Manulife Financial (MFC) Non-Current Deferred Tax Liability (2009 - 2026)

As of Dec 31, 2025, Manulife Financial reported Non-Current Deferred Tax Liability of $1.44 billion, up 6.8% from the prior year.

• Annual Non-Current Deferred Tax Liability has increased for three straight years, though with a five-year compound annual growth rate of -5.8% (years ended Dec 2020 to Dec 2025).
• Across earlier years, Non-Current Deferred Tax Liability came in at $1.35 billion in the year ended Dec 31, 2024 (+7.6%), $1.26 billion in the year ended Dec 31, 2023 (+6.5%), $1.18 billion in the year ended Dec 31, 2022 (-46.5%) and $2.21 billion in the year ended Dec 31, 2021 (+13.2%).
• The figure for the quarter ended Jun 30, 2026 is the highest quarterly Non-Current Deferred Tax Liability since the quarter ended Sep 30, 2022.
• On a year-over-year basis, Non-Current Deferred Tax Liability has increased for three consecutive quarters, with growth averaging 8.0% over the last eight quarters.
• Peak year-over-year performance for Non-Current Deferred Tax Liability in the last five years was growth of 48.4% in the quarter ended Mar 31, 2022, against a decline of 49.5% in the quarter ended Mar 31, 2023 at the low end.
• Per Business Quant, the preceding three quarters came in at $1.46 billion (quarter ended Mar 31, 2026), $1.45 billion (quarter ended Dec 31, 2025) and $1.49 billion (quarter ended Sep 30, 2025).