Manulife Financial (MFC) Tax Rate (2009 - 2025)
Manulife Financial's Tax Rate came in at -16.38% for the quarter ended Jun 30, 2026, down 1.43 percentage points from -14.95% a year earlier and down 0.69 percentage points from the prior quarter.
Manulife Financial (MFC) Tax Rate (2009 - 2025) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Manulife Financial reported Tax Rate of -15.57%, down 0.83 percentage points year-over-year; for the year ended Dec 31, 2025, it was -14.58%, up 2.52 percentage points from the prior year.
- Tax Rate carries a five-year change of +3.07 percentage points (years ended Dec 2020 to Dec 2025).
- Going back by year, Tax Rate was -17.09% in the year ended Dec 31, 2024 (-4.00 pp), -13.10% in the year ended Dec 31, 2023 (-26.35 pp), 13.25% in the year ended Dec 31, 2022 (+28.18 pp) and -14.93% in the year ended Dec 31, 2021 (+2.72 pp).
- The figure for the quarter ended Jun 30, 2026 represents the lowest quarterly Tax Rate since the quarter ended Dec 31, 2024.
- Year-over-year, Tax Rate increased in three of the last eight quarters, with an average year-over-year change of -1.36 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in the quarter ended Dec 31, 2022 (a gain of 49.76 percentage points), and the weakest in the quarter ended Dec 31, 2023 (a drop of 47.59 percentage points).
- Business Quant data shows MFC's Tax Rate at -15.69% (quarter ended Mar 31, 2026), -16.27% (quarter ended Dec 31, 2025) and -13.91% (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.30 Bn | 80.89 Bn | 9.13 Bn | 20.47% |
| 2 | Progressive | 130.32 Bn | 106.15 Bn | 9.04 Bn | 21.34% |
| 3 | Marsh & Mclennan Companies | 85.17 Bn | 76.66 Bn | - | 24.15% |
| 4 | Travelers Companies | 78.40 Bn | 54.65 Bn | 6.23 Bn | 20.20% |
| 5 | Manulife Financial | 73.81 Bn | -21.07 Bn | - | - |
| 6 | Metlife | 64.41 Bn | -42.37 Bn | 7.82 Bn | 24.73% |
| 7 | Allstate | 60.46 Bn | 21.73 Bn | 8.73 Bn | 21.03% |
| 8 | Arthur J. Gallagher | 60.04 Bn | 54.44 Bn | - | 21.74% |
| 9 | Aon | 58.69 Bn | 51.91 Bn | - | 21.96% |
| 10 | Aflac | 58.66 Bn | 33.88 Bn | 2.27 Bn | 17.09% |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 83.73% |
| Sep 30, 2025 | 86.09% |
| Sep 30, 2023 | 4.34% |
| Dec 31, 2022 | 32.42% |
| Jun 30, 2020 | 0.84% |
| Dec 31, 2015 | 55.88% |
| Jun 30, 2015 | 4.31% |
| Jun 30, 2013 | 50.24% |
| Dec 31, 2012 | 1.28% |
| Jun 30, 2009 | 5.25% |
Manulife Financial Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=MFC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "MFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=MFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();