Manulife Financial (MFC) Tax Rate (2009 - 2023)

Manulife Financial has disclosed Tax Rate across 15 years of filings, most recently posting 64.44% for Q4 2023.

• Tax Rate for Q4 2023 came in at 64.44%, up 6690.0% year-over-year; the trailing twelve-month figure through Dec 2023 was 12.92% (down 3286.0% YoY), and the FY2025 annual result was 14.58%, down 252.0% from the prior year.
• Tax Rate came in at 64.44% for Q4 2023 at Manulife Financial, up from 4.34% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 64.44% in Q4 2023 to a low of 35.04% in Q1 2020.
• The 5-year median for Tax Rate is 13.83% (2019), against an average of 9.48%.
• Across the five-year window, Tax Rate tumbled 2359 bps in 2020 and soared 6690 bps in 2023, its largest moves.
• Manulife Financial's Tax Rate stood at 7.27% in 2019, then sank by 49 bps to 10.85% in 2020, then sank by 60 bps to 17.33% in 2021, then surged by 86 bps to 2.46% in 2022, then soared by 2716 bps to 64.44% in 2023.
• The last three Tax Rate figures came in at 64.44% (Q4 2023), 4.34% (Q3 2023), and 18.45% (Q2 2023), per Business Quant data.