Manulife Financial (MFC) Tax Rate (2009 - 2025)
Manulife Financial (MFC) posted Tax Rate of 83.73% for Q4 2025, up 3.64% sequentially from 80.79% in Q4 2024, and up 294.0% YoY from 21.25% in Q4 2024.
Manulife Financial (MFC) Tax Rate (2009 - 2025) Analysis & Trends
Manulife Financial has reported Tax Rate for 17 years, with the latest figure at 83.73% in Q4 2025.
- Quarterly Tax Rate rose 294.0% year-over-year to 83.73% in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 101.94% (up 2267.0% YoY) and the FY2025 annual result came in at 14.58%, down 252.0% from the prior year.
- Tax Rate improved to 83.73% in Q4 2025 per MFC's latest filing, from 80.79% in the prior quarter.
- Over five years, Tax Rate peaked at 88.3% in Q3 2024 and troughed at 21.8% in Q1 2022.
- A 5-year average of 12.84% and a median of 11.22% in 2021 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 2100 bps in 2022, then jumped 8730 bps in 2023.
- Over 5 years, Tax Rate stood at 17.33% in 2021, then jumped by 86 bps to 2.46% in 2022, then surged by 3544 bps to 84.83% in 2023, then dropped by 5 bps to 80.79% in 2024, then advanced by 4 bps to 83.73% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 83.73%, 80.79%, and 88.3% for Q4 2025, Q4 2024, and Q3 2024 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 71.09 Bn | 51.18 Bn | - | - |
| 2 | Metlife | 60.92 Bn | 33.60 Bn | 7.82 Bn | 24.73% |
| 3 | Aflac | 58.73 Bn | -44.28 Bn | 2.27 Bn | 17.09% |
| 4 | Prudential | 36.14 Bn | 27.81 Bn | - | 12.40% |
| 5 | Unum | 14.09 Bn | 4.54 Bn | 1.38 Bn | 22.03% |
| 6 | Jackson Financial | 9.30 Bn | 3.32 Bn | - | 0.75% |
| 7 | Primerica | 9.23 Bn | 8.60 Bn | 717.74 Mn | 21.66% |
| 8 | Lincoln National | 8.25 Bn | -3.43 Bn | 2.62 Bn | 18.93% |
| 9 | Genworth Financial | 3.79 Bn | 1.80 Bn | 668.00 Mn | 23.85% |
| 10 | Brighthouse Financial | 3.06 Bn | -5.01 Bn | 1.03 Bn | 19.98% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 83.73% |
| Dec 31, 2025 | 83.73% |
| Dec 31, 2025 | 83.73% |
| Dec 31, 2024 | 80.79% |
| Dec 31, 2024 | 80.79% |
| Dec 31, 2024 | 80.79% |
| Sep 30, 2024 | 88.30% |
| Sep 30, 2024 | 88.30% |
| Sep 30, 2024 | 88.30% |
| Dec 31, 2023 | 84.83% |
| Dec 31, 2023 | 84.83% |
| Dec 31, 2023 | 84.83% |
| Sep 30, 2023 | 4.34% |
| Sep 30, 2023 | 4.34% |
| Sep 30, 2023 | 4.34% |
| Jun 30, 2023 | -18.45% |
| Jun 30, 2023 | -18.45% |
| Jun 30, 2023 | -18.45% |
| Mar 31, 2023 | -17.98% |
| Mar 31, 2023 | -17.98% |