Manulife Financial (MNUFF) Tax Provisions (2009 - 2023)
Manulife Financial's (MNUFF) quarterly Tax Provisions came in at $1.0 billion in Q4 2023, up 468.32% year-on-year from $176.8 million in Q4 2022, and up 2541.38% quarter-over-quarter from $38.0 million in Q3 2023.
Manulife Financial (MNUFF) Tax Provisions (2009 - 2023) Analysis & Trends
Manulife Financial has disclosed Tax Provisions across 15 years of filings, most recently posting $1.0 billion for Q4 2023.
- Tax Provisions for Q4 2023 came in at $1.0 billion, up 468.32% year-over-year; the trailing twelve-month figure through Dec 2023 was $617.0 million (up 167.16% YoY), and the FY2025 annual result was $741.5 million, down 14.54% from the prior year.
- Tax Provisions came in at $1.0 billion for Q4 2023 at Manulife Financial, up from $38.0 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $1.0 billion in Q4 2023 to a low of -$638.7 million in Q1 2022.
- The 5-year median for Tax Provisions is -$188.3 million (2023), against an average of -$135.7 million.
- Across the five-year window, Tax Provisions tumbled 11448.02% in 2022 and surged 468.32% in 2023, its largest moves.
- Manulife Financial's Tax Provisions stood at -$67.4 million in 2019, then tumbled by 154.86% to -$171.8 million in 2020, then slumped by 98.54% to -$341.1 million in 2021, then surged by 151.83% to $176.8 million in 2022, then soared by 468.32% to $1.0 billion in 2023.
- The last three Tax Provisions figures came in at $1.0 billion (Q4 2023), $38.0 million (Q3 2023), and -$197.3 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 569.94 Bn | 569.94 Bn | - | - |
| 2 | Aflac | 59.18 Bn | 53.52 Bn | 1.48 Bn | 206.00 Mn |
| 3 | Metlife | 55.03 Bn | 39.09 Bn | 256.00 Mn | 345.00 Mn |
| 4 | Unum | 14.28 Bn | 4.32 Bn | 1.40 Bn | 70.70 Mn |
| 5 | Globe Life | 12.35 Bn | 11.67 Bn | 1.45 Bn | 63.61 Mn |
| 6 | Primerica | 8.38 Bn | 8.38 Bn | 770.81 Mn | 59.32 Mn |
| 7 | Jackson Financial | 7.49 Bn | 1.65 Bn | - | 20.00 Mn |
| 8 | Lincoln National | 6.73 Bn | -8.95 Bn | 3.25 Bn | -74.00 Mn |
| 9 | CNO Financial | 4.53 Bn | 4.20 Bn | 754.30 Mn | 10.70 Mn |
| 10 | Manulife Financial | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 1.00 Bn |
| Sep 30, 2023 | 38.04 Mn |
| Jun 30, 2023 | -197.28 Mn |
| Mar 31, 2023 | -228.57 Mn |
| Dec 31, 2022 | 176.81 Mn |
| Sep 30, 2022 | -254.56 Mn |
| Jun 30, 2022 | -202.36 Mn |
| Mar 31, 2022 | -638.69 Mn |
| Dec 31, 2021 | -341.13 Mn |
| Sep 30, 2021 | -131.87 Mn |
| Jun 30, 2021 | -496.25 Mn |
| Mar 31, 2021 | -5.53 Mn |
| Dec 31, 2020 | -171.82 Mn |
| Sep 30, 2020 | -285.91 Mn |
| Jun 30, 2020 | 5.05 Mn |
| Mar 31, 2020 | -445.30 Mn |
| Dec 31, 2019 | -67.42 Mn |
| Sep 30, 2019 | -75.76 Mn |
| Jun 30, 2019 | -179.38 Mn |
| Mar 31, 2019 | -217.31 Mn |