Marsh & Mclennan Companies (MRSH) Deferred Taxes (2009 - 2021)
Marsh & Mclennan Companies' (MRSH) quarterly Deferred Taxes came in at -$70.0 million in Q4 2021, down 305.88% on a YoY basis from $34.0 million in Q4 2020, and up 37.5% quarter-over-quarter from -$112.0 million in Q3 2021.
Analysis
Marsh & Mclennan Companies (MRSH) Deferred Taxes (2009 - 2021) Analysis & Trends
Marsh & Mclennan Companies (MRSH) has reported Deferred Taxes for 13 consecutive years, with -$70.0 million the latest figure, recorded in Q4 2021.
- For the quarter ending Q4 2021, Deferred Taxes fell 305.88% year-over-year to -$70.0 million; the trailing twelve-month figure through Dec 2021 stood at -$63.0 million (down 257.5% YoY), and the FY2021 full-year result was -$63.0 million, down 257.5% from the prior year.
- Deferred Taxes grew to -$70.0 million in Q4 2021 per MRSH's latest filing, from -$112.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $344.0 million in Q4 2017 and bottomed at -$112.0 million in Q3 2021.
- Historically, Deferred Taxes has averaged $20.9 million across 5 years, with a median of $12.0 million in 2018.
- The widest YoY moves for Deferred Taxes: up 5350.0% in 2021, down 11100.0% in 2021.
- Over 5 years, Deferred Taxes stood at $344.0 million in 2017, then plunged by 130.52% to -$105.0 million in 2018, then soared by 89.52% to -$11.0 million in 2019, then soared by 409.09% to $34.0 million in 2020, then sank by 305.88% to -$70.0 million in 2021.
- According to Business Quant data, Deferred Taxes over the past three periods registered -$70.0 million, -$112.0 million, and $105.0 million for Q4 2021, Q3 2021, and Q2 2021 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Marsh & Mclennan Companies | 85.11 Bn | 72.91 Bn | 6.04 Bn | - |
| 2 | Aon | 64.77 Bn | 63.50 Bn | - | -41.00 Mn |
| 3 | Arthur J. Gallagher | 61.87 Bn | 60.48 Bn | - | -11.00 Mn |
| 4 | Willis Towers Watson | 29.66 Bn | 28.00 Bn | 2.09 Bn | -12.00 Mn |
| 5 | Brown & Brown | 22.09 Bn | 21.17 Bn | 1.41 Bn | 48.00 Mn |
| 6 | XChange TEC.INC | 15.59 Bn | 15.59 Bn | - | - |
| 7 | Erie Indemnity | 11.31 Bn | 10.96 Bn | - | - |
| 8 | Ryan Specialty Holdings | 4.78 Bn | 4.64 Bn | - | 17.14 Mn |
| 9 | Neptune Insurance Holdings | 4.32 Bn | 4.31 Bn | - | -399,000.00 |
| 10 | Baldwin Insurance | 2.75 Bn | 2.56 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2021 | -70.00 Mn |
| Sep 30, 2021 | -112.00 Mn |
| Jun 30, 2021 | 105.00 Mn |
| Mar 31, 2021 | 14.00 Mn |
| Dec 31, 2020 | 34.00 Mn |
| Sep 30, 2020 | -1.00 Mn |
| Jun 30, 2020 | -2.00 Mn |
| Mar 31, 2020 | 9.00 Mn |
| Dec 31, 2019 | -11.00 Mn |
| Sep 30, 2019 | 13.00 Mn |
| Jun 30, 2019 | 91.00 Mn |
| Mar 31, 2019 | -9.00 Mn |
| Dec 31, 2018 | -105.00 Mn |
| Sep 30, 2018 | 32.00 Mn |
| Jun 30, 2018 | 23.00 Mn |
| Mar 31, 2018 | 11.00 Mn |
| Dec 31, 2017 | 344.00 Mn |
| Sep 30, 2017 | 10.00 Mn |
| Jun 30, 2017 | 17.00 Mn |
| Mar 31, 2017 | 25.00 Mn |