Marsh & Mclennan Companies (MRSH) Deferred Taxes (2009 - 2021)

Marsh & Mclennan Companies (MRSH) reported Deferred Taxes of -$70.0 million for 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.

Marsh & Mclennan Companies (MRSH) Deferred Taxes (2009 - 2021) Analysis & Trends

Marsh & Mclennan Companies has reported Deferred Taxes for 13 years, with the latest figure at -$70.0 million 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 for Q4 2021 stood at -$70.0 million, up from -$112.0 million in the prior quarter.
  • The five-year high for Deferred Taxes was $344.0 million in Q4 2017, with the low 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 largest YoY upside for Deferred Taxes was 5350.0% in 2021 against a maximum downside of 11100.0% in 2021.
  • Marsh & Mclennan Companies' Deferred Taxes stood at $344.0 million in 2017, then slumped by 130.52% to -$105.0 million in 2018, then jumped by 89.52% to -$11.0 million in 2019, then jumped by 409.09% to $34.0 million in 2020, then tumbled by 305.88% to -$70.0 million in 2021.
  • The last three Deferred Taxes figures came in at -$70.0 million (Q4 2021), -$112.0 million (Q3 2021), and $105.0 million (Q2 2021), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Deferred Taxes (Qtr)
1 Marsh & Mclennan Companies 79.42 Bn 67.92 Bn 5.88 Bn -
2 Aon 69.98 Bn 68.59 Bn - -49.00 Mn
3 Arthur J. Gallagher 55.55 Bn 54.17 Bn - 97.00 Mn
4 Willis Towers Watson 24.71 Bn 22.93 Bn 1.98 Bn -30.00 Mn
5 Brown & Brown 19.80 Bn 18.82 Bn 1.61 Bn 80.00 Mn
6 XChange TEC.INC 6.75 Bn 6.75 Bn - -
7 Neptune Insurance Holdings 4.00 Bn 3.99 Bn - 9,000.00
8 Corvel 2.98 Bn 2.64 Bn 54.92 Mn -341,000.00
9 Accelerant Holdings 2.93 Bn 1.42 Bn 48.00 Mn -400,000.00
10 Baldwin Insurance 1.62 Bn 2.07 Bn - -

Historic Data

Download Data
DateValue
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