Medibank Pvt (ASX:MPL) Tax Expense: A$208 Mil (TTM As of Dec. 2025)


ASX:MPL Medibank Pvt Ltd ASX:MPL
76 GF Score
Price A$4.99
GF Value A$4.38
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Medibank Pvt Tax Expense?

Medibank Pvt ASX:MPL +2.67% 76 Tax Expense is A$208 Mil as of Dec. 2025. GuruFocus rates ASX:MPL with a GF Score™ of 76/100 and a GF Value™ of A$4.38 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Medibank Pvt's tax expense for the months ended in Dec. 2025 was A$138 Mil. Its tax expense for the trailing twelve months (TTM) ended in Dec. 2025 was A$208 Mil.


Medibank Pvt  (ASX:MPL) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Medibank Pvt Tax Expense Related Terms


Medibank Pvt Tax Expense Historical Data

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The historical data trend for Medibank Pvt's Tax Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Medibank Pvt Tax Expense Chart

Medibank Pvt Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 191.10 166.10 216.00 215.30 219.50

Medibank Pvt Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 148.70 66.60 148.90 70.60 137.50
ASX:MPL
76GF Score
Medibank Pvt Ltd ASX:MPL
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Medibank Pvt Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$208 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Tax Expense →
What does a Tax Expense of A$208 Mil mean?
Medibank Pvt (ASX:MPL) has a Tax Expense of A$208 Mil as of Dec. 2025. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Medibank Pvt and its competitors.
Is Medibank Pvt's Tax Expense too high?
Medibank Pvt's current Tax Expense is A$208 Mil. Overall, Medibank Pvt has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Medibank Pvt's Tax Expense compare to FNF and AXS?
Medibank Pvt's Tax Expense of A$208 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for an Insurance company?
A good Tax Expense depends on the Insurance industry context. However, Tax Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Medibank Pvt and its competitors. Medibank Pvt's current Tax Expense is A$208 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Medibank Pvt stock overvalued right now?
Based on GuruFocus' analysis, Medibank Pvt (ASX:MPL) is currently considered Modestly Overvalued. The stock's GF Value™ is A$4.38, compared to a current price of A$4.99 — trading 13.9% above its estimated fair value. The current Tax Expense is A$208 Mil. Medibank Pvt's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Medibank Pvt (ASX:MPL), the current Tax Expense is A$208 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Medibank Pvt (ASX:MPL) Overvalued in 2026?

Based on GuruFocus' analysis, Medibank Pvt stock appears to be overvalued. The current stock price of A$4.99 is trading 13.9% above its estimated GF Value™ of A$4.38. GuruFocus considers Medibank Pvt to be Modestly Overvalued.

Key valuation signals for ASX:MPL:

  • Tax Expense: A$208 Mil
  • GF Value™: A$4.38 vs. price of A$4.99 (13.9% above fair value)
  • GF Score™: 76/100 with 6 warning signs

No single metric tells the full story. See the ASX:MPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Medibank Pvt Business Description

Other Exchanges MDBPF:USAMDBKY:USA
Address 695 Collins Street, Medibank Melbourne Hub, Level 2, Docklands, Melbourne, VIC, AUS, 3008
Previously owned by the Australian government, Medibank is the largest health insurer in Australia. Its two brands, Medibank Private and Ahm, cover around 5 million people. Medibank and Australia's fourth-largest health fund, NIB Holdings, are the only listed health insurers. In addition to private health insurance, the firm provides life, pet, and travel insurance, as well as health insurance for overseas students and temporary overseas workers. The Medibank Health division provides healthcare services to businesses, governments, and communities across Australia and New Zealand.
76GF Score

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Tax Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$4.99
Price
A$4.38
GF Value