Manulife Financial Corp

Manulife Financial Corp

MFC-PM.TO
Manulife Financial CorpCA flagToronto Stock Exchange
25.33
CAD
+0.22
- -
99.04BMarket Cap
Manulife Financial Corp
MFC-PM.TO
(Toronto Stock Exchange)

Recent

price

25.33

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Revenue per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic EPS, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Tangible Book Value per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Basic Weighted Avg Shares
36,637
49,982
28,076
17,485
53,069
32,815
51,691
56,650
37,264
77,822
77,121
59,841
24,159
-7,037
-7,288
53,014
78,899
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
316
345
390
426
462
580
693
560
747
626
656
529
-1,474
-1,417
-1,507
-1,829
-1,887
Depreciation Expense
-1,583
218
1,707
3,118
3,522
2,221
2,990
2,068
4,673
5,269
5,326
6,657
-2,100
5,463
5,631
5,782
6,418
Net Income, GAAP
- -
- -
- -
15.51
15.74
12.53
5.89
9.56
11.45
11.54
17.65
14.93
- -
13.1
17.09
14.58
15.11
Effective Tax Rate (%)
-4.32
0.44
6.08
17.83
6.64
6.77
5.78
3.65
12.54
6.77
6.91
11.12
-8.69
-77.63
-77.26
10.91
8.13
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
8,501
7,178
8,605
8,816
8,967
9,548
12,876
13,171
13,501
11,663
13,993
11,862
11,741
12,144
14,161
12,934
13,070
LT Debt
24,675
24,879
25,159
29,033
33,926
41,938
42,823
42,163
47,151
50,106
53,006
46,892
48,226
48,727
52,960
52,488
53,056
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
10.99
11.33
7.39
8.1
5.78
10.66
11.34
10.38
12.78
- -
14.23
14.29
14.24
15.95
Return on Capital (%)
-6.98
0.59
7.06
12.27
12.65
7.09
8.95
5.81
13.11
13.72
12.8
17.25
-8.02
19.67
20.54
21.6
24.5
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
1,741
377
LT Borrowings
13,428
12,934
13,070
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
6,660
6,660
6,660
Shares Outstanding
1,690
1,677
1,672
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
25,832
26,703
24,988
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,741
377
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.46%
0.03%
-0.89%
Free Cash Flow
14.21%
12.21%
21.18%
Net Income, GAAP
-31.74%
-92.19%
2.68%
Sales/Revenue/Turnover
-89.42%
-207%
-827.41%
Total Cash Common Dividend
10.8%
6.61%
4.78%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
35,177
18,478
14,572
4,218
-7,288
2025
9,044
41,125
17,309
8,604
53,014
2026
11,861
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Manulife Financial Corporation Manulife Financial Corporation operates as a leading international financial services provider, offering life insurance, health insurance, annuities, wealth management, and asset management products to individuals, families, groups, businesses, and institutions. The company delivers its core offerings through segments including Global Wealth and Asset Management (Global WAM), which provides investment advice, mutual funds, exchange-traded funds (ETFs), retirement plans, and private credit solutions; Insurance, encompassing individual and group life insurance, long-term care insurance, travel insurance, and guaranteed annuities; and Corporate and Other, managing assets backing capital and reinsurance services in property retrocession. Manulife Bank of Canada supports innovative banking services, while products distribute via agents, brokers, banks, financial planners, and digital channels. Founded in 1887 and headquartered in Toronto, Canada, Manulife conducts operations primarily under the Manulife brand in Canada, Asia, and Europe, and as John Hancock in the United States, serving clients across North America, Asia, and select international markets with over 37,000 employees and more than 109,000 agents. Recent developments include the November 2025 completion of a 75% acquisition of Comvest Credit Partners to create Manulife | Comvest Credit Partners, a scaled private credit platform immediately accretive to core earnings per share, return on equity, and EBITDA margin; the November 2025 launch of four new BlackRock-managed segregated index funds (Manulife BlackRock Canadian Universe Bond Index Fund, Canadian Equity Index Fund, U.S. Equity Index Fund, and International Equity Index Fund) for enhanced advisor and client options in GIF Select InvestmentPlus series and RESPs; and a refreshed enterprise strategy announced in November 2025 emphasizing AI investment, U.S. middle-income expansion, and a planned joint venture with Mahindra in India.