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Manulife Financial Corp

Manulife Financial Corp

MFC · NYSE · Financial Services / Insurance - Life

44.06USD+0.14 (+0.32%)

Price History

Full chart

Market Stats

Previous Close43.92
Open44.32
Day Range43.77 – 44.41
52-Week Range30.78 – 45.68
Volume1.26M
Market Cap74.05B
P/E (TTM)16.76
Forward P/E12.52
EPS2.67
Dividend Yield3.03%
Beta0.74
50-Day Avg43.51
200-Day Avg39.90

About

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in the insurance agency, broker dealer, investment counseling, portfolio and mutual fund management, property and casualty insurance, and fund and investment management businesses. In addition, it provides integrated banking products and services, as well as offers asset management services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.

Company Details

  • SectorFinancial Services
  • IndustryInsurance - Life
  • CEOMr. Paul Raymon Lorentz
  • Employees37.00K
  • Headquarters200 Bloor Street East, Toronto, ON, Canada, M4W 1E5, USA
  • Websitehttps://www.manulife.com

Leadership

  • Mr. Colin L. SimpsonChief Financial Officer
  • Mr. Paul Raymon LorentzPresident and CEO of Global Wealth & Asset Management
  • Mr. Steven Andrew FinchPresident & CEO of Manulife Asia
  • Mr. Brooks Eric TinglePresident & CEO of John Hancock
  • Mr. Shamus Edward WeilandChief Technology & Operations Officer · b. 1973
  • Mr. Trevor KreelChief Investment Officer
  • Ms. Lynda D. SullivanExecutive VP & Chief Accounting Officer
  • Mr. Hung KoGlobal Head of Treasury & Investor Relations
  • Mr. Michael F. CoyneGeneral Counsel
  • Brittany StraughnGlobal Chief Communications Officer

Financials

Income Statement

Currency: CAD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue10.53B14.11B14.17B16.23B16.53B16.66B26.97B32.69B34.19B35.53B33.00B40.11B37.62B49.98B28.08B17.48B53.07B32.81B51.69B56.65B37.26B77.82B77.12B59.84B24.16B-7.04B-7.29B53.01B
Growth (%)-+33.99%+0.48%+14.51%+1.85%+0.75%+61.91%+21.22%+4.60%+3.92%-7.12%+21.53%-6.21%+32.87%-43.83%-37.72%+203.51%-38.17%+57.52%+9.59%-34.22%+108.84%-0.90%-22.41%-59.63%-129.13%-3.57%+827.41%
Cost of Revenue752.15M888.21M7.05B7.58B7.62B9.16B18.87B17.12B16.67B24.55B22.20B30.08B27.59B42.82B20.61B6.66B41.57B21.41B38.84B44.33B20.30B60.76B59.87B41.20B22.52B-17.72B-20.92B39.49B
Gross Profit10.53B14.11B14.17B16.23B16.53B16.66B8.10B15.57B17.52B35.53B10.80B10.03B10.03B7.16B7.46B10.82B11.50B11.40B12.85B12.32B16.97B17.06B17.25B18.64B1.64B10.68B13.63B13.53B
Gross Margin100.00%100.00%100.00%100.00%100.00%100.00%30.03%47.64%51.24%100.00%32.73%25.00%26.67%14.33%26.59%61.90%21.67%34.75%24.86%21.74%45.53%21.92%22.37%31.14%6.80%-151.80%-187.02%25.51%
Operating Expense9.43B12.76B12.64B14.61B14.62B14.55B4.67B11.25B12.19B28.89B10.22B10.18B12.36B7.01B6.22B7.08B7.24B8.79B9.52B9.82B11.45B10.84B10.48B10.51B4.78B4.23B6.54B6.43B
Operating Income1.10B1.35B1.53B1.62B1.92B2.10B3.42B4.32B5.34B6.64B577.00M-152.00M-2.33B148.00M1.24B3.75B4.26B2.62B3.33B2.50B5.52B6.22B6.77B8.13B-3.14B6.45B7.09B7.09B
Operating Margin10.45%9.58%10.82%9.98%11.60%12.64%12.70%13.22%15.61%18.68%1.75%-0.38%-6.18%0.30%4.43%21.43%8.03%7.98%6.44%4.41%14.81%7.99%8.78%13.58%-12.99%-91.69%-97.28%13.38%
EBITDA1.10B1.35B1.53B1.62B1.92B2.10B4.17B4.36B6.50B6.98B2.02B1.45B-965.00M1.74B2.57B5.22B5.86B4.30B5.04B4.20B7.54B8.16B8.61B9.66B-3.56B8.59B7.26B9.49B
EBITDA Margin10.45%9.58%10.82%9.98%11.60%12.64%15.46%13.34%19.02%19.64%6.11%3.62%-2.57%3.49%9.14%29.84%11.04%13.10%9.74%7.41%20.24%10.49%11.16%16.15%-14.74%-122.03%-99.67%17.91%
Net Income704.54M868.77M1.07B1.17B1.37B1.54B2.55B3.29B3.97B4.23B517.00M1.40B-1.66B218.00M1.71B3.12B3.52B2.22B2.99B2.07B4.67B5.27B5.33B6.66B-2.10B5.46B5.63B5.78B
Net Income Margin6.69%6.16%7.54%7.19%8.29%9.22%9.46%10.07%11.61%11.90%1.57%3.50%-4.42%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%
R&D--00000000000000000000------
R&D as % of Total Revenue--0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%------
Interest Expense156.82M179.53M190.76M257.00M243.00M253.00M633.87M786.23M961.34M1.03B1.04B1.30B1.08B1.25B936.14M992.19M1.08B1.10B1.02B1.16B1.27B1.35B1.18B1.02B1.04B1.55B1.68B1.53B
Interest Expense % of Total Revenue1.49%1.27%1.35%1.58%1.47%1.52%2.35%2.41%2.81%2.90%3.15%3.25%2.88%2.49%3.33%5.67%2.04%3.35%1.97%2.04%3.41%1.74%1.53%1.70%4.31%-22.09%-23.05%2.89%

Balance Sheet

Currency: CAD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets52.50B56.89B60.16B78.61B81.19B77.52B184.25B181.81B186.17B176.46B211.03B205.14B424.77B461.98B485.00B513.63B579.41B704.64B720.68B729.53B750.27B809.13B880.35B917.64B848.94B875.57B978.82B1.02T
Total Liabilities45.69B48.92B52.56B69.26B71.39B67.22B161.01B158.68B160.31B151.98B183.57B176.94B190.80B437.22B459.96B484.60B545.48B662.71B677.86B687.37B703.12B13.63B16.61B881.33B792.56B826.85B925.86B972.15B
Total Equity6.74B7.21B7.21B8.29B8.75B10.29B23.45B23.79B25.66B24.48B27.39B28.83B26.71B24.46B25.59B28.66B33.46B41.94B42.82B42.16B46.06B795.50B863.74B57.17B56.38B47.30B51.54B50.96B
Cash--3.78B5.00B5.14B5.88B8.52B9.36B10.90B12.35B12.35B18.78B11.79B12.81B13.39B13.63B21.08B17.89B15.15B15.96B16.21B20.30B26.17B22.59B19.15B20.34B25.79B14.90B
Total Debt625.13M583.43M588.00M1.42B1.44B1.12B5.83B5.36B4.79B3.90B5.57B4.60B6.42B5.50B8.95B9.16B9.31B9.70B12.88B13.57B13.50B12.72B14.97B11.86B12.97B12.74B14.16B14.66B
Net Debt625.13M583.43M-3.19B-3.58B-3.71B-4.75B-2.69B-4.00B-6.11B-8.45B5.57B4.60B-5.03B-7.31B-4.53B-4.47B-11.77B-8.34B-2.27B-2.79B-2.71B-8.64B-12.17B-10.73B-6.80B-7.60B-11.63B-236.81M

Cash Flow

Currency: CAD1998-12-311999-12-312000-12-312001-12-312002-12-312003-12-312004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-10.91M2.91B1.91B-2.73B2.26B2.65B5.75B7.40B6.68B7.47B7.92B12.02B11.56B10.87B11.08B9.71B10.81B10.33B17.04B17.79B19.19B20.54B20.05B23.16B17.73B20.42B26.49B32.08B
Investing Cash Flow-359.26M-1.93B-282.38M2.15B-1.42B0-524.00M-1.47B-2.00B0-7.21B-9.81B-21.50B-10.76B-10.99B-10.55B-4.07B-13.90B-22.74B-16.29B-19.00B-13.83B-14.15B-24.44B-18.61B-13.72B-18.46B-28.34B
Financing Cash Flow-28.72M693.74M-959.78M1.86B-693.00M1.29B-2.37B-5.81B-4.00B-4.58B2.07B1.18B2.24B655.00M706.00M493.00M21.00M-2.01B3.29B14.00M-724.00M-2.08B663.00M-2.05B-3.00B-5.04B-4.17B-2.05B
Capital Expenditure00000000000055.06B0000000080.61B024.25B18.20B13.75B00
Free Cash Flow-10.91M2.91B1.91B-2.73B2.26B2.65B5.75B8.20B8.05B7.47B7.92B12.02B66.62B10.87B11.08B9.71B10.81B10.33B17.04B17.79B19.19B20.54B20.05B23.16B17.73B20.42B26.49B32.08B
Dividends Paid--193.00M231.00M285.00M368.00M690.00M940.00M1.16B1.37B1.52B1.15B691.00M717.00M733.00M761.00M910.00M1.43B1.59B1.78B1.79B1.40B2.34B2.50B2.79B2.97B3.16B3.30B
FCF to OCF100.00%100.00%100.00%100.00%100.00%100.00%100.00%110.83%120.50%100.00%100.00%100.00%576.33%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%100.00%
Dividend Paid to FCF--10.09%-8.46%12.62%13.86%11.99%11.46%14.45%18.35%19.24%9.56%1.04%6.60%6.62%7.84%8.42%13.81%9.35%10.01%9.32%6.81%11.67%10.80%15.71%14.55%11.92%10.29%

Earnings

Report DateNov 15, 1999Feb 17, 2000May 17, 2000Aug 15, 2000Nov 9, 2000Feb 8, 2001May 3, 2001Jul 31, 2001Oct 30, 2001Feb 5, 2002Apr 29, 2002Jul 30, 2002Oct 24, 2002Feb 4, 2003Apr 24, 2003Jul 24, 2003Oct 28, 2003Feb 5, 2004Apr 26, 2004Aug 5, 2004Nov 4, 2004Feb 10, 2005May 5, 2005Aug 4, 2005Nov 3, 2005Feb 9, 2006May 4, 2006Aug 3, 2006Nov 2, 2006Feb 13, 2007May 3, 2007Aug 8, 2007Nov 6, 2007Feb 14, 2008May 8, 2008Aug 7, 2008Nov 6, 2008Feb 12, 2009May 7, 2009Aug 6, 2009Nov 5, 2009Feb 11, 2010May 6, 2010Aug 5, 2010Nov 4, 2010Feb 10, 2011May 5, 2011Aug 11, 2011Nov 3, 2011Feb 9, 2012May 3, 2012Aug 9, 2012Nov 8, 2012Feb 7, 2013May 2, 2013Aug 8, 2013Nov 7, 2013Feb 13, 2014May 1, 2014Aug 7, 2014Nov 13, 2014Feb 12, 2015May 7, 2015Aug 6, 2015Nov 12, 2015Feb 11, 2016May 5, 2016Aug 4, 2016Nov 10, 2016Feb 9, 2017May 3, 2017Aug 9, 2017Nov 8, 2017Feb 7, 2018May 2, 2018Aug 8, 2018Nov 7, 2018Feb 13, 2019May 1, 2019Aug 7, 2019Nov 6, 2019Feb 12, 2020May 6, 2020Aug 5, 2020Nov 11, 2020Feb 10, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 9, 2022May 11, 2022Aug 10, 2022Nov 9, 2022Feb 15, 2023May 10, 2023Aug 9, 2023Nov 8, 2023Feb 14, 2024May 8, 2024Aug 7, 2024Nov 6, 2024Feb 19, 2025May 7, 2025Aug 6, 2025Nov 12, 2025Feb 11, 2026May 13, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate0.210.230.240.250.250.270.280.300.280.320.340.360.350.360.380.380.410.430.440.450.470.460.520.520.500.560.590.660.620.660.690.690.710.700.720.710.44-0.83-0.370.640.310.640.420.42-0.410.660.360.380.350.300.320.330.320.330.300.300.320.370.360.400.400.400.420.440.450.450.430.450.450.510.520.540.500.590.620.650.670.660.700.710.730.750.590.610.700.720.770.780.790.820.820.760.710.810.800.770.810.850.910.880.670.950.480.971.041.061.090.780.83
EPS Actual0.230.250.240.260.330.300.280.320.330.350.350.360.350.400.380.420.430.460.460.480.460.500.520.530.550.560.600.600.620.700.680.710.700.750.570.660.33-1.24-0.670.480.480.450.420.370.440.380.460.260.370.190.580.220.290.280.280.120.540.350.370.360.390.360.390.440.430.420.440.400.490.630.530.570.530.590.640.700.750.650.760.720.760.730.510.780.730.740.820.830.760.840.770.780.670.880.790.830.920.920.940.910.721.030.250.951.161.121.060.79-
Surprise9.52%8.70%0.00%4.00%32.00%11.11%0.00%6.67%17.86%9.38%2.94%0.00%0.00%11.11%0.00%10.53%4.88%6.98%4.55%6.67%-2.13%8.70%0.00%1.92%10.00%0.00%1.69%-9.09%0.00%6.06%-1.45%2.90%-1.41%7.14%-20.83%-7.04%-25.00%-49.40%-81.08%-25.00%54.84%-29.69%0.00%-11.90%207.32%-42.42%27.78%-31.58%5.71%-36.67%81.25%-33.33%-9.38%-15.15%-6.67%-60.00%68.75%-5.41%2.78%-10.00%-2.50%-10.00%-7.14%0.00%-4.44%-6.67%2.33%-11.11%8.89%23.53%1.92%5.56%6.00%0.00%3.23%7.69%11.94%-1.52%8.57%1.41%4.11%-2.67%-13.56%27.87%4.29%2.78%6.49%6.41%-3.80%2.44%-6.10%2.63%-5.63%8.64%-1.25%7.79%13.58%8.24%3.30%3.41%7.46%8.88%-47.92%-2.06%11.54%5.66%-2.75%1.28%-
TimingPre-marketPre-marketPre-marketPre-marketPre-market---Pre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap74.05B
Enterprise Value69.79B
Trailing P/E16.76
Forward P/E12.52
PEG Ratio0.94
Price / Sales2.24
Price / Book2.24
EPS2.67
Book Value21.75
Revenue (TTM)33.11B
Gross Profit (TTM)16.83B
EBITDA10.62B
Profit Margin20.31%
Operating Margin28.25%
Return on Equity13.31%
Return on Assets0.60%
Shares Outstanding1.65B
Shares Float1.66B
Beta0.74
Dividend Yield3.03%
Dividend Rate1.36
Payout Ratio33.23%

Analyst Ratings

Buy
Based on 15 analystsTarget 34.84
  • Strong Buy
    6
  • Buy
    4
  • Hold
    3
  • Sell
    2

Ownership Breakdown

Institutions
54.22%
Insiders
0.02%
Retail / Other
45.76%

Top Institutional Holders

  • Royal Bank of Canada
    108.02M6.53%
  • Bank of Montreal
    56.77M3.43%
  • BMO Capital Markets Corp.
    56.77M3.43%
  • Vanguard Capital Management, LLC
    48.45M2.93%
  • TD Asset Management Inc
    31.32M1.89%
  • Mackenzie Investments
    29.51M1.78%
  • NATIONAL BANK OF CANADA /FI/
    26.55M1.60%
  • 1832 Asset Management L.P
    25.78M1.56%
  • Geode Capital Management, LLC
    19.58M1.18%
  • CIBC Global Asset Management Inc
    17.58M1.06%
  • TD Waterhouse Canada Inc
    16.76M1.01%
  • NORGES BANK
    16.21M0.98%
  • CIBC World Markets Inc.
    16.16M0.98%
  • Vanguard Fiduciary Trust Co
    14.82M0.90%
  • Bank of Nova Scotia
    14.67M0.89%
  • Morgan Stanley - Brokerage Accounts
    12.98M0.78%
  • Vanguard Global Advisers, LLC
    12.95M0.78%

Top Fund Holders

  • Vanguard Total Intl Stock Index Inv
    24.74M1.50%
  • RBC Canadian Dividend Fund A
    17.46M1.06%
  • Vanguard Developed Markets Index Admiral
    16.33M0.99%

Dividends

20263×
0.35Aug 21, 20260.35May 29, 20260.35Feb 25, 2026
20254×
0.31Nov 26, 20250.32Aug 20, 20250.32May 21, 20250.31Mar 5, 2025
20244×
0.29Nov 20, 20240.29Aug 21, 20240.29May 21, 20240.30Feb 27, 2024
20234×
0.27Nov 21, 20230.27Aug 22, 20230.27May 23, 20230.27Feb 27, 2023
20224×
0.25Nov 21, 20220.25Aug 22, 20220.26May 24, 20220.26Feb 22, 2022
20214×
0.26Nov 30, 20210.22Aug 16, 20210.23May 17, 20210.22Feb 22, 2021
20201×
0.21Nov 20, 2020

Stock Splits

  • Jun 5, 20062:1