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Manulife Financial Corporation MFC FINANCIAL

Financial Services · Insurance - Life · Canada
https://www.manulife.com
Company Profile ↓
$43.38
+45.08% 1Y
Mkt Cap$71.87B
P/E16.37
P/B2.02
Div. Yield3.10%
52W High$44.59
52W Low$29.24
Book Value$21.93
EPS (TTM)$2.65

Company Overview

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.

Why Investors Should Care

Steady Revenue Expansion

Revenue has grown at a 29.9% CAGR over the past five years.

Reasonable Valuation

Trades at an undemanding P/E of 16.4.

Healthy Margins

Maintains a net profit margin of 20.3%.

Dividend Income

Offers a dividend yield of 3.10%.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $53.01B (-827.4% YoY); net profit $5.78B.
  • Trailing 12 Months Year-on-year growth — revenue +10.7%, earnings +22.4%.
  • 5-Year Trend Long-term compounding — revenue CAGR 29.9%.

Growth & Price Performance

Compounded Sales Growth

5 Years:29.95%
1 Year:10.70%

Compounded Profit Growth

5 Years:-
1 Year:22.40%

Stock Price Performance

1 Year:+45.08%
6 Months:+32.18%
3 Months:+12.48%
1 Month:-1.30%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Bullish
52-Week Range 92% of range
$29.24 $44.59
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMAAbove
  • RSI (14)51.73 · Neutral
Price Performance
1M-1.30%
3M+12.48%
6M+32.18%
1Y+45.08%
Valuation vs Sector

P/E of 16.37 is above the sector median of 12.89 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Excellent profit margin of 20.3%.
  • Compounding revenue at 29.9% over 5 years.
  • Attractive dividend yield of 3.10%.
  • Generates positive free cash flow.
  • In a confirmed uptrend (50-DMA above 200-DMA).

CONS

No notable concerns flagged.

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
16.37
Industry PE
12.89
Forward P/E
12.11
PEG Ratio
0.88
Book Value
$21.93
Price to Book
2.02
P/S
2.22
EV/EBITDA
6.43
Dividend Yield
3.10%

Growth (CAGR)

Revenue 5Y
29.95%
Profit 5Y
-
Revenue (YoY)
10.70%
Earnings (YoY)
22.40%

Profitability & Returns

ROCE
-
ROE
13.31%
ROA
0.60%
Profit Margin
20.31%
Op Margin
28.25%
Gross Margin
50.82%
EPS (Latest Qtr)
$0.65
EPS (TTM)
$2.65

Balance Sheet & Liquidity

Debt/Equity
0.42
Quick Ratio
9.17
Current Ratio
29.53
Debt
$23.34B
Total Assets
$1.03T
Current Assets
-
Working Capital
-

Ownership

Promoter Holding
0.02%
Chg in Prom Hold
-
FII / Inst Holding
54.50%
Chg in FII Hold
0.40%

Financial Snapshot

Enterprise Value
$71.87B
Total Revenue (TTM)
$33.11B
EBITDA
$10.62B
Free Cash Flow
$1.54B
Operating Cash Flow
$30.95B
Shares Outstanding
1.66B
Gross Margin
50.82%
Payout Ratio
50.14%

Peer comparison

Peer companies in the same sector (Financial Services).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 MFC Manulife Financial Corporation FINANCIAL 43.38 16.37 $71.87B 3.10% - 13.31% 29.95% -
2 JPM JPMorgan Chase & Co. SPXR3KFINANCIAL 353.51 15.15 $939.70B 1.72% - 17.79% 12.50% 14.83%
3 BRK-B Berkshire Hathaway Inc. SPXFINANCIAL 505.83 12.72 $712.23B 0.00% - 12.12% 4.18% 9.44%
4 V Visa Inc. SPXR3KFINANCIAL 368.64 31.35 $628.20B 0.72% 37.15% 61.19% 14.33% 13.04%
5 MA Mastercard Incorporated SPXR3KFINANCIAL 570.89 31.44 $496.37B 0.62% 60.19% - 12.29% 19.21%
6 BAC Bank of America Corporation SPXR3KFINANCIAL 62.39 14.41 $436.28B 2.04% - 11.20% 3.14% 4.27%
7 BRK-A Berkshire Hathaway Inc. FINANCIAL 757,791.00 12.71 $370.14B 0.00% - 12.12% 7.60% 10.02%
8 HSBC HSBC Holdings plc FINANCIAL 106.26 15.18 $363.70B 3.65% - 13.10% 9.75% 12.72%
9 MS Morgan Stanley SPXR3KFINANCIAL 216.24 17.48 $339.62B 2.26% - 17.97% 3.76% 9.66%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 9.04B41.12B17.31B8.60B11.86B
Cost of Revenue -----
Gross Profit -----
Operating Expenses -----
Operating Income 1.08B2.62B2.62B2.31B1.85B
EBITDA -----
Interest Expense 379.00M358.00M388.00M405.00M389.00M
Pretax Income 699.00M2.26B2.23B1.91B1.47B
Tax Provision 76.00M338.00M310.00M310.00M230.00M
Net Income 557.00M1.87B1.79B1.56B1.19B
Diluted EPS 0.250.981.02-0.65

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue -24.16B-7.04B-7.29B53.01B
Cost of Revenue -----
Gross Profit -----
Operating Expenses -----
Operating Income --2.09B8.01B8.77B8.62B
EBITDA -----
Interest Expense -1.05B1.55B1.68B1.53B
Pretax Income --3.14B6.45B7.09B7.09B
Tax Provision --1.16B845.00M1.21B1.03B
Net Income --2.10B5.46B5.63B5.78B
Diluted EPS -3.682.612.843.07

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets -833.69B875.57B978.82B1.03T
Current Assets -----
Cash & Equivalents -19.15B20.34B25.79B26.70B
Inventory -----
Receivables 1.29B1.45B---
Total Liabilities -785.46B826.85B925.86B972.95B
Current Liabilities -----
Long Term Debt -11.74B12.14B14.16B12.93B
Total Debt -12.36B12.74B14.16B14.68B
Total Equity -46.80B47.30B51.54B50.96B
Shares Outstanding -1.86B1.81B1.73B1.68B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow -16.63B20.42B26.49B32.10B
Investing Cash Flow --18.40B-13.72B-18.46B-28.36B
Financing Cash Flow --2.11B-5.04B-4.17B-2.05B
Capital Expenditure -----
Free Cash Flow -16.63B20.42B26.49B32.10B
Net Change in Cash --3.88B1.66B3.86B1.69B

Ratios (Annual)

Figures in %.

Metric Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -----
Operating Margin % --8.6%-113.8%-120.3%16.3%
Net Margin % --8.7%-77.6%-77.3%10.9%
ROE % --4.5%11.6%10.9%11.3%
ROCE % -----

Shareholding Pattern

Insiders
0.02%
Institutions
54.50%
Public Float
54.51%

Top Institutional Holders

#Holder% HeldSharesValue
1 Royal Bank of Canada 6.51% 108.02M $4.79B
2 Bank of Montreal /CAN/ 3.42% 56.77M $2.52B
3 Vanguard Capital Management LLC 2.92% 48.45M $2.15B
4 TD Asset Management, Inc 1.89% 31.32M $1.39B
5 Mackenzie Financial Corporation 1.78% 29.51M $1.31B
6 National Bank of Canada/FI/ 1.60% 26.55M $1.18B
7 1832 Asset Management L.P. 1.55% 25.78M $1.14B
8 Geode Capital Management, LLC 1.18% 19.58M $868.96M
9 CIBC Asset Management Inc. 1.06% 17.58M $780.05M
10 TD Waterhouse Canada Inc. 1.01% 16.76M $743.70M

Analyst View

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Latest News

Recent headlines for MFC

Google News ue, 08 Sep 2026

(MFC) Technical Pivots with Risk Controls (MFC:CA) - Stock Traders Daily

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Google News Fri, 04 Sep 2026

Manulife (MFC) Up 0% Since Last Earnings Report: Can It Continue? - finance.yahoo.com

<a href="https://news.google.com/rss/articles/CBMilAFBVV95cUxPNjFoZ0dkWlZkeWxMeWE0elY1cWJFYThlejFyQkJtYjJabW5VQ2pNd2R4UnFDSXRhODhiVDRhT2g3bW9EQjU5eUZsNnUtNTBST3FQZDl2eXNqbGFZYXNRTlRqLVp4TFJjM2tqaWEwMDFNWXhkcW1BeU5sSDI4M0hTVWx4VUpobUNRQlVvcC…

Google News Fri, 04 Sep 2026

Manulife Financial (TSE:MFC) Stock Price Passes Above Two Hundred Day Moving Average - Here's Why - marketbeat.com

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Google News Fri, 04 Sep 2026

Manulife Financial Corp. stock outperforms market despite losses on the day - MarketWatch

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Google News Wed, 02 Sep 2026

Manulife Financial (NYSE: MFC) prices $750M subordinated notes - Stock Titan

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Google News hu, 03 Sep 2026

Manulife Financial Corp (MFC) Shares Surge 3.0% -- What GF Score of 67 Tells Investors - gurufocus.com

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MFC — Frequently Asked Questions

What is the current share price of Manulife Financial Corporation (MFC)?

As of 2026-09-19 21:16 PDT, Manulife Financial Corporation (MFC) trades at $43.38 on NYSE. Its 52-week range is $29.24 to $44.59.

What is the market capitalisation of MFC?

Manulife Financial Corporation (MFC) has a market capitalisation of $71.87B on NYSE.

What is the P/E ratio of MFC?

MFC trades at a trailing price-to-earnings (P/E) ratio of 16.37. The industry average P/E is 12.89. Its price-to-book (P/B) ratio is 2.02.

Does MFC pay a dividend?

Manulife Financial Corporation (MFC) currently offers a dividend yield of 3.10%.

What is the return on equity (ROE) of MFC?

MFC has a return on equity (ROE) of 13.31%.

Is MFC a good stock to buy?

This page provides a data-driven analysis of Manulife Financial Corporation (MFC), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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