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M

Manulife Financial MFC.TO · CAD

Financials · Toronto Stock Exchange · 🇨🇦 Canada

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62.49

+2.44%

Close of 9 Nov 2026, in CAD

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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in CAD, from our data supplier.

FY2025

Net income

C$5.78bn

FY2016FY2025

Total assets

C$1.03trn

FY2016FY2025

Shareholders' equity

C$50.96bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating incomeC$8.62bnC$8.77bnC$11.00bn−C$1.79bnC$9.58bnC$9.70bnC$8.32bnC$8.06bnC$4.56bnC$5.46bn
Net incomeC$5.78bnC$5.63bnC$5.46bn−C$2.10bnC$6.66bnC$5.33bnC$5.27bnC$4.67bnC$2.07bnC$2.99bn
Diluted earnings per share3.423.203.00-1.103.422.742.712.351.041.51

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsC$1.03trnC$978.82bnC$875.57bnC$848.94bnC$917.64bnC$880.35bnC$809.13bnC$750.27bnC$729.53bnC$720.68bn
Cash and short-term investmentsC$36.33bnC$25.79bnC$20.34bnC$19.15bnC$22.59bnC$26.17bnC$20.30bnC$16.21bnC$15.96bnC$15.15bn
Total liabilitiesC$972.95bnC$925.86bnC$826.85bnC$792.56bnC$858.77bnC$827.34bnC$13.63bnC$703.12bnC$687.37bnC$677.86bn
DebtC$14.68bnC$14.16bnC$12.74bnC$12.36bnC$11.86bnC$13.99bnC$12.07bnC$13.50bnC$13.17bnC$12.88bn
Shareholders' equityC$50.96bnC$51.54bnC$47.30bnC$46.80bnC$58.41bnC$51.55bnC$48.90bnC$46.06bnC$41.23bnC$42.08bn
Shares outstanding1,689m1,757m1,824m1,909m1,944m1,944m1,947m1,988m1,986m1,977m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Operating incomeC$3.16bnC$1.90bnC$2.31bnC$2.62bnC$2.62bnC$1.08bnC$2.53bnC$2.75bn
Net incomeC$2.18bnC$1.19bnC$1.56bnC$1.79bnC$1.87bnC$557.0mC$1.69bnC$1.94bn
Diluted earnings per share1.310.710.921.061.110.330.961.10
Total assetsC$1.09trnC$1.03trnC$1.03trnC$1.03trnC$977.47bnC$981.42bnC$978.82bnC$952.63bn
Cash and short-term investmentsC$37.92bnC$14.53bnC$36.33bnC$25.83bnC$23.77bnC$25.36bnC$25.79bnC$22.88bn
DebtC$14.13bnC$13.07bnC$16.42bnC$13.43bnC$13.28bnC$14.18bnC$14.16bnC$13.22bn
Shareholders' equityC$53.26bnC$51.50bnC$50.96bnC$51.44bnC$49.85bnC$51.77bnC$51.54bnC$50.08bn

Financial ratios

Data as of 12 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Operating margin16.3%19.2%26.0%-7.6%16.0%12.6%
Net margin10.9%12.4%12.9%-8.9%11.1%6.9%
Return on equity11.3%10.9%11.6%-4.5%11.4%10.3%
Return on assets0.6%0.6%0.6%-0.2%0.7%0.6%
Revenue growth16.3%7.7%79.1%-60.5%-22.4%-0.9%
Earnings growth2.7%3.1%-360.1%-131.5%25.0%1.1%
Current ratio2.12x196.35x38.99x0.06x1.35x1.32x
Debt to equity0.32x0.27x0.27x0.28x0.20x0.27x
Equity ratio5.0%5.3%5.4%5.5%6.4%5.9%
Interest coverage5.64x5.22x7.08x-1.70x9.47x8.21x
Buybacks as a share of market value3.9%3.7%4.4%1.8%0.0%0.2%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue30.9%-7.2%4.9%
Operating income—-2.3%12.7%
Net income—1.7%10.0%

Average margins

Over each period

1 year3 years5 years10 years
Operating margin17.6%16.2%15.2%13.4%
Net margin11.6%9.0%8.9%7.9%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings14.613.89.8-21.97.08.39.78.225.215.8
Price to sales1.61.71.31.90.80.60.71.00.90.9

Dividends and splits

Per share, in the currency the company pays

Paid for 26 years. Last went ex-dividend on 21 Aug 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year1.4551.761.601.461.320.891.121.00
  • 2-for-1 split · 23 May 2006

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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