Manulife Financial Corporation (TSX:MFC)
Canada · Delayed Price · Currency is CAD 59.71
+0.37 (0.62%)
Aug 25, 2026, 4:00 PM EST
Manulife Financial Cash Flow Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 6,725 | 5,782 | 5,631 | 5,463 | -1,979 | 6,657 |
Depreciation & Amortization | 630 | 623 | 612 | 364 | 284 | 381 |
Other Amortization | 254 | 254 | 257 | 217 | 235 | 148 |
Gain (Loss) on Sale of Assets | -8,242 | -6,120 | -860 | -2,845 | 13,660 | 4,824 |
Gain (Loss) on Sale of Investments | -354 | -344 | -290 | -141 | -226 | 181 |
Stock-Based Compensation | - | - | - | 2 | 5 | 9 |
Change in Accounts Receivable | 15,623 | 16,941 | 13,565 | 6,641 | 4,958 | -690 |
Reinsurance Recoverable | - | - | - | - | -1,377 | - |
Other Operating Activities | 16,316 | 14,969 | 7,579 | 10,722 | 1,068 | 11,645 |
Operating Cash Flow | 30,952 | 32,105 | 26,494 | 20,423 | 16,628 | 23,155 |
Operating Cash Flow Growth | 8.94% | 21.18% | 29.73% | 22.82% | -28.19% | 15.50% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Acquisitions | -1,354 | -1,277 | -297 | -1 | -182 | -19 |
Other Investing Activities | -258 | -210 | 290 | 21 | -67 | -186 |
Investing Cash Flow | -27,079 | -28,365 | -18,459 | -13,720 | -18,400 | -24,442 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 2,558 | 3,718 | 1,731 | 1,729 | 212 |
Total Debt Repaid | -1,386 | -1,581 | -2,004 | -1,391 | -1,120 | -2,192 |
Net Debt Issued (Repaid) | 2,734 | 977 | 1,714 | 340 | 609 | -1,980 |
Issuance of Common Stock | 126 | 73 | 144 | 94 | 23 | 51 |
Repurchases of Common Stock | -2,241 | -2,431 | -3,272 | -1,595 | -1,884 | - |
Issuance of Preferred Stock | - | - | - | - | 990 | 3,171 |
Repurchases of Preferred Stock | - | - | - | - | -725 | -625 |
Common Dividends Paid | -3,098 | -2,984 | -2,848 | -2,669 | -2,513 | -2,272 |
Preferred Dividends Paid | -322 | -321 | -311 | -303 | -260 | -215 |
Total Dividends Paid | -3,420 | -3,305 | -3,159 | -2,972 | -2,773 | -2,487 |
Other Financing Activities | 1,912 | 2,637 | 399 | -909 | 1,652 | -177 |
Financing Cash Flow | -889 | -2,049 | -4,174 | -5,042 | -2,108 | -2,047 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 744 | -816 | 1,197 | -412 | 585 | -319 |
Net Cash Flow | 3,728 | 875 | 5,058 | 1,249 | -3,295 | -3,653 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Levered Free Cash Flow | 1,545 | 20,797 | -10,927 | 9,171 | 8,771 | - |
Unlevered Free Cash Flow | 2,526 | 21,753 | -9,876 | 10,143 | 9,428 | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,494 | 1,515 | 1,574 | 1,548 | 955 | 981 |
Cash Income Tax Paid | 961 | 756 | 755 | 436 | 1,238 | 571 |
Change in Working Capital | 15,623 | 16,941 | 13,565 | 6,641 | 3,581 | -690 |