Manulife Financial Ratios and Metrics

Market cap in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 25, 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
Market Capitalization	82,228	83,591	76,341	52,881	45,278	46,837
Market Cap Growth	10.82%	9.50%	44.36%	16.79%	-3.33%	6.58%
Enterprise Value	84,931	84,421	79,460	62,509	53,650	50,677
PE Ratio	15.97	15.92	15.05	11.02	-	6.80
PS Ratio	2.65	2.70	2.55	1.94	2.68	0.78
PB Ratio	1.57	1.59	1.44	1.09	0.94	0.80
P/OCF Ratio	2.56	2.60	2.88	2.59	2.72	2.02
EV/Sales Ratio	2.74	2.73	2.65	2.29	3.17	0.85
EV/EBITDA Ratio	9.14	9.09	8.34	7.42	-	5.24
EV/EBIT Ratio	9.80	9.74	8.91	7.76	-	5.46
Debt / Equity Ratio	0.48	0.48	0.47	0.45	0.51	0.33
Debt / EBITDA Ratio	2.73	2.73	2.63	2.60	-	2.04
Net Debt / Equity Ratio	-0.02	-0.02	-0.01	0.03	0.11	-0.05
Net Debt / EBITDA Ratio	-0.14	-0.14	-0.07	0.19	-2.94	-0.30
Quick Ratio	1.55	1.55	10.28	7.57	10.39	110.70
Current Ratio	4.74	4.74	31.22	20.86	30.18	250.06
Asset Turnover	0.03	0.03	0.03	0.03	0.02	0.07
Return on Equity (ROE)	11.49%	11.49%	11.56%	11.57%	-3.70%	12.36%
Return on Assets (ROA)	0.54%	0.54%	0.60%	0.59%	-0.15%	0.65%
Return on Invested Capital (ROIC)	9.65%	9.50%	9.95%	9.78%	-2.73%	9.99%
Earnings Yield	6.39%	6.92%	7.38%	10.33%	-4.64%	14.21%
Dividend Yield	3.96%	3.53%	3.77%	5.42%	6.29%	5.65%
Payout Ratio	57.16%	57.16%	56.10%	54.40%	-	37.36%
Buyback Yield / Dilution	4.31%	4.31%	2.88%	3.92%	1.70%	-0.15%
Total Shareholder Return	8.25%	7.85%	6.65%	9.34%	7.98%	5.49%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Insurance template. Financial Sources.