Manulife Financial Corporation (TSX:MFC)

Manulife Financial Statistics

Total Valuation

TSX:MFC has a market cap or net worth of CAD 82.40 billion. The enterprise value is 83.23 billion.

Market Cap	82.40B
Enterprise Value	83.23B

Important Dates

The last earnings date was Wednesday, November 12, 2025.

Earnings Date	Nov 12, 2025
Ex-Dividend Date	Nov 26, 2025

Share Statistics

TSX:MFC has 1.68 billion shares outstanding. The number of shares has decreased by -4.30% in one year.

Current Share Class	1.68B
Shares Outstanding	1.68B
Shares Change (YoY)	-4.30%
Shares Change (QoQ)	-0.82%
Owned by Insiders (%)	0.06%
Owned by Institutions (%)	54.36%
Float	1.68B

Valuation Ratios

The trailing PE ratio is 15.64 and the forward PE ratio is 11.06.

PE Ratio	15.64
Forward PE	11.06
PS Ratio	2.58
PB Ratio	1.55
P/TBV Ratio	2.17
P/FCF Ratio	n/a
P/OCF Ratio	2.69
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	15.44
EV / Sales	2.61
EV / EBITDA	8.53
EV / EBIT	9.31
EV / FCF	n/a

Financial Position

The company has a current ratio of 32.24, with a Debt / Equity ratio of 0.43.

Current Ratio	32.24
Quick Ratio	9.97
Debt / Equity	0.43
Debt / EBITDA	2.32
Debt / FCF	n/a
Interest Coverage	5.78

Financial Efficiency

Return on equity (ROE) is 11.80% and return on invested capital (ROIC) is 7.49%.

Return on Equity (ROE)	11.80%
Return on Assets (ROA)	0.56%
Return on Invested Capital (ROIC)	7.49%
Return on Capital Employed (ROCE)	0.87%
Revenue Per Employee	862,541
Profits Per Employee	145,730
Employee Count	37,000
Asset Turnover	0.03
Inventory Turnover	n/a

Taxes

In the past 12 months, TSX:MFC has paid 1.13 billion in taxes.

Income Tax	1.13B
Effective Tax Rate	15.48%

Stock Price Statistics

The stock price has increased by +7.34% in the last 52 weeks. The beta is 0.87, so TSX:MFC's price volatility has been lower than the market average.

Beta (5Y)	0.87
52-Week Price Change	+7.34%
50-Day Moving Average	46.15
200-Day Moving Average	43.55
Relative Strength Index (RSI)	58.80
Average Volume (20 Days)	7,003,203

Short Selling Information

The latest short interest is 49.87 million, so 2.79% of the outstanding shares have been sold short.

Short Interest	49.87M
Short Previous Month	37.03M
Short % of Shares Out	2.79%
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, TSX:MFC had revenue of CAD 31.91 billion and earned 5.39 billion in profits. Earnings per share was 3.13.

Revenue	31.91B
Gross Profit	15.78B
Operating Income	8.94B
Pretax Income	7.30B
Net Income	5.39B
EBITDA	9.75B
EBIT	8.94B
Earnings Per Share (EPS)	3.13

Balance Sheet

The company has 31.25 billion in cash and 22.62 billion in debt, giving a net cash position of 3.22 billion or 1.91 per share.

Cash & Cash Equivalents	31.25B
Total Debt	22.62B
Net Cash	3.22B
Net Cash Per Share	1.91
Equity (Book Value)	52.99B
Book Value Per Share	28.96
Working Capital	98.50B

Cash Flow

Operating Cash Flow	30.63B
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 49.46%, with operating and profit margins of 28.00% and 18.50%.

Gross Margin	49.46%
Operating Margin	28.00%
Pretax Margin	22.88%
Profit Margin	18.50%
EBITDA Margin	30.56%
EBIT Margin	28.00%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 1.76, which amounts to a dividend yield of 3.60%.

Dividend Per Share	1.76
Dividend Yield	3.60%
Dividend Growth (YoY)	10.00%
Years of Dividend Growth	11
Payout Ratio	55.22%
Buyback Yield	4.30%
Shareholder Yield	7.88%
Earnings Yield	6.54%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on May 23, 2006. It was a forward split with a ratio of 2.

Last Split Date	May 23, 2006
Split Type	Forward
Split Ratio	2

Scores

Altman Z-Score	n/a
Piotroski F-Score	4