Manulife Financial Corporation (MFC)

Manulife Financial Income Statement

Financials in millions CAD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2001
Revenue	33,676	22,935	61,821	78,908	79,570	38,972	58,323	53,337	34,430	54,388	Upgrade
Revenue Growth (YoY)	46.83%	-62.90%	-21.65%	-0.83%	104.17%	-33.18%	9.35%	54.91%	-36.70%	191.80%	Upgrade
Cost of Revenue	19,995	19,958	35,822	55,235	55,915	15,934	39,301	34,134	17,341	38,365	Upgrade
Gross Profit	13,681	2,977	25,999	23,673	23,655	23,038	19,022	19,203	17,089	16,023	Upgrade
Selling, General & Admin	5,675	5,064	7,828	7,510	7,686	7,957	7,233	6,995	6,221	4,772	Upgrade
Other Operating Expenses	0	0	9,035	8,211	8,430	8,287	8,149	7,866	7,149	5,856	Upgrade
Operating Expenses	5,675	5,064	16,863	15,721	16,116	16,244	15,382	14,861	13,370	10,628	Upgrade
Operating Income	8,006	-2,087	9,136	7,952	7,539	6,794	3,640	4,342	3,719	5,395	Upgrade
Interest Expense / Income	1,554	1,051	1,011	1,181	1,319	1,275	1,139	1,013	1,101	1,131	Upgrade
Other Expense / Income	504	-46	-193	-295	-100	87	158	204	99	92	Upgrade
Pretax Income	5,948	-3,092	8,318	7,066	6,320	5,432	2,343	3,125	2,519	4,172	Upgrade
Income Tax	845	-1,159	1,213	1,195	718	632	239	196	328	671	Upgrade
Net Income	5,103	-1,933	7,105	5,871	5,602	4,800	2,104	2,929	2,191	3,501	Upgrade
Preferred Dividends	303	260	215	171	172	168	159	133	116	126	Upgrade
Net Income Common	4,800	-2,193	6,890	5,700	5,430	4,632	1,945	2,796	2,075	3,375	Upgrade
Net Income Growth	-	-	20.88%	4.97%	17.23%	138.15%	-30.44%	34.75%	-38.52%	12.54%	Upgrade
Shares Outstanding (Basic)	1,812	1,884	1,942	1,949	1,971	1,982	1,975	1,972	1,864	1,848	Upgrade
Shares Change	-3.78%	-3.01%	-0.35%	-1.13%	-0.55%	0.32%	0.18%	5.78%	0.86%	1.12%	Upgrade
EPS (Basic)	2.62	-1.15	3.55	2.94	2.77	2.34	0.98	1.42	1.06	1.82	Upgrade
EPS (Diluted)	2.61	-1.15	3.54	2.93	2.77	2.33	0.98	1.41	1.05	1.80	Upgrade
EPS Growth	-	-	20.82%	5.78%	18.88%	137.76%	-30.50%	34.29%	-41.67%	11.11%	Upgrade
Free Cash Flow	20,423	16,628	23,155	20,048	20,542	19,188	17,791	17,017	10,374	10,806	Upgrade
Free Cash Flow Per Share	11.27	8.83	11.92	10.29	10.42	9.68	9.01	8.63	5.57	5.85	Upgrade
Dividend Per Share	1.074	1.017	0.936	1.054	0.940	0.706	0.629	0.558	0.524	0.515	Upgrade
Dividend Growth	5.60%	8.65%	-11.20%	12.13%	33.14%	12.24%	12.72%	6.49%	1.75%	1.18%	Upgrade
Gross Margin	40.63%	12.98%	42.06%	30.00%	29.73%	59.11%	32.61%	36.00%	49.63%	29.46%	Upgrade
Operating Margin	23.77%	-9.10%	14.78%	10.08%	9.47%	17.43%	6.24%	8.14%	10.80%	9.92%	Upgrade
Profit Margin	14.25%	-9.56%	11.15%	7.22%	6.82%	11.89%	3.33%	5.24%	6.03%	6.21%	Upgrade
Free Cash Flow Margin	60.65%	72.50%	37.45%	25.41%	25.82%	49.24%	30.50%	31.90%	30.13%	19.87%	Upgrade
Effective Tax Rate	14.21%	-	14.58%	16.91%	11.36%	11.63%	10.20%	6.27%	13.02%	16.08%	Upgrade
EBITDA	8,083	-1,522	9,858	8,903	8,265	7,454	4,042	4,831	4,200	5,765	Upgrade
EBITDA Margin	24.00%	-6.64%	15.95%	11.28%	10.39%	19.13%	6.93%	9.06%	12.20%	10.60%	Upgrade
Depreciation & Amortization	581	519	529	656	626	747	560	693	580	462	Upgrade
EBIT	7,502	-2,041	9,329	8,247	7,639	6,707	3,482	4,138	3,620	5,303	Upgrade
EBIT Margin	22.28%	-8.90%	15.09%	10.45%	9.60%	17.21%	5.97%	7.76%	10.51%	9.75%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).