Manulife Financial Corporation (MFC)
NYSE: MFC · Real-Time Price · USD
44.55
+0.63 (1.43%)
At close: Jul 30, 2026, 4:00 PM EDT
44.02
-0.53 (-1.19%)
Pre-market: Jul 31, 2026, 8:45 AM EDT
Manulife Financial Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 Premiums Earned | 29,217 | 28,888 | 26,592 | 23,972 | 23,118 | 39,065 |
Investment Income | 19,316 | 19,014 | 18,249 | 16,180 | 15,204 | 15,627 |
Net Gains on Investments | 5,883 | 6,275 | 2,210 | 3,138 | -13,646 | -4,003 |
Total Other Revenues | 8,073 | 8,129 | 7,588 | 6,746 | 6,186 | 11,132 |
| 62,489 | 62,306 | 54,639 | 50,036 | 30,862 | 61,821 | |
Revenue Growth | 16.07% | 14.03% | 9.20% | 62.13% | -50.08% | -21.65% |
Insurance Benefits & Claims | 24,570 | 24,362 | 22,591 | 19,995 | 19,958 | 35,822 |
Policy Amortization Costs | 1,559 | 1,539 | 1,480 | 1,345 | 1,333 | 6,638 |
Investment Expense | 1,319 | 1,342 | 1,348 | 1,297 | 1,221 | 1,980 |
Other Operating Expenses | 4,950 | 4,901 | 4,859 | 4,330 | 3,731 | 8,245 |
Operating Income | 30,091 | 30,162 | 24,361 | 23,069 | 4,619 | 9,136 |
Interest Expense | -1,540 | -1,530 | -1,681 | -1,554 | -1,051 | -1,011 |
Other Non-Operating Income (Expense) | -20,690 | -21,538 | -15,590 | -15,063 | -6,706 | - |
Total Non-Operating Income (Expense) | -22,230 | -23,068 | -17,271 | -16,617 | -7,757 | -1,011 |
Pretax Income | 7,861 | 7,094 | 7,090 | 6,452 | -3,138 | 8,125 |
Provision for Income Taxes | 1,188 | 1,034 | 1,212 | 845 | -1,159 | 1,213 |
Net Income | 6,673 | 6,060 | 5,878 | 5,607 | -1,979 | 6,912 |
Minority Interest in Earnings | 439 | 488 | 493 | 504 | -46 | -193 |
Net Income Attributable to Preferred Dividends | 322 | 321 | 311 | 303 | 260 | 215 |
Net Income to Common | 5,912 | 5,251 | 5,074 | 4,800 | -2,193 | 6,890 |
Net Income Growth | 26.03% | 3.49% | 5.71% | - | - | 20.88% |
Shares Outstanding (Basic) | 1,672 | 1,703 | 1,779 | 1,834 | 1,910 | 1,942 |
Shares Outstanding (Diluted) | 1,672 | 1,708 | 1,785 | 1,838 | 1,913 | 1,946 |
Shares Change | -5.27% | -4.31% | -2.88% | -3.92% | -1.70% | 0.15% |
EPS (Basic) | 3.54 | 3.08 | 2.85 | 2.62 | -1.15 | 3.55 |
EPS (Diluted) | 3.54 | 3.07 | 2.84 | 2.61 | -1.15 | 3.54 |
EPS Growth | 32.93% | 8.10% | 8.81% | - | - | 20.82% |
Free Cash Flow | 28,771 | 32,105 | 26,494 | 20,423 | 16,628 | 23,155 |
Free Cash Flow Growth | -0.06% | 21.18% | 29.73% | 22.82% | -28.19% | 15.50% |
Free Cash Flow Per Share | 17.21 | 18.80 | 14.84 | 11.11 | 8.69 | 11.90 |
Dividends Per Share | 1.805 | 1.760 | 1.600 | 1.460 | 1.320 | 1.120 |
Dividend Growth | 10.06% | 10.00% | 9.59% | 10.61% | 17.86% | 0% |
Operating Margin | 48.15% | 48.41% | 44.59% | 46.10% | 14.97% | 14.78% |
Profit Margin | 10.68% | 9.73% | 10.76% | 11.21% | -6.41% | 11.18% |
FCF Margin | 46.04% | 51.53% | 48.49% | 40.82% | 53.88% | 37.45% |
EBITDA | 30,091 | 30,162 | 24,361 | 23,069 | 4,619 | 9,136 |
EBIT | 30,091 | 30,162 | 24,361 | 23,069 | 4,619 | 9,136 |
EBIT Margin | 48.15% | 48.41% | 44.59% | 46.10% | 14.97% | 14.78% |
Effective Tax Rate | 15.11% | 14.58% | 17.09% | 13.10% | 36.93% | 14.93% |