MARKETS / COMPARE / MFC VS SLF

MFC vs SLF

Manulife Financial Corporation and SUN Life Financial Inc., side by side — 10 fiscal years reported in CAD, drawn from SEC filings.

At a glance

Most recent reported year

Metric MFC SLF
RevenueCAD 8.1BCAD 41.9B
Net incomeCAD 5.6BCAD 3.6B
Gross margin
Net margin68.5%8.5%
Return on equity11.0%14.2%
Diluted EPSCAD 3.07CAD 6.15
Dividend / shareCAD 1.76CAD 3.52
Payout ratio0.0%58.1%
Free cash flowCAD 2.7B
EquityCAD 50.1BCAD 24.5B
Net debt / equity−0.38×−0.06×
Current ratio
Revenue CAGR 5y−36.5%−0.7%
Profit CAGR 5y−1.0%7.3%

SLF bills 5.2× the revenue of MFC, and MFC keeps more of each dollar of revenue as profit (68.5% against 8.5%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.

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Revenue by year

10 years side by side

Fiscal year MFC SLF
FY2025CAD 8.1BCAD 41.9B
FY2024CAD 7.6BCAD 38.8B
FY2023CAD 6.7BCAD 40.9B
FY2022CAD 6.2BCAD 5.8B
FY2021CAD 61.8BCAD 35.7B
FY2020CAD 78.9BCAD 43.3B
FY2019CAD 79.6BCAD 39.7B
FY2018CAD 39.0BCAD 27.0B
FY2017CAD 58.3BCAD 29.3B
FY2016CAD 53.3BCAD 28.6B
Net income by year

Bottom line

Fiscal year MFC SLF
FY2025CAD 5.6BCAD 3.6B
FY2024CAD 5.4BCAD 3.1B
FY2023CAD 5.1BCAD 3.2B
FY2022CAD -1.9BCAD 2.9B
FY2021CAD 7.1BCAD 4.0B
FY2020CAD 5.9BCAD 2.5B
FY2019CAD 5.6BCAD 2.7B
FY2018CAD 4.8BCAD 2.6B
FY2017CAD 2.1BCAD 2.2B
FY2016CAD 2.9BCAD 2.6B
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