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MARKETS / NYSE / MFC
NYSE · LIFE INSURANCE

Manulife Financial Corp. MFC

10 fiscal years on record · CAD · FY2025 reported · SEC filings only
9 YEARS OF DIVIDEND GROWTH
CAD 8.1B
▲ 7.1% YoY
CAD 5.6B
▲ 3.5% YoY
In brief

What this company does

The Company has a multi-channel distribution network across its four operating segments, Asia, Canada, U.S., and Global Wealth and Asset Management, with different emphasis depending on the product line and geography. It has insurance operations in 12 markets across Asia. It operates under the brand of John Hancock, with more than 160 years of history in the U.S. Its Global Wealth and Asset Management segment operates across 20 geographies, including 10 in Asia, distributing investment solutions to individual and institutional investors through three business lines.

Written from the business description in MANULIFE FINANCIAL CORPORATION's annual report to the U.S. Securities and Exchange Commission, filed 11 February 2026. Every sentence was checked against that document before publication.

Growth
CAD 8.1B
Revenue, FY2025 · full 10-year series below
Revenue CAD B Net income CAD B
FY2025 · Revenue 8.1 · Net income 5.6
40B2016201720182019202020212022202320242025
Compound annual growth
+9.5%
−36.5%
−1.0%
+0.9%
+10.1%
+9.5%
+8.9%
+57.2%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at −36.5% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
75 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Net 74.5%
50%-10%-20%-30%2016201720182019202020212022202320242025
ROE
FY2025 · ROE 11.0%
5%10%-2%-4%2016201720182019202020212022202320242025

Each CAD of equity produced 11 cents of profit this year.

Cash & shareholders
CAD 2.4B
returned in FY2025 · dividends + net buybacks
Net buybacks CAD B Dividends CAD B
FY2025 · Dividends — · Net buybacks 2.4
2B2018201920202022202320242025

CAD 2.4B in buybacks — 44% of the year's profit went back to shareholders.

Total assetsCAD 1.03T
EquityCAD 50.1B
CashCAD 26.7B
Gross debtCAD 7.7B
Net debtCAD -19.0B
DepositsCAD 24.7B

The company holds more cash than debt.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · CAD
row low → row highnegative
Metric 2025202420232022202120202019201820172016
Revenue CAD B8.17.66.76.261.878.979.639.058.353.3
Operating income CAD B··········
EBITDA CAD B··········
Income tax CAD B1.01.20.8−1.21.21.20.70.60.20.2
Net income CAD B5.65.45.1−1.97.15.95.64.82.12.9
EPS, diluted CAD 3.072.842.61−1.153.542.932.772.330.981.41
Dividend / sh CAD 1.761.601.461.321.171.121.000.910.820.74
Payout %··0·······
ROE %11.011.010.9−4.214.511.611.811.05.17.0

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures · 4 divergences in 30 reconciliationsAUDITED

Reconciled in 6 of 19 fiscal years. 4 of those reconciliations are divergences — the figures exist but don't fit the formula this check expects; that isn't the same as an error. 27 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures4 divergent
ActivityLife Insurance
Listed onNYSE
Incorporated innot stated in the filings
Fiscal year endsDecember 31
Data on record since2016

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