
Manulife Financial (MFC) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income Metrics
Revenue
11.7B
Net Income
623.0M
5.33%
EPS (Diluted)
$0.25
Balance Sheet Metrics
Total Assets
981.4B
Total Liabilities
928.3B
Shareholders Equity
53.2B
Debt to Equity
17.46
Cash Flow Metrics
Operating Cash Flow
1.7B
Free Cash Flow
6.7B
Revenue & Profitability Trend
Manulife Financial Income Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 45.6B | 42.3B | 23.6B | 59.8B | 77.1B |
Cost of Goods Sold | - | - | - | - | - |
Gross Profit | - | - | - | - | - |
Gross Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Operating Expenses | |||||
Research & Development | - | - | - | - | - |
Selling, General & Administrative | 4.9B | 4.3B | 3.7B | 7.8B | 7.5B |
Other Operating Expenses | - | - | 444.0M | 417.0M | 381.0M |
Total Operating Expenses | 4.9B | 4.3B | 4.2B | 8.2B | 7.9B |
Operating Income | - | - | - | - | - |
Operating Margin % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Non-Operating Items | |||||
Interest Income | - | - | - | - | - |
Interest Expense | 1.7B | 1.6B | 1.1B | 1.0B | 1.2B |
Other Non-Operating Income | 295.0M | 129.0M | -261.0M | 2.4B | 2.9B |
Pre-tax Income | 7.1B | 6.5B | -3.1B | 8.1B | 6.8B |
Income Tax | 1.2B | 845.0M | -1.2B | 1.2B | 1.2B |
Effective Tax Rate % | 17.1% | 13.1% | 0.0% | 14.9% | 17.6% |
Net Income | 5.9B | 5.6B | -2.0B | 6.9B | 5.6B |
Net Margin % | 12.9% | 13.3% | -8.4% | 11.6% | 7.2% |
Key Metrics | |||||
EBITDA | - | - | - | - | - |
EPS (Basic) | $2.85 | $2.62 | $3.68 | $3.55 | $2.94 |
EPS (Diluted) | $2.84 | $2.61 | $3.68 | $3.54 | $2.93 |
Basic Shares Outstanding | 1779000000 | 2605930600 | 2775230000 | 2821726000 | 2820273000 |
Diluted Shares Outstanding | 1779000000 | 2605930600 | 2775230000 | 2821726000 | 2820273000 |
Income Statement Trend
Manulife Financial Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 25.8B | 20.3B | 19.2B | 22.6B | 26.2B |
Short-term Investments | - | - | - | - | - |
Accounts Receivable | - | - | 1.4B | 1.3B | 1.4B |
Inventory | - | - | - | - | - |
Other Current Assets | - | - | - | - | - |
Total Current Assets | - | - | - | - | - |
Non-Current Assets | |||||
Property, Plant & Equipment | - | - | - | - | - |
Goodwill | 17.3B | 16.2B | 16.5B | 15.6B | 15.6B |
Intangible Assets | 4.8B | 4.4B | 4.5B | 4.3B | 4.2B |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | - | - | - | - | - |
Total Non-Current Assets | - | - | - | - | - |
Total Assets | 978.8B | - | - | - | - |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | - | - | - | - | - |
Short-term Debt | 0 | 594.0M | 615.0M | - | - |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | - | - | - | - | - |
Total Current Liabilities | - | - | - | - | - |
Non-Current Liabilities | |||||
Long-term Debt | 14.2B | 12.1B | 11.7B | 11.9B | 14.0B |
Deferred Tax Liabilities | 1.9B | 1.7B | 1.5B | 1.7B | 2.6B |
Other Non-Current Liabilities | - | - | - | - | - |
Total Non-Current Liabilities | - | - | - | - | - |
Total Liabilities | 925.9B | - | - | - | - |
Equity | |||||
Common Stock | 20.7B | 21.5B | 22.2B | 23.1B | 23.0B |
Retained Earnings | 4.8B | 4.8B | 3.9B | 9.7B | 18.9B |
Treasury Stock | - | - | - | - | - |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | 53.0B | 48.7B | 48.2B | 46.9B | 53.0B |
Key Metrics | |||||
Total Debt | 14.2B | 12.7B | 12.4B | 11.9B | 14.0B |
Working Capital | 0 | 0 | 0 | 0 | 0 |
Balance Sheet Composition
Manulife Financial Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 5.9B | 5.6B | -2.0B | 6.9B | 5.6B |
Depreciation & Amortization | - | - | - | - | - |
Stock-Based Compensation | 0 | 2.0M | 5.0M | 9.0M | 14.0M |
Working Capital Changes | 13.6B | 6.6B | 5.0B | -690.0M | 1.1B |
Operating Cash Flow | 19.8B | 12.7B | -1.5B | 6.1B | 7.0B |
Investing Activities | |||||
Capital Expenditures | - | - | - | - | - |
Acquisitions | -297.0M | -1.0M | -182.0M | -19.0M | 0 |
Investment Purchases | - | - | - | - | - |
Investment Sales | - | - | - | - | - |
Investing Cash Flow | 112.7B | 70.3B | 93.2B | 96.5B | 97.8B |
Financing Activities | |||||
Share Repurchases | -3.3B | -1.6B | -2.6B | -612.0M | -253.0M |
Dividends Paid | -3.2B | -3.0B | -2.8B | -2.5B | -2.3B |
Debt Issuance | 3.3B | 1.7B | 1.4B | 26.0M | 5.8B |
Debt Repayment | -2.0B | -698.0M | -1.1B | -2.2B | -2.0B |
Financing Cash Flow | -4.6B | -4.3B | -2.5B | -2.2B | 639.0M |
Free Cash Flow | 26.5B | 20.4B | 16.6B | 23.2B | 20.0B |
Net Change in Cash | 127.9B | 78.7B | 89.2B | 100.4B | 105.4B |
Cash Flow Trend
Manulife Financial Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
13.32
Forward P/E
10.16
Price to Book
1.08
Price to Sales
1.63
PEG Ratio
10.16
Profitability Ratios
Profit Margin
19.36%
Operating Margin
25.91%
Return on Equity
12.39%
Return on Assets
0.60%
Financial Health
Current Ratio
33.03
Debt to Equity
45.07
Beta
1.08
Per Share Data
EPS (TTM)
$2.25
Book Value per Share
$27.81
Revenue per Share
$17.98
Peer Financial Comparison
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
mfc | 50.9B | 13.32 | 1.08 | 12.39% | 19.36% | 45.07 |
Aflac | 55.4B | 23.32 | 2.04 | 9.15% | 15.32% | 55.06 |
MetLife | 50.9B | 12.85 | 1.84 | 15.51% | 5.87% | 134.25 |
Prudential | 36.4B | 22.80 | 1.19 | 5.80% | 2.76% | 149.73 |
Unum | 11.7B | 8.22 | 1.04 | 13.95% | 11.77% | 35.58 |
Globe Life | 11.4B | 11.25 | 2.10 | 20.02% | 18.11% | 58.82 |
Financial data is updated regularly. All figures are in the company's reporting currency.