Manulife Financial (MFC) financial statements

Financial Services · Insurance - Life · Market cap $67.2B

Manulife Financial reported revenue of 8.1B CAD in fiscal 2025, down 18.9% a year over 9 years.

Net income was 5.6B CAD.

The diluted share count fell 14% over the period (buybacks).

Revenue and free cash flow

Fiscal years, $ billions (CAD).

0204060802016201720182019202020212022202320242025RevenueFree cash flow
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Income statement

Fiscal years, in CAD, from Manulife Financial's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Revenue53.3B CAD58.3B CAD39.0B CAD79.6B CAD78.9B CAD61.8B CAD6.2B CAD6.7B CAD7.6B CAD8.1B CAD
Selling, general and admin7.0B CAD7.2B CAD8.0B CAD7.7B CAD7.5B CAD7.8B CAD3.7B CAD4.3B CAD4.9B CAD4.9B CAD
Interest expense1.0B CAD1.1B CAD1.3B CAD1.3B CAD1.2B CAD1.0B CAD1.1B CAD1.6B CAD1.7B CAD1.5B CAD
Pre-tax income3.3B CAD2.5B CAD5.5B CAD6.2B CAD6.8B CAD8.1B CAD-3.1B CAD6.5B CAD7.1B CAD7.1B CAD
Income tax196M CAD239M CAD632M CAD718M CAD1.2B CAD1.2B CAD-1.2B CAD845M CAD1.2B CAD1.0B CAD
Net income2.9B CAD2.1B CAD4.8B CAD5.6B CAD5.9B CAD7.1B CAD-1.9B CAD5.1B CAD5.4B CAD5.6B CAD
EPS (diluted)1.41 CAD0.98 CAD2.33 CAD2.77 CAD2.93 CAD3.54 CAD-1.15 CAD2.61 CAD2.84 CAD3.07 CAD
Diluted shares1.98B1.99B1.99B1.96B1.94B1.95B1.91B1.84B1.78B1.71B
Net margin5.5%3.6%12.3%7.0%7.4%11.5%-31.2%75.6%71.0%68.5%

Balance sheet

Fiscal years, in CAD, from Manulife Financial's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Cash and short-term investments15.2B CAD16.0B CAD16.2B CAD20.3B CAD26.2B CAD22.6B CAD19.2B CAD20.3B CAD25.8B CAD26.7B CAD
Goodwill5.9B CAD5.7B CAD5.9B CAD5.7B CAD5.7B CAD5.7B CAD6.0B CAD5.9B CAD6.3B CAD6.9B CAD
Total assets720.7B CAD729.5B CAD750.3B CAD809.1B CAD880.3B CAD917.6B CAD833.7B CAD875.6B CAD978.8B CAD1.03T CAD
Long-term debt5.7B CAD4.8B CAD4.8B CAD4.5B CAD6.2B CAD4.9B CAD6.2B CAD6.1B CAD6.6B CAD—
Total liabilities677.9B CAD687.4B CAD703.1B CAD759.0B CAD827.3B CAD858.8B CAD785.5B CAD826.8B CAD925.9B CAD972.9B CAD
Shareholders' equity41.8B CAD41.0B CAD46.0B CAD49.1B CAD52.3B CAD58.4B CAD46.9B CAD47.0B CAD51.0B CAD50.1B CAD
Net debt-9.5B CAD-11.2B CAD-11.4B CAD-15.8B CAD-20.0B CAD-17.7B CAD-12.9B CAD-14.3B CAD-19.2B CAD-26.7B CAD

Cash flow

Fiscal years, in CAD, from Manulife Financial's 10-K filings with the SEC.

Fiscal year2016201720182019202020212022202320242025
Operating cash flow17.0B CAD17.8B CAD19.2B CAD20.5B CAD20.0B CAD23.2B CAD16.6B CAD20.4B CAD26.5B CAD32.1B CAD
Stock-based compensation19M CAD15M CAD10M CAD11M CAD14M CAD9M CAD5M CAD2M CAD0 CAD—
Dividends paid1.6B CAD1.8B CAD1.8B CAD1.4B CAD2.3B CAD2.5B CAD2.8B CAD0 CAD3.2B CAD3.3B CAD
Share buybacks (net)——-478M CAD-1.3B CAD-253M CAD—-1.9B CAD-1.6B CAD-3.3B CAD-2.4B CAD
Net borrowing3.7B CAD-607M CAD-400M CAD0 CAD1.8B CAD-1.2B CAD946M CAD—0 CAD1.4B CAD
Dividends per share0.81 CAD0.90 CAD0.90 CAD0.71 CAD1.20 CAD1.28 CAD1.46 CAD—1.77 CAD1.94 CAD
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Questions

What was Manulife Financial's revenue in 2025?

8.1B CAD in fiscal 2025, from its 10-K filing.

From Manulife Financial's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.