Manulife Financial Corp - Understand $mfc stock

$MFC Market Cap: $65.31 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$34.62B

TTM

Gross Margin

Net Earnings

$4.273B

TTM

Current Assets

Current Liabilities

$21.75B

Q2 2024

Current Ratio

Total Assets

$915.3B

Q2 2024

Total Liabilities

$865.9B

Q2 2024

Book Value

$49.34B

Q2 2024

Cash

$22.10B

Q2 2024

P/E

15.29

Nov 29, 2024 EST

Free Cash Flow

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Revenue	$33.50B	$11.69B	$55.93B	$71.91B	$77.82B	$37.26B	$58.32B	$53.34B	$32.82B	$54.39B	$17.49B	$28.08B	$50.98B	$37.62B	$40.11B	$33.00B	$35.58B	$34.19B	$32.69B	$26.97B	$16.51B	$16.53B	$16.23B	$14.15B	$14.06B	$10.61B	$10.21B	$9.875B	$8.636B
YoY Change	186.68%	-79.11%	-22.22%	-7.6%	108.84%	-36.11%	9.35%	62.54%	-39.66%	211.06%	-37.72%	-44.93%	35.53%	-6.21%	21.53%	-7.25%	4.06%	4.6%	21.22%	63.38%	-0.16%	1.85%	14.69%	0.68%	32.47%	3.97%	3.35%	14.35%	6.78%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Revenue	$33.50B	$11.69B	$55.93B	$71.91B	$77.82B	$37.26B	$58.32B	$53.34B	$32.82B	$54.39B	$17.49B	$28.08B	$50.98B	$37.62B	$40.11B	$33.00B	$35.58B	$34.19B	$32.69B	$26.97B	$16.51B	$16.53B	$16.23B	$14.15B	$14.06B	$10.61B	$10.21B	$9.875B	$8.636B
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Selling, General & Admin	$4.330B	$9.061B	$9.083B	$8.921B	$9.131B	$9.766B	$9.991B	$9.752B	$7.327B	$7.138B	$5.721B	$5.507B	$6.142B	$5.959B	$6.047B	$6.007B	$5.926B	$5.721B	$5.693B	$4.441B	$2.900B	$3.422B	$3.378B	$3.050B	$2.555B	$1.964B	$1.688B	$1.586B	$1.576B
YoY Change	-52.21%	-0.24%	1.82%	-2.3%	-6.5%	-2.25%	2.45%	33.1%	2.65%	24.77%	3.89%	-10.34%	3.07%	-1.46%	0.67%	1.37%	3.58%	0.49%	28.19%	53.14%	-15.25%	1.3%	10.75%	19.37%	30.09%	16.35%	6.43%	0.63%	3.96%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$581.0M	$538.0M	$529.0M	$656.0M	$626.0M	$747.0M	$560.0M	$693.0M	$580.0M	$462.0M	$426.0M	$390.0M	$345.0M	$316.0M	$304.0M	$253.0M	$281.0M
YoY Change	7.99%	1.7%	-19.36%	4.79%	-16.2%	33.39%	-19.19%	19.48%	25.54%	8.45%	9.23%	13.04%	9.18%	3.95%	20.16%	-9.96%
% of Gross Profit
Operating Expenses	$25.49B	$1.437B	$46.81B	$65.71B	$70.28B	$30.47B	$54.68B	$49.00B	$29.10B	$48.99B	$12.69B	$25.70B	$48.92B	$36.57B	$38.96B	$31.24B	$28.94B	$27.93B	$27.58B	$22.91B	$14.40B	$14.62B	$14.61B	$12.62B	$12.71B	$9.502B	$9.201B	$8.998B	$7.863B
YoY Change	1673.97%	-96.93%	-28.77%	-6.5%	130.66%	-44.28%	11.61%	68.39%	-40.61%	285.98%	-50.61%	-47.47%	33.78%	-6.13%	24.71%	7.93%	3.64%	1.26%	20.36%	59.11%	-1.46%	0.03%	15.78%	-0.7%	33.75%	3.27%	2.26%	14.43%	5.32%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Interest Expense	-$1.554B	-$1.350B	-$1.011B	$1.277B	-$1.319B	-$1.275B	-$1.139B	-$1.013B	-$1.101B	-$1.131B	-$1.045B	-$934.0M	-$1.249B	-$1.044B	-$1.301B	-$1.187B	-$1.032B	-$932.0M	-$788.0M	-$629.0M	-$253.0M	-$243.0M	-$257.0M	-$191.0M	-$179.0M	-$158.0M	-$156.0M	-$161.0M	-$203.0M
YoY Change	15.11%	33.53%	-179.17%	-196.82%	3.45%	11.94%	12.44%	-7.99%	-2.65%	8.23%	11.88%	-25.22%	19.64%	-19.75%	9.6%	15.02%	10.73%	18.27%	25.28%	148.62%	4.12%	-5.45%	34.55%	6.7%	13.29%	1.28%	-3.11%	-20.69%	-16.46%
% of Operating Profit
Other Income/Expense, Net		$1.350B																								$0.00	$176.0M	$0.00	$126.0M
YoY Change																										-100.0%		-100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Pretax Income	$6.452B	$8.747B	$8.125B	$6.771B	$6.220B	$5.519B	$2.501B	$3.329B	$2.618B	$4.264B	$3.747B	$1.243B	$148.0M	-$2.325B	-$152.0M	$577.0M	$5.606B	$5.336B	$4.322B	$3.425B	$1.852B	$1.674B	$1.363B	$1.341B	$1.168B	$951.0M	$1.025B	$716.0M	$696.0M
YoY Change	-26.24%	7.66%	20.0%	8.86%	12.7%	120.67%	-24.87%	27.16%	-38.6%	13.8%	201.45%	739.86%	-106.37%	1429.61%	-126.34%	-89.71%	5.06%	23.46%	26.19%	84.94%	10.63%	22.82%	1.64%	14.81%	22.82%	-7.22%	43.16%	2.87%	83.64%
Income Tax	$845.0M	$1.565B	$1.213B	$1.195B	$718.0M	$952.0M	-$233.0M	$209.0M	$328.0M	$675.0M	$602.0M	-$492.0M	-$97.00M	-$799.0M	-$1.572B	$80.00M	$1.377B	$1.366B	$1.031B	$874.0M	$316.0M	$304.0M	$196.0M	$273.0M	$302.0M	$241.0M	$282.0M	$213.0M	$215.0M
% Of Pretax Income	13.1%	17.89%	14.93%	17.65%	11.54%	17.25%	-9.32%	6.28%	12.53%	15.83%	16.07%	-39.58%	-65.54%			13.86%	24.56%	25.6%	23.85%	25.52%	17.06%	18.16%	14.38%	20.36%	25.86%	25.34%	27.51%	29.75%	30.89%
Net Earnings	$4.800B	$7.034B	$6.657B	$5.326B	$5.269B	$4.673B	$2.068B	$2.990B	$2.221B	$3.522B	$3.118B	$1.707B	$218.0M	-$1.583B	$1.420B	$497.0M	$4.229B	$3.970B	$3.291B	$2.551B	$1.536B	$1.370B	$1.167B	$1.068B	$866.0M	$710.0M	$743.0M	$503.0M	$481.0M
YoY Change	-31.76%	5.66%	24.99%	1.08%	12.75%	125.97%	-30.84%	34.62%	-36.94%	12.96%	82.66%	683.03%	-113.77%	-211.48%	185.71%	-88.25%	6.52%	20.63%	29.01%	66.08%	12.12%	17.4%	9.27%	23.33%	21.97%	-4.44%	47.71%	4.57%	71.17%
Net Earnings / Revenue	14.33%	60.2%	11.9%	7.41%	6.77%	12.54%	3.55%	5.61%	6.77%	6.48%	17.83%	6.08%	0.43%	-4.21%	3.54%	1.51%	11.89%	11.61%	10.07%	9.46%	9.31%	8.29%	7.19%	7.55%	6.16%	6.69%	7.28%	5.09%	5.57%
Basic Earnings Per Share
Diluted Earnings Per Share	$2.61	$3.68	$3.421M	$2.741M	$2.686M	$2.351M	$1.041M	$1.512M	$1.123M	$1.872M	$1.675M	$904.1K	$121.9K	-$896.9K	$870.6K	$328.7K	$2.751M	$2.514M	$2.042M	$1.812M	$1.648M	$1.430M	$1.201M	$1.103M	$864.3K	$708.6K	$741.5K	$502.0K	$480.0K

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997
Cash & Short-Term Investments
YoY Change
Cash & Equivalents	$20.34B	$19.15B	$22.59B	$26.17B	$20.30B	$16.22B	$15.97B	$15.15B	$17.89B	$21.08B	$13.63B	$13.39B	$12.81B	$11.85B	$18.78B	$17.27B	$12.35B	$10.90B	$8.723B	$8.517B	$5.877B	$5.143B	$4.995B	$3.783B	$3.047B	$1.329B	$1.842B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment					$381.0M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$397.0B	$394.8B	$404.5B	$384.8B	$358.2B	$337.4B	$318.3B	$306.7B	$291.4B	$248.2B	$219.1B	$214.5B	$213.7B	$189.4B	$168.7B	$170.2B	$148.9B	$160.4B	$157.7B	$160.6B	$68.59B	$72.42B	$69.76B	$52.83B	$50.12B	$49.06B	$45.95B
YoY Change	0.55%	-2.39%	5.12%	7.42%	6.16%	6.03%	3.76%	5.26%	17.38%	13.31%	2.11%	0.39%	12.85%	12.26%	-0.91%	14.29%	-7.15%	1.73%	-1.83%	134.19%	-5.29%	3.82%	32.05%	5.41%	2.15%	6.78%
Other Assets	$6.739B	$5.423B	$5.254B	$4.842B	$4.574B	$4.318B	$4.569B	$4.439B	$4.067B	$3.329B	$2.763B	$3.177B	$1.757B	$1.373B							$0.00	$132.0M	$517.0M	$515.0M	$529.0M	$772.0M	$841.0M
YoY Change	24.27%	3.22%	8.51%	5.86%	5.93%	-5.49%	2.93%	9.15%	22.17%	20.48%	-13.03%	80.82%	27.97%								-100.0%	-74.47%	0.39%	-2.65%	-31.48%	-8.2%
Total Long-Term Assets
YoY Change
Total Assets	$875.6B	$848.9B	$917.6B	$880.3B	$809.1B	$750.3B	$729.5B	$720.7B	$704.6B	$579.4B	$513.6B	$485.0B	$462.0B	$424.8B	$205.8B	$211.0B	$176.5B	$186.3B	$182.7B	$184.2B	$77.52B	$81.20B	$78.61B	$60.07B	$56.71B	$53.10B	$50.52B
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$3.000M	$32.00M
YoY Change																									-100.0%	-90.63%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$21.62B	$22.51B	$20.72B	$20.89B	$21.49B	$19.68B	$18.13B	$17.92B	$18.11B	$18.38B	$19.87B	$18.86B	$18.01B	$16.30B	$14.74B	$12.21B	$10.01B	$7.845B	$5.911B	$4.373B	$2.550B	$1.437B	$769.0M	$592.0M	$333.0M	$267.0M	$326.0M
YoY Change	-3.96%	8.62%	-0.81%	-2.79%	9.16%	8.57%	1.18%	-1.08%	-1.47%	-7.47%	5.37%	4.7%	10.49%	10.62%	20.68%	22.0%	27.57%	32.72%	35.17%	71.49%	77.45%	86.87%	29.9%	77.78%	24.72%	-18.1%
Long-Term Debt	$12.74B	$12.36B	$11.86B	$13.99B	$12.07B	$13.50B	$13.17B	$12.88B	$9.548B	$9.311B	$9.160B	$8.949B	$17.14B	$13.13B	$11.84B	$15.63B	$8.781B	$9.395B	$7.279B	$7.779B	$1.123B	$1.436B	$1.418B	$588.0M	$582.0M	$627.0M	$581.0M
YoY Change	3.09%	4.16%	-15.23%	15.9%	-10.58%	2.5%	2.3%	34.86%	2.55%	1.65%	2.36%	-47.79%	30.54%	10.95%	-24.26%	77.98%	-6.54%	29.07%	-6.43%	592.7%	-21.8%	1.27%	141.16%	1.03%	-7.18%	7.92%
Other Long-Term Liabilities	$30.61B	$31.71B	$28.24B	$33.57B	$26.12B	$22.99B	$22.75B	$29.75B	$30.00B	$27.87B	$19.31B	$21.42B	$12.34B	$9.598B	$6.487B	$7.508B	$6.203B	$5.699B	$7.806B	$6.800B	$3.856B	$3.293B	$3.683B	$3.388B	$3.887B	$2.172B	$2.314B
YoY Change	-3.47%	12.28%	-15.87%	28.53%	13.59%	1.08%	-23.53%	-0.85%	7.66%	44.3%	-9.83%	73.55%	28.58%	47.96%	-13.6%	21.04%	8.84%	-26.99%	14.79%	76.35%	17.1%	-10.59%	8.71%	-12.84%	78.96%	-6.14%
Total Long-Term Liabilities	$43.35B	$44.07B	$40.11B	$47.56B	$38.19B	$36.49B	$35.92B	$42.62B	$39.55B	$37.18B	$28.47B	$30.37B	$29.48B	$22.73B	$18.32B	$23.14B	$14.98B	$15.09B	$15.09B	$14.58B	$4.979B	$4.729B	$5.101B	$3.976B	$4.469B	$2.799B	$2.895B
YoY Change	-1.63%	9.88%	-15.68%	24.54%	4.65%	1.6%	-15.73%	7.77%	6.38%	30.58%	-6.24%	3.0%	29.71%	24.05%	-20.8%	54.4%	-0.73%	0.06%	3.47%	192.81%	5.29%	-7.29%	28.29%	-11.03%	59.66%	-3.32%
Total Liabilities	$828.3B	$794.2B	$860.5B	$828.8B	$760.2B	$704.2B	$688.3B	$678.6B	$663.3B	$545.9B	$485.0B	$460.1B	$437.5B	$400.5B	$176.9B	$183.8B	$152.1B	$160.7B	$158.9B	$161.1B	$68.26B	$72.45B	$70.32B	$52.86B	$50.25B	$47.10B	$45.46B
YoY Change	4.29%	-7.7%	3.82%	9.02%	7.96%	2.31%	1.43%	2.31%	21.5%	12.57%	5.4%	5.17%	9.24%	126.35%	-3.75%	20.84%	-5.31%	1.13%	-1.42%	136.08%	-5.78%	3.02%	33.04%	5.18%	6.7%	3.61%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $65.315 Billion

About MANULIFE FINANCIAL CORP

Manulife Financial Corp. engages in the provision of financial services. The company is headquartered in Toronto, Ontario and currently employs 38,000 full-time employees. The firm operates as Manulife across its offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. The company provides financial advice, insurance, and wealth and asset management solutions for individuals, institutions, and retirement plan members worldwide. Its segments include Asia, Canada, Global WAM, and Corporate and Other. The Asia segment provides insurance products and insurance-based wealth accumulation products. The Canada segment provides insurance products, insurance-based wealth accumulation products, and banking services and has an in-force variable annuity business. Global WAM segment provides investment advice and solutions to its retail, retirement, and institutional clients. The company provides life insurance products, insurance-based wealth accumulation products and has an in-force long-term care insurance business.

Industry: Life Insurance Peers: