Manulife Financial

MFC · TSX · CAD

$61.31Change from previous close: +1.14%Absolute change: +$0.69

Close · October 2, 2026

At a glance

Revenue growth
+3.28%
2025 vs 2024
Net income growth
+2.68%
2025 vs 2024
Net margin
18.7%
2024: 18.8%

Financial data

Amounts in millions of CAD; per-share values in CAD; shares in millions.

Cash flow · Annual
Item2025202420232022202120202019201820172016
Operating cash flow32,10526,49420,42316,62823,15520,04820,54219,18817,79117,017
Depreciation and amortization623612364284381—————
Investing cash flow-28,365-18,459-13,720-18,400-24,442-14,148-13,830-19,002-16,287-22,739
Financing cash flow-2,049-4,174-5,042-2,108-2,047663-2,080-72414.03,305
Dividends paid-3,305-3,159-2,972-2,773-2,487-2,340-1,398-1,788-1,780-1,593
Share repurchases-2,431-3,272-1,595-2,595——————
Debt issued2,5583,2581,7311,383——————
Debt repaid-1,108-2,004-698-1,120——————
Effect of exchange rates-8161,197-412585-319-528-466822-658-347
Net change in cash8755,0581,249-3,295-3,6536,0354,166284860-2,764
Free cash flow32,10526,49420,42316,628——————
Levered free cash flow20,797-10,9279,1718,771————14,3823,889