Manulife Financial revenue and financials

MFC · TSX · CAD

$61.04−0.41%−$0.25

Close · October 6, 2026

In the fiscal year ended December 2025, Manulife Financial reported revenue of $30.98B (+3.28% year over year). Net income was $5.78B, a net margin of 18.7%.

Annual revenue · 2025: $30.98B
  1. $51.9B2016
  2. $56.72B2017
  3. $37.26B2018
  4. $77.82B2019
  5. $77.12B2020
  6. $59.84B2021
  7. $16.91B2022
  8. $27.25B2023
  9. $29.99B2024
  10. $30.98B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets1,093,9941,026,5131,025,4331,026,682977,469981,418978,818952,630915,273907,219875,574835,874
Cash and equivalents27,54024,98826,70325,83223,77325,36225,78922,88422,09821,48120,33822,137
Net property, plant and equipment2,6982,6552,6312,6552,6252,6782,6742,6382,6152,5982,5912,704
Goodwill——6,877———6,275———5,919—
Other intangible assets——5,447—————————
Long-term investments271,146255,831255,085255,758243,037———————
Long-term debt23,33623,49225,04222,61523,09923,53925,11521,94225,17524,17021,32027,194
Total debt14,12713,44714,67513,42813,277———————
Total liabilities1,039,067973,457972,945973,691926,216———————
Total equity (incl. minority)54,92753,05652,48852,99151,25353,16452,96051,63950,75649,89248,72749,035
Retained earnings5,7605,0285,0245,0894,5384,0774,7644,9734,5744,7794,8194,097
Minority interest1,6661,5521,5311,5481,3981,3921,4211,5621,4121,3281,4311,462