Manulife Financial
$61.31Change from previous close: +1.14%Absolute change: +$0.69
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.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 9,079 | 3,536 | 8,606 | 9,536 | 6,898 | 6,870 | 7,128 | 7,517 | 7,273 | 4,576 | 6,168 | 5,506 |
| Depreciation and amortization | 170 | 250 | -22.0 | 232 | 218 | 195 | 171 | 139 | 156 | 146 | -56.0 | 141 |
| Investing cash flow | -8,179 | -2,988 | -8,103 | -7,809 | -5,935 | -6,518 | -3,723 | -4,703 | -6,529 | -3,504 | -6,180 | -3,560 |
| Financing cash flow | 1,302 | -2,622 | 453 | -22.0 | -1,622 | -858 | -1,445 | -2,149 | -385 | -195 | -1,584 | -1,087 |
| Dividends paid | -911 | -862 | -843 | -804 | -856 | -802 | -799 | -766 | -817 | -777 | -759 | -720 |
| Share repurchases | -599 | -371 | -658 | -613 | -653 | — | — | — | — | — | — | — |
| Debt issued | 2,284 | 822 | 557 | 457 | 1,393 | 151 | 1,468 | -95.0 | 1,120 | 1,225 | 125 | 44.0 |
| Debt repaid | -27.0 | -1,391 | -26.0 | -26.0 | -1,026 | — | — | — | — | — | — | — |
| Effect of exchange rates | 350 | 359 | -354 | 352 | -930 | 79.0 | 793 | 63.0 | 77.0 | 264 | -259 | 222 |
| Net change in cash | 2,552 | -1,715 | 602 | 2,057 | -1,589 | -427 | 2,753 | 728 | 436 | 1,141 | -1,855 | 1,081 |
| Free cash flow | 9,079 | 3,536 | 8,606 | 9,731 | 6,898 | — | — | — | — | — | — | — |
| Levered free cash flow | 1,296 | -20,059 | 20,866 | -558 | 5,202 | -4,713 | 2,091 | -234 | -3,204 | -9,579 | 423 | 2,384 |