Manulife Financial revenue and financials

MFC · NYSE · USD

Secondary listing. The primary listing is Manulife Financial · TSX (CAD)

$42.93Change from previous close: −0.02%Absolute change: −$0.01

Close · October 6, 2026

In the fiscal year ended December 2025, Manulife Financial reported revenue of $8.13B (+7.13% year over year). Net income was $5.57B, a net margin of 68.5%.

Annual revenue · 2025: $8.13B
  1. $53.34B2016
  2. $58.32B2017
  3. $38.97B2018
  4. $79.57B2019
  5. $78.91B2020
  6. $61.82B2021
  7. $6.19B2022
  8. $6.75B2023
  9. $7.59B2024
  10. $8.13B2025

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

At a glance

Revenue growth
+7.13%
2025 vs 2024
Net income growth
+3.47%
2025 vs 2024
Net margin
68.5%
2024: 71.0%

Financial data

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

Balance sheet · Annual
Item2025202420232022202120212020201920182017
Total assets1,025,433978,818875,574833,689928,220917,643880,349809,130750,271729,533
Cash and equivalents26,70325,78920,33819,15322,59422,59426,16720,30016,21515,965
Receivables———1,448—1,294————
Net property, plant and equipment2,6312,6742,5912,852—1,812————
Goodwill6,8776,2755,9196,014—5,6515,7145,7435,8645,713
Other intangible assets5,4474,7774,3914,505——————
Long-term investments255,085244,346237,680227,361——————
Long-term debt7,6856,62921,32024,381—19,691————
Total debt14,67514,16112,73812,356——————
Total liabilities972,945925,858826,847785,463881,328858,774827,343759,024703,120687,370
Total equity (incl. minority)52,48852,96048,72748,226—58,869————
Retained earnings5,0244,7644,8193,947—23,492————
Minority interest1,5311,4211,4311,427—1,694————