MFCNYSELife InsuranceFiscal year ends December 31Also trades as MNLCF, MNQFF, MNUFF, MNUPF

MANULIFE FINANCIAL CORP

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 11, 2026

$44.06−0.28 (-0.63%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2015 to 2025

68.5%+61.1 pts over 5 years

Per year	1 year	3 years	5 years	10 years
Revenue	+7.1%	+9.5%	-36.5%	–
Net income	+3.5%	–	-1.0%	–
EPS, diluted	+8.1%	–	+0.9%	–

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	–	11.6%	11.0%
Return on assets	–	0.7%	0.6%
Debt to equity	0.14	0.12	–
Diluted shares	1.98B	1.94B	1.71B

Return on equity split into margin, efficiency and leverage

Net margin68.5%

Asset turnover0.01×

Equity multiplier19.83×

Return on equity, FY202511.0%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	68.5%	0.01×	19.83×	11.0%
FY2024	71.0%	0.01×	18.92×	11.0%
FY2023	75.6%	0.01×	18.20×	10.9%
FY2022	-31.2%	0.01×	19.10×	-4.2%
FY2021	11.5%	0.07×	18.51×	14.5%
FY2020	7.4%	0.09×	16.65×	11.6%
FY2019	7.0%	0.10×	16.40×	11.8%
FY2018	12.3%	0.05×	17.01×	11.0%
FY2017	3.6%	0.08×	17.51×	5.1%

Parsed from the XBRL in Manulife Financial's annual and quarterly filings with the SEC
Per-share figures adjusted for the 2-for-1 split on Jun 5, 2006
Fourth quarters derived from the annual report minus nine months
Every figure in the statements links to its source filing