Manulife Financial Corp (MNLCF) balance sheet

MNLCFOTCLife InsuranceFiscal year ends December 31Also trades as MFC, MNQFF, MNUFF, MNUPF

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 40-F on Feb 11, 2026Score 3/30

$17.01+0.00 (0.00%)

Close on Oct 19, 2026Market cap $79.82BP/E 20.4Yield –

Manulife Financial Corp balance sheet

Annual Quarterly

CAD USD

Millions of USD, except per-share data. Shares in millions.

Line item	Q4 2025 2025-12-31	Q4 2024 2024-12-31	Q4 2023 2023-12-31	Q4 2022 2022-12-31	Q4 2021 2021-12-31	Q4 2020 2020-12-31	Q4 2019 2019-12-31	Q4 2018 2018-12-31	Q4 2017 2017-12-31	Q4 2016 2016-12-31	Q4 2015 2015-12-31
Cash & Equivalents	19,474	17,909	15,405	14,154	17,683	20,518	15,661	11,884	12,755	11,285	12,924
Cash & Short-Term Investments	19,474	17,909	15,405	14,154	17,683	20,518	15,661	11,884	12,755	11,285	12,924
Goodwill	5,015	4,358	4,483	4,444	4,423	4,481	4,431	4,298	4,564	4,383	4,108
Intangible Assets	3,972	3,317	3,326	3,329	3,337	3,305	3,265	3,102	3,297	3,145	2,673
Deferred Tax Assets	4,187	4,086	5,105	4,957	6,079	3,797	3,529	3,165	3,650	3,306	–
Total Assets	747,836	679,735	663,213	616,087	726,477	690,307	624,232	549,891	582,834	536,780	–
Current Income Taxes Payable	451	315	111	144	279	68	93	86	142	288	–
Long-Term Debt	–	4,603	4,599	4,607	3,821	4,833	3,505	3,495	3,822	4,243	–
Deferred Tax Liabilities	1,472	1,313	1,285	1,135	1,341	2,050	1,521	1,330	1,023	1,012	–
Total Liabilities	709,557	642,957	626,304	580,449	689,777	648,744	585,576	515,333	549,149	504,885	–
Total Debt	–	4,603	4,599	4,607	3,821	4,833	3,505	3,495	3,822	4,243	–
Retained Earnings	3,664	3,308	3,650	2,917	7,557	14,810	11,949	9,311	8,055	7,269	–
Shareholders' Equity	36,553	35,397	35,630	34,641	35,497	41,037	37,909	33,688	32,766	31,157	–
Noncontrolling Interest	1,117	987	1,084	1,055	1,124	1,141	934	801	742	553	–
Total Equity	38,279	36,778	36,909	35,638	36,700	41,564	38,656	34,558	33,685	31,896	–
Total Liabilities & Equity	747,836	679,735	663,213	616,087	726,477	690,307	624,232	549,891	582,834	536,780	–

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Dec 31, 2025

Profitability, FY2025

Gross margin: –
Operating margin: –
Net margin: 68.5%
Return on equity, FY2025: 11.0%

Financial strength

Current ratio: –
Debt to equity: –
Debt to assets: –
Cash to current liabilities: –

Valuation

P/E ratio: 20.4
Price to sales: 13.74
Price to book: 2.23
Dividend yield: –