Manulife Financial Corp
Research Manulife Financial Corp (MFC) on Bullrun: valuation model: 14.3% overvalued, market cap USD 70.52B, P/E 15.9, dividend yield 2.5%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerMFC
- ExchangeNYSE
- CountryCanada
- SectorFinancial Services
- IndustryInsurance-Life
- CurrencyUSD
- Valuation signal14.3% overvalued
- Market capUSD 70.52B
- P/E15.9
- Dividend yield2.5%
- Financial periodQ2 2026
- RevenueCAD 19.71B
- Net incomeCAD 2.18B
- Free cash flowCAD 9.08B
Valuation Snapshot
Bullrun's latest valuation model marks Manulife Financial Corp as 14.3% overvalued; latest market cap is USD 70.52B; P/E is 15.9; dividend yield is 2.5%.
Peer valuation comparison
Latest P/E is 15.85x versus a Financial Services sector median of 13.39x (18.4% above).
Latest dividend yield is 2.47% versus a Financial Services sector median of 3.66% (32.4% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | CAD 53.01B | CAD 5.78B | CAD 32.11B | n/a | 3.07 | CAD 26.70B | CAD 14.68B | CAD 50.96B |
| FY2024 | -CAD 7.29B | CAD 5.63B | CAD 26.49B | n/a | 2.84 | CAD 25.79B | CAD 14.16B | CAD 51.54B |
| FY2023 | -CAD 7.04B | CAD 5.46B | CAD 20.42B | n/a | 2.61 | CAD 20.34B | CAD 12.74B | CAD 47.30B |
| FY2022 | CAD 24.16B | -CAD 2.10B | CAD 16.63B | n/a | 3.68 | CAD 19.15B | CAD 12.36B | CAD 46.80B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 70.52B | 15.9 | 2.5% | 1.06 |
| 2025 | 2025-12-31 | USD 60.85B | 16.3 | n/a | n/a |
| 2024 | 2024-12-31 | USD 53.09B | 14.8 | 1.9% | 0.58 |
| 2023 | 2023-12-29 | USD 39.92B | 13.6 | 4.9% | 1.08 |
| 2022 | 2022-12-30 | USD 33.45B | n/a | 5.7% | 1.02 |
| 2021 | 2021-12-31 | USD 37.05B | 6.7 | 4.9% | 0.93 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.06 USD, yield 2.5%.
| Year | Dividends/share |
|---|---|
| FY2024 | 0.58 CAD |
| FY2023 | 1.08 CAD |
| FY2022 | 1.02 CAD |
About Manulife Financial Corp
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments.
ETFs that hold Manulife Financial Corp
Manulife Financial Corp is one of the ten largest holdings of 7 ETFs that investors in Europe can buy, most traded first:
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Frequently asked questions
Is Manulife Financial Corp overvalued or undervalued?
Bullrun's valuation model currently marks Manulife Financial Corp as 14.3% overvalued.
What is Manulife Financial Corp's market cap?
Manulife Financial Corp's market capitalization is USD 70.52B.
What is Manulife Financial Corp's P/E ratio?
Manulife Financial Corp's price-to-earnings (P/E) ratio is 15.9.
Does Manulife Financial Corp pay a dividend?
Manulife Financial Corp has a dividend yield of 2.5%.
What does Manulife Financial Corp do?
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments.