Manulife Financial Corporation (MFC) quarterly cash flow statement — complete operating, investing & financing history
Manulife Financial Corporation (MFC) cash flow statement — 28-year operating, investing & financing cash flows
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Cash from Operations | 9.08B | 3.55B | 8.6B | 9.54B | 7.28B | 6.69B | 7.13B | 7.52B | 7.27B | 4.58B | 6.17B | 5.51B | 5.79B | 2.96B | 4.99B | 4.51B | 4.72B | 2.52B | 6.74B | 6.83B |
| Operating CF Growth % | 24.8% | -46.99% | 20.64% | 26.86% | 0.03% | 46.15% | 15.56% | 36.52% | 25.53% | 54.86% | 23.68% | 22.11% | 22.86% | 17.31% | -25.98% | -33.97% | -17.23% | -35.26% | 8.63% | 37.68% |
| Operating CF / Revenue % | 46.07% | 28.8% | 99.94% | 55.09% | 17.69% | 73.95% | 168.99% | 51.59% | 39.36% | 13.01% | -27.93% | 27.6% | 25.01% | 9.82% | 33.57% | 21.54% | -12.74% | -15.59% | 31.93% | 43.96% |
| Net Income | 2.32B | 1.24B | 1.5B | 1.92B | 1.92B | 623M | 1.71B | 2.07B | 1.13B | 972M | 1.8B | 1.23B | 1.17B | 1.41B | 1.98B | 424M | -2.1B | -1.22B | 2.05B | 1.31B |
| Depreciation & Amortization | -604M | 250.65M | 231.81M | -484M | -411M | -428M | -195M | -447M | -419M | -446M | -442M | -335M | -331M | -309M | 138M | -325M | -386M | -443M | 130M | 131M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2M | 0 | -1M | 1M | 2M | 0 | 1M | 2M | 2M | 1M |
| Deferred Taxes | 94M | -105M | 20M | 66M | -18M | -74M | 36M | 209M | 64M | 2M | 565M | -220M | 8M | 117M | -146M | 239M | -984M | -711M | -364M | 220M |
| Other Non-Cash Items | -5.68B | 1.12B | -1.32B | -4.06B | -2.51B | 798M | 1.06B | -3.37B | 883M | 356M | -3.7B | 2.61B | -56M | -1.83B | -1.25B | 1.42B | 7.21B | 2.79B | -4.3B | 903M |
| Working Capital Changes | 12.96B | 1.05B | 8.19B | 12.09B | 8.29B | 5.77B | 4.52B | 9.06B | 5.61B | 3.69B | 7.95B | 2.23B | 5B | 3.57B | 4.26B | 2.75B | 980M | 2.11B | 9.22B | 4.26B |
| Cash from Investing | -8.18B | -3B | -8.1B | -7.81B | -5.93B | -6.52B | -3.72B | -4.7B | -6.53B | -3.5B | -6.18B | -3.56B | -27M | -3.95B | -4.8B | -4.77B | -5.95B | -2.98B | -5.76B | -4.43B |
| Capital Expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1M | 0 | 4.78B | 0 | 0 | 0 | 0 | 0 |
| Acquisitions | 0 | -77.2M | -1.28B | 0 | 0 | 0 | 27M | -26M | 0 | 0 | 0 | 0 | -1M | 0 | -182M | 0 | 0 | 0 | -15M | 0 |
| Purchase of Investments | 0 | -35.14B | -35.36B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -20.04B | -17.32B | -22.29B | -23.98B | 0 | 0 | 0 | 0 | 0 |
| Sale/Maturity of Investments | 0 | 31.73B | 29.6B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19.2B | 0 | 0 | 0 | 0 | 0 |
| Other Investing | -8.18B | 483.25M | -1.06B | -7.81B | -5.93B | -6.52B | -3.75B | -4.68B | -6.53B | -3.5B | -6.18B | 16.48B | 17.29B | 18.33B | -4.62B | -4.77B | -5.95B | -2.98B | -5.75B | -4.43B |
| Cash from Financing | 1.3B | -2.63B | 452.63M | -22M | -1.62B | -858M | -1.45B | -2.15B | -385M | -195M | -1.58B | -1.09B | -2.11B | -258M | -1.9B | -667M | 86M | 360M | -236M | -300M |
| Dividends Paid | -911M | -864.23M | -842.31M | -804M | -856M | -802M | -799M | -766M | -817M | -777M | -759M | -720M | -770M | -723M | -717M | -679M | -694M | -697M | -717M | -580M |
| Share Repurchases | -599M | -371.96M | 341.72M | -613M | -653M | -507M | -1.43B | -986M | -652M | -203M | -333M | -421M | -443M | -398M | -552M | -527M | -428M | -377M | 0 | 0 |
| Stock Issued | 19M | 69.18M | 916.25M | 9M | 7M | 28M | 49M | 13M | 47M | 35M | 40M | 24M | 10M | 20M | 4M | 3M | 5M | 11M | 6M | 4M |
| Debt Issuance (Net) | 1000K | -1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 1000K | -1000K | 1000K | 1000K | 1000K | -1000K | -1000K |
| Other Financing | 1.65B | -917.36M | 1.99B | 955M | -487M | 302M | 282M | 232M | 181M | 164M | -630M | 17M | -455M | -534M | 695M | 377M | -15M | 930M | -500M | 310M |
| Net Change in Cash | 2.55B | -579.98M | -386.35M | 2.06B | -1.18B | -609M | 2.75B | 728M | 436M | 1.14B | -1.85B | 1.08B | 3.27B | -1.25B | -1.72B | -293M | -929M | -358M | 652M | 2.41B |
| Exchange Rate Effect | 350M | 1.5B | -1.34B | 352M | -893M | 79M | 793M | 63M | 77M | 264M | -259M | 222M | -386M | 11M | -10M | 634M | 216M | -255M | -89M | 316M |
| Cash at Beginning | 24.99B | 15.14B | 15.29B | 23.16B | 24.33B | 24.94B | 22.19B | 21.46B | 21.02B | 19.88B | 21.74B | 20.66B | 17.39B | 18.64B | 20.36B | 20.64B | 21.57B | 21.93B | 21.28B | 18.87B |
| Cash at End | 27.54B | 14.56B | 14.9B | 25.21B | 23.16B | 24.33B | 24.94B | 22.19B | 21.46B | 21.02B | 19.88B | 21.74B | 20.66B | 17.39B | 18.64B | 20.35B | 20.64B | 21.57B | 21.93B | 21.28B |
| Free Cash Flow | 9.08B | 3.55B | 8.6B | 9.54B | 7.28B | 6.69B | 7.13B | 7.52B | 7.27B | 4.58B | 6.17B | 5.51B | 5.79B | 2.96B | 9.77B | 4.51B | 4.72B | 2.52B | 6.74B | 6.83B |
| FCF Growth % | 24.8% | -46.99% | 20.64% | 26.86% | 0.03% | 46.15% | 15.56% | 36.52% | 25.5% | 54.86% | -36.84% | 22.11% | 22.88% | 17.31% | 44.95% | -33.97% | -17.23% | -35.26% | 8.63% | 37.68% |
| FCF Margin % | 46.07% | 28.8% | 99.94% | 55.09% | 17.69% | 73.95% | 168.99% | 51.59% | 39.36% | 13.01% | -27.93% | 27.6% | 25.01% | 9.82% | 65.74% | 21.54% | -12.74% | -15.59% | 31.93% | 43.96% |
| FCF per Share | 5.44 | 2.08 | 5.03 | 5.61 | 4.24 | 3.87 | 4 | 4.22 | 4.04 | 2.53 | 3.28 | 2.93 | 3.08 | 1.57 | 5.19 | 2.37 | 2.45 | 1.3 | 3.46 | 3.51 |