Manulife Financial Corporation (MFC) Earnings History
Profitable28 years of earnings data (1998–2025) · Positive TTM net income
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Manulife Financial Corporation (MFC) Earnings Overview
As of June 21, 2026, Manulife Financial Corporation (MFC) reported trailing twelve-month net income of $6.42B, reflecting +8.1% year-over-year growth. The company earned $3.76 per diluted share over the past four quarters, with a net profit margin of 10.9%.
Looking at the long-term picture, MFC's 5-year EPS compound annual growth rate (CAGR) stands at +0.9%, reflecting modest earnings expansion. The company achieved its highest annual net income of $6.66B in fiscal 2021.
Manulife Financial Corporation maintains positive profitability with a gross margin of 25.5%, operating margin of 13.4%, and net margin of 10.9%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including SLF ($3.28B net income, 8.9% margin), MET ($3.62B net income, 4.4% margin), PRU ($3.48B net income, 5.9% margin), MFC has outperformed on profitability metrics. Compare MFC vs SLF →
MFC Earnings vs Peers
Earnings metrics vs comparable public companies
MFC Historical Earnings Data (1998–2025)
28 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $5.78B | +2.7% | $7.09B | $3.07 | 10.9% | 13.4% |
| 2024 | $5.63B | +3.1% | $7.09B | $2.84 | - | - |
| 2023 | $5.46B | +360.1% | $6.45B | $2.61 | - | - |
| 2022 | -$2.10B | -131.5% | -$3.14B | $-1.10 | -8.7% | -13.0% |
| 2021 | $6.66B | +25.0% | $8.13B | $3.54 | 11.1% | 13.6% |
| 2020 | $5.33B | +1.1% | $6.77B | $2.93 | 6.9% | 8.8% |
| 2019 | $5.27B | +12.8% | $6.22B | $2.77 | 6.8% | 8.0% |
| 2018 | $4.67B | +126.0% | $5.52B | $2.35 | 12.5% | 14.8% |
| 2017 | $2.07B | -30.8% | $2.50B | $0.98 | 3.7% | 4.4% |
| 2016 | $2.99B | +34.6% | $3.33B | $1.41 | 5.8% | 6.4% |
| 2015 | $2.22B | -36.9% | $2.62B | $1.05 | 6.8% | 8.0% |
| 2014 | $3.52B | +13.0% | $4.26B | $1.80 | 6.6% | 8.0% |
| 2013 | $3.12B | +82.7% | $3.75B | $1.62 | 17.8% | 21.4% |
| 2012 | $1.71B | +683.0% | $1.24B | $0.88 | 6.1% | 4.4% |
| 2011 | $218M | +113.1% | $148M | $0.02 | 0.4% | 0.3% |
| 2010 | -$1.66B | -218.6% | -$2.33B | $-0.22 | -4.4% | -6.2% |
| 2009 | $1.40B | +171.2% | -$152M | $0.82 | 3.5% | -0.4% |
| 2008 | $517M | -88.0% | $577M | $0.32 | 1.6% | 1.7% |
| 2007 | $4.30B | +8.4% | $5.61B | $2.78 | 12.1% | 15.8% |
| 2006 | $3.97B | +20.6% | $5.34B | $2.51 | 11.6% | 15.6% |
| 2005 | $3.29B | +29.0% | $4.32B | $2.03 | 10.1% | 13.2% |
| 2004 | $2.55B | +66.8% | $3.42B | $1.81 | 9.5% | 12.7% |
| 2003 | $1.53B | +11.6% | $1.84B | $1.66 | 9.3% | 11.2% |
| 2002 | $1.37B | +17.4% | $1.67B | $1.44 | 8.3% | 10.1% |
| 2001 | $1.17B | +9.3% | $1.36B | $1.19 | 7.2% | 8.4% |
| 2000 | $1.07B | +22.9% | $1.34B | $1.11 | 7.5% | 9.5% |
| 1999 | $869M | +23.4% | $13.04B | $0.88 | 6.2% | 92.4% |
| 1998 | $705M | - | $9.62B | $0.73 | 6.7% | 91.4% |
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MFC — Frequently Asked Questions
Quick answers to the most common questions about buying MFC stock.
What is MFC earnings per share (EPS)?
MFC trailing twelve-month (TTM) diluted EPS is $3.76, reflecting +8.1% year-over-year growth. The 5-year EPS CAGR is +0.9%. Complete EPS history from 1998 to 2025 is available in the table on this page.
What is Manulife Financial Corporation's net income?
Manulife Financial Corporation (MFC) trailing twelve-month net income is $6.4B as of 2025. Earnings grew +8.1% year-over-year. Manulife Financial Corporation has been profitable for 3 consecutive years.
Is MFC profitable?
Yes, MFC is profitable with a TTM net income of $6.4B and a net profit margin of +10.9%. Manulife Financial Corporation has generated profits for 3 consecutive years.
What is MFC's earnings growth rate?
MFC compound annual EPS growth rates (CAGR): 1-Year: +8.1%, 3-Year: N/A, 5-Year: +0.9%, 10-Year: +11.3%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1998 to 2025.
What are MFC's profit margins?
Manulife Financial Corporation net profit margin is +10.9%, operating margin is +13.4%, and gross margin is +25.5%. Margins are within a typical range for the sector. Return on Equity is +11.0%.
Is MFC growing earnings?
MFC is growing earnings steadily. YoY EPS growth of +8.1% is consistent with the 5-year CAGR of +0.9%. TTM net income is $6.4B.
What was MFC's best earnings year?
Manulife Financial Corporation's highest annual net income on record is $6.7B, achieved in fiscal year 2021. Earnings history on this page spans 1998 to 2025 and includes all annual and quarterly figures.
What were MFC's earnings last quarter?
MFC's most recent reported quarter was Q1 2026. Net income was $1.2B with diluted EPS of $0.64. For a full breakdown of all quarters, see the quarterly earnings table on this page.