BN vs BX vs MFC Stock Comparison

Brookfield, Blackstone and Manulife Financial Prices as of Oct 29, 2026 Peers: Industry group
BN BROOKFIELD Corp /ON/
$39.49 +8.2% 1M -15.2% 1Y
Market cap
$88.75B
P/E
70.6x
Revenue (TTM)
$76.56B
Div. yield
0.68%
Alternative Asset Managers Financial Services
BX Blackstone Inc.
$120.59 +5.8% 1M -19.0% 1Y
Market cap
$90.76B
P/E
27.4x
Revenue (TTM)
$16.11B
Div. yield
4.34%
Alternative Asset Managers Financial Services
4 wins
MFC Manulife Financial Corp
$45.26 +4.3% 1M +39.1% 1Y
Market cap
$77.08B
P/E
16.2x
Revenue (TTM)
$47.47B
Div. yield
4.15%
Life Insurance Financial Services
6 wins

Head to Head

10 decided of 12

Manulife Financial leads on 6 of the 12 questions below (Manulife Financial 6, Blackstone 4). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBNBXMFCLeader
Larger companyMarket capitalisation $88.75B $90.76B $77.08B BX
Cheaper on earningsLower P/E, profitable companies only 70.6x 27.4x 16.2x MFC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.2x 19.9x 13.7x MFC
Faster revenue growthRevenue growth, trailing twelve months -9.6% +17.2% +19.7% MFC
More profitableNet margin, trailing twelve months 1.6% 21.8% 10.0% BX
Better return on capitalReturn on invested capital — 21.6% — –
Less leveragedLower net debt / EBITDA — — — –
Higher dividend yieldTrailing dividend yield 0.68% 4.34% 4.15% BX
Better 1-year returnPrice return, last 12 months -15.2% -19.0% +39.1% MFC
Better 5-year returnAnnualised price return, 5 years +3.9%/yr -2.7%/yr +18.4%/yr MFC
Less volatileAnnualised volatility, 1 year 27.7% 37.4% 20.2% MFC
Higher overall scoreMean of the five percentile scores vs peers 39/100 70/100 50/100 BX

Percentile Scorecard

BNBXMFC

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisBNBXMFC
Valuation 76 #44 of 181 77 #42 of 181 59 #49 of 119
Growth 35 #72 of 110 83 #20 of 110 84 #19 of 114
Profitability 31 #88 of 127 83 #23 of 127 55 #48 of 106
Financial Health 39 #100 of 162 55 #73 of 162 17 #87 of 104
Shareholder Returns 15 #65 of 76 51 #38 of 76 36 #68 of 105
Overall 39 70 50
  • BN ranked among 209 companies in Asset and Wealth Management
  • BX ranked among 209 companies in Asset and Wealth Management
  • MFC ranked among 126 companies in Insurance

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodBNBXMFCSPY
1 month +8.2%+5.8%+4.3% +0.7%
3 months -6.0%-5.8%+1.6% +3.7%
6 months -12.5%-4.0%+15.2% +7.1%
Year to date -13.9%-21.8%+24.8% +12.8%
1 year -15.2%-19.0%+39.1% +11.9%
3 years +103.2%+30.5%+158.9% +85.2%
3 years, per year +26.7%+9.3%+37.3% +22.8%
5 years +21.3%-12.9%+132.2% +67.6%
5 years, per year +3.9%-2.7%+18.4% +10.9%
10 years +216.7%+372.9%+212.8% +262.0%
10 years, per year +12.2%+16.8%+12.1% +13.7%

Risk

MeasureBNBXMFCSPY
Volatility, 1Y 27.7%37.4%20.2% 12.7%
Downside volatility, 1Y 29.0%37.7%21.4% 12.6%
Beta vs S&P 500, 1Y 1.361.320.73 1.00
Return / volatility, 1Y -0.55-0.511.94 0.94
Max drawdown, 5Y -42.5%-51.5%-29.9% -25.4%
From 52-week high -19.7%-26.2%-0.7% -1.2%
52-week high $49.17$163.50$45.60 $779.14
52-week low $35.94$102.12$32.15 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleBNBXMFC
P/E now vs peer median 70.6xmedian 33.5x 27.4xmedian 33.5x 16.2xmedian 10.7x
P/S now vs peer median 1.2xmedian 4.9x 5.6xmedian 4.9x 1.6xmedian 1.4x
EV/EBITDA now vs peer median —median 12.0x —median 12.0x —median 7.5x
P/FCF now vs peer median —median 14.3x 16.5xmedian 14.3x 3.3xmedian 8.5x
P/B now vs peer median 21.7xmedian 1.8x 4.3xmedian 1.8x 2.0xmedian 1.5x
PEG now vs peer median -0.74median 0.97 0.71median 0.97 0.73median 0.60

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsBNBXMFC
Revenue $76.56B $16.11B $47.47B
Net income $3.71B $6.83B $4.76B
Free cash flow – $5.49B $23.26B
EPS (diluted) $0.53 $4.40 $2.78
Cash & equivalents $14.89B $2.51B –
Total debt $59.07B $50.92B $185.03B
Shares (diluted) 2.37B 799.90M 1.71B
Enterprise value -$94.33B $85.68B -$16.63B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricBNBXMFC
P/E 70.6x 27.4x 16.2x
P/FCF – 16.5x 3.3x
P/Operating cash flow – 16.2x 3.3x
P/S 1.2x 5.6x 1.6x
P/B 21.7x 4.3x 2.0x
P/Tangible book -2.7x 4.3x 2.0x
EV/EBITDA – – –
EV/EBIT – 11.8x 14.6x
EV/Revenue 0.7x 6.3x 2.2x
EV/FCF – 18.5x 4.5x
EV/Operating cash flow – 18.1x 4.5x
PEG (3Y EPS CAGR) -0.74 0.71 0.73

Growth

14 metrics
MetricBNBXMFC
Revenue growth (1Y) -9.6% 17.2% 19.7%
Revenue CAGR (3Y) -4.2% 32.3% 13.5%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – – –
Operating income CAGR (3Y) – – –
Net income growth (1Y) 28.4% 19.2% -19.1%
Net income CAGR (3Y) 11.2% 46.7% 68.2%
EPS growth (1Y) 65.8% 20.2% 14.8%
EPS CAGR (3Y) -95.3% 38.8% 22.3%
Operating cash flow growth (1Y) – 65.6% 139.4%
Operating cash flow CAGR (3Y) – 14.0% 40.5%
Free cash flow growth (1Y) – 67.2% 139.4%
Free cash flow CAGR (3Y) – 16.0% 40.5%

Profitability

14 metrics
MetricBNBXMFC
Gross margin – – –
EBITDA margin – – –
Operating margin – – –
Pretax margin – 50.1% 12.8%
Net margin 1.6% 21.8% 10.0%
FCF margin – 34.1% 49.0%
Operating cash flow margin – 34.7% 49.0%
Return on equity 4.3% 33.2% 9.2%
Return on assets 0.7% 13.9% 0.5%
Return on invested capital – 21.6% –
Return on capital employed – – –
Asset turnover 0.1x 0.3x 0.1x
Cash conversion (OCF / net income) – 0.8x 4.9x
Stock comp / revenue – 9.7% –

Financial Health

11 metrics
MetricBNBXMFC
Debt / assets 2.8% 26.4% 6.0%
Debt / equity 3.6x 0.6x 1.2x
Net debt / EBITDA – – –
Debt / FCF – 2.4x 2.0x
Liabilities / assets 99.2% 57.8% 95.0%
Equity / assets 0.8% 42.2% 5.0%
Interest coverage – 16.0x 6.7x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricBNBXMFC
Dividend yield 0.7% 4.3% 4.2%
Net buyback yield – 0.3% 2.1%
Shareholder yield 0.7% 4.7% 6.3%
Payout ratio (earnings) – 93.6% 46.9%
Payout ratio (FCF) – 116.4% 9.6%
Dividend growth (1Y) – 22.0% -181.7%
Dividend CAGR (3Y) – 7.9% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusBNBXMFC
Forward P/E 14.2xFY2026 19.9xFY2026 13.7xFY2026
EPS, next fiscal year $2.78FY2026 $6.07FY2026 $3.31FY2026
EPS growth, next FY +23.6%FY2026 +9.0%FY2026 +7.8%FY2026
EPS growth, the year after +12.6% +25.5% +3.6%
Revenue, next fiscal year $7.00BFY2026 $15.03BFY2026 $32.55BFY2026
Revenue growth, next FY +2.4%FY2026 +14.9%FY2026 +12.3%FY2026
Revenue growth, the year after +21.1% +27.3% +5.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBNBXMFC
Held by institutions 66.5% 67.3% 44.4%
Institutions holding 931 2,131 811
Change in shares held, QoQ +1.2% +2.8% 0.0%
Institutions buying 408 1,133 383
Institutions selling 317 717 227
Buyers to sellers 1.29 1.58 1.69

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

BNBXMFC
BN 1.00 0.72 0.39
BX 0.72 1.00 0.38
MFC 0.39 0.38 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BN, BX and MFC?

Blackstone (BX) is the largest by market capitalisation: Brookfield (BN) $88.75B, Blackstone (BX) $90.76B, Manulife Financial (MFC) $77.08B.

Which stock is cheaper, BN, BX and MFC?

Manulife Financial (MFC) trades on the lowest price-to-earnings ratio (Brookfield (BN) 70.6x, Blackstone (BX) 27.4x, Manulife Financial (MFC) 16.2x). On next year's consensus earnings, Manulife Financial (MFC) is cheapest (Brookfield (BN) 14.2x, Blackstone (BX) 19.9x, Manulife Financial (MFC) 13.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Manulife Financial (MFC) grew revenue fastest over the trailing twelve months: Brookfield (BN) -9.6%, Blackstone (BX) +17.2%, Manulife Financial (MFC) +19.7%.

Which company is more profitable?

Blackstone (BX) has the highest net margin (Brookfield (BN) 1.6%, Blackstone (BX) 21.8%, Manulife Financial (MFC) 10.0%).

Which stock has performed better?

Over the past year Manulife Financial (MFC) returned the most: Brookfield (BN) -15.2%, Blackstone (BX) -19.0%, Manulife Financial (MFC) +39.1%. Over five years, Manulife Financial (MFC) compounded fastest (Brookfield (BN) +3.9%/yr, Blackstone (BX) -2.7%/yr, Manulife Financial (MFC) +18.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Blackstone (BX) has the highest dividend yield: Brookfield (BN) 0.68%, Blackstone (BX) 4.34%, Manulife Financial (MFC) 4.15%.

Which stock is riskier?

By one-year price volatility, Manulife Financial (MFC) has been the steadiest (Brookfield (BN) 27.7%, Blackstone (BX) 37.4%, Manulife Financial (MFC) 20.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BN, BX and MFC?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Manulife Financial (MFC) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.