MFC vs BN Stock Comparison

Manulife Financial and Brookfield Prices as of Oct 26, 2026 Peers: Industry group
MFC Manulife Financial Corp
$44.65 +1.8% 1M +37.0% 1Y
Market cap
$76.04B
P/E
16.0x
Revenue (TTM)
$47.47B
Div. yield
4.21%
Life Insurance Financial Services
9 wins
BN BROOKFIELD Corp /ON/
$37.95 +2.9% 1M -17.8% 1Y
Market cap
$85.29B
P/E
67.9x
Revenue (TTM)
$76.56B
Div. yield
0.71%
Alternative Asset Managers Financial Services
1 win

Head to Head

10 decided of 12

Manulife Financial leads on 9 of the 12 questions below (Manulife Financial 9, Brookfield 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionMFCBNLeader
Larger companyMarket capitalisation $76.04B $85.29B BN
Cheaper on earningsLower P/E, profitable companies only 16.0x 67.9x MFC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 13.5x 13.7x MFC
Faster revenue growthRevenue growth, trailing twelve months +19.7% -9.6% MFC
More profitableNet margin, trailing twelve months 10.0% 1.6% MFC
Better return on capitalReturn on invested capital — — –
Less leveragedLower net debt / EBITDA — — –
Higher dividend yieldTrailing dividend yield 4.21% 0.71% MFC
Better 1-year returnPrice return, last 12 months +37.0% -17.8% MFC
Better 5-year returnAnnualised price return, 5 years +17.5%/yr +3.0%/yr MFC
Less volatileAnnualised volatility, 1 year 20.2% 27.7% MFC
Higher overall scoreMean of the five percentile scores vs peers 46/100 44/100 MFC

Percentile Scorecard

MFCBN

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

AxisMFCBN
Valuation 55 #19 of 41 74 #37 of 139
Growth 77 #10 of 40 46 #40 of 73
Profitability 44 #23 of 40 34 #60 of 91
Financial Health 15 #36 of 42 45 #72 of 130
Shareholder Returns 39 #25 of 40 23 #32 of 41
Overall 46 44
  • MFC ranked among 46 companies in Insurance
  • BN ranked among 166 companies in Asset and Wealth Management

Price Performance

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

Returns

PeriodMFCBNSPY
1 month +1.8%+2.9% -0.8%
3 months +1.4%-9.8% +3.5%
6 months +15.7%-15.3% +7.0%
Year to date +23.1%-17.3% +12.2%
1 year +37.0%-17.8% +13.0%
3 years +160.5%+95.3% +86.3%
3 years, per year +37.6%+25.0% +23.1%
5 years +124.0%+16.1% +68.6%
5 years, per year +17.5%+3.0% +11.0%
10 years +206.5%+200.7% +258.0%
10 years, per year +11.9%+11.6% +13.6%

Risk

MeasureMFCBNSPY
Volatility, 1Y 20.2%27.7% 12.7%
Downside volatility, 1Y 21.3%29.0% 12.7%
Beta vs S&P 500, 1Y 0.731.37 1.00
Return / volatility, 1Y 1.83-0.64 1.02
Max drawdown, 5Y -29.9%-42.8% -25.4%
From 52-week high -2.1%-22.8% -1.8%
52-week high $45.60$49.17 $779.14
52-week low $32.15$35.94 $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.

MultipleMFCBN
P/E now vs peer median 16.0xmedian 10.0x 67.9xmedian 41.7x
P/S now vs peer median 1.6xmedian 1.1x 1.1xmedian 11.0x
EV/EBITDA now vs peer median —median 4.5x —median 12.4x
P/FCF now vs peer median 3.3xmedian 8.9x —median 17.0x
P/B now vs peer median 2.0xmedian 1.2x 20.9xmedian 1.7x
PEG now vs peer median 0.72median 0.71 -0.71median 0.92

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 monthsMFCBN
Revenue $47.47B $76.56B
Net income $4.76B $3.71B
Free cash flow $23.26B –
EPS (diluted) $2.78 $0.53
Cash & equivalents – $14.89B
Total debt $185.03B $59.07B
Shares (diluted) 1.71B 2.37B
Enterprise value -$17.67B -$97.80B

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
MetricMFCBN
P/E 16.0x 67.9x
P/FCF 3.3x –
P/Operating cash flow 3.3x –
P/S 1.6x 1.1x
P/B 2.0x 20.9x
P/Tangible book 2.0x -2.6x
EV/EBITDA – –
EV/EBIT 14.5x –
EV/Revenue 2.2x 0.7x
EV/FCF 4.4x –
EV/Operating cash flow 4.4x –
PEG (3Y EPS CAGR) 0.72 -0.71

Growth

14 metrics
MetricMFCBN
Revenue growth (1Y) 19.7% -9.6%
Revenue CAGR (3Y) 13.5% -4.2%
Gross profit growth (1Y) – –
Gross profit CAGR (3Y) – –
Operating income growth (1Y) – –
Operating income CAGR (3Y) – –
Net income growth (1Y) -19.1% 28.4%
Net income CAGR (3Y) 68.2% 11.2%
EPS growth (1Y) 14.8% 65.8%
EPS CAGR (3Y) 22.3% -95.3%
Operating cash flow growth (1Y) 139.4% –
Operating cash flow CAGR (3Y) 40.5% –
Free cash flow growth (1Y) 139.4% –
Free cash flow CAGR (3Y) 40.5% –

Profitability

14 metrics
MetricMFCBN
Gross margin – –
EBITDA margin – –
Operating margin – –
Pretax margin 12.8% –
Net margin 10.0% 1.6%
FCF margin 49.0% –
Operating cash flow margin 49.0% –
Return on equity 9.2% 4.3%
Return on assets 0.5% 0.7%
Return on invested capital – –
Return on capital employed – –
Asset turnover 0.1x 0.1x
Cash conversion (OCF / net income) 4.9x –
Stock comp / revenue – –

Financial Health

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

Shareholder Returns

7 metrics
MetricMFCBN
Dividend yield 4.2% 0.7%
Net buyback yield 2.1% –
Shareholder yield 6.4% 0.7%
Payout ratio (earnings) 46.9% –
Payout ratio (FCF) 9.6% –
Dividend growth (1Y) -181.7% –
Dividend CAGR (3Y) – –

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.

ConsensusMFCBN
Forward P/E 13.5xFY2026 13.7xFY2026
EPS, next fiscal year $3.30FY2026 $2.78FY2026
EPS growth, next FY +7.5%FY2026 +23.6%FY2026
EPS growth, the year after +3.6% +12.6%
Revenue, next fiscal year $32.43BFY2026 $7.00BFY2026
Revenue growth, next FY +12.0%FY2026 +2.4%FY2026
Revenue growth, the year after +5.5% +21.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersMFCBN
Held by institutions 44.4% 66.5%
Institutions holding 810 930
Change in shares held, QoQ 0.0% +1.2%
Institutions buying 383 407
Institutions selling 227 317
Buyers to sellers 1.69 1.28

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.

MFCBN
MFC 1.00 0.40
BN 0.40 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, MFC and BN?

Brookfield (BN) is the largest by market capitalisation: Manulife Financial (MFC) $76.04B, Brookfield (BN) $85.29B.

Which stock is cheaper, MFC and BN?

Manulife Financial (MFC) trades on the lowest price-to-earnings ratio (Manulife Financial (MFC) 16.0x, Brookfield (BN) 67.9x). On next year's consensus earnings, Manulife Financial (MFC) is cheapest (Manulife Financial (MFC) 13.5x, Brookfield (BN) 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: Manulife Financial (MFC) +19.7%, Brookfield (BN) -9.6%.

Which company is more profitable?

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

Which stock has performed better?

Over the past year Manulife Financial (MFC) returned the most: Manulife Financial (MFC) +37.0%, Brookfield (BN) -17.8%. Over five years, Manulife Financial (MFC) compounded fastest (Manulife Financial (MFC) +17.5%/yr, Brookfield (BN) +3.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Manulife Financial (MFC) has the highest dividend yield: Manulife Financial (MFC) 4.21%, Brookfield (BN) 0.71%.

Which stock is riskier?

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

Do MFC and BN move together?

Their daily returns over the past year have a correlation of 0.40, a weak relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, MFC and BN?

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 9. 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.