Manulife Financial MFC
NYSE MFC
$43.24 -0.75 (-1.70%)
At close: Nov 6, 2026 · 4:00 PM EST

Manulife Financial (MFC) Cost of Revenue (2009 - 2022)

Updated

Manulife Financial's Cost of Revenue came in at -$6.24 billion for Q4 2022, compared with $11.56 billion a year earlier.

Analysis

Manulife Financial (MFC) Cost of Revenue (2009 - 2022) Analysis & Trends

For FY2022, Manulife Financial's Cost of Revenue was $7.15 billion, down 75.0% from FY2021.

  • Cost of Revenue has declined in each of the last three years, with a five-year compound annual growth rate of -25.1% (FY2017 to FY2022).
  • Going back by year, Cost of Revenue was $28.58 billion in FY2021 (-30.7%), $41.23 billion in FY2020 (-2.2%), $42.14 billion in FY2019 (+242.5%) and $12.3 billion in FY2018 (-59.4%).
  • The Q4 2022 figure represents the lowest quarterly Cost of Revenue in data going back to Q4 2009.
  • Year-over-year, Cost of Revenue increased in three of the last seven quarters, with an average decline of 6.9%.
  • The fastest year-over-year change in Cost of Revenue over five years came in Q3 2019 (growth of 840.5%), and the weakest in Q3 2022 (a decline of 83.3%).
  • Business Quant data shows MFC's Cost of Revenue at $1.35 billion (Q3 2022), $6.2 billion (Q2 2022) and $9.18 billion (Q1 2022) in the three quarters before Q4 2022.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Chubb 140.76 Bn 86.40 Bn 8.67 Bn 7.53 Bn
2 Progressive 132.42 Bn 107.94 Bn 8.29 Bn 14.90 Bn
3 Marsh & Mclennan Companies 97.25 Bn 89.41 Bn - -
4 Travelers Companies 81.75 Bn 59.24 Bn 5.93 Bn 6.49 Bn
5 Manulife Financial 73.54 Bn -21.96 Bn - -
6 Arthur J. Gallagher 72.19 Bn 66.78 Bn - -
7 Aon 71.05 Bn 50.25 Bn - -
8 Allstate 64.22 Bn 24.06 Bn 7.41 Bn 9.94 Bn
9 Metlife 63.14 Bn -43.64 Bn 7.82 Bn 11.34 Bn
10 Aflac 61.62 Bn 37.98 Bn 1.87 Bn 1.44 Bn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2022 -6.24 Bn
Sep 30, 2022 1.35 Bn
Jun 30, 2022 6.20 Bn
Mar 31, 2022 9.18 Bn
Dec 31, 2021 11.56 Bn
Sep 30, 2021 8.06 Bn
Jun 30, 2021 14.74 Bn
Mar 31, 2021 5.54 Bn
Dec 31, 2020 8.74 Bn
Sep 30, 2020 5.30 Bn
Jun 30, 2020 16.36 Bn
Mar 31, 2020 10.51 Bn
Dec 31, 2019 4.00 Bn
Sep 30, 2019 13.31 Bn
Jun 30, 2019 12.12 Bn
Mar 31, 2019 12.67 Bn
Dec 31, 2018 2.62 Bn
Sep 30, 2018 1.42 Bn
Jun 30, 2018 5.99 Bn
Mar 31, 2018 2.29 Bn
API Access

Manulife Financial Cost of Revenue API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MFC&period=max&api_key=YOUR_API_KEY