Manulife Financial (MFC) Cost of Revenue (2009 - 2022)
Manulife Financial (MFC) posted Cost of Revenue of -$6.2 billion for Q4 2022, down 562.45% sequentially from $1.3 billion in Q3 2022, and down 153.99% YoY from $11.6 billion in Q4 2021.
Manulife Financial (MFC) Cost of Revenue (2009 - 2022) Analysis & Trends
Manulife Financial has reported Cost of Revenue for 14 years, with the latest figure at -$6.2 billion in Q4 2022.
- Quarterly Cost of Revenue fell 153.99% year-over-year to -$6.2 billion in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $10.5 billion (down 73.71% YoY) and the FY2022 annual result came in at $7.2 billion, down 74.98% from the prior year.
- Cost of Revenue eased to -$6.2 billion in Q4 2022 per MFC's latest filing, from $1.3 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $16.4 billion in Q2 2020 and troughed at -$6.2 billion in Q4 2022.
- A 5-year average of $7.3 billion and a median of $7.1 billion in 2021 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2019 and 2022: Cost of Revenue surged 840.51% in 2019, then slumped 153.99% in 2022.
- Over 5 years, Cost of Revenue stood at $2.6 billion in 2018, then soared by 52.68% to $4.0 billion in 2019, then surged by 118.39% to $8.7 billion in 2020, then jumped by 32.22% to $11.6 billion in 2021, then plunged by 153.99% to -$6.2 billion in 2022.
- According to Business Quant data, Cost of Revenue over the past three periods registered -$6.2 billion, $1.3 billion, and $6.2 billion for Q4 2022, Q3 2022, and Q2 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 70.91 Bn | 51.00 Bn | - | - |
| 2 | Metlife | 60.57 Bn | 33.25 Bn | 7.82 Bn | 11.34 Bn |
| 3 | Aflac | 58.53 Bn | -44.47 Bn | 2.27 Bn | 1.85 Bn |
| 4 | Prudential | 36.24 Bn | 27.92 Bn | - | - |
| 5 | Unum | 13.96 Bn | 4.41 Bn | 1.38 Bn | 1.99 Bn |
| 6 | Primerica | 9.20 Bn | 8.57 Bn | 717.74 Mn | 147.33 Mn |
| 7 | Jackson Financial | 9.15 Bn | 3.17 Bn | - | - |
| 8 | Lincoln National | 8.14 Bn | -3.54 Bn | 2.62 Bn | 1.92 Bn |
| 9 | Genworth Financial | 3.77 Bn | 1.78 Bn | 668.00 Mn | 1.23 Bn |
| 10 | Brighthouse Financial | 3.00 Bn | -5.06 Bn | 1.03 Bn | 591.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2022 | -6.24 Bn |
| Dec 31, 2022 | -6.24 Bn |
| Sep 30, 2022 | 1.35 Bn |
| Sep 30, 2022 | 1.35 Bn |
| Jun 30, 2022 | 6.20 Bn |
| Jun 30, 2022 | 6.20 Bn |
| Mar 31, 2022 | 9.18 Bn |
| Mar 31, 2022 | 9.18 Bn |
| Dec 31, 2021 | 11.56 Bn |
| Dec 31, 2021 | 11.56 Bn |
| Sep 30, 2021 | 8.06 Bn |
| Sep 30, 2021 | 8.06 Bn |
| Jun 30, 2021 | 14.74 Bn |
| Jun 30, 2021 | 14.74 Bn |
| Mar 31, 2021 | 5.54 Bn |
| Mar 31, 2021 | 5.54 Bn |
| Dec 31, 2020 | 8.74 Bn |
| Dec 31, 2020 | 8.74 Bn |
| Sep 30, 2020 | 5.30 Bn |
| Sep 30, 2020 | 5.30 Bn |