Manulife Financial (MFC) Cost of Revenue (2009 - 2022)
Manulife Financial's Cost of Revenue came in at -$6.24 billion for the quarter ended Dec 31, 2022, compared with $11.56 billion a year earlier.
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Analysis
Manulife Financial (MFC) Cost of Revenue (2009 - 2022) Analysis & Trends
For the year ended Dec 31, 2022, Manulife Financial's Cost of Revenue was $7.15 billion, down 75.0% from the prior year.
- Cost of Revenue has declined in each of the last three years, with a five-year compound annual growth rate of -25.1% (years ended Dec 2017 to Dec 2022).
- Going back by year, Cost of Revenue was $28.58 billion in the year ended Dec 31, 2021 (-30.7%), $41.23 billion in the year ended Dec 31, 2020 (-2.7%), $42.36 billion in the year ended Dec 31, 2019 (+244.2%) and $12.3 billion in the year ended Dec 31, 2018 (-59.4%).
- The figure for the quarter ended Dec 31, 2022 represents the lowest quarterly Cost of Revenue in data going back to the quarter ended Dec 31, 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 the quarter ended Sep 30, 2019 (growth of 840.5%), and the weakest in the quarter ended Sep 30, 2022 (a decline of 83.3%).
- Business Quant data shows MFC's Cost of Revenue at $1.35 billion (quarter ended Sep 30, 2022), $6.2 billion (quarter ended Jun 30, 2022) and $9.18 billion (quarter ended Mar 31, 2022) in the three quarters before the quarter ended Dec 31, 2022.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.30 Bn | 80.89 Bn | 9.13 Bn | 6.69 Bn |
| 2 | Progressive | 130.32 Bn | 106.15 Bn | 9.04 Bn | 14.57 Bn |
| 3 | Marsh & Mclennan Companies | 85.17 Bn | 76.66 Bn | - | - |
| 4 | Travelers Companies | 78.40 Bn | 54.65 Bn | 6.23 Bn | 5.92 Bn |
| 5 | Manulife Financial | 73.81 Bn | -21.07 Bn | - | - |
| 6 | Metlife | 64.41 Bn | -42.37 Bn | 7.82 Bn | 11.34 Bn |
| 7 | Allstate | 60.46 Bn | 21.73 Bn | 8.73 Bn | 9.86 Bn |
| 8 | Arthur J. Gallagher | 60.04 Bn | 54.44 Bn | - | - |
| 9 | Aon | 58.69 Bn | 51.91 Bn | - | - |
| 10 | Aflac | 58.66 Bn | 33.88 Bn | 2.27 Bn | 1.85 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MFC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();