Manulife Financial (MFC) Free Cash Flow (2009 - 2026)
Manulife Financial's Free Cash Flow came in at $3 billion for the quarter ended Jun 30, 2026, up 62.0% from $1.85 billion a year earlier but down 0.6% from the prior quarter.
Manulife Financial (MFC) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Manulife Financial reported Free Cash Flow of $11.11 billion, up 14.3% year-over-year; for the year ended Dec 31, 2025, it was $10.85 billion, up 17.3% from the prior year.
- Free Cash Flow carries a five-year compound annual growth rate of -5.8% (years ended Dec 2020 to Dec 2025).
- Going back by year, Free Cash Flow was $9.26 billion in the year ended Dec 31, 2024 (-9.4%), $10.21 billion in the year ended Dec 31, 2023 (+1.8%), $10.04 billion in the year ended Dec 31, 2022 (-47.3%) and $19.03 billion in the year ended Dec 31, 2021 (+30.2%).
- The five-year range for quarterly Free Cash Flow is -$4.23 billion (the quarter ended Dec 31, 2022) to $5.23 billion (the quarter ended Sep 30, 2021).
- Year-over-year, Free Cash Flow increased in two of the last four quarters, with growth averaging 54.5%.
- The fastest year-over-year change in Free Cash Flow over five years came in the quarter ended Jun 30, 2024 (growth of 257.3%), and the weakest in the quarter ended Jun 30, 2023 (a decline of 84.6%).
- Business Quant data shows MFC's Free Cash Flow at $3.02 billion (quarter ended Mar 31, 2026), $2.01 billion (quarter ended Dec 31, 2025) and $3.07 billion (quarter ended Sep 30, 2025) in the three quarters before the quarter ended Jun 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.61 Bn | 81.20 Bn | 9.13 Bn | 3.73 Bn |
| 2 | Progressive | 130.24 Bn | 106.07 Bn | 9.04 Bn | 3.47 Bn |
| 3 | Marsh & Mclennan Companies | 85.38 Bn | 76.87 Bn | - | 1.45 Bn |
| 4 | Travelers Companies | 78.55 Bn | 54.80 Bn | 6.23 Bn | 1.91 Bn |
| 5 | Manulife Financial | 73.82 Bn | -21.07 Bn | - | 3.00 Bn |
| 6 | Metlife | 64.58 Bn | -42.20 Bn | 7.82 Bn | 1.94 Bn |
| 7 | Allstate | 60.53 Bn | 21.80 Bn | 8.73 Bn | 2.59 Bn |
| 8 | Arthur J. Gallagher | 60.11 Bn | 54.51 Bn | - | -41.00 Mn |
| 9 | Aon | 58.78 Bn | 52.00 Bn | - | 483.00 Mn |
| 10 | Aflac | 58.67 Bn | 33.88 Bn | 2.27 Bn | 112.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.00 Bn |
| Mar 31, 2026 | 3.02 Bn |
| Dec 31, 2025 | 2.01 Bn |
| Sep 30, 2025 | 3.07 Bn |
| Jun 30, 2025 | 1.85 Bn |
| Mar 31, 2025 | 3.88 Bn |
| Dec 31, 2024 | 14.62 Bn |
| Jun 30, 2024 | 2.73 Bn |
| Mar 31, 2024 | 1.25 Bn |
| Dec 31, 2023 | 9.27 Bn |
| Sep 30, 2023 | -23.87 Mn |
| Jun 30, 2023 | 765.30 Mn |
| Mar 31, 2023 | 4.58 Bn |
| Dec 31, 2022 | -4.05 Bn |
| Sep 30, 2022 | 4.63 Bn |
| Jun 30, 2022 | 4.98 Bn |
| Mar 31, 2022 | 5.06 Bn |
| Dec 31, 2021 | 4.61 Bn |
| Sep 30, 2021 | 5.23 Bn |
| Jun 30, 2021 | 4.45 Bn |
Manulife Financial Free Cash Flow 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=free-cash-flow&ticker=MFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=MFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();