Manulife Financial (MFC) Gross Margin (2009 - 2022)
Manulife Financial (MFC) reported Gross Margin of 191.69% for the quarter ended Dec 31, 2022, up 159.11 percentage points from 32.58% a year earlier and up 110.12 percentage points from the prior quarter.
Manulife Financial (MFC) Gross Margin (2009 - 2022) Analysis & Trends
For the year ended Dec 31, 2022, Manulife Financial posted Gross Margin of -50.32%, down 104.93 percentage points from the prior year.
- Gross Margin has a five-year change of -82.94 percentage points (years ended Dec 2017 to Dec 2022).
- By year, Gross Margin came in at 54.60% in the year ended Dec 31, 2021 (+24.60 pp), 30.00% in the year ended Dec 31, 2020 (+309.12 pp), -279.12% in the year ended Dec 31, 2019 (-157.03 pp) and -122.09% in the year ended Dec 31, 2018 (-154.71 pp).
- The figure for the quarter ended Dec 31, 2022 ranks as the highest quarterly Gross Margin since the quarter ended Dec 31, 2016.
- Year over year, Gross Margin gained in four of the last eight quarters, with an average year-over-year change of -1.84 percentage points.
- The high point for year-over-year Gross Margin in five years was the quarter ended Mar 31, 2022 (a gain of 249.35 percentage points); the low point was the quarter ended Mar 31, 2021 (a drop of 369.12 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Dec 31, 2022 came in at 81.56% (quarter ended Sep 30, 2022), -67.32% (quarter ended Jun 30, 2022) and -89.60% (quarter ended Mar 31, 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.07 Bn | 80.65 Bn | 9.13 Bn | 57.69% |
| 2 | Progressive | 129.71 Bn | 105.55 Bn | 9.04 Bn | 38.28% |
| 3 | Marsh & Mclennan Companies | 85.23 Bn | 76.72 Bn | - | - |
| 4 | Travelers Companies | 78.57 Bn | 54.82 Bn | 6.23 Bn | 51.27% |
| 5 | Manulife Financial | 73.77 Bn | -21.12 Bn | - | - |
| 6 | Metlife | 64.61 Bn | -42.17 Bn | 7.82 Bn | 40.82% |
| 7 | Allstate | 60.51 Bn | 21.78 Bn | 8.73 Bn | 46.97% |
| 8 | Arthur J. Gallagher | 59.88 Bn | 54.28 Bn | - | - |
| 9 | Aflac | 58.72 Bn | 33.93 Bn | 2.27 Bn | 55.02% |
| 10 | Aon | 58.62 Bn | 51.84 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 191.69% |
| Sep 30, 2022 | 81.56% |
| Jun 30, 2022 | -67.32% |
| Mar 31, 2022 | -152.85% |
| Dec 31, 2021 | 32.58% |
| Sep 30, 2021 | 36.51% |
| Jun 30, 2021 | 29.86% |
| Mar 31, 2021 | -338.95% |
| Dec 31, 2020 | 36.21% |
| Sep 30, 2020 | 47.16% |
| Jun 30, 2020 | 17.49% |
| Mar 31, 2020 | 30.17% |
| Dec 31, 2019 | 64.17% |
| Sep 30, 2019 | 22.37% |
| Jun 30, 2019 | 27.03% |
| Mar 31, 2019 | 28.46% |
| Dec 31, 2018 | 69.20% |
| Sep 30, 2018 | 77.00% |
| Jun 30, 2018 | 43.43% |
| Mar 31, 2018 | 66.96% |
Manulife Financial Gross Margin 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=gross-margin&ticker=MFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=MFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();