Manulife Financial (MFC) Interest Coverage Ratio (2009 - 2026)
Manulife Financial's Interest Coverage Ratio came in at 1.22 for Q3 2026, down 74.4% from 4.74 a year earlier and down 80.2% from the prior quarter.
Manulife Financial (MFC) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Manulife Financial reported Interest Coverage Ratio of 8.35, up 65.8% year-over-year; for FY2025, it came in at 5.64, up 8.0% from FY2024.
- Going back by year, Interest Coverage Ratio was 5.22 in FY2024 (+1.3%), 5.15 in FY2023, -6.51 in FY2022 and 17.97 in FY2021 (+31.3%).
- The Q3 2026 figure represents the lowest quarterly Interest Coverage Ratio since Q1 2025.
- Year-over-year, Interest Coverage Ratio increased in four of the last eight quarters, with growth averaging 30.8%.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in Q1 2026 (growth of 227.9%), and the weakest in Q4 2023 (a decline of 98.9%).
- Business Quant data shows MFC's Interest Coverage Ratio at 6.14 (Q2 2026), 2.77 (Q1 2026) and 1.72 (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 141.21 Bn | 86.85 Bn | 8.67 Bn | 17.68 |
| 2 | Progressive | 133.70 Bn | 109.22 Bn | 8.29 Bn | 38.20 |
| 3 | Marsh & Mclennan Companies | 97.89 Bn | 90.05 Bn | - | 4.90 |
| 4 | Travelers Companies | 82.41 Bn | 59.89 Bn | 5.93 Bn | 21.08 |
| 5 | Manulife Financial | 73.64 Bn | -21.87 Bn | - | 1.22 |
| 6 | Arthur J. Gallagher | 72.55 Bn | 67.14 Bn | - | 4.07 |
| 7 | Aon | 71.26 Bn | 50.46 Bn | - | 3.93 |
| 8 | Allstate | 64.79 Bn | 24.63 Bn | 7.41 Bn | 27.98 |
| 9 | Metlife | 63.66 Bn | -43.12 Bn | 7.82 Bn | 1.34 |
| 10 | Aflac | 61.95 Bn | 38.31 Bn | 1.87 Bn | -12.94 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.22 |
| Jun 30, 2026 | 6.14 |
| Mar 31, 2026 | 2.77 |
| Dec 31, 2025 | 1.72 |
| Sep 30, 2025 | 4.74 |
| Jun 30, 2025 | 5.32 |
| Mar 31, 2025 | 0.84 |
| Dec 31, 2024 | 1.72 |
| Sep 30, 2024 | 4.70 |
| Jun 30, 2024 | 2.25 |
| Mar 31, 2024 | 1.95 |
| Dec 31, 2023 | 1.78 |
| Sep 30, 2023 | 1.82 |
| Jun 30, 2023 | 2.77 |
| Mar 31, 2023 | 3.68 |
| Dec 31, 2022 | 167.69 |
| Sep 30, 2022 | 15.78 |
| Jun 30, 2022 | -15.80 |
| Mar 31, 2022 | -30.42 |
| Dec 31, 2021 | 8.55 |
Manulife Financial Interest Coverage Ratio 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=interest-coverage-ratio&ticker=MFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=MFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();