Manulife Financial (MFC) Net Margin (2009 - 2026)
Manulife Financial (MFC) reported Net Margin of 10.52% for the quarter ended Jun 30, 2026, down 0.92 percentage points from 11.44% a year earlier but up 1.12 percentage points from the prior quarter.
Manulife Financial (MFC) Net Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Manulife Financial's Net Margin came in at 9.99%, down 0.47 percentage points year-over-year; for the year ended Dec 31, 2025, it was 68.54%, down 2.42 percentage points from the prior year.
- Net Margin has a five-year change of +61.10 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Net Margin came in at 70.97% in the year ended Dec 31, 2024 (-4.68 pp), 75.64% in the year ended Dec 31, 2023 (+111.84 pp), -36.19% in the year ended Dec 31, 2022 (-45.20 pp) and 9.00% in the year ended Dec 31, 2021 (+1.56 pp).
- Five-year quarterly Net Margin spans a low of -44.86% in the quarter ended Jun 30, 2022 and a high of 12.61% in the quarter ended Sep 30, 2024.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of +0.32 percentage points.
- The high point for year-over-year Net Margin in five years was the quarter ended Jun 30, 2023 (a gain of 53.33 percentage points); the low point was the quarter ended Mar 31, 2022 (a drop of 68.93 percentage points).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 9.40% (quarter ended Mar 31, 2026), 9.63% (quarter ended Dec 31, 2025) and 10.13% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 134.25 Bn | 80.84 Bn | 9.13 Bn | 18.05% |
| 2 | Progressive | 130.11 Bn | 105.94 Bn | 9.04 Bn | 14.02% |
| 3 | Marsh & Mclennan Companies | 85.37 Bn | 76.86 Bn | - | 17.10% |
| 4 | Travelers Companies | 78.59 Bn | 54.84 Bn | 6.23 Bn | 18.17% |
| 5 | Manulife Financial | 73.81 Bn | -21.07 Bn | - | 10.52% |
| 6 | Metlife | 64.37 Bn | -42.41 Bn | 7.82 Bn | 3.68% |
| 7 | Allstate | 60.65 Bn | 21.92 Bn | 8.73 Bn | 17.43% |
| 8 | Arthur J. Gallagher | 60.14 Bn | 54.55 Bn | - | 8.09% |
| 9 | Aon | 58.75 Bn | 51.97 Bn | - | 12.98% |
| 10 | Aflac | 58.63 Bn | 33.84 Bn | 2.27 Bn | 20.04% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.52% |
| Mar 31, 2026 | 9.40% |
| Dec 31, 2025 | 9.63% |
| Sep 30, 2025 | 10.13% |
| Jun 30, 2025 | 11.44% |
| Mar 31, 2025 | 4.04% |
| Dec 31, 2024 | 12.57% |
| Sep 30, 2024 | 12.61% |
| Jun 30, 2024 | 8.09% |
| Mar 31, 2024 | 6.77% |
| Dec 31, 2023 | 11.12% |
| Sep 30, 2023 | 11.10% |
| Jun 30, 2023 | 8.48% |
| Mar 31, 2023 | 11.15% |
| Dec 31, 2022 | 9.90% |
| Sep 30, 2022 | 4.44% |
| Jun 30, 2022 | -44.86% |
| Mar 31, 2022 | 81.82% |
| Dec 31, 2021 | -27.00% |
| Sep 30, 2021 | 8.22% |
Manulife Financial Net 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=net-margin&ticker=MFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=MFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();