Manulife Financial (MFC) Operating Expenses (2009 - 2026)
Manulife Financial (MFC) recorded Operating Expenses of -$902.21 million in the quarter ended Jun 30, 2026, compared with -$822.75 million a year earlier.
Manulife Financial (MFC) Operating Expenses (2009 - 2026) Analysis & Trends
On a TTM basis, Manulife Financial's Operating Expenses came in at -$3.67 billion as of Jun 30, 2026; for the year ended Dec 31, 2025, it came in at -$3.52 billion.
- Across earlier years, Operating Expenses came in at -$3.52 billion in the year ended Dec 31, 2024, -$3.21 billion in the year ended Dec 31, 2023, -$2.87 billion in the year ended Dec 31, 2022 and $6.25 billion in the year ended Dec 31, 2021 (+11.4%).
- Quarterly Operating Expenses has ranged from -$6.9 billion in the quarter ended Dec 31, 2022 to $1.59 billion in the quarter ended Dec 31, 2021 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$912.24 million (quarter ended Mar 31, 2026), -$960.18 million (quarter ended Dec 31, 2025) and -$895.21 million (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Chubb | 142.34 Bn | 87.98 Bn | 8.67 Bn | 12.79 Bn |
| 2 | Progressive | 136.64 Bn | 136.64 Bn | - | 19.96 Bn |
| 3 | Marsh & Mclennan Companies | 98.05 Bn | 90.21 Bn | - | 5.65 Bn |
| 4 | Travelers Companies | 84.07 Bn | 84.07 Bn | - | 10.04 Bn |
| 5 | Manulife Financial | 76.36 Bn | -18.52 Bn | - | 902.21 Mn |
| 6 | Arthur J. Gallagher | 71.85 Bn | 71.85 Bn | - | - |
| 7 | Aon | 70.83 Bn | 50.04 Bn | - | 3.29 Bn |
| 8 | Allstate | 67.61 Bn | 28.88 Bn | 8.73 Bn | 14.45 Bn |
| 9 | Metlife | 64.94 Bn | -41.84 Bn | 7.82 Bn | 18.12 Bn |
| 10 | Aflac | 62.72 Bn | 37.94 Bn | 2.27 Bn | 3.12 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 902.21 Mn |
| Mar 31, 2026 | 912.24 Mn |
| Dec 31, 2025 | 942.97 Mn |
| Sep 30, 2025 | 895.21 Mn |
| Jun 30, 2025 | 822.75 Mn |
| Mar 31, 2025 | 837.69 Mn |
| Dec 31, 2024 | 913.42 Mn |
| Sep 30, 2024 | 867.94 Mn |
| Jun 30, 2024 | 895.65 Mn |
| Mar 31, 2024 | 817.81 Mn |
| Dec 31, 2023 | 840.31 Mn |
| Sep 30, 2023 | 777.26 Mn |
| Jun 30, 2023 | 760.83 Mn |
| Mar 31, 2023 | 803.31 Mn |
| Dec 31, 2022 | -1.41 Bn |
| Sep 30, 2022 | 1.46 Bn |
| Jun 30, 2022 | 1.45 Bn |
| Mar 31, 2022 | 1.50 Bn |
| Dec 31, 2021 | 1.59 Bn |
| Sep 30, 2021 | 1.51 Bn |
Manulife Financial Operating Expenses 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=operating-expenses&ticker=MFC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=MFC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();