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 | 134.30 Bn | 80.89 Bn | 9.13 Bn | 12.19 Bn |
| 2 | Progressive | 130.32 Bn | 106.15 Bn | 9.04 Bn | 19.40 Bn |
| 3 | Marsh & Mclennan Companies | 85.17 Bn | 76.66 Bn | - | 5.51 Bn |
| 4 | Travelers Companies | 78.40 Bn | 54.65 Bn | 6.23 Bn | 9.39 Bn |
| 5 | Manulife Financial | 73.81 Bn | -21.07 Bn | - | -902.21 Mn |
| 6 | Metlife | 64.41 Bn | -42.37 Bn | 7.82 Bn | 18.12 Bn |
| 7 | Allstate | 60.46 Bn | 21.73 Bn | 8.73 Bn | 14.45 Bn |
| 8 | Arthur J. Gallagher | 60.04 Bn | 54.44 Bn | - | 3.59 Bn |
| 9 | Aon | 58.69 Bn | 51.91 Bn | - | 3.33 Bn |
| 10 | Aflac | 58.66 Bn | 33.88 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 | -960.18 Mn |
| Sep 30, 2025 | -895.21 Mn |
| Jun 30, 2025 | -822.75 Mn |
| Mar 31, 2025 | -837.69 Mn |
| Dec 31, 2024 | -987.87 Mn |
| Sep 30, 2024 | -897.26 Mn |
| Jun 30, 2024 | -895.65 Mn |
| Mar 31, 2024 | -817.81 Mn |
| Dec 31, 2023 | -893.20 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();