Manulife Financial (MNUFF) Operating Margin (2009 - 2026)
Manulife Financial's (MNUFF) quarterly Operating Margin came in at 51.31% in Q2 2026, up 785.0% year-over-year from 5.8% in Q2 2025, and up 117.45% quarter-over-quarter from 23.6% in Q1 2026.
Analysis
Manulife Financial (MNUFF) Operating Margin (2009 - 2026) Analysis & Trends
Manulife Financial has disclosed Operating Margin across 18 years of filings, most recently posting 51.31% for Q2 2026.
- In Q2 2026, Operating Margin rose 785.0% year-over-year to 51.31%; the TTM figure through Jun 2026 stood at 41.72% (up 568.0% YoY), while the FY2025 annual figure was 125.94%, up 2122.0% from the prior year.
- Operating Margin came in at 51.31% for Q2 2026 at Manulife Financial, up from 23.6% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 51.31% in Q2 2026 to a low of 51.95% in Q2 2022.
- Average Operating Margin over 5 years is 26.78%, with a median of 35.07% recorded in 2024.
- The largest YoY upside for Operating Margin was 84901 bps in 2022 against a maximum downside of 6233 bps in 2022.
- Over 5 years, Operating Margin stood at 15.59% in 2022, then soared by 192 bps to 45.48% in 2023, then declined by 29 bps to 32.18% in 2024, then climbed by 20 bps to 38.59% in 2025, then soared by 33 bps to 51.31% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 51.31% in Q2 2026, 23.6% in Q1 2026, and 38.59% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Metlife | 61.30 Bn | 33.99 Bn | 7.82 Bn | 34.99% |
| 2 | Manulife Financial | 24.69 Bn | 25.90 Bn | - | 51.31% |
| 3 | Equitable Holdings | 14.45 Bn | -4.48 Bn | 1.22 Bn | -55.97% |
| 4 | Jackson Financial | 9.67 Bn | 3.69 Bn | - | 552.38% |
| 5 | Corebridge Financial | 9.42 Bn | -296.20 Bn | 2.79 Bn | 81.50% |
| 6 | Primerica | 8.96 Bn | 8.33 Bn | 717.74 Mn | 5.06% |
| 7 | Brookfield Wealth Solutions | 8.67 Bn | -4.11 Bn | 1.92 Bn | 50.77% |
| 8 | Sun Life Financial | 8.56 Bn | 3.96 Bn | - | - |
| 9 | Lincoln National | 8.39 Bn | -3.29 Bn | 2.62 Bn | 35.78% |
| 10 | Prudential Financial | 5.26 Bn | -26.66 Bn | 7.91 Bn | 36.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.31% |
| Mar 31, 2026 | 23.60% |
| Dec 31, 2025 | 38.59% |
| Sep 30, 2025 | 46.14% |
| Jun 30, 2025 | 43.46% |
| Mar 31, 2025 | 24.56% |
| Dec 31, 2024 | 32.18% |
| Sep 30, 2024 | 40.53% |
| Jun 30, 2024 | 35.04% |
| Mar 31, 2024 | 35.11% |
| Dec 31, 2023 | 45.48% |
| Sep 30, 2023 | 13.86% |
| Jun 30, 2023 | 39.86% |
| Mar 31, 2023 | 40.87% |
| Dec 31, 2022 | 15.59% |
| Sep 30, 2022 | 25.55% |
| Jun 30, 2022 | -51.95% |
| Mar 31, 2022 | -17.74% |
| Dec 31, 2021 | 9.49% |
| Sep 30, 2021 | 8.22% |