Manulife Financial Corp (MNUFF) Return on Invested Capital [ROIC] (2009 - 2025)
Manulife Financial's Return on Invested Capital [ROIC] was 11.21% in the quarter ended Jun 30, 2026, up 17.23 percentage points from -6.02% a year earlier and up 0.64 percentage points from the prior quarter.
Manulife Financial Corp (MNUFF) Return on Invested Capital [ROIC] (2009 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Return on Invested Capital [ROIC] at Manulife Financial came in at 9.29%, up 20.86 percentage points from the prior year.
- Return on Invested Capital [ROIC] shows a five-year change of +25.04 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Return on Invested Capital [ROIC] was -11.56% in the year ended Dec 31, 2024 (+0.21 pp), -11.78% in the year ended Dec 31, 2023 (-14.81 pp), 3.04% in the year ended Dec 31, 2022 (+19.59 pp) and -16.55% in the year ended Dec 31, 2021 (-0.81 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between -56.34% (the quarter ended Sep 30, 2021) and 108.41% (the quarter ended Sep 30, 2023) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for three straight quarters, with an average year-over-year change of -14.27 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was the quarter ended Sep 30, 2023 (a gain of 112.15 percentage points); the worst was the quarter ended Sep 30, 2021 (a drop of 111.12 percentage points).
- Per Business Quant data, MNUFF's Return on Invested Capital [ROIC] in the three quarters before the quarter ended Jun 30, 2026 was 10.57% (quarter ended Mar 31, 2026), 13.21% (quarter ended Dec 31, 2025) and -10.50% (quarter ended Sep 30, 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 4.16% |
| Sep 30, 2025 | 6.68% |
| Jun 30, 2025 | 8.14% |
| Mar 31, 2025 | 7.52% |
| Dec 31, 2024 | 7.89% |
| Sep 30, 2024 | 7.70% |
| Jun 30, 2024 | 6.77% |
| Mar 31, 2024 | 6.90% |
| Dec 31, 2023 | 7.45% |
| Sep 30, 2023 | 21.30% |
| Jun 30, 2023 | 26.23% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 11.27% |
| Sep 30, 2022 | -4.15% |
| Jun 30, 2022 | -7.83% |
| Mar 31, 2022 | -0.77% |
| Dec 31, 2021 | -1.90% |
| Sep 30, 2021 | 41.03% |
| Jun 30, 2021 | 6.17% |
| Mar 31, 2021 | 2.48% |
Manulife Financial Corp Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=MNUFF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MNUFF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MNUFF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();