Manulife Financial Corp (MFC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Manulife Financial Corp (MFC) has a cash flow conversion efficiency ratio of 0.164x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$8.61 Billion ≈ $6.23 Billion USD) by net assets (CA$52.49 Billion ≈ $37.97 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Manulife Financial Corp stock valuation for the company's overall valuation and market capitalisation.
Manulife Financial Corp - Cash Flow Conversion Efficiency Trend (1998–2025)
This chart illustrates how Manulife Financial Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Manulife Financial Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Manulife Financial Corp ranked by their cash flow conversion efficiency. Explore Manulife Financial Corp cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Schlumberger NV
NYSE:SLB
|
0.050x |
|
United Parcel Service Inc
NYSE:UPS
|
0.059x |
|
Illinois Tool Works Inc
NYSE:ITW
|
0.249x |
|
Natwest Group PLC
NYSE:NWG
|
0.161x |
|
Norfolk Southern Corporation
NYSE:NSC
|
0.068x |
|
Infineon Technologies AG
F:IFXA
|
0.062x |
|
Eni SpA ADR
NYSE:E
|
0.077x |
|
Northrop Grumman Corporation
NYSE:NOC
|
-0.097x |
Annual Cash Flow Conversion Efficiency for Manulife Financial Corp (1998–2025)
The table below shows the annual cash flow conversion efficiency of Manulife Financial Corp from 1998 to 2025. View MFC stock price and chart for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$52.49 Billion ≈ $37.97 Billion |
CA$32.10 Billion ≈ $23.22 Billion |
0.612x | +22.27% |
| 2024-12-31 | CA$52.96 Billion ≈ $38.31 Billion |
CA$26.49 Billion ≈ $19.17 Billion |
0.500x | +19.36% |
| 2023-12-31 | CA$48.73 Billion ≈ $35.25 Billion |
CA$20.42 Billion ≈ $14.77 Billion |
0.419x | +42.11% |
| 2022-12-31 | CA$56.38 Billion ≈ $40.78 Billion |
CA$16.63 Billion ≈ $12.03 Billion |
0.295x | -25.02% |
| 2021-12-31 | CA$58.87 Billion ≈ $42.58 Billion |
CA$23.16 Billion ≈ $16.75 Billion |
0.393x | +3.99% |
| 2020-12-31 | CA$53.01 Billion ≈ $38.34 Billion |
CA$20.05 Billion ≈ $14.50 Billion |
0.378x | +1364.67% |
| 2019-12-31 | CA$795.50 Billion ≈ $575.45 Billion |
CA$20.54 Billion ≈ $14.86 Billion |
0.026x | -93.65% |
| 2018-12-31 | CA$47.15 Billion ≈ $34.11 Billion |
CA$19.19 Billion ≈ $13.88 Billion |
0.407x | -3.56% |
| 2017-12-31 | CA$42.16 Billion ≈ $30.50 Billion |
CA$17.79 Billion ≈ $12.87 Billion |
0.422x | +6.18% |
| 2016-12-31 | CA$42.82 Billion ≈ $30.98 Billion |
CA$17.02 Billion ≈ $12.31 Billion |
0.397x | +60.65% |
| 2015-12-31 | CA$41.94 Billion ≈ $30.34 Billion |
CA$10.37 Billion ≈ $7.50 Billion |
0.247x | -22.34% |
| 2014-12-31 | CA$33.93 Billion ≈ $24.54 Billion |
CA$10.81 Billion ≈ $7.82 Billion |
0.319x | -2.69% |
| 2013-12-31 | CA$29.03 Billion ≈ $21.00 Billion |
CA$9.50 Billion ≈ $6.87 Billion |
0.327x | -20.87% |
| 2012-12-31 | CA$26.10 Billion ≈ $18.88 Billion |
CA$10.79 Billion ≈ $7.81 Billion |
0.414x | -5.30% |
| 2011-12-31 | CA$24.88 Billion ≈ $18.00 Billion |
CA$10.87 Billion ≈ $7.86 Billion |
0.437x | +1.56% |
| 2010-12-31 | CA$26.87 Billion ≈ $19.44 Billion |
CA$11.56 Billion ≈ $8.36 Billion |
0.430x | +3.43% |
| 2009-12-31 | CA$28.91 Billion ≈ $20.91 Billion |
CA$12.02 Billion ≈ $8.70 Billion |
0.416x | +44.13% |
| 2008-12-31 | CA$27.45 Billion ≈ $19.86 Billion |
CA$7.92 Billion ≈ $5.73 Billion |
0.289x | -1.34% |
| 2007-12-31 | CA$24.48 Billion ≈ $17.71 Billion |
CA$7.16 Billion ≈ $5.18 Billion |
0.292x | +13.27% |
| 2006-12-31 | CA$25.86 Billion ≈ $18.71 Billion |
CA$6.68 Billion ≈ $4.83 Billion |
0.258x | -16.32% |
| 2005-12-31 | CA$23.97 Billion ≈ $17.34 Billion |
CA$7.40 Billion ≈ $5.35 Billion |
0.309x | +38.02% |
| 2004-12-31 | CA$24.49 Billion ≈ $17.71 Billion |
CA$5.47 Billion ≈ $3.96 Billion |
0.224x | -13.58% |
| 2003-12-31 | CA$10.29 Billion ≈ $7.45 Billion |
CA$2.66 Billion ≈ $1.93 Billion |
0.259x | +18.50% |
| 2002-12-31 | CA$9.81 Billion ≈ $7.09 Billion |
CA$2.14 Billion ≈ $1.55 Billion |
0.218x | +170.22% |
| 2001-12-31 | CA$9.36 Billion ≈ $6.77 Billion |
CA$-2.91 Billion ≈ $-2.10 Billion |
-0.311x | -234.66% |
| 2000-12-31 | CA$8.28 Billion ≈ $5.99 Billion |
CA$1.91 Billion ≈ $1.38 Billion |
0.231x | -36.78% |
| 1999-12-31 | CA$7.96 Billion ≈ $5.76 Billion |
CA$2.91 Billion ≈ $2.10 Billion |
0.365x | +22907.53% |
| 1998-12-31 | CA$6.81 Billion ≈ $4.93 Billion |
CA$-10.91 Million ≈ $-7.89 Million |
-0.002x | -- |
About Manulife Financial Corp
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail… Read more