Manulife Financial Corp (MFC) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.164x

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.

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. Explore and compare other companies by cash flow conversion efficiency.

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.

Company	Cash Flow Conversion Efficiency
Atlas Copco A ADR F:ACO	0.076x
Phillips 66 NYSE:PSX	0.098x
Robinhood Markets Inc NASDAQ:HOOD	-0.102x
Republic Services Inc NYSE:RSG	0.082x
Truist Financial Corp NYSE:TFC	0.023x
TC Energy Corp TO:TRP	0.051x
ENGIE ADR/1 EO 1 F:GZFB	N/A
Elevance Health Inc NYSE:ELV	0.002x

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.

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

TO:MFC Canada Insurance - Life

Market Cap

$64.19 Billion

CA$88.73 Billion CAD

Market Cap Rank

#414 Global

#15 in Canada

Share Price

CA$52.92

Change (1 day)

-0.09%

52-Week Range

CA$41.19 - CA$53.33

All Time High

CA$53.33