Manulife Financial Corp Cash Flow Conversion Efficiency

Latest as of June 2026: 0.165x

Manulife Financial Corp cash flow conversion efficiency. Based on the latest financial reports, Manulife Financial Corp (MFC) has a cash flow conversion efficiency ratio of 0.165x as of June 2026. 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$9.08 Billion ≈ $6.57 Billion USD) by net assets (CA$54.93 Billion ≈ $39.73 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Cash Flow Conversion Efficiency of Manulife Financial Corp (1998–2025)

Cash flow conversion efficiency of Manulife Financial Corp from 1998 to 2025. This chart illustrates how Manulife Financial Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest Manulife Financial Corp stock price today for real-time trading data and today's change.

Manulife Financial Corp Cash Flow Conversion Ratio Explained

Manulife Financial Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see MFC stock market capitalisation for the company's overall valuation and market capitalisation.

Company Cash Flow Conversion Efficiency
Illinois Tool Works Inc
NYSE:ITW
0.249x
Caixabank SA
MC:CABK
0.011x
FedEx Corporation
NYSE:FDX
0.067x
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
0.018x
Schlumberger NV
NYSE:SLB
0.050x
DoorDash, Inc. Class A Common Stock
NASDAQ:DASH
0.095x
Norfolk Southern Corporation
NYSE:NSC
0.068x
Applovin Corp
NASDAQ:APP
0.275x

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. Review MFC FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.

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
$75.15 Billion
CA$103.89 Billion CAD
Market Cap Rank
#372 Global
#14 in Canada
Share Price
CA$62.80
Change (1 day)
+0.19%
52-Week Range
CA$45.34 - CA$63.81
All Time High
CA$63.81
About

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