Manulife Financial Corp (MFC) — Financial Flexibility Index
Manulife Financial Corp (MFC) has a Financial Flexibility Index of 0.01x as of December 2025. Free cash flow of CA$8.61 Billion (operating CF CA$8.61 Billion minus capex CA$0.00) represents 0% of total liabilities (CA$972.95 Billion). Check total reinvestment intensity of Manulife Financial Corp to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Manulife Financial Corp Financial Flexibility Index (1998–2025)
Historical Financial Flexibility Index trend for Manulife Financial Corp across 28 annual periods. For the full cash flow conversion analysis, see Manulife Financial Corp (MFC) cash conversion ratio.
Annual Financial Flexibility Index for Manulife Financial Corp (1998–2025)
Year-by-year free cash flow to debt coverage for Manulife Financial Corp. Explore Manulife Financial Corp cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.03x | CA$32.10 Billion | CA$32.10 Billion | CA$972.95 Billion | ▲ +15.3% |
| 2024 | 0.03x | CA$26.49 Billion | CA$26.49 Billion | CA$925.86 Billion | ▲ +15.9% |
| 2023 | 0.02x | CA$20.42 Billion | CA$20.42 Billion | CA$826.85 Billion | ▼ -43.8% |
| 2022 | 0.04x | CA$34.83 Billion | CA$16.63 Billion | CA$792.56 Billion | ▼ -20.4% |
| 2021 | 0.06x | CA$47.41 Billion | CA$23.16 Billion | CA$858.77 Billion | ▲ +127.8% |
| 2020 | 0.02x | CA$20.05 Billion | CA$20.05 Billion | CA$827.34 Billion | ▼ -99.7% |
| 2019 | 7.42x | CA$101.15 Billion | CA$20.54 Billion | CA$13.63 Billion | ▲ +27084.4% |
| 2018 | 0.03x | CA$19.19 Billion | CA$19.19 Billion | CA$703.12 Billion | ▲ +5.4% |
| 2017 | 0.03x | CA$17.79 Billion | CA$17.79 Billion | CA$687.37 Billion | ▲ +3.1% |
| 2016 | 0.03x | CA$17.02 Billion | CA$17.02 Billion | CA$677.86 Billion | ▲ +60.4% |
| 2015 | 0.02x | CA$10.37 Billion | CA$10.37 Billion | CA$662.71 Billion | ▼ -21.0% |
| 2014 | 0.02x | CA$10.81 Billion | CA$10.81 Billion | CA$545.48 Billion | ▲ +1.0% |
| 2013 | 0.02x | CA$9.50 Billion | CA$9.50 Billion | CA$484.60 Billion | ▼ -16.4% |
| 2012 | 0.02x | CA$10.79 Billion | CA$10.79 Billion | CA$459.96 Billion | ▼ -5.6% |
| 2011 | 0.02x | CA$10.87 Billion | CA$10.87 Billion | CA$437.22 Billion | ▼ -92.9% |
| 2010 | 0.35x | CA$66.61 Billion | CA$11.56 Billion | CA$190.80 Billion | ▲ +411.8% |
| 2009 | 0.07x | CA$12.02 Billion | CA$12.02 Billion | CA$176.23 Billion | ▲ +58.1% |
| 2008 | 0.04x | CA$7.92 Billion | CA$7.92 Billion | CA$183.57 Billion | ▼ -8.4% |
| 2007 | 0.05x | CA$7.16 Billion | CA$7.16 Billion | CA$151.98 Billion | ▲ +13.1% |
| 2006 | 0.04x | CA$6.68 Billion | CA$6.68 Billion | CA$160.31 Billion | ▼ -11.1% |
| 2005 | 0.05x | CA$7.40 Billion | CA$7.40 Billion | CA$157.84 Billion | ▲ +36.8% |
| 2004 | 0.03x | CA$5.47 Billion | CA$5.47 Billion | CA$159.76 Billion | ▼ -13.5% |
| 2003 | 0.04x | CA$2.66 Billion | CA$2.66 Billion | CA$67.22 Billion | ▲ +32.1% |
| 2002 | 0.03x | CA$2.14 Billion | CA$2.14 Billion | CA$71.39 Billion | ▲ +171.4% |
| 2001 | -0.04x | CA$-2.91 Billion | CA$-2.91 Billion | CA$69.26 Billion | ▼ -214.0% |
| 2000 | 0.04x | CA$1.91 Billion | CA$1.91 Billion | CA$51.88 Billion | ▼ -38.0% |
| 1999 | 0.06x | CA$2.91 Billion | CA$2.91 Billion | CA$48.92 Billion | ▲ +25008.3% |
| 1998 | 0.00x | CA$-10.91 Million | CA$-10.91 Million | CA$45.69 Billion | — |