Manulife Financial Corp (MFC) — Net Asset Quality Index
Manulife Financial Corp (MFC) has a Net Asset Quality Index of 5.1% as of December 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.03 Trillion minus total liabilities of CA$972.95 Billion yields net assets of CA$52.49 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read Manulife Financial Corp debt and liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Manulife Financial Corp Net Asset Quality Index Over Time (1998–2025)
This chart shows how Manulife Financial Corp's Net Asset Quality Index has evolved across 28 annual periods from 1998 to 2025. As of December 2025, the index stands at 5.1%, representing net assets of CA$52.49 Billion against total assets of CA$1.03 Trillion CAD. For live market cap and overall valuation, see Manulife Financial Corp stock valuation.
Annual Net Asset Quality Index for Manulife Financial Corp (1998–2025)
The table below presents the year-by-year Net Asset Quality Index for Manulife Financial Corp from 1998 to 2025, covering 28 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check Manulife Financial Corp strategic capital allocation to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 5.1% | CA$52.49 Billion | CA$1.03 Trillion | CA$972.95 Billion | ▼ -0.3 pp |
| 2024 | 5.4% | CA$52.96 Billion | CA$978.82 Billion | CA$925.86 Billion | ▼ -0.2 pp |
| 2023 | 5.6% | CA$48.73 Billion | CA$875.57 Billion | CA$826.85 Billion | ▼ -1.1 pp |
| 2022 | 6.6% | CA$56.38 Billion | CA$848.94 Billion | CA$792.56 Billion | ▲ +0.2 pp |
| 2021 | 6.4% | CA$58.87 Billion | CA$917.64 Billion | CA$858.77 Billion | ▲ +0.4 pp |
| 2020 | 6.0% | CA$53.01 Billion | CA$880.35 Billion | CA$827.34 Billion | ▼ -92.3 pp |
| 2019 | 98.3% | CA$795.50 Billion | CA$809.13 Billion | CA$13.63 Billion | ▲ +92.0 pp |
| 2018 | 6.3% | CA$47.15 Billion | CA$750.27 Billion | CA$703.12 Billion | ▲ +0.5 pp |
| 2017 | 5.8% | CA$42.16 Billion | CA$729.53 Billion | CA$687.37 Billion | ▼ -0.2 pp |
| 2016 | 5.9% | CA$42.82 Billion | CA$720.68 Billion | CA$677.86 Billion | ▼ 0.0 pp |
| 2015 | 6.0% | CA$41.94 Billion | CA$704.64 Billion | CA$662.71 Billion | ▲ +0.1 pp |
| 2014 | 5.9% | CA$33.93 Billion | CA$579.41 Billion | CA$545.48 Billion | ▲ +0.2 pp |
| 2013 | 5.7% | CA$29.03 Billion | CA$513.63 Billion | CA$484.60 Billion | ▲ +0.3 pp |
| 2012 | 5.4% | CA$26.10 Billion | CA$486.06 Billion | CA$459.96 Billion | ▼ 0.0 pp |
| 2011 | 5.4% | CA$24.88 Billion | CA$462.10 Billion | CA$437.22 Billion | ▼ -7.0 pp |
| 2010 | 12.3% | CA$26.87 Billion | CA$217.67 Billion | CA$190.80 Billion | ▼ -1.7 pp |
| 2009 | 14.1% | CA$28.91 Billion | CA$205.14 Billion | CA$176.23 Billion | ▲ +1.1 pp |
| 2008 | 13.0% | CA$27.45 Billion | CA$211.03 Billion | CA$183.57 Billion | ▼ -0.9 pp |
| 2007 | 13.9% | CA$24.48 Billion | CA$176.46 Billion | CA$151.98 Billion | ▼ 0.0 pp |
| 2006 | 13.9% | CA$25.86 Billion | CA$186.17 Billion | CA$160.31 Billion | ▲ +0.7 pp |
| 2005 | 13.2% | CA$23.97 Billion | CA$181.81 Billion | CA$157.84 Billion | ▼ -0.1 pp |
| 2004 | 13.3% | CA$24.49 Billion | CA$184.25 Billion | CA$159.76 Billion | ▲ +0.0 pp |
| 2003 | 13.3% | CA$10.29 Billion | CA$77.52 Billion | CA$67.22 Billion | ▲ +1.2 pp |
| 2002 | 12.1% | CA$9.81 Billion | CA$81.19 Billion | CA$71.39 Billion | ▲ +0.2 pp |
| 2001 | 11.9% | CA$9.36 Billion | CA$78.61 Billion | CA$69.26 Billion | ▼ -1.9 pp |
| 2000 | 13.8% | CA$8.28 Billion | CA$60.16 Billion | CA$51.88 Billion | ▼ -0.2 pp |
| 1999 | 14.0% | CA$7.96 Billion | CA$56.89 Billion | CA$48.92 Billion | ▲ +1.0 pp |
| 1998 | 13.0% | CA$6.81 Billion | CA$52.50 Billion | CA$45.69 Billion | — |