Manulife Financial Corp Tangible Net Worth Ratio
Manulife Financial Corp tangible net worth ratio. Manulife Financial Corp (MFC) has a Tangible Net Worth Ratio of 76.9% as of June 2026. This metric is calculated by deducting intangible assets (CA$12.70 Billion) from net assets (CA$54.93 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Check strategic asset allocation of Manulife Financial Corp to assess the company's strategic physical and investment asset allocation.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Manulife Financial Corp (1998–2025)
Tangible net worth ratio of Manulife Financial Corp from 1998 to 2025. This chart shows how Manulife Financial Corp's Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 76.9%, reflecting net assets of CA$54.93 Billion with intangible assets of CA$12.70 Billion CAD. See Manulife Financial Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Manulife Financial Corp Tangible Net Worth Ratio by Year (1998–2025)
Manulife Financial Corp tangible net worth ratio by year from 1998 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for Manulife Financial Corp from 1998 to 2025, covering 28 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Manulife Financial Corp market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 89.6% | CA$52.49 Billion | CA$5.45 Billion | CA$1.03 Trillion | ▼ -1.4 pp |
| 2024 | 91.0% | CA$52.96 Billion | CA$4.78 Billion | CA$978.82 Billion | ▼ 0.0 pp |
| 2023 | 91.0% | CA$48.73 Billion | CA$4.39 Billion | CA$875.57 Billion | ▼ -1.0 pp |
| 2022 | 92.0% | CA$56.38 Billion | CA$4.50 Billion | CA$848.94 Billion | ▼ -0.7 pp |
| 2021 | 92.8% | CA$58.87 Billion | CA$4.26 Billion | CA$917.64 Billion | ▲ +0.7 pp |
| 2020 | 92.0% | CA$53.01 Billion | CA$4.21 Billion | CA$880.35 Billion | ▼ -7.4 pp |
| 2019 | 99.5% | CA$795.50 Billion | CA$4.23 Billion | CA$809.13 Billion | ▲ +8.4 pp |
| 2018 | 91.0% | CA$47.15 Billion | CA$4.23 Billion | CA$750.27 Billion | ▲ +0.8 pp |
| 2017 | 90.2% | CA$42.16 Billion | CA$4.13 Billion | CA$729.53 Billion | ▲ +0.1 pp |
| 2016 | 90.1% | CA$42.82 Billion | CA$4.22 Billion | CA$720.68 Billion | ▼ -1.0 pp |
| 2015 | 91.2% | CA$41.94 Billion | CA$3.70 Billion | CA$704.64 Billion | ▼ -2.1 pp |
| 2014 | 93.3% | CA$33.93 Billion | CA$2.28 Billion | CA$579.41 Billion | ▲ +0.8 pp |
| 2013 | 92.5% | CA$29.03 Billion | CA$2.19 Billion | CA$513.63 Billion | ▲ +0.2 pp |
| 2012 | 92.3% | CA$26.10 Billion | CA$2.01 Billion | CA$486.06 Billion | ▲ +0.5 pp |
| 2011 | 91.8% | CA$24.88 Billion | CA$2.04 Billion | CA$462.10 Billion | ▼ -1.1 pp |
| 2010 | 92.9% | CA$26.87 Billion | CA$1.92 Billion | CA$217.67 Billion | ▼ -0.2 pp |
| 2009 | 93.1% | CA$28.91 Billion | CA$2.00 Billion | CA$205.14 Billion | ▼ -0.1 pp |
| 2008 | 93.2% | CA$27.45 Billion | CA$1.87 Billion | CA$211.03 Billion | ▼ -0.4 pp |
| 2007 | 93.6% | CA$24.48 Billion | CA$1.57 Billion | CA$176.46 Billion | ▲ +0.2 pp |
| 2006 | 93.4% | CA$25.86 Billion | CA$1.71 Billion | CA$186.17 Billion | ▲ +0.7 pp |
| 2005 | 92.7% | CA$23.97 Billion | CA$1.74 Billion | CA$181.81 Billion | ▲ +0.1 pp |
| 2004 | 92.6% | CA$24.49 Billion | CA$1.81 Billion | CA$184.25 Billion | ▼ -7.4 pp |
| 2003 | 100.0% | CA$10.29 Billion | CA$0.00 | CA$77.52 Billion | ▲ +0.0 pp |
| 2002 | 100.0% | CA$9.81 Billion | CA$0.00 | CA$81.19 Billion | ▲ +0.0 pp |
| 2001 | 100.0% | CA$9.36 Billion | CA$0.00 | CA$78.61 Billion | ▲ +0.0 pp |
| 2000 | 100.0% | CA$8.28 Billion | CA$0.00 | CA$60.16 Billion | ▲ +0.0 pp |
| 1999 | 100.0% | CA$7.96 Billion | CA$0.00 | CA$56.89 Billion | ▲ +0.0 pp |
| 1998 | 100.0% | CA$6.81 Billion | CA$0.00 | CA$52.50 Billion | — |