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Manulife Financial (Manulife Financial) Pretax Margin % : 24.43% (As of Dec. 2023)


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What is Manulife Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Manulife Financial's Pre-Tax Income for the three months ended in Dec. 2023 was $1,582 Mil. Manulife Financial's Revenue for the three months ended in Dec. 2023 was $6,477 Mil. Therefore, Manulife Financial's pretax margin for the quarter that ended in Dec. 2023 was 24.43%.

The historical rank and industry rank for Manulife Financial's Pretax Margin % or its related term are showing as below:

MFC' s Pretax Margin % Range Over the Past 10 Years
Min: -13.29   Med: 8.01   Max: 15.25
Current: 15.25


MFC's Pretax Margin % is ranked better than
68.52% of 486 companies
in the Insurance industry
Industry Median: 9.835 vs MFC: 15.25

Manulife Financial Pretax Margin % Historical Data

The historical data trend for Manulife Financial's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Manulife Financial Pretax Margin % Chart

Manulife Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.99 8.78 13.58 -13.29 15.25

Manulife Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.55 13.78 12.08 12.68 24.43

Competitive Comparison of Manulife Financial's Pretax Margin %

For the Insurance - Life subindustry, Manulife Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Manulife Financial's Pretax Margin % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Manulife Financial's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Manulife Financial's Pretax Margin % falls into.



Manulife Financial Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Manulife Financial's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=4809.183/31536.225
=15.25 %

Manulife Financial's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=1582.439/6476.595
=24.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Manulife Financial  (NYSE:MFC) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Manulife Financial Pretax Margin % Related Terms

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Manulife Financial (Manulife Financial) Business Description

Address
200 Bloor Street East, Toronto, ON, CAN, M4W 1E5
Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.35 trillion in assets under management and administration as of June 30, 2023. The U.S. business, which primarily operates under the John Hancock brand, contributes about 30% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 20% of earnings.