Manulife Financial (MEX:MFCN) EBIT: MXN125,314 Mil (TTM As of Mar. 2026)


MEX:MFCN Manulife Financial Corp MEX:MFCN
70 GF Score
Price MXN574.00
GF Value MXN441.09
! 8 Warning Signs
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What is Manulife Financial EBIT?

Manulife Financial MEX:MFCN 70 EBIT is MXN125,314 Mil as of Mar. 2026. GuruFocus rates MEX:MFCN with a GF Score™ of 70/100 and a GF Value™ of MXN441.09. The stock has 8 warning signs investors should review.

Manulife Financial's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN24,381 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN125,314 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Manulife Financial's annualized ROC % for the quarter that ended in Mar. 2026 was 0.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Manulife Financial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.16%.


Manulife Financial  (MEX:MFCN) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Manulife Financial's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=97523.784 * ( 1 - 15.69% )/( (13041376.4507 + 13171205.656)/ 2 )
=82222.3022904/13106291.05335
=0.63 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=13384297.911 - 0 - ( 348536.576 - 5% * 112302.314 )
=13041376.4507

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=13491837.445 - 0 - ( 328426.463 - 5% * 155893.48 )
=13171205.656

Note: The EBIT data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Manulife Financial's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=125313.521/1122836.952
=11.16 %

* 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 EBIT Related Terms


Manulife Financial EBIT Historical Data

* Premium members only.

The historical data trend for Manulife Financial's EBIT 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.

Manulife Financial EBIT Chart

Manulife Financial Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 146,418.68 -29,950.79 101,293.85 128,395.69 112,563.36

Manulife Financial Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 15,362.18 36,079.66 34,702.02 30,150.90 24,380.95

MEX:MFCN vs AFL, MET, PRU: EBIT Comparison

For the Insurance - Life subindustry, Manulife Financial's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, Manulife Financial's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Manulife Financial's EV-to-EBIT falls into.


MEX:MFCN
70GF Score
Manulife Financial Corp MEX:MFCN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Manulife Financial EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN125,314 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN125,314 Mil mean?
Manulife Financial (MEX:MFCN) has a EBIT of MXN125,314 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Manulife Financial.
Is Manulife Financial's EBIT too high?
Manulife Financial's current EBIT is MXN125,314 Mil. Overall, Manulife Financial has a GF Score™ of 70/100, reflecting its overall financial health beyond just this single metric.
How does Manulife Financial's EBIT compare to AFL and MET?
Manulife Financial's EBIT of MXN125,314 Mil can be compared against companies in the Insurance industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Insurance company?
A good EBIT depends on the Insurance industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Manulife Financial. Manulife Financial's current EBIT is MXN125,314 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manulife Financial stock overvalued right now?
Manulife Financial (MEX:MFCN) has a current EBIT of MXN125,314 Mil. The stock's GF Value™ is MXN441.09, compared to a current price of MXN574.00 — trading 30.1% above its estimated fair value. The current EBIT is MXN125,314 Mil. Manulife Financial's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Manulife Financial (MEX:MFCN), the current EBIT is MXN125,314 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Manulife Financial (MEX:MFCN) Overvalued in 2026?

Based on GuruFocus' analysis, Manulife Financial stock appears to be overvalued. The current stock price of MXN574.00 is trading 30.1% above its estimated GF Value™ of MXN441.09.

Key valuation signals for MEX:MFCN:

  • EBIT: MXN125,314 Mil
  • GF Value™: MXN441.09 vs. price of MXN574.00 (30.1% above fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the MEX:MFCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Manulife Financial Business Description

Address 200 Bloor Street East, Toronto, ON, CAN, M4W 1E5
Manulife Financial is one of the Big Three Canadian life insurers. The firm provides life insurance, annuities, asset management, and wealth management products to individuals and group customers in Canada, the United States, and Asia. The Canadian business segment contributes approximately 21% of 2025 adjusted earnings. The Asia segment operates across 12 countries and contributes around 38% of earnings, with a significant presence in Hong Kong and Singapore. The US business, which primarily operates under the John Hancock brand, contributes about 16% of earnings. Manulife's global asset and wealth management business contributes approximately 25% of its earnings and had around CAD 1.1 trillion in assets under management and administration as of the end of 2025.
70GF Score

Get the complete analysis for MEX:MFCN

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN574.00
Price
MXN441.09
GF Value