Manulife FinancialMFC -1.22%67 FCF Margin % is 29.81% as of Mar. 2026, which is 31% below its 10-year median of 43.16. GuruFocus rates MFC with a GF Score™ of 67/100 and a GF Value™ of $31.25 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 502 Insurance companies, Manulife Financial ranks better than 94.42% on this metric.
The historical rank and industry rank for Manulife Financial's FCF Margin % or its related term are showing as below:
MFC'
s FCF Margin % Range Over the Past 10 Years
Min: 26 Med: 43.16 Max: 68.83
Current: 54.04
During the past 13 years, the highest FCF Margin % of Manulife Financial was 68.83%. The lowest was 26.00%. And the median was 43.16%.
MFC's FCF Margin % is ranked better than 94.42% of 502
companies
in the Insurance industry
Industry Median: 9.63
vs MFC: 54.04
Manulife Financial FCF Margin % Related Terms
Manulife Financial FCF Margin % Historical Data
* Premium members only.
The historical data trend for Manulife Financial's FCF 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.
For the Insurance - Life subindustry, Manulife Financial's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Insurance Industry
For the Insurance industry and Financial Services sector, Manulife Financial's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Manulife Financial's FCF Margin % falls into.
* 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 (MFC) has a FCF Margin % of 29.81% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Manulife Financial and its competitors. This is 31% below median its historical median of 43.16. Over the past decade, Manulife Financial's FCF Margin % has ranged from 26.00 to 68.83. According to the industry distribution chart, Manulife Financial ranks #28 out of 502 companies in the Insurance industry, placing it in the top 5.6%.
Is Manulife Financial's FCF Margin % too high?
Manulife Financial's current FCF Margin % of 29.81% is 31% below median its 10-year median of 43.16. Over the past 10 years, this metric has ranged from a low of 26.00 to a high of 68.83. The Insurance industry median FCF Margin % is 9.63. Manulife Financial's value of 29.81% is 209.6% above this industry median. Based on the distribution chart, Manulife Financial ranks #28 out of 502 companies in the Insurance industry, which is in the top quartile — a strong position relative to peers. Overall, Manulife Financial has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Manulife Financial's FCF Margin % compare to AFL and MET?
According to the Insurance industry distribution chart, Manulife Financial ranks #28 out of 502 companies for FCF Margin %. This places Manulife Financial in the top 6% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 9.63. Manulife Financial's value of 29.81% is 209.6% above this benchmark. Historically, Manulife Financial's own FCF Margin % has ranged from 26.00 to 68.83 over the past decade. While the company's 10-year median is 43.16 vs. the industry median of 9.63, Manulife Financial has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Insurance company?
The median FCF Margin % among Insurance companies is 9.63, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Manulife Financial's current FCF Margin % of 29.81% is 209.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Manulife Financial and its competitors. For the Insurance industry, the median FCF Margin % is 9.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Manulife Financial's current FCF Margin % is 29.81%, which is 31% below median its own 10-year median of 43.16. 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?
Based on GuruFocus' analysis, Manulife Financial (MFC) is currently considered Modestly Overvalued. The stock's GF Value™ is $31.25, compared to a current price of $39.70 — trading 27% above its estimated fair value. The current FCF Margin % is 29.81%, which is 31% below median its 10-year median of 43.16 and 209.6% above the Insurance industry median of 9.63. Manulife Financial's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Manulife Financial (MFC), the current FCF Margin % is 29.81% 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 (MFC) Overvalued in 2026?
Based on GuruFocus' analysis, Manulife Financial stock appears to be overvalued.
The current stock price of $39.70 is trading 27% above its estimated GF Value™ of $31.25.
GuruFocus considers Manulife Financial to be Modestly Overvalued.
Key valuation signals for MFC:
FCF Margin %: 29.81% (31% below median its 10-year median of 43.16)
GF Value™: $31.25 vs. price of $39.70 (27% above fair value)
Industry Position: 209.6% above the Insurance median (#28 of 502)
No single metric tells the full story. See the MFC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
67GF Score
Get the complete analysis for MFC
FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MFC has been successfully added to your 
