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Manulife Financial (TSX:MFC.PR.G.PFD) Net Margin % : 13.26% (As of Sep. 2024)


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What is Manulife Financial Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Manulife Financial's Net Income for the three months ended in Sep. 2024 was C$1,936.00 Mil. Manulife Financial's Revenue for the three months ended in Sep. 2024 was C$14,605.00 Mil. Therefore, Manulife Financial's net margin for the quarter that ended in Sep. 2024 was 13.26%.

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

TSX:MFC.PR.G.PFD' s Net Margin % Range Over the Past 10 Years
Min: -8.89   Med: 6.77   Max: 12.91
Current: 11.72


TSX:MFC.PR.G.PFD's Net Margin % is ranked better than
67.22% of 479 companies
in the Insurance industry
Industry Median: 8.36 vs TSX:MFC.PR.G.PFD: 11.72

Manulife Financial Net Margin % Historical Data

The historical data trend for Manulife Financial's Net 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 Net Margin % Chart

Manulife Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.77 6.91 11.12 -8.89 12.91

Manulife Financial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net 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 13.25 19.83 7.31 8.63 13.26

Competitive Comparison of Manulife Financial's Net Margin %

For the Insurance - Life subindustry, Manulife Financial's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % Distribution in the Insurance Industry

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

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



Manulife Financial Net Margin % Calculation

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

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=5463/42309
=12.91 %

Manulife Financial's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=1936/14605
=13.26 %

* 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  (TSX:MFC.PR.G.PFD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Manulife Financial Net Margin % Related Terms

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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 1.05 trillion in assets under management and administration as of the end of 2023. The US business, which primarily operates under the John Hancock brand, contributes about 27% 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 23% of earnings.

Manulife Financial Headlines

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