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Manulife Financial (Manulife Financial) 5-Year ROIIC % : 0.78% (As of Dec. 2023)


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What is Manulife Financial 5-Year ROIIC %?

5-Year Return on Invested Incremental Capital (5-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 5-year. Manulife Financial's 5-Year ROIIC % for the quarter that ended in Dec. 2023 was 0.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Manulife Financial's 5-Year ROIIC % or its related term are showing as below:

MFC's 5-Year ROIIC % is ranked worse than
59.54% of 304 companies
in the Insurance industry
Industry Median: 2.135 vs MFC: 0.78

Manulife Financial 5-Year ROIIC % Historical Data

The historical data trend for Manulife Financial's 5-Year ROIIC % 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 5-Year ROIIC % Chart

Manulife Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
5-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 1.92 1.84 -4.64 0.78

Manulife Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
5-Year ROIIC % 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 -4.64 - - - 0.78

Competitive Comparison of Manulife Financial's 5-Year ROIIC %

For the Insurance - Life subindustry, Manulife Financial's 5-Year ROIIC %, along with its competitors' market caps and 5-Year ROIIC % 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 5-Year ROIIC % Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Manulife Financial's 5-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Manulife Financial's 5-Year ROIIC % falls into.



Manulife Financial 5-Year ROIIC % Calculation

Manulife Financial's 5-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

5-Year ROIIC %=5-Year Incremental Net Operating Profit After Taxes (NOPAT)**/5-Year Incremental Invested Capital**
=( 5185.758369 (Dec. 2023) - 4477.587422 (Dec. 2018) )/( 639051.46825 (Dec. 2023) - 547721.94125 (Dec. 2018) )
=708.170947/91329.527
=0.78%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 5-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Manulife Financial  (NYSE:MFC) 5-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Manulife Financial 5-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Manulife Financial's 5-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


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.