OakChart

Manulife Financial Corp

MFCFinancial·Insurance - Life·Canada·Large·NYSE·Nov 11 • 9:16 AM ET

44.20-0.04 (-0.09%)
2026-11-11 15:18 CET
Market cap
73,405.22 USD m
Revenue, TTM
43,303.76 USD m
Net income, TTM
4,219.86 USD m
Free cash flow, TTM
22,528.97 USD m
EPS diluted, TTM
2.52
P/E
17.54
Compare

Price

MFC against its 20, 50 and 200-day averages
2050200beatmiss
35.0040.0045.006.3M12.6MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26MFCclose 44.2020-day 44.5850-day 43.85200-day 40.2744.20

4.3% under 46.19 on 5 Nov 2026. Last 15 sessions, 7.8% high to low

Profile

MFC
52-week range, 85% of the way up
32.5846.19

Manulife Financial Corp. engages in the provision of financial services and insurance for individuals, groups, and businesses. It operates through the following segments: Asia, Canada, U.S., Global Wealth and Asset Management (WAM), and Corporate and Other. The Asia segment offers insurance products and insurance-based wealth accumulation products. The Canada segment includes insurance products, insurance-based wealth accumulation products, and banking services. The U.S. segment consists of life insurance products and insurance-based wealth accumulation products and has an in-force long-term care insurance business and an in-force annuity business. The Global WAM segment delivers investment solutions to retail, retirement, and institutional clients. The Corporate and Other segment refers to investment performance on assets backing capital, costs incurred by the corporate office related to shareholder activities, property and casualty reinsurance business, and run-off reinsurance operation including variable annuities and accident and health. The company was founded in 1887 and is headquartered in Toronto, Canada.

Employees37000
IPOSep 24, 1999
Beta0.84
ATR, 14d0.84
Rel volume0.01
Short float0.77%
Insider own0.19%
Inst own48.05%

Snapshot

6 groups

Valuation

Index-
Market Cap73.34B
Enterprise Value-
Income4.22B
Sales43.30B
Book/sh19.76
Cash/sh-
Dividend Est.1.37 (3.09%)
Dividend TTM1.37 (3.10%)
Dividend Ex-DateNov 20, 2026
Dividend Gr. 3/5Y7.65% 8.45%
Payout57.08%
Employees37000
IPOSep 24, 1999

Ratios

P/E17.54
Forward P/E12.24
PEG1.42
P/S1.69
P/B2.24
P/C-
P/FCF3.26
EV/EBITDA-
EV/Sales-
Quick Ratio-
Current Ratio38.97
Debt/Eq0.29
LT Debt/Eq0.29
Option/ShortYes / Yes

Earnings

EPS (ttm)2.52
EPS next Y3.61
EPS next Q0.83
EPS this Y4.58%
EPS next Y11.52%
EPS next 5Y8.60%
EPS past 3/5Y- 0.16%
Sales past 3/5Y23.05% -5.47%
EPS Y/Y TTM11.77%
Sales Y/Y TTM2.96%
EPS Q/Q-21.02%
Sales Q/Q-32.37%
EarningsNov 04 AMC
EPS/Sales Surpr.6.40% -

Ownership

Insider Own0.19%
Insider Trans0.00%
Inst Own48.05%
Inst Trans0.55%
ROA0.59%
ROE12.06%
ROIC9.26%
Gross Margin-
Oper. Margin16.26%
Profit Margin9.74%
SMA20-0.85%
SMA500.79%
SMA2009.75%
Trades-

Technical

Shs Outstand1.66B
Shs Float1.66B
Short Float0.77%
Short Ratio6.64
Short Interest12.77M
52W High46.19 -4.31%
52W Low32.58 35.67%
Volatility2.31% 1.74%
ATR (14)0.84
RSI (14)49.98
Beta0.84
Rel Volume0.01
Avg Volume1.92M
Volume553

Performance

Perf Week-3.89%
Perf Month2.13%
Perf Quarter0.64%
Perf Half Y10.92%
Perf YTD21.83%
Perf Year31.78%
Perf 3Y136.36%
Perf 5Y122.24%
Perf 10Y167.47%
Recom2.06
Target Price48.31
Prev Close44.24
Price44.20
Change %-0.09%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Oct 28, 2026DowngradeBScotiabankSector Outperform → Sector Perform
Oct 16, 2025InitiatedUUBSBuy
Sep 05, 2024InitiatedBBarclaysEqual Weight
May 09, 2024UpgradeNNational Bank FinancialSector Perform → Outperform
Feb 22, 2024InitiatedJJefferiesBuy
Dec 12, 2023UpgradeRRBC Capital MktsSector Perform → Outperform
Jan 12, 2023InitiatedCCredit SuisseNeutral
Jul 27, 2022UpgradeBScotiabankSector Perform → Sector Outperform
May 13, 2022DowngradeCCanaccord GenuityBuy → Hold
May 12, 2022DowngradeBBMO Capital MarketsOutperform → Market Perform

Peers

Mkt cap
TickerCompanyMkt cap
METMetlife Inc64.38B
PRUPrudential Financial Inc42.15B
PUKPrudential plc ADR31.13B
SLFSun Life Financial Inc41.46B
AFLAflac Inc60.69B
LNCLincoln National Corp8.19B
CRBGCorebridge Financial Inc15.81B
UNMUnum Group12.59B
EQHEquitable Holdings Inc14.81B
VOYAVoya Financial Inc9.19B

Held by

AUM
TickerCompanyAUM
DFIVDimensional International Value ETF-
FVDFirst Trust Value Line Dividend Index FundAUM: 8.21B
DFAIDimensional International Core Equity Market ETF-
DFICDimensional International Core Equity 2 ETF-
DFAXDimensional World ex U.S. Core Equity 2 ETF-
DIHPDimensional International High Profitability ETF-
BRIEMFS Blended Research International Equity ETFAUM: 800.68M
GMIEGMO International Equity Fund ETF ClassAUM: 242.38M
LOEVHarding Loevner Intl Dev SelectAUM: 88.07M
IQDFNorthern Trust International Quality Dividend ETFAUM: 1.12B

News

latest 14 of 206
  • John Hancock Launches New Fixed Indexed Annuity Suite Supporting Longer Lifespans and Evolving Planning Needs (PR Newswire)
  • Manulife cautions investors regarding Ocehan LLC offer for shares (PR Newswire)
  • Manulife Posts Record Core EPS And Beats Estimates, But Stalling New Business And Slowing Growth Cloud The Quality Of The Quarter (Earnings Whispers)
  • Manulife: Q3 Earnings Snapshot (Associated Press)
  • Manulife Reports Third Quarter 2026 Results (PR Newswire)
  • Loading…
  • Manulife declares preferred share dividend (PR Newswire)
  • Manulife declares common share dividend (PR Newswire)
  • Manulife Must Prove Its Asia And Wealth Rebound Can Outrun Canada Claims And China Risk (Earnings Whispers)
  • John Hancock and MIT AgeLab: Americans Recognize Importance of Preparing for Longer Lives but Actual Readiness Lags (PR Newswire)
  • Manulife to Release Third Quarter 2026 Results (PR Newswire)
  • Manulife and UpLink announce winners of the 'Shaping Canada's Longevity Advantage' Challenge (PR Newswire)
  • Manulife Launches Enterprise AI Platform to Scale AI Solutions and Deliver Business Value Across Global Operations (PR Newswire)
  • Manulife appoints Sinead O'Connor as Chief Actuary, joining Executive Leadership Team (PR Newswire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-040.8860.8330.5861,540-13
2026Q22026-08-050.7770.7680.8681,540-12
2026Q12026-05-130.7720.7970.4731,540-12
2025Q42026-02-110.8240.7740.5931,540-13
2025Q32025-11-120.8280.7430.7431,540-13
2025Q22025-08-060.6900.7070.7101,540-12
2025Q12025-05-070.7120.7000.1731,540-12
2024Q42025-02-190.7260.6580.6273,2614,75112
2024Q32024-11-060.7210.6790.7341,4823,82113
2024Q22024-08-070.6620.6420.3833,688-13
2024Q12024-05-080.6870.6660.3324,7962,75812
2023Q42024-02-140.6820.6320.632-2,93711
2023Q32023-11-080.6690.6050.3916,191-11
2023Q22023-08-090.6190.5900.3744,2123,77813
2023Q12023-05-100.5860.5890.538--14
2022Q42023-02-150.6540.6030.702--14

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2017FY1.7621.7940.75546,01843,796
2018FY2.0572.0581.79829,59131,705
2019FY2.2412.2612.08659,23660,944
2020FY2.1682.1272.1874,43657,909
2021FY2.5682.5602.82448,71738,768
2022FY2.3052.285-0.88212,65219,785
2023FY2.5712.5191.93518,36437,577
2024FY2.7272.6412.07514,41721,192
2025FY3.0963.0182.25828,59625,278
2026FY-3.238--26,410
2027FY-3.611--28,240
2028FY-3.966--34,785

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4R2026-11-055400.820.800.85
2026Q4R2026-11-045120.810.790.83
2026Q4R2026-10-265120.810.790.83
2026Q4R2026-10-215110.810.790.84
2026Q4R2026-10-205010.810.780.84
2026Q4R2026-10-165020.810.780.84
2026Q4R2026-10-135010.820.780.84
2026Q4R2026-10-055010.820.780.84
2026Q4R2026-10-044010.820.780.84
2026Q4R2026-09-294020.820.780.84
2026Q4R2026-09-274030.820.780.84
2026Q4R2026-09-014040.820.780.84
2026Q4R2026-08-064040.820.780.84
2026Q4R2026-07-284030.820.780.86

Estimate history

EPS, annual0.7551.7982.0862.1872.824-0.8821.9352.0752.22.5205
Period201720182019202020212022202320242025TTM
EPS, quarterly0.7340.6270.1730.710.7430.5930.4730.8680.587
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual43446.50328546.89358218.51457931.06247186.29723471.91937291.6139252.19643726.8343303.76
Period201720182019202020212022202320242025TTM
Sales, quarterly10720.8899473.3828378.68311265.52812941.44411155.6748950.88514445.4138751.792
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual1982197119491940194318651806172916771654
Period201720182019202020212022202320242025MRQ
Shares, quarterly175917291718170316901677167216621654
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue43,303.7643,726.8339,252.2037,291.6123,471.9247,186.3057,931.0658,218.5128,546.89
Losses, Claims & Reserves17,933.7616,919.9116,296.8114,682.6615,158.3928,572.2841,180.1642,139.6512,293.35
Selling, General and Administrative Incl. Other18,279.1020,541.2116,126.0015,610.299,415.8111,780.0210,403.3310,805.6611,018.80
Operating Income before Interest Expense7,039.576,265.716,829.396,998.66-1,102.276,833.996,347.575,273.205,234.74
Interest Expense1,419.341,094.981,227.041,151.38807.31806.39880.49994.05983.68
Unusual Expense-73.00-5.11111.8856.84102.10419.74-25.62336.38
Net Income Before Taxes5,689.495,076.985,175.334,780.37-2,410.416,480.655,048.084,687.634,258.00
Income Taxes892.24740.00884.70626.07-890.27967.51890.93541.11487.60
Consolidated Net Income4,621.544,186.684,111.063,887.57-1,391.865,870.474,563.484,397.483,868.39
Net Income From Continuing Operations4,452.563,987.723,930.773,780.88-1,484.815,667.084,377.094,221.883,703.28
Net Income4,219.863,757.993,703.753,556.38-1,684.525,495.594,249.604,092.253,573.67
EPS (Recurring)2.542.232.071.98-0.862.862.342.081.92
EPS (Basic, Before Extraordinaries)2.532.212.081.94-0.882.832.192.091.80
EPS (Diluted)2.522.202.071.93-0.882.822.192.091.80
Non-Operating Income (Expense)69.26-20.75-432.13-955.04-443.98555.140.75382.85343.32
Other After Tax Adjustments-175.72-150.29-179.57-266.73128.28357.33406.32250.9697.98
Stock Option Compensation Expense---1.092.825.287.676.095.67
Price To Earnings Ratio17.5117.5114.7111.006.056.718.089.737.87
Price To Sales Ratio1.641.421.401.091.450.790.600.690.99
Operating Margin16.2614.3317.4018.77-4.7014.4810.969.0618.34
Net Margin9.748.599.449.54-7.1811.657.347.0312.52
Shares Outstanding1,654.001,677.001,729.001,806.001,865.001,943.001,940.001,949.001,971.00
Market Capitalization73,405.2273,405.2253,800.2339,924.0933,604.1437,042.9034,567.7739,542.3728,163.18
Operating Income after Interest Expense-5,170.735,602.355,847.28-1,909.596,027.605,467.084,279.164,251.06
Reserves Increase (Decrease)-0.000.000.000.000.000.000.000.00

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue8,751.7914,445.418,950.8911,155.6712,941.4411,265.538,378.689,473.38
Losses, Claims & Reserves4,774.484,447.474,387.964,323.854,276.304,278.734,041.594,312.65
Selling, General and Administrative Incl. Other2,204.387,756.523,184.355,185.186,722.705,126.543,566.273,194.26
Operating Income before Interest Expense1,772.932,241.431,378.571,646.641,942.451,860.26770.821,966.47
Interest Expense565.02280.27283.59290.46281.75258.53264.14300.33
Operating Income after Interest Expense1,207.911,961.161,094.991,356.181,660.701,601.73506.681,666.14
Unusual Expense-0.000.00-0.000.000.000.00
Net Income Before Taxes1,252.192,002.331,068.741,366.221,618.591,632.78487.171,510.96
Income Taxes174.29327.94167.67222.32225.11244.0952.97290.32
Consolidated Net Income1,032.191,623.10867.531,098.711,400.741,327.31384.021,187.03
Net Income From Continuing Operations1,017.191,524.14836.181,075.051,306.341,291.92338.021,171.30
Net Income975.041,449.74793.901,001.181,264.231,217.54298.291,099.08
EPS (Recurring)0.590.870.470.590.740.710.170.63
EPS (Basic, Before Extraordinaries)0.590.870.470.590.750.710.170.63
EPS (Diluted)0.590.870.470.590.740.710.170.63
Non-Operating Income (Expense)44.2941.17-26.2410.04-42.1231.05-19.51-155.17
Other After Tax Adjustments-45.72-51.29-33.53-45.187.26-61.38-50.18-33.61
Price To Earnings Ratio17.5116.0415.4816.0513.8316.6114.9514.71
Price To Sales Ratio1.641.431.301.401.261.371.421.37
Operating Margin20.2615.5215.4014.7615.0116.519.2020.76
Net Margin11.1410.048.878.979.7710.813.5611.60
Shares Outstanding1,654.001,662.001,672.001,677.001,690.001,703.001,718.001,729.00
Market Capitalization73,405.2267,606.7357,746.9361,131.4452,909.5254,738.2153,676.7553,800.23

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Total Cash10,878.7210,894.1710,750.8011,074.2112,096.7414,996.0812,719.4910,019.7710,557.48
Investments322,149.92293,936.87303,994.39282,963.95332,900.29322,755.89288,178.91253,934.69268,616.47
Premium Balance Receivables - Insurance44,555.9041,104.8532,455.6334,351.081,024.421,133.441,068.051,002.34916.24
Net Property, Plant & Equipment0.000.000.000.000.000.00293.810.000.00
Investment in Unconsolidated Affiliates9,525.448,869.428,139.697,618.736,980.966,651.496,004.245,021.230.00
Deferred Tax Assets4,188.224,091.235,110.724,950.744,159.443,800.633,527.283,161.523,646.59
Other Intangible Assets356,783.51321,688.92303,566.66274,332.63334,018.13305,696.23280,214.38244,665.40274,285.49
Total Assets748,081.71680,585.45664,017.90615,291.34691,179.99655,033.75592,006.17517,804.95558,022.27
Insurance Policy Liabilities - Insurance10,313.339,385.348,961.027,438.65268,122.55260,219.00232,923.08203,797.77213,823.38
Total Debt10,705.829,846.349,660.259,119.169,390.8110,983.529,310.209,885.0510,512.79
Long Term Debt9,435.719,846.349,209.779,119.169,390.8110,983.528,809.729,885.0510,193.54
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities1,472.191,314.141,286.971,133.622,192.142,051.811,520.721,328.161,022.39
Other Liabilities687,298.92623,215.83607,156.07562,007.45364,869.57340,173.47309,612.49268,271.34299,012.73
Total Liabilities709,790.26643,761.65627,064.31579,698.88644,575.07613,427.79553,366.49483,282.33524,371.28
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value4,858.654,630.795,050.814,915.315,051.663,000.002,947.372,798.362,854.86
Common Equity31,706.0030,810.7430,622.6329,680.8041,188.3038,079.2834,945.8330,855.1829,878.29
Total Shareholders Equity36,564.6535,441.5235,673.4434,596.1146,239.9641,079.2837,893.1933,653.5432,733.15
Accumulated Minority Interest1,116.91988.041,085.241,053.181,341.091,142.07933.87800.26741.45
Total Equity37,681.5636,429.5636,758.6835,649.2947,581.0542,221.3538,827.0734,453.8033,474.60
Total Liabilities & Stockholders Equity748,081.71680,585.45664,017.90615,291.34691,179.99655,033.75592,006.17517,804.95558,022.27
Book Value Per Share18.9117.8216.9615.9121.2019.6317.9315.6515.07
Tangible Book Value Per Share13.5513.3812.6311.7517.1615.6113.9811.9011.11
Full-Time Employees37,00037,00038,00040,00038,00037,00035,00034,00034,300
Price to Book Ratio2.241.701.330.940.900.911.130.911.33
Return on Assets0.560.580.60-0.230.840.700.760.690.30
Return on Equity11.0811.059.81-3.6712.9811.0911.8011.165.07
Return on Invested Capital8.678.688.42-3.4010.198.419.048.513.78
Current Ratio38.97196.3588.82350.421.531.901.571.441.50

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Funds from Operations1,122.92-1,608.832,630.001,241.775,317.039,833.04-11,810.17-10,899.8612,088.90
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital21,406.0624,585.4716,709.2313,889.897,455.528,635.8126,756.8526,381.092,714.97
Cash from Operating Activities22,528.9722,976.6419,339.2315,131.6612,772.5618,468.8514,946.6815,481.2314,803.86
Capital Expenditures0.000.000.000.000.000.000.000.000.00
Net Assets From Acquisitions-1,016.55-913.91-216.79-0.74-139.80-15.150.000.00-
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.00217.05144.27
Purchase or Sale of Investments-20,344.99-19,235.83-13,479.21-10,190.51-13,981.60-19,342.24-9,789.75-11,513.32-14,705.88
Purchase of Investments-117,172.32-96,952.06-95,723.12-62,262.59-85,730.85-96,494.26-83,486.84-60,750.74-78,055.90
Sale Or Maturity of Investments96,827.3377,716.2382,243.9152,072.0771,749.2477,152.0273,697.1049,237.4163,350.02
Other Uses-150.61-150.290.000.00-51.47-148.36-758.220.00-98.75
Other Sources61.320.00211.6815.560.000.000.00873.470.00
Cash from Investing Activities-21,450.82-20,300.03-13,484.32-10,175.69-14,172.87-19,505.75-10,547.97-10,422.81-14,660.36
Cash Dividends Paid-2,466.14-2,365.30-2,305.90-2,201.99-2,140.79-1,994.05-1,744.57-1,053.59-1,379.47
Change in Capital Stock-57.80-696.35-391.98-227.46-1,215.192,081.78-161.78-930.74-134.24
Repurchase of Common Pref Stock-787.74-1,739.80-2,388.39-1,181.76-1,993.31-488.14-188.62-1,009.12-368.79
Sale of Common Pref Stock729.941,043.451,996.41954.30778.122,569.9326.8478.38234.54
Proceedsfrom Stock Options729.941,043.451,996.41954.30778.122,569.9326.8478.38234.54
Issuance or Reduction of Debt, Net714.05-570.39-554.03-560.13559.97-1,480.382,939.68-849.35-148.13
Change in Long Term Debt187.00-231.88-889.81-46.68294.20-1,628.742,921.79-1,049.82-2.31
Issuance of Long Term Debt1,879.21483.79486.87397.871,062.3320.744,339.8280.64653.47
Reduction of Long Term Debt-1,692.22-715.67-1,376.68-444.55-768.14-1,649.47-1,418.03-1,130.46-655.79
Net Financing Active Other Cash Flow-160.622,242.92301.47-663.121,308.13-130.81-439.131,354.291,103.27
Other Financing Activities Uses-160.62-17.180.00-663.120.00-130.81-439.13-16.58-46.29
Cash from Financing Activities-601.28-1,466.41-3,036.58-3,725.31-1,580.05-1,622.36494.30-1,567.57-558.58
Exchange Rate Effect328.86-583.99873.75-305.26449.36-254.44-393.65-351.20634.19
Net Change in Cash805.73626.213,692.07925.40-2,531.01-2,913.704,499.363,139.65219.11
Free Cash Flow22,528.9722,976.6419,339.2315,131.6612,772.5618,468.8514,946.6815,481.2314,803.86
Price to Free Cash Flow3.543.013.223.163.202.252.622.762.10

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Total Cash9,767.2110,175.8610,408.8010,878.7211,151.369,028.22
Investments340,659.98339,535.51327,495.25322,149.92325,622.39318,973.98
Net Property, Plant & Equipment0.000.000.000.000.000.00
Investment in Unconsolidated Affiliates0.000.000.009,525.440.000.00
Deferred Tax Assets4,038.744,064.144,125.974,188.224,209.434,348.85
Other Intangible Assets364,693.78371,314.89347,005.12356,783.51351,690.38338,994.50
Total Assets762,938.55771,097.09735,561.61748,081.71737,876.96716,356.91
Insurance Policy Liabilities - Insurance10,472.2710,195.5910,259.7510,313.3310,298.9810,312.20
Total Debt10,711.049,957.369,635.6310,705.829,650.719,730.30
Long Term Debt10,711.049,957.369,635.639,435.719,650.719,730.30
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities1,741.861,578.851,432.411,472.191,474.771,393.18
Other Liabilities700,725.48710,650.22676,215.83687,298.92678,367.83657,359.47
Total Liabilities723,650.64732,382.03697,543.62709,790.26699,792.30678,795.16
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value4,690.974,694.274,772.314,858.654,786.554,880.91
Common Equity32,690.2632,186.0831,508.7231,706.0031,663.0731,088.31
Total Shareholders Equity37,381.2336,880.3536,281.0436,564.6536,449.6235,969.22
Accumulated Minority Interest1,132.591,174.271,112.111,116.911,112.551,024.55
Total Equity38,513.8238,054.6337,393.1437,681.5637,562.1736,993.77
Total Liabilities & Stockholders Equity762,938.55771,097.09735,561.61748,081.71737,876.96716,356.91
Book Value Per Share19.7619.3718.8418.9118.7418.26
Tangible Book Value Per Share14.3413.9813.4713.5514.0713.60
Full-Time Employees---37,000--
Price to Book Ratio2.242.151.821.941.711.78
Return on Assets0.590.640.640.560.570.60
Return on Equity12.0613.0212.5611.1411.2311.57
Return on Invested Capital2.123.251.822.342.832.83
Current Ratio---38.97--

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Funds from Operations1,805.47-2,816.441,816.71317.17-1,857.89-711.99
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital5,650.019,350.98761.095,643.978,838.316,134.18
Cash from Operating Activities7,455.486,534.552,577.815,961.146,980.435,422.20
Capital Expenditures0.000.000.000.000.000.00
Net Assets From Acquisitions-45.100.51-56.13-915.830.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments-8,136.34-5,792.21-2,473.56-3,942.88-6,050.88-4,530.03
Purchase of Investments-41,320.15-25,821.70-25,548.44-24,482.04-24,466.02-23,716.42
Sale Or Maturity of Investments33,183.8020,029.4823,074.8820,539.1618,415.1419,186.39
Other Uses0.000.000.00-150.610.000.00
Other Sources426.47-96.40351.39-620.13330.5579.80
Cash from Investing Activities-7,754.97-5,888.10-2,178.31-5,629.45-5,720.33-4,450.23
Cash Dividends Paid-602.94-652.30-628.41-582.49-590.46-638.37
Change in Capital Stock-343.65-416.94-220.16922.95-445.11-841.82
Repurchase of Common Pref Stock-357.23-430.21-270.47270.16-453.77-1,206.49
Sale of Common Pref Stock13.5813.2650.30652.808.66364.67
Proceedsfrom Stock Options13.5813.2650.30652.808.66364.67
Issuance or Reduction of Debt, Net868.921,653.46-395.86-1,412.47487.03657.72
Change in Long Term Debt1,140.93849.53-478.96-1,324.49336.04650.85
Issuance of Long Term Debt1,129.97840.42516.14-607.32336.04650.85
Reduction of Long Term Debt10.969.11-995.11-717.180.000.00
Net Financing Active Other Cash Flow101.41393.11-648.101,437.25541.74-350.95
Other Financing Activities Uses101.41393.11-648.10-7.05-9.44-0.72
Cash from Financing Activities4.88957.99-1,911.49347.33-25.90-1,192.95
Exchange Rate Effect66.45250.42261.72-249.73252.35-642.89
Net Change in Cash-228.161,854.87-1,250.27429.291,486.55-863.87
Free Cash Flow7,455.486,534.552,577.815,961.146,980.435,422.20
Price to Free Cash Flow3.543.453.122.972.723.03

Revenue breakdown

Revenue split-

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.77%12.8M1656.1M2.00M
2026-10-150.55%9.0M1656.1M2.05M
2026-09-300.73%12.0M1656.1M2.06M
2026-09-150.47%7.7M1656.1M2.16M
2026-08-310.94%15.6M1656.1M2.16M
2026-08-141.34%22.1M1656.2M2.15M
2026-07-310.79%13.1M1656.1M2.05M
2026-07-150.32%5.3M1665.9M2.10M
2026-06-300.36%6.0M1666.0M2.18M
2026-06-150.78%13.0M1666.0M2.20M
2026-05-291.49%24.9M1673.8M2.30M
2026-05-150.90%15.0M1673.8M2.41M
2026-04-300.65%10.9M1674.0M2.52M
2026-04-150.27%4.5M1674.0M2.45M
2026-03-310.27%4.5M1673.9M2.45M
2026-03-130.33%5.5M1673.9M2.35M
2026-02-271.18%19.7M1673.9M2.28M
2026-02-131.19%19.9M1673.9M2.19M
2026-01-300.45%7.5M1681.9M2.06M
2026-01-150.34%5.8M1681.9M2.02M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call20.000.000.0017.98-5.000.00---
call23.000.000.0014.98-0.000.00---
call25.000.000.0019.40-0.000.00---
call28.000.000.0011.30-2.000.00---
call30.000.000.0014.00-16.000.00---
call33.000.000.009.65-33.000.00---
call35.000.000.009.55-1400.00---
call36.000.000.000.00-0.000.00---
call37.000.000.007.30-1030.00---
call38.000.000.000.00-0.000.00---
call39.000.000.000.00-0.000.00---
call40.000.000.004.34-5450.00---
call41.000.000.003.29-3.000.00---
call42.000.000.002.96-1330.00---
call43.000.000.001.06-13.000.00---
call44.000.000.000.94-64.000.00---
call45.000.000.000.48-2420.00---
call46.000.000.000.17-94.000.00---
call47.000.000.000.08-6490.00---
call48.000.000.000.05-2,0520.00---
call49.000.000.000.05-34.000.00---
call50.000.000.000.05-24.000.00---
call55.000.000.000.00-0.000.00---
call60.000.000.000.00-0.000.00---
put20.000.000.000.03-33.000.00---
put23.000.000.000.12-10.000.00---
put25.000.000.000.43-30.000.00---
put28.000.000.000.10-7.000.00---
put30.000.000.000.10-31.000.00---
put33.000.000.000.10-16.000.00---
put35.000.000.000.15-4280.00---
put36.000.000.000.00-0.000.00---
put37.000.000.000.57-36.000.00---
put38.000.000.000.17-1.000.00---
put39.000.000.000.31-42.000.00---
put40.000.000.000.19-78.000.00---
put41.000.000.000.32-6.000.00---
put42.000.000.000.50-5080.00---
put43.000.000.000.30-22.000.00---
put44.000.000.001.55-41.000.00---
put45.000.000.001.55-1580.00---
put46.000.000.002.10-29.000.00---
put47.000.000.001.80-1.000.00---
put48.000.000.002.71-1.000.00---
put49.000.000.000.00-0.000.00---
put50.000.000.0012.05-0.000.00---
put55.000.000.0021.65-0.000.00---
put60.000.000.000.00-0.000.00---

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-046-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-11-046-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-09-116-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-11SEC
2026-09-03SUPPLVoluntary supplemental material filed pursuant to Section 11(a) of the Securities Act of 1933 by foreign issuersSEC
2026-09-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-02SEC
2026-09-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-01SEC
2026-09-01FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC
2026-09-01SUPPLVoluntary supplemental material filed pursuant to Section 11(a) of the Securities Act of 1933 by foreign issuersSEC
2026-08-28N-PXAnnual Report of Proxy Voting Record of Registered Management Investment Companies filed on Form N-PX2026-06-30SEC
2026-08-1413F-NTFurther understand that each of 13F-HR, 13F-NT, and amendments thereto are mandatory electronic filings (hardship exemption exists to submit in paper; never used to the knowledge of IM staff);2026-06-30SEC
2026-08-14SCHEDULE 13G/ASEC
2026-08-14SCHEDULE 13G/ASEC
2026-08-14SCHEDULE 13G/ASEC
2026-08-14SCHEDULE 13G/ASEC
2026-08-14SCHEDULE 13G/ASEC
2026-08-14SCHEDULE 13G/ASEC
2026-08-126-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-12SEC
2026-08-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-08-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-07-29SCHEDULE 13G/ASEC
2026-06-186-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-18SEC
2026-06-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-05SEC
2026-05-266-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-26SEC
2026-05-216-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-05-21SEC
2026-05-15SCHEDULE 13G/ASEC
2026-05-15SCHEDULE 13G/ASEC
2026-05-15SCHEDULE 13G/ASEC
2026-05-15SCHEDULE 13G/ASEC
2026-05-15SCHEDULE 13GSEC
2026-05-15SCHEDULE 13G/ASEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
ROYAL BANK OF CANADA6.47%
BANK OF MONTREAL /CAN/3.49%
VANGUARD CAPITAL MANAGEMENT LLC2.90%
TD ASSET MANAGEMENT INC1.88%
MACKENZIE FINANCIAL CORP1.62%
NATIONAL BANK OF CANADA /FI/1.59%
1832 Asset Management L.P.1.42%
GEODE CAPITAL MANAGEMENT, LLC1.29%
CIBC Asset Management Inc1.06%
TD Waterhouse Canada Inc.1.01%

Funds

Fund% owned
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND2.36%
VANGUARD TOTAL BOND MARKET II INDEX FUND2.29%
VANGUARD TOTAL INTERNATIONAL STOCK INDEX FUND1.47%
VANGUARD DEVELOPED MARKETS INDEX FUND0.98%
VANGUARD INTERMEDIATE-TERM INVESTMENT-GRADE FUND0.90%
VANGUARD TOTAL BOND MARKET INDEX FUND0.71%
VANGUARD INTERMEDIATE-TERM BOND INDEX FUND0.57%
VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND0.54%
Fidelity SAI Canada Equity Index Fund0.52%
Harding Loevner International Equity Portfolio0.50%

OakChart. MFC. Cached 15 minutes.

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