Also trades as: MFC.TO (TSX) · $vol 221M · 0945.HK (HKSE) · $vol 1M · 0V5H.L (LSE) · $vol 0M · MFC-PC.TO (TSX) · $vol 0M · MNLCF (OTC) · $vol 0M · MNUFF (OTC) · $vol 0M

$44.98

+0.33 (+0.74%)

Weekly Expected Move ±3.1%

$42 $43 $44 $46 $47

NYSE · Financial Services · Insurance - Life · Tech Score Strong Buy · Power 65 · $74.6B mcap · 1.66B float · 0.116% daily turnover · Short 54% of daily vol

Credit Risk of going bust: not rated, financial company (lending is its business) Bonds: $87.8M held by 114 funds, 61 bp over Treasuries → details ▾

Not rated: lending and leverage are a financial company's business, which the model misreads.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Overview Chart Smart Money Financials Income Statement Cash Flow Balance Sheet Earnings

Analysis Technicals Weather Peers ESG Institutions ETF Exposure Dark Pool Short Interest

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$53.0B +827.4% ▲

5Y CAGR: -7.2%

Gross Profit

$13.5B -0.8% ▼

5Y CAGR: -4.8%

Operating Income

$7.1B +0.1% ▲

5Y CAGR: +0.9%

Net Income

$5.8B +2.7% ▲

5Y CAGR: +1.7%

EPS (Diluted)

$3.07 +8.1% ▲

5Y CAGR: +0.9%

EBITDA

$6.8B -6.5% ▼

5Y CAGR: -4.6%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$59.8B	$24.2B	-$7.0B	-$7.3B	$53.0B
YoY Growth	-22.4%	-59.6%	-129.1%	-3.6%	+827.4%
Cost of Revenue	$41.2B	$22.5B	-$17.7B	-$20.9B	$39.5B
Gross Profit	$18.6B	$1.6B	$10.7B	$13.6B	$13.5B
Gross Margin	31.1%	6.8%	-151.8%	-187.0%	25.5%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$7.8B	$3.7B	$4.3B	$4.9B	$4.9B
Operating Expenses	$10.5B	$4.8B	$4.2B	$6.5B	$6.4B
Operating Income	$8.1B	-$3.1B	$6.5B	$7.1B	$7.1B
Operating Margin	13.6%	-13.0%	-91.7%	-97.3%	13.4%
Interest Expense	$1.0B	$1.0B	$1.6B	$1.7B	$1.5B
Income Before Tax	$8.1B	-$3.1B	$6.5B	$7.1B	$7.1B
Tax Expense	$1.2B	-$1.2B	$845M	$1.2B	$1.0B
Net Income	$6.7B	-$2.1B	$5.5B	$5.6B	$5.8B
Net Margin	11.1%	-8.7%	-77.6%	-77.3%	10.9%
EPS (Diluted)	$3.54	$-1.10	$2.61	$2.84	$3.07
EBITDA	$9.7B	-$3.6B	$6.6B	$7.3B	$6.8B
Shares Outstanding	1.95B	1.91B	1.84B	1.78B	1.71B

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$14.6B	$4.2B	$9.0B	$41.1B	$17.3B	$8.6B	$12.3B	$19.7B
Cost of Revenue	-$12.3B	$357M	$6.8B	$37.4B	$13.5B	$2.1B	$0	$15.3B
Gross Profit	$26.9B	$3.9B	$2.3B	$3.8B	$3.8B	$6.5B	$12.3B	$4.4B
Gross Margin	184.3%	91.5%	25.2%	9.1%	22.2%	76.0%	100.0%	22.4%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$1.2B	$1.3B	$1.2B	$1.1B	$1.2B	$1.3B	$1.5B	$1.2B
Operating Expenses	$24.5B	$1.7B	$1.6B	$1.5B	$1.6B	$4.6B	$10.8B	$1.6B
Operating Income	$2.3B	$2.1B	$699M	$2.3B	$2.2B	$1.9B	$1.5B	$2.8B
Operating Margin	16.1%	50.1%	7.7%	5.5%	12.9%	22.1%	11.9%	14.1%
Interest Expense	$410M	$420M	$377M	$360M	$388M	$405M	$390M	$388M
Income Before Tax	$2.3B	$2.1B	$699M	$2.3B	$2.2B	$1.9B	$1.5B	$2.8B
Tax Expense	$274M	$406M	$76M	$338M	$310M	$310M	$231M	$454M
Net Income	$1.9B	$1.7B	$557M	$1.9B	$1.8B	$1.6B	$1.2B	$2.2B
Net Margin	13.3%	39.9%	6.2%	4.6%	10.3%	18.2%	9.7%	11.1%
EPS (Diluted)	$1.00	$0.86	$0.25	$0.98	$1.02	$0.82	$0.64	$1.20
EBITDA	$2.3B	$2.3B	$650M	$2.2B	$2.1B	$2.5B	$2.1B	$2.6B
Shares Outstanding	1.78B	1.78B	1.73B	1.72B	1.70B	1.71B	1.71B	1.67B

MFC NYSE