MANULIFE FINANCIAL CORP (MFC)
Manulife Financial Corporation, known by its ticker MFC, is a multinational financial services organization that provides a wide range of financial products and solutions. Its operations span across Asia, Canada, the United States, and other international markets. The company's activities are organized into three primary divisions: 1. Wealth and Asset Management: This segment focuses on investment solutions, including mutual funds, exchange-traded funds, group-based retirement and savings programs, and asset management services for institutional clients. These offerings are distributed through the company's network of agents and brokers, independent securities firms, financial advisors, pension consultants, and banks. 2. Insurance and Annuity Products: This division offers a diverse portfolio of financial protection products. This includes deposit and credit services, individual life insurance, and both individual and group long-term care insurance. It also provides various annuity options, both fully and partially guaranteed. These products are sold via insurance agents, brokers, banking partners, financial planners, and direct marketing channels. 3. Corporate and Other: This segment encompasses property and casualty insurance, as well as reinsurance activities, including the management of legacy reinsurance portfolios such as variable annuities and accident and health. Additionally, it oversees timberland and agricultural investment portfolios. The segment also handles insurance agency operations, portfolio and mutual fund management, mutual fund dealing, life, annuity, long-term care, and financial reinsurance services, alongside general fund management. Furthermore, it holds, manages, and provides investment management, advisory, and dealer services. Founded in 1887, Manulife Financial Corporation is headquartered in Toronto, Canada.
Sector: Life Insurance
Industry: Insurance - Life
Manulife Financial Corporation
NYSE:MFCFinancial Services · Insurance - Life
-1.70%$43.24
CLOSED · Nov 6Prev close$43.99-1.70%Close$43.240.00%AH close$43.24
AH$43.24+0.00%vs close
Mkt Cap$71.43B
Float1.66B
O/S1.65B
VOL1.85M sh
$ Vol$80.03M
RVOL1.25×
Inst Own45.5%
SI0.5%
Div Yield3.17%
Dilution
Financials Summary
Revenue$37.69B
Net Income$4.11B
Total Assets$728.41B
Free Cash Flow$22.81B
Debt & Equity
Debt 20%
Equity 71%
Preferred 9%
Total Debt$10.42B
Total Equity$36.23B
Preferred Stock$4.73B
Shares Outstanding
Short Interest
Split History1 split
- 2:1Forward splitJun 5, 20061 share → 2
Balance Sheet Details
Assets$728.41B
Liabilities$691.12B
Accounts Receivable$43.38B
Accounts Payable$0
Inventory$0
PP&E (Net)$0
Goodwill$4.89B
Intangible Assets$3.87B
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Revenue | $37.69B | -$5.18B | -$5B | $17.18B | $42.54B | $54.83B | $55.33B | $26.49B | $40.27B | $36.75B | $23.33B | $37.73B | $12.43B | $19.96B | $35.53B | $26.74B | $28.51B | $23.46B | $25.3B | $24.31B | $23.24B | $19.17B | $11.73B | $11.75B | $11.54B | $10.06B | $10.03B | $7.48B |
| YoY Growth | -827.4% | 3.6% | -129.1% | -59.6% | -22.4% | -0.9% | 108.8% | -34.2% | 9.6% | 57.5% | -38.2% | 203.5% | -37.7% | -43.8% | 32.9% | -6.2% | 21.5% | -7.2% | 4.1% | 4.6% | 21.2% | 63.4% | -0.2% | 1.9% | 14.7% | 0.3% | 34.0% | - |
| Cost of Revenue | $28.07B | -$14.87B | -$12.6B | $16.01B | $29.29B | $42.56B | $43.2B | $14.43B | $31.52B | $27.61B | $15.22B | $29.55B | $4.74B | $14.65B | $30.44B | $19.61B | $21.39B | $15.78B | $17.2B | $11.85B | $12.17B | $13.41B | $6.58B | $7.1B | $6.97B | $5.19B | $631.45M | $534.72M |
| Gross Profit | $9.62B | $9.69B | $7.59B | $1.17B | $13.25B | $12.27B | $12.13B | $12.06B | $8.76B | $9.14B | $8.11B | $8.18B | $7.69B | $5.31B | $5.09B | $7.13B | $7.13B | $7.68B | $8.1B | $12.46B | $11.07B | $5.76B | $5.15B | $4.65B | $4.57B | $4.87B | $9.4B | $6.95B |
| Gross Margin | 25.5% | -187.0% | -151.8% | 6.8% | 31.1% | 22.4% | 21.9% | 45.5% | 21.7% | 24.9% | 34.8% | 21.7% | 61.9% | 26.6% | 14.3% | 26.7% | 25.0% | 32.7% | 32.0% | 51.2% | 47.6% | 30.0% | 43.9% | 39.6% | 39.6% | 48.4% | 93.7% | 92.9% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $3.48B | $3.45B | $3.08B | $2.65B | $5.57B | $5.34B | $5.46B | $5.66B | $5.14B | $4.97B | $4.42B | $3.39B | $3.28B | $3.14B | $2.89B | $5.5B | $5.45B | $5.53B | $5.29B | $2.38B | $2.4B | $2.17B | $1.43B | $1.77B | $1.76B | $1.56B | $0 | $0 |
| Other | $1.09B | $1.2B | -$71.09M | $747.18M | $1.91B | $2.11B | $2.24B | $2.48B | $1.84B | $1.8B | $1.82B | $1.75B | $1.75B | $1.28B | $2.1B | $3.28B | $1.79B | $1.74B | -$1.18B | $6.28B | $5.6B | $1.15B | $2.41B | $1.69B | $1.84B | $2.36B | $127.94M | $111.49M |
| Total Operating Expenses | $4.57B | $4.65B | $3.01B | $3.4B | $7.47B | $7.45B | $7.71B | $8.14B | $6.98B | $6.77B | $6.25B | $5.14B | $5.03B | $4.42B | $4.99B | $8.78B | $7.24B | $7.27B | $4.11B | $8.66B | $8B | $3.32B | $3.84B | $3.46B | $3.6B | $3.92B | $127.94M | $111.49M |
| Operating Income (EBIT) | $5.04B | $5.04B | $4.59B | -$2.23B | $5.78B | $4.81B | $4.42B | $3.92B | $1.78B | $2.37B | $1.86B | $3.03B | $2.66B | $883.67M | $105.22M | -$1.65B | -$108.06M | $410.2M | $3.99B | $3.79B | $3.07B | $2.43B | $1.31B | $1.19B | $968.98M | $953.34M | $9.27B | $6.84B |
| Operating Margin | 13.4% | -97.3% | -91.7% | -13.0% | 13.6% | 8.8% | 8.0% | 14.8% | 4.4% | 6.4% | 8.0% | 8.0% | 21.4% | 4.4% | 0.3% | -6.2% | -0.4% | 1.7% | 15.8% | 15.6% | 13.2% | 12.7% | 11.2% | 10.1% | 8.4% | 9.5% | 92.4% | 91.4% |
| Interest Expense | $1.09B | $1.19B | $1.1B | $740.61M | $724.21M | $841.49M | $963.27M | $903.55M | $821.58M | $725.47M | $780.71M | $768.56M | $705.37M | $665.52M | $886.14M | $769.88M | $925.63M | $738.08M | $730.73M | $683.44M | $558.94M | $450.63M | $273.7M | $172.75M | $182.71M | $135.79M | $127.94M | $111.49M |
| Interest Income | $13.56B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$8.44B | -$6.17B |
| Income Before Tax (EBT) | $5.04B | $5.04B | $4.59B | -$2.23B | $5.78B | $4.81B | $4.42B | $3.92B | $1.78B | $2.37B | $1.86B | $3.03B | $2.66B | $883.67M | $105.22M | -$1.65B | -$108.06M | $410.2M | $3.99B | $3.79B | $3.07B | $2.43B | $1.31B | $1.19B | $968.98M | $953.34M | $833.68M | $670.88M |
| Income Tax Expense | $735.09M | $861.64M | $600.73M | -$823.96M | $862.35M | $849.55M | $510.44M | $449.3M | $169.91M | $139.34M | $233.18M | $477.03M | $413.04M | -$349.77M | -$68.96M | -$568.03M | -$1.12B | $56.87M | $978.94M | $971.12M | $732.96M | $621.34M | $224.65M | $216.12M | $139.34M | $194.08M | $215.64M | $170.01M |
| Net Income | $4.11B | $4B | $3.88B | -$1.49B | $4.73B | $3.79B | $3.75B | $3.32B | $1.47B | $2.13B | $1.58B | $2.5B | $2.22B | $1.21B | $154.98M | -$1.18B | $996.71M | $367.55M | $3.06B | $2.82B | $2.34B | $1.81B | $1.09B | $973.96M | $829.64M | $759.26M | $618.04M | $500.87M |
| Net Income Margin | 10.9% | -77.3% | -77.6% | -8.7% | 11.1% | 6.9% | 6.8% | 12.5% | 3.7% | 5.8% | 6.8% | 6.6% | 17.8% | 6.1% | 0.4% | -4.4% | 3.5% | 1.6% | 12.1% | 11.6% | 10.1% | 9.5% | 9.3% | 8.3% | 7.2% | 7.5% | 6.2% | 6.7% |
| Supplementary Data | ||||||||||||||||||||||||||||
| EPS | 3.08 | 2.85 | 2.62 | -1.10 | 3.55 | 2.94 | 2.77 | 2.36 | 0.98 | 1.42 | 1.06 | 1.82 | 1.63 | 0.90 | 0.02 | -0.22 | 0.82 | 0.32 | 2.81 | 2.53 | 2.05 | 1.83 | 1.66 | 1.45 | 1.20 | 1.11 | 0.88 | 0.73 |
| Diluted EPS | 3.07 | 2.84 | 2.61 | -1.10 | 3.54 | 2.93 | 2.77 | 2.35 | 0.98 | 1.41 | 1.05 | 1.80 | 1.62 | 0.88 | 0.02 | -0.22 | 0.82 | 0.32 | 2.78 | 2.51 | 2.03 | 1.81 | 1.66 | 1.44 | 1.19 | 1.11 | 0.88 | 0.73 |
| Weighted Average OS | 1.70B | 1.78B | 1.83B | 1.91B | 1.94B | 1.94B | 1.96B | 1.98B | 1.98B | 1.97B | 1.96B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B | 1.88B |
| EBITDA | $6.75B | $5.16B | $6.1B | -$2.53B | $6.87B | $6.12B | $5.8B | $5.36B | $2.99B | $3.58B | $3.06B | $4.16B | $3.71B | $1.82B | $1.24B | -$686.04M | $1.03B | $1.43B | $4.92B | $4.62B | $3.1B | $2.96B | $1.59B | $1.36B | $1.15B | $1.09B | $127.94M | $111.49M |
| EBITDA Margin | 17.9% | -99.7% | -122.0% | -14.7% | 16.2% | 11.2% | 10.5% | 20.2% | 7.4% | 9.7% | 13.1% | 11.0% | 29.8% | 9.1% | 3.5% | -2.6% | 3.6% | 6.1% | 19.4% | 19.0% | 13.3% | 15.5% | 13.5% | 11.6% | 10.0% | 10.8% | 1.3% | 1.5% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Assets | ||||||||||||||||||||||||||||
| Current Assets | ||||||||||||||||||||||||||||
| Cash and Cash Equivalents | $10.59B | $18.33B | $14.46B | $13.62B | $16.06B | $18.6B | $14.43B | $11.53B | $11.35B | $10.77B | $12.71B | $14.99B | $9.69B | $9.52B | $9.11B | $0 | $0 | $0 | $8.78B | $7.75B | $6.65B | $6.05B | $4.18B | $3.66B | $3.55B | $2.69B | $0 | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $69.65B | $0 | $8.38B | $13.35B | $12.28B | $0 | $5.99B | $3.16B | $6.05B | $612.1M | $740.07M | $492.67M | $628.45M | $0 | $0 |
| Cash and Short-Term Investments | $10.59B | $18.33B | $14.46B | $13.62B | $16.06B | $18.6B | $14.43B | $11.53B | $11.35B | $10.77B | $12.71B | $14.99B | $9.69B | $9.59B | $9.11B | $8.38B | $13.35B | $12.28B | $8.78B | $7.64B | $9.82B | $12.11B | $4.79B | $4.4B | $4.04B | $3.32B | $0 | $0 |
| Accounts Receivable | $43.38B | $0 | $0 | $1.03B | $919.93M | $1.03B | $984.62M | $973.25M | $816.14M | $600.73M | $624.19M | $523.95M | $521.82M | $717.32M | $555.23M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | -$14.46B | $48.58B | $19.33B | $22.13B | $17.56B | $15.44B | $14.27B | $13.3B | $15.1B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $53.98B | $18.33B | $0 | $14.65B | $16.98B | $19.63B | $15.42B | $12.5B | $12.17B | $11.37B | $28.44B | $15.51B | $10.21B | $10.3B | $9.66B | $8.38B | $13.35B | $12.28B | $8.78B | $7.64B | $9.82B | $12.11B | $4.79B | $4.4B | $4.04B | $3.32B | $0 | $0 |
| Long-Term Assets | ||||||||||||||||||||||||||||
| Property, Plant & Equipment Net | $0 | $1.9B | $1.84B | $1.34B | $1.29B | $1.32B | $270.86M | $1.43B | $910.69M | $978.23M | $980.36M | $590.77M | $0 | $0 | $0 | $0 | $0 | $0 | $4.05B | $4.19B | $3.77B | $3.31B | $2.83B | $2.55B | $2.48B | $2.32B | $2.27B | $2.11B |
| Goodwill | $4.89B | $4.46B | $4.21B | $4.28B | $4.02B | $4.06B | $4.08B | $4.17B | $4.06B | $4.18B | $4.04B | $2.26B | $2.21B | $2.2B | $2.42B | $4.22B | $5.06B | $5.64B | $4.78B | $5.3B | $5.33B | $5.21B | $418.73M | $450.72M | $423M | $0 | $0 | $0 |
| Intangible Assets | $3.87B | $3.4B | $3.12B | $3.2B | $3.03B | $3B | $3.01B | $3.01B | $2.93B | $3B | $2.63B | $1.62B | $1.56B | $1.43B | $1.45B | $1.36B | $1.43B | $1.33B | $1.12B | $1.21B | $1.24B | $1.28B | $1.11M | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $650.6B | $173.71B | $168.97B | $161.68B | $179.3B | $172.36B | $157.09B | $145.58B | $139.02B | $133.74B | $124.28B | $105.92B | $91.02B | $93.33B | $92.94B | $88.03B | $80.74B | $77.33B | $108.04B | $81.35B | $82.94B | $87.4B | $34.79B | $38.83B | $38.2B | $27.57B | $0 | $0 |
| Deferred Tax Assets | $4.08B | $0 | $0 | $4.77B | $3.74B | $3.44B | $3.25B | $3.07B | $3.25B | $3.16B | $2.89B | $109.21B | $0 | $0 | $0 | $0 | $0 | $0 | $21.28B | $0 | $0 | $0 | $38.04B | $0 | $40.26B | $0 | $0 | $0 |
| Other Long-Term Assets | $11B | $494.06B | -$178.14B | -$6.1B | -$5.02B | -$4.76B | -$3.52B | -$4.5B | -$4.16B | -$4.13B | -$3.87B | -$109.8B | -$94.79B | -$96.96B | -$96.81B | -$93.62B | -$87.23B | -$177.02M | -$48.35B | -$92.06B | -$93.28B | -$97.21B | -$1.11M | -$41.83B | -$423M | -$29.89B | -$2.27B | -$2.11B |
| Total Long-Term Assets | $674.43B | $677.53B | $0 | $169.16B | $186.35B | $179.42B | $164.19B | $152.76B | $146.01B | $140.92B | $130.95B | $109.8B | $94.79B | $96.96B | $96.81B | $93.62B | $87.23B | $84.29B | $69.64B | $92.06B | $93.28B | $97.21B | $38.04B | $41.83B | $40.68B | $27.57B | $0 | $0 |
| Other Assets | $0 | $0 | $622.46B | $408.88B | $449.04B | $426.81B | $395.62B | $368.13B | $360.46B | $360.05B | $340.3B | $286.6B | $260.15B | $237.53B | $221.96B | $199.98B | $45.26B | $53.45B | $47.03B | $32.65B | $26.16B | $21.67B | $12.28B | $11.5B | $11.16B | $11.89B | $40.44B | $37.32B |
| Total Assets | $728.41B | $695.86B | $622.46B | $592.69B | $652.37B | $625.86B | $575.23B | $533.38B | $518.64B | $512.35B | $499.69B | $411.91B | $365.15B | $344.79B | $328.43B | $301.98B | $145.84B | $150.02B | $125.45B | $132.35B | $129.25B | $130.98B | $55.11B | $57.72B | $55.89B | $42.77B | $40.44B | $37.32B |
| Liabilities | ||||||||||||||||||||||||||||
| Current Liabilities | ||||||||||||||||||||||||||||
| Accounts Payable | $0 | $0 | $0 | $9.7B | $8.63B | $8.17B | $7.66B | $7.48B | $6.73B | $6.7B | $6.41B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $1.24B | $0 | $422.29M | $437.22M | $0 | $0 | $0 | $0 | $0 | $4.98M | $106.64M | $0 | $0 | $0 | $0 | $695.28M | $917.8M | $1.33B | $1.48B | $2.03B | $2.06B | $2.05B | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $138.63M | $253.8M | $61.85M | $86.02M | $83.89M | $126.54M | $275.13M | $374.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $86.02M | $0 | $126.54M | $275.13M | $374.65M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | -$1.24B | $0 | -$422.29M | $242.27B | $3.73B | $3.44B | -$7.83B | $3.13B | -$6.98B | -$7.25B | -$7.26B | $0 | $0 | $0 | $0 | -$695.28M | -$917.8M | -$1.33B | -$1.48B | -$2.03B | -$2.06B | -$2.05B | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Liabilities | $0 | $0 | $0 | $252.41B | $12.61B | $11.67B | $7.83B | $10.69B | $6.98B | $7.25B | $7.26B | $0 | $0 | $0 | $0 | $695.28M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $492.67M | $0 | $0 | $0 |
| Long-Term Liabilities | ||||||||||||||||||||||||||||
| Long-Term Debt | $9.19B | $10.07B | $8.63B | $8.35B | $8.43B | $9.95B | $8.29B | $9.6B | $9.36B | $9.15B | $6.68B | $6.62B | $6.51B | $6.36B | $3.91B | $4.15B | $2.35B | $2.62B | $1.29B | $1.37B | $1.75B | $2.1B | $798.36M | $1.02B | $1.01B | $418.02M | $414.78M | $444.42M |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $91M | $76.78M | $90.29M | $76.07M | $3.16B | $0 | $2.61B | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $1.43B | $1.34B | $1.21B | $1.97B | $1.97B | $1.86B | $1.4B | $1.29B | $910.69M | $966.14M | $877.99M | $873.01M | $438.64M | $493.38M | $544.56M | $990.31M | $837.46M | $1.4B | $0 | $0 | $950.5M | $696.7M | $120.86M | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $680.5B | $646.8B | -$9.84B | -$10.32B | -$10.4B | -$11.81B | -$9.69B | -$10.89B | -$10.27B | -$10.11B | -$7.56B | -$7.49B | -$6.95B | -$6.86B | -$4.46B | -$282.95M | -$3.27B | -$4.11B | -$1.37B | $804.76M | -$2.7B | -$5.4B | -$919.22M | -$1.02B | -$1.01B | -$418.02M | -$414.78M | -$444.42M |
| Total Long-Term Liabilities | $691.12B | $658.21B | $0 | -$437.22M | $750.73M | $0 | $461.39M | $0 | $283.66M | $0 | $0 | $0 | $0 | $0 | $0 | $4.95B | $3.27B | $4.11B | $1.37B | $5.33B | $2.7B | $5.4B | $0 | $0 | $1.01B | $418.58M | $415.08M | $444.42M |
| Other Liabilities | $0 | $0 | $587.82B | $311.48B | $613.19B | $588.17B | $531.31B | $499.86B | $481.4B | $481.9B | $469.87B | $387.79B | $344.51B | $326.91B | $310.74B | $130B | $125.79B | $130.69B | $108.15B | $114.07B | $112.81B | $114.46B | $47.79B | $50.75B | $47.73B | $37.36B | $34.78B | $32.48B |
| Total Liabilities | $691.12B | $658.21B | $587.82B | $563.45B | $626.55B | $588.17B | $539.61B | $499.86B | $488.67B | $481.9B | $469.87B | $387.79B | $344.51B | $326.99B | $310.83B | $135.64B | $125.79B | $130.5B | $108.15B | $113.97B | $112.81B | $114.46B | $48.5B | $50.75B | $49.24B | $37.36B | $34.78B | $32.48B |
| Stockholders' Equity | ||||||||||||||||||||||||||||
| Preferred Stock | $4.73B | $4.73B | $4.73B | $4.73B | $4.54B | $2.72B | $2.72B | $2.72B | $2.54B | $2.54B | $1.91B | $1.91B | $1.91B | $1.78B | $1.29B | $1.01B | $1.01B | $453.57M | $453.57M | $453.57M | $244.56M | $244.56M | $244.56M | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $14.28B | $14.7B | $15.3B | $15.77B | $16.42B | $16.38B | $16.44B | $16.32B | $16.34B | $16.26B | $16.21B | $14.61B | $14.38B | $14.14B | $13.91B | $0 | $13.46B | $11.49B | $9.95B | $10.13B | $10.3B | $10.41B | $0 | $423.71M | $436.5M | $435.08M | $0 | $0 |
| Retained Earnings | $3.57B | $3.39B | $3.43B | $2.81B | $6.86B | $13.43B | $11.01B | $9.03B | $7.17B | $6.94B | $5.97B | $5.42B | $3.76B | $2.26B | $1.78B | $2.41B | $9.15B | $9.1B | $10.23B | $9.61B | $6.22B | $5.82B | $5.92B | $5.73B | $5.42B | $4.66B | $4.11B | $0 |
| Comprehensive Income & Other | $12.88B | $13.27B | $9.82B | $9.85B | $3.68B | $4.5B | $4.58B | $4.42B | $2.91B | $3.8B | $4.97B | $1.54B | $32.7M | -$262.33M | $68.25M | -$4.01B | -$3.26B | -$1.88B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $18.38B | $18.55B | $14.89B | $14.7B | $17.36B | $6.84B | $7.31B | $7.39B | $5.8B | $6.72B | $7.22B | $3.76B | $2.22B | $1.8B | $1.71B | $16.58B | -$2.12B | -$1.11B | -$2.94B | -$1.5B | $394.25M | $432.56M | $661.68M | $65.4M | $44.08M | $31.44M | $1.02B | $4.79B |
| Total Equity | $36.23B | $36.64B | $33.62B | $33.27B | $40.65B | $36.65B | $34.76B | $32.74B | $29.31B | $29.92B | $29.39B | $23.79B | $20.37B | $18.2B | $17.39B | $18.99B | $20.49B | $19.47B | $17.24B | $18.24B | $16.91B | $16.67B | $6.58B | $6.22B | $5.9B | $5.13B | $5.13B | $4.79B |
| Minority Interest | $1.09B | $1.01B | $1.02B | $1.18B | $1.2B | $1.03B | $860.92M | $777.04M | $660.44M | $528.21M | $420.86M | $329.87M | $267.31M | $356.17M | $295.03M | $113.04M | $56.87M | $44.08M | $103.79M | $143.61M | $132.94M | $741.49M | $26.3M | $752.86M | $756.42M | $212.49M | $534.87M | $53.61M |
| Total Liabilities and Equity | $727.35B | $694.85B | $621.45B | $596.72B | $667.2B | $624.82B | $574.37B | $532.61B | $517.98B | $511.82B | $499.26B | $411.58B | $364.88B | $345.19B | $328.22B | $154.63B | $146.28B | $149.98B | $125.39B | $132.21B | $129.72B | $131.13B | $55.08B | $56.97B | $55.13B | $42.49B | $39.91B | $37.27B |
| Supplementary Data | ||||||||||||||||||||||||||||
| Total Debt | $10.42B | $10.07B | $9.06B | $8.78B | $8.43B | $9.95B | $8.29B | $9.6B | $9.36B | $9.15B | $6.79B | $6.62B | $6.51B | $6.36B | $3.91B | $4.56B | $3.27B | $3.96B | $2.78B | $3.41B | $3.81B | $4.14B | $798.36M | $1.02B | $1.01B | $418.02M | $414.78M | $444.42M |
| Net Debt | -$168.35M | -$8.27B | -$5.4B | -$4.83B | -$7.63B | -$8.65B | -$6.14B | -$1.93B | -$1.99B | -$1.62B | -$5.93B | -$8.37B | -$3.18B | -$3.22B | -$5.2B | -$3.58B | $3.27B | $3.96B | -$6.01B | -$4.34B | -$2.85B | -$1.91B | -$3.38B | -$2.64B | -$2.54B | -$2.27B | $414.78M | $444.42M |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 | FY 2006 | FY 2005 | FY 2004 | FY 2003 | FY 2002 | FY 2001 | FY 2000 | FY 1999 | FY 1998 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 | 2006-12-31 | 2005-12-31 | 2004-12-31 | 2003-12-31 | 2002-12-31 | 2001-12-31 | 2000-12-31 | 1999-12-31 | 1998-12-31 |
| Operating Activities | ||||||||||||||||||||||||||||
| Net Income | $3.96B | $4.18B | $3.63B | -$1.41B | $4.91B | $3.96B | $3.91B | $3.47B | $1.61B | $2.23B | $1.63B | $2.55B | $2.25B | $1.2B | $174.18M | -$1.08B | $1.01B | $353.33M | $3.01B | $2.82B | $2.34B | $1.82B | $1.1B | $977.11M | $831.84M | $760.28M | $617.62M | $500.87M |
| Depreciation & Amortization | $618.56M | -$1.07B | $413.04M | -$1.05B | $376.08M | $466.36M | $445.04M | $531.06M | $398.12M | $492.67M | $412.33M | $328.45M | $302.85M | $277.26M | $245.27M | $224.65M | $216.12M | $179.86M | $199.77M | $166.36M | -$532.48M | $82.09M | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Income Tax | -$4.27M | $221.1M | $334.13M | -$1.42B | -$90.29M | $199.06M | -$322.76M | $661.16M | -$235.31M | -$167.07M | -$243.85M | $69.67M | $337.69M | -$1.07B | -$149.29M | -$324.18M | -$906.42M | -$168.49M | $659.73M | $708.08M | $512.39M | $449.74M | $144.23M | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $1.42M | $3.55M | $6.4M | $9.95M | $7.82M | $7.11M | $10.66M | $13.51M | $11.37M | $9.95M | $10.66M | $12.09M | $16.35M | $17.77M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||||||||||||||||||||
| Accounts Receivable | $0 | $0 | $4.72B | $0 | $0 | $784.14M | $1.18B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $689.71M | $2.65B | $1.21B | -$40.03M | $135.97M | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | $24.4B | $16.27B | $8.61B | $7.88B | $7.7B | $24.73B | $23.7B | $2.5B | $15.81B | $11.48B | $4.43B | $17.03B | -$8.3B | $8.9B | $17.77B | $10.85B | $95.26M | $2.27B | $689.71M | $2.74M | $2.6B | $223K | $135.97M | $0 | $0 | $0 | $0 | $0 |
| Total Working Capital Change | $24.4B | $16.27B | $13.33B | $7.88B | $7.7B | $25.51B | $24.89B | $2.5B | $15.81B | $11.48B | $4.43B | $17.03B | -$8.3B | $8.9B | $17.77B | $10.85B | $95.26M | $2.27B | $1.38B | $2.66B | $3.82B | -$39.81M | $271.93M | $0 | $0 | $0 | $0 | $0 |
| Other Non-Cash Items | -$6.17B | -$767.08M | -$3.18B | $7.81B | $3.56B | -$15.9B | -$14.32B | $6.47B | -$4.95B | -$1.94B | $1.1B | -$12.31B | $12.3B | -$1.45B | -$10.33B | -$1.47B | $8.13B | $3B | -$155.22M | -$1.61B | -$875.31M | $1.77B | $376.25M | $628.15M | -$2.77B | $600.11M | $1.45B | -$508.62M |
| Net Cash from Operating | $22.81B | $18.84B | $14.52B | $11.82B | $16.46B | $14.25B | $14.6B | $13.64B | $12.65B | $12.11B | $7.35B | $7.68B | $6.9B | $7.88B | $7.73B | $8.22B | $8.55B | $5.63B | $5.09B | $4.75B | $5.26B | $4.09B | $1.89B | $1.61B | -$1.94B | $1.36B | $2.07B | -$7.75M |
| Investing Activities | ||||||||||||||||||||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $17.24B | $0 | $57.31B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $39.14B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | -$907.11M | -$211.14M | -$711K | -$129.39M | -$13.51M | $0 | $204.74M | $132.94M | -$7.11M | -$351.91M | -$2.71B | -$141.47M | -$255.22M | $0 | $0 | -$19.91M | -$9.24M | -$11.37M | $88.87M | -$42.19M | $0 | $1.84B | $0 | -$98.82M | $7.75B | $0 | $0 | $0 |
| Purchases of Investments | -$96.23B | $0 | -$59.74B | $0 | -$86.01B | -$79.61B | -$57.31B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$54.1B | -$34.47B | -$35.24B | -$37.9B | -$46.7B | -$42.08B | -$34.09B | -$27.31B | -$32.89B | -$34.46B | $0 | $0 | $0 |
| Sales of Investments | $77.14B | $0 | $0 | $0 | $68.77B | $0 | $46.45B | $58.37B | $50.28B | $58.3B | $47.6B | $41.85B | $41.04B | $50.87B | $0 | $97.4M | $363.28M | $368.26M | $37.28B | $45.33B | $83.11B | $66.16B | $52.69B | $64.86B | $28.24B | $23.89B | $0 | $0 |
| Other Investing Activities | -$149.17M | -$12.91B | $49.99B | -$12.95B | -$17.36B | $69.55B | -$56.48B | -$72.02B | -$61.85B | -$74.11B | -$54.77B | -$44.6B | -$48.28B | -$58.68B | -$7.65B | -$405.22M | $27.15B | $29.76B | $361.86M | $248K | -$42.08B | -$34.28B | -$27.31B | -$32.89B | $0 | -$24.09B | -$1.37B | -$255.4M |
| Net Cash from Investing | -$20.15B | -$13.12B | -$9.75B | -$13.08B | -$17.38B | -$10.06B | -$9.83B | -$13.51B | -$11.58B | -$16.17B | -$9.89B | -$2.89B | -$7.5B | -$7.82B | -$7.65B | -$15.29B | -$6.97B | -$5.12B | -$171.33M | -$1.42B | -$1.04B | -$372.52M | -$1.93B | -$1.01B | $1.53B | -$200.75M | -$1.37B | -$255.4M |
| Financing Activities | ||||||||||||||||||||||||||||
| Debt Repaid | $230.15M | -$891.49M | -$734.38M | -$186.97M | $1.54B | -$2.69B | $1.07B | $2.13M | -$1.03B | -$2.93B | $48.34M | -$1.57B | -$602.86M | $87.44M | $509.73M | -$1.85B | $2.51B | $277.97M | $1.95B | -$1.67B | -$1.11B | -$1.13B | $151.43M | - | -$565.89M | - | - | $20.42M |
| Common Stock Issuance | $1.04B | $102.37M | $66.83M | $16.35M | $36.26M | $25.59M | $73.94M | $41.94M | $88.15M | $46.92M | $26.3M | $587.93M | $12.09M | $0 | $1.42M | $2.13M | $1.75B | $1.6B | $92.42M | $98.82M | $136.55M | $447.88M | $1.84M | $7.31M | $1.42M | $0 | $495.25M | $0 |
| Common Stock Repurchases | -$1.73B | -$2.33B | -$1.13B | -$1.34B | -$435.08M | -$179.86M | -$951.92M | -$339.82M | $0 | $0 | $0 | -$568.74M | $0 | $0 | $0 | $0 | $0 | -$286.5M | -$1.6B | -$1.16B | -$884.44M | -$468.5M | -$6.43M | -$517.75M | $0 | -$146.45M | -$91.83M | $0 |
| Dividends Paid | -$2.35B | -$2.25B | -$2.11B | -$1.98B | -$1.78B | -$1.66B | -$993.87M | -$1.27B | -$1.27B | -$1.13B | -$1.01B | -$646.94M | -$541.01M | -$521.1M | -$497.64M | $0 | -$816.85M | -$1.08B | -$953.34M | -$805.47M | -$658.31M | -$490.53M | -$256.64M | -$202.61M | -$164.22M | -$137.21M | $0 | $0 |
| Other Financing Activities | $2.15B | $610.68M | $132.94M | $1.42B | $6.4M | -$401.67M | $1.47B | $1.02B | $160.67M | -$134.36M | -$389.58M | $451.43M | $373.23M | $632.01M | $770.64M | $231.05M | $728.69M | $1.52B | $1.54B | -$2.84B | -$3.98B | -$2.35B | $637.81M | $473.47M | $725.14M | -$1.27M | -$488.03M | $0 |
| Net Cash from Financing | -$1.46B | -$2.97B | -$3.58B | -$1.5B | -$1.46B | $471.34M | -$1.48B | -$514.71M | $9.95M | $2.34B | -$1.43B | $14.93M | $350.48M | $501.91M | $465.65M | $1.59B | $841.02M | $1.47B | -$3.26B | -$2.85B | -$4.13B | -$1.68B | $916.38M | -$492.67M | $1.32B | -$682.33M | $493.19M | -$20.42M |
| Forex Effect | -$1.23B | $850.97M | -$292.9M | $415.89M | -$226.78M | -$375.37M | -$331.29M | $584.38M | -$467.79M | -$246.69M | $1.49B | $561.63M | $340.53M | -$157.11M | $136.5M | -$241M | -$1.37B | $1.52B | -$788.41M | $16.35M | -$147.87M | -$165.64M | -$410.2M | $0 | $0 | -$1.07M | $0 | $0 |
| Net Change in Cash | -$28.07M | $3.6B | $887.94M | -$2.34B | -$2.6B | $4.29B | $2.96B | $201.9M | $611.39M | -$1.96B | -$2.44B | $5.37B | $94.55M | $405.94M | $681.06M | -$4.97B | $1.04B | $3.5B | $1.09B | $1.47B | $510.44M | $1.87B | $459.25M | $104.51M | $910.69M | $476.24M | $1.19B | -$283.57M |
| Supplementary Data | ||||||||||||||||||||||||||||
| Operating Cash Flow | $22.81B | $18.84B | $14.52B | $11.82B | $16.46B | $14.25B | $14.6B | $13.64B | $12.65B | $12.11B | $7.35B | $7.68B | $6.9B | $7.88B | $6.64B | $8.22B | $8.55B | $5.63B | $5.31B | $5.72B | $5.83B | $4.09B | $1.89B | $1.61B | -$1.94B | $1.36B | $2.07B | -$7.75M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $17.24B | $0 | $57.31B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $39.14B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $22.81B | $18.84B | $14.52B | $11.82B | $33.7B | $14.25B | $71.91B | $13.64B | $12.65B | $12.11B | $7.35B | $7.68B | $6.9B | $7.88B | $7.73B | $47.36B | $8.55B | $5.63B | $5.31B | $5.72B | $5.83B | $4.09B | $1.89B | $1.61B | -$1.94B | $1.36B | $2.07B | -$7.75M |
| Cash at Beginning | $10.62B | $14.14B | $13.25B | $15.59B | $18.19B | $13.9B | $10.94B | $10.73B | $10.12B | $12.09B | $14.53B | $9.16B | $9.07B | $8.73B | $8.05B | $12.98B | $11.94B | $8.44B | $7.34B | $5.87B | $5.82B | $3.95B | $3.49B | $3.38B | $2.47B | $2B | $813.04M | $1.09B |
| Cash at End | $10.59B | $17.73B | $14.14B | $13.25B | $15.59B | $18.19B | $13.9B | $10.94B | $10.73B | $10.12B | $12.09B | $14.53B | $9.16B | $9.14B | $8.73B | $8.01B | $12.98B | $11.94B | $8.44B | $7.34B | $6.33B | $5.82B | $3.95B | $3.49B | $3.38B | $2.48B | $2B | $804.1M |