MFC FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
MFC's fcf yield is lower than 95% of the last 10 years.
FCF Yield History
MFC FCF Yield by year
Yearly range of MFC’s fcf yield from 2016 to 2026. Over the full period it ranged from 29.2% to 81.4%, averaging 41.3%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 29.2% | 33.7% | 41.4% | 30.0% |
| 2025 | 33.0% | 37.7% | 43.3% | 37.7% |
| 2024 | 31.0% | 34.9% | 39.4% | 33.7% |
| 2023 | 41.6% | 46.9% | 53.7% | 43.6% |
| 2022 | 39.7% | 45.4% | 52.2% | 40.1% |
| 2021 | 35.9% | 42.7% | 50.7% | 49.3% |
| 2020 | 38.1% | 53.5% | 81.4% | 45.4% |
| 2019 | 37.9% | 42.2% | 50.2% | 39.9% |
| 2018 | 30.8% | 39.5% | 53.3% | 49.9% |
| 2017 | 30.8% | 35.1% | 40.1% | 32.0% |
| 2016 | 31.6% | 37.6% | 44.3% | 35.0% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is MFC FCF Yield High or Low Right Now?
Manulife Financial Corporation's FCF Yield is currently 30.0%, which is near historic low relative to its 10-year historical range. The 10-year median FCF Yield for MFC is approximately 40.1%. See all MFC valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.