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Side-by-side financial comparison of BROOKFIELD Corp (BN) and MANULIFE FINANCIAL CORP (MFC). Click either name above to swap in a different company.

MANULIFE FINANCIAL CORP is the larger business by last-quarter revenue ($29.4B vs $18.1B, roughly 1.6× BROOKFIELD Corp). MANULIFE FINANCIAL CORP runs the higher net margin — 12.1% vs 5.8%, a 6.3% gap on every dollar of revenue.

Brookfield Properties is a North American subsidiary of commercial real estate firm Brookfield Property Partners, which itself is a subsidiary of alternative asset management company Brookfield Corporation. It is responsible for the asset management of the company's real estate portfolio, including office, multi-family residential, retail, hospitality, and logistics buildings.

Manulife Financial Corporation is a Canadian multinational insurance company and financial services provider headquartered in Toronto, Ontario. The company operates in Canada and Asia as "Manulife" and in the United States primarily through its John Hancock Financial division. As of December 2021, the company employed approximately 38,000 people and had 119,000 agents under contract, and has CA$1.4 trillion in assets under management and administration. Manulife at one point serviced over 26 ...

BN vs MFC — Head-to-Head

Bigger by revenue
MFC
MFC
1.6× larger
MFC
$29.4B
$18.1B
BN
Higher net margin
MFC
MFC
6.3% more per $
MFC
12.1%
5.8%
BN

Income Statement — Q2 FY2025 vs Q3 FY2022

Metric
BN
BN
MFC
MFC
Revenue
$18.1B
$29.4B
Net Profit
$1.1B
$3.5B
Gross Margin
Operating Margin
Net Margin
5.8%
12.1%
Revenue YoY
Net Profit YoY
EPS (diluted)
$0.15
$1.83

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BN
BN
MFC
MFC
Q2 25
$18.1B
Q2 23
$23.7B
Q3 22
$29.4B
Q2 22
$23.3B
$17.7B
Net Profit
BN
BN
MFC
MFC
Q2 25
$1.1B
Q2 23
$1.5B
Q3 22
$3.5B
Q2 22
$1.5B
$2.6B
Net Margin
BN
BN
MFC
MFC
Q2 25
5.8%
Q2 23
6.4%
Q3 22
12.1%
Q2 22
6.3%
14.6%
EPS (diluted)
BN
BN
MFC
MFC
Q2 25
$0.15
Q2 23
$0.03
Q3 22
$1.83
Q2 22
$0.34
$1.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BN
BN
MFC
MFC
Cash + ST InvestmentsLiquidity on hand
$13.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$161.6B
Total Assets
$506.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BN
BN
MFC
MFC
Q2 25
$13.7B
Q2 23
$12.4B
Q3 22
Q2 22
$12.2B
Stockholders' Equity
BN
BN
MFC
MFC
Q2 25
$161.6B
Q2 23
$155.6B
Q3 22
Q2 22
$134.0B
Total Assets
BN
BN
MFC
MFC
Q2 25
$506.1B
Q2 23
$463.1B
Q3 22
Q2 22
$411.9B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BN
BN
MFC
MFC
Operating Cash FlowLast quarter
$2.0B
$13.2K
Free Cash FlowOCF − Capex
$-745.0M
FCF MarginFCF / Revenue
-4.1%
Capex IntensityCapex / Revenue
15.2%
Cash ConversionOCF / Net Profit
1.91×
0.00×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BN
BN
MFC
MFC
Q2 25
$2.0B
Q2 23
$406.0M
Q3 22
$13.2K
Q2 22
$3.1B
$8.4K
Free Cash Flow
BN
BN
MFC
MFC
Q2 25
$-745.0M
Q2 23
$-1.2B
Q3 22
Q2 22
$1.5B
FCF Margin
BN
BN
MFC
MFC
Q2 25
-4.1%
Q2 23
-5.3%
Q3 22
Q2 22
6.3%
Capex Intensity
BN
BN
MFC
MFC
Q2 25
15.2%
Q2 23
7.0%
Q3 22
Q2 22
7.1%
Cash Conversion
BN
BN
MFC
MFC
Q2 25
1.91×
Q2 23
0.27×
Q3 22
0.00×
Q2 22
2.12×
0.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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