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

MANULIFE FINANCIAL CORP is the larger business by last-quarter revenue ($29.4B vs $23.9B, roughly 1.2× Micron Technology). Micron Technology runs the higher net margin — 57.8% vs 12.1%, a 45.7% gap on every dollar of revenue.

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 ...

Micron Technology, Inc. is an American producer of computer memory and computer data storage including dynamic random-access memory, flash memory, and solid-state drives (SSDs). It is headquartered in Boise, Idaho.

MFC vs MU — Head-to-Head

Bigger by revenue
MFC
MFC
1.2× larger
MFC
$29.4B
$23.9B
MU
Higher net margin
MU
MU
45.7% more per $
MU
57.8%
12.1%
MFC

Income Statement — Q3 FY2022 vs Q2 FY2026

Metric
MFC
MFC
MU
MU
Revenue
$29.4B
$23.9B
Net Profit
$3.5B
$13.8B
Gross Margin
74.4%
Operating Margin
67.6%
Net Margin
12.1%
57.8%
Revenue YoY
196.3%
Net Profit YoY
770.8%
EPS (diluted)
$1.83
$12.07

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
MFC
MFC
MU
MU
Q1 26
$23.9B
Q4 25
$13.6B
Q3 25
$11.3B
Q2 25
$9.3B
Q1 25
$8.1B
Q4 24
$8.7B
Q3 24
$7.8B
Q2 24
$6.8B
Net Profit
MFC
MFC
MU
MU
Q1 26
$13.8B
Q4 25
$5.2B
Q3 25
$3.2B
Q2 25
$1.9B
Q1 25
$1.6B
Q4 24
$1.9B
Q3 24
Q2 24
$332.0M
Gross Margin
MFC
MFC
MU
MU
Q1 26
74.4%
Q4 25
56.0%
Q3 25
44.7%
Q2 25
37.7%
Q1 25
36.8%
Q4 24
38.4%
Q3 24
35.3%
Q2 24
26.9%
Operating Margin
MFC
MFC
MU
MU
Q1 26
67.6%
Q4 25
45.0%
Q3 25
32.3%
Q2 25
23.3%
Q1 25
22.0%
Q4 24
25.0%
Q3 24
Q2 24
10.6%
Net Margin
MFC
MFC
MU
MU
Q1 26
57.8%
Q4 25
38.4%
Q3 25
28.3%
Q2 25
20.3%
Q1 25
19.7%
Q4 24
21.5%
Q3 24
Q2 24
4.9%
EPS (diluted)
MFC
MFC
MU
MU
Q1 26
$12.07
Q4 25
$4.60
Q3 25
$2.83
Q2 25
$1.68
Q1 25
$1.41
Q4 24
$1.67
Q3 24
Q2 24
$0.30

Balance Sheet & Financial Strength

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

Metric
MFC
MFC
MU
MU
Cash + ST InvestmentsLiquidity on hand
$13.9B
Total DebtLower is stronger
$9.6B
Stockholders' EquityBook value
$72.5B
Total Assets
$101.5B
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MFC
MFC
MU
MU
Q1 26
$13.9B
Q4 25
$9.7B
Q3 25
$9.6B
Q2 25
$10.2B
Q1 25
$7.6B
Q4 24
$6.7B
Q3 24
$7.0B
Q2 24
$7.6B
Total Debt
MFC
MFC
MU
MU
Q1 26
$9.6B
Q4 25
$11.2B
Q3 25
$14.0B
Q2 25
$15.0B
Q1 25
$13.9B
Q4 24
$13.3B
Q3 24
$13.0B
Q2 24
$12.9B
Stockholders' Equity
MFC
MFC
MU
MU
Q1 26
$72.5B
Q4 25
$58.8B
Q3 25
$54.2B
Q2 25
$50.7B
Q1 25
$48.6B
Q4 24
$46.8B
Q3 24
$45.1B
Q2 24
$44.2B
Total Assets
MFC
MFC
MU
MU
Q1 26
$101.5B
Q4 25
$86.0B
Q3 25
$82.8B
Q2 25
$78.4B
Q1 25
$73.1B
Q4 24
$71.5B
Q3 24
$69.4B
Q2 24
$66.3B
Debt / Equity
MFC
MFC
MU
MU
Q1 26
0.13×
Q4 25
0.19×
Q3 25
0.26×
Q2 25
0.30×
Q1 25
0.28×
Q4 24
0.28×
Q3 24
0.29×
Q2 24
0.29×

Cash Flow & Capital Efficiency

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

Metric
MFC
MFC
MU
MU
Operating Cash FlowLast quarter
$13.2K
$11.9B
Free Cash FlowOCF − Capex
$5.5B
FCF MarginFCF / Revenue
23.1%
Capex IntensityCapex / Revenue
26.8%
Cash ConversionOCF / Net Profit
0.00×
0.86×
TTM Free Cash FlowTrailing 4 quarters
$11.9B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MFC
MFC
MU
MU
Q1 26
$11.9B
Q4 25
$8.4B
Q3 25
$17.5B
Q2 25
$4.6B
Q1 25
$3.9B
Q4 24
$3.2B
Q3 24
$8.5B
Q2 24
$2.5B
Free Cash Flow
MFC
MFC
MU
MU
Q1 26
$5.5B
Q4 25
$3.0B
Q3 25
$1.7B
Q2 25
$1.7B
Q1 25
$-113.0M
Q4 24
$38.0M
Q3 24
$121.0M
Q2 24
$396.0M
FCF Margin
MFC
MFC
MU
MU
Q1 26
23.1%
Q4 25
22.2%
Q3 25
14.7%
Q2 25
18.0%
Q1 25
-1.4%
Q4 24
0.4%
Q3 24
1.6%
Q2 24
5.8%
Capex Intensity
MFC
MFC
MU
MU
Q1 26
26.8%
Q4 25
39.5%
Q3 25
140.1%
Q2 25
31.6%
Q1 25
50.4%
Q4 24
36.8%
Q3 24
108.2%
Q2 24
30.6%
Cash Conversion
MFC
MFC
MU
MU
Q1 26
0.86×
Q4 25
1.61×
Q3 25
5.47×
Q2 25
2.45×
Q1 25
2.49×
Q4 24
1.73×
Q3 24
Q2 24
7.48×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MFC
MFC

Segment breakdown not available.

MU
MU

CMBU$7.7B32%
MCBU$7.7B32%
CDBU$5.7B24%
AEBU$2.7B11%
Other Product Sales$95.0M0%

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