AIG vs. MFC: American International vs. Manulife Financial Stock Comparison
How do American International (AIG) and Manulife Financial (MFC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
American International (AIG) and Manulife Financial (MFC) both belong to the Insurance industry, though AIG is classified under Multi-line Insurance while MFC falls under Life & Health Insurance.
| Profile Item | AIG | MFC |
|---|---|---|
| Name | American International Group, Inc. | Manulife Financial Corporation |
| Country/Region | United States | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Multi-line Insurance | Life & Health Insurance |
| Market Capitalization | 40.31 billion USD | 71.43 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1973 | September 24, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | AIG | MFC |
|---|---|---|
| Total Return (1Y) | 5.79% | 36.28% |
| Total Return (3Y, Annualized) | 10.55% | 38.35% |
| Total Return (5Y, Annualized) | 8.67% | 22.50% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | AIG | MFC |
|---|---|---|
| Volatility (1Y, Annualized) | 23.72% | 20.87% |
| Beta (5Y) | 0.47 | 0.85 |
| Max Drawdown (5Y) | -26.45% | -26.99% |
| Avg. Volume (3M) | 4.14M | 1.92M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | AIG | MFC |
|---|---|---|
| Sharpe Ratio (1Y) | 0.06 | 1.53 |
| Sortino Ratio (1Y) | 0.09 | 2.19 |
Profitability
ROE (TTM)
Manulife Financial (MFC) at 12.24% is around its peer norm for ROE, while American International (AIG) at 8.23% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
AIG
Insurance industry group
8.23%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- Q1
- 8.79%
- AIG
- 8.23%
- Min
- -10.66%
MFC
Insurance industry group
12.24%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- MFC
- 12.24%
- Q1
- 8.79%
- Min
- -10.66%
Net Margin (TTM)
Manulife Financial (MFC) at 18.97% retains a top-quartile share of revenue as profit, ahead of American International (AIG) at 11.84%, which keeps about the industry-typical share.
AIG
Insurance industry group
11.84%
- Max
- 29.92%
- Q3
- 17.03%
- AIG
- 11.84%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
MFC
Insurance industry group
18.97%
- Max
- 29.92%
- MFC
- 18.97%
- Q3
- 17.03%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for American International (AIG) in Insurance and Manulife Financial (MFC) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | AIG | MFC |
|---|---|---|
| ROE (TTM) | 8.23% | 12.24% |
| ROA (TTM) | 1.95% | 0.59% |
| Net Margin (TTM) | 11.84% | 18.97% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Only one side can be read here: American International (AIG) reports revenue growth of -1.82%, ranked against its industry; Manulife Financial (MFC) has no revenue growth figure this period.
EPS Growth
Only one side can be read here: Manulife Financial (MFC) reports EPS growth of 8.10%, ranked against its industry; American International (AIG) has no EPS growth figure this period.
Growth Metrics
| Metric | AIG | MFC |
|---|---|---|
| Revenue Growth (YoY) | -1.82% | -- |
| Revenue Growth (3Y CAGR) | -3.69% | 29.95% |
| EPS Growth (YoY) | -- | 8.10% |
| EPS Growth (3Y CAGR) | -25.13% | -5.86% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: American International (AIG) in Insurance and Manulife Financial (MFC) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: American International (AIG) in Insurance and Manulife Financial (MFC) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | AIG | MFC |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Both American International (AIG) at 2.35% and Manulife Financial (MFC) at 4.32% offer top-quartile dividend income relative to share price within their industries.
AIG
Insurance industry group
2.35%
- Max
- 5.12%
- AIG
- 2.35%
- Q3
- 2.15%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
MFC
Insurance industry group
4.32%
- Max
- 5.12%
- MFC
- 4.32%
- Q3
- 2.15%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
American International (AIG) at 31.00% pays out a band-typical share of earnings, while Manulife Financial (MFC) at 54.30% distributes more than its industry norm — less retained, thinner cover.
AIG
Insurance industry group
31.00%
- Max
- 76.67%
- Q3
- 35.18%
- AIG
- 31.00%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
MFC
Insurance industry group
54.30%
- Max
- 76.67%
- MFC
- 54.30%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | AIG | MFC |
|---|---|---|
| Dividend Yield (TTM) | 2.35% | 4.32% |
| Dividend Payout Ratio (TTM) | 31.00% | 54.30% |
Valuation
P/E Ratio (TTM)
Both American International (AIG) at 12.68 and Manulife Financial (MFC) at 17.23 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
AIG
Insurance industry group
12.68
- Max
- 28.37
- Q3
- 18.75
- AIG
- 12.68
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
MFC
Insurance industry group
17.23
- Max
- 28.37
- Q3
- 18.75
- MFC
- 17.23
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
P/S Ratio (TTM)
On P/S ratio, both American International (AIG) at 1.45 and Manulife Financial (MFC) at 2.11 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
AIG
Insurance industry group
1.45
- Max
- 4.03
- Q3
- 2.25
- AIG
- 1.45
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
MFC
Insurance industry group
2.11
- Max
- 4.03
- Q3
- 2.25
- MFC
- 2.11
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
P/B Ratio (MRQ)
American International (AIG) at 1.04 sits in the lower P/B ratio quartile against book while Manulife Financial (MFC) at 2.13 is valued near its industry’s middle — AIG is cheaper on assets, though weigh it against ROE and asset quality.
AIG
Insurance industry group
1.04
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- Q1
- 1.23
- AIG
- 1.04
- Min
- 0.30
MFC
Insurance industry group
2.13
- Max
- 5.07
- Q3
- 2.79
- MFC
- 2.13
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
Valuation Metrics
| Metric | AIG | MFC |
|---|---|---|
| P/E Ratio (TTM) | 12.68 | 17.23 |
| P/S Ratio (TTM) | 1.45 | 2.11 |
| P/B Ratio (MRQ) | 1.04 | 2.13 |
| Free Cash Flow Yield (TTM) | -- | -- |