ALL vs. MFC: Allstate vs. Manulife Financial Stock Comparison
How do Allstate (ALL) 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
Allstate (ALL) and Manulife Financial (MFC) both belong to the Insurance industry, though ALL is classified under Property & Casualty Insurance while MFC falls under Life & Health Insurance.
| Profile Item | ALL | MFC |
|---|---|---|
| Name | Allstate Corporation | Manulife Financial Corporation |
| Country/Region | United States | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Property & Casualty Insurance | Life & Health Insurance |
| Market Capitalization | 64.80 billion USD | 71.34 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 3, 1993 | September 24, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | ALL | MFC |
|---|---|---|
| Total Return (1Y) | 33.12% | 43.10% |
| Total Return (3Y, Annualized) | 34.35% | 34.88% |
| Total Return (5Y, Annualized) | 17.12% | 22.57% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | ALL | MFC |
|---|---|---|
| Volatility (1Y, Annualized) | 24.54% | 20.36% |
| Beta (5Y) | 0.16 | 0.84 |
| Max Drawdown (5Y) | -27.35% | -26.99% |
| Avg. Volume (3M) | 1.75M | 2.08M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | ALL | MFC |
|---|---|---|
| Sharpe Ratio (1Y) | 1.19 | 1.92 |
| Sortino Ratio (1Y) | 1.74 | 2.75 |
Profitability
ROE (TTM)
Allstate (ALL) at 45.22% clears its industry range for ROE, a sharper capital-efficiency signal than Manulife Financial (MFC) at 12.56%, which is closer to a typical peer reading.
ALL
Insurance industry group
45.22%
- ALL
- 45.22%
- Max
- 38.88%
- Q3
- 22.63%
- Median
- 14.77%
- Q1
- 9.95%
- Min
- -6.23%
MFC
Insurance industry group
12.56%
- Max
- 38.88%
- Q3
- 22.63%
- Median
- 14.77%
- MFC
- 12.56%
- Q1
- 9.95%
- Min
- -6.23%
Net Margin (TTM)
Manulife Financial (MFC) at 20.04% retains a top-quartile share of revenue as profit, ahead of Allstate (ALL) at 17.81%, which keeps about the industry-typical share.
ALL
Insurance industry group
17.81%
- Max
- 38.86%
- Q3
- 19.36%
- ALL
- 17.81%
- Median
- 11.21%
- Q1
- 5.05%
- Min
- -2.80%
MFC
Insurance industry group
20.04%
- Max
- 38.86%
- MFC
- 20.04%
- Q3
- 19.36%
- Median
- 11.21%
- Q1
- 5.05%
- Min
- -2.80%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Allstate (ALL) 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 | ALL | MFC |
|---|---|---|
| ROE (TTM) | 45.22% | 12.56% |
| ROA (TTM) | 7.52% | 0.59% |
| Net Margin (TTM) | 17.81% | 20.04% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Only one side can be read here: Allstate (ALL) reports revenue growth of 5.60%, ranked against its industry; Manulife Financial (MFC) has no revenue growth figure this period.
EPS Growth
Allstate (ALL) at 124.01% sits in the top EPS growth quartile, while Manulife Financial (MFC) at 8.10% is closer to the peer norm — faster per-share earnings growth for ALL.
Growth Metrics
| Metric | ALL | MFC |
|---|---|---|
| Revenue Growth (YoY) | 5.60% | -- |
| Revenue Growth (3Y CAGR) | 9.84% | 29.95% |
| EPS Growth (YoY) | 124.01% | 8.10% |
| EPS Growth (3Y CAGR) | -- | -5.86% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Allstate (ALL) 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: Allstate (ALL) 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 | ALL | MFC |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Manulife Financial (MFC) at 4.25% delivers top-quartile income for its industry, while Allstate (ALL) at 1.61% pays a more typical yield — both are credible income propositions, MFC the richer one.
ALL
Insurance industry group
1.61%
- Max
- 5.19%
- Q3
- 2.46%
- ALL
- 1.61%
- Median
- 1.13%
- Q1
- 0.00%
- Min
- 0.00%
MFC
Insurance industry group
4.25%
- Max
- 5.19%
- MFC
- 4.25%
- Q3
- 2.46%
- Median
- 1.13%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Allstate (ALL) at 9.03% pays out a band-typical share of earnings, while Manulife Financial (MFC) at 52.02% distributes more than its industry norm — less retained, thinner cover.
ALL
Insurance industry group
9.03%
- Max
- 86.52%
- Q3
- 35.84%
- Median
- 15.02%
- ALL
- 9.03%
- Q1
- 0.00%
- Min
- 0.00%
MFC
Insurance industry group
52.02%
- Max
- 86.52%
- MFC
- 52.02%
- Q3
- 35.84%
- Median
- 15.02%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | ALL | MFC |
|---|---|---|
| Dividend Yield (TTM) | 1.61% | 4.25% |
| Dividend Payout Ratio (TTM) | 9.03% | 52.02% |
Valuation
P/E Ratio (TTM)
Allstate (ALL) at 5.62 sits in the cheaper P/E ratio quartile, while Manulife Financial (MFC) at 17.41 is closer to its industry’s usual earnings multiple — a discount for ALL, though growth and earnings durability still matter.
ALL
Insurance industry group
5.62
- Max
- 30.58
- Q3
- 17.84
- Median
- 13.24
- Q1
- 9.20
- ALL
- 5.62
- Min
- 3.32
MFC
Insurance industry group
17.41
- Max
- 30.58
- Q3
- 17.84
- MFC
- 17.41
- Median
- 13.24
- Q1
- 9.20
- Min
- 3.32
P/S Ratio (TTM)
On P/S ratio, both Allstate (ALL) at 0.95 and Manulife Financial (MFC) at 2.23 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
ALL
Insurance industry group
0.95
- Max
- 4.61
- Q3
- 2.41
- Median
- 1.30
- ALL
- 0.95
- Q1
- 0.91
- Min
- 0.10
MFC
Insurance industry group
2.23
- Max
- 4.61
- Q3
- 2.41
- MFC
- 2.23
- Median
- 1.30
- Q1
- 0.91
- Min
- 0.10
P/B Ratio (MRQ)
On P/B ratio, both Allstate (ALL) at 2.19 and Manulife Financial (MFC) at 2.05 are valued close to their industries’ norm against book — neither stands out from peers.
ALL
Insurance industry group
2.19
- Max
- 4.80
- Q3
- 2.68
- ALL
- 2.19
- Median
- 1.83
- Q1
- 1.26
- Min
- -0.14
MFC
Insurance industry group
2.05
- Max
- 4.80
- Q3
- 2.68
- MFC
- 2.05
- Median
- 1.83
- Q1
- 1.26
- Min
- -0.14
Valuation Metrics
| Metric | ALL | MFC |
|---|---|---|
| P/E Ratio (TTM) | 5.62 | 17.41 |
| P/S Ratio (TTM) | 0.95 | 2.23 |
| P/B Ratio (MRQ) | 2.19 | 2.05 |
| Free Cash Flow Yield (TTM) | -- | -- |