MFC vs. TRV: Manulife Financial vs. Travelers Stock Comparison
How do Manulife Financial (MFC) and Travelers (TRV) 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
Manulife Financial (MFC) and Travelers (TRV) both belong to the Insurance industry, though MFC is classified under Life & Health Insurance while TRV falls under Property & Casualty Insurance.
| Profile Item | MFC | TRV |
|---|---|---|
| Name | Manulife Financial Corporation | The Travelers Companies, Inc. |
| Country/Region | Canada | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Life & Health Insurance | Property & Casualty Insurance |
| Market Capitalization | 73.66 billion USD | 80.16 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | September 24, 1999 | November 17, 1975 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | MFC | TRV |
|---|---|---|
| Total Return (1Y) | 50.24% | 47.13% |
| Total Return (3Y, Annualized) | 36.27% | 33.58% |
| Total Return (5Y, Annualized) | 22.44% | 22.61% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | MFC | TRV |
|---|---|---|
| Volatility (1Y, Annualized) | 19.77% | 20.69% |
| Beta (5Y) | 0.83 | 0.45 |
| Max Drawdown (5Y) | -26.99% | -18.90% |
| Avg. Volume (3M) | 2.14M | 1.90M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | MFC | TRV |
|---|---|---|
| Sharpe Ratio (1Y) | 2.34 | 2.08 |
| Sortino Ratio (1Y) | 3.43 | 3.55 |
Profitability
ROE (TTM)
Travelers (TRV) at 26.51% sits in the top ROE quartile, while Manulife Financial (MFC) at 13.31% is closer to the peer norm — stronger capital efficiency for TRV.
MFC
Insurance industry group
13.31%
- Max
- 40.17%
- Q3
- 22.16%
- Median
- 14.82%
- MFC
- 13.31%
- Q1
- 9.76%
- Min
- -3.97%
TRV
Insurance industry group
26.51%
- Max
- 40.17%
- TRV
- 26.51%
- Q3
- 22.16%
- Median
- 14.82%
- Q1
- 9.76%
- Min
- -3.97%
Net Margin (TTM)
Manulife Financial (MFC) at 20.31% retains a top-quartile share of revenue as profit, ahead of Travelers (TRV) at 16.95%, which keeps about the industry-typical share.
MFC
Insurance industry group
20.31%
- Max
- 37.63%
- MFC
- 20.31%
- Q3
- 19.27%
- Median
- 11.83%
- Q1
- 5.68%
- Min
- -14.20%
TRV
Insurance industry group
16.95%
- Max
- 37.63%
- Q3
- 19.27%
- TRV
- 16.95%
- Median
- 11.83%
- Q1
- 5.68%
- Min
- -14.20%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Manulife Financial (MFC) in Insurance and Travelers (TRV) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | MFC | TRV |
|---|---|---|
| ROE (TTM) | 13.31% | 26.51% |
| ROA (TTM) | 0.60% | 4.78% |
| Net Margin (TTM) | 20.31% | 16.95% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Only one side can be read here: Travelers (TRV) reports revenue growth of 5.17%, ranked against its industry; Manulife Financial (MFC) has no revenue growth figure this period.
EPS Growth
Both Manulife Financial (MFC) at 8.10% and Travelers (TRV) at 27.76% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | MFC | TRV |
|---|---|---|
| Revenue Growth (YoY) | -- | 5.17% |
| Revenue Growth (3Y CAGR) | 29.95% | 9.79% |
| EPS Growth (YoY) | 8.10% | 27.76% |
| EPS Growth (3Y CAGR) | -5.86% | 32.58% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Manulife Financial (MFC) in Insurance and Travelers (TRV) 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: Manulife Financial (MFC) in Insurance and Travelers (TRV) 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 | MFC | TRV |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Manulife Financial (MFC) at 4.15% delivers top-quartile income for its industry, while Travelers (TRV) at 1.18% pays a more typical yield — both are credible income propositions, MFC the richer one.
MFC
Insurance industry group
4.15%
- Max
- 4.53%
- MFC
- 4.15%
- Q3
- 2.06%
- Median
- 0.91%
- Q1
- 0.00%
- Min
- 0.00%
TRV
Insurance industry group
1.18%
- Max
- 4.53%
- Q3
- 2.06%
- TRV
- 1.18%
- Median
- 0.91%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Travelers (TRV) at 12.23% pays out a band-typical share of earnings, while Manulife Financial (MFC) at 50.14% distributes more than its industry norm — less retained, thinner cover.
MFC
Insurance industry group
50.14%
- Max
- 79.14%
- MFC
- 50.14%
- Q3
- 35.17%
- Median
- 15.11%
- Q1
- 0.00%
- Min
- 0.00%
TRV
Insurance industry group
12.23%
- Max
- 79.14%
- Q3
- 35.17%
- Median
- 15.11%
- TRV
- 12.23%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | MFC | TRV |
|---|---|---|
| Dividend Yield (TTM) | 4.15% | 1.18% |
| Dividend Payout Ratio (TTM) | 50.14% | 12.23% |
Valuation
P/E Ratio (TTM)
Both Manulife Financial (MFC) at 16.98 and Travelers (TRV) at 10.37 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
MFC
Insurance industry group
16.98
- Max
- 27.54
- Q3
- 18.52
- MFC
- 16.98
- Median
- 12.82
- Q1
- 8.83
- Min
- 3.31
TRV
Insurance industry group
10.37
- Max
- 27.54
- Q3
- 18.52
- Median
- 12.82
- TRV
- 10.37
- Q1
- 8.83
- Min
- 3.31
P/S Ratio (TTM)
On P/S ratio, both Manulife Financial (MFC) at 2.22 and Travelers (TRV) at 1.64 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
MFC
Insurance industry group
2.22
- Max
- 4.32
- Q3
- 2.30
- MFC
- 2.22
- Median
- 1.30
- Q1
- 0.91
- Min
- 0.08
TRV
Insurance industry group
1.64
- Max
- 4.32
- Q3
- 2.30
- TRV
- 1.64
- Median
- 1.30
- Q1
- 0.91
- Min
- 0.08
P/B Ratio (MRQ)
On P/B ratio, both Manulife Financial (MFC) at 2.03 and Travelers (TRV) at 2.42 are valued close to their industries’ norm against book — neither stands out from peers.
MFC
Insurance industry group
2.03
- Max
- 4.21
- Q3
- 2.70
- MFC
- 2.03
- Median
- 1.86
- Q1
- 1.24
- Min
- 0.43
TRV
Insurance industry group
2.42
- Max
- 4.21
- Q3
- 2.70
- TRV
- 2.42
- Median
- 1.86
- Q1
- 1.24
- Min
- 0.43
Valuation Metrics
| Metric | MFC | TRV |
|---|---|---|
| P/E Ratio (TTM) | 16.98 | 10.37 |
| P/S Ratio (TTM) | 2.22 | 1.64 |
| P/B Ratio (MRQ) | 2.03 | 2.42 |
| Free Cash Flow Yield (TTM) | -- | -- |