Manulife Financial (MFC) vs Reinsurance Group of America (RGA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Manulife Financial (MFC) has outperformed Reinsurance Group of America (RGA) over the past year, gaining 29.6% versus a gain of 27.3%. Over five years, RGA leads with a +108.0% price change compared with +106.5% for MFC. Manulife Financial is the larger company by market cap ($68.93 billion vs $16.43 billion), about 4.2 times the size.
On valuation, Reinsurance Group of America trades at a lower forward P/E (8.4x vs 11.8x for Manulife Financial). Manulife Financial offers the higher dividend yield (4.44% vs 1.48%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | MFC | RGA |
|---|---|---|
| Share price | $41.67 | $251.53 |
| Market cap | $68.93B | $16.43B |
| 1-day change | -2.94% | +0.16% |
| YTD return | +14.86% | +23.63% |
| 1-year return | +29.61% | +27.30% |
| 5-year return | +106.49% | +108.03% |
| P/E ratio (TTM) | 15.61 | 11.08 |
| Forward P/E | 11.84 | 8.42 |
| EPS (TTM) | $2.67 | $22.71 |
| Dividend yield | 4.44% | 1.48% |
| Annual dividend | $1.85 | $3.72 |
| Revenue (latest FY) | — | $23.70B |
| Revenue growth (YoY) | — | +7.20% |
| Net income (latest FY) | — | $1.18B |
| Net margin | — | 4.99% |
| 52-week high | $45.33 | $257.81 |
| 52-week low | $31.41 | $178.21 |
| Distance from 52-week high | -8.07% | -2.44% |
| Analyst consensus | buy | buy |
| Avg. price target upside | -17.93% | +10.08% |
| Average volume | 2.08M | 351.76K |
| Shares outstanding | 1.65B | 65.30M |
| Employees | 37,000 | 4,300 |
| Sector | Finance | Finance |
| Industry | Life Insurance | Life Insurance |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Manulife Financial is about 4.2 times larger than Reinsurance Group of America by market value ($68.93B vs $16.43B).
- Manulife Financial trades at a higher earnings multiple (15.6x vs 11.1x trailing P/E).
- Manulife Financial offers a meaningfully higher dividend yield (4.44% vs 1.48%).
About Manulife Financial
MFC stock →Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments.
Finance · Life Insurance · 37,000 employees
About Reinsurance Group of America
RGA stock →Reinsurance Group of America, Incorporated provides life and health, and asset-intensive reinsurance in the United States, Latin America, Canada, Europe, the Middle East, Africa, Asia, and Australia. It offers individual and group life and health, disability, long-term care, and critical illness reinsurance; and financial solutions, such as asset-intensive reinsurance, longevity reinsurance, stable value products, pension risk transfer transactions, and capital solutions.
Finance · Life Insurance · 4,300 employees
MFC vs RGA FAQ
Which is bigger, Manulife Financial or Reinsurance Group of America?
Manulife Financial (MFC) is larger, with a market capitalization of $68.93B compared with $16.43B for Reinsurance Group of America (RGA).
Which stock has performed better over the past year, MFC or RGA?
MFC returned +29.61% over the past 12 months, compared with +27.30% for RGA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MFC or RGA?
RGA has the lower trailing P/E at 11.1, versus 15.6 for MFC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Manulife Financial or Reinsurance Group of America?
Manulife Financial has the higher yield at 4.44%, compared with 1.48% for Reinsurance Group of America.
Are Manulife Financial and Reinsurance Group of America in the same industry?
Yes. Both are classified in the Life Insurance industry within the Finance sector.