MFG

Mizuho Financial Group
D

MFG

Arincen63/100B
9.89000
USD
0.07
(0.71%)
Market Open
Last updated: · Delayed 15 min

Mizuho Financial Group financials

Yes. Mizuho Financial Group earned 1.39T JPY of net income over the last twelve months, 15.4% of its revenue. It made a profit in 22 of its 24 fiscal years since 2003. Its last loss was in fiscal year 2009.

Revenue (TTM)
9.01T JPY
Net income (TTM)
1.39T JPY
Cash and short-term investments
52.55T JPY
Total debt
67.58T JPY
Shareholders' equity
11.44T JPY

Cash, debt and equity as of 30 Jun 2026.

Mizuho Financial Group earnings

Next earnings · Q2 FY2027
EPS estimate
0.21 USD
Revenue estimate
6.78B USD
Last quarter · Q1 FY2027
EPS0.22Beat +29.4%Revenue15.83BBeat +187.4%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q2 FY20270.21——+5.00%6.78B——+21.70%
Q1 FY20270.170.22+29.41%+46.67%5.51B15.83B+187.42%+13.99%
Q4 FY20260.070.12+71.43%+300.00%5.29B5.66B+7.02%+26.06%
Q3 FY20260.140.16+14.29%+6.67%5.22B6.10B+16.82%-59.95%
Q2 FY20260.170.20+17.65%+33.33%5.13B5.57B+8.58%-60.89%
Q1 FY20260.150.150.00%0.00%5.49B13.89B+153.12%-3.64%
Q4 FY20250.030.03+9.37%—4.34B4.49B+3.31%+1.35%

Mizuho Financial Group growth and profitability

Full income statement
Revenue (TTM)
9.01T JPY
Net income (TTM)
1.39T JPY
Gross margin
49.14%
Operating margin
20.53%
Net margin
15.44%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY20269.49T+10.35%1.32T+49.52%48.90%18.12%13.95%1.96T+40.50%
FY20258.60T+9.47%885.43B+30.40%41.79%13.84%10.30%1.40T+23.19%
FY20247.86T+60.73%678.99B+22.23%36.47%12.16%8.64%1.13T+19.80%
FY20234.89T+72.40%555.53B+4.72%52.80%15.94%11.37%945.90B+22.92%
FY20222.84T-1.85%530.48B+12.62%80.58%21.30%18.71%769.51B-6.06%

How Mizuho Financial Group makes its money

Revenue9.49T 100.0%
Cost of revenue4.85T 51.1%
Gross profit4.64T 48.9%
Other operating expenses2.92T 30.8%
Operating income1.72T 18.1%
Tax390.33B 4.1%
Other expense5.86B 0.1%
Net income1.32T 14.0%

FY2026, in JPY. Each band is as wide as its money; the percentage is its share of revenue.

Mizuho Financial Group revenue breakdown

By product

FY2026
Securities related business: 22.3%Lending related business: 21.8%Financial Service, Other: 18.3%Fiduciary and Trust: 12.3%Investment Advisory, Management and Administrative Service: 9.9%Remittance Business: 7.6%Guarantee related business: 3.7%Agency business: 3.0%Deposits related business: 1.1%22.3%Securities related business21.8%Lending related business18.3%Financial Service, Other12.3%Fiduciary and Trust9.9%Investment Advisory, Management and Administrative Service7.6%Remittance Business3.7%Guarantee related business3.0%Agency business1.1%Deposits related business
SegmentRevenueShare of revenueChange on the year
Securities related business306.81B22.3%+16.7%
Lending related business299.35B21.8%+18.7%
Financial Service, Other252.05B18.3%+17.8%
Fiduciary and Trust169.24B12.3%+16.5%
Investment Advisory, Management and Administrative Service136.48B9.9%+7.7%
Remittance Business105.12B7.6%+2.7%
Guarantee related business50.74B3.7%+8.8%
Agency business40.73B3.0%+0.2%
Deposits related business15.45B1.1%-3.6%

By region

FY2026
Japan: 39.4%United States: 37.5%Asia: 11.4%Europe: 9.0%Others Countries: 2.6%39.4%Japan37.5%United States11.4%Asia9.0%Europe2.6%Others Countries
RegionRevenueShare of revenueChange on the year
Japan3.47T39.4%+61.2%
United States3.30T37.5%-11.4%
Asia1.01T11.4%-16.7%
Europe795.60B9.0%-5.4%
Others Countries226.20B2.6%-8.4%

Operating and free cash flow

Full cash flow statement
Operating cash flow Free cash flow
Fiscal yearOperating cash flowFree cash flow
FY2026590.24B487.72B
FY2025-3.82T-4.17T
FY20241.88T1.63T
FY20238.87T8.68T
FY20224.92T4.78T
FY202116.61T16.40T
FY20201.90T1.67T
FY2019-2.64T-2.79T
FY20182.97T2.73T
FY20174.69T4.30T

Mizuho Financial Group financial health

Full balance sheet
Cash and short-term investments
52.55T JPY
Total debt
67.58T JPY
Net cash
-15.03T JPY
Free cash flow (TTM)
487.72B JPY
Current ratio
1.15
Debt to equity
5.91
Piotroski score
7 / 9
Altman Z-score
0.15

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY202693.07T66.86T487.72B
FY202583.48T60.89T-4.17T
FY202472.97T58.95T1.63T
FY202367.15T45.34T8.68T
FY202251.36T40.96T4.78T

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity
Fiscal yearTotal assetsTotal liabilitiesShareholders' equity
FY2026303.55T292.10T11.37T
FY2025283.32T272.80T10.44T
FY2024278.67T268.36T10.23T
FY2023254.26T245.05T9.13T
FY2022237.07T227.87T9.08T
FY2021225.59T216.22T9.26T
FY2020214.66T206.00T8.55T
FY2019200.79T191.60T8.75T
FY2018205.03T195.21T9.07T
FY2017200.51T191.24T8.52T

Mizuho Financial Group valuation

Price to earnings ratio (TTM)
13.72
Forward P/E (FY2027)
12.77
Price to sales (TTM)
2.12
Price to book
1.67
EV / EBITDA (TTM)
18.46

Capital structure

Market capitalization
120.96B USD
+
Total debt
427.79B USD
−
Cash and short-term investments
332.64B USD
=
Enterprise value
216.10B USD

Valuation over time

Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
Now (TTM)13.72—2.121.6718.46
FY202611.77—1.651.3810.22
FY202511.80—1.211.00-0.82
FY202410.93—0.940.72-5.83
FY20238.54—0.970.52-18.05
FY20227.47—1.400.44-8.36

Mizuho Financial Group against its own history

Each figure in the latest fiscal year against the same figure from FY2022 to FY2026: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: U.S. Bancorp, The PNC Financial Services Group, Truist Financial, Fifth Third Bancorp, M&T Bank, and Huntington Bancshares, the US Banks - Regional companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)Above its median13.7
    5.518.5
  • Gross marginAt its median48.9%
    36.5%80.6%
    Against its peers: 7 of 7Peers' median 64.1%
  • Operating marginAbove its median18.1%
    12.2%21.3%
    Against its peers: 7 of 7Peers' median 23.6%
  • Net marginAbove its median14.0%
    8.6%18.7%
    Against its peers: 7 of 7Peers' median 18.7%
  • Return on equityHighest in 5 years11.6%
    5.8%11.6%
    Against its peers: 1 of 7Peers' median 10.6%
  • Free cash flow marginBelow its median5.1%
    -48.4%177.7%
    Against its peers: 7 of 7Peers' median 18.7%
  • Revenue growthAt its median10.4%
    -1.9%72.4%
    Against its peers: 2 of 7Peers' median 0.6%
  • EPS growthHighest in 5 years52.8%
    4.8%52.8%
    Against its peers: 1 of 7Peers' median 15.0%
  • Debt to EBITDALowest in 5 years34.09×
    34.09×53.23×
    Against its peers: 7 of 7Peers' median 5.90×
  • Current ratioHighest in 5 years2.04
    0.282.04
    Against its peers: 1 of 7Peers' median 0.29

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

Mizuho Financial Group dividends

Annual dividend
0.17 USD
Dividend yield (indicated)
1.71%
Payout ratio
24.24%
Frequency
Semi-annual
Last payment
0.08 USD
Last ex-dividend date
30 Sept 2026

Dividends per share

Year2025202420232022202120202019201820172016
Dividends per share0.200.160.130.120.140.140.140.130.130.14

Mizuho Financial Group ownership

Institutions
2.25%
Institutional holders
471 (+40)
Free float
20.00%

Who owns the shares

Institutions 2.3% Others 97.7%
As of 30 Jun 2026

Shares free to trade

Free float 2.45B shares ·20.0% Closely held 9.78B shares ·80.0%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q2 2026004.91K6.87K
Q1 2026000.000.00

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY202612.41B12.41B-1.80%
FY202512.64B12.64B-0.25%
FY202412.67B12.67B+0.01%
FY202312.67B12.67B-0.02%
FY202212.67B12.67B-0.03%

Common questions about Mizuho Financial Group's financials

Source: Financial Modeling Prep

Risk Disclosure: Trading in financial instruments involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks. Never invest money you cannot afford to lose, and carefully assess the suitability of complex products such as CFDs and derivatives in light of your financial situation. Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed. Arincen would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes.

Arincen and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website. It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Arincen and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website. Arincen may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.

© 2026 - Arincen L.L.C-FZ - License No. 2420098.01. All Rights Reserved.