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Friday 6 November 2026 Export MFG’s income statement to Excel — free account

Mizuho Financial Group, Inc.

MFG Financial Banks Regional

Mizuho Financial Group, Inc.’s revenue for fiscal 2026 (year ended March 2026) was $56.2 billion, up 7.65% from fiscal 2025.

Revenue
+12.6%
EPS
+54.7%
Free cash flow
+15.8%
Total debt
+15.0%

Quarter to June 2026, against a year earlier

9.42 0.38 −3.88%
Market cap
$113.1B
P/E
2.1×
Fwd P/E
12.7×
Dividend yield
0.96%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Mizuho Financial Group, Inc. (MFG) Debt to equity

Alert me on Debt to equity

Mizuho Financial Group, Inc.'s debt to equity at the end of the quarter to 30 June 2026 was 1.5×, down 0.3× from fiscal 2026 (1.8×). Over the past ten years it has ranged from 0.7× (fiscal 2016) to 1.8× (fiscal 2026) — the current reading is the highest in ten years. That is above the Banks Regional industry median of 0.2× and above the Financial sector median of 0.2×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2026 1.8× 28.42%
FY2025 1.4× (9.40%)
FY2024 1.6× 1.89%
FY2023 1.5× 14.96%
FY2022 1.3× 10.25%
FY2021 1.2× 7.16%
FY2020 1.1× (7.07%)
FY2019 1.2× (10.99%)
FY2018 1.4× 67.12%
FY2017 0.8× 24.65%

Quarterly newest first

Period Debt to equity Change
Jun 2026 1.5× (11.04%)
Dec 2025 1.7× 35.18%
Sep 2025 1.3× 5.43%
Jun 2025 1.2× (13.24%)
27 more quarters

Against its own ten years

Low 0.7× High 1.8×
Ten-year median 1.3×
Current reading's percentile 100

Debt to equity against peers

Company Debt to equity
HDB HDFC Bank Limited compare 0.0×
NWG NatWest Group plc compare 0.1×
IBN ICICI Bank Limited compare 0.7×
USB U.S. Bancorp compare 0.8×
TFC Truist Financial Corporation compare 0.9×
PNC The PNC Financial Services Group, Inc compare 1.3×
DB Deutsche Bank Aktiengesellschaft compare 1.4×
MFG Mizuho Financial Group, Inc. 1.5×
LYG Lloyds Banking Group PLC compare 2.2×
Banks Regional industry median 0.2×
Financial sector median 0.2×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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