Pricing Log in Create free account
Saturday 17 October 2026 Export MFG’s income statement to Excel — free account

Mizuho Financial Group, Inc.

MFG Financial Banks Regional

In the quarter to June 2026, revenue grew 12.6%, EPS grew 54.7%, free cash flow grew 15.8% and total debt rose 15.0%, each against the same quarter a year earlier.

10.16 0.06 −0.59%
Market cap
$124.4B
P/E
2.3×
Fwd P/E
13.9×
Dividend yield
0.89%
F-score
5/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 124,350.00
Revenue 35,841.22
Net Income 6,111.27
Free Cash Flow (61,803.40)
Net Debt (617,422.30)
Current Ratio 0.93
Debt/Equity 1.53
P/E ratio 2.31
Fwd P/E 13.90
P/S ratio 0.35
P/B ratio 0.17
Past 5Y EPS Growth 82.29% (at or above 15%: strong)
This Y EPS Growth 22.34% (at or above 15%: strong)
Next Y EPS Growth 16.54% (at or above 15%: strong)
Next Y revenue growth 5,118.56% (at or above 10%: strong)
Next 5Y EPS Growth 16.86% (at or above 15%: strong)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 40.47%
10-year low 10-year high
P/S against its own 10 years 25.03%
10-year low 10-year high
P/B against its own 10 years 23.33%
10-year low 10-year high

Dividends

Payout Ratio 0.02
Annual Dividend Rate 0.09
Annual Dividend Yield 0.89%
total individual payouts
2029 Powerpack
2028 Powerpack
2027 Powerpack
2026 105.72
0.09
2025 84.94
0.10
0.09
2024 0.16
0.07
0.09
2023 0.13
0.06
0.07
2022 0.12
0.06
0.06
2021 0.14
0.07
0.07
2020 0.14
0.07
0.07
2019 0.14
0.07
0.07
2018 0.13
0.07
0.07
2017 0.27
0.07
0.07
0.07
0.07
2016 0.27
0.07
0.07
0.07
0.07
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 916,318 937,182 943,283 729,097
Receivables — — — —
Inventory — — — —
Other — — — —
1,598,202 1,593,142 1,644,126 1,449,772
2024 2025 2026 Q'26
Payables 1,189,296 1,147,019 1,181,654 1,107,185
ST’ Debt — — — —
Other 142,286 139,971 190,094 132,022
1,638,611 1,600,637 1,668,144 1,551,536

Compound Annual Growth %

10y 5y 3y
Sales 8.24% 11.33% 21.13%
Cash Flow 0.00% 0.00% 0.00%
Earnings 3.25% 6.92% 0.00%
Book Value (0.24%) (3.62%) 1.73%

Revenue $m

Jun Sep Dec Mar Year
’26 14,863 — — — —
’26 14,030 — — — 56,242
’25 1,629 — — — 52,244
’24 13,201 5,319 — — 57,073
’23 6,512 4,934 5,202 5,689 31,649
’22 6,347 5,923 5,819 5,836 18,812
’21 7,391 5,954 6,355 6,090 32,880
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — — — (11,757)
’25 — — — — 390
’24 — — — — (23,877)
’23 — — — — 7,451
’22 — — — — 48,933
’21 — — — — 4,406
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 — — — — —
’26 — — (15,413) — (15,022)
’25 — — (7,819) — (2,869)
’24 — — (8,005) — (26,883)
’23 — — (28,178) — 5,275
’22 — — (18,307) — 47,028
’21 — — (34,986) — 2,547
Fiscal quarters ending in the months shown.

EPS $

Jun Sep Dec Mar Year
’26 2.19 — — — —
’26 1.61 — — — 7.04
’25 0.15 — — — 2.92
’24 1.42 0.45 — — 0.30
’23 0.98 0.48 0.63 0.04 0.32
’22 1.82 0.48 0.32 0.17 (0.71)
’21 0.09 0.35 0.53 0.42 0.35
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 2027e 2028e 2029e
Price, $
Price, $ Low 3.37 2.92 2.66 1.96 2.33 2.10 2.70 3.39 4.04 7.35

Analyst estimates 2027–2029

Powerpack
High 3.85 4.00 3.28 3.12 3.21 2.94 3.70 5.31 7.64 11.49
People
People Employees 59,179 60,051 76,839 74,274 69,801 66,439 51,212 52,307 52,554 52,427
Revenue/emp, $m 0.52 0.50 0.40 0.43 0.47 0.28 0.62 1.09 0.99 1.07
Income, $m
Income, $m Revenue 30,616 30,299 30,868 31,822 32,880 18,812 31,649 57,073 52,244 56,242
Gross margin, % 82.45 73.57 61.70 63.24 86.62 82.30 49.03 44.85 38.01 49.66
EBT 7,293 7,554 766 1,412 9,670 (2,158) 512 11,199 5,011 11,125
EBT margin, % 23.82 24.93 2.48 4.44 29.41 (11.47) 1.62 19.62 9.59 19.78
Net income 7,293 5,198 760 1,382 5,469 (932) 252 6,296 3,694 8,752
Depreciation 1,572 1,612 3,196 2,242 2,178 2,033 1,769 1,537 1,575 1,837
Per share, $
Per share, $ Revenue 2.42 2.39 2.43 2.51 25.92 14.83 24.95 45.00 41.30 45.28
Earnings 0.44 0.41 0.07 0.33 0.35 (0.71) 0.32 0.30 2.92 7.05
Cash flow 3.45 (0.11) 0.47 (2.93) 3.47 38.57 5.87 (18.83) 0.31 (9.47)
Capex (0.28) (0.19) (0.11) (0.16) (1.47) (1.50) (1.72) (2.37) (2.58) (2.63)
Free cash flow 3.17 (0.30) 0.36 (3.09) 2.01 37.07 4.16 (21.19) (2.27) (12.09)
Book value 6.82 6.74 6.74 6.65 71.78 66.25 56.74 56.75 55.05 60.99
Shares, m 12,643 12,683 12,681 12,687 1,269 1,269 1,268 1,268 1,265 1,242
Valuation, ×
Valuation, × P/E 9.71 10.59 7.83 2.80 2.10 0.93 1.33 1.52 2.68 2.19
P/S 1.70 1.68 1.40 1.02 1.43 1.36 1.60 1.66 0.27 0.29
P/B 0.56 0.54 0.45 0.37 0.44 0.44 0.52 0.72 0.10 0.14
EV/Sales (21.45) (18.20) (19.80) (19.89) (22.87) (25.35) (24.63) (21.90) (26.18) (19.65)
EV/FCF (5.58) (4.74) (5.37) (10.93) (33.67) (69.79) 7.04 7.20 10.50 10.87
Cash, $m
Cash, $m Operating cash flow 43,618 (1,419) 5,949 (37,178) 4,406 48,933 7,451 (23,877) 390 (11,757)
Capex (3,555) (2,429) (1,349) (2,081) (1,860) (1,905) (2,176) (3,005) (3,259) (3,265)
Free cash flow 40,063 (3,848) 4,600 (39,259) 2,547 47,028 5,275 (26,883) (2,869) (15,022)
Balance, $m
Balance, $m Working capital (82,582) (53,113) (44,065) (52,626) (139,797) (183,989) (79,396) (40,409) (7,495) (24,018)
Total debt 70,350 116,597 103,765 95,185 110,041 111,946 110,208 112,314 98,433 137,534
Net debt (604,406) (614,877) (620,302) (729,429) (716,872) (695,104) (711,013) (804,004) (838,749) (805,749)
Shareholders’ equity 86,242 85,533 85,513 84,416 91,069 84,036 71,966 71,975 69,630 75,755
Returns, %
Returns, % ROA 0.32 0.28 0.04 0.07 0.27 (0.04) (0.01) 0.34 0.21 0.41
ROIC 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
ROE 6.85 6.05 0.89 1.63 6.23 (1.06) (0.13) 8.75 5.53 10.51
Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Mizuho Financial Group, Inc. vs peers in Banks Regional (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
MFG Mizuho Financial Group, Inc. $124.4B 2.3× 13.9× +12.59% (above 0%: growing) +54.65% (above 0%: growing) +15.81% (above 0%: growing) 52.09% 0.00%
HDB HDFC Bank Limited $120.9B 16.0× — −9.36% (below 0%: shrinking) +8.11% (above 0%: growing) −1.95% (below 0%: shrinking) 64.22% 0.00% Compare
IBN ICICI Bank Limited $105.7B 18.5× — −3.19% (below 0%: shrinking) +2.33% (above 0%: growing) −61.24% (below 0%: shrinking) 71.06% 0.00% Compare
USB U.S. Bancorp $89.4B 11.3× 10.9× +2.26% (above 0%: growing) +16.16% (above 0%: growing) +151.96% (above 0%: growing) 70.62% 0.00% Compare
PNC The PNC Financial Services Group, Inc $85.8B 11.4× 12.4× +6.44% (above 0%: growing) +19.94% (above 0%: growing) +45.07% (above 0%: growing) 70.11% 0.00% Compare
LYG Lloyds Banking Group PLC $78.4B 15.5× — −67.58% (below 0%: shrinking) +413.83% (above 0%: growing) +62.30% (above 0%: growing) 100.00% 0.00% Compare
NU Nu Holdings Ltd. $71.2B 19.7× 14.5× +50.29% (above 0%: growing) +69.23% (above 0%: growing) −102.15% (below 0%: shrinking) 71.77% 0.00% Compare
NWG NatWest Group plc $69.2B 9.9× 8.4× +14.08% (above 0%: growing) +77.78% (above 0%: growing) −47.36% (below 0%: shrinking) 59.01% 0.00% Compare
DB Deutsche Bank Aktiengesellschaft $61.8B 7.6× 8.4× +5.77% (above 0%: growing) +160.96% (above 0%: growing) +127.23% (above 0%: growing) 57.34% 0.00% Compare
Median of peers $82.1B 13.4× 10.9× +4.02% +44.59% +21.56% 70.37% 0.00%

All 323 Banks Regional stocks →

Mizuho Financial Group, Inc. (MFG) key facts

  • Mizuho Financial Group, Inc. (MFG) is a Banks Regional company in the Financial sector, traded in the US as an ADR.
  • As of October 16, 2026, MFG traded at $10.16, a market capitalization of $124.4 billion.
  • Mizuho Financial Group, Inc. pays an annual dividend of $0.09 per share, a yield of 0.89%, with a payout ratio of 2.05%.
  • Return on equity was 10.5% and debt-to-equity 1.53.
  • Its Piotroski F-score is 5 out of 9 for fiscal 2026.

Source: company filings (standardised) and stockrow calculations.

Mizuho Financial Group, Inc. (MFG) Latest News

No news at this impact. Lower the threshold for more.
stockrow.com/MFG · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com