Stocks · Financials · National Commercial Banks

MIZUHO FINANCIAL GROUP INC

MFG Clue Score64
$10.67 -0.93% Close, 8 Oct 2026
Price $10.67 +279.72% Close, 8 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2017Revenue2,877.10Net income362.44EPS, diluted14.28Fiscal year 2018Revenue3,366.50 +17.0%Net income577.61 +59.4%EPS, diluted22.76Fiscal year 2019Revenue3,429.80 +1.9%Net income84.47 −85.4%EPS, diluted33.30Fiscal year 2020Revenue3,458.90 +0.8%Net income150.20 +77.8%EPS, diluted59.19Fiscal year 2021Revenue3,497.90 +1.1%Net income581.77 +287.3%EPS, diluted229.26Fiscal year 2022Revenue2,113.70 −39.6%Net income−104.72 −118.0%EPS, diluted−41.28Fiscal year 2023Revenue4,276.90 +102.3%Net income−14.01EPS, diluted−5.52Fiscal year 2024Revenue8,510.70 +99.0%Net income912.47EPS, diluted359.65Fiscal year 2025Revenue8,169.90 −4.0%Net income593.39 −35.0%EPS, diluted234.52Fiscal year 2026Revenue8,794.50 +7.6%Net income1,158.03 +95.2%EPS, diluted466.09
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Revenue 2,877.10 3,366.50 3,429.80 3,458.90 3,497.90 2,113.70 4,276.90 8,510.70 8,169.90 8,794.50
Growth +17.0% +1.9% +0.8% +1.1% −39.6% +102.3% +99.0% −4.0% +7.6%
Net income 362.44 577.61 84.47 150.20 581.77 −104.72 −14.01 912.47 593.39 1,158.03
Growth +59.4% −85.4% +77.8% +287.3% −118.0% −35.0% +95.2%
EPS, diluted 14.28 22.76 33.30 59.19 229.26 −41.28 −5.52 359.65 234.52 466.09

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2017Net margin12.6%Free cash flow margin27.0%Fiscal year 2018Net margin17.2%Free cash flow margin−13.5%Fiscal year 2019Net margin2.5%Free cash flow margin14.7%Fiscal year 2020Net margin4.3%Free cash flow margin−123.9%Fiscal year 2021Net margin16.6%Free cash flow margin7.4%Fiscal year 2022Net margin−5.0%Free cash flow margin253.7%Fiscal year 2023Net margin−0.3%Free cash flow margin19.2%Fiscal year 2024Net margin10.7%Free cash flow margin−43.7%Fiscal year 2025Net margin7.3%Free cash flow margin−3.4%Fiscal year 2026Net margin13.2%Free cash flow margin−23.7%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Net margin 12.6% 17.2% 2.5% 4.3% 16.6% −5.0% −0.3% 10.7% 7.3% 13.2%
Free cash flow margin 27.0% −13.5% 14.7% −123.9% 7.4% 253.7% 19.2% −43.7% −3.4% −23.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow1,209.13Capital expenditure−430.91Free cash flow778.21Buybacks−1.44Dividends paid−190.03Fiscal year 2018Operating cash flow−161.08Capital expenditure−292.20Free cash flow−453.28 −158.2%Buybacks−1.61Dividends paid−190.38Fiscal year 2019Operating cash flow661.02Capital expenditure−157.71Free cash flow503.31Buybacks−2.12Dividends paid−190.41Fiscal year 2020Operating cash flow−4,041.07Capital expenditure−243.02Free cash flow−4,284.09 −951.2%Buybacks−1.44Dividends paid−190.39Fiscal year 2021Operating cash flow468.76Capital expenditure−211.50Free cash flow257.26Buybacks−1.85Dividends paid−190.50Fiscal year 2022Operating cash flow5,498.09Capital expenditure−136.24Free cash flow5,361.85 +1,984.2%Buybacks−1.93Dividends paid−196.78Fiscal year 2023Operating cash flow1,006.91Capital expenditure−185.58Free cash flow821.33 −84.7%Buybacks−2.31Dividends paid−209.46Fiscal year 2024Operating cash flow−3,460.50Capital expenditure−256.48Free cash flow−3,716.98 −552.6%Buybacks−3.38Dividends paid−234.79Fiscal year 2025Operating cash flow59.04Capital expenditure−338.01Free cash flow−278.97Buybacks−102.92Dividends paid−304.43Fiscal year 2026Operating cash flow−1,781.37Capital expenditure−307.00Free cash flow−2,088.37Buybacks−404.33Dividends paid−368.70
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Operating cash flow 1,209.13 −161.08 661.02 −4,041.07 468.76 5,498.09 1,006.91 −3,460.50 59.04 −1,781.37
Capital expenditure −430.91 −292.20 −157.71 −243.02 −211.50 −136.24 −185.58 −256.48 −338.01 −307.00
Free cash flow 778.21 −453.28 503.31 −4,284.09 257.26 5,361.85 821.33 −3,716.98 −278.97 −2,088.37
Growth −158.2% −951.2% +1,984.2% −84.7% −552.6%
Buybacks −1.44 −1.61 −2.12 −1.44 −1.85 −1.93 −2.31 −3.38 −102.92 −404.33
Dividends paid −190.03 −190.38 −190.41 −190.39 −190.50 −196.78 −209.46 −234.79 −304.43 −368.70

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash47,586.97Total debt14,529.41Net cash (debt)33,057.56Shareholders’ equity8,261.36Debt to equity1.76Fiscal year 2018Cash48,170.92Total debt12,955.23Net cash (debt)35,215.69Shareholders’ equity8,868.42Debt to equity1.46Fiscal year 2019Cash45,672.74Total debt11,529.40Net cash (debt)34,143.34Shareholders’ equity8,726.52Debt to equity1.32Fiscal year 2020Cash41,951.11Total debt10,346.15Net cash (debt)31,604.96Shareholders’ equity8,512.37Debt to equity1.22Fiscal year 2021Cash48,734.10Total debt11,706.47Net cash (debt)37,027.63Shareholders’ equity9,105.24Debt to equity1.29Fiscal year 2022Cash52,174.29Total debt12,578.22Net cash (debt)39,596.07Shareholders’ equity8,914.21Debt to equity1.41Fiscal year 2023Cash67,992.30Total debt14,893.02Net cash (debt)53,099.27Shareholders’ equity8,915.49Debt to equity1.67Fiscal year 2024Cash74,113.04Total debt16,277.33Net cash (debt)57,835.71Shareholders’ equity9,929.07Debt to equity1.64Fiscal year 2025Cash73,435.98Total debt14,914.12Net cash (debt)58,521.86Shareholders’ equity10,065.02Debt to equity1.48Fiscal year 2026Cash62,606.40Total debt20,838.50Net cash (debt)41,767.90Shareholders’ equity10,859.63Debt to equity1.92
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025FY2026
Cash 47,586.97 48,170.92 45,672.74 41,951.11 48,734.10 52,174.29 67,992.30 74,113.04 73,435.98 62,606.40
Total debt 14,529.41 12,955.23 11,529.40 10,346.15 11,706.47 12,578.22 14,893.02 16,277.33 14,914.12 20,838.50
Net cash (debt) 33,057.56 35,215.69 34,143.34 31,604.96 37,027.63 39,596.07 53,099.27 57,835.71 58,521.86 41,767.90
Shareholders’ equity 8,261.36 8,868.42 8,726.52 8,512.37 9,105.24 8,914.21 8,915.49 9,929.07 10,065.02 10,859.63
Debt to equity 1.76 1.46 1.32 1.22 1.29 1.41 1.67 1.64 1.48 1.92

In billions of JPY, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2026 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending March, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Mar 2017 FY2018 31 Mar 2018 FY2019 31 Mar 2019 FY2020 31 Mar 2020 FY2021 31 Mar 2021 FY2022 31 Mar 2022 FY2023 31 Mar 2023 FY2024 31 Mar 2024 FY2025 31 Mar 2025 FY2026 31 Mar 2026
Margins
16.7% 24.9% 2.5% 4.4% 29.4% −11.5% 1.6% 19.1% 9.3% 19.2%
12.6% 17.2% 2.5% 4.3% 16.6% −5.0% −0.3% 10.7% 7.3% 13.2%
27.0% −13.5% 14.7% −123.9% 7.4% 253.7% 19.2% −43.7% −3.4% −23.7%
Spending
19.8% 17.4% 22.2% 18.8% 17.8% 28.9% 16.2% 8.8% 10.1% 10.9%
15.0% 8.7% 4.6% 7.0% 6.0% 6.4% 4.3% 3.0% 4.1% 3.5%
19.0% 28.3% 11.0% 30.7% 20.5% n/a 50.8% 26.2% 26.3% 21.3%
Returns
4.4% 6.5% 1.0% 1.8% 6.4% −1.2% −0.2% 9.2% 5.9% 10.7%
0.2% 0.3% 0.0% 0.1% 0.3% −0.0% −0.0% 0.3% 0.2% 0.4%
Balance and payout
1.76 1.46 1.32 1.22 1.29 1.41 1.67 1.64 1.48 1.92
95.6% 95.3% 95.2% 95.7% 95.6% 95.9% 96.1% 96.2% 96.2% 96.1%
52.4% 33.0% 225.4% 126.8% 32.7% n/a n/a 25.7% 51.3% 31.8%
24.6% n/a 38.3% n/a 74.8% 3.7% 25.8% n/a n/a n/a

Shown in JPY as filed; the screener converts to dollars.