Last 46 quarters of trend data · Financial Services · Banks - Regional
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Mizuho Financial Group, Inc.'s quarterly P/E stands at 0.1x, up 9.1% year-over-year.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 19.46 | 0.05 | 0.06 | 0.58 | 0.05 | 0.05 | 0.05 | 0.34 | 0.05 | 0.06 | 0.04 | 0.73 | 0.04 |
| — | +9.1% | +29.8% | +67.4% | +11.4% | -24.9% | +16.8% | -52.6% | +11.9% | +59.0% | -11.0% | +362.7% | -50.5% | |
| P/S Ratio | 1.95 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| — | +55.2% | +50.0% | +59.4% | +13.8% | +10.3% | +5.4% | -1.5% | -15.5% | -7.6% | -35.0% | -55.2% | -37.3% | |
| P/B Ratio | 1.64 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| — | +53.0% | +27.7% | +34.5% | +33.5% | +9.3% | +26.7% | +26.1% | +10.1% | +44.7% | +28.7% | +9.6% | +16.0% | |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — | — | — |
| — | — | — | — | — | — | — | — | — | — | — | — | — | |
| EV / EBITDA | 3.71 | -3.08 | -4.78 | -126.13 | -3.62 | -6.48 | -3.55 | -104.02 | -8.32 | -7.05 | -10.69 | -61.18 | -17.39 |
| — | +52.5% | -34.9% | -21.3% | +56.5% | +8.0% | +66.8% | -70.0% | +52.1% | +46.0% | -5.7% | -15.2% | -340.7% | |
| EV / EBIT | 4.35 | -3.08 | -4.78 | -126.13 | -3.62 | -6.48 | -3.55 | -104.02 | -8.32 | -7.05 | -10.69 | -61.18 | -17.39 |
| — | +52.5% | -34.9% | -21.3% | +56.5% | +8.0% | +66.8% | -70.0% | +52.1% | +46.0% | -5.7% | -15.2% | -340.7% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Mizuho Financial Group, Inc.'s operating margin was 24.2% in Q2 2026, up 5.4 pp QoQ and up 5.6 pp YoY. This marks the 3rd consecutive quarter of margin expansion, signaling a sustained improvement in operating efficiency. The trailing four-quarter average of 15.0% lags the current quarter, suggesting the recent improvement is above-trend. Gross margin expanded 7.9% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.8% | 49.0% | 44.8% | 47.0% | 41.3% | 45.4% | 39.9% | 30.1% | 39.8% | 36.7% | 40.8% | 41.7% | 48.8% |
| — | +7.9% | +12.4% | +56.3% | +3.8% | +23.7% | -2.2% | -27.9% | -18.5% | -39.4% | -41.3% | -41.5% | -36.4% | |
| Operating Margin | 13.8% | 24.2% | 18.8% | 1.2% | 15.7% | 18.6% | 17.2% | 1.5% | 16.9% | 14.7% | 17.7% | 5.7% | 18.3% |
| — | +30.2% | +9.7% | -21.0% | -7.3% | +26.1% | -3.1% | -73.7% | -7.5% | -29.2% | -28.2% | -25.5% | +27.2% | |
| Net Margin | 10.3% | 18.6% | 14.4% | 1.6% | 12.1% | 13.1% | 12.5% | 1.6% | 11.8% | 8.9% | 13.8% | 0.8% | 15.7% |
| — | +42.2% | +15.6% | -4.8% | +2.3% | +46.9% | -9.8% | +108.9% | -24.6% | -41.9% | -27.0% | -90.4% | +26.8% |
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.5% | 3.7% | 2.7% | 0.3% | 2.7% | 2.6% | 2.8% | 0.4% | 2.3% | 1.8% | 2.6% | 0.1% | 2.3% |
| — | +40.7% | -1.6% | -21.3% | +17.2% | +47.4% | +6.9% | +169.6% | -0.4% | -8.7% | +49.1% | -75.9% | +137.8% | |
| ROA | 0.3% | 0.1% | 0.1% | 0.0% | 0.1% | 0.1% | 0.1% | 0.0% | 0.1% | 0.1% | 0.1% | 0.0% | 0.1% |
| — | +44.9% | +2.1% | -20.3% | +23.3% | +53.3% | +7.5% | +177.1% | +1.2% | -8.0% | +44.3% | -78.6% | +100.5% | |
| ROIC | 1.3% | 0.6% | 0.4% | 0.0% | 0.4% | 0.4% | 0.4% | 0.0% | 0.4% | 0.4% | 0.4% | 0.1% | 0.4% |
| — | +40.6% | -0.2% | -34.9% | +5.2% | +12.9% | -2.9% | -71.1% | +2.7% | +3.9% | +41.4% | +82.7% | +142.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Mizuho Financial Group, Inc.'s Debt/EBITDA ratio is 116.9x, down from 151.8x last quarter — elevated, raising questions about debt serviceability. The current ratio has weakened 8.9% YoY to 0.29x, tightening the short-term liquidity position.
| Metric | TTM | Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 5.79 | 5.49 | 5.41 | 5.79 | 5.60 | 5.70 | 6.39 | 5.72 | 5.61 | 5.56 | 5.01 | 4.92 | 4.40 |
| — | -3.7% | -15.3% | +1.2% | -0.2% | +2.6% | +27.6% | +16.1% | +27.4% | +18.9% | -1.2% | +10.6% | -5.7% | |
| Debt / EBITDA | 43.62 | 116.88 | 151.76 | 2665.01 | 157.58 | 155.81 | 167.28 | 1755.21 | 171.64 | 189.74 | 152.71 | 509.38 | 162.39 |
| — | -25.0% | -9.3% | +51.8% | -8.2% | -17.9% | +9.5% | +244.6% | +5.7% | +7.3% | -30.4% | -39.4% | -59.9% | |
| Current Ratio | 0.53 | 0.29 | 0.29 | 0.53 | 0.29 | 0.32 | 0.31 | 0.34 | 0.30 | 0.28 | 0.29 | 0.34 | 0.28 |
| — | -8.9% | -6.4% | +57.9% | -6.0% | +13.2% | +6.3% | -1.0% | +9.3% | +6.8% | +6.5% | +20.9% | +9.7% | |
| Quick Ratio | 0.53 | 0.29 | 0.29 | 0.53 | 0.29 | 0.32 | 0.31 | 0.34 | 0.30 | 0.28 | 0.29 | 0.34 | 0.28 |
| — | -8.9% | -6.4% | +57.9% | -6.0% | +13.2% | +6.3% | -1.0% | +9.3% | +6.8% | +6.5% | +20.9% | +9.7% | |
| Interest Coverage | 0.24 | 0.47 | 0.34 | 0.02 | 0.26 | 0.34 | 0.29 | 0.02 | 0.28 | 0.24 | 0.29 | 0.10 | 0.37 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 46 years · Updated daily
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Mizuho Financial Group, Inc.'s current P/E is 19.5x. The average P/E over the last 4 quarters is 0.2x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Mizuho Financial Group, Inc.'s current operating margin is 13.8%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Mizuho Financial Group, Inc.'s business trajectory between earnings reports.