Mitsubishi UFJ Financial Group, Inc. (MUFG) Financial Ratios
30 years of historical data (1996–2025) · Financial Services · Banks - Diversified
EV/EBITDA
↑
4.31
—
5yr avg: N/A
30Y Low1.0·High21.6
P/FCF
↑
N/A
—
5yr avg: 0.01
30Y Low0.0·High4.5
P/B Ratio
↑
1.54
↑+29715% vs avg
5yr avg: 0.01
30Y Low0.0·High0.0
ROE
↑
8.8%
↓+31% vs avg
5yr avg: 6.7%
30Y Low-25%·High26%
Debt/EBITDA
↑
30.15
+19% vs avg
5yr avg: 25.29
30Y Low7.5·High41.2
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
MUFG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Mitsubishi UFJ Financial Group, Inc. trades at 18.0x earnings, 22522% above its 5-year average of 0.1x, sitting at the 92nd percentile of its historical range. Compared to the Financial Services sector median P/E of 13.4x, the stock trades at a premium of 35%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $208.0B | $158.7B | $122.4B | $78.6B | $79.1B | $69.1B | $47.2B | $64.9B | $88.5B | $86.0B | $64.1B |
| Enterprise Value | $81.9B | $-19535565509130 | $-48524236412430 | $-51142407487540 | $-63952329739210 | $-84818948625680 | $-33376659212220 | $-40118762718550 | $-39366281128560 | $-31446355307680 | $-35498679514150 |
| P/E Ratio → | 18.01 | 0.09 | 0.08 | 0.07 | 0.07 | 0.09 | 0.09 | 0.07 | 0.07 | 0.09 | 0.07 |
| P/S Ratio | 2.61 | 0.01 | 0.01 | 0.01 | 0.02 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| P/B Ratio | 1.54 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.01 | 0.00 |
| P/FCF | — | — | — | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | — | 0.01 | 0.01 |
| P/OCF | 5064.01 | 24.74 | — | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | — | 0.01 | 0.01 |
P/E links to full P/E history page with 30-year chart
MUFG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Mitsubishi UFJ Financial Group, Inc.'s enterprise value stands at 4.3x EBITDA. The Financial Services sector median is 11.5x, placing the stock at a 62% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | -1.57 | -4.46 | -6.07 | -12.19 | -15.92 | -5.02 | -6.57 | -7.21 | -5.75 | -8.39 |
| EV / EBITDA | 4.31 | -6.59 | -20.11 | -26.85 | -34.51 | -60.69 | -21.78 | -27.01 | -22.52 | -19.22 | -19.57 |
| EV / EBIT | 5.01 | -7.66 | -23.67 | -32.58 | -42.93 | -81.40 | -40.24 | -35.03 | -27.93 | -24.13 | -23.69 |
| EV / FCF | — | — | — | -3.92 | -6.76 | -2.46 | -4.38 | -7.74 | — | -4.73 | -5.54 |
MUFG Profitability
Margins and return-on-capital ratios measuring operating efficiency
Mitsubishi UFJ Financial Group, Inc. earns an operating margin of 20.5%, roughly in line with the Financial Services sector average. Operating margins have expanded from 18.6% to 20.5% over the past 3 years, signaling improving operational efficiency. ROE of 8.8% is modest, trailing the sector median of 9.5%. ROIC of 2.0% represents below-average returns on invested capital versus a sector median of 5.7%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 56.5% | 56.5% | 49.4% | 63.8% | 83.3% | 75.8% | 67.3% | 70.3% | 77.4% | 81.4% | 78.5% |
| Operating Margin | 20.5% | 20.5% | 18.8% | 18.6% | 28.4% | 19.6% | 12.5% | 18.7% | 25.8% | 23.8% | 35.4% |
| Net Profit Margin | 15.0% | 15.0% | 13.7% | 13.2% | 21.6% | 14.6% | 7.9% | 14.3% | 18.1% | 17.0% | 22.5% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.8% | 8.8% | 7.6% | 6.2% | 6.3% | 4.5% | 3.1% | 5.3% | 6.1% | 5.4% | 5.8% |
| ROA | 0.5% | 0.5% | 0.4% | 0.3% | 0.3% | 0.2% | 0.2% | 0.3% | 0.3% | 0.3% | 0.3% |
| ROIC | 2.0% | 2.0% | 1.9% | 1.6% | 2.2% | 2.1% | 1.4% | 1.7% | 2.1% | 2.5% | 3.0% |
| ROCE | 2.4% | 2.4% | 1.8% | 1.4% | 0.6% | 0.3% | 0.3% | 0.4% | 0.5% | 0.4% | 0.5% |
MUFG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Mitsubishi UFJ Financial Group, Inc. carries a Debt/EBITDA ratio of 30.1x, which is highly leveraged (631% above the sector average of 4.1x). The company holds a net cash position — cash of $109.1T exceeds total debt of $89.4T, providing substantial financial flexibility for buybacks, acquisitions, or weathering downturns. Interest coverage of just 0.5x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 4.11 | 4.11 | 2.95 | 3.42 | 2.60 | 1.02 | 1.20 | 1.97 | 2.33 | 1.92 | 0.78 |
| Debt / EBITDA | 30.15 | 30.15 | 25.38 | 32.77 | 25.22 | 12.95 | 13.22 | 22.90 | 20.82 | 19.55 | 7.49 |
| Net Debt / Equity | — | -0.91 | -2.34 | -2.80 | -3.56 | -4.79 | -1.98 | -2.33 | -2.52 | -1.89 | -2.05 |
| Net Debt / EBITDA | -6.64 | -6.64 | -20.16 | -26.89 | -34.55 | -60.74 | -21.81 | -27.05 | -22.57 | -19.27 | -19.60 |
| Debt / FCF | — | — | — | -3.93 | -6.77 | -2.46 | -4.39 | -7.76 | — | -4.75 | -5.55 |
| Interest Coverage | 0.46 | 0.46 | 0.41 | 0.66 | 2.74 | 1.35 | 0.43 | 0.75 | 1.37 | 1.69 | 2.29 |
Net cash position: cash ($109.10T) exceeds total debt ($89.40T)
MUFG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.49x is below 1.0, meaning current liabilities exceed current assets — though the company's $109.1T cash position helps mitigate short-term liquidity concerns. The current ratio has improved from 0.41x to 0.49x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.49 | 0.49 | 0.38 | 0.41 | 0.42 | 22.55 | 12.39 | 30.06 | 31.07 | 33.36 | 32.46 |
| Quick Ratio | 0.49 | 0.49 | 0.38 | 0.41 | 0.42 | 22.55 | 12.39 | 30.06 | 31.07 | 33.36 | 32.46 |
| Cash Ratio | 0.34 | 0.34 | 0.38 | 0.41 | 0.42 | 15.29 | 9.38 | 9.77 | 10.23 | 9.93 | 8.03 |
| Asset Turnover | — | 0.03 | 0.03 | 0.02 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
MUFG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Mitsubishi UFJ Financial Group, Inc. returns 2.9% to shareholders annually — split between a 1.6% dividend yield and 1.3% buyback yield. The payout ratio of 28.6% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 5.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 1.6% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Payout Ratio | 28.6% | 28.6% | 29.5% | 34.1% | 29.6% | 41.3% | 57.5% | 31.6% | 24.3% | 26.6% | 26.4% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.6% | 1170.0% | 1215.2% | 1414.9% | 1422.5% | 1119.9% | 1112.3% | 1345.7% | 1387.0% | 1072.4% | 1492.6% |
| FCF Yield | — | — | — | 16570.7% | 11948.1% | 49940.6% | 16131.4% | 7988.5% | — | 7720.7% | 9999.9% |
| Buyback Yield | 1.3% | 100.0% | 100.0% | 100.0% | 100.0% | 0.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Total Shareholder Yield | 2.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Shares Outstanding | — | $11.6B | $12.0B | $12.3B | $12.8B | $12.8B | $12.9B | $13.1B | $13.3B | $13.6B | $14.0B |
Peer Comparison
Compare MUFG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 MUFGYou | $208B | 18.0 | 4.3 | — | 56.5% | 20.5% | 8.8% | 2.0% | 30.1 |
 SMFG | $139B | 11.4 | 2.3 | 4.7 | 48.9% | 17.6% | 7.9% | 2.1% | 29.4 |
 MFG | $109B | 19.7 | 3.9 | — | 41.8% | 13.8% | 8.5% | 1.3% | 43.6 |
 DB | $61B | 8.8 | 13.9 | — | 49.9% | 16.0% | 8.7% | 2.6% | 26.2 |
 BBVA | $124B | 11.2 | 5.3 | 7.5 | 83.6% | 43.9% | 17.3% | 7.0% | 4.6 |
 ING | $86B | 12.0 | 20.8 | — | 94.3% | 39.7% | 12.4% | 3.1% | 18.5 |
 SAN | $182B | 12.1 | 21.6 | — | 40.0% | 15.6% | 12.8% | 2.3% | 22.7 |
 JPM | $849B | 15.9 | 13.6 | — | 58.6% | 27.7% | 17.4% | 5.4% | 9.0 |
 BAC | $408B | 14.0 | 14.8 | 32.3 | 55.4% | 18.5% | 10.2% | 3.2% | 10.0 |
 C | $223B | 21.4 | 25.1 | — | 41.7% | 10.0% | 6.1% | 1.6% | 27.7 |
 WFC | $249B | 15.0 | 10.6 | 81.9 | 62.2% | 18.6% | 10.7% | 3.7% | 9.1 |
| Financial Services Median | — | 13.4 | 11.5 | 10.7 | 62.9% | 21.4% | 9.5% | 5.7% | 4.1 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonMUFG — Frequently Asked Questions
Quick answers to the most common questions about buying MUFG stock.
What is Mitsubishi UFJ Financial Group, Inc.'s P/E ratio?
Mitsubishi UFJ Financial Group, Inc.'s current P/E ratio is 18.0x. The historical average is 9.4x. This places it at the 92th percentile of its historical range.
What is Mitsubishi UFJ Financial Group, Inc.'s EV/EBITDA?
Mitsubishi UFJ Financial Group, Inc.'s current EV/EBITDA is 4.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 9.2x.
What is Mitsubishi UFJ Financial Group, Inc.'s ROE?
Mitsubishi UFJ Financial Group, Inc.'s return on equity (ROE) is 8.8%. The historical average is 3.1%.
Is MUFG stock overvalued?
Based on historical data, Mitsubishi UFJ Financial Group, Inc. is trading at a P/E of 18.0x. This is at the 92th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Mitsubishi UFJ Financial Group, Inc.'s dividend yield?
Mitsubishi UFJ Financial Group, Inc.'s current dividend yield is 1.59% with a payout ratio of 28.6%.
What are Mitsubishi UFJ Financial Group, Inc.'s profit margins?
Mitsubishi UFJ Financial Group, Inc. has 56.5% gross margin and 20.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Mitsubishi UFJ Financial Group, Inc. have?
Mitsubishi UFJ Financial Group, Inc.'s Debt/EBITDA ratio is 30.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.