MHVYF (Mitsubishi Heavy Industries) Net Income: $2,533 Mil (TTM As of Jun. 2026)

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MHVYF Mitsubishi Heavy Industries Ltd MHVYF
71 GF Score
Price $25.18
GF Value $7.67
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Mitsubishi Heavy Industries Net Income?

Mitsubishi Heavy Industries MHVYF -3.34% 71 Net Income is $2,533 Mil as of Jun. 2026. GuruFocus rates MHVYF with a GF Score™ of 71/100 and a GF Value™ of $7.67 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Mitsubishi Heavy Industries's Net Income for the three months ended in Jun. 2026 was $838 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was $2,533 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Mitsubishi Heavy Industries's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was $0.25.


Mitsubishi Heavy Industries  (OTCPK:MHVYF) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Mitsubishi Heavy Industries's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Mitsubishi Heavy Industries Net Income Related Terms


Mitsubishi Heavy Industries Net Income Historical Data

* Premium members only.

The historical data trend for Mitsubishi Heavy Industries's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mitsubishi Heavy Industries Net Income Chart

Mitsubishi Heavy Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 957.53 975.96 1,481.95 2,228.19 2,093.04

Mitsubishi Heavy Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 472.21 315.73 616.26 763.37 837.72
MHVYF
71GF Score
Mitsubishi Heavy Industries Ltd MHVYF
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Mitsubishi Heavy Industries Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Mitsubishi Heavy Industries's Net Income for the fiscal year that ended in Mar. 2026 is calculated as

Net Income(A: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2991.467+-732.947+-78.427+-87.055
=2,093

Mitsubishi Heavy Industries's Net Income for the quarter that ended in Jun. 2026 is calculated as

Net Income(Q: Jun. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1097.381+-279.051+40.928+-21.54
=838

Net Income for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,533 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $2,533 Mil mean?
Mitsubishi Heavy Industries (MHVYF) has a Net Income of $2,533 Mil as of Jun. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Mitsubishi Heavy Industries and its competitors.
Is Mitsubishi Heavy Industries' Net Income too high?
Mitsubishi Heavy Industries' current Net Income is $2,533 Mil. Overall, Mitsubishi Heavy Industries has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mitsubishi Heavy Industries' Net Income compare to GEV and ETN?
Mitsubishi Heavy Industries' Net Income of $2,533 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Industrial Products company?
A good Net Income depends on the Industrial Products industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Mitsubishi Heavy Industries and its competitors. Mitsubishi Heavy Industries's current Net Income is $2,533 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mitsubishi Heavy Industries stock overvalued right now?
Based on GuruFocus' analysis, Mitsubishi Heavy Industries (MHVYF) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.67, compared to a current price of $25.18 — trading 228.3% above its estimated fair value. The current Net Income is $2,533 Mil. Mitsubishi Heavy Industries' overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Mitsubishi Heavy Industries (MHVYF), the current Net Income is $2,533 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mitsubishi Heavy Industries (MHVYF) Overvalued in 2026?

Based on GuruFocus' analysis, Mitsubishi Heavy Industries stock appears to be overvalued. The current stock price of $25.18 is trading 228.3% above its estimated GF Value™ of $7.67. GuruFocus considers Mitsubishi Heavy Industries to be Significantly Overvalued.

Key valuation signals for MHVYF:

  • Net Income: $2,533 Mil
  • GF Value™: $7.67 vs. price of $25.18 (228.3% above fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the MHVYF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mitsubishi Heavy Industries Business Description

Address 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, JPN, 100-8332
Mitsubishi Heavy Industries is a diversified industrial and engineering group that was founded in 1884 and reorganized in 1950. It operates across four segments: energy systems; plants and infrastructure; logistics, thermal and drive systems; and aircraft, defense and space. MHI is a global leader in large gas turbines and energy services, and a key domestic supplier of aerospace and defense systems. Its end markets include energy infrastructure, industrial equipment, transport, and defense, with a growing focus on decarbonization technologies such as hydrogen- and ammonia-capable turbines. The company employs about 77,000 people globally.
71GF Score

Get the complete analysis for MHVYF

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$25.18
Price
$7.67
GF Value