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Mizuho Financial Group (TSE:8411) Net Margin % : 29.59% (As of Dec. 2023)


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What is Mizuho Financial Group Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Mizuho Financial Group's Net Income for the three months ended in Dec. 2023 was 円226,567 Mil. Mizuho Financial Group's Revenue for the three months ended in Dec. 2023 was 円765,808 Mil. Therefore, Mizuho Financial Group's net margin for the quarter that ended in Dec. 2023 was 29.59%.

The historical rank and industry rank for Mizuho Financial Group's Net Margin % or its related term are showing as below:

TSE:8411' s Net Margin % Range Over the Past 10 Years
Min: 4.4   Med: 22.86   Max: 30.05
Current: 22.73


TSE:8411's Net Margin % is ranked worse than
58.44% of 1458 companies
in the Banks industry
Industry Median: 25.085 vs TSE:8411: 22.73

Mizuho Financial Group Net Margin % Historical Data

The historical data trend for Mizuho Financial Group's Net Margin % 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.

* Premium members only.

Mizuho Financial Group Net Margin % Chart

Mizuho Financial Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.40 19.41 19.14 21.06 20.81

Mizuho Financial Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Margin % 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 31.35 1.81 35.29 23.01 29.59

Competitive Comparison of Mizuho Financial Group's Net Margin %

For the Banks - Regional subindustry, Mizuho Financial Group's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mizuho Financial Group's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Mizuho Financial Group's Net Margin % distribution charts can be found below:

* The bar in red indicates where Mizuho Financial Group's Net Margin % falls into.



Mizuho Financial Group Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Mizuho Financial Group's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=555527/2670039
=20.81 %

Mizuho Financial Group's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin=Net Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=226567/765808
=29.59 %

* 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.


Mizuho Financial Group  (TSE:8411) Net Margin % Explanation

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.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Mizuho Financial Group Net Margin % Related Terms

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Mizuho Financial Group (TSE:8411) Business Description

Address
1-5-5, Otemachi, Otemachi Tower, Chiyoda-ku, Tokyo, JPN, 100-8176
Mizuho Financial Group is roughly tied with megabank peer Sumitomo Mitsui Financial Group for the status as Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, Mizuho's market share of domestic loans was 6.7%, compared with 7.1% for SMFG and 8.1% for MUFG. In Japan, Mizuho has more of a corporate focus than SMFG, which has a larger retail business. Its overseas weighting is slightly smaller than that of MUFG. Unlike its two Japanese megabank peers that own foreign banks outright or hold noncontrolling stakes in local banks overseas, Mizuho expanded in recent years beyond its traditional Japanese borrowers, mainly through its core banking and securities units, focusing on the financing needs of global multinational corporations.

Mizuho Financial Group (TSE:8411) Headlines

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