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Mizuho Financial Group (STU:MZ8A) Pretax Margin % : 3.17% (As of Mar. 2024)


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What is Mizuho Financial Group Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Mizuho Financial Group's Pre-Tax Income for the three months ended in Mar. 2024 was €206 Mil. Mizuho Financial Group's Revenue for the three months ended in Mar. 2024 was €6,501 Mil. Therefore, Mizuho Financial Group's pretax margin for the quarter that ended in Mar. 2024 was 3.17%.

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

STU:MZ8A' s Pretax Margin % Range Over the Past 10 Years
Min: 5.3   Med: 28.97   Max: 40.11
Current: 29.29


STU:MZ8A's Pretax Margin % is ranked worse than
58.66% of 1461 companies
in the Banks industry
Industry Median: 32.76 vs STU:MZ8A: 29.29

Mizuho Financial Group Pretax Margin % Historical Data

The historical data trend for Mizuho Financial Group's Pretax 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 Pretax Margin % Chart

Mizuho Financial Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.77 26.50 23.97 28.64 29.29

Mizuho Financial Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax 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 12.22 45.14 38.15 42.46 3.17

Competitive Comparison of Mizuho Financial Group's Pretax Margin %

For the Banks - Regional subindustry, Mizuho Financial Group's Pretax Margin %, along with its competitors' market caps and Pretax 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 Pretax Margin % Distribution in the Banks Industry

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

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



Mizuho Financial Group Pretax Margin % Calculation

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

Mizuho Financial Group's Pretax Margin for the fiscal year that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Mar. 2024 )/Revenue (A: Mar. 2024 )
=5864.64/20021.068
=29.29 %

Mizuho Financial Group's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=206.225/6501.419
=3.17 %

* 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  (STU:MZ8A) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Mizuho Financial Group Pretax Margin % Related Terms

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Mizuho Financial Group (STU:MZ8A) Business Description

Traded in Other Exchanges
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 (STU:MZ8A) Headlines

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