Mizuho Financial (MFG) Gross Margin (2015 - 2023)
Mizuho Financial's (MFG) quarterly Gross Margin came in at 87.24% in Q1 2023, down 2426.0% on a YoY basis from 3.75% in Q1 2022, and down 29.0% quarter-over-quarter from 122.87% in Q4 2022.
Analysis
Mizuho Financial (MFG) Gross Margin (2015 - 2023) Analysis & Trends
Mizuho Financial (MFG) has reported Gross Margin for 9 consecutive years, with 87.24% the latest figure, recorded in Q1 2023.
- For the quarter ending Q1 2023, Gross Margin fell 2426.0% year-over-year to 87.24%; the trailing twelve-month figure through Mar 2023 stood at 76.99% (down 2048.0% YoY), and the FY2026 full-year result was 74.72%, up 586.0% from the prior year.
- Gross Margin retreated to 87.24% in Q1 2023 per MFG's latest filing, from 122.87% in the prior quarter.
- Across five years, Gross Margin topped out at 130.71% in Q4 2020 and bottomed at 50.55% in Q2 2020.
- Historically, Gross Margin has averaged 97.04% across 5 years, with a median of 92.17% in 2020.
- The sharpest annual moves came in 2021 and 2023: Gross Margin surged 2087 bps in 2021, then slumped 2426 bps in 2023.
- Over 5 years, Gross Margin stood at 122.97% in 2019, then advanced by 6 bps to 130.71% in 2020, then retreated by 6 bps to 122.3% in 2021, then grew by 0 bps to 122.87% in 2022, then fell by 29 bps to 87.24% in 2023.
- According to Business Quant data, Gross Margin over the past three periods registered 87.24%, 122.87%, and 78.83% for Q1 2023, Q4 2022, and Q3 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,119.43 Bn | 1,530.93 Bn | 30.39 Bn | 96.31% |
| 2 | Morgan Stanley | 342.23 Bn | 182.09 Bn | - | - |
| 3 | Goldman Sachs | 302.60 Bn | -673.74 Bn | - | - |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 295.00 Bn | 68.16 Bn | - | - |
| 6 | Wells Fargo & Company | 272.35 Bn | 70.52 Bn | - | - |
| 7 | American Express | 220.11 Bn | 170.79 Bn | 17.99 Bn | 91.60% |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | 78.17% |
| 9 | Toronto Dominion Bank | 205.51 Bn | 44.18 Bn | - | - |
| 10 | Mizuho Financial | 13.98 Bn | -275.03 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2023 | 87.24% |
| Dec 31, 2022 | 122.87% |
| Sep 30, 2022 | 78.83% |
| Jun 30, 2022 | 73.27% |
| Mar 31, 2022 | 111.51% |
| Dec 31, 2021 | 122.30% |
| Sep 30, 2021 | 91.31% |
| Jun 30, 2021 | 71.42% |
| Mar 31, 2021 | 114.21% |
| Dec 31, 2020 | 130.71% |
| Sep 30, 2020 | 92.17% |
| Jun 30, 2020 | 50.55% |
| Mar 31, 2020 | 112.31% |
| Dec 31, 2019 | 122.97% |
| Sep 30, 2019 | 85.98% |
| Jun 30, 2019 | 73.71% |
| Mar 31, 2019 | 108.39% |
| Dec 31, 2018 | 120.44% |
| Sep 30, 2018 | 93.01% |
| Jun 30, 2018 | 74.64% |