Mizuho Financial MFG
NYSE MFG
$10.94 -0.20 (-1.79%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%