Mizuho Financial Group, Inc.

MFGNYSEFinancial Services● Active

$9.64

+$0.12(+1.21%)

Market Cap$117.5B

P/E Ratio—

52W High$10.28

52W Low$5.35

Avg Volume4.3M

Open$9.58

Beta0.39

Overview

Mizuho Financial Group, Inc. (MFG) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

MFG · free cash flow · updated Jun 8, 2026

Core FCF metrics

MFG · FCF · TTM · margin & CAGR

Free cash flow was $487.72B for FY2026 (fiscal year ending 2026-03-31), up 111.7% year-over-year The FCF margin was 5.1%. Five-year CAGR stands at -50.5%.

FY2026 Free Cash Flow$487.72B▲ +111.7% YoY

Trailing 12M (TTM)$487.72Btrailing 4 quarters sum

FCF Margin5.1%$487.72B ÷ revenue

3-Year CAGR-61.7%FY2023 → FY2026

5-Year CAGR-50.5%FY2021 → FY2026

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

MFG · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2026Latest$590.24B(102.52B)$487.72B▲ +111.7%5.1%

FY2025−$3.82T(344.94B)−$4.17T▼ 355.9%-48.4%

FY2024$1.88T(257.01B)$1.63T▼ 81.3%20.7%

FY2023$8.87T(183.18B)$8.68T▲ +81.8%177.7%

FY2022$4.92T(139.26B)$4.78T▼ 70.9%168.5%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

MFG · P/FCF · FCF yield · FCF per share

Mizuho Financial Group, Inc. (MFG) trades at a FCF yield of 0.00% and a price-to-free-cash-flow ratio of 0.2x. FCF per share stands at $39.29, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

0.00%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$39.29

TTM FCF ÷ Shares Outstanding

Price / FCF

x0.2

Share Price ÷ FCF per Share

EV / FCF (TTM)

x0.0

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2026 · 2026-03-31

Cash flow statement summary

MFG · cash flow statement · operating / investing / financing

For FY2026, Mizuho Financial Group, Inc. generated $590.24B in operating cash flow and spent 102.52B in capital expenditures, yielding $487.72B in free cash flow.

Operating Activities

+$590.24B

Cash from core business operations

2026-03-31

Investing Activities

−$15.21T

CapEx, acquisitions & investments

2026-03-31

Financing Activities

+$1.85T

Buybacks, dividends & debt

2026-03-31

FCF FormulaOperating CF ($590.24B) − |CapEx| (102.52B) = FCF ($487.72B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Financial Services)

MFG vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Mizuho Financial Group, Inc.YOU

MFG

$487.72B+111.7%5.1%

100%

Berkshire Hathaway Inc.

BRK-B

$25.04B+115.6%6.7%

Berkshire Hathaway Inc.

Mastercard Incorporated

$16.91B+18.2%51.6%

Financial Services · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Mizuho Financial Group, Inc. (MFG) reported free cash flow of $487.72B for FY2026 (fiscal year ending 2026-03-31), up 111.7% year-over-year. The FCF margin was 5.1%.

Based on available data, Mizuho Financial Group, Inc. has maintained positive free cash flow for at least 11 fiscal year(s). FCF peaked at $16.40T in FY2021. The 5-year CAGR stands at -50.5%.

Mizuho Financial Group, Inc.'s FCF yield is 0.00% and price-to-FCF ratio is 0.2x for FY2026, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

MFG free cash flow · 8 questions

Mizuho Financial Group, Inc. free cash flow was $487.72B for FY2026, up 111.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $487.72B.

MFG free cash flowMFG FCFMFG FCF 2026MFG free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Mizuho Financial Group, Inc. · Mizuho Financial Group, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026