Mizuho Financial Group Inc. (MFG) — Cash Flow Quality Index

Latest as of March 2026: 1.94x

Mizuho Financial Group Inc. (MFG) has a Cash Flow Quality Index of 1.94x as of March 2026. Operating cash flow of $590.24 Billion exceeds net income of $304.04 Billion, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Mizuho Financial Group Inc. to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.94x
Operating CF / Net Income

Operating Cash Flow

$590.24 Billion
USD

Net Income

$304.04 Billion
USD

Data as of

Mar 2026
Most recent filing

Mizuho Financial Group Inc. Cash Flow Quality Index (2004–2026)

Historical Cash Flow Quality Index for Mizuho Financial Group Inc. across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Mizuho Financial Group Inc. generate cash.

Annual Cash Flow Quality Index for Mizuho Financial Group Inc. (2004–2026)

Year-by-year earnings quality comparison for Mizuho Financial Group Inc..

Year Quality Index Operating CF (USD) Net Income YoY Change
2026 0.45x $590.24 Billion $1.32 Trillion ▲ +113.9%
2025 -3.21x $-3.82 Trillion $1.19 Trillion ▼ -262.7%
2024 1.97x $1.88 Trillion $955.03 Billion ▼ -82.7%
2023 11.38x $8.87 Trillion $778.96 Billion ▲ +39.8%
2022 8.14x $4.92 Trillion $603.87 Billion ▼ -68.0%
2021 25.47x $16.61 Trillion $652.16 Billion ▲ +728.7%
2020 3.07x $1.90 Trillion $618.72 Billion ▲ +113.6%
2019 -22.67x $-2.64 Trillion $116.26 Billion ▼ -711.4%
2018 3.71x $2.97 Trillion $799.95 Billion ▼ -38.0%
2017 5.98x $4.69 Trillion $784.19 Billion ▲ +46.9%
2016 4.07x $4.10 Trillion $1.01 Trillion ▼ -39.4%
2015 6.72x $6.65 Trillion $990.63 Billion ▲ +389.6%
2014 -2.32x $-2.29 Trillion $985.37 Billion ▼ -128.4%
2013 8.16x $5.86 Trillion $717.83 Billion ▲ +399.4%
2012 -2.73x $-1.79 Trillion $656.39 Billion ▼ -128.6%
2011 9.52x $6.05 Trillion $635.42 Billion ▼ -73.2%
2010 35.56x $13.43 Trillion $377.76 Billion ▲ +10024.3%
2008 0.35x $170.71 Billion $486.06 Billion ▲ +111.0%
2007 -3.18x $-3.10 Trillion $974.90 Billion ▼ -87.0%
2006 -1.70x $-1.67 Trillion $980.14 Billion ▼ -124.2%
2005 7.04x $4.42 Trillion $627.38 Billion ▼ -52.4%
2004 14.78x $6.01 Trillion $406.98 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.