Mizuho Financial Group, Inc.MFG

Where MFG's Net Debt / EBITDA sits inside its own 10-year distribution, with the yearly high, low and average.

$11.45+0.39 (+3.53%)Previous close
NYSEFinancial Services

MFG Net Debt / EBITDA: current value, 10-year range and year-by-year history

Net Debt / EBITDA History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
MFG Net Debt / EBITDA historyMFG Net Debt / EBITDA from Sep 2023 to Jun 2026: low -14.68, high 8.13, latest 8.13.-16.51-9.89-3.283.349.95Sep 23Mar 24Sep 24Jun 25Dec 25Jun 26med -6.25

MFG Net Debt / EBITDA by year

Yearly range of MFG’s net debt / ebitda from 2016 to 2026. Over the full period it ranged from -344.9 to 8.1, averaging -24.9.

MFG Net Debt / EBITDA — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20262.75.48.18.1
2025-9.7-4.62.52.5
2024-14.7-8.4-4.6-4.6
2023-28.0-15.6-8.6-10.8
2022-23.1-19.0-14.9-23.1
2021-11.8-4.11.7-2.5
2020-9.5-5.8-3.6-5.7
2019-344.9-160.5-79.5-89.5
2018-19.3-14.8-11.6-13.0
2017-17.5-15.4-11.4-16.3
2016-8.6-7.5-6.5-6.5

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How many years of operating earnings it would take to pay off the company's net debt. The most common leverage ratio — higher means more financial risk and less flexibility.

Formula(Total Debt − Cash) / EBITDA
Full guide
How to read this chart

Watch the trend more than the level. Declining ratio = deleveraging, growing financial flexibility. Rising ratio = increasing leverage, which constrains dividends, buybacks, and future investment.

Key caveats
  • Sector context is essential: 3× is aggressive for a consumer brand but normal for a regulated utility. Always compare to sector peers.
  • Large acquisitions spike the ratio temporarily — check whether the integration plan credibly drives paydown.
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