MUFG

MKT CAP:$196B

Mitsubishi UFJ Financial Group, Inc.

Market Cap

$196B

Financial Services·Banks - Diversified·🇯🇵 Japan·NYSE

Financials·Banks·🇯🇵·NYSE

Stock Price

$17.29+$1.31 (+8.23%)

Apr 24, 2026

Company Details

Mitsubishi UFJ Financial Group, Inc. operates as the bank holding company for MUFG Bank, Ltd. that provides various financial services in Japan, the United States, Europe, Asia/Oceania, and internationally. It operates through Digital Servi...

CEO

Junichi Hanzawa

IPO Date

Apr 2, 2001

Website

www.mufg.jp

Key Metrics TTM

Revenue

$78.4B

+2.3% YoY

Net Income

$12.1B

EPS (Diluted)

$1.06

Free Cash Flow

$0

Revenue / Share

$6.86

Gross Margin

57.6%

Operating Margin

21.1%

Net Margin

15.4%

FCF Margin

0.0%

P/S

2.5x

P/E

16.2x

Earnings Reports

Q4 2026

May 15, 2026

PENDING

Q3 2026

Feb 4, 2026

$21.3B+8.2%EPS $0.29

Q2 2026

Dec 29, 2025

$20.4B+4.5%EPS $0.41

Q1 2026

Aug 4, 2025

$18.5B-9.8%EPS $0.30

Q4 2025

Jul 7, 2025

$18.1BEPS $0.06

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q1 21	$9.4B	$6.7B	$1.7B
Q1 22	$7.8B	$6.9B	$3.1B
Q2 22	$7.8B	$7.1B	$3.5B
Q3 22	$7.8B	$6.7B	$2.5B
Q2 23	$12.6B	$8.6B	$1.8B
Q3 23	$14.1B	$7.9B	$1.6B
Q1 24	$15.6B	$8.5B	$4.4B
Q2 24	$16.9B	$8.4B	$3.3B
Q3 24	$16.9B	$8.6B	$3.3B
Q1 25	$20.5B	$9.9B	$4.6B
Q2 25	$19.6B	$11.2B	$6.3B
Q3 25	$19.7B	$10.1B	$4.2B
Q4 25	$18.1B	$12.8B	$906M
Q1 26	$18.5B	$9.9B	$4.6B
Q2 26	$20.4B	$11.4B	$6.5B
Q3 26	$21.3B	$11.0B	$4.5B

Valuation

Quarter	P/S	P/E
Q1 21	1.3x	9.4x
Q1 22	1.9x	12.1x
Q2 22	2.3x	13.7x
Q3 22	2.1x	8.9x
Q2 23	1.5x	7.5x
Q3 23	2.0x	14.4x
Q1 24	1.8x	13.3x
Q2 24	1.7x	14.1x
Q3 24	1.7x	12.1x
Q1 25	1.8x	11.0x
Q2 25	1.6x	9.5x
Q3 25	1.8x	10.4x
Q4 25	2.1x	14.3x
Q1 26	2.2x	14.5x
Q2 26	2.4x	15.4x
Q3 26	2.3x	15.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 21	$0	$0
Q1 22	$0	$0
Q2 22	$0	$0
Q3 22	$0	$0
Q2 23	$0	$0
Q3 23	$0	$0
Q1 24	$0	$0
Q2 24	$0	$0
Q3 24	$0	$0
Q1 25	$0	$0
Q2 25	$0	$0
Q3 25	$0	$0
Q4 25	$0	$0
Q1 26	$0	$0
Q2 26	$0	$0
Q3 26	$0	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 21	+497.7%	+723.5%
Q1 22	-22.0%	-37.2%
Q2 22	-24.0%	-41.9%
Q3 22	-24.9%	-47.5%
Q2 23	+33.5%	+38.3%
Q3 23	+82.5%	+171.1%
Q1 24	+100.4%	+161.8%
Q2 24	+117.0%	+156.8%
Q3 24	+34.1%	+26.4%
Q1 25	+44.9%	+26.4%
Q2 25	+25.6%	+18.7%
Q3 25	+16.6%	+14.7%
Q4 25	+7.4%	+26.6%
Q1 26	-9.8%	-12.3%
Q2 26	+4.5%	+4.9%
Q3 26	+8.2%	+8.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 21	$0	0.0%
Q1 22	$0	0.0%
Q2 22	$0	0.0%
Q3 22	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%
Q1 26	$0	0.0%
Q2 26	$0	0.0%
Q3 26	$0	0.0%

OpEx Breakdown

Quarter	G&A
Q1 22	$4.2B
Q3 22	$4.2B
Q2 23	$4.6B
Q3 23	$4.9B
Q1 24	$4.4B
Q2 24	$4.5B
Q3 24	$4.4B
Q1 25	$5.3B
Q2 25	$4.6B
Q3 25	$4.9B
Q4 25	$5.0B
Q1 26	$5.0B
Q2 26	$5.1B
Q3 26	$5.6B

War Chest

Quarter	Cash	Short-term Investments	Total
Q4 22	$693.9B	$144.9B	$838.8B
Q1 23	$689.8B	$0	$689.8B
Q2 23	$641.4B	$215.1B	$856.6B
Q3 23	$653.5B	$222.2B	$875.8B
Q4 23	$711.9B	$144.8B	$856.7B
Q1 24	$678.2B	$225.4B	$903.7B
Q2 24	$680.5B	$242.2B	$922.8B
Q3 24	$666.6B	$269.2B	$935.8B
Q4 24	$688.4B	$0	$688.4B
Q1 25	$673.6B	$0	$673.6B
Q2 25	$676.6B	$0	$676.6B
Q3 25	$669.0B	$0	$669.0B
Q4 25	$683.5B	$281.9B	$965.4B
Q1 26	$659.1B	$0	$659.1B
Q2 26	$589.5B	$0	$589.5B
Q3 26	$558.7B	$212.2B	$771.0B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q1 21	12.84B	-0.3%	-2.2%
Q1 22	12.84B	-0.0%	-2.2%
Q2 22	12.84B	0.0%	-0.6%
Q3 22	12.84B	0.0%	-0.3%
Q2 23	12.59B	-2.0%	-2.0%
Q3 23	12.20B	-3.1%	-5.0%
Q1 24	12.02B	-1.4%	-6.4%
Q2 24	12.05B	+0.3%	-6.1%
Q3 24	11.99B	-0.5%	-4.7%
Q1 25	11.73B	-2.2%	-3.8%
Q2 25	11.73B	0.0%	-2.5%
Q3 25	11.73B	0.0%	-2.7%
Q4 25	11.55B	-1.5%	-3.6%
Q1 26	11.51B	-0.4%	-1.9%
Q2 26	11.42B	-0.7%	-2.6%
Q3 26	11.43B	+0.1%	-2.5%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q1 21	$70.8K	133K
Q1 22	$58.4K	133K
Q2 22	$58.5K	133K
Q3 22	$58.7K	133K
Q2 23	$97.1K	130K
Q3 23	$109.1K	130K
Q1 24	$127.8K	122K
Q2 24	$138.7K	122K
Q3 24	$138.6K	122K
Q1 25	$146.4K	140K
Q2 25	$139.7K	140K
Q3 25	$140.7K	140K
Q4 25	$120.2K	151K
Q1 26	$122.7K	151K
Q2 26	$135.5K	151K
Q3 26	$141.3K	151K

Revenue / Employee