Mitsubishi UFJ Financial Group, Inc. (MUFG) financials

NYSE · Financial Services · Banks - Diversified · 161,576 employees · CEO Junichi Hanzawa

Price: $21.56 -1.73%
Market cap: $247B
Enterprise value: ¥28.7T
Last report: Q1 '27 filed 2026-08-03
Next report: 2026-11-13

Revenue (TTM)¥13.8T+14.0% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)26.9%+5.9 pp vs a year agoOperating income ¥3.71T

Net income (TTM)¥2.69T+45.2% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)¥8.09T– vs a year agoCapex ¥326B

Diluted EPS (TTM)¥238.74+50.6% vs a year agoSum of the last 4 quarters

Net cash¥10T-54.9% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: $247B
Revenue: ¥13.8T
Revenue growth: –
Profit margin: 19.5%
P/E: 14.5×
P/S: 2.7×
EV / EBITDA: 7.7×
Free cash flow: ¥8.09T
Net income: ¥2.69T
Revenue estimate: –
Earnings: 2026-11-13
Dividend: $0.61

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Revenue growth accelerating: 19.2% year on yearQ1 '27 revenue ¥3.52T, against an average of 7.0% over the four quarters before.
Operating margin 26.9% (TTM), +5.9 pp on a year agoOperating income grew 46.0% while revenue grew 14.0%.
Capex 2.4% of revenue (a year ago 0.0%)¥326B invested in the last 4 quarters (– on a year earlier). Free cash flow ¥8.09T = 300.9% of net income.
Returned ¥1.43T to shareholders = 17.7% of free cash flowBuybacks ¥530B (a year earlier ¥0), dividends ¥900B, stock-based pay ¥0 (TTM).
Diluted share count down 1.8% in a year11.3B diluted shares in Q1 '27, 11.5B a year earlier.
Net cash ¥10TCash + short-term investments ¥81.4T, debt incl. leases ¥71.4T; a year ago net cash ¥22.2T.

Last quarter: Q1 '27

Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q1 '27	Year ago	Change
Revenue	¥3.52T	¥2.95T	+19.2%
Gross margin	56.7%	53.3%	+3.3 pp
Operating income	¥1.12T	¥729B	+53.5%
Operating margin	31.8%	24.7%	+7.1 pp
Net income	¥809B	¥546B	+48.2%
Diluted EPS	¥72.65	¥47.45	+53.1%
Operating cash flow	¥0	¥0	–
Capex	¥0	¥0	–
Free cash flow	¥0	¥0	–
R&D	¥0	¥0	–
Stock-based compensation	¥0	¥0	–

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Revenue by business line

stacked, quarterly

Segment	Q4 '22	y/y	Share	TTM	TTM y/y
Other Fees And Commissions	¥201B	+16.5%	23.3%	–	–
Investment Advisory, Management and Administrative Service	¥141B	+9.0%	16.4%	–	–
Security Related Services	¥132B	+8.2%	15.4%	–	–
Credit Card	¥107B	+3.7%	12.5%	–	–
Remittances and Transfers	¥74.2B	-10.8%	8.6%	–	–
Fiduciary and Trust	¥67.2B	+3.9%	7.8%	–	–
Foreign Trading Business	¥22.4B	-55.3%	2.6%	–	–
Real Estate	¥45.2B	+32.2%	5.3%	–	–
Deposit Account	¥25.2B	+5.3%	2.9%	–	–
Guarantees	¥23.4B	+11.1%	2.7%	–	–
Insurance Commissions	¥21.6B	-4.8%	2.5%	–	–

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Operating cash flow: ¥8.42T
Capex: -¥326B
Buybacks: -¥530B
Dividends: -¥900B
Acquisitions: ¥44.7B
Net debt issued: -¥18.6T
Stock-based compensation: ¥0
Free cash flow: ¥8.09T
Returned to shareholders / FCF: 17.7%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	14.5×	11.1×	8.5× – 12.8×
EV / EBITDA	7.7×	4.7× 1 of 5 years	4.7× – 4.7×
EV / Sales	2.0×	1.3× 1 of 5 years	1.3× – 1.3×
Price / FCF	0.0×	0.9× 2 of 5 years	0.8× – 1.0×
Price / Book	1.7×	0.9×	0.6× – 1.4×
FCF yield	0.0%	17.4%	-77.4% – 124.8%
Return on invested capital	0.7%	0.9%	0.6% – 1.2%
Return on equity	12.3%	8.1%	6.5% – 10.9%

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-01 · Amounts in JPY as reported; price and market cap in USD.