MFG vs. SLF: A Head-to-Head Stock Comparison

Updated on October 5, 2025

Here’s a clear look at MFG and SLF, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.

Company Profile

MFG trades as an American Depositary Receipt (ADR), offering U.S. investors a convenient way to access its foreign-listed shares. In contrast, SLF is a standard domestic listing.

Symbol	MFG	SLF
Company Name	Mizuho Financial Group, Inc.	Sun Life Financial Inc.
Country	Japan	Canada
GICS Sector	Financials	Financials
GICS Industry	Banks	Insurance
Market Capitalization	81.96 billion USD	33.73 billion USD
Exchange	NYSE	NYSE
Listing Date	November 8, 2006	March 23, 2000
Security Type	ADR	Common Stock

Historical Performance

This chart compares the performance of MFG and SLF by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.

MFG vs. SLF: Growth of a $10,000 investment over the past one year.

Historical Performance at a Glance

Symbol	MFG	SLF
5-Day Price Return	-5.38%	1.91%
13-Week Price Return	20.71%	-7.50%
26-Week Price Return	11.07%	2.35%
52-Week Price Return	53.51%	6.53%
Month-to-Date Return	-3.83%	4.18%
Year-to-Date Return	23.86%	-2.09%
10-Day Avg. Volume	9.50M	1.59M
3-Month Avg. Volume	9.25M	2.00M
3-Month Volatility	28.66%	21.55%
Beta	1.59	0.64

Profitability

Return on Equity (TTM)

MFG

8.41%

Banks Industry

Max: 25.40%
Q3: 15.55%
Median: 12.00%
Q1: 8.98%
Min: -0.10%

MFG’s Return on Equity of 8.41% is in the lower quartile for the Banks industry. This indicates a less efficient generation of profit from its equity base when compared to its competitors.

SLF

12.98%

Insurance Industry

Max: 30.96%
Q3: 18.76%
Median: 14.22%
Q1: 10.34%
Min: 1.73%

SLF’s Return on Equity of 12.98% is on par with the norm for the Insurance industry, indicating its profitability relative to shareholder equity is typical for the sector.

MFG vs. SLF: A comparison of their Return on Equity (TTM) against their respective Banks and Insurance industry benchmarks.

Net Profit Margin (TTM)

MFG

19.44%

Banks Industry

Max: 54.20%
Q3: 35.73%
Median: 28.97%
Q1: 22.56%
Min: 6.98%

Falling into the lower quartile for the Banks industry, MFG’s Net Profit Margin of 19.44% indicates weaker profitability. This means the company retains a smaller portion of each dollar in sales as profit compared to its competitors.

SLF

9.67%

Insurance Industry

Max: 26.78%
Q3: 14.69%
Median: 9.87%
Q1: 6.59%
Min: -3.51%

SLF’s Net Profit Margin of 9.67% is aligned with the median group of its peers in the Insurance industry. This indicates its ability to convert revenue into profit is typical for the sector.

MFG vs. SLF: A comparison of their Net Profit Margin (TTM) against their respective Banks and Insurance industry benchmarks.

Operating Profit Margin (TTM)

MFG

28.25%

Banks Industry

Max: 63.35%
Q3: 44.73%
Median: 37.24%
Q1: 28.25%
Min: 12.28%

MFG’s Operating Profit Margin of 28.25% is around the midpoint for the Banks industry, indicating that its efficiency in managing core business operations is typical for the sector.

SLF

12.89%

Insurance Industry

Max: 34.52%
Q3: 20.17%
Median: 14.46%
Q1: 9.62%
Min: -2.51%

In the Insurance industry, Operating Profit Margin is often not the primary measure of operational efficiency.

MFG vs. SLF: A comparison of their Operating Profit Margin (TTM) against their respective Banks and Insurance industry benchmarks.

Profitability at a Glance

Symbol	MFG	SLF
Return on Equity (TTM)	8.41%	12.98%
Return on Assets (TTM)	0.32%	0.90%
Net Profit Margin (TTM)	19.44%	9.67%
Operating Profit Margin (TTM)	28.25%	12.89%
Gross Profit Margin (TTM)	--	--

Financial Strength

Current Ratio (MRQ)

MFG

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

For the Banks industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

SLF

Insurance Industry

Max: 2.97
Q3: 1.37
Median: 0.54
Q1: 0.15
Min: 0.00

For the Insurance industry, the Current Ratio is often not the most suitable measure of short-term liquidity.

MFG vs. SLF: A comparison of their Current Ratio (MRQ) against their respective Banks and Insurance industry benchmarks.

Debt-to-Equity Ratio (MRQ)

MFG

5.78

Banks Industry

Max: 5.78
Q3: 2.66
Median: 1.05
Q1: 0.40
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Banks industry.

SLF

0.25

Insurance Industry

Max: 1.25
Q3: 0.65
Median: 0.34
Q1: 0.23
Min: 0.00

The Debt-to-Equity Ratio is often not the primary focus for assessing leverage in the Insurance industry.

MFG vs. SLF: A comparison of their Debt-to-Equity Ratio (MRQ) against their respective Banks and Insurance industry benchmarks.

Interest Coverage Ratio (TTM)

MFG

Banks Industry

Max: --
Q3: --
Median: --
Q1: --
Min: --

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Banks industry.

SLF

1.21

Insurance Industry

Max: 43.68
Q3: 21.45
Median: 9.67
Q1: 3.55
Min: -5.73

The Interest Coverage Ratio is often not a primary indicator of debt servicing capacity in the Insurance industry.

MFG vs. SLF: A comparison of their Interest Coverage Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Financial Strength at a Glance

Symbol	MFG	SLF
Current Ratio (MRQ)	--	--
Quick Ratio (MRQ)	--	--
Debt-to-Equity Ratio (MRQ)	5.78	0.25
Interest Coverage Ratio (TTM)	--	1.21

Growth

Revenue Growth

MFG vs. SLF: A side-by-side comparison of their Revenue Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

EPS Growth

MFG vs. SLF: A side-by-side comparison of their EPS Growth for the MRQ (YoY), TTM (YoY), 3-Year CAGR, and 5-Year CAGR periods.

Dividend

Dividend Yield (TTM)

MFG

2.46%

Banks Industry

Max: 11.03%
Q3: 6.00%
Median: 3.87%
Q1: 2.41%
Min: 0.00%

MFG’s Dividend Yield of 2.46% is consistent with its peers in the Banks industry, providing a dividend return that is standard for its sector.

SLF

4.27%

Insurance Industry

Max: 9.80%
Q3: 5.18%
Median: 3.58%
Q1: 2.07%
Min: 0.00%

SLF’s Dividend Yield of 4.27% is consistent with its peers in the Insurance industry, providing a dividend return that is standard for its sector.

MFG vs. SLF: A comparison of their Dividend Yield (TTM) against their respective Banks and Insurance industry benchmarks.

Dividend Payout Ratio (TTM)

MFG

99.19%

Banks Industry

Max: 134.24%
Q3: 79.39%
Median: 55.09%
Q1: 36.09%
Min: 0.00%

MFG’s Dividend Payout Ratio of 99.19% is in the upper quartile for the Banks industry. This indicates a strong commitment to shareholder returns but also suggests that a smaller portion of earnings is retained for reinvestment compared to many peers.

SLF

59.98%

Insurance Industry

Max: 169.40%
Q3: 85.57%
Median: 53.26%
Q1: 23.68%
Min: 0.00%

SLF’s Dividend Payout Ratio of 59.98% is within the typical range for the Insurance industry, suggesting a balanced approach between shareholder payouts and company reinvestment.

MFG vs. SLF: A comparison of their Dividend Payout Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Dividend at a Glance

Symbol	MFG	SLF
Dividend Yield (TTM)	2.46%	4.27%
Dividend Payout Ratio (TTM)	99.19%	59.98%

Valuation

Price-to-Earnings Ratio (TTM)

MFG

13.98

Banks Industry

Max: 22.69
Q3: 13.75
Median: 10.32
Q1: 7.73
Min: 2.59

A P/E Ratio of 13.98 places MFG in the upper quartile for the Banks industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.

SLF

14.06

Insurance Industry

Max: 30.75
Q3: 18.11
Median: 12.67
Q1: 9.66
Min: 2.87

SLF’s P/E Ratio of 14.06 is within the middle range for the Insurance industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.

MFG vs. SLF: A comparison of their Price-to-Earnings Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Price-to-Sales Ratio (TTM)

MFG

1.96

Banks Industry

Max: 4.90
Q3: 2.98
Median: 2.24
Q1: 1.59
Min: 0.45

The P/S Ratio is often not a primary valuation tool in the Banks industry.

SLF

1.36

Insurance Industry

Max: 3.41
Q3: 1.88
Median: 1.22
Q1: 0.80
Min: 0.23

SLF’s P/S Ratio of 1.36 aligns with the market consensus for the Insurance industry. This suggests its valuation, based on sales, is seen as standard and is on par with its competitors.

MFG vs. SLF: A comparison of their Price-to-Sales Ratio (TTM) against their respective Banks and Insurance industry benchmarks.

Price-to-Book Ratio (MRQ)

MFG

0.95

Banks Industry

Max: 2.09
Q3: 1.40
Median: 1.11
Q1: 0.86
Min: 0.29

MFG’s P/B Ratio of 0.95 is within the conventional range for the Banks industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

SLF

2.03

Insurance Industry

Max: 4.57
Q3: 2.56
Median: 1.88
Q1: 1.20
Min: 0.17

SLF’s P/B Ratio of 2.03 is within the conventional range for the Insurance industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.

MFG vs. SLF: A comparison of their Price-to-Book Ratio (MRQ) against their respective Banks and Insurance industry benchmarks.

Valuation at a Glance

Symbol	MFG	SLF
Price-to-Earnings Ratio (TTM)	13.98	14.06
Price-to-Sales Ratio (TTM)	1.96	1.36
Price-to-Book Ratio (MRQ)	0.95	2.03
Price-to-Free Cash Flow Ratio (TTM)	4.31	10.33