NOMURA HOLDINGS INC(NMR)Stock Analysis
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Rank #1,081 of 2,962 stocksTOP 50%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
NMR Stock Analysis & AI Quality Score
Data updated 2026-09-11AI stock analysis and institutional research for NOMURA HOLDINGS INC (NMR), a Financials sector company. 13F Pro's AI-powered ranking engine scores NMR at 57.6/100 on a 32-signal composite quality model, placing it at rank #1,081 of 2,962 stocks — the top half of the AI-ranked universe. NMR scores in the top quartile across revenue growth (97.1), institutional flow (76.0). Areas of concern include profitability (30.0) and balance sheet strength (30.0), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q3 2011), NOMURA HOLDINGS INC reports quarterly revenue of $3.9B, net income of $-598.0M. Top institutional holders of NMR by reported 13-F value include LPL Financial, Fisher Asset Management, NOMURA ASSET MANAGEMENT INTERNATIONAL, based on the most recent SEC filings. NMR trades on the NYSE exchange and files with the SEC under CIK 1163653. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate NMR daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for NOMURA HOLDINGS INC directly from SEC EDGAR.
Revenue
Q3 2011
$3.9B
Net Income
Q3 2011
$-598.0M
ROIC
Q3 2011
-1.4%
D/E Ratio
Q3 2011
4.88
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · ProRevenue
+14.5% YoYNet Income
+6.3% YoYEPS (Diluted)
+7.2% YoYTotal Assets
+10.3% YoYTotal Debt
+19.4% YoYOp. Cash Flow
-24.2% YoYFree Cash Flow
-37.8% YoY| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue | $2.17T +14.5% | $1.89T +21.2% | $1.56T +17.0% | $1.34T -2.1% | $1.36T -2.7% | $1.40T |
| Net Income | $362.13B +6.3% | $340.74B +105.4% | $165.86B +78.8% | $92.79B -35.1% | $143.00B -6.6% | $153.12B |
| EPS (Diluted) | $118.99 +7.2% | $111.03 +110.7% | $52.69 +77.2% | $29.74 -34.2% | $45.23 -7.0% | $48.63 |
| Total Assets | $62.65T +10.3% | $56.80T +3.0% | $55.15T +15.4% | $47.77T +10.0% | $43.41T +2.1% | $42.52T |
| Total Debt | $17.30T +19.4% | $14.49T +7.3% | $13.51T +18.4% | $11.41T +10.7% | $10.31T +10.3% | $9.34T |
| Operating Cash Flow | $-842.96B -24.2% | $-678.61B -611.6% | $132.64B +119.1% | $-694.82B +19.5% | $-862.83B -229.2% | $667.61B |
| Free Cash Flow | $-1.20T -37.8% | $-868.58B -6508.2% | $-13.14B +98.5% | $-865.99B +11.1% | $-974.16B -277.9% | $547.74B |
AI Insight: NMR Financial Trends
Nomura's debt load has surged 68% since Q1 2022, reaching $17.3B, while equity grew only 27%—leverage is accelerating sharply.
• Total debt rose from $10.3B (Q1 2022) to $17.3B (Q1 2026), a 68% increase over four years.
• Equity expanded modestly from $2.9B to $3.7B (+27%), trailing debt growth by 41 percentage points.
• Debt acceleration intensified: $1.7B added in latest year versus $1.0B added in prior year.
⚠ Debt-to-equity ratio deteriorated from 3.5x (Q1 2022) to 4.7x (Q1 2026)—highest leverage on record in dataset.
⚠ Missing revenue, net income, and operating data limits ability to assess profitability trends or debt service capacity.
AI Insight: NMR Ratio Trends
Nomura's leverage has risen 32% over four years, with D/E climbing from 3.54 in Q1 2022 to 4.67 in Q1 2026.
• Debt-to-equity ratio accelerated sharply in recent quarters: +0.19pp from Q3 2025 to Q1 2026, marking the fastest quarterly increase in the dataset.
• D/E has risen consistently every period except one: 3.54 (Q1 2022) → 4.67 (Q1 2026), a sustained 4-year uptrend.
⚠ Continued leverage expansion could constrain financial flexibility and increase refinancing risk if market conditions tighten.
⚠ Other profitability metrics (OpMargin, NPM, ROE, ROA, ROIC) unavailable; cannot assess whether higher leverage is funding profitable growth or offsetting margin compression.
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Available Research
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Top Institutional Holders of NMR
LPL Financial LLC
$143.6M5,222,449 shFisher Asset Management, LLC
$115.6M13,163,419 shNOMURA ASSET MANAGEMENT INTERNATIONAL INC.
$110.4M4,017,655 shDONALD SMITH & CO., INC.
$107.2M12,211,249 shMORGAN STANLEY
$94.9M10,810,627 shBlackRock, Inc.
$58.3M6,636,486 shGOLDMAN SACHS GROUP INC
$49.7M5,664,585 shFMR LLC
$31.1M3,539,254 shQuantinno Capital Management LP
$28.4M3,230,633 shDIMENSIONAL FUND ADVISORS LP
$27.9M3,181,726 sh
| Fund | Value | Shares |
|---|---|---|
| LPL Financial LLC | $143.6M | 5,222,449 |
| Fisher Asset Management, LLC | $115.6M | 13,163,419 |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $110.4M | 4,017,655 |
| DONALD SMITH & CO., INC. | $107.2M | 12,211,249 |
| MORGAN STANLEY | $94.9M | 10,810,627 |
| BlackRock, Inc. | $58.3M | 6,636,486 |
| GOLDMAN SACHS GROUP INC | $49.7M | 5,664,585 |
| FMR LLC | $31.1M | 3,539,254 |
| Quantinno Capital Management LP | $28.4M | 3,230,633 |
| DIMENSIONAL FUND ADVISORS LP | $27.9M | 3,181,726 |
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Popular Research
Is NMR a good stock to buy?
13F Pro's AI-powered analysis of NOMURA HOLDINGS INC (NMR) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for NMR are available on the NMR stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. NMR is classified as a large company.
Which hedge funds own NMR?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling NMR. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of NOMURA HOLDINGS INC's investment landscape.