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OverviewPriceRevenueEarningsP/ERatiosDividendTargets

Honda Motor Co., Ltd. (HMC) Quarterly Financial Ratios

Last 48 quarters of trend data · Consumer Cyclical · Auto - Manufacturers

← View 30-Year Annual Ratios

Valuation Multiples

Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.

Honda Motor Co., Ltd.'s quarterly P/E stands at 0.1x, up 72.0% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 120.4% YoY to 6.6x, reflecting rising market expectations or slowing EBITDA growth.

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
P/E Ratio →8.770.060.090.050.350.040.130.030.060.050.050.030.16
—+72.0%-25.4%+56.3%+452.8%-26.5%+130.5%-5.1%-61.0%+25.1%+11.8%-50.0%+68.1%
P/S Ratio0.280.000.000.000.000.000.000.000.000.000.000.000.00
—-11.9%-12.5%-21.2%-27.9%-12.2%-15.8%-11.7%+9.7%+6.7%+27.7%+0.7%-18.8%
P/B Ratio0.580.000.000.000.000.000.000.000.000.000.000.000.00
—-11.0%-11.0%-15.5%-26.7%-16.9%-8.9%-7.4%+20.2%+19.8%+40.5%+13.6%-13.9%
P/FCF—0.060.09—————0.07—0.250.150.04
————————+92.1%—+1317.4%+591.9%+91.8%
EV / EBITDA3.076.62-2.32-0.04-0.063.001.252.282.612.132.522.034.17
—+120.4%-285.3%-101.7%-102.3%+40.8%-50.2%+12.1%-37.4%-10.6%-8.2%-37.4%+33.0%
EV / EBIT4.9514.25-4.58-0.05-0.153.505.732.684.253.273.292.2531.08
—+307.3%-179.9%-102.0%-103.4%+6.9%+74.4%+19.2%-86.3%+5.2%-19.5%-55.8%+552.2%

Profitability

Quarterly margins and returns. Watch for margin compression across consecutive quarters.

Honda Motor Co., Ltd.'s operating margin was 2.9% in Q3 2026, down 0.8 pp QoQ and down 4.3 pp YoY. This marks the 3rd consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. Gross margin contracted 3.3% YoY, suggesting cost inflation or competitive pricing pressure.

Margins

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Gross Margin21.5%20.6%20.4%20.1%21.2%21.3%21.3%22.1%21.2%21.8%21.9%21.6%19.5%
—-3.3%-4.5%-9.4%+0.2%-2.1%-2.5%+2.7%+8.8%+7.6%+14.4%+7.9%-5.0%
Operating Margin5.6%2.9%3.7%4.6%1.4%7.2%18.6%9.0%5.6%7.0%6.1%8.5%1.1%
—-60.0%-80.2%-49.0%-75.6%+1.9%+206.1%+5.2%+427.0%+11.5%+11.6%+47.0%-79.3%
Net Margin3.9%2.9%2.2%3.7%0.6%5.6%1.9%7.3%4.4%4.7%5.1%7.9%1.6%
—-48.8%+17.3%-49.6%-87.0%+19.5%-63.5%-7.0%+181.1%-14.7%+14.2%+101.5%-51.7%

Return on Capital

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
ROE6.5%1.2%0.9%1.6%0.2%2.4%0.8%3.0%1.9%2.0%2.0%3.1%0.6%
—-48.5%+22.1%-47.3%-87.5%+17.8%-62.6%-3.1%+214.7%-3.5%+25.3%+127.6%-50.4%
ROA2.8%0.5%0.4%0.6%0.1%1.0%0.3%1.3%0.8%0.9%0.9%1.4%0.3%
—-53.4%+12.0%-50.5%-88.2%+11.4%-64.7%-9.0%+197.1%-6.1%+25.9%+133.7%-48.3%
ROIC5.9%0.5%0.9%1.5%0.3%1.5%3.9%1.9%1.3%1.6%1.3%1.8%0.2%
—-64.2%-77.4%-23.7%-73.9%-5.6%+198.4%+4.6%+469.4%+24.9%+24.9%+73.6%-77.3%

Leverage & Debt

Quarterly solvency trend — watch for debt spikes or covenant pressure.

Honda Motor Co., Ltd.'s Debt/EBITDA ratio is 41.0x, up from 25.9x last quarter — elevated, raising questions about debt serviceability. Debt/Equity has risen for 3 consecutive quarters, indicating increasing financial leverage that investors should watch closely.

MetricTTMQ3 '26Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25Q4 '24Q3 '24Q2 '24Q1 '24Q4 '23
Debt / Equity0.351.061.050.350.350.890.830.810.780.770.740.710.66
—+19.5%+26.5%-56.6%-54.8%+15.6%+12.6%+13.5%+17.0%+10.2%+2.0%-4.7%-11.3%
Debt / EBITDA2.2641.0425.9010.4616.4720.518.8916.4320.3115.5419.0115.0732.92
—+100.1%+191.4%-36.3%-18.9%+32.0%-53.2%+9.0%-38.3%-10.0%-5.4%-32.5%+44.2%
Current Ratio1.361.361.411.361.361.381.431.371.431.451.451.441.44
—-1.7%-1.2%-1.0%-4.9%-4.4%-1.2%-4.9%-0.9%-1.7%+0.7%-1.9%-2.2%
Quick Ratio1.071.091.131.071.071.101.121.071.131.131.131.111.11
—-0.5%+0.1%-0.2%-5.6%-2.9%-0.4%-3.7%+1.7%+0.2%+2.5%-2.1%-3.4%
Interest Coverage22.1010.9112.5617.564.3630.4578.3139.671644.2631.2827.8443.62568.88
—————————————

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Includes 30+ ratios · 48 years · Updated daily

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Frequently Asked Questions

What is Honda Motor Co., Ltd.'s quarterly P/E ratio trend?

Honda Motor Co., Ltd.'s current P/E is 8.8x. The average P/E over the last 4 quarters is 0.1x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.

How do Honda Motor Co., Ltd.'s margins change by quarter?

Honda Motor Co., Ltd.'s current operating margin is 5.6%. Margins have been expanding over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.

Why look at HMC quarterly ratios instead of annual?

Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Honda Motor Co., Ltd.'s business trajectory between earnings reports.

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