28 years of historical data (1998–2025) · Financial Services · Financial - Credit Services
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
ORIX Corporation trades at 18.1x earnings, 22846% above its 5-year average of 0.1x, sitting at the 100th percentile of its historical range. Compared to the Financial Services sector median P/E of 13.8x, the stock trades at a premium of 31%. On a free-cash-flow basis, the stock trades at 5.2x P/FCF, 2459% above the 5-year average of 0.2x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $39.3B | $23.9B | $25.6B | $19.4B | $24.1B | $21.0B | $15.1B | $18.4B | $23.0B | $19.5B | $18.7B |
| Enterprise Value | $71.8B | $5.10T | $5.19T | $4.51T | $3.94T | $3.79T | $3.65T | $3.35T | $2.84T | $3.12T | $3.57T |
| P/E Ratio → | 18.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.11 | 0.05 | 0.06 | 0.07 | 0.07 | 0.07 |
| P/S Ratio | 2.13 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
| P/B Ratio | 1.52 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| P/FCF | 5.20 | 0.02 | 0.60 | — | 0.13 | 0.06 | 0.30 | — | — | — | — |
| P/OCF | 4.92 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.03 | 0.04 | 0.03 | 0.04 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
ORIX Corporation's enterprise value stands at 15.3x EBITDA, 145% above its 5-year average of 6.3x. The Financial Services sector median is 11.1x, placing the stock at a 38% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.77 | 1.85 | 2.56 | 2.41 | 2.53 | 2.55 | 2.41 | 2.06 | 2.41 | 3.05 |
| EV / EBITDA | 15.33 | 6.97 | 7.16 | 6.15 | 4.74 | 6.29 | 5.09 | 4.85 | 3.96 | 4.59 | 5.62 |
| EV / EBIT | 33.80 | 9.67 | 9.41 | 11.49 | 7.73 | 13.19 | 8.84 | 8.47 | 6.51 | 7.34 | 9.14 |
| EV / FCF | — | 4.32 | 122.11 | — | 21.15 | 11.10 | 73.63 | — | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
ORIX Corporation earns an operating margin of 11.5%, below the Financial Services sector average of 21.9%. Operating margins have compressed from 22.3% to 11.5% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 8.6% is modest, trailing the sector median of 9.1%. ROIC of 2.4% represents below-average returns on invested capital versus a sector median of 5.4%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 41.8% | 41.8% | 41.7% | 92.3% | 95.5% | 93.7% | 91.4% | 91.7% | 93.2% | 92.6% | 92.8% |
| Operating Margin | 11.5% | 11.5% | 12.8% | 22.3% | 31.2% | 19.2% | 28.8% | 28.5% | 31.7% | 32.9% | 33.4% |
| Net Profit Margin | 12.2% | 12.2% | 12.3% | 16.5% | 19.5% | 12.8% | 21.2% | 23.3% | 22.8% | 21.1% | 22.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.6% | 8.6% | 9.3% | 8.5% | 9.8% | 6.2% | 10.1% | 11.3% | 11.5% | 10.7% | 10.9% |
| ROA | 2.1% | 2.1% | 2.2% | 2.0% | 2.3% | 1.4% | 2.4% | 2.7% | 2.8% | 2.5% | 2.3% |
| ROIC | 2.4% | 2.4% | 2.8% | 3.4% | 4.8% | 2.8% | 4.1% | 4.1% | 4.8% | 4.7% | 4.3% |
| ROCE | 2.5% | 2.5% | 2.6% | 2.8% | 4.2% | 2.5% | 3.4% | 3.5% | 4.0% | 4.0% | 3.9% |
Solvency and debt-coverage ratios — lower is generally safer
ORIX Corporation carries a Debt/EBITDA ratio of 8.6x, which is highly leveraged (109% above the sector average of 4.1x). Net debt stands at $5.1T ($6.3T total debt minus $1.2T cash). Interest coverage of just 2.0x is concerning — the company has limited headroom to absorb earnings volatility before struggling with debt service.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.51 | 1.51 | 1.54 | 1.67 | 1.44 | 1.52 | 1.51 | 1.52 | 1.48 | 1.56 | 1.73 |
| Debt / EBITDA | 8.59 | 8.59 | 8.55 | 7.81 | 5.86 | 7.83 | 6.44 | 6.50 | 5.78 | 6.10 | 6.74 |
| Net Debt / Equity | — | 1.22 | 1.28 | 1.31 | 1.16 | 1.22 | 1.19 | 1.13 | 1.00 | 1.17 | 1.44 |
| Net Debt / EBITDA | 6.94 | 6.94 | 7.13 | 6.13 | 4.71 | 6.25 | 5.07 | 4.82 | 3.93 | 4.57 | 5.59 |
| Debt / FCF | — | 4.30 | 121.51 | — | 21.02 | 11.04 | 73.32 | — | — | — | — |
| Interest Coverage | 1.96 | 1.96 | 1.92 | 3.07 | 7.47 | 3.68 | 4.16 | 4.24 | 5.67 | 5.83 | 5.37 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.85x means ORIX Corporation can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 5.75x to 1.85x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.85 | 1.85 | 1.88 | 5.75 | 6.26 | 1.51 | 6.42 | 2.44 | 2.84 | 2.47 | 1.66 |
| Quick Ratio | 1.85 | 1.85 | 1.88 | 5.75 | 6.26 | 1.51 | 6.42 | 2.44 | 2.84 | 2.47 | 1.66 |
| Cash Ratio | 0.36 | 0.36 | 0.32 | 1.41 | 1.31 | 0.33 | 1.59 | 1.93 | 2.32 | 1.94 | 1.19 |
| Asset Turnover | — | 0.17 | 0.17 | 0.12 | 0.11 | 0.11 | 0.11 | 0.11 | 0.12 | 0.12 | 0.11 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
ORIX Corporation returns 2.9% to shareholders annually — split between a 2.1% dividend yield and 0.9% buyback yield. The payout ratio of 37.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 5.5% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.1% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Payout Ratio | 37.8% | 37.8% | 28.9% | 36.6% | 31.3% | 49.5% | 34.3% | 27.3% | 23.2% | 22.4% | 29.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.5% | 1470.4% | 1352.3% | 1496.0% | 1319.1% | 916.2% | 2006.5% | 1758.5% | 1358.7% | 1403.4% | 1390.2% |
| FCF Yield | 19.2% | 4935.5% | 166.2% | — | 773.3% | 1627.4% | 328.5% | — | — | — | — |
| Buyback Yield | 0.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 3.8% | 100.0% | 62.3% | 0.0% |
| Total Shareholder Yield | 2.9% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
| Shares Outstanding | — | $1.1B | $1.2B | $1.2B | $1.2B | $1.2B | $1.3B | $1.3B | $1.3B | $1.3B | $1.3B |
Compare IX with 7 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| IXYou | $39B | 18.1 | 15.3 | 5.2 | 41.8% | 11.5% | 8.6% | 2.4% | 8.6 |
| ALLY | $12B | 16.6 | 12.2 | — | 52.0% | 8.6% | 5.8% | 2.2% | 11.1 |
| CACC | $5B | 23.8 | 30.4 | 4.6 | 62.4% | 15.2% | 14.2% | 3.3% | 18.0 |
| MFIN | $298M | 6.6 | 7.1 | 2.6 | 43.6% | 21.6% | 8.4% | 6.8% | 4.2 |
| ANTA | $208M | 46.2 | 152.6 | — | 37.8% | 6.7% | 14.9% | 0.6% | 102.2 |
| CPSS | $179M | 10.3 | 113.1 | 0.8 | 52.7% | 7.0% | 6.8% | 0.7% | 111.6 |
| LPRO | $157M | -1.2 | — | 9.0 | 0.7% | -272.1% | -95.2% | -17.0% | — |
| AIHS | $14M | -3.9 | — | 27.4 | 25.1% | -114.1% | -169.2% | -108.4% | — |
| Financial Services Median | — | 13.8 | 11.1 | 11.2 | 60.2% | 21.9% | 9.1% | 5.4% | 4.1 |
Peers based on L4 peer group classification. Compare multiple stocks →
Includes 30+ ratios · 28 years · Updated daily
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Start ComparisonORIX Corporation's current P/E ratio is 18.1x. The historical average is 0.2x. This places it at the 100th percentile of its historical range.
ORIX Corporation's current EV/EBITDA is 15.3x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.7x.
ORIX Corporation's return on equity (ROE) is 8.6%. The historical average is 9.3%.
Based on historical data, ORIX Corporation is trading at a P/E of 18.1x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
ORIX Corporation's current dividend yield is 2.09% with a payout ratio of 37.8%.
ORIX Corporation has 41.8% gross margin and 11.5% operating margin. Operating margin between 10-20% is typical for established companies.
ORIX Corporation's Debt/EBITDA ratio is 8.6x, indicating high leverage. A ratio above 4x may signal elevated financial risk.