Toyota Motor Corporation (TM) 10-Year Financial Performance & Capital Metrics

TM •

Consumer CyclicalAuto ManufacturersGlobal mass-market automakers

AboutToyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories. It operates in Automotive, Financial Services, and All Other segments. The company offers hybrid cars under the Prius name, fuel cell vehicles under the MIRAI name; and conventional engine vehicles, including subcompact and compact cars under the Corolla and Raize names. It also provides mini-vehicles, passenger vehicles, commercial vehicles, and auto parts under the Toyota name; mid-size cars; luxury cars; sports cars under the GR Yaris, Corolla Sport, Corolla Cross, and Supra names; and recreational and sport-utility vehicles under the Highlander name. In addition, the company offers pickup trucks under the Tacoma name; minivans; and trucks and buses. Further, it provides financial services, such as retail financing and leasing, wholesale financing, insurance, and credit cards; and designs, manufactures, and sells prefabricated housing. Additionally, the company operates GAZOO.com, a web portal for automobile information. It operates in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, and the Middle East. The company was founded in 1933 and is headquartered in Toyota, Japan.Show more

Revenue $48036.7B +6.5%
EBITDA $7046.82B -5.3%
Net Income $4765.09B -3.6%
EPS (Diluted) 3595.60 -1.7%
Gross Margin 19.94% -4.0%
EBITDA Margin 14.67% -11.1%
Operating Margin 9.98% -15.9%
Net Margin 9.92% -9.5%
ROE 13.21% -13.8%
ROIC 5.57% -21.2%
Debt/Equity 1.05 +1.4%
Interest Coverage 57.02 -31.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 18.5%
✓Healthy dividend yield of 2.3%
✓Share count reduced 3.0% through buybacks
✓Trading near 52-week high
✓Trading at only 1.3x book value

✗Weaknesses

✗Negative free cash flow

Price & Volume

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Growth Metrics

Revenue CAGR

10Y5.84%

5Y9.97%

3Y15.25%

TTM6.44%

Profit (Net Income) CAGR

10Y8.17%

5Y18.54%

3Y18.69%

TTM8.65%

EPS CAGR

10Y10.09%

5Y20.08%

3Y20.55%

TTM11.75%

ROCE

10Y Avg8.35%

5Y Avg7.8%

3Y Avg7.65%

Latest7.67%

Peer Comparison

Global mass-market automakers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GMGeneral Motors Company	71.15B	78.71	24.07	-1.29%	1.79%	5.24%	15.56%	2.06
TMToyota Motor Corporation	315.9B	242.38	10.53	6.52%	9.38%	12.04%		1.05
HMCHonda Motor Co., Ltd.	39.13B	30.16	8.77	6.17%	2.32%	3.88%		0.35
STLAStellantis N.V.	23.37B	8.09	3.73	-17.23%	3.38%	14.83%		0.45
FFord Motor Company	55.23B	14.10	-6.84	1.23%	2.48%	9.92%	38.53%	4.54

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	28.4T	27.6T	29.38T	30.23T	29.87T	27.21T	31.38T	37.15T	45.1T	48.04T
Revenue Growth %	4.29%	-2.84%	6.46%	2.88%	-1.19%	-8.88%	15.3%	18.4%	21.37%	6.52%
Cost of Goods Sold+	22.61T	22.73T	23.89T	24.78T	24.49T	22.38T	25.41T	30.84T	35.73T	38.46T
COGS % of Revenue	79.59%	82.38%	81.31%	81.99%	81.98%	82.24%	80.97%	83.01%	79.23%	80.06%
Gross Profit+	5.8T	4.86T	5.49T	5.44T	5.38T	4.83T	5.97T	6.31T	9.37T	9.58T
Gross Margin %	20.41%	17.62%	18.69%	18.01%	18.02%	17.76%	19.03%	16.99%	20.77%	19.94%
Gross Profit Growth %	7.51%	-16.12%	12.9%	-0.85%	-1.15%	-10.2%	23.58%	5.72%	48.4%	2.24%
Operating Expenses+	2.94T	2.87T	3.09T	2.98T	2.98T	2.63T	2.98T	3.59T	4.02T	4.78T
OpEx % of Revenue	10.36%	10.39%	10.52%	9.85%	9.98%	9.68%	9.48%	9.66%	8.9%	9.96%
Selling, General & Admin	2.94T	2.87T	3.09T	2.98T	2.98T	2.63T	2.98T	3.59T	4.02T	4.78T
SG&A % of Revenue	10.36%	10.39%	10.52%	9.85%	9.98%	9.68%	9.48%	9.66%	8.9%	9.96%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	-1M	0	-1M	1M	1M	0
Operating Income+	2.85T	1.99T	2.4T	2.47T	2.4T	2.2T	3T	2.73T	5.35T	4.8T
Operating Margin %	10.05%	7.23%	8.17%	8.16%	8.03%	8.08%	9.55%	7.33%	11.87%	9.98%
Operating Income Growth %	3.76%	-30.12%	20.33%	2.82%	-2.77%	-8.4%	36.31%	-9.04%	96.44%	-10.41%
EBITDA+	4.48T	3.61T	4.13T	4.26T	3.84T	3.84T	4.82T	4.76T	7.44T	7.05T
EBITDA Margin %	15.77%	13.06%	14.07%	14.09%	12.87%	14.12%	15.35%	12.82%	16.5%	14.67%
EBITDA Growth %	7.7%	-19.52%	14.66%	3.05%	-9.74%	-0.07%	25.39%	-1.09%	56.14%	-5.28%
D&A (Non-Cash Add-back)	1.63T	1.61T	1.73T	1.79T	1.45T	1.64T	1.82T	2.04T	2.09T	2.25T
EBIT	3.02T	2.22T	2.65T	2.31T	2.4T	2.97T	4.02T	3.72T	7.03T	6.5T
Net Interest Income+	122.46B	129.63B	151.96B	197.42B	74.19B	60.5B	69.05B	186.75B	389.95B	280.52B
Interest Income	157.86B	158.98B	179.54B	225.5B	121.03B	110.03B	101.51B	234.1B	454.69B	364.63B
Interest Expense	35.4B	29.35B	27.59B	28.08B	46.85B	49.53B	32.46B	47.36B	64.73B	84.11B
Other Income/Expense	458.51B	561.51B	690.65B	177.99B	393.71B	734.61B	994.84B	943.71B	1.61T	1.62T
Pretax Income+	3.31T	2.56T	3.09T	2.65T	2.79T	2.93T	3.99T	3.67T	6.97T	6.41T
Pretax Margin %	11.66%	9.26%	10.52%	8.75%	9.35%	10.77%	12.72%	9.87%	15.45%	13.35%
Income Tax+	878.27B	628.9B	504.41B	659.94B	681.82B	649.98B	1.12T	1.18T	1.89T	1.62T
Effective Tax Rate %	69.82%	71.64%	80.7%	71.17%	72.9%	76.57%	71.42%	66.82%	71%	74.29%
Net Income+	2.31T	1.83T	2.49T	1.88T	2.04T	2.25T	2.85T	2.45T	4.94T	4.77T
Net Margin %	8.14%	6.64%	8.49%	6.23%	6.82%	8.25%	9.08%	6.6%	10.97%	9.92%
Net Income Growth %	6.41%	-20.82%	36.2%	-24.5%	8.14%	10.27%	26.94%	-13.99%	101.73%	-3.64%
Net Income (Continuing)	2.43T	1.93T	2.59T	1.99T	2.11T	2.28T	2.87T	2.49T	5.07T	4.79T
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	861.47B	668.26B	694.12B	718.99B	6.67B	908.85B	908.85B	925.51B	1.02T	954.09B
EPS (Diluted)+	1470.70	1198.40	1665.60	1290.20	1440.20	1589.30	2052.30	1794.70	3659.40	3595.60
EPS Growth %	6.94%	-18.52%	38.99%	-22.54%	11.63%	10.35%	29.13%	-12.55%	103.9%	-1.74%
EPS (Basic)	1482.70	1210.90	1692.30	1311.40	1454.90	1606.50	2052.30	1794.70	3659.40	3595.60
Diluted Shares Outstanding	1.57B	1.53B	1.5B	1.46B	1.42B	1.42B	1.39B	1.37B	1.35B	1.31B
Basic Shares Outstanding	1.56B	1.5B	1.47B	1.44B	1.4B	1.4B	1.39B	1.37B	1.35B	1.31B
Dividend Payout Ratio	30.53%	34.85%	25.14%	34.25%	30.39%	0.26%	24.91%	29.7%	17.8%	23.76%

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	18.21T	17.83T	18.15T	18.88T	175.66B	23.72T	23.72T	26.46T	34.71T	37.08T
Cash & Short-Term Investments	5.48T	5.9T	5.72T	6.24T	37.96B	8.62T	8.62T	9.23T	14.11T	15.92T
Cash Only	2.94T	3T	3.05T	3.57T	25.61B	6.11T	6.11T	7.52T	9.41T	8.98T
Short-Term Investments	2.54T	2.9T	2.67T	2.25T	12.35B	2.51T	2.51T	1.72T	4.7T	6.94T
Accounts Receivable	8.36T	8.75T	9.06T	9.7T	88.07B	10.49T	10.49T	12.08T	14.96T	15.35T
Days Sales Outstanding	107.49	115.72	112.52	117.09	1.08	140.67	122	118.72	121.11	116.63
Inventory	2.06T	2.39T	2.54T	2.73T	23.47B	3.82T	3.82T	4.26T	4.61T	4.6T
Days Inventory Outstanding	33.29	38.35	38.81	40.22	0.35	62.32	54.9	50.36	47.05	43.64
Other Current Assets	967.61B	0	248.87B	8.16T	26.15B	791.95B	791.95B	886.88B	1.03T	1.21T
Total Non-Current Assets+	29.22T	30.92T	32.16T	33.06T	324.29B	43.97T	43.97T	47.84T	55.4T	56.52T
Property, Plant & Equipment	9.74T	10.2T	10.27T	10.69T	100.7B	12.78T	12.78T	13.13T	14.79T	15.92T
Fixed Asset Turnover	2.92x	2.71x	2.86x	2.83x	296.58x	2.13x	2.46x	2.83x	3.05x	3.02x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	9.27B	1.19T	1.19T	1.25T	1.36T	1.36T
Long-Term Investments	10.07T	10.53T	11.16T	10.79T	209.5B	14.36T	14.36T	15.78T	17.1T	15.68T
Other Non-Current Assets	9.41T	10.19T	10.73T	11.58T	1.8B	15.3T	15.3T	17.3T	21.65T	23.04T
Total Assets+	47.43T	48.75T	50.31T	51.94T	499.95B	67.69T	67.69T	74.3T	90.11T	93.6T
Asset Turnover	0.60x	0.57x	0.58x	0.58x	59.74x	0.40x	0.46x	0.50x	0.50x	0.51x
Asset Growth %	-0.63%	2.79%	3.2%	3.24%	-99.04%	13439.04%	0%	9.77%	21.28%	3.87%
Total Current Liabilities+	16.12T	17.32T	17.8T	18.23T	168.05B	21.84T	21.84T	23.96T	29.18T	29.43T
Accounts Payable	2.39T	2.57T	2.59T	2.67T	21.81B	3.17T	3.17T	3.82T	3.83T	4.03T
Days Payables Outstanding	38.58	41.2	39.52	39.39	0.33	51.66	45.51	45.2	39.11	38.29
Short-Term Debt	8.52T	9.24T	9.34T	9.6T	91.77B	11.13T	11.13T	12.24T	15.33T	15.74T
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	1.1T	1.21T	1.25T	3.25T	52.51B	4.01T	4.01T	4.71T	5.43T	5.74T
Current Ratio	1.13x	1.03x	1.02x	1.04x	1.05x	1.09x	1.09x	1.10x	1.19x	1.26x
Quick Ratio	1.00x	0.89x	0.88x	0.89x	0.91x	0.91x	0.91x	0.93x	1.03x	1.10x
Cash Conversion Cycle	102.19	112.87	111.81	117.93	1.1	151.32	131.38	123.88	129.06	121.98
Total Non-Current Liabilities+	13.69T	13.25T	13.08T	14.28T	134.23B	18.69T	18.69T	21.08T	25.7T	27.29T
Long-Term Debt	9.77T	9.91T	10.01T	11.04T	103.45B	14.94T	14.94T	16.69T	20.77T	22.52T
Capital Lease Obligations	0	0	0	306.4B	2.84B	364.79B	364.79B	389.25B	389.11B	441.2B
Deferred Tax Liabilities	2.05T	1.42T	1.12T	1.23T	11.1B	1.35T	1.35T	1.8T	2.22T	1.66T
Other Non-Current Liabilities	491.89B	521.88B	533.56B	1.71T	16.84B	2.03T	2.03T	2.2T	2.32T	2.67T
Total Liabilities	29.82T	30.57T	30.88T	31.87T	302.29B	40.53T	40.53T	45.04T	54.87T	56.72T
Total Debt+	18.29T	19.16T	19.35T	20.15T	198.06B	26.5T	26.5T	29.38T	36.56T	38.79T
Net Debt	15.35T	16.16T	16.3T	16.58T	172.45B	20.38T	20.38T	21.86T	27.15T	29.81T
Debt / Equity	1.04x	1.05x	1.00x	1.00x	1.00x	0.98x	0.98x	1.00x	1.04x	1.05x
Debt / EBITDA	4.08x	5.31x	4.68x	4.73x	0.05x	6.90x	5.50x	6.17x	4.91x	5.51x
Net Debt / EBITDA	3.43x	4.48x	3.94x	3.89x	0.04x	5.31x	4.23x	4.59x	3.65x	4.23x
Interest Coverage	80.61x	67.94x	87.00x	87.88x	51.21x	44.37x	92.29x	57.54x	82.69x	57.02x
Total Equity+	17.61T	18.18T	19.43T	20.07T	197.67B	27.15T	27.15T	29.26T	35.24T	36.88T
Equity Growth %	-0.22%	3.26%	6.86%	3.28%	-99.02%	13637.74%	0%	7.77%	20.42%	4.65%
Book Value per Share	11197.90	11900.60	12976.04	13750.86	138.91	19114.85	19553.20	21425.83	26078.39	28123.49
Total Shareholders' Equity	16.75T	17.51T	18.74T	19.91T	191B	26.25T	26.25T	28.34T	34.22T	35.92T
Common Stock	397.05B	397.05B	397.05B	397.05B	3.68B	397.05B	397.05B	397.05B	397.05B	397.05B
Retained Earnings	16.79T	17.6T	19.47T	20.61T	205.96B	26.45T	26.45T	28.34T	32.8T	35.84T
Treasury Stock	-1.6T	-1.61T	-2.06T	-2.61T	-28.6B	-3.31T	-3.31T	-3.74T	-3.97T	-4.42T
Accumulated OCI	610.77B	640.92B	435.7B	-916.65B	2.42B	0	0	0	0	3.61T
Minority Interest	861.47B	668.26B	694.12B	718.99B	6.67B	908.85B	908.85B	925.51B	1.02T	954.09B

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	4.46T	3.57T	4.21T	3.77T	2.4T	25.71B	3.72T	2.96T	4.21T	3.7T
Operating CF Margin %	15.71%	12.93%	14.33%	12.46%	8.03%	0.09%	11.86%	7.95%	9.33%	7.7%
Operating CF Growth %	21.03%	-20%	17.98%	-10.53%	-36.32%	-98.93%	14376.99%	-20.62%	42.34%	-12.11%
Net Income	2.43T	1.93T	2.59T	1.99T	2.11T	21.17B	2.87T	2.49T	4.94T	4.79T
Depreciation & Amortization	1.63T	1.61T	1.73T	1.79T	1.6T	15.5B	1.82T	2.04T	2.09T	2.25T
Stock-Based Compensation	0	0	0	0	0	0	772M	808M	1.86B	0
Deferred Taxes	32.89B	-53.3B	-237.96B	-86.59B	681.82B	0	1.12T	1.18T	1.89T	1.62T
Other Non-Cash Items	0	-134.89B	-353.59B	127.02B	-670.26B	-931.82M	-959.9B	-1.25T	-745.32B	-2.15T
Working Capital Changes	486.32B	261.32B	481.42B	-51.79B	-1.32T	-10.03B	-1.13T	-1.5T	-3.98T	-2.82T
Change in Receivables	-25.18B	-264.78B	-105.44B	-246.84B	-957.15B	-11.68B	118.65B	-532.43B	-4.26T	-2.33T
Change in Inventory	-68.91B	-246.33B	-171.15B	-166.9B	-163.11B	-2.29B	-725.28B	-350.55B	-207.53B	-70.65B
Change in Payables	120.38B	145.96B	46.65B	94.89B	-76.41B	3.62B	152.4B	712.4B	560.74B	0
Cash from Investing+	-3.18T	-2.97T	-3.66T	-2.7T	-2.12T	-44.17B	-577.5B	-1.6T	-5T	-4.19T
Capital Expenditures	-4.06T	-3.54T	-3.6T	-3.74T	-3.44T	-35.53B	-3.83T	-3.71T	-4.71T	-4.9T
CapEx % of Revenue	14.29%	12.83%	12.25%	12.37%	11.52%	0.13%	12.21%	9.97%	10.45%	10.21%
Acquisitions	1.15T	44.27B	-576M	5.01B	-14.76B	13.32B	1.58T	1.72T	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-433.42B	570.8B	270.89B	425B	1.36T	-15.66B	1.9T	207.83B	436.77B	929.97B
Cash from Financing+	-423.57B	-375.17B	-449.13B	-540.84B	362.81B	25.83B	-2.47T	-56.18B	2.5T	197.24B
Debt Issued (Net)	658.77B	1.03T	689.34B	722.97B	1.51T	30.19B	-1.3T	1.16T	3.71T	2.58T
Equity Issued (Net)	-1000K	-1000K	-1000K	-1000K	-1000K	1000K	-1000K	-1000K	-1000K	-1000K
Dividends Paid	-705.95B	-638.17B	-626.89B	-644.81B	-618.8B	-5.9B	-709.87B	-727.98B	-880.2B	-1.13T
Share Repurchases	-778.17B	-703.99B	-447.82B	-549.64B	-476.13B	0	-404.72B	-431.1B	-231.07B	-1.18T
Other Financing	401.79B	-63.94B	-63.76B	-69.37B	-54.95B	-345.08M	-51.72B	-60.67B	-97.94B	-76.39B
Net Change in Cash	654.87B	209.9B	57.19B	486.88B	495.64B	4.67B	1.01T	1.4T	1.9T	-429.66B
Free Cash Flow+	401.64B	-127.2B	611.3B	27.71B	-1.35T	-7.19B	-107.63B	-750.76B	-842.02B	-1.56T
FCF Margin %	1.41%	-0.46%	2.08%	0.09%	-4.51%	-0.03%	-0.34%	-2.02%	-1.87%	-3.25%
FCF Growth %	22.38%	-131.67%	580.58%	-95.47%	-4964.96%	99.47%	-1397.35%	-597.54%	-12.16%	-85.39%
FCF per Share	255.42	-83.25	408.25	18.99	-947.34	-5.06	-77.50	-549.67	-623.13	-1190.40
FCF Conversion (FCF/Net Income)	1.93x	1.95x	1.69x	2.00x	1.18x	0.01x	1.31x	1.21x	0.85x	0.78x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	13.12%	10.23%	13.26%	9.53%	20.1%	16.42%	10.5%	8.69%	15.33%	13.21%
Return on Invested Capital (ROIC)	6.36%	4.44%	5.14%	5.11%	9.72%	6.88%	4.73%	4.14%	7.07%	5.57%
Gross Margin	20.41%	17.62%	18.69%	18.01%	18.02%	17.76%	19.03%	16.99%	20.77%	19.94%
Net Margin	8.14%	6.64%	8.49%	6.23%	6.82%	8.25%	9.08%	6.6%	10.97%	9.92%
Debt / Equity	1.04x	1.05x	1.00x	1.00x	1.00x	0.98x	0.98x	1.00x	1.04x	1.05x
Interest Coverage	80.61x	67.94x	87.00x	87.88x	51.21x	44.37x	92.29x	57.54x	82.69x	57.02x
FCF Conversion	1.93x	1.95x	1.69x	2.00x	1.18x	0.01x	1.31x	1.21x	0.85x	0.78x
Revenue Growth	4.29%	-2.84%	6.46%	2.88%	-1.19%	-8.88%	15.3%	18.4%	21.37%	6.52%

US Stock Screener

...

Toyota Motor Corporation (TM) 10-Year Financial Performance & Capital Metrics

TM •

Consumer CyclicalAuto ManufacturersGlobal mass-market automakers

Revenue $48036.7B +6.5%
EBITDA $7046.82B -5.3%
Net Income $4765.09B -3.6%
EPS (Diluted) 3595.60 -1.7%
Gross Margin 19.94% -4.0%
EBITDA Margin 14.67% -11.1%
Operating Margin 9.98% -15.9%
Net Margin 9.92% -9.5%
ROE 13.21% -13.8%
ROIC 5.57% -21.2%
Debt/Equity 1.05 +1.4%
Interest Coverage 57.02 -31.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Strong 5Y profit CAGR of 18.5%
✓Healthy dividend yield of 2.3%
✓Share count reduced 3.0% through buybacks
✓Trading near 52-week high
✓Trading at only 1.3x book value

✗Weaknesses

✗Negative free cash flow

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y5.84%

5Y9.97%

3Y15.25%

TTM6.44%

Profit (Net Income) CAGR

10Y8.17%

5Y18.54%

3Y18.69%

TTM8.65%

EPS CAGR

10Y10.09%

5Y20.08%

3Y20.55%

TTM11.75%

ROCE

10Y Avg8.35%

5Y Avg7.8%

3Y Avg7.65%

Latest7.67%

Peer Comparison

Global mass-market automakers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GMGeneral Motors Company	71.15B	78.71	24.07	-1.29%	1.79%	5.24%	15.56%	2.06
TMToyota Motor Corporation	315.9B	242.38	10.53	6.52%	9.38%	12.04%		1.05
HMCHonda Motor Co., Ltd.	39.13B	30.16	8.77	6.17%	2.32%	3.88%		0.35
STLAStellantis N.V.	23.37B	8.09	3.73	-17.23%	3.38%	14.83%		0.45
FFord Motor Company	55.23B	14.10	-6.84	1.23%	2.48%	9.92%	38.53%	4.54

Profit & Loss

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales/Revenue+	28.4T	27.6T	29.38T	30.23T	29.87T	27.21T	31.38T	37.15T	45.1T	48.04T
Revenue Growth %	4.29%	-2.84%	6.46%	2.88%	-1.19%	-8.88%	15.3%	18.4%	21.37%	6.52%
Cost of Goods Sold+	22.61T	22.73T	23.89T	24.78T	24.49T	22.38T	25.41T	30.84T	35.73T	38.46T
COGS % of Revenue	79.59%	82.38%	81.31%	81.99%	81.98%	82.24%	80.97%	83.01%	79.23%	80.06%
Gross Profit+	5.8T	4.86T	5.49T	5.44T	5.38T	4.83T	5.97T	6.31T	9.37T	9.58T
Gross Margin %	20.41%	17.62%	18.69%	18.01%	18.02%	17.76%	19.03%	16.99%	20.77%	19.94%
Gross Profit Growth %	7.51%	-16.12%	12.9%	-0.85%	-1.15%	-10.2%	23.58%	5.72%	48.4%	2.24%
Operating Expenses+	2.94T	2.87T	3.09T	2.98T	2.98T	2.63T	2.98T	3.59T	4.02T	4.78T
OpEx % of Revenue	10.36%	10.39%	10.52%	9.85%	9.98%	9.68%	9.48%	9.66%	8.9%	9.96%
Selling, General & Admin	2.94T	2.87T	3.09T	2.98T	2.98T	2.63T	2.98T	3.59T	4.02T	4.78T
SG&A % of Revenue	10.36%	10.39%	10.52%	9.85%	9.98%	9.68%	9.48%	9.66%	8.9%	9.96%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	0	0	0	0	-1M	0	-1M	1M	1M	0
Operating Income+	2.85T	1.99T	2.4T	2.47T	2.4T	2.2T	3T	2.73T	5.35T	4.8T
Operating Margin %	10.05%	7.23%	8.17%	8.16%	8.03%	8.08%	9.55%	7.33%	11.87%	9.98%
Operating Income Growth %	3.76%	-30.12%	20.33%	2.82%	-2.77%	-8.4%	36.31%	-9.04%	96.44%	-10.41%
EBITDA+	4.48T	3.61T	4.13T	4.26T	3.84T	3.84T	4.82T	4.76T	7.44T	7.05T
EBITDA Margin %	15.77%	13.06%	14.07%	14.09%	12.87%	14.12%	15.35%	12.82%	16.5%	14.67%
EBITDA Growth %	7.7%	-19.52%	14.66%	3.05%	-9.74%	-0.07%	25.39%	-1.09%	56.14%	-5.28%
D&A (Non-Cash Add-back)	1.63T	1.61T	1.73T	1.79T	1.45T	1.64T	1.82T	2.04T	2.09T	2.25T
EBIT	3.02T	2.22T	2.65T	2.31T	2.4T	2.97T	4.02T	3.72T	7.03T	6.5T
Net Interest Income+	122.46B	129.63B	151.96B	197.42B	74.19B	60.5B	69.05B	186.75B	389.95B	280.52B
Interest Income	157.86B	158.98B	179.54B	225.5B	121.03B	110.03B	101.51B	234.1B	454.69B	364.63B
Interest Expense	35.4B	29.35B	27.59B	28.08B	46.85B	49.53B	32.46B	47.36B	64.73B	84.11B
Other Income/Expense	458.51B	561.51B	690.65B	177.99B	393.71B	734.61B	994.84B	943.71B	1.61T	1.62T
Pretax Income+	3.31T	2.56T	3.09T	2.65T	2.79T	2.93T	3.99T	3.67T	6.97T	6.41T
Pretax Margin %	11.66%	9.26%	10.52%	8.75%	9.35%	10.77%	12.72%	9.87%	15.45%	13.35%
Income Tax+	878.27B	628.9B	504.41B	659.94B	681.82B	649.98B	1.12T	1.18T	1.89T	1.62T
Effective Tax Rate %	69.82%	71.64%	80.7%	71.17%	72.9%	76.57%	71.42%	66.82%	71%	74.29%
Net Income+	2.31T	1.83T	2.49T	1.88T	2.04T	2.25T	2.85T	2.45T	4.94T	4.77T
Net Margin %	8.14%	6.64%	8.49%	6.23%	6.82%	8.25%	9.08%	6.6%	10.97%	9.92%
Net Income Growth %	6.41%	-20.82%	36.2%	-24.5%	8.14%	10.27%	26.94%	-13.99%	101.73%	-3.64%
Net Income (Continuing)	2.43T	1.93T	2.59T	1.99T	2.11T	2.28T	2.87T	2.49T	5.07T	4.79T
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	861.47B	668.26B	694.12B	718.99B	6.67B	908.85B	908.85B	925.51B	1.02T	954.09B
EPS (Diluted)+	1470.70	1198.40	1665.60	1290.20	1440.20	1589.30	2052.30	1794.70	3659.40	3595.60
EPS Growth %	6.94%	-18.52%	38.99%	-22.54%	11.63%	10.35%	29.13%	-12.55%	103.9%	-1.74%
EPS (Basic)	1482.70	1210.90	1692.30	1311.40	1454.90	1606.50	2052.30	1794.70	3659.40	3595.60
Diluted Shares Outstanding	1.57B	1.53B	1.5B	1.46B	1.42B	1.42B	1.39B	1.37B	1.35B	1.31B
Basic Shares Outstanding	1.56B	1.5B	1.47B	1.44B	1.4B	1.4B	1.39B	1.37B	1.35B	1.31B
Dividend Payout Ratio	30.53%	34.85%	25.14%	34.25%	30.39%	0.26%	24.91%	29.7%	17.8%	23.76%

Balance Sheet

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Total Current Assets+	18.21T	17.83T	18.15T	18.88T	175.66B	23.72T	23.72T	26.46T	34.71T	37.08T
Cash & Short-Term Investments	5.48T	5.9T	5.72T	6.24T	37.96B	8.62T	8.62T	9.23T	14.11T	15.92T
Cash Only	2.94T	3T	3.05T	3.57T	25.61B	6.11T	6.11T	7.52T	9.41T	8.98T
Short-Term Investments	2.54T	2.9T	2.67T	2.25T	12.35B	2.51T	2.51T	1.72T	4.7T	6.94T
Accounts Receivable	8.36T	8.75T	9.06T	9.7T	88.07B	10.49T	10.49T	12.08T	14.96T	15.35T
Days Sales Outstanding	107.49	115.72	112.52	117.09	1.08	140.67	122	118.72	121.11	116.63
Inventory	2.06T	2.39T	2.54T	2.73T	23.47B	3.82T	3.82T	4.26T	4.61T	4.6T
Days Inventory Outstanding	33.29	38.35	38.81	40.22	0.35	62.32	54.9	50.36	47.05	43.64
Other Current Assets	967.61B	0	248.87B	8.16T	26.15B	791.95B	791.95B	886.88B	1.03T	1.21T
Total Non-Current Assets+	29.22T	30.92T	32.16T	33.06T	324.29B	43.97T	43.97T	47.84T	55.4T	56.52T
Property, Plant & Equipment	9.74T	10.2T	10.27T	10.69T	100.7B	12.78T	12.78T	13.13T	14.79T	15.92T
Fixed Asset Turnover	2.92x	2.71x	2.86x	2.83x	296.58x	2.13x	2.46x	2.83x	3.05x	3.02x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	0	0	0	0	9.27B	1.19T	1.19T	1.25T	1.36T	1.36T
Long-Term Investments	10.07T	10.53T	11.16T	10.79T	209.5B	14.36T	14.36T	15.78T	17.1T	15.68T
Other Non-Current Assets	9.41T	10.19T	10.73T	11.58T	1.8B	15.3T	15.3T	17.3T	21.65T	23.04T
Total Assets+	47.43T	48.75T	50.31T	51.94T	499.95B	67.69T	67.69T	74.3T	90.11T	93.6T
Asset Turnover	0.60x	0.57x	0.58x	0.58x	59.74x	0.40x	0.46x	0.50x	0.50x	0.51x
Asset Growth %	-0.63%	2.79%	3.2%	3.24%	-99.04%	13439.04%	0%	9.77%	21.28%	3.87%
Total Current Liabilities+	16.12T	17.32T	17.8T	18.23T	168.05B	21.84T	21.84T	23.96T	29.18T	29.43T
Accounts Payable	2.39T	2.57T	2.59T	2.67T	21.81B	3.17T	3.17T	3.82T	3.83T	4.03T
Days Payables Outstanding	38.58	41.2	39.52	39.39	0.33	51.66	45.51	45.2	39.11	38.29
Short-Term Debt	8.52T	9.24T	9.34T	9.6T	91.77B	11.13T	11.13T	12.24T	15.33T	15.74T
Deferred Revenue (Current)	0	0	0	0	0	0	0	0	0	0
Other Current Liabilities	1.1T	1.21T	1.25T	3.25T	52.51B	4.01T	4.01T	4.71T	5.43T	5.74T
Current Ratio	1.13x	1.03x	1.02x	1.04x	1.05x	1.09x	1.09x	1.10x	1.19x	1.26x
Quick Ratio	1.00x	0.89x	0.88x	0.89x	0.91x	0.91x	0.91x	0.93x	1.03x	1.10x
Cash Conversion Cycle	102.19	112.87	111.81	117.93	1.1	151.32	131.38	123.88	129.06	121.98
Total Non-Current Liabilities+	13.69T	13.25T	13.08T	14.28T	134.23B	18.69T	18.69T	21.08T	25.7T	27.29T
Long-Term Debt	9.77T	9.91T	10.01T	11.04T	103.45B	14.94T	14.94T	16.69T	20.77T	22.52T
Capital Lease Obligations	0	0	0	306.4B	2.84B	364.79B	364.79B	389.25B	389.11B	441.2B
Deferred Tax Liabilities	2.05T	1.42T	1.12T	1.23T	11.1B	1.35T	1.35T	1.8T	2.22T	1.66T
Other Non-Current Liabilities	491.89B	521.88B	533.56B	1.71T	16.84B	2.03T	2.03T	2.2T	2.32T	2.67T
Total Liabilities	29.82T	30.57T	30.88T	31.87T	302.29B	40.53T	40.53T	45.04T	54.87T	56.72T
Total Debt+	18.29T	19.16T	19.35T	20.15T	198.06B	26.5T	26.5T	29.38T	36.56T	38.79T
Net Debt	15.35T	16.16T	16.3T	16.58T	172.45B	20.38T	20.38T	21.86T	27.15T	29.81T
Debt / Equity	1.04x	1.05x	1.00x	1.00x	1.00x	0.98x	0.98x	1.00x	1.04x	1.05x
Debt / EBITDA	4.08x	5.31x	4.68x	4.73x	0.05x	6.90x	5.50x	6.17x	4.91x	5.51x
Net Debt / EBITDA	3.43x	4.48x	3.94x	3.89x	0.04x	5.31x	4.23x	4.59x	3.65x	4.23x
Interest Coverage	80.61x	67.94x	87.00x	87.88x	51.21x	44.37x	92.29x	57.54x	82.69x	57.02x
Total Equity+	17.61T	18.18T	19.43T	20.07T	197.67B	27.15T	27.15T	29.26T	35.24T	36.88T
Equity Growth %	-0.22%	3.26%	6.86%	3.28%	-99.02%	13637.74%	0%	7.77%	20.42%	4.65%
Book Value per Share	11197.90	11900.60	12976.04	13750.86	138.91	19114.85	19553.20	21425.83	26078.39	28123.49
Total Shareholders' Equity	16.75T	17.51T	18.74T	19.91T	191B	26.25T	26.25T	28.34T	34.22T	35.92T
Common Stock	397.05B	397.05B	397.05B	397.05B	3.68B	397.05B	397.05B	397.05B	397.05B	397.05B
Retained Earnings	16.79T	17.6T	19.47T	20.61T	205.96B	26.45T	26.45T	28.34T	32.8T	35.84T
Treasury Stock	-1.6T	-1.61T	-2.06T	-2.61T	-28.6B	-3.31T	-3.31T	-3.74T	-3.97T	-4.42T
Accumulated OCI	610.77B	640.92B	435.7B	-916.65B	2.42B	0	0	0	0	3.61T
Minority Interest	861.47B	668.26B	694.12B	718.99B	6.67B	908.85B	908.85B	925.51B	1.02T	954.09B

Cash Flow

	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operations+	4.46T	3.57T	4.21T	3.77T	2.4T	25.71B	3.72T	2.96T	4.21T	3.7T
Operating CF Margin %	15.71%	12.93%	14.33%	12.46%	8.03%	0.09%	11.86%	7.95%	9.33%	7.7%
Operating CF Growth %	21.03%	-20%	17.98%	-10.53%	-36.32%	-98.93%	14376.99%	-20.62%	42.34%	-12.11%
Net Income	2.43T	1.93T	2.59T	1.99T	2.11T	21.17B	2.87T	2.49T	4.94T	4.79T
Depreciation & Amortization	1.63T	1.61T	1.73T	1.79T	1.6T	15.5B	1.82T	2.04T	2.09T	2.25T
Stock-Based Compensation	0	0	0	0	0	0	772M	808M	1.86B	0
Deferred Taxes	32.89B	-53.3B	-237.96B	-86.59B	681.82B	0	1.12T	1.18T	1.89T	1.62T
Other Non-Cash Items	0	-134.89B	-353.59B	127.02B	-670.26B	-931.82M	-959.9B	-1.25T	-745.32B	-2.15T
Working Capital Changes	486.32B	261.32B	481.42B	-51.79B	-1.32T	-10.03B	-1.13T	-1.5T	-3.98T	-2.82T
Change in Receivables	-25.18B	-264.78B	-105.44B	-246.84B	-957.15B	-11.68B	118.65B	-532.43B	-4.26T	-2.33T
Change in Inventory	-68.91B	-246.33B	-171.15B	-166.9B	-163.11B	-2.29B	-725.28B	-350.55B	-207.53B	-70.65B
Change in Payables	120.38B	145.96B	46.65B	94.89B	-76.41B	3.62B	152.4B	712.4B	560.74B	0
Cash from Investing+	-3.18T	-2.97T	-3.66T	-2.7T	-2.12T	-44.17B	-577.5B	-1.6T	-5T	-4.19T
Capital Expenditures	-4.06T	-3.54T	-3.6T	-3.74T	-3.44T	-35.53B	-3.83T	-3.71T	-4.71T	-4.9T
CapEx % of Revenue	14.29%	12.83%	12.25%	12.37%	11.52%	0.13%	12.21%	9.97%	10.45%	10.21%
Acquisitions	1.15T	44.27B	-576M	5.01B	-14.76B	13.32B	1.58T	1.72T	0	0
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-433.42B	570.8B	270.89B	425B	1.36T	-15.66B	1.9T	207.83B	436.77B	929.97B
Cash from Financing+	-423.57B	-375.17B	-449.13B	-540.84B	362.81B	25.83B	-2.47T	-56.18B	2.5T	197.24B
Debt Issued (Net)	658.77B	1.03T	689.34B	722.97B	1.51T	30.19B	-1.3T	1.16T	3.71T	2.58T
Equity Issued (Net)	-1000K	-1000K	-1000K	-1000K	-1000K	1000K	-1000K	-1000K	-1000K	-1000K
Dividends Paid	-705.95B	-638.17B	-626.89B	-644.81B	-618.8B	-5.9B	-709.87B	-727.98B	-880.2B	-1.13T
Share Repurchases	-778.17B	-703.99B	-447.82B	-549.64B	-476.13B	0	-404.72B	-431.1B	-231.07B	-1.18T
Other Financing	401.79B	-63.94B	-63.76B	-69.37B	-54.95B	-345.08M	-51.72B	-60.67B	-97.94B	-76.39B
Net Change in Cash	654.87B	209.9B	57.19B	486.88B	495.64B	4.67B	1.01T	1.4T	1.9T	-429.66B
Free Cash Flow+	401.64B	-127.2B	611.3B	27.71B	-1.35T	-7.19B	-107.63B	-750.76B	-842.02B	-1.56T
FCF Margin %	1.41%	-0.46%	2.08%	0.09%	-4.51%	-0.03%	-0.34%	-2.02%	-1.87%	-3.25%
FCF Growth %	22.38%	-131.67%	580.58%	-95.47%	-4964.96%	99.47%	-1397.35%	-597.54%	-12.16%	-85.39%
FCF per Share	255.42	-83.25	408.25	18.99	-947.34	-5.06	-77.50	-549.67	-623.13	-1190.40
FCF Conversion (FCF/Net Income)	1.93x	1.95x	1.69x	2.00x	1.18x	0.01x	1.31x	1.21x	0.85x	0.78x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Return on Equity (ROE)	13.12%	10.23%	13.26%	9.53%	20.1%	16.42%	10.5%	8.69%	15.33%	13.21%
Return on Invested Capital (ROIC)	6.36%	4.44%	5.14%	5.11%	9.72%	6.88%	4.73%	4.14%	7.07%	5.57%
Gross Margin	20.41%	17.62%	18.69%	18.01%	18.02%	17.76%	19.03%	16.99%	20.77%	19.94%
Net Margin	8.14%	6.64%	8.49%	6.23%	6.82%	8.25%	9.08%	6.6%	10.97%	9.92%
Debt / Equity	1.04x	1.05x	1.00x	1.00x	1.00x	0.98x	0.98x	1.00x	1.04x	1.05x
Interest Coverage	80.61x	67.94x	87.00x	87.88x	51.21x	44.37x	92.29x	57.54x	82.69x	57.02x
FCF Conversion	1.93x	1.95x	1.69x	2.00x	1.18x	0.01x	1.31x	1.21x	0.85x	0.78x
Revenue Growth	4.29%	-2.84%	6.46%	2.88%	-1.19%	-8.88%	15.3%	18.4%	21.37%	6.52%

Toyota Motor Corporation (TM) 10-Year Financial Performance & Capital Metrics

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Growth Metrics

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Revenue History

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Toyota Motor Corporation (TM) 10-Year Financial Performance & Capital Metrics

Key Insights

✓Strengths

✗Weaknesses

Price & Volume

Growth Metrics

Revenue CAGR

Profit (Net Income) CAGR

EPS CAGR

ROCE

Peer Comparison

Compare TM vs Peers

vs GM

vs F

Compare Top 5

Profit & Loss

Balance Sheet

Cash Flow

Key Ratios

Deep Dive Analysis

Valuation Overview

Total Return Calculator

Dividend History

Earnings History

Price History

Revenue History

Financial Ratios