Toyota Motor Corporation (TM) financials

NYSE · Consumer Cyclical · Auto - Manufacturers · 390,927 employees · CEO Kenta Kon

Price: $195.71 -0.47%
Market cap: $232B
Enterprise value: ¥70T
Last report: Q1 '27 filed 2026-08-04
Next report: 2026-11-05

Revenue (TTM)¥52.6T+8.6% vs a year agoLast 4 quarters; bars = each quarter

Operating margin (TTM)7.1%-2.6 pp vs a year agoOperating income ¥3.71T

Net income (TTM)¥4.54T+6.3% vs a year agoAfter tax, incl. non-operating gains

Free cash flow (TTM)-¥1.22T-978.2% vs a year agoCapex ¥5.36T

Diluted EPS (TTM)¥3,558.60+9.3% vs a year agoSum of the last 4 quarters

Net cash-¥33.4T-48.6% vs a year agoCash + short-term investments - debt

Valuation & key figures

Market cap: $232B
Revenue: ¥52.6T
Revenue growth: +6%
Profit margin: 8.6%
P/E: 8.7×
P/S: 0.7×
EV / EBITDA: 9.5×
Free cash flow: -¥1.22T
Net income: ¥4.54T
Revenue estimate: ¥53.9T
Earnings: 2026-11-05
Dividend: $6.29

Key takeaways

Computed from the reported numbers - every statement carries the figure it rests on.

Revenue growth accelerating: 11.8% year on yearQ1 '27 revenue ¥13.7T, against an average of 6.5% over the four quarters before.
Operating margin 7.1% (TTM), -2.6 pp on a year agoOperating income grew -20.3% while revenue grew 8.6%.
37.5% of pre-tax profit is non-operatingPre-tax income ¥5.94T vs operating income ¥3.71T (TTM). Gains on equity stakes and other one-off items lift net income and EPS - operating income is the cleaner measure of the business.
Capex 10.2% of revenue (a year ago 10.3%)¥5.36T invested in the last 4 quarters (+7.1% on a year earlier). Free cash flow -¥1.22T = -26.9% of net income.
Diluted share count down 6.1% in a year1.22B diluted shares in Q1 '27, 1.3B a year earlier.
Net debt ¥33.4TCash + short-term investments ¥10.3T, debt incl. leases ¥43.7T; a year ago net debt ¥22.5T.

Last quarter: Q1 '27

Quarter ended 2026-06-30. Compared with the same quarter a year earlier and with the analyst consensus before the report.

Quarter vs a year ago

	Q1 '27	Year ago	Change
Revenue	¥13.7T	¥12.3T	+11.8%
Gross margin	18.0%	17.9%	+0.1 pp
Operating income	¥1.08T	¥1.17T	-7.6%
Operating margin	7.9%	9.5%	-1.7 pp
Net income	¥1.5T	¥841B	+77.9%
Diluted EPS	¥1,222.20	¥645.60	+89.3%
Operating cash flow	¥537B	¥1.88T	-71.4%
Capex	¥1.31T	¥1.24T	+5.0%
Free cash flow	-¥769B	¥634B	-221.4%
R&D	¥388B	¥356B	+9.1%
Stock-based compensation	¥0	¥0	–

Revenue

Where the money comes from - by business line and by region, quarter by quarter.

Revenue, operating income and growth

quarterly

Margins & cost structure

How much of each unit of revenue is left at each level - and where the costs go.

Margins

quarterly

Costs as % of revenue

quarterly

Cash flow & capital allocation

Cash generated, what it is spent on, and what reaches shareholders.

Operating cash flow, capex, free cash flow

quarterly

Uses of cash vs operating cash flow

fiscal years

Last 4 quarters

cash flow statement

Operating cash flow: ¥4.13T
Capex: -¥5.36T
Buybacks: -¥3.66T
Dividends: -¥1.24T
Acquisitions: ¥0
Net debt issued: ¥1.06T
Stock-based compensation: ¥0
Free cash flow: -¥1.22T
Returned to shareholders / FCF: -400.3%

Share count and EPS

quarterly, diluted

Balance sheet

Liquidity, investments and debt at each quarter end.

Cash, investments and debt

quarter ends

Valuation & returns

Today's multiples against the company's own last five fiscal years; analyst targets and ratings.

Multiples and returns

TTM vs 5 fiscal years

	Now	5y average	Where today sits in the 5-year range
P/E (TTM)	8.7×	9.8×	7.4× – 10.7×
EV / EBITDA	9.5×	8.4×	7.4× – 9.5×
EV / Sales	1.3×	1.5×	1.3× – 1.7×
Price / FCF	-43.2×	237.4× 1 of 5 years	237.4× – 237.4×
Price / Book	1.0×	1.1×	0.9× – 1.4×
FCF yield	-2.3%	-1.8%	-4.5% – 0.4%
Return on invested capital	3.3%	3.9%	3.0% – 5.1%
Return on equity	11.7%	11.4%	8.7% – 14.4%

Analysts

Consensus target $179.41 (-8.3%)
range $179.41 – $179.41 · rating Hold

Strong buy0

Buy6

Hold10

Sell0

Strong sell0

Outlook

Analyst consensus for the coming fiscal years and what it implies at today's price.

Consensus estimates

Fiscal year	Revenue	Growth	EPS	Growth	P/E at today's price	Analysts (EPS)
FY2027	¥53.9T	+6.4%	¥3,159.90	+1.0%	–	2
FY2028	¥55.9T	+3.6%	¥3,490.19	+10.5%	–	2
FY2029	¥57.6T	+3.1%	¥3,813.85	+9.3%	–	1
FY2030	¥59.6T	+3.4%	¥4,073.27	+6.8%	–	1
FY2031	¥61.8T	+3.8%	¥4,781.62	+17.4%	–	1

Financial statements

Every line of the income statement, balance sheet and cash flow statement - 12 quarters and 10 fiscal years, as values, as % of revenue or as growth.

Income statementRevenue, costs, operating income, net income and EPSOpen Balance sheetCash, investments, assets, debt, liabilities and equityOpen Cash flowOperating cash flow, capex, free cash flow, buybacks and dividendsOpen

Sources

Statements, segment revenue, metrics and estimates: Financial Modeling Prep.

Data as of 2026-11-01 · Amounts in JPY as reported; price and market cap in USD.