Toyota Motor Corporation ADR (TM) financial statements

Consumer Cyclical · Auto Manufacturers · Market cap $239.7B

Toyota Motor Corporation ADR reported revenue of 48.04T JPY in fiscal 2025, up 6.0% a year over 9 years.

Net income was 4.77T JPY and the operating margin 10.0%, against 10.0% in 2016.

Free cash flow was 3.34T JPY, and the company returned 1.26T JPY in dividends.

The diluted share count rose 321% over the period (dilution).

Revenue and free cash flow

Fiscal years, $ billions (JPY).

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<p style="font-size:13px">Source: <a href="https://investingly.io/stocks/TM/financials">Toyota Motor Corporation ADR financials</a> on Investingly</p>

Income statement

Fiscal years, in JPY, from Toyota Motor Corporation ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Revenue	28.40T JPY	27.60T JPY	29.38T JPY	30.23T JPY	29.87T JPY	27.21T JPY	31.38T JPY	37.15T JPY	45.10T JPY	48.04T JPY
Cost of revenue	21.46T JPY	21.54T JPY	22.60T JPY	—	—	—	—	—	—	—
Gross profit	6.95T JPY	6.05T JPY	6.78T JPY	—	—	—	—	—	—	—
Research and development	1.06T JPY	1.04T JPY	1.06T JPY	1.05T JPY	1.10T JPY	1.08T JPY	1.09T JPY	1.22T JPY	1.24T JPY	1.38T JPY
Selling, general and admin	2.94T JPY	2.87T JPY	3.09T JPY	2.98T JPY	2.98T JPY	2.63T JPY	2.98T JPY	3.59T JPY	4.02T JPY	4.78T JPY
Operating income	2.85T JPY	1.99T JPY	2.40T JPY	2.47T JPY	2.40T JPY	2.20T JPY	3.00T JPY	2.73T JPY	5.35T JPY	4.80T JPY
Interest expense	35.4B JPY	29.4B JPY	27.6B JPY	28.1B JPY	524.3B JPY	471.5B JPY	410.2B JPY	652.0B JPY	1.21T JPY	1.65T JPY
Pre-tax income	2.98T JPY	2.19T JPY	2.62T JPY	2.29T JPY	2.79T JPY	2.93T JPY	3.99T JPY	3.67T JPY	6.97T JPY	6.41T JPY
Income tax	878.3B JPY	628.9B JPY	504.4B JPY	659.9B JPY	681.8B JPY	650.0B JPY	1.12T JPY	1.18T JPY	1.89T JPY	1.62T JPY
Net income	2.31T JPY	1.83T JPY	2.49T JPY	1.88T JPY	2.04T JPY	2.25T JPY	2.85T JPY	2.45T JPY	4.94T JPY	4.77T JPY
EPS (diluted)	735.36 JPY	599.22 JPY	832.78 JPY	645.11 JPY	144.02 JPY	158.93 JPY	205.23 JPY	179.47 JPY	365.94 JPY	359.56 JPY
Diluted shares	3.14B	3.06B	2.99B	2.92B	13.99B	13.98B	13.89B	13.66B	13.51B	13.25B
Gross margin	24.5%	21.9%	23.1%	—	—	—	—	—	—	—
Operating margin	10.0%	7.2%	8.2%	8.2%	8.0%	8.1%	9.5%	7.3%	11.9%	10.0%
Net margin	8.1%	6.6%	8.5%	6.2%	6.8%	8.3%	9.1%	6.6%	11.0%	9.9%

Balance sheet

Fiscal years, in JPY, from Toyota Motor Corporation ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Cash and short-term investments	4.45T JPY	4.82T JPY	4.82T JPY	4.70T JPY	4.10T JPY	5.10T JPY	6.11T JPY	7.52T JPY	9.41T JPY	8.98T JPY
Receivables	—	—	—	—	2.65T JPY	2.96T JPY	3.14T JPY	3.59T JPY	3.79T JPY	3.68T JPY
Inventory	2.06T JPY	2.39T JPY	2.54T JPY	2.66T JPY	2.53T JPY	2.89T JPY	3.82T JPY	4.26T JPY	4.61T JPY	4.60T JPY
Total current assets	18.21T JPY	17.83T JPY	18.15T JPY	18.88T JPY	18.96T JPY	22.78T JPY	23.72T JPY	26.46T JPY	34.71T JPY	37.08T JPY
Property, plant and equipment	9.74T JPY	10.20T JPY	10.27T JPY	10.69T JPY	10.53T JPY	11.41T JPY	12.33T JPY	12.63T JPY	14.26T JPY	15.33T JPY
Total assets	47.43T JPY	48.75T JPY	50.31T JPY	51.94T JPY	53.97T JPY	62.27T JPY	67.69T JPY	74.30T JPY	90.11T JPY	93.60T JPY
Total current liabilities	16.12T JPY	17.32T JPY	17.80T JPY	18.23T JPY	18.14T JPY	21.46T JPY	21.84T JPY	23.96T JPY	29.18T JPY	29.43T JPY
Long-term debt	9.77T JPY	9.91T JPY	10.01T JPY	10.55T JPY	11.43T JPY	13.45T JPY	15.31T JPY	17.07T JPY	21.16T JPY	22.96T JPY
Total liabilities	29.34T JPY	30.08T JPY	30.39T JPY	31.37T JPY	32.63T JPY	37.98T JPY	40.53T JPY	45.04T JPY	54.87T JPY	56.72T JPY
Shareholders' equity	16.75T JPY	17.51T JPY	18.74T JPY	19.35T JPY	20.62T JPY	23.40T JPY	26.25T JPY	28.34T JPY	34.22T JPY	35.92T JPY
Net debt	6.83T JPY	6.92T JPY	6.95T JPY	6.98T JPY	17.24T JPY	20.56T JPY	20.38T JPY	21.86T JPY	27.15T JPY	29.81T JPY

Cash flow

Fiscal years, in JPY, from Toyota Motor Corporation ADR's 10-K filings with the SEC.

Fiscal year	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Operating cash flow	4.46T JPY	3.57T JPY	4.22T JPY	3.77T JPY	2.40T JPY	2.73T JPY	3.72T JPY	2.96T JPY	4.21T JPY	3.70T JPY
Capital spending	1.28T JPY	1.22T JPY	1.29T JPY	1.45T JPY	305.0B JPY	278.4B JPY	346.1B JPY	348.3B JPY	334.3B JPY	354.2B JPY
Free cash flow	3.18T JPY	2.34T JPY	2.93T JPY	2.31T JPY	2.09T JPY	2.45T JPY	3.38T JPY	2.61T JPY	3.87T JPY	3.34T JPY
Stock-based compensation	0 JPY	0 JPY	0 JPY	0 JPY	0 JPY	—	—	—	—	—
Dividends paid	704.7B JPY	634.5B JPY	620.7B JPY	636.1B JPY	673.8B JPY	662.1B JPY	761.6B JPY	813.0B JPY	970.5B JPY	1.26T JPY
Net borrowing	658.8B JPY	1.03T JPY	689.3B JPY	723.0B JPY	1.23T JPY	4.24T JPY	-721.0B JPY	923.9B JPY	3.31T JPY	2.51T JPY
Free cash flow margin	11.2%	8.5%	10.0%	7.7%	7.0%	9.0%	10.8%	7.0%	8.6%	7.0%
Dividends per share	224.08 JPY	207.63 JPY	207.26 JPY	217.95 JPY	48.14 JPY	47.37 JPY	54.84 JPY	59.52 JPY	71.82 JPY	95.04 JPY

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Questions

What was Toyota Motor Corporation ADR's revenue in 2025?

48.04T JPY in fiscal 2025, from its 10-K filing.

How much free cash flow does Toyota Motor Corporation ADR generate?

3.34T JPY in fiscal 2025 (operating cash flow minus capital spending).

From Toyota Motor Corporation ADR's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.