HMC financial statements

The full income statement, balance sheet, and cash-flow statement for Honda Motor Company Ltd. (HMC), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2010-03 1.81B2011-03 1.80B2012-03 1.80B2013-03 1.80B2014-03 1.80B2018-03 1.78B2019-03 1.76B2020-03 1.73B2026-03 3.89B+114.5% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2026	FY2025	FY2024	FY2023	FY2022
Income Statement	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Revenue	144B YoY+1.3%	142B YoY+0.8%	141B YoY+13.1%	125B YoY-3.6%	130B YoY+4.3%
Cost of revenue	120B YoY+7.7%	112B YoY+0.9%	111B YoY+10.4%	100B YoY-2.6%	103B YoY+4.6%
Research & development	10.2B YoY+41.2%	7.21B YoY+13.0%	6.38B YoY-1.9%	6.51B YoY-7.1%	7.00B YoY+0.5%
Operating income	-2.74B YoY-134.4%	7.96B YoY-16.7%	9.55B YoY+65.6%	5.77B YoY-25.6%	7.75B YoY+24.5%
Pre-tax income	-2.67B YoY-130.9%	8.64B YoY-23.9%	11.3B YoY+74.7%	6.50B YoY-31.8%	9.52B YoY+10.5%
Income tax	-332M YoY-112.2%	2.72B YoY-14.4%	3.18B YoY+165.1%	1.20B YoY-56.5%	2.75B YoY+33.6%
	-2.33B YoY-139.4%	5.92B YoY-27.5%	8.17B YoY+54.3%	5.30B YoY-21.7%	6.77B YoY+3.2%
Net income to common	-2.80B YoY-151.1%	5.48B YoY-28.4%	7.65B YoY+59.0%	4.81B YoY-23.5%	6.29B YoY+1.5%
	-$0.70 YoY-159.7%	$1.17 YoY-24.8%	$1.56 YoY+65.1%	$0.95 YoY-22.5%	$1.22
EPS (basic)	-$0.70 YoY-159.7%	$1.17 YoY-24.8%	$1.56 YoY+65.1%	$0.95 YoY-22.5%	$1.22 YoY-66.0%
	4.00B YoY-14.4%	4.67B YoY-4.7%	4.90B YoY-3.7%	5.09B YoY-1.4%	5.16B YoY+198.8%
Balance Sheet	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	82.4B YoY+5.7%	77.9B YoY-0.6%	78.4B YoY+8.7%	72.1B YoY-0.7%	72.7B YoY+6.1%
Cash & equivalents	31.9B YoY+5.7%	30.2B YoY-7.7%	32.7B YoY+14.3%	28.6B YoY-5.2%	30.2B YoY+21.2%
Inventory	15.9B YoY-3.2%	16.5B YoY+2.1%	16.1B YoY-1.1%	16.3B YoY+3.5%	15.8B YoY+12.9%
	211B YoY+2.9%	205B YoY+4.3%	197B YoY+5.9%	186B YoY-5.7%	197B YoY-0.5%
Total non-current assets	129B YoY+1.1%	127B YoY+7.6%	118B YoY+4.0%	114B YoY-8.6%	124B YoY-4.0%
	64.3B YoY+11.9%	57.4B YoY+4.5%	55.0B YoY+9.7%	50.1B YoY+1.5%	49.4B YoY-4.4%
Short-term & current debt	23.8B YoY+33.6%	17.8B YoY+4.0%	17.1B YoY+17.9%	14.5B YoY-20.2%	18.2B YoY+17.9%
	135B YoY+11.2%	121B YoY+9.2%	111B YoY+11.7%	99.2B YoY-8.6%	109B YoY-4.3%
Long-term debt	53.4B YoY+15.2%	46.4B YoY+15.9%	40.0B YoY+21.5%	32.9B YoY-19.6%	41.0B YoY-3.8%
	74.5B YoY-9.4%	82.2B YoY-2.0%	83.9B YoY-0.4%	84.2B YoY-2.1%	86.1B YoY+4.9%
Total equity incl. non-controlling	76.5B YoY-9.1%	84.2B YoY-2.0%	85.9B YoY-0.8%	86.6B YoY-2.2%	88.5B YoY+4.6%
Cash Flow	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	7.50B YoY+291.7%	1.92B YoY-62.9%	5.16B YoY-67.2%	15.7B YoY+5.2%	14.9B YoY+47.8%
Depreciation & amortization	10.9B YoY+3.2%	10.6B YoY-3.1%	10.9B YoY-7.5%	11.8B YoY-10.3%	13.1B YoY-2.2%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Long-term debt issued	30.3B YoY+21.3%	25.0B YoY-1.1%	25.3B YoY+252.2%	7.17B YoY-59.8%	17.8B YoY-3.0%
Long-term debt repaid	18.7B YoY+7.1%	17.4B YoY+22.7%	14.2B YoY-19.2%	17.6B YoY+12.2%	15.7B YoY-7.6%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	4.43B YoY-6.4%	4.74B YoY+173.6%	1.73B YoY+49.3%	1.16B YoY+107.6%	559M YoY+986886.1%
Dividends paid	1.88B YoY-17.6%	2.28B YoY+36.5%	1.67B YoY+6.0%	1.58B YoY-6.0%	1.68B YoY+22.5%
Valuation Ratios	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Market cap	94.6B	—	—	—	—
P/E	—	23.1× YoY-41.3%	39.4× YoY+40.5%	28.0× YoY+20.9%	23.2× YoY+107.5%
P/S	0.7×	—	—	—	—
P/B	1.3×	—	—	—	—
P/FCF	20.8×	—	—	—	—
	—	4.3% YoY+70.3%	2.5% YoY-28.8%	3.6% YoY-17.3%	4.3% YoY-51.8%
	4.8%	—	—	—	—
Source filing	20-F	20-F	20-F	20-F	20-F

About this data

Source: HMC's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all HMC filings on SEC EDGAR → Not investment advice.