TM financial statements

The full income statement, balance sheet, and cash-flow statement for Toyota Motor Corporation (TM), 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)

2018-03 264.5M2019-03 257.5M2020-03 251.5M2021-03 254.2M2022-03 1.25B2023-03 1.23B2024-03 1.22B2025-03 1.19B2026-03 1.18B+347.9% 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	335B YoY+6.4%	315B YoY+1.1%	312B YoY+13.6%	274B YoY-1.7%	279B YoY+8.8%
Research & development	10.4B YoY+14.8%	9.03B YoY+5.5%	8.56B YoY-5.4%	9.04B YoY-6.9%	9.72B YoY-5.0%
Operating income	24.9B YoY-20.8%	31.4B YoY-15.0%	37.0B YoY+83.8%	20.1B YoY-24.5%	26.7B YoY+28.6%
Pre-tax income	34.1B YoY-19.0%	42.1B YoY-12.6%	48.1B YoY+77.6%	27.1B YoY-23.7%	35.5B YoY+28.4%
Income tax	7.72B YoY-27.6%	10.7B YoY-18.6%	13.1B YoY+50.7%	8.68B YoY-12.6%	9.93B YoY+62.0%
	26.3B YoY-16.1%	31.4B YoY-10.4%	35.0B YoY+90.3%	18.4B YoY-28.0%	25.6B YoY+18.8%
Net income to common	25.4B YoY-18.6%	31.2B YoY-8.6%	34.2B YoY+88.7%	18.1B YoY-28.6%	25.4B YoY+19.8%
	$21.47 YoY-17.2%	$25.94 YoY-6.8%	$27.82 YoY+90.8%	$14.58 YoY-27.4%	$20.09 YoY+21.9%
EPS (basic)	$21.47 YoY-17.2%	$25.94 YoY-6.8%	$27.82 YoY+90.8%	$14.58 YoY-27.4%	$20.09 YoY+20.5%
	1.18B YoY-1.7%	1.20B YoY-1.9%	1.23B YoY-1.1%	1.24B YoY-1.6%	1.26B YoY-0.6%
	1.18B YoY-1.7%	1.20B YoY-1.9%	1.23B YoY-1.1%	1.24B	—
Dividends per share	$6.91 YoY+10.4%	$6.26 YoY+26.1%	$4.97 YoY+13.9%	$4.36 YoY-13.6%	$5.04 YoY-78.3%
Balance Sheet	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	270B YoY+9.1%	247B YoY+7.8%	229B YoY+15.1%	199B YoY+2.2%	195B YoY-5.2%
Cash & equivalents	79.8B YoY+33.2%	59.9B YoY-3.7%	62.2B YoY+9.8%	56.6B YoY+12.7%	50.3B YoY+9.1%
Accounts receivable	23.9B YoY-2.5%	24.5B YoY-2.0%	25.0B YoY-7.3%	27.0B YoY+4.6%	25.8B YoY-3.3%
Inventory	32.4B YoY+5.5%	30.7B YoY+0.8%	30.4B YoY-5.1%	32.1B YoY+2.0%	31.4B YoY+20.4%
	665B YoY+6.5%	624B YoY+4.8%	595B YoY+6.4%	560B YoY+0.6%	556B YoY-1.1%
Property, plant & equipment	108B YoY+5.2%	102B YoY+8.6%	94.2B YoY-1.0%	95.2B YoY-6.1%	101B YoY-1.7%
Total non-current assets	395B YoY+4.8%	377B YoY+3.0%	366B YoY+1.6%	360B YoY-0.3%	361B YoY+1.3%
	212B YoY+7.9%	196B YoY+1.8%	193B YoY+6.8%	180B YoY+0.5%	180B YoY-7.4%
Short-term & current debt	35.9B YoY-1.5%	36.4B YoY+0.5%	36.3B YoY+4.9%	34.6B YoY+2.5%	33.7B YoY-13.9%
	406B YoY+7.4%	378B YoY+4.3%	363B YoY+6.9%	339B YoY+1.8%	333B YoY-2.9%
Long-term debt	161B YoY+5.4%	153B YoY+9.6%	140B YoY+8.7%	129B YoY+2.2%	126B YoY+3.6%
	252B YoY+5.0%	240B YoY+6.0%	226B YoY+5.9%	213B YoY-1.1%	216B YoY+2.0%
Total equity incl. non-controlling	258B YoY+5.1%	246B YoY+5.6%	233B YoY+5.6%	220B YoY-1.2%	223B YoY+1.7%
	1.18B YoY-0.1%	1.19B YoY-3.2%	1.22B YoY-0.7%	1.23B YoY-1.5%	1.25B YoY+392.8%
Cash Flow	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
	36.2B YoY+49.2%	24.2B YoY-16.6%	29.1B YoY+33.2%	21.8B YoY-34.1%	33.1B YoY+28.8%
Depreciation & amortization	15.8B YoY+7.1%	14.8B YoY+2.4%	14.4B YoY-4.3%	15.1B YoY-7.1%	16.2B YoY+4.6%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Long-term debt issued	85.1B YoY-3.0%	87.8B YoY+5.3%	83.3B YoY+21.6%	68.5B YoY-5.2%	72.3B YoY-20.6%
Long-term debt repaid	79.0B YoY+10.9%	71.3B YoY+17.9%	60.5B YoY-2.0%	61.7B YoY-21.6%	78.7B YoY+54.1%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	0.00	0.00	0.00	0.00	0.00
Dividends paid	8.19B YoY+10.3%	7.43B YoY+22.1%	6.08B YoY+13.1%	5.38B YoY-14.9%	6.32B YoY+7.1%
Valuation Ratios	as ofMar 31 ’26	as ofMar 31 ’25	as ofMar 31 ’24	as ofMar 31 ’23	as ofMar 31 ’22
Market cap	244B YoY+16.6%	209B YoY-32.5%	310B YoY+77.6%	175B YoY-22.6%	226B YoY+469.2%
P/E	9.3× YoY+39.0%	6.7× YoY-60.5%	16.9× YoY+77.6%	9.5× YoY+7.5%	8.8× YoY+378.9%
P/S	0.7× YoY+9.6%	0.7× YoY-41.2%	1.1× YoY+77.6%	0.6× YoY-21.2%	0.8× YoY+423.1%
P/B	1.0× YoY+11.1%	0.9× YoY-39.9%	1.5× YoY+77.6%	0.8× YoY-21.8%	1.0× YoY+457.8%
P/FCF	26.8× YoY+16.6%	23.0× YoY-32.5%	34.1× YoY+77.6%	19.2× YoY-22.6%	24.8× YoY+469.2%
	10.8% YoY-28.1%	15.0% YoY+152.8%	5.9% YoY-43.7%	10.5% YoY-7.0%	11.3% YoY-79.1%
	3.7% YoY-14.2%	4.4% YoY+48.2%	2.9% YoY-43.7%	5.2% YoY+29.2%	4.0% YoY-82.4%
	3.4% YoY-5.4%	3.5% YoY+79.7%	2.0% YoY-35.9%	3.1% YoY+10.0%	2.8% YoY-81.2%
Source filing	20-F	20-F	20-F	20-F	20-F

About this data

Source: TM'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 TM filings on SEC EDGAR → Not investment advice.