Toyota Motor
Financial ratios & Valuation

Forward Multiples (2026 – 2028)

202620272028
Price/Earnings ratio
0.060.050.05
Price/Sales ratio
0.000.000.00
Earnings per Share (EPS)
$3.20K$3.31K$3.62K

Historical Multiples (2015 – 2024)

2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 TTM Median
Valuation Ratios
Price/Earnings ratio
12.218.049.937.9410.178.8610.7510.6810.4710.0398.1710.17
Price/Sales ratio
0.970.650.650.670.630.600.880.970.691.100.890.63
Price/Book Value ratio
1.581.111.031.050.990.891.031.160.901.4412.170.99
Price/Cash Flow ratio
7.204.175.324.705.085.028.858.188.6911.79111.735.08
Price/Free Cash Flow ratio
80.8646.35-143.0232.42691.60-4.02K-23.19-282.93-34.21-58.92-22.19-22.19
Price/Earnings Growth ratio
0.621.03-0.540.20-0.460.721.160.38-0.830.09-0.510.72
Dividend Yield
2.09%3.79%3.50%3.16%3.36%3.42%2.59%2.33%2.83%1.77%0.01%3.42%
Profitability Indicator Ratios
Gross Profit Margin
19.80%20.41%17.62%18.68%18.01%18.06%17.75%19.03%16.99%19.07%21.12%18.01%
Operating Profit Margin
10.09%10.04%7.22%8.16%8.16%8.16%10.89%9.54%9.87%11.87%11.33%8.16%
Pretax Profit Margin
10.62%10.50%7.94%8.91%7.56%8.53%10.77%12.71%9.87%15.44%12.59%7.56%
Net Profit Margin
7.98%8.14%6.63%8.48%6.22%6.80%8.25%9.08%6.59%10.96%9.18%6.22%
Effective Tax Rate
30.88%29.43%28.66%19.24%28.87%26.75%22.16%27.96%32.04%27.18%32.27%28.87%
Return on Assets
4.55%4.87%3.75%4.95%3.62%3.86%3.60%4.21%3.29%5.48%4.78%3.62%
Return On Equity
12.94%13.80%10.45%13.31%9.73%10.14%9.59%10.85%8.65%14.45%12.45%9.73%
Return on Capital Employed
8.78%9.11%6.34%7.38%7.31%7.02%7.26%6.53%7.28%8.78%8.59%7.31%
Liquidity Ratios
Current Ratio
1.091.121.021.011.031.041.06N/AN/AN/A1.221.03
Quick Ratio
0.961.000.890.870.890.900.920.910.921.031.060.89
Cash ratio
0.130.180.170.170.190.230.230.270.310.320.270.19
Days of Sales Outstanding
28.2625.70115.72112.52115.7925.46131.80121.99118.71121.11115.4125.46
Days of Inventory outstanding
35.7233.2838.3438.8039.1236.2447.0954.8950.3646.0644.9339.12
Operating Cycle
63.9858.98154.06151.32154.9161.71178.90176.89169.08167.17160.34154.91
Days of Payables Outstanding
40.2838.5841.2039.5238.9735.0448.1645.5145.2038.2850.8438.97
Cash Conversion Cycle
23.6920.40112.86111.80115.9426.66130.73131.37123.88128.88109.5026.66
Debt Ratios
Debt Ratio
0.390.380.390.380.380.390.240.390.190.400.400.38
Debt Equity Ratio
1.131.091.091.031.041.020.661.000.491.051.061.04
Long-term Debt to Capitalization
0.370.360.360.340.350.340.360.360.060.370.380.35
Total Debt to Capitalization
0.530.520.520.500.510.500.390.500.330.510.510.51
Interest Coverage Ratio
120.2680.6167.9486.9987.8875.8251.80N/AN/AN/A46.4875.82
Cash Flow to Debt Ratio
0.190.240.170.210.180.170.170.140.200.110.100.17
Company Equity Multiplier
2.842.832.782.682.682.622.662.572.622.632.592.62
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.130.150.120.140.120.110.100.110.070.090.080.11
Free Cash Flow / Operating Cash Flow Ratio
0.080.09-0.030.140.00-0.00-0.38-0.02-0.25-0.20-0.49-0.00
Cash Flow Coverage Ratio
0.190.240.170.210.180.170.170.140.200.110.100.17
Short Term Coverage Ratio
0.410.520.360.450.390.361.350.330.240.270.250.36
Dividend Payout Ratio
25.53%30.52%34.85%25.13%34.24%30.39%27.85%24.90%29.69%17.8%23.73%30.39%