HMC: Honda Motor Co Ltd Financial Statements
Balance sheet, income statement, and cash flow statements for Honda Motor Co Ltd (HMC).
$41.95B Market Cap.
HMC Market Cap. (MRY)
HMC Shares Outstanding (MRY)
HMC Assets (MRY)
Total Assets
$30.78T
Total Liabilities
$18.15T
Total Investments
$11.25T
HMC Income (MRY)
Revenue
$21.69T
Net Income
$835.84B
Operating Expense
$3.45T
HMC Cash Flow (MRY)
CF Operations
$292.15B
CF Investing
-$941.97B
CF Financing
$280.48B
HMC Balance Sheet (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Total Assets | $30,775,867,000,000 (3.36%) | $29,774,150,000,000 (20.69%) | $24,670,067,000,000 (2.91%) | $23,973,153,000,000 (9.36%) |
Assets Current | $11,687,762,000,000 (-1.56%) | $11,872,564,000,000 (23.95%) | $9,578,348,000,000 (8.33%) | $8,841,425,000,000 (16.66%) |
Assets Non-Current | $19,088,105,000,000 (6.63%) | $17,901,586,000,000 (18.62%) | $15,091,719,000,000 (-0.26%) | $15,131,728,000,000 (5.51%) |
Goodwill & Intangible Assets | $1,126,019,000,000 (12.64%) | $999,689,000,000 (14.79%) | $870,900,000,000 (2.52%) | $849,507,000,000 (3.75%) |
Shareholders Equity | $12,326,529,000,000 (-2.92%) | $12,696,995,000,000 (13.53%) | $11,184,250,000,000 (6.79%) | $10,472,824,000,000 (15.31%) |
Property Plant & Equipment Net | $8,958,108,000,000 (6.17%) | $8,437,181,000,000 (6.88%) | $7,894,401,000,000 (-4.18%) | $8,238,536,000,000 (3.74%) |
Cash & Equivalents | $4,528,795,000,000 (-8.59%) | $4,954,565,000,000 (30.28%) | $3,803,014,000,000 (3.49%) | $3,674,931,000,000 (33.25%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $11,253,168,000,000 (6.36%) | $10,579,963,000,000 (33.42%) | $7,929,660,000,000 (6.59%) | $7,439,297,000,000 (2.90%) |
Investments Current | $2,964,278,000,000 (6.32%) | $2,788,177,000,000 (28.88%) | $2,163,385,000,000 (13.16%) | $1,911,856,000,000 (-8.52%) |
Investments Non-Current | $8,288,890,000,000 (6.38%) | $7,791,786,000,000 (35.13%) | $5,766,275,000,000 (4.32%) | $5,527,441,000,000 (7.55%) |
Inventory | $2,470,590,000,000 (1.13%) | $2,442,969,000,000 (12.73%) | $2,167,184,000,000 (12.96%) | $1,918,548,000,000 (24.13%) |
Trade & Non-Trade Receivables | $1,160,847,000,000 (-6.39%) | $1,240,090,000,000 (16.96%) | $1,060,271,000,000 (18.23%) | $896,768,000,000 (11.84%) |
Trade & Non-Trade Payables | $1,663,487,000,000 (3.33%) | $1,609,836,000,000 (12.87%) | $1,426,333,000,000 (15.38%) | $1,236,233,000,000 (13.62%) |
Accumulated Retained Earnings (Deficit) | $11,122,187,000,000 (4.49%) | $10,644,213,000,000 (6.65%) | $9,980,128,000,000 (4.62%) | $9,539,133,000,000 (7.17%) |
Tax Assets | $143,499,000,000 (-16.01%) | $170,856,000,000 (61.50%) | $105,792,000,000 (15.50%) | $91,592,000,000 (-8.00%) |
Tax Liabilities | $826,646,000,000 (-18.35%) | $1,012,477,000,000 (5.08%) | $963,552,000,000 (-11.35%) | $1,086,870,000,000 (22.15%) |
Total Debt | $12,029,567,000,000 (11.17%) | $10,821,334,000,000 (30.72%) | $8,278,014,000,000 (-3.98%) | $8,621,539,000,000 (5.35%) |
Debt Current | $4,774,608,000,000 (7.38%) | $4,446,448,000,000 (22.99%) | $3,615,305,000,000 (7.75%) | $3,355,204,000,000 (5.25%) |
Debt Non-Current | $7,254,959,000,000 (13.81%) | $6,374,886,000,000 (36.72%) | $4,662,709,000,000 (-11.46%) | $5,266,335,000,000 (5.41%) |
Total Liabilities | $18,148,045,000,000 (8.23%) | $16,768,278,000,000 (27.34%) | $13,167,776,000,000 (-0.25%) | $13,200,607,000,000 (5.20%) |
Liabilities Current | $8,615,157,000,000 (3.50%) | $8,323,492,000,000 (25.13%) | $6,652,124,000,000 (10.79%) | $6,004,399,000,000 (5.06%) |
Liabilities Non-Current | $9,532,888,000,000 (12.88%) | $8,444,786,000,000 (29.61%) | $6,515,652,000,000 (-9.46%) | $7,196,208,000,000 (5.32%) |
HMC Income Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Revenues | $21,688,767,000,000 (6.17%) | $20,428,802,000,000 (20.83%) | $16,907,725,000,000 (16.18%) | $14,552,696,000,000 (10.49%) |
Cost of Revenue | $17,024,788,000,000 (6.29%) | $16,016,659,000,000 (17.98%) | $13,576,133,000,000 (17.36%) | $11,567,923,000,000 (10.81%) |
Selling General & Administrative Expense | $2,351,011,000,000 (11.61%) | $2,106,539,000,000 (26.15%) | $1,669,908,000,000 (25.89%) | $1,326,485,000,000 (-0.39%) |
Research & Development Expense | $1,099,482,000,000 (19.04%) | $923,627,000,000 (4.85%) | $880,915,000,000 (11.93%) | $787,056,000,000 (6.52%) |
Operating Expenses | $3,450,493,000,000 (13.87%) | $3,030,166,000,000 (18.79%) | $2,550,823,000,000 (20.69%) | $2,113,541,000,000 (2.07%) |
Interest Expense | $54,907,000,000 (-7.92%) | $59,631,000,000 (65.13%) | $36,112,000,000 (114.10%) | $16,867,000,000 (21.55%) |
Income Tax Expense | $414,606,000,000 (-9.83%) | $459,794,000,000 (183.38%) | $162,256,000,000 (-47.57%) | $309,489,000,000 (41.57%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $903,034,000,000 (-23.64%) | $1,182,590,000,000 (64.86%) | $717,309,000,000 (-5.70%) | $760,701,000,000 (9.38%) |
Net Income to Non-Controlling Interests | $67,197,000,000 (-10.90%) | $75,416,000,000 (14.45%) | $65,893,000,000 (22.86%) | $53,634,000,000 (41.07%) |
Net Income | $835,837,000,000 (-24.51%) | $1,107,174,000,000 (69.96%) | $651,416,000,000 (-7.87%) | $707,067,000,000 (7.55%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $835,837,000,000 (-24.51%) | $1,107,174,000,000 (69.96%) | $651,416,000,000 (-7.87%) | $707,067,000,000 (7.55%) |
Weighted Average Shares | $4,639,210,918 (-4.69%) | $4,867,319,778 (-3.65%) | $5,051,881,092 (-2.47%) | $5,179,837,485 (-0.00%) |
Weighted Average Shares Diluted | - | - | - | - |
Earning Before Interest & Taxes (EBIT) | $1,305,350,000,000 (-19.75%) | $1,626,599,000,000 (91.41%) | $849,784,000,000 (-17.77%) | $1,033,423,000,000 (16.13%) |
Gross Profit | $4,663,979,000,000 (5.71%) | $4,412,143,000,000 (32.43%) | $3,331,592,000,000 (11.62%) | $2,984,773,000,000 (9.30%) |
Operating Income | $1,213,486,000,000 (-12.19%) | $1,381,977,000,000 (77.00%) | $780,769,000,000 (-10.38%) | $871,232,000,000 (31.96%) |
HMC Cash Flow Statement (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$941,966,000,000 (-8.61%) | -$867,267,000,000 (-27.90%) | -$678,060,000,000 (-80.31%) | -$376,056,000,000 (52.81%) |
Net Cash Flow from Financing | $280,477,000,000 (-69.47%) | $918,646,000,000 (162.56%) | -$1,468,359,000,000 (-138.48%) | -$615,718,000,000 (-116.82%) |
Net Cash Flow from Operations | $292,152,000,000 (-60.90%) | $747,278,000,000 (-64.90%) | $2,129,022,000,000 (26.76%) | $1,679,622,000,000 (56.63%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$425,770,000,000 (-136.97%) | $1,151,551,000,000 (799.07%) | $128,083,000,000 (-86.03%) | $916,911,000,000 (970.32%) |
Net Cash Flow - Business Acquisitions and Disposals | -$135,527,000,000 (29.53%) | -$192,311,000,000 (-733.02%) | -$23,086,000,000 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $28,738,000,000 (135.61%) | -$80,709,000,000 (-108.59%) | -$38,692,000,000 (-184.00%) | $46,062,000,000 (129.42%) |
Capital Expenditure | -$498,545,000,000 (-49.15%) | -$334,262,000,000 (27.15%) | -$458,842,000,000 (-90.36%) | -$241,035,000,000 (22.66%) |
Issuance (Repayment) of Debt Securities | -$2,395,970,000,000 (-10.87%) | -$2,160,978,000,000 (-7.09%) | -$2,017,953,000,000 (12.80%) | -$2,314,146,000,000 (-13.13%) |
Issuance (Purchase) of Equity Shares | -$722,037,000,000 (-188.80%) | -$250,009,000,000 (-59.63%) | -$156,622,000,000 (-151.88%) | -$62,180,000,000 (-40476.62%) |
Payment of Dividends & Other Cash Distributions | -$347,805,000,000 (-43.80%) | -$241,865,000,000 (-13.30%) | -$213,475,000,000 (-13.31%) | -$188,402,000,000 (-29.85%) |
Effect of Exchange Rate Changes on Cash | -$56,433,000,000 (-115.99%) | $352,894,000,000 (142.57%) | $145,480,000,000 (-36.49%) | $229,063,000,000 (143.30%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $742,863,000,000 (-6.48%) | $794,366,000,000 (10.08%) | $721,630,000,000 (18.09%) | $611,063,000,000 (-2.11%) |
HMC Financial Metrics (MRY)
Metric | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
Gross Margin | 21.50% (-0.46%) | 21.60% (9.64%) | 19.70% (-3.90%) | 20.50% (-0.97%) |
Profit Margin | 3.90% (-27.78%) | 5.40% (38.46%) | 3.90% (-20.41%) | 4.90% (-2.00%) |
EBITDA Margin | 9.40% (-21.01%) | 11.90% (27.96%) | 9.30% (-17.70%) | 11.30% (-1.74%) |
Return on Average Equity (ROAE) | 6.50% (-27.78%) | 9.00% (55.17%) | 5.80% (-19.44%) | 7.20% (-8.86%) |
Return on Average Assets (ROAA) | 2.70% (-32.50%) | 4.00% (53.85%) | 2.60% (-16.13%) | 3.10% (-3.13%) |
Return on Sales (ROS) | 6.00% (-25.00%) | 8.00% (60.00%) | 5.00% (-29.58%) | 7.10% (4.41%) |
Return on Invested Capital (ROIC) | 4.70% (-28.79%) | 6.60% (73.68%) | 3.80% (-20.83%) | 4.80% (6.67%) |
Dividend Yield | 2.40% (9.09%) | 2.20% (-31.25%) | 3.20% (3.23%) | 3.10% (0.00%) |
Price to Earnings Ratio (P/E) | 7.55 (-9.28%) | 8.32 (-8.92%) | 9.13 (8.99%) | 8.38 (-2.99%) |
Price to Sales Ratio (P/S) | 0.29 (-35.49%) | 0.45 (28.37%) | 0.35 (-14.67%) | 0.41 (-5.10%) |
Price to Book Ratio (P/B) | 0.51 (-29.44%) | 0.72 (36.36%) | 0.53 (-7.04%) | 0.57 (-9.12%) |
Debt to Equity Ratio (D/E) | 1.47 (11.43%) | 1.32 (12.23%) | 1.18 (-6.59%) | 1.26 (-8.83%) |
Earnings Per Share (EPS) | 536.79 (-20.79%) | 677.64 (76.45%) | 384.03 (-6.58%) | 411.09 (7.97%) |
Sales Per Share (SPS) | 93.94 (12.95%) | 83.17 (9.67%) | 75.83 (9.68%) | 69.14 (-1.29%) |
Free Cash Flow Per Share (FCFPS) | -133.47 (-152.43%) | 254.56 (-74.33%) | 991.82 (19.04%) | 833.18 (89.11%) |
Book Value Per Share (BVPS) | 7,971.1 (1.86%) | 7,825.86 (17.83%) | 6,641.64 (9.50%) | 6,065.53 (15.31%) |
Tangible Assets Book Value Per Share (TABVPS) | 19,173.42 (8.11%) | 17,735.3 (25.49%) | 14,132.86 (5.53%) | 13,392.49 (9.58%) |
Enterprise Value Over EBIT (EV/EBIT) | 10 (11.11%) | 9 (-25.00%) | 12 (9.09%) | 11 (-15.38%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 6.49 (7.33%) | 6.04 (-9.87%) | 6.7 (-4.68%) | 7.03 (-4.38%) |
Asset Turnover | 0.71 (-3.68%) | 0.73 (8.26%) | 0.68 (4.95%) | 0.65 (2.22%) |
Current Ratio | 1.36 (-4.84%) | 1.43 (-0.97%) | 1.44 (-2.17%) | 1.47 (11.01%) |
Dividends | $0.66 (-19.66%) | $0.82 (-3.40%) | $0.85 (-3.62%) | $0.89 (-4.94%) |
Free Cash Flow (FCF) | -$206,393,000,000 (-149.97%) | $413,016,000,000 (-75.27%) | $1,670,180,000,000 (16.10%) | $1,438,587,000,000 (89.10%) |
Enterprise Value (EV) | $88,965,709,938 (-7.92%) | $96,622,653,962 (21.44%) | $79,562,531,082 (-16.15%) | $94,882,282,222 (-7.21%) |
Earnings Before Tax (EBT) | $1,250,443,000,000 (-20.20%) | $1,566,968,000,000 (92.58%) | $813,672,000,000 (-19.96%) | $1,016,556,000,000 (16.04%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $2,048,213,000,000 (-15.40%) | $2,420,965,000,000 (54.06%) | $1,571,414,000,000 (-4.44%) | $1,644,486,000,000 (8.61%) |
Invested Capital | $28,535,463,000,000 (8.43%) | $26,317,738,000,000 (21.72%) | $21,622,043,000,000 (-2.01%) | $22,065,855,000,000 (6.02%) |
Working Capital | $3,072,605,000,000 (-13.43%) | $3,549,072,000,000 (21.29%) | $2,926,224,000,000 (3.14%) | $2,837,026,000,000 (52.23%) |
Tangible Asset Value | $29,649,848,000,000 (3.04%) | $28,774,461,000,000 (20.91%) | $23,799,167,000,000 (2.92%) | $23,123,646,000,000 (9.58%) |
Market Capitalization | $41,953,926,540 (-30.54%) | $60,403,432,405 (35.41%) | $44,608,105,582 (-8.58%) | $48,794,064,229 (-6.43%) |
Average Equity | $12,799,221,500,000 (4.24%) | $12,278,480,500,000 (8.91%) | $11,274,396,500,000 (15.41%) | $9,768,730,000,000 (17.29%) |
Average Assets | $30,683,967,000,000 (10.22%) | $27,838,466,500,000 (11.58%) | $24,948,807,250,000 (10.75%) | $22,527,508,500,000 (8.16%) |
Invested Capital Average | $27,999,686,000,000 (13.00%) | $24,778,653,750,000 (10.02%) | $22,521,075,750,000 (5.10%) | $21,427,316,250,000 (8.61%) |
Shares | 4,639,210,918 (-4.69%) | 4,867,319,778 (-3.65%) | 5,051,881,092 (-2.47%) | 5,179,837,485 (-0.00%) |
