Analysis of Profitability Ratios
Profitability ratios measure the company ability to generate profitable sales from its resources (assets).
Profitability Ratios (Summary)
Toyota Motor Corp., profitability ratios
Based on: 20-F (reporting date: 2015-03-31), 20-F (reporting date: 2014-03-31), 20-F (reporting date: 2013-03-31), 20-F (reporting date: 2012-03-31), 20-F (reporting date: 2011-03-31), 20-F (reporting date: 2010-03-31).
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Toyota Motor Corp. gross profit margin ratio improved from 2013 to 2014 and from 2014 to 2015. |
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Toyota Motor Corp. operating profit margin ratio improved from 2013 to 2014 and from 2014 to 2015. |
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Toyota Motor Corp. net profit margin ratio improved from 2013 to 2014 and from 2014 to 2015. |
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Toyota Motor Corp. ROE improved from 2013 to 2014 and from 2014 to 2015. |
| ROA | A profitability ratio calculated as net income divided by total assets. | Toyota Motor Corp. ROA improved from 2013 to 2014 and from 2014 to 2015. |
Gross Profit Margin
Toyota Motor Corp., gross profit margin calculation, comparison to benchmarks
| Mar 31, 2015 | Mar 31, 2014 | Mar 31, 2013 | Mar 31, 2012 | Mar 31, 2011 | Mar 31, 2010 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions, translated from JPY ￥) | |||||||
| Gross profit | 44,955) | 47,492) | 36,355) | 26,707) | 28,603) | 24,368) | |
| Net revenues | 227,030) | 249,484) | 234,327) | 226,106) | 228,427) | 203,686) | |
| Profitability Ratio | |||||||
| Gross profit margin1 | 19.80% | 19.04% | 15.51% | 11.81% | 12.52% | 11.96% | |
| Benchmarks | |||||||
| Gross Profit Margin, Competitors2 | |||||||
| Ford Motor Co. | — | — | — | — | — | — | |
| General Motors Co. | — | — | — | — | — | — | |
| Tesla Inc. | — | — | — | — | — | — | |
Based on: 20-F (reporting date: 2015-03-31), 20-F (reporting date: 2014-03-31), 20-F (reporting date: 2013-03-31), 20-F (reporting date: 2012-03-31), 20-F (reporting date: 2011-03-31), 20-F (reporting date: 2010-03-31).
1 2015 Calculation
Gross profit margin = 100 × Gross profit ÷ Net revenues
= 100 × 44,955 ÷ 227,030 = 19.80%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Gross profit margin | Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. | Toyota Motor Corp. gross profit margin ratio improved from 2013 to 2014 and from 2014 to 2015. |
Operating Profit Margin
Toyota Motor Corp., operating profit margin calculation, comparison to benchmarks
| Mar 31, 2015 | Mar 31, 2014 | Mar 31, 2013 | Mar 31, 2012 | Mar 31, 2011 | Mar 31, 2010 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions, translated from JPY ￥) | |||||||
| Operating income | 22,929) | 22,258) | 14,028) | 4,327) | 5,632) | 1,586) | |
| Net revenues | 227,030) | 249,484) | 234,327) | 226,106) | 228,427) | 203,686) | |
| Profitability Ratio | |||||||
| Operating profit margin1 | 10.10% | 8.92% | 5.99% | 1.91% | 2.47% | 0.78% | |
| Benchmarks | |||||||
| Operating Profit Margin, Competitors2 | |||||||
| Ford Motor Co. | — | — | — | — | — | — | |
| General Motors Co. | — | — | — | — | — | — | |
| Tesla Inc. | — | — | — | — | — | — | |
Based on: 20-F (reporting date: 2015-03-31), 20-F (reporting date: 2014-03-31), 20-F (reporting date: 2013-03-31), 20-F (reporting date: 2012-03-31), 20-F (reporting date: 2011-03-31), 20-F (reporting date: 2010-03-31).
1 2015 Calculation
Operating profit margin = 100 × Operating income ÷ Net revenues
= 100 × 22,929 ÷ 227,030 = 10.10%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Operating profit margin | A profitability ratio calculated as operating income divided by revenue. | Toyota Motor Corp. operating profit margin ratio improved from 2013 to 2014 and from 2014 to 2015. |
Net Profit Margin
Toyota Motor Corp., net profit margin calculation, comparison to benchmarks
| Mar 31, 2015 | Mar 31, 2014 | Mar 31, 2013 | Mar 31, 2012 | Mar 31, 2011 | Mar 31, 2010 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions, translated from JPY ￥) | |||||||
| Net income attributable to Toyota Motor Corporation | 18,117) | 17,704) | 10,218) | 3,450) | 4,909) | 2,251) | |
| Net revenues | 227,030) | 249,484) | 234,327) | 226,106) | 228,427) | 203,686) | |
| Profitability Ratio | |||||||
| Net profit margin1 | 7.98% | 7.10% | 4.36% | 1.53% | 2.15% | 1.11% | |
| Benchmarks | |||||||
| Net Profit Margin, Competitors2 | |||||||
| Ford Motor Co. | — | — | — | — | — | — | |
| General Motors Co. | — | — | — | — | — | — | |
| Tesla Inc. | — | — | — | — | — | — | |
Based on: 20-F (reporting date: 2015-03-31), 20-F (reporting date: 2014-03-31), 20-F (reporting date: 2013-03-31), 20-F (reporting date: 2012-03-31), 20-F (reporting date: 2011-03-31), 20-F (reporting date: 2010-03-31).
1 2015 Calculation
Net profit margin = 100 × Net income attributable to Toyota Motor Corporation ÷ Net revenues
= 100 × 18,117 ÷ 227,030 = 7.98%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| Net profit margin | An indicator of profitability, calculated as net income divided by revenue. | Toyota Motor Corp. net profit margin ratio improved from 2013 to 2014 and from 2014 to 2015. |
Return on Equity (ROE)
Toyota Motor Corp., ROE calculation, comparison to benchmarks
| Mar 31, 2015 | Mar 31, 2014 | Mar 31, 2013 | Mar 31, 2012 | Mar 31, 2011 | Mar 31, 2010 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions, translated from JPY ￥) | |||||||
| Net income attributable to Toyota Motor Corporation | 18,117) | 17,704) | 10,218) | 3,450) | 4,909) | 2,251) | |
| Total Toyota Motor Corporation shareholders’ equity | 139,948) | 140,504) | 129,015) | 128,364) | 124,262) | 111,347) | |
| Profitability Ratio | |||||||
| ROE1 | 12.95% | 12.60% | 7.92% | 2.69% | 3.95% | 2.02% | |
| Benchmarks | |||||||
| ROE, Competitors2 | |||||||
| Ford Motor Co. | — | — | — | — | — | — | |
| General Motors Co. | — | — | — | — | — | — | |
| Tesla Inc. | — | — | — | — | — | — | |
Based on: 20-F (reporting date: 2015-03-31), 20-F (reporting date: 2014-03-31), 20-F (reporting date: 2013-03-31), 20-F (reporting date: 2012-03-31), 20-F (reporting date: 2011-03-31), 20-F (reporting date: 2010-03-31).
1 2015 Calculation
ROE = 100 × Net income attributable to Toyota Motor Corporation ÷ Total Toyota Motor Corporation shareholders’ equity
= 100 × 18,117 ÷ 139,948 = 12.95%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROE | A profitability ratio calculated as net income divided by shareholders’ equity. | Toyota Motor Corp. ROE improved from 2013 to 2014 and from 2014 to 2015. |
Return on Assets (ROA)
Toyota Motor Corp., ROA calculation, comparison to benchmarks
| Mar 31, 2015 | Mar 31, 2014 | Mar 31, 2013 | Mar 31, 2012 | Mar 31, 2011 | Mar 31, 2010 | ||
|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions, translated from JPY ￥) | |||||||
| Net income attributable to Toyota Motor Corporation | 18,117) | 17,704) | 10,218) | 3,450) | 4,909) | 2,251) | |
| Total assets | 397,881) | 402,384) | 376,841) | 372,928) | 358,607) | 326,196) | |
| Profitability Ratio | |||||||
| ROA1 | 4.55% | 4.40% | 2.71% | 0.93% | 1.37% | 0.69% | |
| Benchmarks | |||||||
| ROA, Competitors2 | |||||||
| Ford Motor Co. | — | — | — | — | — | — | |
| General Motors Co. | — | — | — | — | — | — | |
| Tesla Inc. | — | — | — | — | — | — | |
Based on: 20-F (reporting date: 2015-03-31), 20-F (reporting date: 2014-03-31), 20-F (reporting date: 2013-03-31), 20-F (reporting date: 2012-03-31), 20-F (reporting date: 2011-03-31), 20-F (reporting date: 2010-03-31).
1 2015 Calculation
ROA = 100 × Net income attributable to Toyota Motor Corporation ÷ Total assets
= 100 × 18,117 ÷ 397,881 = 4.55%
2 Click competitor name to see calculations.
| Profitability ratio | Description | The company |
|---|---|---|
| ROA | A profitability ratio calculated as net income divided by total assets. | Toyota Motor Corp. ROA improved from 2013 to 2014 and from 2014 to 2015. |