TM · NYSE · Auto - Manufacturers

Toyota Motor (ADR) (TM)

Builds Toyota and Lexus vehicles through a region-specific mix of powertrains and financing.

$191.60
vs last close−0.46 (−0.24%)
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Toyota Motor CorporationTM
Consumer Discretionary

Sells Toyota and Lexus vehicles across combustion, hybrid, plug-in hybrid, battery-electric, and fuel-cell powertrains, alongside vehicle financing and other operations. A global manufacturing footprint runs on the Toyota Production System, while powertrain choices vary by regional infrastructure, regulation, and customer use.

Builds Toyota and Lexus vehicles across internal-combustion, hybrid, plug-in hybrid, battery-electric, and fuel-cell powertrains. Automotive operations are paired with Financial Services and All Other operations, and products are sold across global markets.

Applies the Toyota Production System through jidoka, Just-in-Time production, and kaizen to expose abnormalities, reduce waste, and shorten lead times. Prius turned internally developed hybrid components into a platform extended across the model range, while the current multi-pathway strategy varies powertrains by regional energy systems, infrastructure, regulation, and customer use.

Vehicle demand, product mix, supply networks, safety, emissions, and certification execution remain central dependencies. Arene is the planned software foundation for evolving vehicle functions, while recent certification cases show that operating principles do not guarantee uniform execution across Toyota-group entities.

Company facts

CEOKenta Kon
ListedSep 29, 1999
ExchangeNYSE
HeadquartersToyota City, Aichi
CountryJapan
Employees390,927
CIK0001094517
ISINUS8923313071

Market cap$227.43B
EPS (ttm)$22.53
P/E (ttm)8.52
ROE11.8%
P/B0.9691
P/S0.6827
Dividend yieldDiv yield3.12%
Beta0.90vs XLY 0.35

Price target$179.41−6.6%Average of 16 analysts
ConsensusHold10 of 16 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Nov 7, 2025Freedom BrokerDowngrade
Rating: Buy
Rating: Hold
Feb 4, 2025MacquarieUpgrade
Rating: Neutral
Rating: Outperform

Next report
Nov 4, 26
in 42 days
EPS estimate
$3.37
Revenue estimate
$84.74B
Fiscal quarter
Q2 FY27

EPSReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$9.98$3.39$4.47$4.85$6.26$4.00$7.57Pending
Estimate$4.36$2.92$4.67$3.36$4.35$3.11$4.68$3.37
Surprise+128.9%+16.1%−4.3%+44.3%+43.9%+28.6%+61.8%

RevenueReportedEstimate

Feb '25May '25Aug '25Nov '25Feb '26May '26Aug '26Nov '26
Reported$78.81B$85.25B$84.61B$82.49B$85.79B$80.43B$85.83BPending
Estimate$79.26B$81.41B$82.44B$80.89B$82.99B$79.57B$80.67B$84.74B
Surprise−0.6%+4.7%+2.6%+2.0%+3.4%+1.1%+6.4%
Estimate$3.37
ReportedDue Nov 4, 2026
Estimate$84.74B
ReportedDue Nov 4, 2026
View details

Debt to equity117.80%
Current ratio116.90%

ProfitabilityRevenueNet incomeNet margin

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue$72.35B$78.33B$78.16B$77.46B$78.25B$86.61B$81.10B$86.63B
Net income$3.63B$13.87B$4.20B$5.32B$5.89B$8.09B$5.26B$9.46B
Net margin5.0%17.7%5.4%6.9%7.5%9.3%6.5%10.9%

GrowthOperating income

Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Operating income$7.31B$7.68B$7.06B$7.37B$5.31B$7.67B$3.67B$6.81B
YoY growth−19.6%−27.7%+0.3%−10.9%−27.4%−0.2%−48.0%−7.6%

Balance sheet, Jun 30, 2026Cash & short-term investments $64.95B · Total debt $276.02B · Total assets $644.54B · Shareholders' equity $234.30B

Revenue
$86.63B
Operating income
$6.81B
Net income
$9.46B

Reported in JPY, converted at the latest exchange rate

View details

Dividend yield
3.12%
Next ex-date
Sep 30, 26
estimated · in 7 days
Annual dividend
$6.00
per share
Schedule
Semi-annual
2 payments a year

HistoryDividendAnnual yield

Sep '22Mar '23Sep '23Mar '24Sep '24Mar '25Sep '25Mar '26
Dividend$1.7621$2.4959$2.0026$2.5495$2.6008$3.4569$2.8673$3.1333
Annual yield2.96%3.05%2.47%1.81%2.88%3.43%3.31%2.91%
Ex-dateSep 29Mar 30Sep 28Mar 27Sep 30Mar 31Sep 30Mar 31
Payment dateDec 7Jun 6Dec 4Jun 3Dec 6Jun 5Dec 8Jun 8
View details

Institutions2.19%25.97M ADS
663 holders · as of Jun 30, 2026
Insiders0.19%2.22M ADS
18 holders · as of Aug 27, 2026
Other97.62%1.16B ADS
remainder

1.18B ADS (1 ADS = 12 ordinary shares) as of Sep 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing

Two share counts disagree (1.09B in the company's Sep 23, 2026 report, 1.18B elsewhere); stakes use the report.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Fisher Asset Management, LLCInstitution
0.61%7.20M ADSas of Jun 30, 2026
Morgan StanleyInstitution
0.21%2.46M ADSas of Jun 30, 2026
Akio ToyodaInsiderdirector
0.17%24.47M ordinaryfiled Jul 28, 2026
FMR LLCInstitution
0.12%1.38M ADSas of Jun 30, 2026
Goldman Sachs Group IncInstitution
0.09%1.12M ADSas of Jun 30, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Aug 5, 2026Kenta Kondirector, officer: President+85,000$18.41
Jun 17, 2026Koji Satoofficer: Vice Chairman−88,600$17.83
View details

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Compare

CompanyPriceChange
Toyota Motor (ADR)$191.60−0.24%$227.43B8.514.70.7+1.4%
General Motors$83.58+0.16%$75.48B42.15.90.4+1.9%
Honda (ADR)$32.26−0.51%$42.07B36.50.3+3.9%
Ford$12.97−1.03%$52.24B7.30.3−3.8%
Stellantis$4.73−2.07%$13.98B−43.2%
Tesla$381.05+0.57%$1.50T350.8184.914.4+25.5%
Median196.521.90.4+1.9%