HMC
Honda Motor Co Ltd ADR
NYSE: HMC · CONSUMER CYCLICAL · AUTO MANUFACTURERS
$24.34
+1.42% today
Updated 2026-04-30
Market cap
$31.62B
P/E ratio
10.33
P/S ratio
0.00x
EPS (TTM)
$2.36
Dividend yield
5.70%
52W range
$23 – $33
Volume
1.7M
Honda Motor Co Ltd ADR (HMC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9.91T | $11.09T | $11.97T | $10.01T | $8.58T | $8.94T | $7.95T | $9.88T | $11.84T | $12.65T | $14.60T | $14.00T | $15.36T | $15.89T | $14.93T | $13.17T | $14.55T | $16.91T | $20.43T | $21.69T |
| Revenue growth (YoY) | — | +11.9% | +7.9% | -16.4% | -14.3% | +4.2% | -11.1% | +24.3% | +19.9% | +6.8% | +15.5% | -4.1% | +9.7% | +3.4% | -6.0% | -11.8% | +10.5% | +16.2% | +20.8% | +6.2% |
| Cost of revenue | $7.01T | $7.87T | $8.52T | $7.42T | $6.41T | $6.50T | $5.92T | $7.35T | $8.76T | $9.45T | $11.33T | $10.87T | $12.00T | $12.58T | $11.85T | $10.44T | $11.57T | $13.58T | $16.02T | $17.02T |
| Gross profit | $2.90T | $3.22T | $3.45T | $2.59T | $2.16T | $2.44T | $2.03T | $2.53T | $3.08T | $3.19T | $3.27T | $3.13T | $3.36T | $3.31T | $3.08T | $2.73T | $2.98T | $3.33T | $4.41T | $4.66T |
| Gross margin | 29.2% | 29.1% | 28.8% | 25.9% | 25.2% | 27.3% | 25.5% | 25.6% | 26.0% | 25.3% | 22.4% | 22.4% | 21.9% | 20.8% | 20.6% | 20.7% | 20.5% | 19.7% | 21.6% | 21.5% |
| R&D | $510.36B | $551.87B | $586.30B | $563.20B | $463.35B | $487.59B | $519.82B | $560.27B | $598.37B | $606.16B | $656.50B | $691.43B | $751.86B | $806.90B | $804.12B | $738.89B | $787.06B | $880.91B | $923.63B | $1.10T |
| SG&A | $1.66T | $1.82T | $1.91T | $1.84T | $1.34T | $1.38T | $1.28T | $1.43T | $1.70T | $1.72T | $2.11T | $1.60T | $1.78T | $1.77T | $1.64T | $1.33T | $1.33T | $1.61T | $2.11T | $2.35T |
| Operating income | $868.76B | $851.96B | $950.34B | $189.64B | $363.77B | $569.77B | $231.36B | $544.81B | $823.86B | $670.60B | $503.38B | $840.71B | $833.56B | $726.37B | $633.64B | $660.21B | $871.23B | $780.77B | $1.38T | $1.21T |
| Operating margin | 8.8% | 7.7% | 7.9% | 1.9% | 4.2% | 6.4% | 2.9% | 5.5% | 7.0% | 5.3% | 3.4% | 6.0% | 5.4% | 4.6% | 4.2% | 5.0% | 6.0% | 4.6% | 6.8% | 5.6% |
| EBITDA | $1.13T | $1.22T | $1.47T | $821.92B | $978.42B | $1.20T | $798.54B | $1.09T | $1.53T | $1.45T | $1.31T | $2.36T | $2.58T | $2.46T | $2.28T | $2.08T | $2.36T | $1.64T | $2.50T | $2.12T |
| EBITDA margin | 11.4% | 11.0% | 12.3% | 8.2% | 11.4% | 13.5% | 10.0% | 11.1% | 13.0% | 11.5% | 9.0% | 16.8% | 16.8% | 15.5% | 15.2% | 15.8% | 16.2% | 9.7% | 12.2% | 9.8% |
| EBIT | $868.76B | $851.96B | $950.34B | $184.28B | $348.75B | $639.02B | $267.78B | $501.05B | $946.71B | $824.43B | $653.60B | $1.02T | $1.13T | $992.59B | $814.61B | $655.20B | $884.54B | $915.68B | $1.70T | $1.37T |
| Interest expense | $0.00 | $0.00 | $0.00 | $22.54B | $12.55B | $8.47B | $10.38B | $12.16B | $12.70B | $16.60B | $18.15B | $12.47B | $12.97B | $13.22B | $227.08M | $130.84M | $16.87B | $36.11B | $59.63B | $54.91B |
| Income tax | $317.21B | $283.83B | $386.28B | $109.83B | $146.87B | $206.83B | $135.74B | $178.98B | $267.99B | $245.14B | $229.09B | $327.59B | $-13.67B | $303.09B | $279.99B | $218.61B | $309.49B | $162.26B | $459.79B | $414.61B |
| Effective tax rate | 34.7% | 32.4% | 39.2% | 44.5% | 35.4% | 27.9% | 39.1% | 32.8% | 30.0% | 32.5% | 39.9% | 34.7% | -1.3% | 33.2% | 38.1% | 25.0% | 30.4% | 19.9% | 29.3% | 33.2% |
| Net income | $596.99B | $592.40B | $598.27B | $137.00B | $268.40B | $534.09B | $211.48B | $367.15B | $624.70B | $509.44B | $344.53B | $616.57B | $1.06T | $610.32B | $455.75B | $657.42B | $707.07B | $651.42B | $1.11T | $835.84B |
| Net income growth (YoY) | — | -0.8% | +1.0% | -77.1% | +95.9% | +99.0% | -60.4% | +73.6% | +70.1% | -18.5% | -32.4% | +79.0% | +71.8% | -42.4% | -25.3% | +44.3% | +7.6% | -7.9% | +70.0% | -24.5% |
| Profit margin | 6.0% | 5.3% | 5.0% | 1.4% | 3.1% | 6.0% | 2.7% | 3.7% | 5.3% | 4.0% | 2.4% | 4.4% | 6.9% | 3.8% | 3.1% | 5.0% | 4.9% | 3.9% | 5.4% | 3.9% |