Toyo Tire Past Earnings Performance

Past criteria checks 4/6

Toyo Tire has been growing earnings at an average annual rate of 31.7%, while the Auto Components industry saw earnings growing at 31.4% annually. Revenues have been growing at an average rate of 11.5% per year. Toyo Tire's return on equity is 16.2%, and it has net margins of 12.5%.

Key information

31.7%

Earnings growth rate

31.5%

EPS growth rate

Auto Components Industry Growth17.3%
Revenue growth rate11.5%
Return on equity16.2%
Net Margin12.5%
Next Earnings Update14 Feb 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Toyo Tire makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

DB:TYR Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24564,21270,701135,8050
30 Jun 24560,86985,156135,3040
31 Mar 24551,22284,448133,6300
31 Dec 23552,82572,273139,6120
30 Sep 23556,00459,956147,1850
30 Jun 23539,00346,048155,4080
31 Mar 23524,60041,042159,3820
31 Dec 22497,21347,956153,9300
30 Sep 22461,26957,252145,2560
30 Jun 22430,92251,707130,2450
31 Mar 22407,67646,994117,4680
31 Dec 21393,64741,350107,9600
30 Sep 21379,74930,55798,2320
30 Jun 21379,57031,83592,7370
31 Mar 21349,41421,69487,4310
31 Dec 20343,76411,68286,9110
30 Sep 20346,63420,24188,4520
30 Jun 20349,48517,48189,6470
31 Mar 20369,40820,98893,1560
31 Dec 19377,45724,48292,3740
30 Sep 19385,81813,52187,9750
30 Jun 19386,04011,00687,4340
31 Mar 19389,6229,45886,8630
31 Dec 18393,22010,55387,4950
30 Sep 18394,80415,05687,8250
30 Jun 18398,69611,46888,1280
31 Mar 18400,66216,32687,9710
31 Dec 17404,99915,47687,4310
30 Sep 17397,944-8,16384,5400
30 Jun 17387,237-3,33583,7170
31 Mar 17384,384-6,44182,6140
31 Dec 16381,635-12,26082,7950
30 Sep 16385,76813,57685,9010
30 Jun 16399,8267,98186,7990
31 Mar 16407,2354,79887,1450
31 Dec 15407,7891,67486,2390
30 Sep 15407,4633,41584,5010
30 Jun 15400,86211,81583,0770
31 Mar 15393,65819,09682,5120
31 Dec 14393,78231,24081,5280
30 Sep 14389,31128,95880,3410
30 Jun 14384,46117,83178,5720
31 Mar 14382,69016,44377,4220
31 Dec 13370,21811,59675,0260

Quality Earnings: TYR has high quality earnings.

Growing Profit Margin: TYR's current net profit margins (12.5%) are higher than last year (10.8%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: TYR's earnings have grown significantly by 31.7% per year over the past 5 years.

Accelerating Growth: TYR's earnings growth over the past year (17.9%) is below its 5-year average (31.7% per year).

Earnings vs Industry: TYR earnings growth over the past year (17.9%) exceeded the Auto Components industry -14.6%.


Return on Equity

High ROE: TYR's Return on Equity (16.2%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 14:40
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Toyo Tire Corporation is covered by 22 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Takafumi MiuraBarclays
Kentaro HosodaBofA Global Research
Arifumi YoshidaCitigroup Inc