Honda Motor Co., Ltd.

NYSE:HMC Stock Report

Market Cap: US$38.8b

Honda Motor Past Earnings Performance

Past criteria checks 2/6

Honda Motor has been growing earnings at an average annual rate of 9%, while the Auto industry saw earnings declining at 0.4% annually. Revenues have been growing at an average rate of 12% per year. Honda Motor's return on equity is 5.9%, and it has net margins of 3%.

Key information

9.02%

Earnings growth rate

11.64%

EPS growth rate

Auto Industry Growth23.94%
Revenue growth rate12.01%
Return on equity5.92%
Net Margin3.03%
Last Earnings Update30 Sep 2025

Recent past performance updates

Recent updates

Honda: The Good And The Bad From Recent Results

Nov 10

Honda: Tariff Impact Not Priced In (Rating Downgrade)

Mar 28

Honda Innovates To Overcome Uncertain Battery Electric Vehicle (BEV) Demand

Feb 10

Honda And Nissan's $58 Billion Merger Warrants Cautionary Approach From Investors

Jan 09

Crisis In Japanese Car Industry: Honda And Nissan To Merge?

Dec 19

Honda Motor: A Cheap Price For A Strong Earner

Sep 05

Honda Motor Co. Is Priced At A Steep Discount To Intrinsic Value

Apr 09

Honda Motors: Buybacks Continue, Major U.S. Contribution In The Mix

Feb 24

Honda: R&D In EV Initiatives, Expecting Recovery In 2024, And Very Cheap

Dec 28

Charging Forward: Honda's Strategy For Sustained Growth

Oct 16

Honda Motor: Stable Prospects But Auto Segment A Question Mark

Sep 25

Honda: Bumpy Road To A Sustainable Future

Jul 18

Honda Motor reports Q3 results, updates FY23 sales outlook

Feb 10

American Honda reports double digit sales growth in January

Feb 01

LG Energy Solution and Honda enter JV for battery production

Jan 13

Honda Vs. Tesla: Buy Deep Value Or Buy The Future?

Jan 03

Honda Motor reports FQ2 results; raises FY23 earnings guidance

Nov 09

American Honda October sales down 16% Y/Y

Nov 01

Honda Motor to cut car output by 40% at two Japanese plants in October

Oct 06

Honda Motor to cut production by 40% at two Japanese plants in early October

Sep 22

American Honda August sales down 37.7% Y/Y

Sep 01

Honda Motor to cut production by 40% in Japan due to supply chain disruptions

Aug 25

Honda Motor GAAP EPS of ¥87.23, revenue of ¥3829.55B; raises FY23 guidance

Aug 10

American Honda July sales down 47% Y/Y

Aug 02

Revenue & Expenses Breakdown

How Honda Motor makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

NYSE:HMC Revenue, expenses and earnings (JPY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2521,523,834652,9832,352,4381,205,190
30 Jun 2521,624,177637,8472,388,9211,176,543
31 Mar 2521,688,767835,8372,351,0111,099,482
31 Dec 2421,758,0351,042,8282,192,4011,038,453
30 Sep 2421,617,023985,5562,244,764997,975
30 Jun 2421,208,6641,138,7652,197,632941,554
31 Mar 2420,428,8021,107,1742,106,539923,627
31 Dec 2319,383,727937,8562,081,760910,393
30 Sep 2318,431,813929,2031,912,004903,946
30 Jun 2317,703,171865,2661,713,038897,279
31 Mar 2316,907,725651,4161,669,908880,915
31 Dec 2216,399,173708,0671,513,378825,598
30 Sep 2215,649,772656,3721,445,660809,565
30 Jun 2214,798,376633,7741,371,044791,421
31 Mar 2214,552,696707,0671,326,485787,056
31 Dec 2114,300,819795,4921,282,764801,284
30 Sep 2114,383,603886,5831,334,139768,418
30 Jun 2114,630,614960,8081,343,489753,206
31 Mar 2113,170,519657,4251,331,728738,894
31 Dec 2013,004,773414,5601,482,210725,126
30 Sep 2012,980,797246,9411,480,839788,019
30 Jun 2013,058,531202,5731,539,394797,185
31 Mar 2014,931,009455,7461,641,590804,123
31 Dec 1915,522,066472,2651,671,981811,397
30 Sep 1915,748,128524,0711,736,889777,501
30 Jun 1915,860,737538,2881,798,684786,359
31 Mar 1915,888,617610,3161,762,891806,905
31 Dec 1815,754,228731,0841,749,457794,499
30 Sep 1815,737,6961,133,0971,727,824780,270
30 Jun 1815,672,1831,096,3321,698,245767,981
31 Mar 1815,361,1461,059,3371,721,412751,856
31 Dec 1715,209,8521,047,5511,722,413780,456
30 Sep 1714,753,797646,1151,679,846770,136
30 Jun 1714,240,566649,2051,634,372700,138
31 Mar 1713,999,200616,5691,622,597716,871
31 Dec 1613,873,322535,9821,724,300650,507
30 Sep 1614,009,810382,5381,941,603655,456
30 Jun 1614,368,119333,1932,036,049676,724
31 Mar 1614,601,151344,5312,108,874656,502
31 Dec 1514,998,675413,6691,906,349608,212
30 Sep 1514,651,083534,8131,808,119594,742
30 Jun 1514,044,582548,9601,746,198608,370
31 Mar 1513,328,099509,4351,720,550606,162
31 Dec 1412,390,265595,4341,796,500657,057

Quality Earnings: HMC has high quality earnings.

Growing Profit Margin: HMC's current net profit margins (3%) are lower than last year (4.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HMC's earnings have grown by 9% per year over the past 5 years.

Accelerating Growth: HMC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HMC had negative earnings growth (-33.7%) over the past year, making it difficult to compare to the Auto industry average (-16.2%).

Return on Equity

High ROE: HMC's Return on Equity (5.9%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/11/28 16:03
End of Day Share Price 2025/11/26 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

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.

Analysis Model and Snowflake

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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 Github.

Analyst Sources

Honda Motor Co., Ltd. is covered by 34 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kei NihonyanagiBarclays
Shiro SakamakiBofA Global Research
Arifumi YoshidaCitigroup Inc