TM
Toyota Motor Corporation
TM's fundamentals are mixed: revenue grew 8.6%, but its operating margin fell 3 points to 7%. Its PE isn't a useful guide right now because of how its recent earnings were reported.
TM Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Under pressure | |
| Weak |
TM's profitability is currently healthy, and its revenue is stable, but its cash flow and balance sheet are under pressure.
TM PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 7.9x | $175 | -16% |
| Current | 9.4x | $210 | — |
| Fair | 10x | $225 | +7.5% |
| Expensive | 13x | $290 | +38% |
Historical ranges are pointers, not guarantees.
TM's PE is 9.4x, but its earnings don't support one, so it isn't a reliable read right now.
TM Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Improving | |
| Limited | |
| Moderate |
Analysts expect TM's earnings to grow and its profitability to improve, with its revenue holding steady.
TM Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $22.31 | +9.3% |
| Q1 2026 | $18.69 | -17% |
| Q4 2025 | $17.86 | -26% |
| Q3 2025 | $22.19 | +12% |
| Q2 2025 | $20.41 | -12% |
| Q1 2025 | $22.57 | -1.6% |
| Q4 2024 | $24.03 | +15% |
| Q3 2024 | $19.86 | +11% |
TM earned $22.31 per share over the past year, up 9.3% from the year before.
TM Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $85.9B | +12% |
| Q1 2026 | $80.4B | +3.8% |
| Q4 2025 | $85.9B | +11% |
| Q3 2025 | $77.6B | +8.2% |
| Q2 2025 | $76.8B | +3.5% |
| Q1 2025 | $77.5B | +12% |
| Q4 2024 | $77.7B | +2.9% |
| Q3 2024 | $71.7B | +0.1% |
TM's revenue has grown year over year for 18 quarters in a row: $85.9B last quarter, up 12% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 7.9% | -1.7 points |
| Q1 2026 | 4.5% | -4.5 points |
| Q4 2025 | 8.8% | -1 points |
| Q3 2025 | 6.8% | -3.3 points |
| Q2 2025 | 9.5% | -1.5 points |
| Q1 2025 | 9% | -1 points |
| Q4 2024 | 9.8% | -4.2 points |
| Q3 2024 | 10% | -2.5 points |
TM's operating margin was 7.9% last quarter, down 1.7 points from the same quarter a year ago.
TM Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$4.8B | -221% |
| Q1 2026 | $1.5B | +153% |
| Q4 2025 | -$3.1B | +$320.6M |
| Q3 2025 | -$1.3B | +$610.4M |
| Q2 2025 | $4B | +$4B |
| Q1 2025 | $592.5M | +$592.7M |
| Q4 2024 | -$3.4B | +$1.1B |
| Q3 2024 | -$1.9B | -$637.3M |
TM has burned cash in most quarters: −$7.7B over the past year, against −$711M the year before.
TM Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -6.1% | -79.5M shares |
| 1 year | -6.1% | -79.4M shares |
| 3 years | -9.7% | -132M shares |
| 5 years | -12% | -174M shares |
| Available history | -14% | -202M shares |
TM has 1.2B diluted shares, down 6.1% from a year ago, with $22.9B in buybacks over the past year.
| Quarter | Spent |
|---|---|
| Q2 2026 | $22.9B |
| Q1 2026 | $50,144 |
| Q4 2025 | $50,144 |
| Q3 2025 | $37,608 |
| Q2 2025 | $250.4M |
| Q1 2025 | $835.4M |
| Q4 2024 | $891.9M |
| Q3 2024 | $5.5B |
TM spent $22.9B buying back its own shares over the past year, about three times what it spent the year before.
TM Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 4.5x | High |
| Q1 2026 | 4.1x | High |
| Q4 2025 | 4.7x | High |
| Q3 2025 | 3.8x | Elevated |
| Q2 2025 | 3.7x | Elevated |
| Q1 2025 | 3.4x | Elevated |
| Q4 2024 | 3.3x | Elevated |
| Q3 2024 | 3.4x | Elevated |
TM's net debt is about 4.5 years of its operating earnings (EBITDA), up from 3.7 years a year ago.
TM Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 60.2 | Neutral |
| Stochastic | 77.3 | Neutral |
TM's weekly RSI is 60 (neutral) and its Stochastic is 77 (neutral).
TM PE vs Consumer Cyclical Sector
| Metric | TM | Sector median | Relative |
|---|---|---|---|
| PE | 9.4x | 18x | 48% below |
| PE % | 35 | 47 | 12 pts below |
TM is trading at 9.4x earnings, a 48% discount to the Consumer Cyclical sector's median of 18x, though its earnings don't support one.
TM Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $196.3 | 6.8% above |
| 20 week MA | $191.3 | 9.6% above |
| 50 week MA | $201.5 | 4% above |
| 100 week MA | $194.5 | 7.8% above |
| 200 week MA | $187.8 | 12% above |
TM is in an uptrend: it's above all five of its weekly moving averages, and 12% above its 200-week average.
TM Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $141.3 | $150.5 | +6.5% |
| 2021 | $150.5 | $183.8 | +22% |
| 2022 | $183.8 | $137.1 | -25% |
| 2023 | $137.1 | $183.4 | +34% |
| 2024 | $183.4 | $199.5 | +8.8% |
| 2025 | $199.5 | $216.6 | +8.6% |
| 2026 YTD | $216.6 | $209.7 | -3.2% |
TM has finished higher in five of the last six years. It's down 3.2% so far in 2026.