Toyota Motor Corp
Toyota Motor Corporation designs, manufactures, assembles, and sells passenger vehicles, minivans and commercial vehicles, and related parts and accessories in Japan, North America, Europe, Asia, Central and South America, Oceania, Africa, the Middle East, and internationally. It operates through Automotive, Financial Services, and All Other segments. The company offers subcompact and compact car… Read more
Toyota Motor Corp (TOYOF) - Net Assets
Latest net assets as of December 2025: $40.03 Trillion USD
Based on the latest financial reports, Toyota Motor Corp (TOYOF) has net assets worth $40.03 Trillion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($102.43 Trillion) and total liabilities ($62.41 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $40.03 Trillion |
| % of Total Assets | 39.08% |
| Annual Growth Rate | 6.58% |
| 5-Year Change | 51.84% |
| 10-Year Change | 109.44% |
| Growth Volatility | 7.09 |
Toyota Motor Corp - Net Assets Trend (1989–2025)
This chart illustrates how Toyota Motor Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Toyota Motor Corp (1989–2025)
The table below shows the annual net assets of Toyota Motor Corp from 1989 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $36.88 Trillion | +4.65% |
| 2024-03-31 | $35.24 Trillion | +20.42% |
| 2023-03-31 | $29.26 Trillion | +7.77% |
| 2022-03-31 | $27.15 Trillion | +11.80% |
| 2021-03-31 | $24.29 Trillion | +13.82% |
| 2020-03-31 | $21.34 Trillion | +6.34% |
| 2019-03-31 | $20.07 Trillion | +3.28% |
| 2018-03-31 | $19.43 Trillion | +6.86% |
| 2017-03-31 | $18.18 Trillion | +3.26% |
| 2016-03-31 | $17.61 Trillion | -0.22% |
| 2015-03-31 | $17.65 Trillion | +15.96% |
| 2014-03-31 | $15.22 Trillion | +19.15% |
| 2013-03-31 | $12.77 Trillion | +15.42% |
| 2012-03-31 | $11.07 Trillion | +1.34% |
| 2011-03-31 | $10.92 Trillion | -0.10% |
| 2010-03-31 | $10.93 Trillion | +3.11% |
| 2009-03-31 | $10.60 Trillion | -14.96% |
| 2008-03-31 | $12.47 Trillion | +0.21% |
| 2007-03-31 | $12.44 Trillion | +11.35% |
| 2006-03-31 | $11.17 Trillion | +17.16% |
| 2005-03-31 | $9.54 Trillion | +12.09% |
| 2004-03-31 | $8.51 Trillion | +16.56% |
| 2003-03-31 | $7.30 Trillion | -3.15% |
| 2002-03-31 | $7.54 Trillion | +1.95% |
| 2001-03-31 | $7.39 Trillion | +7.52% |
| 2000-03-31 | $6.88 Trillion | +1.75% |
| 1999-03-31 | $6.76 Trillion | +9.67% |
| 1998-03-31 | $6.16 Trillion | +7.33% |
| 1997-03-31 | $5.74 Trillion | +5.44% |
| 1996-03-31 | $5.44 Trillion | +5.01% |
| 1995-03-31 | $5.18 Trillion | +6.82% |
| 1994-03-31 | $4.85 Trillion | +1.73% |
| 1993-03-31 | $4.77 Trillion | +0.58% |
| 1992-03-31 | $4.74 Trillion | +3.03% |
| 1991-03-31 | $4.60 Trillion | +8.15% |
| 1990-03-31 | $4.26 Trillion | +14.53% |
| 1989-03-31 | $3.72 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Toyota Motor Corp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 989.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $35.84 Trillion | 99.77% |
| Common Stock | $397.05 Billion | 1.11% |
| Other Comprehensive Income | $3.61 Trillion | 10.05% |
| Total Equity | $35.92 Trillion | 100.00% |
Toyota Motor Corp Competitors by Market Cap
The table below lists competitors of Toyota Motor Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
American Express Company
NYSE:AXP
|
$157.06 Billion |
|
China Merchants Bank Co Ltd
PINK:CIHKY
|
$157.57 Billion |
|
Iberdrola SA
PINK:IBDRY
|
$157.92 Billion |
|
The Walt Disney Company
F:WDP
|
$158.63 Billion |
|
Amphenol Corporation
NYSE:APH
|
$156.10 Billion |
|
Charles Schwab Corp
NYSE:SCHW
|
$156.04 Billion |
|
Siemens AG Class N
PINK:SMAWF
|
$155.24 Billion |
|
The Boeing Company
NYSE:BA
|
$155.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Toyota Motor Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 34,220,991,000,000 to 35,924,826,000,000, a change of 1,703,835,000,000 (5.0%).
- Net income of 4,765,086,000,000 contributed positively to equity growth.
- Dividend payments of 1,132,329,000,000 reduced retained earnings.
- Share repurchases of 1,179,043,000,000 reduced equity.
- Other comprehensive income decreased equity by 893,623,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.77 Trillion | +13.26% |
| Dividends Paid | $1.13 Trillion | -3.15% |
| Share Repurchases | $1.18 Trillion | -3.28% |
| Other Comprehensive Income | $-893.62 Billion | -2.49% |
| Other Changes | $143.74 Billion | +0.4% |
| Total Change | $- | 4.98% |
Book Value vs Market Value Analysis
This analysis compares Toyota Motor Corp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-03-31 | $214.36 | $16.01 | x |
| 1990-03-31 | $241.05 | $16.01 | x |
| 1991-03-31 | $236.95 | $16.01 | x |
| 1992-03-31 | $244.60 | $16.01 | x |
| 1993-03-31 | $247.65 | $16.01 | x |
| 1994-03-31 | $256.97 | $16.01 | x |
| 1995-03-31 | $266.30 | $16.01 | x |
| 1996-03-31 | $274.78 | $16.01 | x |
| 1997-03-31 | $294.97 | $16.01 | x |
| 1998-03-31 | $333.06 | $16.01 | x |
| 1999-03-31 | $347.99 | $16.01 | x |
| 2000-03-31 | $356.91 | $16.01 | x |
| 2001-03-31 | $385.64 | $16.01 | x |
| 2002-03-31 | $396.44 | $16.01 | x |
| 2003-03-31 | $393.35 | $16.01 | x |
| 2004-03-31 | $476.04 | $16.01 | x |
| 2005-03-31 | $547.91 | $16.01 | x |
| 2006-03-31 | $650.26 | $16.01 | x |
| 2007-03-31 | $735.50 | $16.01 | x |
| 2008-03-31 | $743.25 | $16.01 | x |
| 2009-03-31 | $640.81 | $16.01 | x |
| 2010-03-31 | $660.69 | $16.01 | x |
| 2011-03-31 | $658.95 | $16.01 | x |
| 2012-03-31 | $671.21 | $16.01 | x |
| 2013-03-31 | $767.09 | $16.01 | x |
| 2014-03-31 | $912.57 | $16.01 | x |
| 2015-03-31 | $1062.38 | $16.01 | x |
| 2016-03-31 | $1065.01 | $16.01 | x |
| 2017-03-31 | $1146.32 | $16.01 | x |
| 2018-03-31 | $1251.25 | $16.01 | x |
| 2019-03-31 | $1364.12 | $16.01 | x |
| 2020-03-31 | $1409.73 | $16.01 | x |
| 2021-03-31 | $1647.50 | $16.01 | x |
| 2022-03-31 | $1889.88 | $16.01 | x |
| 2023-03-31 | $2074.82 | $16.01 | x |
| 2024-03-31 | $2532.48 | $16.01 | x |
| 2025-03-31 | $2710.81 | $16.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Toyota Motor Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.26%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.92%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.61x
- Recent ROE (13.26%) is above the historical average (8.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | 9.33% | 4.32% | 1.12x | 1.93x | $-24.75 Billion |
| 1990 | 10.42% | 4.80% | 1.09x | 1.99x | $17.73 Billion |
| 1991 | 9.42% | 4.38% | 1.10x | 1.96x | $-26.38 Billion |
| 1992 | 5.04% | 2.34% | 1.06x | 2.03x | $-234.10 Billion |
| 1993 | 3.71% | 1.73% | 1.08x | 1.98x | $-298.66 Billion |
| 1994 | 2.60% | 1.34% | 0.97x | 2.00x | $-356.86 Billion |
| 1995 | 2.63% | 1.62% | 0.78x | 2.07x | $-377.36 Billion |
| 1996 | 4.83% | 2.40% | 0.95x | 2.13x | $-277.58 Billion |
| 1997 | 6.80% | 3.15% | 0.96x | 2.24x | $-181.45 Billion |
| 1998 | 7.19% | 3.71% | 0.84x | 2.30x | $-170.44 Billion |
| 1999 | 6.78% | 3.54% | 0.81x | 2.38x | $-211.53 Billion |
| 2000 | 6.97% | 3.79% | 0.77x | 2.38x | $-202.59 Billion |
| 2001 | 9.54% | 5.14% | 0.77x | 2.40x | $-33.44 Billion |
| 2002 | 7.66% | 3.89% | 0.74x | 2.66x | $-169.39 Billion |
| 2003 | 10.54% | 4.84% | 0.77x | 2.83x | $38.07 Billion |
| 2004 | 14.21% | 6.72% | 0.78x | 2.69x | $339.52 Billion |
| 2005 | 12.95% | 6.31% | 0.76x | 2.69x | $266.42 Billion |
| 2006 | 12.99% | 6.52% | 0.73x | 2.72x | $316.75 Billion |
| 2007 | 13.89% | 6.87% | 0.74x | 2.75x | $459.58 Billion |
| 2008 | 14.54% | 6.57% | 0.81x | 2.73x | $536.60 Billion |
| 2009 | -4.34% | -2.13% | 0.71x | 2.89x | $-1.44 Trillion |
| 2010 | 2.02% | 1.11% | 0.62x | 2.93x | $-826.52 Billion |
| 2011 | 3.95% | 2.15% | 0.64x | 2.89x | $-625.05 Billion |
| 2012 | 2.69% | 1.53% | 0.61x | 2.91x | $-771.47 Billion |
| 2013 | 7.92% | 4.36% | 0.62x | 2.92x | $-252.64 Billion |
| 2014 | 12.60% | 7.10% | 0.62x | 2.86x | $376.20 Billion |
| 2015 | 12.95% | 7.98% | 0.57x | 2.84x | $494.52 Billion |
| 2016 | 13.81% | 8.14% | 0.60x | 2.83x | $638.00 Billion |
| 2017 | 10.45% | 6.64% | 0.57x | 2.78x | $79.63 Billion |
| 2018 | 13.31% | 8.49% | 0.58x | 2.69x | $620.38 Billion |
| 2019 | 9.46% | 6.23% | 0.58x | 2.61x | $-107.84 Billion |
| 2020 | 10.15% | 6.80% | 0.55x | 2.69x | $30.08 Billion |
| 2021 | 9.59% | 8.25% | 0.44x | 2.66x | $-95.19 Billion |
| 2022 | 10.86% | 9.08% | 0.46x | 2.58x | $225.51 Billion |
| 2023 | 8.65% | 6.60% | 0.50x | 2.62x | $-382.55 Billion |
| 2024 | 14.45% | 10.97% | 0.50x | 2.63x | $1.52 Trillion |
| 2025 | 13.26% | 9.92% | 0.51x | 2.61x | $1.17 Trillion |
Industry Comparison
This section compares Toyota Motor Corp's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $15,999,490,550
- Average return on equity (ROE) among peers: -29.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Toyota Motor Corp (TOYOF) | $40.03 Trillion | 9.33% | 1.56x | $156.23 Billion |
| Thunder Power Holdings, Inc. (AIEV) | $-604.50K | 0.00% | 0.00x | $710.14K |
| Robo.ai Inc. (AIIO) | $10.17K | -145.77% | 13.28x | $20.90 Million |
| Aston Martin Lagonda Global Holdings plc (AMGDF) | $772.50 Million | -68.31% | 3.02x | $289.13 Million |
| Arrival (ARVLF) | $221.31 Million | 0.01% | 0.04x | $803.89 |
| AYRO Inc (AYRO) | $73.42 Million | -45.13% | 0.06x | $4.36 Million |
| Bayerische Motoren Werke Aktiengesellschaft (BAMXF) | $75.13 Billion | 16.48% | 2.05x | $29.09 Billion |
| BAIC Motor Corporation Limited (BCCMY) | $59.64 Billion | 18.44% | 1.81x | $1.88 Billion |
| Bollinger Innovations, Inc. (BINI) | $13.19 Million | -75.14% | 1.45x | $1.29K |
| BYD Company Limited (BYDDF) | $24.14 Billion | 0.34% | 1.85x | $112.14 Billion |
| Cenntro Electric Group Ltd (CENN) | $-2.22 Million | 0.00% | 0.00x | $7.95 Million |