Toyo Tire Corporation

Toyo Tire Corporation's next confirmed earnings release is scheduled for November 16, 2026.

As of June 30, 2024, Toyo Tire Corporation has 153.98M shares outstanding.

As of June 30, 2024, Toyo Tire Corporation maintains a current ratio of 2.20, meaning it holds 2.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 21.28, indicating elevated leverage, while an interest coverage ratio of 84.45 demonstrates strong ability to service its debt obligations.

Over the twelve months ended June 30, 2024, Toyo Tire Corporation posted a return on equity (ROE) of 20.89, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 12.64 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 12.49, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 16.54, useful for judging operating efficiency across full business cycles. The company generates approximately 311,687.20 in revenue per employee across its workforce of 10,439.75, a quick read on workforce productivity versus industry peers. Inventory turnover of 2.79 indicates how many times Toyo Tire Corporation sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2024, Toyo Tire Corporation recorded 219.17M in income tax expense. That works out to an effective tax rate of 30.72, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 713.47M, leaving 494.04M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Over the twelve months ended June 30, 2024, Toyo Tire Corporation generated 3.25B in revenue and converted that into 494.04M in net income, yielding earnings per share of 3.21. EBITDA reached 567.37M, while operating income came in at 567.37M.

As of June 30, 2024, Toyo Tire Corporation holds 416.83M in cash and equivalents against 559.83M in total debt, resulting in a net debt position of 143.00M. Total book value stands at 2.63B, with working capital of 1.12B providing operational flexibility.

Over the twelve months ended June 30, 2024, Toyo Tire Corporation posted a gross margin of 41.56, reflecting its pricing power and cost economics. The operating margin of 17.44 and net profit margin of 15.18 provide insight into operational efficiency.

Toyo Tire Corporation's most recent stock split took place on June 26, 2014 with a 2:1 split ratio.