1. United States of America Stocks

  2. •

    Consumer Cyclical

  3. •

    Furnishings, Fixtures & Appliances
Rinnai Corp

Rinnai Corp

RINIY
Rinnai CorpUS flagOther OTC
15.04
USD
- -
- -
2.15BMarket Cap
Rinnai Corp
RINIY
(Other OTC)

Recent

price

15.04

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
711.54
801.51
837.87
855.55
935.3
945.5
1,025.37
1,058.47
1,120.12
1,128.48
1,103.97
1,116.65
3,626.52
1,441.37
1,490.17
1,625.25
831.07
Revenue per Share
36.64
51.92
57.1
65.81
75.79
66.17
72.78
71.54
68.4
66.41
69.91
89.44
235.19
88.46
92.37
104.83
65.67
Basic EPS, GAAP
63.38
62.43
45.77
48.51
76.83
40.96
58.08
58.02
43.48
46.72
88.53
117.42
77.81
-24.82
20.74
141.58
- -
Free Cash Flow per Basic Share
6.66
7.75
8.66
9.66
10.21
12.33
13
14
14.68
15.33
16
17.49
70.12
24.22
29.23
35.08
- -
Dividend per Share
443.77
516.24
572.34
628.49
653.43
690.08
755.82
813.39
856.13
916.35
973.64
1,045.59
3,189.69
1,157.32
1,208.86
1,268.99
1,249.01
Book Value per Share
443.74
467.07
520.62
599.55
744.12
823.8
851.94
909.53
973.41
1,021.24
1,094.3
1,193.57
3,714.45
1,367.57
1,502.67
1,602.67
1,570.01
Tangible Book Value per Share
318
299
294
294
307
312
312
312
310
308
308
308
101
295
289
283
286
Basic Weighted Avg Shares
226,117
239,436
246,636
251,832
286,981
295,022
319,935
330,256
347,071
348,022
340,460
344,364
366,185
425,229
430,186
460,319
237,492
Sales/Revenue/Turnover
14.64
16.05
10.8
10.47
11.86
10.44
10.81
10.31
9.47
8.87
10.11
11.82
9.8
9.74
9.15
10
12.32
Operating Margin (%)
8,605
8,045
1,087
1,044
1,053
1,123
1,389
1,681
1,792
1,976
2,594
2,663
2,864
3,379
3,714
4,119
- -
Depreciation Expense
11,642
15,510
16,807
19,371
23,254
20,647
22,710
22,322
21,194
20,480
21,561
27,581
23,748
26,096
26,667
29,691
18,765
Net Income, GAAP
38.75
32.96
37.1
31.36
34.32
30.99
30.27
28.17
28.35
27.63
26.25
26.46
25.74
25.96
24.81
25.45
25.08
Effective Tax Rate (%)
5.15
6.48
6.81
7.69
8.1
7
7.1
6.76
6.11
5.88
6.33
8.01
6.49
6.14
6.2
6.45
7.9
Profit Margin (%)
63,671
65,844
83,543
104,693
125,025
126,306
133,750
146,103
170,557
192,541
208,106
232,615
225,153
228,652
234,547
253,877
246,838
Working Capital
2,859
2,763
3,325
2,550
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
142,502
141,110
154,738
178,006
232,633
261,413
271,708
290,636
307,963
320,694
340,956
371,317
378,856
407,198
437,436
461,716
452,923
Total Equity
12.98
16.31
10.31
10.04
10.18
8.21
8.81
8.49
7.7
6.97
7.51
8.2
6.96
7.67
6.88
7.49
5
Return on Invested Capital (%)
7.43
9.26
9.49
9.9
10.75
8.28
8.45
7.46
6.32
5.75
5.55
6.78
5.23
5.19
4.82
5.47
3.58
Return on Capital (%)
8.53
10.51
10.42
10.96
12.06
9.93
10.07
9.12
8.17
7.48
7.4
8.86
7.37
7.87
7.73
8.38
5.35
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
143
- -
141
Market Capitalization
485,757
- -
495,792

Working Capital

FRC

•

in mil. unless spec.
Mar'24
Jun'25
Sep'25
Total Current Assets
341,437
- -
346,003
Cash, Cash Equivalents & STI
247,362
- -
252,936
Accounts Receivable, Net
91,694
- -
- -
Inventories
81,652
- -
82,442
Total Current Liabilities
106,890
- -
99,165
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.87%
6.28%
5.55%
Free Cash Flow
26.17%
29.83%
569.8%
Net Income, GAAP
4.26%
7.49%
11.34%
Sales/Revenue/Turnover
4.66%
6.36%
7%
Total Cash Common Dividend
10.29%
15.47%
17.73%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
89,853
102,841
117,468
120,024
430,186
2025
- -
- -
- -
- -
460,319
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.24
- -
- -
- -
92.37
2025
- -
- -
- -
- -
104.83
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
29.23
2025
- -
- -
- -
- -
35.08
2026
- -
- -
- -
- -
- -
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Business
Rinnai Corp (TSE: 5947) manufactures and sells gas appliances, primarily for residential and commercial applications worldwide. The company produces tankless water heaters, including condensing and hybrid models such as ECO ONE series; gas cooking equipment like stoves, ovens, and ranges; room heaters and bathroom heater/dryers; commercial cooking appliances; and heating, ventilation, air conditioning (HVAC) systems, along with related products such as boilers, rice cookers, and sanitary equipment. Rinnai operates through segments focused on household equipment, commercial equipment, and industrial applications, serving markets in Japan, North America, Europe, Asia, Oceania, the Middle East, and South America via subsidiaries and sales networks in over 20 countries. Founded in 1920 and headquartered in Nagoya, Japan, the company maintains manufacturing facilities in Japan, the United States, Australia, and other locations. Recent developments include the acquisition of Smart Energy Group in Australia in 2024 to expand into solar PV and battery storage; the acquisition of Industrias MASS in Mexico in 2021; the purchase of Brivis Climate Systems in Australia in 2015; and the completed acquisition of Peru-based MT Industrial S.A.C. in October 2025, strengthening its Latin American presence in housing equipment sales.