TOYO Co., LtdTOYOEarnings & Financial Report
Nasdaq · automotive industry
Toyo Tire Corporation , commonly known as Toyo Tires, is a multinational tire and rubber products company based in Itami, Japan. The company owns and operates eight factories in Asia, North America, and Europe and distributes tires and automotive components through fourteen sales companies throughout the world.
Revenue
$138.1M
Gross Profit
$26.6M
Operating Profit
$22.5M
Net Profit
$19.6M
Gross Margin
19.3%
Operating Margin
16.3%
Net Margin
14.2%
YoY Growth
N/A
EPS
$0.48
Financial Flow
TOYO Co., Ltd Q2 2024 Financial Summary
TOYO Co., Ltd reported revenue of $138.1M for Q2 2024, with a net profit of $19.6M (14.2% margin). Cost of goods sold was $111.4M, operating expenses totaled $4.2M.
Key Financial Metrics
| Total Revenue | $138.1M |
|---|---|
| Net Profit | $19.6M |
| Gross Margin | 19.3% |
| Operating Margin | 16.3% |
| Report Period | Q2 2024 |
TOYO Co., Ltd Quarterly Revenue & Net Profit History
TOYO Co., Ltd results over the last 2 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 2025 | $139.1M | +0.7% | $3.5M | 2.5% |
| Q2 2024 | $138.1M | — | $19.6M | 14.2% |
Income Statement
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Revenue | $138.1M | $139.1M |
| YoY Growth | N/A | 0.7% |
Balance Sheet
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Assets | $241.4M | $353.6M |
| Liabilities | $168.0M | $283.4M |
| Equity | $73.4M | $67.0M |
Cash Flow
| Q2 2024 | Q2 2025 | |
|---|---|---|
| Operating CF | $21.8M | $40.0M |