Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data ORIX CORP files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2009
FY2010
FY2011
Revenue
10,026
11,667
11,837
Selling, general and administrative
2,397
2,463
2,334
Operating income
318
889
1,523
Interest expense
887
1,485
1,349
Interest income
213
184
Income tax
251
332
543
Income from continuing operations
310
710
1,023
Net income to minority interests
8
29
-4
Net income
406
809
1,048
EBITDA
2,116
2,915
3,570
EPS, basic
3.98
7.53
9.75
EPS, diluted
3.40
6.35
8.16
Shares, basic (weighted)
102
1,075
1,075
Shares, diluted (weighted)
124
1,320
1,320
Dividend per share
0.75
0.90
0.97
Balance sheet
FY2009
FY2010
FY2011
Cash and equivalents
7,686
8,908
9,574
Goodwill
855
1,153
1,166
Intangible assets
591
637
Total assets
83,188
103,206
101,653
Short-term debt
6,165
5,756
5,572
Total liabilities
68,737
86,670
83,725
Total debt
41,233
54,495
51,922
Paid-in capital
1,920
2,154
2,181
Retained earnings
11,874
13,729
14,818
Treasury stock
-529
-591
-595
Other comprehensive income
-956
-1,170
-1,169
Shareholders' equity
13,958
15,867
16,987
Minority interests
191
261
483
Total equity
15,833
16,316
17,470
Total liabilities and equity
83,188
103,206
101,653
Cash flow statement
FY2009
FY2010
FY2011
Net income
440
873
1,077
Depreciation and amortization
1,798
2,026
2,047
Deferred income tax
-299
-207
194
Change in inventory
420
332
328
Cash from operations
2,250
2,554
4,052
Acquisitions
-110
-560
-113
Sales and maturities of investments
1,744
3,735
4,403
Cash from investing
4,652
3,026
508
Stock issued
893
2
1
Share buybacks
0
-1
Dividends paid
-67
-97
-105
Cash from financing
-5,019
-4,373
-3,875
Exchange rate effect
42
-88
-19
Net change in cash
1,925
1,119
666
Interest paid
1,022
1,415
Income taxes paid
603
598
Key metrics
Worked out from the statements above. Latest values use fiscal 2011. Valuation uses the share price of $39.03 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Operating margin
12.9%
Operating income / revenue.
EBITDA margin
30.2%
EBITDA (operating income + depreciation and amortization) / revenue.
Net margin
8.9%
Net income / revenue.
Operating cash flow margin
34.2%
Cash from operations / revenue.
Return on equity (ROE)
6.4%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
1.0%
Net income / average total assets.
Return on invested capital (ROIC)
2.0%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue
19.7%
Selling, general and administrative expense / revenue.
D&A / revenue
17.3%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
1.5%
Revenue vs the same period a year earlier. Only from a positive base.
Operating income growth, 1y
71.3%
Operating income vs the same period a year earlier. Only from a positive base.
EBITDA growth, 1y
22.5%
EBITDA vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
29.5%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
28.5%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
58.7%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Dividend per share growth, 1y
7.8%
Dividend per share vs the same period a year earlier. Only from a positive base.
Book value growth, 1y
7.1%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-1.5%
Total assets vs the same period a year earlier. Only from a positive base.
Share count change, 1y
0.0%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Debt / equity
3.06x
Total debt / shareholders' equity. Not shown when equity is negative.
Debt / assets
51.1%
Total debt / total assets.
Liabilities / assets
82.4%
Total liabilities / total assets.
Net debt
$42.35B
Total debt - cash - short-term investments. Negative means more cash than debt.
Net debt / EBITDA
11.9x
Net debt / EBITDA (twelve months), when EBITDA is positive.
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
$9.75
Net income per basic share, as reported (split-adjusted).
Revenue per share
$8.96
Revenue / diluted weighted shares.
Operating cash flow per share
$3.07
Cash from operations / diluted weighted shares.
Book value per share
$12.86
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Dividend declared per common share (paid, when declared is not tagged).
Payout ratio
10.0%
Dividends paid / net income, when net income is positive.
Valuation
Metric
Value
How it is calculated
Market cap
$43.87B
Share price x shares outstanding.
Enterprise value
$86.22B
Market cap + total debt - cash - short-term investments.
P/E
41.9x
Market cap / net income. Only when net income is positive.
P/S
3.71x
Market cap / revenue.
P/B
2.58x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
2.89x
Market cap / tangible book value, when positive.
P/OCF
10.8x
Market cap / cash from operations, when positive.
EV/Sales
7.28x
Enterprise value / revenue.
EV/EBIT
56.6x
Enterprise value / operating income, when both are positive.
EV/EBITDA
24.2x
Enterprise value / EBITDA, when both are positive.
Earnings yield
2.4%
Net income / market cap (the inverse of P/E).
Dividend yield
0.2%
Dividends paid over the period / market cap.
Shareholder yield
0.2%
(Dividends paid + share buybacks) / market cap.
What was ORIX CORP's revenue in fiscal 2011?
ORIX CORP reported revenue of $11.84B for fiscal 2011, 1.5% higher than the year before.
Was ORIX CORP profitable in fiscal 2011?
Yes. Net income was $1.05B, a net margin of 8.9%.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.