Is ORIX financially healthy?

On 30 September 2026 ORIX held 1.13T JPY in cash and short-term investments against total debt of 6.10T JPY. Its current ratio is 0.92: what falls due within a year against what turns into cash within a year.

ORIX's revenue grew 9.0% a year over its last five fiscal years, from 2.29T JPY in fiscal year 2021 to 3.53T JPY in fiscal year 2026. Over the last twelve months it was up 2.6% on the twelve months before.

Where can I find ORIX's annual report (20-F)?

ORIX, a company based outside the US, files its annual report (Form 20-F) and its interim reports (Form 6-K) with the US Securities and Exchange Commission, on its EDGAR site; the figures on these pages come from them.

ORIX
D
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IX

Arincen ScoreBeta57/100

57/100B

32.630

USD

-1.53

(-4.48%)

Market Open

Last updated: 10 Nov, 10:50 GMT-5 · Delayed 15 min

Fair value23.52+39%11Price 32.631,755

Q2 FY2027 results

EPS3.34+115.5%Revenue5.04B-36.0%

Q2 FY2027 results

Reported Monday 9 November

EPS3.34Beat +115.5%(est. 1.55)Revenue5.04BMissed -36.0%(est. 7.87B)

Fair value23.52+39%11Price 32.631,755

Q2 FY2027 results

EPS3.34+115.5%Revenue5.04B-36.0%

Q2 FY2027 results

Reported Monday 9 November

EPS3.34Beat +115.5%(est. 1.55)Revenue5.04BMissed -36.0%(est. 7.87B)

Overview Financials Earnings Dividends Company

ORIX financials

Yes. ORIX earned 1.03T JPY of net income over the last twelve months, 33.2% of its revenue. It made a profit in 29 of its 29 fiscal years since 1998.

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 3.11T JPY
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 1.03T JPY
Cash and short-term investments: 1.13T JPY
Total debt: 6.10T JPY
Shareholders' equityWhat is a balance sheet? The balance sheet lists what a company owns (assets), what it owes (liabilities) and what is left for its shareholders (equity) on one date.: 5.09T JPY

Cash, debt and equity as of 30 Sept 2026.

ORIX earnings

Revenue

ReportedEstimate

EPS

ReportedEstimate

Period	Report date	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
Q3 FY2027	8 Feb 2027	0.94	—	—	+36.38%	6.18B	—	—	+12.83%
Q2 FY2027	9 Nov 2026	1.55	3.34	+115.48%	+253.07%	7.87B	5.04B	-35.96%	-2.40%
Q1 FY2027	6 Aug 2026	1.16	1.57	+35.34%	+141.54%	7.37B	5.55B	-24.67%	+6.75%
Q4 FY2026	11 May 2026	0.35	0.34	-1.76%	-26.09%	2.63B	5.85B	+122.79%	+20.04%
Q3 FY2026	9 Feb 2026	0.51	0.69	+35.83%	+34.77%	4.39B	5.48B	+24.65%	+11.22%
Q2 FY2026	12 Nov 2025	0.57	0.95	+66.55%	+68.93%	4.96B	5.16B	+4.02%	+14.21%
Q1 FY2026	7 Aug 2025	0.54	0.65	+20.37%	+24.52%	5.10B	5.20B	+2.03%	+6.07%

Period	EPS estimate	Reported EPS	Surprise	EPS growth	Revenue estimate	Reported revenue	Surprise	Revenue growth
FY2026	2.62	2.63	+0.23%	+27.85%	20.84B	21.69B	+4.06%	+12.85%
FY2025	2.27	2.05	-9.63%	-41.80%	20.01B	19.22B	-3.97%	+2.35%
FY2024	1.91	3.53	+84.65%	+106.40%	18.60B	18.78B	+0.93%	-4.19%
FY2023	1.76	1.71	-3.10%	-64.67%	20.11B	19.60B	-2.55%	-9.53%

ORIX growth and profitability

Full income statement

Revenue (TTM)What does TTM (trailing twelve months) mean? TTM (trailing twelve months) is a figure over the latest twelve months of reports: usually the last four quarters added together.: 3.11T JPY
Net income (TTM)What is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.: 1.03T JPY
Gross marginWhat are gross, operating and net profit margins? A profit margin is the share of revenue kept as profit: gross margin after the cost of sales, operating margin after running costs, net margin after all costs.: 44.48%
Operating margin: 45.97%
Net margin: 33.18%

Revenue / Net income

Revenue Net income Net margin

Period	Revenue	Growth	Net income	Growth	Gross margin	Operating margin	Net margin	EBITDA	Growth
FY2026	3.53T	+22.85%	475.04B	+35.10%	32.06%	21.82%	13.45%	1.34T	+42.22%
FY2025	2.87T	+2.15%	351.63B	+1.59%	41.76%	11.54%	12.23%	944.67B	+3.09%
FY2024	2.81T	+5.66%	346.13B	+19.22%	41.72%	12.82%	12.30%	916.36B	+12.71%
FY2023	2.66T	+6.20%	290.34B	-8.52%	39.06%	12.61%	10.90%	813.04B	+9.31%
FY2022	2.51T	+9.39%	317.38B	+64.97%	37.51%	11.68%	12.65%	743.78B	+13.50%

Period	Revenue	Net income	Gross margin	Operating margin	Net margin
Q2 FY2027	458.97B	575.39B	89.35%	155.07%	125.36%
Q1 FY2027	876.63B	280.83B	44.51%	15.28%	32.04%
Q4 FY2026	938.86B	58.65B	34.79%	44.20%	6.25%
Q3 FY2026	840.32B	118.58B	30.76%	20.36%	14.11%
Q2 FY2026	795.86B	163.81B	30.54%	20.61%	20.58%

How ORIX makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

Revenue3.53T 100.0%

Cost of revenue2.40T 67.9%

Gross profit1.13T 32.1%

Other operating expenses361.57B 10.2%

Operating income770.68B 21.8%

Tax247.16B 7.0%

Other expense48.48B 1.4%

Net income475.04B 13.5%

FY2026, in JPY. Each band is as wide as its money; the percentage is its share of revenue.

ORIX revenue breakdown

By product

FY2025

50.7%Sales of Goods and Real Estate and Service10.1%Asset Management And Servicing9.8%Product6.4%Environmental And Energy5.9%Real Estate Contract Work3.8%Real Estate3.7%Real Estate Managment and Brokerage3.3%Product and Service, Other3.2%Automobile Services3.0%Facilities Operation

Segment	Revenue	Share of revenue	Change on the year
Sales of Goods and Real Estate and Service	1.39T	50.7%	+4.0%
Asset Management And Servicing	275.93B	10.1%	+12.9%
Product	269.05B	9.8%	+1.0%
Environmental And Energy	175.65B	6.4%	+11.1%
Real Estate Contract Work	162.92B	5.9%	+7.2%
Real Estate	104.11B	3.8%	-3.2%
Real Estate Managment and Brokerage	102.37B	3.7%	+2.5%
Product and Service, Other	91.51B	3.3%	-14.6%
Automobile Services	87.17B	3.2%	-1.3%
Facilities Operation	83.56B	3.0%	+9.8%

By region

FY2025

73.9%Japan16.7%Other Countries9.4%Americas

Region	Revenue	Share of revenue	Change on the year
Japan	2.13T	73.9%	+112.7%
Other Countries	479.49B	16.7%	+148.9%
Americas	270.10B	9.4%	+148.2%

Operating and free cash flow

Full cash flow statement

Operating cash flow Free cash flow

Fiscal year	Operating cash flow	Free cash flow
FY2026	1.37T	37.13B
FY2025	1.27T	1.20T
FY2024	1.25T	1.17T
FY2023	881.23B	777.66B
FY2022	1.03T	990.65B
FY2021	1.08T	1.04T
FY2020	978.79B	934.32B
FY2019	492.31B	430.09B
FY2018	424.42B	344.33B
FY2017	423.99B	328.39B

ORIX financial health

Full balance sheet

Cash and short-term investments: 1.13T JPY
Total debt: 6.10T JPY
Net cash: -4.97T JPY
Free cash flow (TTM)What is free cash flow (FCF)? Free cash flow is the cash a company's operations bring in minus what it spends on long-term assets (capex): cash left for debt, dividends and buybacks.: 1.38T JPY
Current ratioWhat is the current ratio? The current ratio is current assets divided by current liabilities: whether what a company will turn into cash within a year covers what it owes within a year.: 0.92
Debt to equityWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.: 1.20
Piotroski scoreWhat is the Piotroski F-Score? The Piotroski F-Score rates a company's financial strength from 0 to 9: one point for each of nine tests of profit, debt and efficiency it passes.: 7 / 9
Altman Z-scoreWhat is the Altman Z-Score? The Altman Z-Score rolls five financial ratios into one number that signals a company's risk of bankruptcy: over 3 is safe, under 1.8 is distress.: 1.19

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow

Fiscal year	Cash and short-term investments	Total debt	Free cash flow
FY2026	1.46T	6.57T	37.13B
FY2025	3.81T	6.28T	1.20T
FY2024	1.03T	6.46T	1.17T
FY2023	1.24T	6.01T	777.66B
FY2022	959.02B	5.16T	990.65B

Assets, liabilities and equity

Total assets Total liabilities Shareholders' equity

Fiscal year	Total assets	Total liabilities	Shareholders' equity
FY2026	18.08T	13.44T	4.50T
FY2025	16.87T	12.69T	4.09T
FY2024	16.32T	12.30T	3.94T
FY2023	15.29T	11.67T	3.54T
FY2022	14.26T	10.90T	3.26T
FY2021	13.56T	10.46T	3.03T
FY2020	13.07T	9.99T	2.99T
FY2019	12.17T	9.21T	2.90T
FY2018	11.43T	8.62T	2.68T
FY2017	11.23T	8.58T	2.51T

ORIX valuation

Price to earnings ratio (TTM)What is the P/E ratio? The P/E ratio divides a share's price by its earnings per share over the last year: what you pay for each dollar of profit.: 12.49
Forward P/E (FY2027)What is the forward P/E ratio? Forward P/E divides a share's price by the earnings per share analysts expect in the coming year, rather than last year's actual earnings.: 7.04
Price to sales (TTM)What is the P/S ratio? The price-to-sales ratio compares a company's market value with its revenue over the last year: what you pay for each dollar of sales.: 1.84
Price to bookWhat is the P/B ratio? The price-to-book ratio compares a company's market value with its book value, the shareholders' equity on its balance sheet.: 1.12
EV / EBITDA (TTM)What is EV/EBITDA? EV/EBITDA compares a company's whole value, debt included and cash taken off, with a year of its earnings before interest, tax and depreciation.: 6.64

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Market capitalization

36.23B USD

Total debt

38.63B USD

−

Cash and short-term investments

7.14B USD

Enterprise value

67.71B USD

Valuation over time

Fiscal year	P/E	Forward P/E	P/S	P/B	EV/EBITDA
Now (TTM)	12.49	—	1.84	1.12	6.64
FY2026	11.20	—	1.51	1.18	7.76
FY2025	10.18	—	1.24	0.88	9.16
FY2024	10.66	—	1.31	0.94	9.95
FY2023	9.42	—	0.97	0.73	9.04
FY2022	9.37	—	1.17	0.90	9.58

ORIX against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

Each figure in the latest fiscal year against the same figure from FY2022 to FY2026: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: PayPal Holdings, Global Payments, Synchrony Financial, SoFi Technologies, Affirm Holdings, and El Paso Energy Capital Trust I PFD CV TR SECS, the US Financial - Credit Services companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

P/E (today)Above its median12.5
1.616.4
Gross marginLowest in 5 years32.1%
32.1%41.8%
Against its peers: 6 of 7Peers' median 60.1%
Operating marginHighest in 5 years21.8%
11.5%21.8%
Against its peers: 4 of 7Peers' median 20.6%
Net marginHighest in 5 years13.5%
10.9%13.5%
Against its peers: 5 of 7Peers' median 17.0%
Return on equityHighest in 5 years10.6%
8.2%10.6%
Against its peers: 4 of 7Peers' median 13.7%
Free cash flow marginLowest in 5 years1.1%
1.1%41.8%
Against its peers: 6 of 7Peers' median 21.1%
Revenue growthHighest in 5 years22.8%
2.1%22.8%
Against its peers: 2 of 7Peers' median 8.2%
EPS growthAbove its median37.8%
-10.8%66.7%
Against its peers: 2 of 7Peers' median 4.3%
Debt to EBITDALowest in 5 years4.89×
4.89×7.39×
Against its peers: 4 of 7Peers' median 4.65×
Current ratioHighest in 5 years10.56
1.2810.56
Against its peers: 2 of 7Peers' median 0.76

Figure	FY2026	5-year low – high	Against its history	Against its peers
P/E (today)	12.5	1.616.4	Above its median	—
Gross margin	32.1%	32.1%41.8%	Lowest in 5 years	6 of 7
Operating margin	21.8%	11.5%21.8%	Highest in 5 years	4 of 7
Net margin	13.5%	10.9%13.5%	Highest in 5 years	5 of 7
Return on equity	10.6%	8.2%10.6%	Highest in 5 years	4 of 7
Free cash flow margin	1.1%	1.1%41.8%	Lowest in 5 years	6 of 7
Revenue growth	22.8%	2.1%22.8%	Highest in 5 years	2 of 7
EPS growth	37.8%	-10.8%66.7%	Above its median	2 of 7
Debt to EBITDA	4.89×	4.89×7.39×	Lowest in 5 years	4 of 7
Current ratio	10.56	1.2810.56	Highest in 5 years	2 of 7

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

ORIX dividends

Annual dividend: 1.32 USD
Dividend yield (indicated)What is dividend yield? Dividend yield is a year of dividends as a percentage of the share price: the income a shareholder receives for each dollar invested at today's price.: 4.05%
Payout ratioWhat is the payout ratio? The payout ratio is the share of a company's earnings paid out as dividends: dividends per share divided by earnings per share (EPS).: 40.20%
Years of dividend growthWhat are years of dividend growth? The years in a row a company has raised its dividend per share. 25 years make an S&P 500 company a Dividend Aristocrat; 50 make a Dividend King.: 3
Frequency: Semi-annual
Last payment: 0.66 USD
Last ex-dividend dateWhat is the ex-dividend date? The ex-dividend date is the first day a stock trades without its next dividend: buy before it to receive the payment; buy on or after it and the seller gets it.: 29 Sept 2026

Dividends per share

Year	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Dividends per share	1.00	0.77	0.60	0.67	0.74	0.72	0.75	0.62	0.45	0.42

ORIX ownership

InstitutionsWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.: 3.43%
Institutional holders: 322 (+38)
Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.: 99.20%

Who owns the shares

Institutions 3.4% Others 96.6%

As of 30 Jun 2026

Shares free to trade

Free float 1.10B shares ·99.2% Closely held 8.85M shares ·0.8%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

Quarter	Purchases	Sales	Shares acquired	Shares disposed of
Q2 2026	6	0	283.36K	0.00
Q1 2026	3	0	23.69	0.00

Shares outstanding

Basic shares Diluted shares Change in diluted shares

Fiscal year	Basic shares	Diluted shares	Change in diluted shares
FY2026	1.12B	1.12B	-2.18%
FY2025	1.14B	1.14B	-1.42%
FY2024	1.16B	1.16B	-1.75%
FY2023	1.18B	1.18B	-1.90%
FY2022	1.20B	1.20B	-2.68%

Common questions about ORIX's financials

Source: Financial Modeling Prep

ORIX
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ORIX financials

ORIX earnings

Revenue

EPS

ORIX growth and profitability

Revenue / Net income

How ORIX makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

ORIX revenue breakdown

By product

By region

Operating and free cash flow

ORIX financial health

Cash, debt and free cash flow

Assets, liabilities and equity

ORIX valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

ORIX against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

ORIX dividends

Dividends per share

ORIX ownership

Who owns the shares

Shares free to trade

Insider trading

Shares outstanding

Common questions about ORIX's financials

Is ORIX profitable?

Is ORIX financially healthy?

Is ORIX growing?

Where can I find ORIX's annual report (20-F)?

Need help?

ORIX DQuotes are delayed by 15 minutes

IX

ORIX financials

ORIX earnings

Revenue

EPS

ORIX growth and profitability

Revenue / Net income

How ORIX makes its moneyWhat is an income statement? The income statement shows a company's revenue, costs and profit over a quarter or a year, from sales at the top to net income at the bottom.

ORIX revenue breakdown

By product

By region

Operating and free cash flow

ORIX financial health

Cash, debt and free cash flow

Assets, liabilities and equity

ORIX valuation

Capital structureWhat is enterprise value? Enterprise value is what the whole business costs: the market value of its shares plus its debt minus its cash. It is the price behind EV/EBITDA.

Valuation over time

ORIX against its own historyWhat does "against its own history" show? The company's latest margins, return on equity, growth, debt and P/E against its own last 5 years: the low, the median and the high, and whether this year is better or worse than usual.

ORIX dividends

Dividends per share

ORIX ownership

Who owns the shares

Shares free to trade

Insider trading

Shares outstanding

Common questions about ORIX's financials

Is ORIX profitable?

Is ORIX financially healthy?

Is ORIX growing?

Where can I find ORIX's annual report (20-F)?

Need help?

ORIX
D
Quotes are delayed by 15 minutes