Kubota Corporation (KUBTF)

Kubota Income Statement

Financials in millions JPY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	2,942,638	3,016,281	3,020,711	2,676,980	2,196,766	1,853,234
Revenue Growth (YoY)	-3.22%	-0.15%	12.84%	21.86%	18.54%	-3.48%
Cost of Revenue	2,064,085	2,088,301	2,144,242	1,991,301	1,564,960	1,318,384
Gross Profit	878,553	927,980	876,469	685,679	631,806	534,850
Selling, General & Admin	615,079	597,007	538,621	479,354	390,449	356,092
Other Operating Expenses	-170	6,639	6,788	-1,607	-934	-2,300
Operating Expenses	614,909	603,646	545,409	477,747	389,515	353,792
Operating Income	263,644	324,334	331,060	207,932	242,291	181,058
Interest Expense	-7,385	-5,201	-4,406	-1,602	-992	-1,039
Interest & Investment Income	25,571	22,858	15,474	7,421	4,654	6,451
Earnings From Equity Investments	5,786	5,099	2,111	1,642	3,042	2,528
Currency Exchange Gain (Loss)	-23,093	-23,093	-8,739	12,016	7,266	-4,265
Other Non Operating Income (Expenses)	2,004	2,004	2,392	10,944	2,264	5,203
EBT Excluding Unusual Items	266,527	326,001	337,892	238,353	258,525	189,936
Gain (Loss) on Sale of Investments	-	-	-	-	426	-
Gain (Loss) on Sale of Assets	-4,259	-4,259	-3,141	-3,207	-3,193	328
Asset Writedown	-444	-444	-6,282	-2,354	-743	-422
Other Unusual Items	-	-	-	-	-329	-2,826
Pretax Income	280,922	340,396	344,400	232,792	255,601	188,427
Income Tax Expense	72,885	80,732	84,402	58,352	64,869	47,027
Earnings From Continuing Operations	208,037	259,664	259,998	174,440	190,732	141,400
Minority Interest in Earnings	-33,554	-29,227	-21,543	-17,968	-15,095	-12,876
Net Income	174,483	230,437	238,455	156,472	175,637	128,524
Preferred Dividends & Other Adjustments	-	-	-	-	5	4
Net Income to Common	174,483	230,437	238,455	156,472	175,632	128,520
Net Income Growth	-31.31%	-3.36%	52.40%	-10.91%	36.66%	-13.78%
Shares Outstanding (Basic)	1,146	1,166	1,182	1,194	1,207	1,214
Shares Outstanding (Diluted)	1,146	1,166	1,182	1,194	1,207	1,214
Shares Change (YoY)	-2.26%	-1.34%	-1.00%	-1.08%	-0.60%	-0.95%
EPS (Basic)	152.29	197.61	201.74	131.06	145.52	105.85
EPS (Diluted)	152.29	197.61	201.74	131.06	145.52	105.85
EPS Growth	-29.72%	-2.05%	53.93%	-9.93%	37.48%	-12.95%
Free Cash Flow	182,744	100,913	-167,155	-142,249	-4,923	82,006
Free Cash Flow Per Share	159.50	86.54	-141.42	-119.15	-4.08	67.54
Dividend Per Share	25.000	50.000	48.000	44.000	42.000	36.000
Dividend Growth	-48.98%	4.17%	9.09%	4.76%	16.67%	-
Gross Margin	29.86%	30.77%	29.02%	25.61%	28.76%	28.86%
Operating Margin	8.96%	10.75%	10.96%	7.77%	11.03%	9.77%
Profit Margin	5.93%	7.64%	7.89%	5.85%	7.99%	6.93%
Free Cash Flow Margin	6.21%	3.35%	-5.53%	-5.31%	-0.22%	4.42%
EBITDA	349,978	403,395	399,574	264,382	286,297	223,239
EBITDA Margin	11.89%	13.37%	13.23%	9.88%	13.03%	12.05%
D&A For EBITDA	86,334	79,061	68,514	56,450	44,006	42,181
EBIT	263,644	324,334	331,060	207,932	242,291	181,058
EBIT Margin	8.96%	10.75%	10.96%	7.77%	11.03%	9.77%
Effective Tax Rate	25.95%	23.72%	24.51%	25.07%	25.38%	24.96%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.