Orix Corp. (IX) financials — revenue, cash, debt and margins

Key figures

Trailing twelve months where a flow is involved, latest reported balance where it is not.

Valuation

Market cap: $43B
P/E (TTM): 26.16
Price / sales: 2.03
EV / EBITDA: 14.13
Price / book: 1.51

Cash flow

FCF yield: 19.2%
SBC-adjusted FCF yield: —
SBC impact: —
Stock compensation (TTM): —

Margins & growth

Profit margin: 13.4%
Operating margin: 13.7%
Quarterly revenue (year on year): 23.2%
Quarterly earnings (year on year): 41.6%

Balance sheet

Cash & investments: $8.9B
Debt: $43.3B
Net cash / (debt): -$34.5B

Where the revenue comes from

Insurance is 19% of revenue.

By product or service

Year to Mar 31, 2026 · $31.9B

Sales of Goods and Real Estate and Service31%
$9.9B+11.7% vs. a year earlier
Service22%
$7.1B+9.1% vs. a year earlier
Life Insurance Premiums and Related Investment Income13%
$4.1B+24.1% vs. a year earlier
Life Insurance Premiums10%
$3.2B+5.1% vs. a year earlier
Sales of Goods and Real Estate9%
$2.8B+18.6% vs. a year earlier
Finance Revenues7%
$2.3B+11.3% vs. a year earlier
Life Insurance Related Investment Income Loss3%
$853.1M+296.2% vs. a year earlier
Gains On Investment Securities and Dividends3%
$821.4M+793.5% vs. a year earlier
Gains Losses On Investment Securities and Dividends3%
$820.7M+800.2% vs. a year earlier

These lines are the breakdown as filed. We could not reconcile them against the total revenue for the same period.

By business segment

Year to Mar 31, 2026 · $21.2B

Insurance19%
$4.1B+24.1% vs. a year earlier
Segments Real Estate16%
$3.4B+6.7% vs. a year earlier
Corporate Financial Services and Maintenance Leasing15%
$3.1B+5.9% vs. a year earlier
Pe Investment and Concession13%
$2.8B+16.9% vs. a year earlier
Orix Europe9%
$1.9B+13.1% vs. a year earlier
ORIX Usa8%
$1.7B+76.5% vs. a year earlier
Asia and Australia7%
$1.5B+3.0% vs. a year earlier
Environment and Energy6%
$1.3B+12.5% vs. a year earlier
Aircraft and Ships4%
$827.5M+8.7% vs. a year earlier
Banking and Credit2%
$486.5M+20.7% vs. a year earlier

What it owns and what it owes

Both on one scale, because both are money — the bar that is taller is the one that matters.

Cash and debt

Cash & InvestmentsTotal Debt

Cash counts short-term investments, not just the bank balance — technology companies park most of it in marketable securities, and leaving those out understates it several times over. Debt includes lease obligations.

Where the money goes

Cost of RevenueR&D ExpenseSG&A Expense

Only the three costs filers report consistently. Anything a company does not break out sits outside these bands, so the stack is not the whole cost base.

The rest of the series

Not on the overview because five charts is as much as one decision needs — but here in full, on one period switch. Each bar sums the four quarters ending there — a full year, brought up to today.

Total Revenue

$21.2BQ1 2026+9.7%

1Y: +15.86%

Everything the company sold, before any costs. Each bar sums the four quarters ending there — a full year, brought up to today.

EBITDA

$5.48B2026+17.7%

No TTM figures — showing Yearly

Operating profit before depreciation and amortisation — approximated from operating income, because no depreciation tag is reported consistently enough across filers to do better. Treat it as indicative. One bar per fiscal year, as filed. Stops at the last completed year.

Profit

$2.85BQ1 2026+1.7%13.4% of revenue

1Y: +27.20%

What was left after every cost, including tax. Each bar sums the four quarters ending there — a full year, brought up to today.

Profit margin

13.4%Q1 2026-7.3%

How much of every dollar of sales the company keeps as profit. A grocer keeps a few cents; a software company can keep half. Each point covers the four quarters ending there — a full year, brought up to today.

Free Cash Flow

$8.24B2026+5.1%

No TTM figures — showing Yearly

Cash left over after running and maintaining the business. One bar per fiscal year, as filed. Stops at the last completed year.

Profit per share

$1.46Q3 2017+10.0%

The same profit, split across every share. If this lags the profit chart above, the company is issuing shares and your slice is getting smaller. Restated onto today’s share count, so stock splits do not show as jumps. Each bar sums the four quarters ending there — a full year, brought up to today.

Shares outstanding

1.12BQ1 2026-1.3%

How many shares the profit is divided across. Rising is dilution; falling is the company buying itself back. Restated onto today’s basis, so splits do not show as jumps. Each point covers the four quarters ending there — a full year, brought up to today.

Price to earnings

11.0xQ3 2017

Paid per unit of yearly profit. Periods with a loss, or profits too small for the ratio to mean anything, are left out — the line breaks rather than drawing through them. Each point covers the four quarters ending there — a full year, brought up to today.

Dividends paid

$1.09BQ1 2026+24.6%

1Y: +25.97%

Cash handed to shareholders. A flat line at zero means the company pays none. Each bar sums the four quarters ending there — a full year, brought up to today.

About Orix Corp.

Ticker: IX
SEC classification: Miscellaneous Business Credit Institution (6159)
Listed on: NYSE, OTC
Incorporated in: M0
Financial year ends: March 31
Filer size: Large accelerated filer

About this data

Everything above comes from Orix Corp.’s own filings with the SEC, as reported. No estimates, no analyst figures, nothing adjusted. This company files in JPY. Figures are converted to US dollars at $1.00 = 157.12 JPY, the current rate, applied to every period alike — so growth and margins are the company’s own and not the exchange rate’s.

Splits applied: 10:1 on Mar 31, 2013. Per-share history is restated onto today’s basis, so a split does not appear as a cliff.

Not reported by this filer: Gross Profit, R&D Expense, Non-interest Income, Non-interest Expense, Current Assets, Current Liabilities, Receivables, Long-term Debt (current), Borrowings (total), Operating Lease (current), Operating Lease (noncurrent), Finance Lease (current), Finance Lease (noncurrent), Stock-Based Compensation, and Depreciation. Companies choose which XBRL tags to use, and anything untagged cannot be recovered — so these are blank rather than guessed.