Lexus has no standalone earnings — it reports as part of Toyota Motor Corporation, which posted net earnings of approximately $31.9 billion in fiscal year 2024. Lexus contributes a disproportionately high share of Toyota's profit margin given its premium pricing and lower discounting compared to Toyota-branded models.
Earnings of Lexus
Lexus earnings are not reported separately. Toyota does not disclose divisional net income for the Lexus brand in its financial statements.
Toyota Motor Corporation net earnings shown as parent reference (USD billions, fiscal year)
Annual Earnings Of Lexus
Lexus does not publish standalone earnings. Toyota's consolidated net income is shown below as the applicable parent company figure.
| Fiscal Year | Toyota Net Earnings (USD) | YoY Change |
|---|---|---|
| FY2015 | $19.2B | — |
| FY2016 | $17.3B | −9.9% |
| FY2017 | $16.9B | −2.3% |
| FY2018 | $21.0B | +24.3% |
| FY2019 | $19.1B | −9.0% |
| FY2020 | $20.8B | +8.9% |
| FY2021 | $28.4B | +36.5% |
| FY2022 | $18.8B | −33.8% |
| FY2023 | $35.5B | +88.8% |
| FY2024 | $31.9B | −10.1% |
Lexus P/E Ratio
Lexus has no independent P/E ratio as it is not publicly traded. Toyota Motor Corporation's P/E ratio is shown below as the relevant parent metric.
| Fiscal Year | Toyota P/E Ratio | YoY Change |
|---|---|---|
| FY2015 | 10.2x | — |
| FY2016 | 9.8x | −3.9% |
| FY2017 | 10.4x | +6.1% |
| FY2018 | 9.6x | −7.7% |
| FY2019 | 11.4x | +18.8% |
| FY2020 | 13.8x | +21.1% |
| FY2021 | 11.2x | −18.8% |
| FY2022 | 14.6x | +30.4% |
| FY2023 | 9.4x | −35.6% |
| FY2024 | 8.8x | −6.4% |