Suzuki Motor Corporation reported net earnings of approximately ¥280 billion ($1.9 billion) for fiscal year 2024, up significantly year over year. The gain reflects strong Maruti Suzuki sales in India and favorable yen weakness that boosted the yen-converted value of overseas earnings, particularly from Indian and Southeast Asian operations.
Annual Earnings Of Suzuki Motor
| Fiscal Year |
Net Earnings (USD equiv.) |
YoY Change |
| FY2015 | $1.2B | — |
| FY2016 | $0.9B | −25.0% |
| FY2017 | $1.2B | +33.3% |
| FY2018 | $1.5B | +25.0% |
| FY2019 | $1.3B | −13.3% |
| FY2020 | $0.7B | −46.2% |
| FY2021 | $0.9B | +28.6% |
| FY2022 | $1.1B | +22.2% |
| FY2023 | $1.4B | +27.3% |
| FY2024 | $1.9B | +35.7% |
Suzuki Motor P/E Ratio
| Fiscal Year |
P/E Ratio |
YoY Change |
| FY2015 | 13.6x | — |
| FY2016 | 15.2x | +11.8% |
| FY2017 | 18.8x | +23.7% |
| FY2018 | 12.4x | −34.0% |
| FY2019 | 11.4x | −8.1% |
| FY2020 | 18.0x | +57.9% |
| FY2021 | 18.2x | +1.1% |
| FY2022 | 11.8x | −35.2% |
| FY2023 | 12.3x | +4.2% |
| FY2024 | 7.4x | −39.8% |
