Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Kao.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.63T | $1.53T | $1.55T | $1.42T | $1.38T | $1.50T | $1.51T | $1.49T | $1.46T | $1.47T |
| Cost of Revenue | $990.04B | $972.15B | $1.00T | $845.57B | $791.30B | $848.72B | $853.99B | $834.11B | $637.50B | $658.22B |
| Gross Profit | $638.40B | $560.43B | $548.34B | $573.19B | $590.69B | $653.52B | $654.02B | $655.31B | $820.11B | $813.57B |
| Gross Profit Ratio | 39.20% | 36.57% | 35.35% | 40.40% | 42.74% | 43.50% | 43.37% | 44.00% | 56.26% | 55.28% |
| Research and Development Expenses | $62.09B | $62.60B | $60.60B | $58.99B | $58.51B | $59.14B | $57.67B | $56.70B | $54.57B | $52.70B |
| General and Administrative Expenses | $355.54B | $466.77B | $440.91B | $427.05B | $415.83B | $442.91B | $444.85B | $452.67B | $633.37B | $306.01B |
| Selling and Marketing Expenses | $142.60B | $-90.39B | $121.70B | $121.95B | $117.53B | $134.49B | $135.58B | $148.93B | $238.77B | $258.37B |
| Selling General and Administrative Expenses | $498.14B | $376.38B | $440.91B | $427.05B | $415.83B | $442.91B | $444.85B | $452.67B | $633.37B | $564.38B |
| Other Expenses | $-68.47B | $33.62B | $-2.64B | $2.64B | $-696.00M | $-1.12B | $1.47B | $-2.14B | $1.17B | $2.93B |
| Operating Expenses | $491.76B | $466.77B | $438.27B | $429.68B | $415.13B | $441.80B | $446.31B | $450.52B | $634.54B | $649.19B |
| Cost and Expenses | $1.48T | $1.47T | $1.44T | $1.28T | $1.21T | $1.29T | $1.30T | $1.28T | $1.27T | $1.31T |
| Interest Income | $- | $4.87B | $5.65B | $6.47B | $1.71B | $2.03B | $1.72B | $1.45B | $1.39B | $1.04B |
| Interest Expense | $- | $3.45B | $2.42B | $2.60B | $5.84B | $5.23B | $4.25B | $3.96B | $5.42B | $1.49B |
| Depreciation and Amortization | $88.42B | $89.59B | $89.74B | $87.34B | $86.08B | $83.37B | $60.66B | $54.51B | $51.12B | $73.62B |
| EBITDA | $235.07B | $154.50B | $205.46B | $237.32B | $260.73B | $297.72B | $269.86B | $260.14B | $236.16B | $225.01B |
| EBITDA Ratio | 14.43% | 10.08% | 13.41% | 16.91% | 19.24% | 19.92% | 18.05% | 17.64% | 16.46% | 16.60% |
| Operating Income | $146.64B | $60.03B | $110.07B | $143.51B | $175.56B | $211.72B | $207.70B | $204.79B | $185.57B | $164.38B |
| Operating Income Ratio | 9.01% | 3.92% | 7.10% | 10.12% | 12.70% | 14.09% | 13.77% | 13.75% | 12.73% | 11.17% |
| Total Other Income Expenses Net | $4.38B | $3.81B | $5.78B | $-2.74B | $-1.59B | $-5.43B | $-452.00M | $-501.00M | $-2.14B | $-1.28B |
| Income Before Tax | $151.02B | $63.84B | $115.85B | $150.00B | $173.97B | $210.65B | $207.25B | $204.29B | $183.43B | $161.58B |
| Income Before Tax Ratio | 9.27% | 4.17% | 7.47% | 10.57% | 12.59% | 14.02% | 13.74% | 13.72% | 12.58% | 10.98% |
| Income Tax Expense | $40.65B | $17.68B | $28.11B | $38.59B | $45.90B | $60.30B | $51.92B | $55.68B | $55.54B | $62.10B |
| Net Income | $107.77B | $43.87B | $86.04B | $109.64B | $126.14B | $148.21B | $153.70B | $147.01B | $126.55B | $98.86B |
| Net Income Ratio | 6.62% | 2.86% | 5.55% | 7.73% | 9.13% | 9.87% | 10.19% | 9.87% | 8.68% | 6.72% |
| EPS | $231.94 | $94.37 | $183.28 | $230.59 | $262.29 | $306.70 | $314.25 | $298.30 | $253.43 | $209.82 |
| EPS Diluted | $231.94 | $94.37 | $183.27 | $230.57 | $262.25 | $306.63 | $314.13 | $298.09 | $253.18 | $209.53 |
| Weighted Average Shares Outstanding | 464.63M | 464.85M | 469.44M | 475.47M | 480.93M | 483.25M | 489.09M | 492.83M | 499.36M | 501.35M |
| Weighted Average Shares Outstanding Diluted | 464.63M | 464.86M | 469.46M | 475.50M | 481.00M | 483.36M | 489.29M | 493.17M | 499.84M | 502.06M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $357.71B | $291.66B | $268.25B | $336.07B | $353.18B | $289.68B | $265.98B | $343.08B | $303.03B | $125.16B |
| Short Term Investments | $10.53B | $- | $3.60B | $6.09B | $7.26B | $13.79B | $15.15B | $14.91B | $13.04B | $158.65B |
| Cash and Short Term Investments | $368.24B | $291.66B | $271.85B | $342.16B | $360.43B | $303.47B | $281.12B | $357.99B | $316.06B | $283.81B |
| Net Receivables | $238.08B | $231.12B | $230.60B | $216.21B | $200.09B | $208.84B | $223.10B | $219.31B | $210.26B | $204.30B |
| Inventory | $274.63B | $263.81B | $278.38B | $228.07B | $197.64B | $199.67B | $197.57B | $183.92B | $165.20B | $158.13B |
| Other Current Assets | $33.08B | $35.70B | $26.37B | $23.35B | $20.23B | $25.05B | $24.52B | $28.16B | $23.81B | $86.99B |
| Total Current Assets | $914.02B | $817.11B | $807.21B | $809.79B | $778.40B | $737.03B | $726.31B | $789.38B | $715.34B | $733.23B |
| Property Plant Equipment Net | $539.89B | $546.82B | $577.95B | $572.67B | $580.46B | $601.65B | $418.94B | $395.80B | $370.83B | $327.73B |
| Goodwill | $228.41B | $218.89B | $191.86B | $183.50B | $177.03B | $179.71B | $180.29B | $138.74B | $137.78B | $127.10B |
| Intangible Assets | $81.95B | $81.76B | $60.18B | $52.64B | $48.26B | $47.77B | $46.55B | $16.83B | $14.69B | $16.62B |
| Goodwill and Intangible Assets | $310.36B | $300.64B | $252.04B | $236.13B | $225.29B | $227.48B | $226.84B | $155.56B | $152.47B | $143.72B |
| Long Term Investments | $14.53B | $38.69B | $32.78B | $27.54B | $25.01B | $20.60B | $16.32B | $20.11B | $17.14B | $-136.32B |
| Tax Assets | $- | $55.52B | $43.83B | $41.35B | $42.27B | $47.88B | $49.16B | $40.92B | $50.94B | $23.90B |
| Other Non-Current Assets | $88.44B | $10.97B | $12.53B | $16.52B | $14.19B | $19.28B | $23.42B | $25.60B | $31.59B | $189.61B |
| Total Non-Current Assets | $953.21B | $952.64B | $919.14B | $894.22B | $887.22B | $916.89B | $734.67B | $638.00B | $622.97B | $548.64B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $1.87T | $1.77T | $1.73T | $1.70T | $1.67T | $1.65T | $1.46T | $1.43T | $1.34T | $1.28T |
| Account Payables | $258.04B | $161.94B | $172.17B | $155.98B | $137.68B | $222.31B | $225.56B | $224.89B | $216.89B | $133.73B |
| Short Term Debt | $55.90B | $33.06B | $85.11B | $26.09B | $50.25B | $45.16B | $40.49B | $25.26B | $30.29B | $62.00M |
| Tax Payables | $20.98B | $15.09B | $12.30B | $24.08B | $28.11B | $36.21B | $34.20B | $34.26B | $32.62B | $32.07B |
| Deferred Revenue | $- | $45.26B | $32.47B | $63.59B | $59.59B | $65.64B | $62.34B | $64.11B | $52.16B | $207.18B |
| Other Current Liabilities | $174.69B | $204.58B | $184.58B | $184.61B | $186.26B | $128.85B | $130.59B | $137.26B | $150.65B | $211.63B |
| Total Current Liabilities | $509.60B | $459.93B | $486.62B | $421.90B | $425.40B | $432.53B | $430.84B | $421.67B | $430.45B | $377.49B |
| Long Term Debt | $189.43B | $228.01B | $177.78B | $242.60B | $223.95B | $243.07B | $80.34B | $12.34B | $-26.73B | $120.06B |
| Deferred Revenue Non-Current | $- | $- | $- | $45.10B | $68.89B | $98.23B | $182.84B | $85.40B | $120.25B | $- |
| Deferred Tax Liabilities Non-Current | $- | $8.68B | $6.86B | $5.83B | $4.58B | $3.75B | $2.86B | $435.00M | $528.00M | $- |
| Other Non-Current Liabilities | $69.37B | $61.08B | $59.70B | $4.71B | $4.58B | $4.92B | $111.44B | $5.18B | $5.26B | $97.18B |
| Total Non-Current Liabilities | $258.80B | $297.77B | $244.34B | $298.23B | $302.02B | $349.97B | $194.64B | $186.34B | $216.40B | $217.24B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $768.40B | $757.70B | $730.97B | $720.13B | $727.42B | $782.50B | $625.48B | $608.01B | $646.85B | $594.74B |
| Preferred Stock | $- | $- | $- | $3.72B | $43.38B | $32.97B | $30.03B | $12.31B | $21.82B | $- |
| Common Stock | $85.42B | $85.42B | $85.42B | $85.42B | $85.42B | $85.42B | $85.42B | $85.42B | $85.42B | $85.42B |
| Retained Earnings | $748.78B | $711.80B | $740.37B | $781.76B | $778.89B | $700.84B | $670.00B | $634.88B | $565.72B | $502.13B |
| Accumulated Other Comprehensive Income Loss | $- | $83.92B | $43.84B | $-3.72B | $-43.38B | $-32.97B | $-30.03B | $-12.31B | $-21.82B | $185.88B |
| Other Total Stockholders Equity | $232.57B | $102.51B | $102.42B | $101.67B | $102.75B | $104.41B | $96.96B | $98.39B | $50.52B | $100.46B |
| Total Stockholders Equity | $1.07T | $983.66B | $972.06B | $965.14B | $923.69B | $857.70B | $822.36B | $806.38B | $679.84B | $676.50B |
| Total Equity | $1.10T | $1.01T | $995.38B | $983.88B | $938.19B | $871.42B | $835.51B | $819.36B | $691.46B | $687.13B |
| Total Liabilities and Stockholders Equity | $1.87T | $1.77T | $1.73T | $1.70T | $1.67T | $1.65T | $1.46T | $1.43T | $1.34T | $1.28T |
| Minority Interest | $32.06B | $28.39B | $23.32B | $18.74B | $14.51B | $13.73B | $13.15B | $12.98B | $11.62B | $10.64B |
| Total Liabilities and Total Equity | $1.87T | $1.77T | $1.73T | $1.70T | $1.67T | $1.65T | $1.46T | $1.43T | $1.34T | $1.28T |
| Total Investments | $14.53B | $38.69B | $36.39B | $33.64B | $32.27B | $34.39B | $31.47B | $35.03B | $30.17B | $22.33B |
| Total Debt | $245.33B | $261.07B | $262.89B | $268.68B | $274.21B | $288.23B | $120.83B | $120.58B | $120.65B | $120.12B |
| Net Debt | $-112.39B | $-30.59B | $-5.36B | $-67.39B | $-78.97B | $-1.45B | $-145.15B | $-222.49B | $-182.38B | $-5.04B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $107.77B | $43.87B | $115.85B | $150.00B | $173.97B | $210.65B | $207.25B | $204.29B | $183.43B | $161.58B |
| Depreciation and Amortization | $88.42B | $89.59B | $89.74B | $87.34B | $86.08B | $83.37B | $60.66B | $54.51B | $51.12B | $73.62B |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-14.32B | $47.20B | $-20.71B | $-39.05B | $-25.96B | $6.92B | $-3.58B | $-35.06B | $2.86B | $225.00M |
| Accounts Receivables | $1.18B | $20.48B | $3.39B | $-4.44B | $6.44B | $12.86B | $-12.59B | $-3.46B | $-4.05B | $-4.88B |
| Inventory | $-1.41B | $29.38B | $-36.93B | $-20.51B | $646.00M | $-2.85B | $-15.68B | $-15.35B | $-17.45B | $-4.75B |
| Accounts Payables | $- | $-19.38B | $5.50B | $8.68B | $-4.23B | $696.00M | $3.95B | $14.64B | $4.39B | $9.71B |
| Other Working Capital | $-14.09B | $16.72B | $7.33B | $-22.79B | $-28.82B | $-3.79B | $12.10B | $-19.71B | $20.31B | $4.97B |
| Other Non Cash Items | $19.71B | $21.82B | $-53.97B | $-22.77B | $-19.38B | $-56.41B | $-68.73B | $-37.89B | $-53.09B | $-54.56B |
| Net Cash Provided by Operating Activities | $201.59B | $202.48B | $130.91B | $175.52B | $214.72B | $244.52B | $195.61B | $185.84B | $184.31B | $180.86B |
| Investments in Property Plant and Equipment | $-57.40B | $-54.17B | $-77.20B | $-71.52B | $-69.85B | $-93.78B | $-88.00B | $-89.94B | $-79.70B | $-69.67B |
| Acquisitions Net | $- | $-40.83B | $- | $-11.57B | $-10.45B | $-195.00M | $-73.92B | $-2.91B | $-3.66B | $- |
| Purchases of Investments | $- | $-9.36B | $-7.43B | $-11.42B | $-14.05B | $-35.19B | $-26.77B | $-26.67B | $-11.57B | $-2.67B |
| Sales Maturities of Investments | $- | $6.71B | $10.66B | $12.93B | $19.66B | $36.66B | $26.99B | $25.35B | $3.70B | $1.35B |
| Other Investing Activities | $11.50B | $-11.66B | $-944.00M | $14.34B | $12.76B | $-1.76B | $3.80B | $-1.98B | $2.58B | $-4.34B |
| Net Cash Used for Investing Activities | $-45.90B | $-109.30B | $-74.91B | $-67.23B | $-61.94B | $-94.27B | $-157.90B | $-96.15B | $-88.64B | $-74.02B |
| Debt Repayment | $-16.02B | $9.55B | $-258.00M | $-849.00M | $988.00M | $6.17B | $284.00M | $-149.00M | $-161.00M | $18.88B |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $- | $-17.00M | $-50.03B | $-51.79B | $-28.00M | $-50.03B | $-50.03B | $-1.84B | $-50.02B | $-55.00M |
| Dividends Paid | $-70.25B | $-69.34B | $-68.93B | $-67.86B | $-64.99B | $-60.51B | $-56.84B | $-50.30B | $-44.19B | $-37.14B |
| Other Financing Activities | $-18.31B | $-20.18B | $-20.09B | $-21.07B | $-23.04B | $-21.79B | $-1.99B | $-954.00M | $-673.00M | $-2.46B |
| Net Cash Used Provided by Financing Activities | $-104.58B | $-79.98B | $-139.31B | $-141.57B | $-87.06B | $-126.17B | $-108.58B | $-53.24B | $-95.04B | $-20.60B |
| Effect of Forex Changes on Cash | $14.95B | $10.22B | $15.50B | $16.17B | $-2.22B | $-388.00M | $-6.23B | $3.60B | $-7.52B | $-5.47B |
| Net Change in Cash | $357.71B | $23.41B | $-67.82B | $-17.11B | $63.49B | $23.70B | $-77.10B | $40.05B | $-6.90B | $80.78B |
| Cash at End of Period | $357.71B | $291.66B | $268.25B | $336.07B | $353.18B | $289.68B | $265.98B | $343.08B | $303.03B | $309.44B |
| Cash at Beginning of Period | $- | $268.25B | $336.07B | $353.18B | $289.68B | $265.98B | $343.08B | $303.03B | $309.92B | $228.66B |
| Operating Cash Flow | $201.59B | $202.48B | $130.91B | $175.52B | $214.72B | $244.52B | $195.61B | $185.84B | $184.31B | $180.86B |
| Capital Expenditure | $-57.40B | $-66.45B | $-77.20B | $-71.52B | $-69.85B | $-93.78B | $-88.00B | $-89.94B | $-79.70B | $-69.67B |
| Free Cash Flow | $144.18B | $136.03B | $53.70B | $104.00B | $144.87B | $150.75B | $107.61B | $95.91B | $104.61B | $111.19B |