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 Kubota.
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 | $3.02T | $3.02T | $2.68T | $2.20T | $1.85T | $1.92T | $1.85T | $1.75T | $1.60T | $1.24T |
| Cost of Revenue | $2.09T | $2.14T | $1.98T | $1.56T | $1.32T | $1.36T | $1.32T | $1.24T | $1.12T | $848.40B |
| Gross Profit | $927.98B | $876.47B | $696.52B | $631.81B | $534.85B | $559.93B | $527.39B | $510.83B | $473.55B | $396.38B |
| Gross Profit Ratio | 30.77% | 29.02% | 26.00% | 28.76% | 28.86% | 29.16% | 28.50% | 29.16% | 29.67% | 31.84% |
| Research and Development Expenses | $- | $100.11B | $89.90B | $67.47B | $58.40B | $59.35B | $53.84B | $48.11B | $43.01B | $39.51B |
| General and Administrative Expenses | $597.01B | $538.62B | $485.64B | $390.45B | $356.09B | $351.99B | $332.62B | $311.74B | $283.85B | $224.56B |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $597.01B | $538.62B | $485.64B | $390.45B | $356.09B | $351.99B | $332.62B | $311.74B | $283.85B | $224.56B |
| Other Expenses | $- | $-91.09B | $-8.06B | $-4.85B | $3.47B | $6.29B | $5.46B | $-8.91B | $-1.62B | $7.92B |
| Operating Expenses | $597.01B | $547.64B | $477.58B | $385.60B | $359.57B | $358.27B | $338.07B | $312.00B | $284.77B | $229.50B |
| Cost and Expenses | $2.69T | $2.69T | $2.46T | $1.95T | $1.68T | $1.72T | $1.66T | $1.55T | $1.41T | $1.08T |
| Interest Income | $26.30B | $18.71B | $16.98B | $9.34B | $12.29B | $8.87B | $9.82B | $7.38B | $7.05B | $5.78B |
| Interest Expense | $6.64B | $5.25B | $2.00B | $2.99B | $1.68B | $1.50B | $1.90B | $916.00M | $503.00M | $698.00M |
| Depreciation and Amortization | $120.46B | $107.27B | $89.25B | $71.70B | $67.34B | $62.24B | $49.62B | $45.14B | $43.37B | $31.19B |
| EBITDA | $436.10B | $454.81B | $322.40B | $325.61B | $254.91B | $272.76B | $247.89B | $260.06B | $234.13B | $201.40B |
| EBITDA Ratio | 14.46% | 15.06% | 12.04% | 14.82% | 13.76% | 14.21% | 13.40% | 14.85% | 14.67% | 16.18% |
| Operating Income | $330.97B | $328.83B | $218.94B | $246.21B | $175.28B | $201.65B | $189.31B | $198.83B | $188.78B | $166.87B |
| Operating Income Ratio | 10.97% | 10.89% | 8.17% | 11.21% | 9.46% | 10.50% | 10.23% | 11.35% | 11.83% | 13.41% |
| Total Other Income Expenses Net | $9.42B | $13.46B | $18.41B | $7.99B | $10.62B | $7.37B | $7.92B | $14.05B | $8.19B | $2.63B |
| Income Before Tax | $340.40B | $342.29B | $233.93B | $252.56B | $185.90B | $209.02B | $197.23B | $212.90B | $196.97B | $169.50B |
| Income Before Tax Ratio | 11.29% | 11.33% | 8.73% | 11.50% | 10.03% | 10.89% | 10.66% | 12.16% | 12.34% | 13.62% |
| Income Tax Expense | $80.73B | $84.40B | $59.15B | $64.87B | $47.03B | $53.00B | $49.12B | $69.92B | $56.55B | $54.26B |
| Net Income | $230.44B | $238.46B | $156.47B | $174.76B | $128.52B | $149.06B | $138.59B | $136.44B | $132.49B | $110.11B |
| Net Income Ratio | 7.64% | 7.89% | 5.84% | 7.96% | 6.94% | 7.76% | 7.49% | 7.79% | 8.30% | 8.85% |
| EPS | $197.61 | $201.74 | $131.06 | $144.80 | $105.85 | $121.59 | $112.44 | $108.45 | $106.58 | $88.47 |
| EPS Diluted | $197.61 | $201.74 | $131.06 | $144.80 | $105.85 | $121.59 | $112.44 | $108.45 | $106.58 | $88.47 |
| Weighted Average Shares Outstanding | 1.17B | 1.18B | 1.19B | 1.21B | 1.21B | 1.23B | 1.23B | 1.24B | 1.24B | 1.24B |
| Weighted Average Shares Outstanding Diluted | 1.17B | 1.18B | 1.19B | 1.21B | 1.21B | 1.23B | 1.23B | 1.24B | 1.24B | 1.24B |
| 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 | $295.13B | $222.12B | $225.80B | $258.64B | $222.92B | $199.66B | $229.12B | $230.72B | $169.42B | $146.29B |
| Short Term Investments | $- | $83.02B | $71.52B | $50.88B | $49.97B | $71.97B | $54.37B | $250.68B | $4.87B | $4.71B |
| Cash and Short Term Investments | $295.13B | $305.14B | $297.31B | $309.51B | $272.89B | $271.63B | $283.50B | $230.72B | $169.42B | $146.29B |
| Net Receivables | $1.63T | $1.55T | $1.29T | $955.21B | $919.35B | $- | $- | $912.91B | $877.00B | $859.27B |
| Inventory | $692.28B | $668.05B | $644.47B | $510.06B | $374.00B | $382.40B | $370.70B | $362.52B | $356.18B | $356.44B |
| Other Current Assets | $251.07B | $55.85B | $57.93B | $92.25B | $72.31B | $88.32B | $57.67B | $108.09B | $151.20B | $128.85B |
| Total Current Assets | $2.87T | $2.58T | $2.31T | $1.87T | $1.64T | $1.72T | $1.64T | $1.62T | $1.56T | $1.49T |
| Property Plant Equipment Net | $861.84B | $727.06B | $635.70B | $496.31B | $424.67B | $405.35B | $330.03B | $334.24B | $314.23B | $285.87B |
| Goodwill | $143.32B | $145.72B | $162.44B | $10.36B | $3.30B | $3.36B | $3.35B | $- | $7.29B | $5.72B |
| Intangible Assets | $203.86B | $187.00B | $116.33B | $85.53B | $50.25B | $40.74B | $37.05B | $47.80B | $46.06B | $29.43B |
| Goodwill and Intangible Assets | $347.19B | $332.71B | $278.77B | $95.88B | $72.54B | $60.99B | $49.95B | $47.80B | $46.06B | $29.43B |
| Long Term Investments | $1.84T | $1.58T | $140.41B | $147.67B | $124.74B | $110.70B | $127.44B | $777.55B | $717.33B | $684.49B |
| Tax Assets | $- | $96.09B | $74.44B | $50.42B | $43.64B | $46.98B | $50.05B | $48.99B | $14.46B | $16.22B |
| Other Non-Current Assets | $105.46B | $38.78B | $1.30T | $1.12T | $885.18B | $796.42B | $698.66B | $29.83B | $15.43B | $26.06B |
| Total Non-Current Assets | $3.15T | $2.78T | $2.43T | $1.91T | $1.55T | $1.42T | $1.26T | $1.24T | $1.11T | $1.04T |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $6.02T | $5.36T | $4.73T | $3.77T | $3.19T | $3.14T | $2.90T | $2.85T | $2.67T | $2.53T |
| Account Payables | $274.74B | $300.90B | $454.78B | $392.33B | $323.61B | $293.77B | $306.76B | $286.12B | $255.86B | $103.17B |
| Short Term Debt | $903.14B | $663.29B | $659.43B | $520.71B | $380.71B | $401.31B | $349.06B | $196.62B | $338.49B | $215.70B |
| Tax Payables | $24.77B | $29.71B | $24.65B | $33.55B | $14.68B | $18.61B | $9.35B | $37.22B | $19.65B | $5.54B |
| Deferred Revenue | $- | $- | $33.51B | $182.49B | $141.86B | $128.47B | $89.17B | $168.81B | $151.46B | $123.08B |
| Other Current Liabilities | $570.68B | $499.16B | $276.12B | $320.35B | $23.72B | $31.10B | $168.48B | $61.49B | $222.62B | $231.73B |
| Total Current Liabilities | $1.77T | $1.49T | $1.59T | $1.31T | $1.03T | $1.00T | $922.82B | $919.07B | $836.61B | $807.90B |
| Long Term Debt | $1.37T | $1.36T | $1.00T | $621.26B | $535.85B | $542.48B | $491.56B | $474.23B | $476.87B | $426.32B |
| Deferred Revenue Non-Current | $- | $- | $- | $48.27B | $47.68B | $46.02B | $136.31B | $-41.17B | $- | $-51.63B |
| Deferred Tax Liabilities Non-Current | $- | $55.65B | $27.10B | $31.03B | $28.09B | $32.98B | $29.31B | $41.17B | $- | $51.63B |
| Other Non-Current Liabilities | $130.63B | $31.13B | $74.94B | $5.26B | $-22.92B | $-21.12B | $25.53B | $34.02B | $85.17B | $80.15B |
| Total Non-Current Liabilities | $1.51T | $1.45T | $1.06T | $674.80B | $588.71B | $600.36B | $546.40B | $549.42B | $562.04B | $506.47B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $3.28T | $2.94T | $2.65T | $1.99T | $1.62T | $1.60T | $1.47T | $1.47T | $1.40T | $1.31T |
| Preferred Stock | $- | $- | $- | $- | $18.16B | $- | $- | $- | $- | $- |
| Common Stock | $84.13B | $84.13B | $84.13B | $84.13B | $84.13B | $84.13B | $84.13B | $84.10B | $84.07B | $84.07B |
| Retained Earnings | $1.83T | $1.69T | $1.54T | $1.44T | $1.33T | $1.24T | $1.14T | $19.54B | $19.54B | $19.54B |
| Accumulated Other Comprehensive Income Loss | $- | $303.79B | $188.39B | $69.52B | $-18.16B | $35.85B | $35.34B | $81.92B | $68.88B | $171.71B |
| Other Total Stockholders Equity | $560.84B | $94.17B | $75.69B | $84.75B | $84.31B | $84.03B | $84.98B | $84.86B | $103.95B | $87.64B |
| Total Stockholders Equity | $2.48T | $2.18T | $1.88T | $1.68T | $1.48T | $1.44T | $1.34T | $1.30T | $1.20T | $1.14T |
| Total Equity | $2.74T | $2.42T | $2.08T | $1.78T | $1.57T | $1.54T | $1.43T | $1.39T | $1.27T | $1.22T |
| Total Liabilities and Stockholders Equity | $6.02T | $5.36T | $4.73T | $3.77T | $3.19T | $3.14T | $2.90T | $2.85T | $2.67T | $2.53T |
| Minority Interest | $262.45B | $240.29B | $194.01B | $107.02B | $98.15B | $94.38B | $86.58B | $84.09B | $73.16B | $78.25B |
| Total Liabilities and Total Equity | $6.02T | $5.36T | $4.73T | $3.77T | $3.19T | $3.14T | $2.90T | $2.85T | $2.67T | $2.53T |
| Total Investments | $1.84T | $1.58T | $211.93B | $198.55B | $174.71B | $182.66B | $181.81B | $175.04B | $169.18B | $166.05B |
| Total Debt | $2.28T | $1.99T | $1.61T | $1.09T | $874.44B | $902.98B | $839.26B | $836.58B | $817.99B | $925.87B |
| Net Debt | $1.98T | $1.77T | $1.39T | $835.87B | $651.52B | $703.32B | $610.14B | $605.86B | $648.57B | $779.58B |
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 | $230.44B | $238.46B | $176.42B | $190.73B | $141.40B | $159.09B | $150.15B | $145.34B | $142.87B | $117.25B |
| Depreciation and Amortization | $120.46B | $107.27B | $85.21B | $71.70B | $67.34B | $62.24B | $49.62B | $45.30B | $43.37B | $31.19B |
| Deferred Income Tax | $- | $-145.00M | $-168.00M | $-103.00M | $-108.00M | $-88.00M | $- | $- | $432.00M | $6.65B |
| Stock Based Compensation | $- | $- | $168.00M | $103.00M | $108.00M | $88.00M | $66.00M | $- | $- | $- |
| Change in Working Capital | $48.62B | $-363.93B | $-234.85B | $-176.52B | $-103.72B | $-191.33B | $-161.13B | $31.71B | $650.00M | $-27.88B |
| Accounts Receivables | $-86.39B | $-228.12B | $-251.94B | $-150.42B | $-113.76B | $-118.05B | $-123.77B | $-105.61B | $-6.64B | $49.48B |
| Inventory | $22.11B | $21.95B | $-64.08B | $-109.02B | $1.04B | $-14.72B | $-25.48B | $3.43B | $-5.34B | $-27.88B |
| Accounts Payables | $- | $-168.59B | $31.84B | $59.69B | $37.88B | $-12.50B | $24.68B | $26.80B | $-1.69B | $34.25B |
| Other Working Capital | $112.89B | $10.83B | $49.33B | $23.22B | $-28.88B | $-46.05B | $-135.66B | $28.28B | $5.99B | $27.88B |
| Other Non Cash Items | $-117.44B | $1.08B | $-34.46B | $6.60B | $37.90B | $52.41B | $50.51B | $-67.00M | $-1.91B | $34.53B |
| Net Cash Provided by Operating Activities | $282.08B | $-17.27B | $-7.68B | $92.51B | $142.92B | $82.41B | $89.15B | $222.29B | $184.98B | $155.09B |
| Investments in Property Plant and Equipment | $-181.17B | $-172.48B | $-169.65B | $-125.72B | $-84.75B | $-94.86B | $-63.40B | $-64.41B | $-56.14B | $-39.27B |
| Acquisitions Net | $-2.13B | $-1.63B | $-163.90B | $-23.50B | $-15.69B | $-18.97B | $-12.00B | $-1.10B | $-42.40B | $136.00M |
| Purchases of Investments | $- | $-35.67B | $-123.63B | $-38.62B | $-77.62B | $-49.01B | $-35.89B | $-7.42B | $-8.67B | $-17.41B |
| Sales Maturities of Investments | $- | $32.78B | $125.16B | $50.52B | $109.44B | $53.07B | $41.26B | $26.92B | $9.67B | $2.53B |
| Other Investing Activities | $-25.58B | $3.56B | $13.51B | $9.95B | $21.49B | $18.29B | $11.27B | $-84.34B | $-69.99B | $-76.29B |
| Net Cash Used for Investing Activities | $-208.88B | $-173.44B | $-318.50B | $-127.37B | $-47.13B | $-91.47B | $-58.76B | $-130.34B | $-167.53B | $-130.31B |
| Debt Repayment | $141.03B | $290.65B | $385.14B | $149.24B | $12.50B | $62.80B | $24.66B | $22.43B | $70.97B | $13.80B |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-50.00B | $-30.00B | $-23.41B | $-20.00B | $-20.00B | $-20.00B | $-3.00B | $-13.20B | $-6.01B | $-2.31B |
| Dividends Paid | $-57.59B | $-54.48B | $-51.47B | $-48.33B | $-43.85B | $-43.06B | $-40.70B | $-38.42B | $-34.84B | $-37.37B |
| Other Financing Activities | $-59.70B | $-27.76B | $-27.71B | $-20.31B | $-17.00B | $-21.25B | $-8.78B | $-3.39B | $-18.77B | $-1.79B |
| Net Cash Used Provided by Financing Activities | $-26.28B | $178.40B | $282.56B | $60.59B | $-68.35B | $-21.52B | $-27.82B | $-32.58B | $11.36B | $-27.67B |
| Effect of Forex Changes on Cash | $26.08B | $8.63B | $10.78B | $9.99B | $-4.18B | $1.12B | $-4.17B | $1.93B | $-5.69B | $-5.20B |
| Net Change in Cash | $73.01B | $-3.68B | $-32.84B | $35.72B | $23.25B | $-29.46B | $-1.60B | $61.30B | $23.13B | $33.86B |
| Cash at End of Period | $295.13B | $222.12B | $225.80B | $258.64B | $222.92B | $199.66B | $229.12B | $230.72B | $169.42B | $146.29B |
| Cash at Beginning of Period | $222.12B | $225.80B | $258.64B | $222.92B | $199.66B | $229.12B | $230.72B | $169.42B | $146.29B | $112.43B |
| Operating Cash Flow | $282.08B | $-17.27B | $-7.68B | $92.51B | $142.92B | $82.41B | $89.15B | $222.29B | $184.98B | $155.09B |
| Capital Expenditure | $-214.00B | $-172.48B | $-169.65B | $-125.72B | $-84.75B | $-94.86B | $-63.40B | $-64.41B | $-56.14B | $-39.27B |
| Free Cash Flow | $68.09B | $-189.75B | $-177.33B | $-33.21B | $58.17B | $-12.45B | $25.75B | $157.88B | $128.84B | $115.83B |