Orix Financials
Orix (IX) reported $11.8B in revenue for fiscal year 2012, up 1.5% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
A leveraged balance-sheet model turns thin asset returns into stronger equity earnings as cash generation strengthens.
From FY2010 to FY2012, return on assets moved from0.5% to1.0% . Even so, return on equity more than doubled because debt-to-equity stayed above 3x, telling you the core mechanic is balance-sheet amplification rather than unusually rich asset-level returns; the model depends on small improvements in profitability and funding efficiency.
The FY2012 earnings step-up was not mainly a top-line story: operating margin expanded from
In FY2012, operating cash flow of
Financial Health Signals
Orix does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Orix passes 6 of 7 computable financial strength tests (2 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Orix generates $3.87 in operating cash flow ($4.1B OCF vs $1.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Orix earns $1.13 in operating income for every $1 of interest expense ($1.5B vs $1.3B). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Orix generated $11.8B in revenue in fiscal year 2012. This represents an increase of 1.5% from the prior year.
Orix's EBITDA was $3.6B in fiscal year 2012, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 22.5% from the prior year.
Orix reported $1.0B in net income in fiscal year 2012. This represents an increase of 29.5% from the prior year.
Orix earned $8.16 per diluted share (EPS) in fiscal year 2012. This represents an increase of 28.5% from the prior year.
Cash & Balance Sheet
Orix held $9.6B in cash against $51.9B in long-term debt as of fiscal year 2012.
Orix paid $0.97 per share in dividends in fiscal year 2012. This represents an increase of 7.8% from the prior year.
Not reported for fiscal year 2012.
Margins & Returns
Orix's operating margin was 12.9% in fiscal year 2012, reflecting core business profitability. This is up 5.3 percentage points from the prior year.
Orix's net profit margin was 8.8% in fiscal year 2012, showing the share of revenue converted to profit. This is up 1.9 percentage points from the prior year.
Orix's ROE was 6.2% in fiscal year 2012, measuring profit generated per dollar of shareholder equity. This is up 1.1 percentage points from the prior year.
Not reported for fiscal year 2012.
Capital Allocation
None of these metrics is reported for fiscal year 2012.
IX Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'12 | Q4'11 | Q4'10 |
|---|
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax, Net Income, EPS (Diluted).
IX Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'12 | Q4'11 | Q4'10 |
|---|---|---|---|
| Total Assets | $101.7B-1.5% | $103.2B+24.1% | $83.2B |
| Cash & Equivalents | $9.6B+7.5% | $8.9B+15.9% | $7.7B |
| Inventory | $120.0M-18.4% | $147.0M | N/A |
| Goodwill | $1.2B+1.1% | $1.2B+34.9% | $855.0M |
| Total Liabilities | $83.7B-3.4% | $86.7B+26.1% | $68.7B |
| Long-Term Debt | $51.9B-4.7% | $54.5B+32.2% | $41.2B |
| Total Equity | $17.0B+7.1% | $15.9B+13.7% | $14.0B |
| Retained Earnings | $14.8B+7.9% | $13.7B+15.6% | $11.9B |
Not reported in any period shown, so not listed: Current Assets, Accounts Receivable, Current Liabilities.
IX Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | Q4'12 | Q4'11 | Q4'10 |
|---|
Not reported in any period shown, so not listed: Operating Cash Flow, Capital Expenditures, Free Cash Flow, Investing Cash Flow, Financing Cash Flow, Dividends Paid, Share Buybacks.
IX Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | Q4'12 | Q4'11 | Q4'10 |
|---|---|---|---|
| Debt-to-Equity | 3.06-0.4x | 3.43+0.5x | 2.95 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Equity, Return on Assets, Current Ratio, FCF Margin.
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Where Orix Ranks
Frequently Asked Questions
What is Orix's annual revenue?
Orix (IX) reported $11.8B in total revenue for fiscal year 2012. This represents a 1.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Orix's revenue growing?
Orix (IX) revenue grew by 1.5% year-over-year, from $11.7B to $11.8B in fiscal year 2012.
Is Orix profitable?
Yes, Orix (IX) reported a net income of $1.0B in fiscal year 2012, with a net profit margin of 8.8%.
What is Orix's EBITDA?
Orix (IX) had EBITDA of $3.6B in fiscal year 2012, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Orix have?
As of fiscal year 2012, Orix (IX) had $9.6B in cash and equivalents against $51.9B in long-term debt.
What is Orix's operating margin?
Orix (IX) had an operating margin of 12.9% in fiscal year 2012, reflecting the profitability of core business operations before interest and taxes.
What is Orix's net profit margin?
Orix (IX) had a net profit margin of 8.8% in fiscal year 2012, representing the share of revenue converted into profit after all expenses.
Does Orix pay dividends?
Yes, Orix (IX) paid $0.97 per share in dividends during fiscal year 2012.
What is Orix's return on equity (ROE)?
Orix (IX) has a return on equity of 6.2% for fiscal year 2012, measuring how efficiently the company generates profit from shareholder equity.
What is Orix's operating cash flow?
Orix (IX) generated $4.1B in operating cash flow during fiscal year 2012, representing cash generated from core business activities.
What are Orix's total assets?
Orix (IX) had $101.7B in total assets as of fiscal year 2012, including both current and long-term assets.
What is Orix's debt-to-equity ratio?
Orix (IX) had a debt-to-equity ratio of 3.06 as of fiscal year 2012, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Orix's return on assets (ROA)?
Orix (IX) had a return on assets of 1.0% for fiscal year 2012, measuring how efficiently the company uses its assets to generate profit.
What is Orix's Piotroski F-Score?
Orix (IX) has a Piotroski F-Score of 6 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Orix's earnings high quality?
Orix (IX) has an earnings quality ratio of 3.87x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Orix cover its interest payments?
Orix (IX) has an interest coverage ratio of 1.13x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.