3 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $427M | $40M | 22.5% | 13.8% | $41M | — | $59M |
| 2024 | $177M | $41M | 12.4% | 5.0% | $4M | $37M | $17M |
| 2023 | $62M | $10M | 26.7% | 19.2% | -$127M | $12M | $19M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Jun '23 | — | -$2M | — | — | -$76M | — | $1M |
| Dec '22 | — | -$186839 | — | — | -$6M | — | $2M |
How the market has priced TOYO against its own fundamentals since 2024-07 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 2 years, TOYO Co., Ltd's revenue has grown 161.8% per year, and net income grown 100.3% per year. These are computed facts, not advice.
As of FY2025, TOYO Co., Ltd reported — of total debt against $59M of cash; operating income covered interest expense 18×.
In FY2025, gross margin was 22.5%, operating margin 13.8%, and net margin 9.3%.
As of Jun '26, TOYO Co., Ltd traded at a price-to-earnings ratio of about 5.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.