IX FY 2023 Earnings Report — ORIX Corporation Revenue & Financial Results | Market Cap Arena

ORIX CorporationIX

FY 2023 Earnings

Reported March 30, 2023

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$16.7B	—	—	—	—
Op. Income	$2.1B	—	—	—	—
Gross Margin	39.1%	—	—	—	—
Net Margin	10.9%	—	—	—	—
EPS (Diluted)	$1.45	—	—	—	—
Free Cash Flow	$4.9B	—	—	—	—

Revenue Flow

Item	Amount
REVENUE	$16.7B
Cost of Revenue	$10.2B
GROSS PROFIT	$6.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$3.5B
Other Expenses	$931M
Operating Expenses	$4.4B
Cost & Expenses	$14.6B
OPERATING INCOME	$2.1B
Interest Income	$2.0B
Interest Expense	$800M
Other Income/Expenses	$352M
INCOME BEFORE TAX	$2.5B
Income Tax Expense	$597M
Net Income from Continuing Ops	$1.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.8B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.8B
D&A	$2.1B
EBIT	$3.0B
EBITDA	$5.1B
EPS	$1
EPS Diluted	$1

Income Statement

Item	Amount
REVENUE	$16.7B
Cost of Revenue	$10.2B
GROSS PROFIT	$6.5B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$3.5B
Other Expenses	$931M
Operating Expenses	$4.4B
Cost & Expenses	$14.6B
OPERATING INCOME	$2.1B
Interest Income	$2.0B
Interest Expense	$800M
Other Income/Expenses	$352M
INCOME BEFORE TAX	$2.5B
Income Tax Expense	$597M
Net Income from Continuing Ops	$1.9B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.8B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.8B
D&A	$2.1B
EBIT	$3.0B
EBITDA	$5.1B
EPS	$1
EPS Diluted	$1

Cash Flow Statement

Item	Amount
Net Income	$1.8B
Depreciation & Amortization	$2.1B
Stock-Based Compensation	$0
Deferred Income Tax	$0
Other Non-Cash Items	$2.7B
Change in Working Capital	-$1.1B
OPERATING CASH FLOW	$5.5B
Capital Expenditure	-$649M
Acquisitions (Net)	-$1.6B
Purchases of Investments	-$10.1B
Sales/Maturities of Investments	$4.7B
Other Investing Activities	$523M
NET CASH FROM INVESTING	-$7.1B
Net Debt Issuance	$4.3B
Common Stock Repurchased	-$326M
Common Dividends Paid	-$666M
Other Financing Activities	-$304M
NET CASH FROM FINANCING	$3.0B
FREE CASH FLOW	$4.9B
Net Change in Cash	$1.7B

Balance Sheet

Item	Amount
Cash & Equivalents	$7.7B
Short-Term Investments	$27M
Net Receivables	$34.0B
Inventory	$1.1B
Other Current Assets	$1.2B
TOTAL CURRENT ASSETS	$44.1B
PP&E (Net)	$6.1B
Goodwill	$3.9B
Intangible Assets	$3.7B
Long-Term Investments	$23.6B
Tax Assets	$0
Other Non-Current Assets	$14.4B
TOTAL NON-CURRENT ASSETS	$51.7B
TOTAL ASSETS	$95.8B
Account Payables	$2.3B
Short-Term Debt	$3.2B
Deferred Revenue	$0
Other Current Liabilities	$584M
TOTAL CURRENT LIABILITIES	$6.1B
Long-Term Debt	$32.6B
Deferred Revenue NC	$0
Deferred Tax Liabilities	$0
Other Non-Current Liabilities	$32.6B
TOTAL NON-CURRENT LIABILITIES	$67.0B
TOTAL LIABILITIES	$73.1B
Common Stock	$1.4B
Additional Paid-In Capital	$1.5B
Retained Earnings	$19.1B
Treasury Stock	-$760M
Accum. Other Comp. Income	$978M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$22.2B
Minority Interest	$449M
TOTAL EQUITY	$22.6B
TOTAL LIABILITIES & EQUITY	$95.8B
Total Debt	$37.7B
Net Debt	$29.9B