HMC vs HOG vs TOYOF Stock Comparison

Honda Motor, Harley-Davidson and Toyota Motor Prices as of Oct 29, 2026 Peers: Industry group
HMC Honda Motor Co Ltd
$33.90 +5.6% 1M +8.7% 1Y
Market cap
$51.22B
P/E
–
Revenue (TTM)
$145.78B
Div. yield
1.92%
Auto Manufacturers Consumer Discretionary
4 wins
HOG Harley-Davidson, Inc.
$30.33 +22.2% 1M +12.5% 1Y
Market cap
$3.16B
P/E
12.9x
Revenue (TTM)
—
Div. yield
2.47%
Recreational Vehicles Consumer Discretionary
1 win
TOYOF Toyota Motor Corp/
$19.18 -2.7% 1M -7.8% 1Y
Market cap
$25.00B
P/E
0.8x
Revenue (TTM)
$325.91B
Div. yield
521.38%
Auto Manufacturers Consumer Discretionary
7 wins

Head to Head

12 decided of 12

Toyota Motor leads on 7 of the 12 questions below (Toyota Motor 7, Honda Motor 4, Harley-Davidson 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionHMCHOGTOYOFLeader
Larger companyMarket capitalisation $51.22B $3.16B $25.00B HMC
Cheaper on earningsLower P/E, profitable companies only -42.5x 12.9x 0.8x TOYOF
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.2x 41.0x 1.0x TOYOF
Faster revenue growthRevenue growth, trailing twelve months +0.8% — +2.8% TOYOF
More profitableNet margin, trailing twelve months -0.7% — 9.1% TOYOF
Better return on capitalReturn on invested capital 0.0% — -10.3% HMC
Less leveragedLower net debt / EBITDA 4.8x — -5.0x TOYOF
Higher dividend yieldTrailing dividend yield 1.92% 2.47% 521.38% TOYOF
Better 1-year returnPrice return, last 12 months +8.7% +12.5% -7.8% HOG
Better 5-year returnAnnualised price return, 5 years +2.8%/yr -3.6%/yr +1.4%/yr HMC
Less volatileAnnualised volatility, 1 year 28.5% 38.8% 39.3% HMC
Higher overall scoreMean of the five percentile scores vs peers 49/100 39/100 53/100 TOYOF

Percentile Scorecard

HMCHOGTOYOF

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisHMCHOGTOYOF
Valuation 80 #11 of 50 65 #18 of 50 88 #7 of 50
Growth 33 #33 of 49 4 #47 of 49 44 #28 of 49
Profitability 51 #23 of 46 – 42 #27 of 46
Financial Health 50 #26 of 51 – 38 #32 of 51
Shareholder Returns 29 #21 of 29 46 #16 of 29 –
Overall 49 39 53
  • HMC ranked among 56 companies in Automobiles and Components
  • HOG ranked among 56 companies in Automobiles and Components
  • TOYOF ranked among 56 companies in Automobiles and Components

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodHMCHOGTOYOFSPY
1 month +5.6%+22.2%-2.7% +0.7%
3 months +10.3%+23.0%-1.3% +3.7%
6 months +39.3%+27.0%+0.7% +7.1%
Year to date +15.0%+48.0%-10.0% +12.8%
1 year +8.7%+12.5%-7.8% +11.9%
3 years +10.8%+17.2%+11.1% +85.2%
3 years, per year +3.5%+5.4%+3.6% +22.8%
5 years +14.6%-16.9%+7.0% +67.6%
5 years, per year +2.8%-3.6%+1.4% +10.9%
10 years +13.7%-45.9%-66.7% +262.0%
10 years, per year +1.3%-6.0%-10.4% +13.7%

Risk

MeasureHMCHOGTOYOFSPY
Volatility, 1Y 28.5%38.8%39.3% 12.7%
Downside volatility, 1Y 27.4%36.1%41.8% 12.6%
Beta vs S&P 500, 1Y 0.940.850.59 1.00
Return / volatility, 1Y 0.300.32-0.20 0.94
Max drawdown, 5Y -37.7%-66.8%-38.6% -25.4%
From 52-week high -2.0%0.0%-22.2% -1.2%
52-week high $34.59$30.33$24.64 $779.14
52-week low $23.49$17.19$16.60 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleHMCHOGTOYOF
P/E now vs peer median -42.5xmedian 21.7x 12.9xmedian 21.7x 0.8xmedian 21.7x
P/S now vs peer median 0.4xmedian 0.5x 0.6xmedian 0.5x 0.1xmedian 0.5x
EV/EBITDA now vs peer median 10.0xmedian 8.7x —median 8.7x -5.7xmedian 8.7x
P/FCF now vs peer median 6.7xmedian 9.4x -19.4xmedian 9.4x 0.6xmedian 9.4x
P/B now vs peer median 0.7xmedian 1.0x 1.0xmedian 1.0x 0.1xmedian 1.0x
PEG now vs peer median 1.47median 1.36 —median 1.36 0.07median 1.36

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsHMCHOGTOYOF
Revenue $145.78B – $325.91B
Gross profit $25.18B – $40.62B
Operating income -$770.90M -$217.26M -$53.42B
Net income -$573.09M – $30.15B
Free cash flow $7.66B – $40.70B
R&D $9.64B – –
EPS (diluted) $-0.62 – $22.65
Cash & equivalents $32.71B $2.08B $63.88B
Total debt $342.30B – $1.09T
Shares (diluted) 1.73B 108.57M 1.30B
Enterprise value -$96.94B $3.16B -$375.82B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricHMCHOGTOYOF
P/E -42.5x 12.9x 0.8x
P/FCF 6.7x -19.4x 0.6x
P/Operating cash flow 5.9x 7.4x 0.9x
P/S 0.4x 0.6x 0.1x
P/B 0.7x 1.0x 0.1x
P/Tangible book 0.7x 1.0x 0.1x
EV/EBITDA 10.0x – -5.7x
EV/EBIT -127.9x – -4.0x
EV/Revenue 0.7x – 0.7x
EV/FCF 12.9x – 5.3x
EV/Operating cash flow 11.4x 7.4x 8.0x
PEG (3Y EPS CAGR) 1.47 – 0.07

Growth

14 metrics
MetricHMCHOGTOYOF
Revenue growth (1Y) 0.8% – 2.8%
Revenue CAGR (3Y) 14.0% – 4.4%
Gross profit growth (1Y) -17.0% – -6.3%
Gross profit CAGR (3Y) -1.4% – -13.9%
Operating income growth (1Y) -111.8% -139.2% -11.7%
Operating income CAGR (3Y) -27.8% -31.4% -62.0%
Net income growth (1Y) -112.2% – 5.4%
Net income CAGR (3Y) -27.5% – 10.6%
EPS growth (1Y) -124.9% – 6.8%
EPS CAGR (3Y) -29.0% – 12.0%
Operating cash flow growth (1Y) 183.3% -22.2% -18.5%
Operating cash flow CAGR (3Y) -21.9% -14.3% 0.9%
Free cash flow growth (1Y) 2,713% – -12.1%
Free cash flow CAGR (3Y) -21.6% – 2.9%

Profitability

14 metrics
MetricHMCHOGTOYOF
Gross margin 17.3% – 12.5%
EBITDA margin 6.8% – -11.6%
Operating margin -0.5% – -16.4%
Pretax margin -0.4% – -13.7%
Net margin -0.7% – 9.1%
FCF margin 5.3% – 12.5%
Operating cash flow margin 6.0% – 8.2%
Return on equity -0.8% -4.5% 12.6%
Return on assets -0.3% – 4.7%
Return on invested capital 0.0% – -10.3%
Return on capital employed -0.5% – -12.1%
Asset turnover 0.7x – 0.5x
Cash conversion (OCF / net income) -15.1x – 0.9x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricHMCHOGTOYOF
Debt / assets 40.8% – 42.8%
Debt / equity 1.1x – 1.2x
Net debt / EBITDA 4.8x – -5.0x
Debt / FCF 11.3x – 6.7x
Liabilities / assets 63.3% – 63.6%
Equity / assets 36.7% – 36.4%
Interest coverage -1.0x – –
Current ratio 1.3x – 1.2x
Quick ratio 0.7x – 0.5x
Cash ratio 0.6x – 0.4x
Altman Z-score 1.40 – 0.85

Shareholder Returns

7 metrics
MetricHMCHOGTOYOF
Dividend yield 1.9% 2.5% 521.4%
Net buyback yield – – -91.8%
Shareholder yield 1.9% 2.5% 429.6%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusHMCHOGTOYOF
Forward P/E 12.2xFY2026 41.0xFY2026 1.0xFY2026
EPS, next fiscal year $2.77FY2026 $0.74FY2026 $18.62FY2026
EPS growth, next FY – -73.4%FY2026 -1.2%FY2026
EPS growth, the year after +63.9% +147.3% +22.9%
Revenue, next fiscal year $159.46BFY2026 $4.11BFY2026 $349.33BFY2026
Revenue growth, next FY +15.7%FY2026 +14.8%FY2026 +8.0%FY2026
Revenue growth, the year after -1.1% +2.9% +7.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersHMCHOGTOYOF
Held by institutions 3.5% 100.0% –
Institutions holding 383 440 –
Change in shares held, QoQ -3.2% +3.1% –
Institutions buying 230 220 –
Institutions selling 95 122 –
Buyers to sellers 2.42 1.80 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

HMCHOGTOYOF
HMC 1.00 0.25 0.38
HOG 0.25 1.00 0.12
TOYOF 0.38 0.12 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, HMC, HOG and TOYOF?

Honda Motor (HMC) is the largest by market capitalisation: Honda Motor (HMC) $51.22B, Harley-Davidson (HOG) $3.16B, Toyota Motor (TOYOF) $25.00B.

Which stock is cheaper, HMC, HOG and TOYOF?

Toyota Motor (TOYOF) trades on the lowest price-to-earnings ratio (Honda Motor (HMC) -42.5x, Harley-Davidson (HOG) 12.9x, Toyota Motor (TOYOF) 0.8x). On next year's consensus earnings, Toyota Motor (TOYOF) is cheapest (Honda Motor (HMC) 12.2x, Harley-Davidson (HOG) 41.0x, Toyota Motor (TOYOF) 1.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Toyota Motor (TOYOF) grew revenue fastest over the trailing twelve months: Honda Motor (HMC) +0.8%, Toyota Motor (TOYOF) +2.8%.

Which company is more profitable?

Toyota Motor (TOYOF) has the highest net margin (Honda Motor (HMC) -0.7%, Toyota Motor (TOYOF) 9.1%). On return on invested capital, Honda Motor (HMC) leads (Honda Motor (HMC) 0.0%, Toyota Motor (TOYOF) -10.3%).

Which stock has performed better?

Over the past year Harley-Davidson (HOG) returned the most: Honda Motor (HMC) +8.7%, Harley-Davidson (HOG) +12.5%, Toyota Motor (TOYOF) -7.8%. Over five years, Honda Motor (HMC) compounded fastest (Honda Motor (HMC) +2.8%/yr, Harley-Davidson (HOG) -3.6%/yr, Toyota Motor (TOYOF) +1.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Toyota Motor (TOYOF) has the highest dividend yield: Honda Motor (HMC) 1.92%, Harley-Davidson (HOG) 2.47%, Toyota Motor (TOYOF) 521.38%.

Which stock is riskier?

By one-year price volatility, Honda Motor (HMC) has been the steadiest (Honda Motor (HMC) 28.5%, Harley-Davidson (HOG) 38.8%, Toyota Motor (TOYOF) 39.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, HMC, HOG and TOYOF?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Toyota Motor (TOYOF) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.