Honda Motor (HMC) Operating Margin (2009 - 2026)
Honda Motor's (HMC) quarterly Operating Margin came in at 5.4% in Q1 2026, down 6209.0% YoY from 0.09% in Q1 2025, and up 88.16% on a QoQ basis from 2.87% in Q4 2025.
Honda Motor (HMC) Operating Margin (2009 - 2026) Analysis & Trends
Honda Motor (HMC) has 18 years of Operating Margin data on file, last reported at 5.4% in Q1 2026.
- Quarterly Operating Margin fell 6209.0% year-over-year to 5.4% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 3.73% (down 362.0% YoY) and the FY2026 annual result came in at 1.9%, down 750.0% from the prior year.
- Operating Margin improved to 5.4% in Q1 2026, from 2.87% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 67.49% in Q1 2025 to a low of 2.87% in Q4 2025.
- A 5-year average of 10.57% and a median of 5.8% in 2022 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2023 — Operating Margin soared 273 bps — and 2026, when it plunged 6209 bps.
- Tracing HMC's Operating Margin over 5 years: stood at 5.86% in 2022, then rose by 22 bps to 7.18% in 2023, then advanced by 0 bps to 7.18% in 2024, then plunged by 60 bps to 2.87% in 2025, then surged by 88 bps to 5.4% in 2026.
- The last three Operating Margin figures came in at 5.4% (Q1 2026), 2.87% (Q4 2025), and 3.67% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tesla | 1,062.42 Bn | 1,018.89 Bn | 4.75 Bn | 1.41% |
| 2 | Toyota Motor | 248.02 Bn | 113.80 Bn | 12.27 Bn | 8.76% |
| 3 | Honda Motor | 127.13 Bn | 92.93 Bn | -34.06 Bn | 5.40% |
| 4 | Ford Motor | 81.51 Bn | 50.18 Bn | 6.08 Bn | 1.32% |
| 5 | General Motors | 78.38 Bn | 53.66 Bn | 7.33 Bn | 3.04% |
| 6 | Li Auto | 26.25 Bn | 12.80 Bn | 262.11 Mn | -13.05% |
| 7 | Xpeng | 23.13 Bn | 20.59 Bn | 388.90 Mn | -14.38% |
| 8 | Rivian Automotive | 21.08 Bn | 15.77 Bn | 179.00 Mn | -50.42% |
| 9 | Stellantis | 16.04 Bn | -25.41 Bn | 5.55 Bn | 1.61% |
| 10 | Nio | 11.72 Bn | 7.14 Bn | 704.43 Mn | 39.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.40% |
| Dec 31, 2025 | 2.87% |
| Sep 30, 2025 | 3.67% |
| Jun 30, 2025 | 4.57% |
| Mar 31, 2025 | 67.49% |
| Dec 31, 2024 | 7.18% |
| Sep 30, 2024 | 4.78% |
| Jun 30, 2024 | 8.97% |
| Dec 31, 2023 | 7.18% |
| Jun 30, 2023 | 8.53% |
| Dec 31, 2022 | 5.86% |
| Jun 30, 2022 | 5.80% |
| Mar 31, 2022 | 5.15% |
| Dec 31, 2021 | 6.22% |
| Sep 30, 2021 | 5.85% |
| Jun 30, 2021 | 6.79% |
| Mar 31, 2021 | 5.88% |
| Dec 31, 2020 | 7.36% |
| Sep 30, 2020 | 7.75% |
| Jun 30, 2020 | -5.35% |