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Kao stock: key metrics
4452.TKao had an operating margin of 9.7% and a return on invested capital (ROIC) of 11.6% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2006 | 59.1% | 9.8% | 5.7% |
| 2007 | 58.0% | 8.8% | 5.0% |
| 2008 | 56.2% | 7.6% | 5.1% |
| 2009 | 58.4% | 7.9% | 3.4% |
| 2010 | 58.0% | 8.8% | 3.9% |
| 2011 | 56.8% | 8.9% | 4.3% |
| 2013 | 56.5% | 9.5% | 4.9% |
| 2014 | 54.9% | 9.5% | 5.7% |
| 2015 | 55.3% | 11.2% | 6.7% |
| 2016 | 56.3% | 12.8% | 8.7% |
| 2017 | 44.0% | 13.6% | 9.9% |
| 2018 | 43.4% | 13.9% | 10.2% |
| 2019 | 43.5% | 14.0% | 9.9% |
| 2020 | 42.7% | 12.7% | 9.1% |
| 2021 | 40.4% | 10.3% | 7.7% |
| 2022 | 35.4% | 6.9% | 5.5% |
| 2023 | 36.6% | 6.1% | 2.9% |
| 2024 | 39.2% | 8.6% | 6.6% |
| 2025 | 38.0% | 9.7% | 7.1% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2006 | 12.5% | 8.7% | 5.7% |
| 2007 | 11.6% | 8.6% | 5.4% |
| 2008 | 11.8% | 8.9% | 5.8% |
| 2009 | 7.2% | 6.7% | 3.8% |
| 2010 | 8.8% | 8.5% | 4.6% |
| 2011 | 9.7% | 10.3% | 5.3% |
| 2013 | 10.3% | 12.8% | 5.7% |
| 2014 | 12.1% | 15.1% | 6.6% |
| 2015 | 14.6% | 18.1% | 7.7% |
| 2016 | 18.6% | 24.6% | 9.5% |
| 2017 | 18.2% | 26.5% | 10.3% |
| 2018 | 18.7% | 24.3% | 10.5% |
| 2019 | 17.3% | 19.2% | 9.0% |
| 2020 | 13.7% | 14.9% | 7.6% |
| 2021 | 11.4% | 12.2% | 6.4% |
| 2022 | 8.9% | 8.5% | 5.0% |
| 2023 | 4.5% | 6.9% | 2.5% |
| 2024 | 10.1% | 10.4% | 5.8% |
| 2025 | 11.3% | 11.6% | 6.4% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 13 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ¥159.70)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 16 Oct 2026)
- Valuation signal Fairly valued since 10 Nov 2026, previously Undervalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.