Orix (IX) AI Stock Analysis

• Market Cap: $33.20B
• Dividend Yield: 2.72%
• Average Volume (3M): 164.40K
• Price to Earnings (P/E): 11.8
• Beta (1Y): 0.89
• Revenue Growth: 7.10%
• EPS Growth: 12.75%
• Country: US
• Employees: 33,807
• Sector: Financial
• Sector Strength: 70
• Industry: Financial - Credit Services
• EPS (TTM): N/A
• Shares Outstanding: 1,162,962,300
• 10 Day Avg. Volume: 219,893
• 30 Day Avg. Volume: 164,404
• PEG Ratio: 3.31
• Price to Book (P/B): 0.88
• Price to Sales (P/S): 1.25
• P/FCF Ratio: -62.39
• Enterprise Value/Market Cap: 288.72
• Enterprise Value/Revenue: 3.72
• Enterprise Value/Gross Profit: 6.01
• Enterprise Value/Ebitda: 10.83
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 72 Outperform
• Price Target: $34.00 ▲(25.83% Upside)

Orix's overall stock score is driven by strong earnings call outcomes and attractive valuation metrics. The company's robust financial performance is tempered by high leverage and cash flow challenges. Technical analysis indicates a stable outlook, while the earnings call highlights strategic growth initiatives and improved profit forecasts. The absence of significant corporate events leaves the focus on financial and strategic performance.

Positive Factors

Revenue Growth

The robust revenue growth indicates successful business expansion and market penetration, supporting long-term financial health and competitive positioning.

Strategic Partnerships

The partnership with QIA enhances Orix's investment capabilities and access to capital, potentially driving growth in Japanese markets and diversifying revenue streams.

Shareholder Returns

Increasing the share buyback program demonstrates Orix's commitment to returning value to shareholders, which can improve investor confidence and stock attractiveness.

Negative Factors

High Leverage

High leverage can increase financial risk, limiting flexibility and potentially impacting Orix's ability to invest in growth opportunities or weather economic downturns.

Negative Free Cash Flow

Persistent negative free cash flow indicates cash outflows exceeding inflows, which can strain liquidity and hinder Orix's ability to fund operations or strategic initiatives.

Challenges in ORIX USA

Profit decline in ORIX USA due to credit losses and impairments reflects challenges in managing international operations, potentially affecting overall profitability.

Orix Business Overview & Revenue Model

Company Description

ORIX Corporation provides diversified financial services in Japan, the Americas, Asia, Europe, Australasia, the Middle East, and internationally. The company's Corporate Financial Services and Maintenance Leasing segment is involved in the finance and fee; leasing and rental of automobiles, electronic measuring instruments, and ICT-related equipment businesses; and provision of life insurance and environment and energy-related products and services. Its Real Estate segment develops, rents, and manages real estate properties; operates facilities; manages residential condominiums and office building; and provides construction contracting, real estate brokerage, and real estate investment advisory services. The company's PE Investment and Concession segment engages in the private equity (PE) investment and concession businesses. Its Environment and Energy segment provides renewable energy; ESCO; retails electric power; sells solar panels and battery electricity storage systems; and recycling and waste management services. The company's Insurance segment sells life insurance products through agents, banks, and other financial institutions, as well as face-to-face and online. Its Banking and Credit segment provides banking and consumer finance services. The company's Aircraft and Ships segment engages in the aircraft leasing and management, and ship-related finance and investment businesses. Its ORIX USA segment offers finance, investment, and asset management services. The company's ORIX Europe segment provides equity and fixed income asset management services. Its Asia and Australia segment offers finance and investment businesses. The company was formerly known as Orient Leasing Co., Ltd. and changed its name to ORIX Corporation in 1989. ORIX Corporation was incorporated in 1950 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Orix generates revenue through multiple streams, primarily by offering leasing and financing solutions to businesses for equipment and machinery. The company earns interest income from loans and financing arrangements, as well as fees from advisory services in investment and asset management. Significant partnerships with financial institutions and corporations enhance their market reach, facilitating project financing and investment opportunities. Additionally, Orix's involvement in renewable energy projects allows it to benefit from government incentives and long-term contracts, contributing to its overall earnings.

Orix Financial Statement Overview

Summary

Orix shows strong revenue growth and stable profitability, but faces challenges with high leverage and negative free cash flow. The income statement reflects a positive growth trajectory, while the balance sheet indicates potential risks due to high debt levels. Cash flow issues, particularly negative free cash flow, highlight the need for careful financial management. Overall, Orix is performing well but must address leverage and liquidity concerns to sustain growth.

Income Statement

Orix has demonstrated strong revenue growth with a 22.64% increase in the latest year, indicating robust business expansion. The gross profit margin is healthy at 41.76%, and the net profit margin is solid at 12.23%. However, the EBIT margin has decreased to 18.34% from 19.62% the previous year, suggesting some pressure on operational efficiency. Overall, the income statement reflects a strong growth trajectory with stable profitability.

Balance Sheet

The company's debt-to-equity ratio is relatively high at 1.54, indicating significant leverage, which could pose risks if not managed carefully. The return on equity is currently at 0%, reflecting a need for improvement in generating returns for shareholders. The equity ratio stands at 24.25%, showing a moderate level of equity financing. While the balance sheet shows stability, the high leverage warrants caution.

Cash Flow

Orix's cash flow statement reveals challenges with a negative free cash flow growth rate of -108.44%, indicating cash outflows exceeding inflows. The operating cash flow to net income ratio is 0.39, suggesting that operating cash flows are not fully covering net income. The free cash flow to net income ratio is negative, highlighting potential liquidity concerns. While operating cash flow remains positive, the negative free cash flow trend is a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.58T	2.87T	2.81T	1.76T	1.63T	1.50T
Gross Profit	1.59T	1.20T	1.17T	1.62T	1.56T	1.41T
EBITDA	885.21B	926.89B	916.36B	732.43B	829.79B	603.52B
Net Income	439.78B	351.63B	346.13B	290.34B	317.38B	192.38B
Balance Sheet
Total Assets	17.60T	16.87T	16.32T	15.27T	14.27T	13.56T
Cash, Cash Equivalents and Short-Term Investments	1.28T	3.81T	3.70T	3.47T	3.13T	2.96T
Total Debt	6.52T	6.28T	6.20T	5.72T	4.87T	4.72T
Total Liabilities	13.08T	12.69T	12.30T	11.84T	10.90T	10.46T
Stockholders Equity	4.44T	4.09T	3.94T	3.54T	3.26T	3.03T
Cash Flow
Free Cash Flow	0.00	-57.48B	42.53B	-166.99B	186.07B	341.72B
Operating Cash Flow	0.00	1.30T	1.24T	913.09B	1.10T	1.10T
Investing Cash Flow	0.00	-1.31T	-1.37T	-1.10T	-808.85B	-1.21T
Financing Cash Flow	0.00	149.32B	-85.48B	438.31B	-306.62B	39.88B

Orix Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 27.02
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IX, the sentiment is Positive. The current price of 27.02 is below the 20-day moving average (MA) of 29.81, below the 50-day MA of 28.05, and above the 200-day MA of 24.33, indicating a bullish trend. The MACD of 0.71 indicates Positive momentum. The RSI at 68.61 is Neutral, neither overbought nor oversold. The STOCH value of 79.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IX.

Orix Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OMF	79 Outperform	$7.70B	11.10	21.41%	6.07%	9.51%	29.38%
FCFS	74 Outperform	$7.55B	24.71	14.75%	0.99%	3.86%	28.06%
IX	72 Outperform	$33.20B	11.76	10.32%	2.72%	7.10%	12.75%
SYF	72 Outperform	$28.88B	8.76	21.64%	1.34%	-6.38%	19.65%
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
WU	67 Neutral	$2.95B	4.03	97.70%	10.18%	-2.51%	17.47%
ALLY	67 Neutral	$13.43B	26.26	4.25%	2.58%	-6.89%	-33.20%

Orix Corporate Events

ORIX Publishes Updated Corporate Governance and Diversity Report on January 16, 2026

On January 16, 2026, ORIX Corporation filed a Form 6-K in the United States, providing an English translation of its latest Corporate Governance Report that had been publicly disclosed to the Tokyo Stock Exchange the same day. The report confirms that ORIX complies with all principles of Japan’s Corporate Governance Code, highlights a robust governance framework aimed at objective, transparent management, and formally states that the company does not engage in cross-shareholdings of publicly traded shares while strictly regulating related-party transactions through internal rules and board oversight. It also underscores the company’s sustainability governance, with progress on environmental and social issues regularly discussed by a Sustainability Committee chaired by the Group CEO and key matters reported to the board, and details ORIX’s strategic emphasis on diversity and human capital, including measurable targets for female, mid-career and non-Japanese employees as of March 31, 2025, reinforcing its positioning as a governance- and ESG-focused issuer for global investors.

The most recent analyst rating on (IX) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Orix stock, see the IX Stock Forecast page.

ORIX Reports Progress on Ongoing Share Repurchase Program

On January 7, 2026, ORIX Corporation reported the status of its ongoing share repurchase program authorized by board resolutions passed on May 12 and November 12, 2025, confirming that during the period from December 1 to December 31, 2025, it bought back 4,322,000 common shares on the market for a total of ¥18.94 billion under a discretionary dealing contract. As of December 31, 2025, cumulative repurchases under this authorization had reached 29,617,200 shares for ¥107.27 billion out of an approved ceiling of up to 60 million shares or ¥150 billion to be executed by March 31, 2026, underscoring ORIX’s continued use of buybacks as a capital allocation tool that can support shareholder returns and potentially enhance earnings per share by reducing the free float.

The most recent analyst rating on (IX) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Orix stock, see the IX Stock Forecast page.

ORIX Corporation Announces Share Repurchase Status Update

On December 3, 2025, ORIX Corporation announced the status of its share repurchase program, which was authorized by its Board of Directors on May 12 and November 12, 2025. During the period from November 1 to November 30, 2025, ORIX repurchased 2,555,500 common shares at a total cost of JPY 10,301,571,500. This initiative is part of a broader plan to repurchase up to 60 million shares, valued at up to 150 billion yen, by March 31, 2026, aiming to enhance shareholder value and optimize capital structure.

The most recent analyst rating on (IX) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Orix stock, see the IX Stock Forecast page.

ORIX Completes Successful Tender Offer for I-NET Corp.

On November 18, 2025, ORIX Corporation announced the successful completion of a tender offer by its subsidiary, OFI 01 Corporation, for I-NET Corp. shares. The offer, which began on October 3, 2025, exceeded the minimum share threshold, allowing OFI 01 to proceed with a share consolidation, making it the sole shareholder of I-NET. This acquisition aligns with ORIX’s strategic focus on the IT and information services sector, aiming to enhance I-NET’s corporate value by leveraging its expertise in data centers, cloud, and digital transformation, combined with ORIX’s business platform and network.

The most recent analyst rating on (IX) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Orix stock, see the IX Stock Forecast page.

ORIX Corporation Reports Strong Financial Growth in Semi-Annual Results

On November 13, 2025, ORIX Corporation released its semi-annual financial report, highlighting a significant increase in its financial performance for the six months ended September 30, 2025. The company reported total revenues of ¥1,564,497 million, a notable rise from the previous year’s ¥1,403,633 million. Income before income taxes also increased to ¥391,482 million, and net income attributable to ORIX shareholders rose to ¥271,096 million. This financial growth underscores ORIX’s strong market positioning and operational efficiency, benefiting its stakeholders and reinforcing its status as a key player in the financial services industry.

The most recent analyst rating on (IX) stock is a Buy with a $28.00 price target. To see the full list of analyst forecasts on Orix stock, see the IX Stock Forecast page.

ORIX Corporation Reports Strong Q2 2025 Financial Results and Strategic Adjustments

On November 12, 2025, ORIX Corporation announced its second-quarter consolidated financial results for the period from April 1, 2025, to September 30, 2025. The company reported a significant increase in total revenues, operating income, and net income compared to the previous year, with comprehensive income attributable to shareholders rising by 715.4%. ORIX also revised its consolidated earnings forecast and year-end dividend forecast for the fiscal year ending March 31, 2026, and expanded the repurchase limit for its own shares. These developments indicate a strong financial performance and strategic adjustments that could enhance shareholder value and strengthen ORIX’s market position.

The most recent analyst rating on (IX) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on Orix stock, see the IX Stock Forecast page.

ORIX Corporation Updates on Share Repurchase Progress

On November 6, 2025, ORIX Corporation announced the status of its share repurchase program, initially resolved on May 12, 2025. Between October 1 and October 31, 2025, ORIX repurchased 1,680,100 common shares at a total cost of JPY 6,352,222,000. This is part of a larger plan to repurchase up to 40 million shares by March 31, 2026, aiming to enhance shareholder value and optimize capital structure. As of October 31, 2025, ORIX had repurchased a total of 22,739,700 shares for JPY 78,031,748,500, reflecting its commitment to strategic financial management.

The most recent analyst rating on (IX) stock is a Hold with a $28.00 price target. To see the full list of analyst forecasts on Orix stock, see the IX Stock Forecast page.