SONYSony Group Corporation

$24.13

Is the business good?

How good a business is SONY?

Sony Group Corporation earns 12% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.

12%

Return on invested capital · cost of capital 9.0% · 3.0 points above what the capital costs: growth creates value

Operating margin
11%

Operating margin · Technology median 8.0% · fiscal year to FY2025

Cash conversion
1.73×

Cash conversion · 0.90× a year ago · every dollar of reported profit arrived as cash, and more

Share count, year on year
−1.6%

Share count, year on year · bought back, each share owns more of the company

Operating margin by fiscal year
YearOperating margin
FY202111%
FY202212%
FY202312%
FY20249.3%
FY202511%
Details
Gross marginfiscal year to FY2025
34%
Operating marginfiscal year to FY2025
11%
Net marginfiscal year to FY2025
8.8%
Free cash flow margin
15%
R&D as % of revenue
5.7%
Revenue, trailing twelve months
$12.96T
Free cash flow, trailing twelve months
$1.97T
Net income, trailing twelve months
$1.14T
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
12%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.