profit from every $100 of sales.
$0$100
TOYO
$4.64-1.90% today
-34.6% in 1 year
1-year low $3.811-year high $16.99
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2025.
0%20% a year
You pay $5.00 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What TOYO sold, what it kept, and what it did with the cash.
Sales went from $0 in 2022 to $427 million in 2025, with $39.7 million of profit last year.
SalesProfit
TOYO vs. similar companies
TOYO grows the fastest of these 5 and is the cheapest for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| TOYO | 5.0× · Cheap | ||
 First Solar | 12.1× · Cheap | ||
 Tongwei Co.,Ltd | No profit yet | ||
 Jinko Solar | No profit yet | ||
 CSI Solar | 29.2× · Fair price |
AI analysis
An AI analyst reads TOYO's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 0 | 62 | 177 | 427 | |
| 0 | 17 | 22 | 96 | |
| -0 | 12 | 9 | 59 | |
| -0 | 15 | 32 | 99 | |
| -0 | 10 | 41 | 40 | |
| -0.00 | 0.22 | 1.09 | 0.98 | |
| – | 26.7% | 12.4% | 22.5% | |
| – | 19.2% | 5.0% | 13.8% | |
| – | 15.9% | 23.0% | 9.3% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 11 | 238 | 240 | 441 |
| Cash | 2 | 18 | 14 | 52 |
| Total debt | 0 | 12 | 74 | 73 |
| Total liabilities | 3 | 181 | 180 | 330 |
| 8 | 57 | 59 | 111 | |
| 44 | 44 | 31 | 35 | |
| -1.8% | 13.7% | 5.3% | 25.2% | |
| -2.4% | 17.4% | 68.6% | 35.6% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| -6 | -13 | 47 | 133 | |
| 0 | 114 | 44 | 92 | |
| -6 | -127 | 2 | 41 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| 0 | 0 | 1 | 14 |
Valuation
- 5.0×
- 2.0×
- 0.05
- 3.5×
- 0.5×
- 4.8×
- 2.2×
- 20.8%
- 20.0%
- 0.0%
Profitability
- 22.5%
- 13.8%
- 9.3%
- 23.2%
- 15.4%
- 11.1%
- 44.0%
- 8.9%
- 22.6%
- –
Growth
- +161.8%
- +109.6%
- +1,574.5%
- –
- +25.9%
Financial health
- 0.1×
- 0.49
- 14.3%
- 11.8×
- 0.68
- 0.31
- 0.63
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 12%of 467
Top 48%of 466
Top 4%of 387
Top 1%of 461
Top 6%of 460
What analysts expect
- Average price target
- $18.00
- Range
- $18.00 – $18.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 18, 2026 | 0.75 | 0.72 | +4.2% |
| Sep 12, 2025 | 0.05 | – | – |
| May 20, 2025 | 0.05 | – | – |
News
TOYO Co., Ltd. Q2 2026 Earnings Call SummaryYahoo Finance · Aug 19, 2026The newest story we have is from Aug 19, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
64Pass
Benjamin Graham
46No pass
Philip Fisher
67Pass
Peter Lynch
95Pass
Joel Greenblatt
71Pass
Charlie Munger
52No pass
Terry Smith
52No pass
Questions about TOYO
Is TOYO a good stock to buy?
A solid business, and the price looks low. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the TOYO AI analysis
What does TOYO do?
TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain. Additionally, the company also manufactures solar PV modules. It is in Solar.
Does TOYO pay a dividend?
No. TOYO does not pay a dividend at the moment.
Is TOYO stock halal?
No. TOYO does not pass our halal screen: its debt is 37% of its market value, at or above the 33% limit. How we check
How has TOYO stock done over the past year?
Down 34.6% over the past twelve months, to $4.64. It traded between $3.81 and $16.99 and is 72.7% below its high.
Who are TOYO's competitors?
The largest listed companies in the same industry are First Solar, Tongwei Co.,Ltd, Jinko Solar and CSI Solar. The peers table on this page compares their profit, growth and price with TOYO's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.