Aptiv PLC (APTV) 10-Year Financial Performance & Capital Metrics

APTV • • Industrial / General

Consumer CyclicalAuto Parts & EquipmentElectrical & Electronic SystemsVehicle Electronics & Control Units

AboutAptiv PLC designs, manufacturers, and sells vehicle components worldwide. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates in two segment, Signal and Power Solutions, and Advanced Safety and User Experience. The Signal and Power Solutions segment designs, manufactures, and assembles vehicle's electrical architecture, including engineered component products, connectors, wiring assemblies and harnesses, cable management products, electrical centers, and hybrid high voltage and safety distribution systems. The Advanced Safety and User Experience segment provides critical components, systems integration, and software development for vehicle safety, security, comfort, and convenience, such as sensing and perception systems, electronic control units, multi-domain controllers, vehicle connectivity systems, application software, and autonomous driving technologies. The company was formerly known as Delphi Automotive PLC and changed its name to Aptiv PLC in December 2017. Aptiv PLC was founded in 2011 and is based in Dublin, Ireland.Show more

Revenue $19.71B -1.7%
EBITDA $3.03B +18.1%
Net Income $1.79B -39.2%
EPS (Diluted) 6.96 -33.0%
Gross Margin 17.89% +16.2%
EBITDA Margin 15.35% +20.1%
Operating Margin 10.46% +27.1%
Net Margin 9.07% -38.1%
ROE 17.08% -39.2%
ROIC 9.26% +17.9%
Debt/Equity 0.98 +70.7%
Interest Coverage 6.12 +5.7%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓High quality earnings: Operating CF exceeds net income
✓Good 3Y average ROE of 17.3%
✓Share count reduced 9.3% through buybacks

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y1.48%

5Y6.55%

3Y8.07%

TTM2.16%

Profit (Net Income) CAGR

10Y2.84%

5Y12.54%

3Y44.69%

TTM-87.83%

EPS CAGR

10Y4.5%

5Y12.57%

3Y53.09%

TTM-85.91%

ROCE

10Y Avg14.62%

5Y Avg9.07%

3Y Avg9.56%

Latest10.87%

Peer Comparison

Vehicle Electronics & Control Units

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
GNTXGentex Corporation	5.25B	24.00	13.64	0.61%	15.61%	15.2%	6.73%	0.00
APTVAptiv PLC	17.85B	82.61	11.87	-1.69%	1.46%	3.08%	9.05%	0.98
VCVisteon Corporation	2.66B	97.54	9.93	-2.23%	8.22%	19.78%	10.9%	0.33
ECXECARX Holdings, Inc.	578.06M	1.86	-0.66	18.33%	-4.06%
MKDWMKDWELL Tech Inc.	9.82M	0.17	-1.11	-45.54%	-125.96%
SRIStoneridge, Inc.	169.22M	6.04	-10.07	-6.92%	-3.66%	-12.75%	13.85%	0.85

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	15.16B	16.66B	12.88B	14.44B	14.36B	13.07B	15.62B	17.49B	20.05B	19.71B
Revenue Growth %	-0.11%	0.1%	-0.23%	0.12%	-0.01%	-0.09%	0.2%	0.12%	0.15%	-0.02%
Cost of Goods Sold+	12.13B	8.81B	10.38B	11.86B	11.85B	11.25B	13.27B	14.99B	16.96B	16.19B
COGS % of Revenue	0.8%	0.53%	0.81%	0.82%	0.83%	0.86%	0.85%	0.86%	0.85%	0.82%
Gross Profit+	3.04B	3.46B	2.5B	2.58B	2.51B	1.81B	2.35B	2.5B	3.09B	3.53B
Gross Margin %	0.2%	0.21%	0.19%	0.18%	0.17%	0.14%	0.15%	0.14%	0.15%	0.18%
Gross Profit Growth %	0.03%	0.14%	-0.28%	0.03%	-0.03%	-0.28%	0.3%	0.06%	0.24%	0.14%
Operating Expenses+	1.02B	1.73B	952M	993M	1.08B	976M	1.07B	1.14B	1.44B	1.47B
OpEx % of Revenue	0.07%	0.1%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
Selling, General & Admin	803M	924M	952M	993M	1.08B	976M	1.07B	1.14B	1.44B	1.47B
SG&A % of Revenue	0.05%	0.06%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%	0.07%
Research & Development	0	0	0	0	0	0	0	0	0	1.1B
R&D % of Revenue	-	-	-	-	-	-	-	-	-	0.06%
Other Operating Expenses	0	-18M	0	0	0	0	0	0	0	-1.1B
Operating Income+	2.02B	1.73B	1.55B	1.58B	1.43B	837M	1.27B	1.36B	1.65B	2.06B
Operating Margin %	0.13%	0.1%	0.12%	0.11%	0.1%	0.06%	0.08%	0.08%	0.08%	0.1%
Operating Income Growth %	0.06%	-0.14%	-0.1%	0.02%	-0.1%	-0.41%	0.52%	0.07%	0.22%	0.25%
EBITDA+	2.56B	2.22B	2.09B	2.26B	2.15B	1.6B	2.05B	2.12B	2.56B	3.03B
EBITDA Margin %	0.17%	0.13%	0.16%	0.16%	0.15%	0.12%	0.13%	0.12%	0.13%	0.15%
EBITDA Growth %	0.02%	-0.13%	-0.06%	0.08%	-0.05%	-0.25%	0.28%	0.04%	0.21%	0.18%
D&A (Non-Cash Add-back)	540M	488M	537M	676M	717M	764M	773M	762M	912M	964M
EBIT	1.12B	1.16B	1.4B	1.48B	1.29B	2.12B	1.06B	1.21B	1.62B	2.49B
Net Interest Income+	-119M	-154M	-133M	-120M	-151M	-156M	-141M	-133M	-174M	-250M
Interest Income	5M	1M	7M	21M	13M	8M	9M	86M	111M	87M
Interest Expense	124M	155M	140M	141M	164M	164M	150M	219M	285M	337M
Other Income/Expense	-494M	-696M	-266M	-225M	-289M	1.03B	-564M	-646M	-612M	-29M
Pretax Income+	1.52B	1.03B	1.29B	1.36B	1.14B	1.87B	710M	711M	1.04B	2.03B
Pretax Margin %	0.1%	0.06%	0.1%	0.09%	0.08%	0.14%	0.05%	0.04%	0.05%	0.1%
Income Tax+	263M	167M	223M	250M	132M	49M	101M	121M	-1.93B	223M
Effective Tax Rate %	0.95%	1.21%	1.05%	0.79%	0.87%	0.96%	0.83%	0.84%	2.83%	0.88%
Net Income+	1.45B	1.26B	1.35B	1.07B	990M	1.8B	590M	594M	2.94B	1.79B
Net Margin %	0.1%	0.08%	0.11%	0.07%	0.07%	0.14%	0.04%	0.03%	0.15%	0.09%
Net Income Growth %	0.07%	-0.13%	0.08%	-0.21%	-0.07%	0.82%	-0.67%	0.01%	3.95%	-0.39%
Net Income (Continuing)	852M	868M	1.06B	1.11B	1.01B	1.82B	609M	590M	2.97B	1.81B
Discontinued Operations	683M	458M	365M	0	0	0	0	0	0	0
Minority Interest	483M	362M	218M	211M	192M	195M	214M	285M	296M	289M
EPS (Diluted)+	5.06	4.59	5.06	4.02	3.85	6.66	1.94	1.96	10.39	6.96
EPS Growth %	0.13%	-0.09%	0.1%	-0.21%	-0.04%	0.73%	-0.71%	0.01%	4.3%	-0.33%
EPS (Basic)	5.21	4.66	5.10	4.04	3.85	6.72	1.95	1.96	10.50	6.97
Diluted Shares Outstanding	286.64M	273.7M	268.03M	265.22M	257.39M	270.7M	271.22M	271.18M	282.88M	256.66M
Basic Shares Outstanding	278.21M	269.79M	265.84M	264.41M	256.81M	263.43M	270.46M	270.9M	276.92M	256.38M
Dividend Payout Ratio	0.2%	0.25%	0.23%	0.22%	0.23%	0.03%	-	-	-	-

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	5.12B	5.42B	5.64B	4.78B	5.32B	7.46B	8.44B	7.78B	8.25B	7.83B
Cash & Short-Term Investments	535M	838M	1.6B	567M	412M	2.82B	3.14B	1.53B	1.64B	1.57B
Cash Only	535M	838M	1.6B	567M	412M	2.82B	3.14B	1.53B	1.64B	1.57B
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	3.02B	2.31B	2.79B	2.79B	2.83B	3.02B	3.03B	3.67B	3.87B	3.62B
Days Sales Outstanding	72.61	50.52	78.9	70.5	71.92	84.25	70.86	76.64	70.45	67.06
Inventory	1.18B	859M	1.08B	1.28B	1.29B	1.3B	2.01B	2.34B	2.37B	2.32B
Days Inventory Outstanding	35.54	35.58	38.08	39.3	39.61	42.07	55.4	56.96	50.88	52.32
Other Current Assets	302M	1.45B	65M	69M	700M	279M	182M	159M	275M	212M
Total Non-Current Assets+	6.85B	6.87B	6.53B	7.7B	8.14B	10.06B	9.57B	14.1B	16.18B	15.63B
Property, Plant & Equipment	3.38B	3.52B	2.8B	3.18B	3.72B	3.68B	3.68B	3.95B	4.33B	4.19B
Fixed Asset Turnover	4.49x	4.74x	4.59x	4.54x	3.86x	3.55x	4.25x	4.43x	4.64x	4.70x
Goodwill	1.54B	1.51B	1.94B	2.52B	2.41B	2.58B	2.51B	5.12B	5.15B	5.02B
Intangible Assets	1.38B	1.24B	1.22B	1.38B	1.19B	1.09B	964M	2.58B	2.4B	2.14B
Long-Term Investments	117M	73M	147M	171M	207M	2.12B	1.89B	1.81B	1.51B	1.61B
Other Non-Current Assets	198M	1.7B	229M	306M	454M	407M	367M	380M	446M	383M
Total Assets+	11.97B	12.29B	12.17B	12.48B	13.46B	17.52B	18.01B	21.88B	24.43B	23.46B
Asset Turnover	1.27x	1.36x	1.06x	1.16x	1.07x	0.75x	0.87x	0.80x	0.82x	0.84x
Asset Growth %	0.12%	0.03%	-0.01%	0.03%	0.08%	0.3%	0.03%	0.22%	0.12%	-0.04%
Total Current Liabilities+	3.93B	4.15B	3.54B	3.69B	4.05B	4.05B	4.21B	4.87B	4.81B	5.13B
Accounts Payable	2.54B	1.82B	2.23B	2.33B	2.46B	2.57B	2.95B	3.15B	3.15B	2.87B
Days Payables Outstanding	76.46	75.38	78.31	71.83	75.86	83.39	81.23	76.68	67.79	64.72
Short-Term Debt	52M	10M	17M	306M	393M	90M	8M	25M	9M	509M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	328M	1.5B	132M	146M	179M	92M	96M	180M	137M	219M
Current Ratio	1.30x	1.31x	1.59x	1.29x	1.31x	1.85x	2.01x	1.60x	1.72x	1.53x
Quick Ratio	1.00x	1.10x	1.29x	0.95x	0.99x	1.52x	1.53x	1.12x	1.22x	1.07x
Cash Conversion Cycle	31.69	10.72	38.67	37.97	35.67	42.93	45.03	56.92	53.54	54.66
Total Non-Current Liabilities+	5.31B	5.38B	5.11B	5.12B	5.39B	5.38B	5.24B	7.92B	7.78B	9.24B
Long-Term Debt	3.96B	3.95B	4.13B	4.04B	3.97B	4.01B	4.06B	6.45B	6.2B	7.84B
Capital Lease Obligations	0	0	0	0	329M	300M	304M	373M	453M	412M
Deferred Tax Liabilities	252M	143M	222M	233M	229M	207M	153M	481M	394M	290M
Other Non-Current Liabilities	1.1B	1.28B	758M	845M	865M	858M	723M	614M	708M	684M
Total Liabilities	9.24B	9.53B	8.65B	8.81B	9.45B	9.42B	9.45B	12.79B	12.58B	14.37B
Total Debt+	4.01B	3.96B	4.15B	4.34B	4.79B	4.5B	4.46B	6.96B	6.79B	8.89B
Net Debt	3.47B	3.23B	2.55B	3.78B	4.38B	1.68B	1.32B	5.43B	5.15B	7.32B
Debt / Equity	1.47x	1.43x	1.18x	1.18x	1.19x	0.56x	0.52x	0.77x	0.57x	0.98x
Debt / EBITDA	1.57x	1.79x	1.99x	1.92x	2.23x	2.81x	2.18x	3.29x	2.65x	2.94x
Net Debt / EBITDA	1.36x	1.45x	1.22x	1.67x	2.04x	1.05x	0.65x	2.56x	2.01x	2.42x
Interest Coverage	16.27x	11.17x	11.09x	11.22x	8.72x	5.10x	8.49x	6.20x	5.79x	6.12x
Total Equity+	2.73B	2.76B	3.52B	3.67B	4.01B	8.1B	8.56B	9.09B	11.84B	9.09B
Equity Growth %	-0.09%	0.01%	0.27%	0.04%	0.09%	1.02%	0.06%	0.06%	0.3%	-0.23%
Book Value per Share	9.53	10.09	13.12	13.84	15.58	29.92	31.56	33.53	41.87	35.40
Total Shareholders' Equity	2.25B	2.4B	3.3B	3.46B	3.82B	7.91B	8.35B	8.83B	11.55B	8.8B
Common Stock	3M	3M	3M	3M	3M	3M	3M	3M	3M	2M
Retained Earnings	1.63B	1.98B	2.12B	2.51B	2.89B	4.55B	5.08B	5.61B	8.16B	7B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-1.03B	-1.22B	-471M	-694M	-719M	-545M	-672M	-791M	-645M	-1.17B
Minority Interest	483M	362M	218M	211M	192M	195M	214M	285M	296M	289M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	1.7B	1.94B	1.47B	1.63B	1.62B	1.41B	1.22B	1.26B	1.9B	2.45B
Operating CF Margin %	0.11%	0.12%	0.11%	0.11%	0.11%	0.11%	0.08%	0.07%	0.09%	0.12%
Operating CF Growth %	-0.2%	0.14%	-0.24%	0.11%	-0%	-0.13%	-0.14%	0.03%	0.5%	0.29%
Net Income	1.26B	1.22B	1.06B	1.11B	1.01B	1.82B	609M	590M	2.97B	1.81B
Depreciation & Amortization	540M	704M	546M	676M	717M	764M	773M	762M	912M	964M
Stock-Based Compensation	74M	68M	62M	58M	66M	60M	87M	86M	115M	120M
Deferred Taxes	-21M	-125M	-26M	-14M	-33M	-52M	-60M	-144M	-2.16B	-34M
Other Non-Cash Items	138M	-47M	361M	-57M	40M	-1.34B	296M	372M	410M	-475M
Working Capital Changes	-289M	123M	-538M	-142M	-175M	155M	-483M	-403M	-343M	61M
Change in Receivables	-207M	-199M	-287M	55M	-74M	-243M	37M	-497M	-112M	285M
Change in Inventory	-38M	-53M	-224M	-120M	8M	-8M	-710M	-258M	-20M	45M
Change in Payables	194M	31M	268M	62M	133M	186M	265M	137M	4M	-210M
Cash from Investing+	-1.7B	-578M	-1.25B	-2.05B	-1.11B	-626M	-729M	-5.18B	-1B	-507M
Capital Expenditures	-704M	-828M	-698M	-846M	-781M	-584M	-611M	-844M	-906M	-830M
CapEx % of Revenue	0.05%	0.05%	0.05%	0.06%	0.05%	0.04%	0.04%	0.05%	0.05%	0.04%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-69M	-4M	-850M	-833M	-767M	-574M	9M	4M	0	6M
Cash from Financing+	-284M	-1.08B	456M	-555M	-649M	1.61B	-191M	2.36B	-807M	-1.97B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-286M	-317M	-310M	-233M	-226M	-88M	-63M	-63M	-32M	0
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-63M	-86M	403M	-78M	-45M	-61M	-30M	-9M	-45M	-26M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	999M	1.11B	770M	782M	843M	829M	611M	419M	990M	1.62B
FCF Margin %	0.07%	0.07%	0.06%	0.05%	0.06%	0.06%	0.04%	0.02%	0.05%	0.08%
FCF Growth %	-0.22%	0.11%	-0.31%	0.02%	0.08%	-0.02%	-0.26%	-0.31%	1.36%	0.63%
FCF per Share	3.49	4.07	2.87	2.95	3.28	3.06	2.25	1.55	3.50	6.30
FCF Conversion (FCF/Net Income)	1.17x	1.54x	1.08x	1.53x	1.64x	0.78x	2.07x	2.13x	0.65x	1.37x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	50.47%	45.74%	43.15%	29.69%	25.78%	29.79%	7.08%	6.73%	28.06%	17.08%
Return on Invested Capital (ROIC)	28.18%	21.47%	19.47%	17.56%	13.55%	6.91%	9.72%	8.34%	7.85%	9.26%
Gross Margin	20.01%	20.77%	19.43%	17.84%	17.45%	13.88%	15.04%	14.27%	15.39%	17.89%
Net Margin	9.56%	7.54%	10.52%	7.39%	6.9%	13.81%	3.78%	3.4%	14.65%	9.07%
Debt / Equity	1.47x	1.43x	1.18x	1.18x	1.19x	0.56x	0.52x	0.77x	0.57x	0.98x
Interest Coverage	16.27x	11.17x	11.09x	11.22x	8.72x	5.10x	8.49x	6.20x	5.79x	6.12x
FCF Conversion	1.17x	1.54x	1.08x	1.53x	1.64x	0.78x	2.07x	2.13x	0.65x	1.37x
Revenue Growth	-10.91%	9.86%	-22.67%	12.04%	-0.54%	-8.99%	19.53%	11.98%	14.65%	-1.69%

Revenue by Segment

	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024
Signal and Power Solutions	-	-	-	10.4B	10.3B	9.52B	11.6B	12.94B	14.4B	13.98B
Signal and Power Solutions Growth	-	-	-	-	-0.96%	-7.57%	21.80%	11.60%	11.29%	-2.92%
Advanced Safety and User Experience	-	-	-	4.08B	4.09B	3.57B	4.06B	4.59B	5.7B	5.79B
Advanced Safety and User Experience Growth	-	-	-	-	0.34%	-12.68%	13.52%	13.09%	24.16%	1.69%
Electrical/ElectronicArchitecture	8.27B	8.18B	9.32B	-	-	-	-	-	-	-
Electrical/ElectronicArchitecture Growth	-	-1.14%	13.89%	-	-	-	-	-	-	-
Powertrain Systems	-	-	4.49B	-	-	-	-	-	-	-
Powertrain Systems Growth	-	-	-	-	-	-	-	-	-	-
Electronics and Safety	-	-	290M	-	-	-	-	-	-	-
Electronics and Safety Growth	-	-	-	-	-	-	-	-	-	-
PowertrainSystems	4.58B	4.38B	-	-	-	-	-	-	-	-
PowertrainSystems Growth	-	-4.33%	-	-	-	-	-	-	-	-
ElectronicsAndSafety	2.86B	34M	-	-	-	-	-	-	-	-
ElectronicsAndSafety Growth	-	-98.81%	-	-	-	-	-	-	-	-
ThermalSystems	1.56B	-	-	-	-	-	-	-	-	-
ThermalSystems Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2014	2015	2016	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	5.66B	5.54B	6.04B	5.39B	5.31B	4.38B	5.2B	6.29B	7.02B	6.93B
UNITED STATES Growth	-	-2.16%	9.05%	-10.72%	-1.52%	-17.45%	18.58%	21.09%	11.59%	-1.24%
Europe, Middle East & Africa	6.45B	5.28B	5.87B	4.69B	4.79B	4.48B	5.18B	5.37B	6.74B	6.49B
Europe, Middle East & Africa Growth	-	-18.24%	11.30%	-20.13%	2.18%	-6.43%	15.53%	3.73%	25.43%	-3.70%
Asia Pacific	3.96B	3.84B	4.27B	3.92B	3.88B	3.9B	4.83B	5.27B	5.7B	5.72B
Asia Pacific Growth	-	-3.01%	11.33%	-8.38%	-1.02%	0.57%	23.88%	9.22%	8.02%	0.44%
South America	747M	369M	336M	270M	246M	191M	278M	392M	421M	361M
South America Growth	-	-50.60%	-8.94%	-19.64%	-8.89%	-22.36%	45.55%	41.01%	7.40%	-14.25%
North America	208M	146M	143M	170M	136M	112M	136M	159M	174M	207M
North America Growth	-	-29.81%	-2.05%	18.88%	-20.00%	-17.65%	21.43%	16.91%	9.43%	18.97%
JERSEY	-	-	-	-	-	-	-	-	-	-
JERSEY Growth	-	-	-	-	-	-	-	-	-	-
IRELAND	-	-	-	-	-	-	-	-	-	-
IRELAND Growth	-	-	-	-	-	-	-	-	-	-
UNITED KINGDOM	892M	834M	827M	-	-	-	-	-	-	-
UNITED KINGDOM Growth	-	-6.50%	-0.84%	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Aptiv PLC (APTV) has a price-to-earnings (P/E) ratio of 11.9x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Aptiv PLC (APTV) reported $20.15B in revenue for fiscal year 2024. This represents a 26% increase from $16.04B in 2011.

Aptiv PLC (APTV) saw revenue decline by 1.7% over the past year.

Yes, Aptiv PLC (APTV) is profitable, generating $295.0M in net income for fiscal year 2024 (9.1% net margin).

Dividend & Returns

Aptiv PLC (APTV) has a return on equity (ROE) of 17.1%. This is reasonable for most industries.

Aptiv PLC (APTV) generated $1.77B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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