Sep 30, 2024

Aptiv Q3 2024 Earnings Report

Aptiv reported record adjusted earnings per share due to strong operating results and benefits from capital allocation actions.

Key Takeaways

Aptiv PLC reported a U.S. GAAP revenue of $4.9 billion for Q3 2024, a 5% decrease from the prior year period. The company's U.S. GAAP net income was $363 million, with diluted earnings per share of $1.48. Adjusted earnings per share totaled $1.83. The company generated $499 million in cash from operations.

U.S. GAAP revenue of $4.9 billion, a decrease of 5%.

U.S. GAAP net income of $363 million, with diluted earnings per share of $1.48.

U.S. GAAP operating income of $503 million, with an operating income margin of 10.4%.

Generated $499 million of cash from operations.

Total Revenue
$4.85B
Previous year: $5.11B
-5.1%
EPS
$1.83
Previous year: $1.3
+40.8%
Adjusted EBITDA
$778M
Previous year: $727M
+7.0%
Adjusted Operating Income
$593M
Previous year: $560M
+5.9%
Gross Profit
$903M
Previous year: $893M
+1.1%
Cash and Equivalents
$1.1B
Previous year: $1.8B
-38.9%
Free Cash Flow
$326M
Previous year: $534M
-39.0%
Total Assets
$24.8B
Previous year: $23.7B
+4.4%

Aptiv

Aptiv

Aptiv Revenue by Segment

Forward Guidance

The Company’s full year 2024 financial guidance is as follows: Net sales $19,600 - $19,900 million, U.S. GAAP net income $1,740 - $1,840 million.

Revenue & Expenses

Visualization of income flow from segment revenue to net income