Aptiv (APTV) FY2021 results: revenue $15.6 billion, up 19.5% on the year
Aptiv plc (APTV) reported revenue of $15.6 billion for fiscal 2021, the year ended 31 December 2021, up 19.5% on the year before. Net income was $590 million, down 67.3%, and diluted earnings per share $1.94. The figures are the company's own, from the 10-K it filed with the SEC on 7 February 2022.
Revenue
$15.6 billion
+19.5% on the year
FY2014FY2021
Operating margin
7.6%
16.2% a year earlier
FY2014FY2021
Net income
$590 million
-67.3% on the year
FY2014FY2021
Diluted EPS
$1.94
-70.9% on the year
FY2014FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,222
1,413
1,624
-13.5%
Capital expenditure
611
584
781
+4.6%
Free cash flow
611
829
843
-26.3%
Free cash flow margin
3.9%
6.3%
5.9%
Cash from investing
-729
-626
-1,111
Cash from financing
-191
1,613
-649
Depreciation and amortisation
773
764
717
+1.2%
Share-based compensation
87.0
60.0
66.0
+45.0%
Buybacks
0.0
57.0
420
Dividends paid
0.0
56.0
226
Dividend per share
$0.00
$0.22
$0.88
Diluted shares, weighted
271m
271m
257m
+0.2%
Shares outstanding at period end
271m
270m
255m
+0.2%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
8,347
7,905
3,819
+5.6%
Non-controlling interest
214
195
192
+9.7%
Redeemable equity
0.0
n/a
n/a
Debt
4,067
4,101
4,364
-0.8%
Operating lease liabilities
304
300
329
+1.3%
Finance lease liabilities
10.0
14.0
18.0
-28.6%
Other liabilities
5,065
5,007
4,737
+1.2%
Total liabilities and equity
18,007
17,522
13,459
+2.8%
Fixed assets
3,294
3,301
3,309
-0.2%
Goodwill
2,511
2,580
2,407
-2.7%
Intangible assets
964
1,091
1,186
-11.6%
Cash and equivalents
3,139
2,821
412
+11.3%
Receivables
2,784
2,812
2,569
-1.0%
Inventory
2,014
1,297
1,286
+55.3%
Other assets
3,301
3,620
2,290
-8.8%
Total assets
18,007
17,522
13,459
+2.8%
10-K for the year ended 31 December 2021, filed 7 February 2022: the filing.