Aptiv (APTV) FY2024 results: revenue $19.7 billion, down 1.7% on the year
Aptiv plc (APTV) reported revenue of $19.7 billion for fiscal 2024, the year ended 31 December 2024, down 1.7% on the year before. Net income was $1.8 billion, down 39.2%, and diluted earnings per share $6.96. The figures are the company's own, from the 10-K it filed with the SEC on 7 February 2025.
Revenue
$19.7 billion
-1.7% on the year
FY2017FY2024
Operating margin
9.3%
7.8% a year earlier
FY2017FY2024
Net income
$1.8 billion
-39.2% on the year
FY2017FY2024
Diluted EPS
$6.96
-33.0% on the year
FY2017FY2024
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
FY2024
FY2023
FY2022
On the year
Last 8 years
Operating cash flow
2,446
1,896
1,263
+29.0%
Capital expenditure
830
906
844
-8.4%
Free cash flow
1,616
990
419
+63.2%
Free cash flow margin
8.2%
4.9%
2.4%
Cash from investing
-507
-1,002
-5,182
Cash from financing
-1,965
-807
2,359
Depreciation and amortisation
964
912
762
+5.7%
Share-based compensation
120
115
86.0
+4.3%
Buybacks
4,104
398
0.0
+931.2%
Dividends paid
n/a
n/a
0.0
Diluted shares, weighted
257m
283m
271m
-9.3%
Shares outstanding at period end
235m
279m
271m
-15.8%
Balance sheet
$ million
FY2024
FY2023
FY2022
On the year
Last 8 years
Shareholders' equity
8,796
11,548
8,809
-23.8%
Non-controlling interest
197
197
189
0.0%
Redeemable equity
92.0
99.0
96.0
-7.1%
Debt
8,352
6,213
6,491
+34.4%
Operating lease liabilities
412
453
361
-9.1%
Finance lease liabilities
5.0
9.0
12.0
-44.4%
Other liabilities
5,604
5,908
5,926
-5.1%
Total liabilities and equity
23,458
24,427
21,884
-4.0%
Fixed assets
3,698
3,785
3,495
-2.3%
Goodwill
5,024
5,151
5,106
-2.5%
Intangible assets
2,140
2,399
2,585
-10.8%
Investments
n/a
0.0
n/a
Securities held for sale or to maturity
161
n/a
n/a
Trading assets
165
n/a
n/a
Cash and equivalents
1,573
1,640
1,531
-4.1%
Receivables
3,261
3,546
3,433
-8.0%
Inventory
2,320
2,365
2,340
-1.9%
Other assets
5,116
5,541
3,394
-7.7%
Total assets
23,458
24,427
21,884
-4.0%
10-K for the year ended 31 December 2024, filed 7 February 2025: the filing.