Dauch (DCH) FY2024 results: revenue $6.1 billion, up 0.7% on the year

Dauch Corp. (DCH) reported revenue of $6.1 billion for fiscal 2024, the year ended 31 December 2024, up 0.7% on the year before. Net income was $35 million, and diluted earnings per share $0.29. The figures are the company's own, from the 10-K it filed with the SEC on 14 February 2025.

Revenue

$6.1 billion

+0.7% on the year

FY2017FY2024

Operating margin

3.9%

2.4% a year earlier

FY2017FY2024

Net income

$35 million

FY2017FY2024

Diluted EPS

$0.29

FY2017FY2024

this yearthe year beforeHover a bar for its figure.

The year in brief

The four quarters: Q1 FY2024 · Q2 FY2024 · Q3 FY2024 · Q4 FY2024

Income statement (profit and loss)

$ million	FY2024	FY2023	FY2022	On the year
Revenue	6,125	6,080	5,802	+0.7%
Cost of revenue	5,384	5,455	5,098	-1.3%
Gross profit	741	624	705	+18.8%
Gross margin	12.1%	10.3%	12.1%
Research and development	159	155	144	+2.3%
Selling, general and administrative	387	367	345	+5.5%
Operating income	241	147	244	+64.7%
Operating margin	3.9%	2.4%	4.2%
Interest expense	186	202	174	-7.8%
Pre-tax income	62.8	-24.5	66.3
Income tax	27.8	9.1	2.0	+205.5%
Effective tax rate	44.3%	n/a	3.0%
Net income	35.0	-33.6	64.3
Net margin	0.6%	-0.6%	1.1%
Diluted EPS	$0.29	-$0.29	$0.53

$ million except per share.

Free 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
Operating cash flow	455	396	449	+15.0%
Capital expenditure	248	195	171	+27.4%
Free cash flow	207	202	278	+2.9%
Free cash flow margin	3.4%	3.3%	4.8%
Cash from investing	-255	-184	-243
Cash from financing	-156	-206	-217
Depreciation and amortisation	470	487	492	-3.6%
Share-based compensation	15.0	13.4	17.7	+11.9%
Buybacks	2.8	14.7	1.9	-81.0%
Diluted shares, weighted	118m	117m	116m	+0.9%
Shares outstanding at period end	118m	117m	115m	+0.4%

Balance sheet

$ million	FY2024	FY2023	FY2022	On the year
Shareholders' equity	563	605	627	-7.0%
Debt	2,660	2,812	2,973	-5.4%
Operating lease liabilities	89.9	95.5	87.2	-5.9%
Other liabilities	1,747	1,844	1,782	-5.3%
Total liabilities and equity	5,060	5,356	5,469	-5.5%
Fixed assets	1,623	1,761	1,903	-7.8%
Goodwill	172	182	182	-5.5%
Intangible assets	457	533	616	-14.3%
Cash and equivalents	553	520	512	+6.3%
Receivables	709	818	820	-13.4%
Inventory	442	483	464	-8.4%
Other assets	1,104	1,059	973	+4.2%
Total assets	5,060	5,356	5,469	-5.5%

10-K for the year ended 31 December 2024, filed 14 February 2025: the filing.