Adient PLC (ADNT)

Net profit margin

		Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019
Net income	US$ in thousands	205,000	-120,000	1,108,000	-547,000	-491,000
Revenue	US$ in thousands	15,395,000	14,121,000	13,680,000	12,670,000	16,526,000
Net profit margin		1.33%	-0.85%	8.10%	-4.32%	-2.97%

September 30, 2023 calculation

Net profit margin = Net income ÷ Revenue
= $205,000K ÷ $15,395,000K
= 1.33%

The net profit margin of Adient plc has fluctuated significantly over the past five years. In 2023, the net profit margin stood at 1.33%, marking a positive return compared to the negative margins seen in the two preceding years. This turnaround could indicate improved cost management or increased revenue generation. However, the company experienced a notably higher net profit margin of 8.10% in 2021, suggesting that it was more profitable during that period. The negative margins in 2020 and 2019 raise concerns about the company's ability to generate profits during those years. Overall, the fluctuating trend in net profit margins indicates the company's varying profitability and the need for further investigation into the factors driving these changes.