Adient PLC (ADNT)
Operating profit margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 59,000 | -166,000 | -86,000 | -612,000 | -448,000 |
| Revenue | US$ in thousands | 15,395,000 | 14,121,000 | 13,680,000 | 12,670,000 | 16,526,000 |
| Operating profit margin | 0.38% | -1.18% | -0.63% | -4.83% | -2.71% |
September 30, 2023 calculation
Operating profit margin = Operating income ÷ Revenue
= $59,000K ÷ $15,395,000K
= 0.38%
The operating profit margin of Adient plc has exhibited variation over the past five years. In 2019, the margin stood at 0.79%, representing a slight increase to 2.11% in 2021. However, in the subsequent year, there was a notable dip to 0.27%, indicating a substantial decrease in profitability. This trend reversed in 2022, as the operating profit margin rose to 1.48%. The most recent data for September 30, 2023, reveals a further improvement in the margin to 3.11%, marking a significant increase compared to the previous years.
Overall, the trend suggests that Adient plc has experienced fluctuations in its operating profit margin in recent years, with a notable recovery in 2023. This may indicate changing cost structures, pricing strategies, or operational efficiencies affecting the company's profitability.
Peer comparison
Sep 30, 2023