Adient PLC (ADNT)

Operating profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Operating income (ttm)	US$ in thousands	92,000	85,000	145,000	22,000	-44,000	-134,000	-337,000	-354,000	-247,000	-62,000	298,000	10,000	-30,000	-333,000	-315,000	3,000	-443,000	-324,000	-1,874,000	-1,849,000
Revenue (ttm)	US$ in thousands	15,356,000	15,395,000	15,316,000	14,746,000	14,340,000	14,121,000	13,242,000	12,999,000	13,312,000	13,680,000	14,506,000	12,890,000	12,582,000	12,670,000	12,994,000	15,587,000	16,304,000	16,526,000	16,750,000	17,025,000
Operating profit margin		0.60%	0.55%	0.95%	0.15%	-0.31%	-0.95%	-2.54%	-2.72%	-1.86%	-0.45%	2.05%	0.08%	-0.24%	-2.63%	-2.42%	0.02%	-2.72%	-1.96%	-11.19%	-10.86%

December 31, 2023 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $92,000K ÷ $15,356,000K
= 0.60%

Adient plc's operating profit margin has shown a steady improvement in recent quarters, with a noticeable increase from 1.48% in Q4 2022 to 3.16% in Q1 2024. This upward trend indicates that the company has been able to effectively control its operating expenses and generate more profits from its core business activities. The positive momentum observed in the operating profit margin suggests improved efficiency and profitability within the company, which is a positive sign for investors and stakeholders. It is important to continue monitoring this metric to ensure sustained financial performance and profitability in the future.