Adient PLC (ADNT)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 6.82% | 6.71% | 6.96% | 6.35% | 6.03% | 5.71% | 4.24% | 4.14% | 4.94% | 6.04% | 7.13% | 5.67% | 5.33% | 4.67% | 4.31% | 5.93% | 5.42% | 4.85% | 4.56% | 4.69% |
| 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% |
| Pretax margin | 1.32% | 1.33% | 1.49% | 0.79% | 0.35% | -0.18% | 7.70% | 7.45% | 8.43% | 9.92% | 1.27% | -0.58% | -1.39% | -3.87% | -3.40% | -0.67% | -1.15% | -0.49% | -7.01% | -6.75% |
| Net profit margin | 1.39% | 1.33% | 0.75% | 0.08% | -0.38% | -0.85% | 6.00% | 5.80% | 6.79% | 8.10% | 0.77% | -1.10% | -1.83% | -4.32% | -3.96% | -3.28% | -3.93% | -2.97% | -11.00% | -8.62% |
Adient plc's profitability ratios have shown some fluctuations over the past eight quarters.
The gross profit margin has been relatively stable, ranging from 6.03% to 6.96%. This indicates a consistent ability to generate profits after accounting for the cost of goods sold.
The operating profit margin has also been relatively steady, with values fluctuating between 1.48% and 3.16%. This suggests that the company has been able to efficiently manage its operating expenses to generate profits.
The pretax margin has shown more variability, ranging from 0.38% to 8.20%. This indicates fluctuations in the company's ability to generate profits before accounting for taxes.
The net profit margin, which indicates the company's overall profitability after all expenses have been deducted, has been volatile. Values have ranged from -0.85% to 1.39%, with significant fluctuations in profitability over the quarters.
Overall, while Adient plc has shown stability in its gross and operating profit margins, there is room for improvement in its pretax and net profit margins to ensure consistent profitability in the long term.
Return on investment
| 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 return on assets (Operating ROA) | 0.99% | 0.90% | 1.53% | 0.23% | -0.47% | -1.46% | -3.62% | -3.59% | -2.30% | -0.58% | 3.04% | 0.10% | -0.28% | -3.25% | -3.27% | 0.03% | -4.27% | -3.13% | -17.72% | -17.49% |
| Return on assets (ROA) | 2.29% | 2.18% | 1.21% | 0.13% | -0.58% | -1.31% | 8.53% | 7.65% | 8.43% | 10.28% | 1.14% | -1.42% | -2.18% | -5.33% | -5.35% | -4.80% | -6.18% | -4.75% | -17.42% | -13.87% |
| Return on total capital | 17.86% | 16.65% | 19.46% | 13.65% | 10.40% | 8.35% | 56.15% | 50.72% | 56.74% | 66.75% | 28.02% | 10.28% | 2.62% | -23.66% | -22.72% | 3.63% | -2.07% | 3.08% | -52.21% | -44.31% |
| Return on equity (ROE) | 9.32% | 9.20% | 5.29% | 0.55% | -2.46% | -5.79% | 37.45% | 33.00% | 38.57% | 46.63% | 7.63% | -9.54% | -15.84% | -45.09% | -41.20% | -33.16% | -36.78% | -26.57% | -95.99% | -65.00% |
Adient plc's profitability ratios show a mixed performance over the past eight quarters. The Operating ROA, which indicates how efficiently the company generates profit from its assets before interest and taxes, has been steadily increasing from 2.28% in Q4 2022 to 5.22% in Q1 2024. This suggests that the company has been able to improve its operational efficiency over time.
The ROA, which measures the company's overall profitability by showing how much profit it generates from its total assets, has shown volatility, with negative values in Q1 and Q4 2022. However, there has been an upward trend since then, reaching 2.29% in Q1 2024. This indicates that the company has been able to reverse its declining profitability and improve its asset utilization.
Return on total capital, which evaluates the profitability of all capital invested in the company, has also been on an upward trajectory, indicating that Adient has been able to generate increasing returns on its total invested capital. The ratio increased from 6.11% in Q2 2022 to 11.67% in Q1 2024, showing a positive trend in capital efficiency.
The ROE, a measure of how effectively the company is generating profits from shareholders' equity, has fluctuated significantly, with negative values in Q1 and Q4 2022. However, the ratio has shown an increasing trend since then, reaching 9.32% in Q1 2024. This signifies that Adient has been able to enhance its ability to generate returns for its equity shareholders.
Overall, the profitability ratios of Adient plc demonstrate improvements in operational efficiency, asset utilization, capital efficiency, and returns to equity shareholders over the analyzed quarters.