Aptiv PLC (APTV)
Gross profit margin
Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross profit (ttm) | US$ in thousands | 1,730,000 | 1,690,000 | 1,655,000 | 1,666,000 | 1,613,000 | 1,504,000 | 1,534,000 | 1,233,000 | 1,147,000 | 925,000 | 677,000 | 859,000 | 1,039,000 | 1,227,000 | 1,820,000 | 1,717,000 | 1,940,000 | 1,848,000 | 1,878,000 | 2,534,000 |
Revenue (ttm) | US$ in thousands | 19,713,000 | 19,725,000 | 19,985,000 | 20,134,000 | 20,051,000 | 19,772,000 | 19,272,000 | 18,129,000 | 17,489,000 | 16,983,000 | 16,023,000 | 15,773,000 | 15,618,000 | 15,696,000 | 15,710,000 | 13,863,000 | 13,066,000 | 12,450,000 | 12,341,000 | 14,008,000 |
Gross profit margin | 8.78% | 8.57% | 8.28% | 8.27% | 8.04% | 7.61% | 7.96% | 6.80% | 6.56% | 5.45% | 4.23% | 5.45% | 6.65% | 7.82% | 11.58% | 12.39% | 14.85% | 14.84% | 15.22% | 18.09% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,730,000K ÷ $19,713,000K
= 8.78%
The gross profit margin of Aptiv PLC has shown a declining trend from March 31, 2020, to June 30, 2022, dropping from 18.09% to 4.23%. However, there has been a gradual improvement in the gross profit margin since June 30, 2022, reaching 8.78% by December 31, 2024. This indicates that the company has been able to enhance its efficiency in generating profits from its core operations over the analyzed period. It would be advisable for stakeholders to continue monitoring the gross profit margin to ensure the sustainable growth and profitability of Aptiv PLC.
Peer comparison
Dec 31, 2024
Company name
Symbol
Gross profit margin
Aptiv PLC
APTV
8.78%
Adient PLC
ADNT
6.32%
American Axle & Manufacturing
AXL
10.26%
Autoliv Inc
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17.57%
BorgWarner Inc
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10.29%
Dana Inc
DAN
1.10%
Dorman Products Inc
DORM
36.20%
Gentex Corporation
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33.33%
Gentherm Inc
THRM
25.27%
LCI Industries
LCII
20.51%
Lear Corporation
LEA
52.17%