Aptiv PLC (APTV)
Net profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,938,000 | 594,000 | 590,000 | 1,804,000 | 990,000 |
| Revenue | US$ in thousands | 20,051,000 | 17,489,000 | 15,618,000 | 13,066,000 | 14,357,000 |
| Net profit margin | 14.65% | 3.40% | 3.78% | 13.81% | 6.90% |
December 31, 2023 calculation
Net profit margin = Net income ÷ Revenue
= $2,938,000K ÷ $20,051,000K
= 14.65%
The net profit margin of Aptiv PLC has shown fluctuations over the past five years. In 2019, the net profit margin was 6.90%, which increased significantly to 13.54% in 2020. However, there was a sharp decline in the net profit margin in 2021 to 3.37%, followed by a slight increase to 3.04% in 2022. The most recent data for 2023 indicates a notable improvement in the net profit margin to 14.51%.
This fluctuation in net profit margin suggests variable profitability levels for Aptiv PLC in recent years. It is essential for the company to continue monitoring and analyzing the factors influencing its profitability to sustain and enhance its financial performance in the future.
Peer comparison
Dec 31, 2023