Aptiv PLC (APTV)
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 | 1,559,000 | 1,644,000 | 1,668,000 | 1,355,000 | 1,263,000 | 1,083,000 | 828,000 | 1,016,000 | 1,189,000 | 1,375,000 | 1,524,000 | 928,000 | 2,118,000 | 1,996,000 | 1,952,000 | 2,598,000 | 1,276,000 | 1,307,000 | 1,310,000 | 1,396,000 |
| Revenue (ttm) | US$ in thousands | 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 | 14,357,000 | 14,397,000 | 14,323,000 | 14,380,000 |
| Operating profit margin | 7.78% | 8.31% | 8.66% | 7.47% | 7.22% | 6.38% | 5.17% | 6.44% | 7.61% | 8.76% | 9.70% | 6.69% | 16.21% | 16.03% | 15.82% | 18.55% | 8.89% | 9.08% | 9.15% | 9.71% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,559,000K ÷ $20,051,000K
= 7.78%
The operating profit margin of Aptiv PLC has shown a generally positive trend over the past eight quarters. The margin has fluctuated between 5.45% and 9.16%, with the highest margin recorded in Q2 2023. This indicates that the company has been able to effectively control its operating expenses and improve cost management during this period. The increasing trend in the operating profit margin reflects the company's ability to generate more profit from its core business operations over time. However, it is worth noting that the margin dipped in Q1 2023 compared to the previous quarter, suggesting a temporary decrease in profitability. Overall, Aptiv PLC's operating profit margin appears to be stable and on an upward trajectory, showcasing the company's efficiency in managing its operating costs and improving profitability.
Peer comparison
Dec 31, 2023