Aptiv PLC (APTV)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,010,000 | 1,010,000 | 715,000 | 691,000 | 1,853,000 |
| Revenue | US$ in thousands | 19,713,000 | 20,051,000 | 17,489,000 | 15,618,000 | 13,066,000 |
| Pretax margin | 10.20% | 5.04% | 4.09% | 4.42% | 14.18% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $2,010,000K ÷ $19,713,000K
= 10.20%
Aptiv PLC's pretax margin has shown fluctuations over the past five years, standing at 14.18% on December 31, 2020, before declining to 4.42% by the end of 2021. The trend continued with a slight decrease to 4.09% in 2022, followed by a modest improvement to 5.04% in 2023. Notably, there was a notable increase in pretax margin to 10.20% by December 31, 2024. This indicates that Aptiv PLC's efficiency in managing operating expenses and generating profits before taxes has varied, with a recent positive uptrend suggestive of potential operational improvements. Further analysis of the company's financial performance and strategic initiatives may provide insights into the factors influencing these fluctuations in pretax margin.
Peer comparison
Dec 31, 2024