Aptiv PLC (APTV)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	2,938,000	2,282,000	954,000	667,000	594,000	376,000	176,000	384,000	590,000	858,000	1,056,000	527,000	1,804,000	1,735,000	1,682,000	2,322,000	990,000	1,007,000	983,000	1,000,000
Total stockholders’ equity	US$ in thousands	11,548,000	10,778,000	9,232,000	8,983,000	8,809,000	8,195,000	8,099,000	8,396,000	8,347,000	8,294,000	8,322,000	8,077,000	7,905,000	7,363,000	6,942,000	4,971,000	3,819,000	3,565,000	3,519,000	3,418,000
ROE		25.44%	21.17%	10.33%	7.43%	6.74%	4.59%	2.17%	4.57%	7.07%	10.34%	12.69%	6.52%	22.82%	23.56%	24.23%	46.71%	25.92%	28.25%	27.93%	29.26%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $2,938,000K ÷ $11,548,000K
= 25.44%

The return on equity (ROE) of Aptiv PLC has shown a positive trend over the past eight quarters, reflecting an improvement in the company's profitability and efficiency in generating returns for its shareholders. The ROE increased from 3.82% in Q1 2022 to 25.19% in Q4 2023, indicating a consistent upward trajectory.

The significant rise in ROE suggests that Aptiv PLC has been effectively utilizing shareholder equity to generate profits. This could be attributed to various factors such as revenue growth, effective cost management, and favorable operational performance.

Overall, the improving trend in ROE demonstrates Aptiv PLC's ability to create value for its shareholders and indicates a positive outlook for the company's financial performance.