Adient plc ADNT
Adient plc ("Adient") is a global leader in the automotive seating supply industry with leading market positions in the Americas, Europe and Asia and maintains longstanding relationships with the largest global automotive original equipment manufacturers ("OEMs"). Adient's proprietary technologies extend into virtually every area of automotive seating solutions, including complete seating systems, frames, mechanisms, foam, head restraints, armrests and trim covers. Adient is a global seat supplier with the capability to design, develop, engineer, manufacture, and deliver complete seat systems and components in every major automotive producing region in the world.
Adient designs, manufactures and markets a full range of seating systems and components for passenger cars, commercial vehicles and light trucks, including vans, pick-up trucks and sport/crossover utility vehicles. Adient operates approximately 200 wholly- and majority-owned manufacturing, assembly or sequencing facilities, with operations in 29 countries. Additionally, Adient has partially-owned affiliates in China, Asia, Europe and North America. Through its global footprint and vertical integration, Adient leverages its capabilities to drive growth in the automotive seating industry.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.54B | $14.69B | $15.39B | $14.12B | $13.68B | $12.67B | $16.53B | $17.44B | $16.21B | $16.79B |
| Cost of revenue | $13.57B | $13.76B | $14.36B | $13.31B | $12.85B | $12.08B | $15.72B | $16.54B | $14.82B | $15.18B |
| Gross profit | $961.0M | $928.0M | $1.03B | $807.0M | $826.0M | $592.0M | $801.0M | $904.0M | $1.40B | $1.61B |
| R&D | $387.0M | $372.0M | $362.0M | $322.0M | $316.0M | $370.0M | $454.0M | $513.0M | $488.0M | $460.0M |
| SG&A | $522.0M | $507.0M | $554.0M | $598.0M | $537.0M | $558.0M | $671.0M | $730.0M | $729.0M | $1.22B |
| Interest expense | $193.0M | $189.0M | $195.0M | $215.0M | $311.0M | $220.0M | $182.0M | $144.0M | $132.0M | $22.0M |
| Pre-tax income | -$88.0M | $133.0M | $295.0M | $54.0M | $1.44B | -$429.0M | $2.0M | -$1.12B | $1.06B | $377.0M |
| Income tax | $103.0M | $32.0M | $0 | $94.0M | $249.0M | $57.0M | $410.0M | $480.0M | $99.0M | $1.84B |
| Net income | -$281.0M | $18.0M | $205.0M | -$120.0M | $1.11B | -$547.0M | -$491.0M | -$1.69B | $877.0M | -$1.55B |
| EPS, basic | -3.39 | 0.20 | 2.17 | -1.27 | 11.76 | -5.83 | -5.25 | -18.06 | 9.38 | -16.50 |
| EPS, diluted | -3.39 | 0.20 | 2.15 | -1.27 | 11.58 | -5.83 | -5.25 | -18.06 | 9.34 | -16.50 |
| Shares, diluted (wtd. avg.) | 83.0M | 90.1M | 95.4M | 94.8M | 95.7M | 93.8M | 93.6M | 93.3M | 93.9M | 93.7M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $958.0M | $945.0M | $1.11B | $947.0M | $1.52B | $1.69B | $924.0M | $687.0M | $709.0M | $105.0M |
| Inventory | $695.0M | $758.0M | $841.0M | $953.0M | $976.0M | $685.0M | $793.0M | $824.0M | $735.0M | $660.0M |
| Total current assets | $4.13B | $4.09B | $4.32B | $4.16B | $5.09B | $4.48B | $4.12B | $4.31B | $4.50B | $5.69B |
| Property, plant and equipment | $1.41B | $1.41B | $1.38B | $1.38B | $1.61B | $1.58B | $1.67B | $1.68B | $2.50B | $2.19B |
| Goodwill | $1.81B | $2.16B | $2.09B | $2.06B | $2.21B | $2.06B | $2.15B | $2.18B | $2.52B | $2.18B |
| Other intangibles | $319.0M | $371.0M | $408.0M | $467.0M | $555.0M | $443.0M | $405.0M | $460.0M | $543.0M | $113.0M |
| Total assets | $8.95B | $9.35B | $9.42B | $9.16B | $10.78B | $10.26B | $10.34B | $10.94B | $13.17B | $12.96B |
| Accounts payable | $2.55B | $2.55B | $2.53B | $2.48B | $2.13B | $2.18B | $2.71B | $3.10B | $2.96B | $2.78B |
| Short-term debt | $2.0M | $1.0M | $2.0M | $3.0M | $17.0M | $202.0M | $22.0M | $6.0M | $36.0M | $41.0M |
| Total current liabilities | $3.69B | $3.68B | $3.74B | $3.50B | $3.51B | $3.82B | $3.83B | $4.19B | $4.33B | $4.26B |
| Retained earnings | -$1.17B | -$885.0M | -$903.0M | -$1.11B | -$988.0M | -$2.10B | -$1.54B | -$1.03B | $734.0M | $0 |
| Total equity | $1.77B | $2.13B | $2.55B | $2.38B | $2.72B | $1.53B | $2.19B | $2.72B | $4.59B | $4.31B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $449.0M | $543.0M | $667.0M | $274.0M | $260.0M | $246.0M | $308.0M | $679.0M | $746.0M | -$1.03B |
| Depreciation and amortisation | $279.0M | $285.0M | $290.0M | $298.0M | $285.0M | $295.0M | $278.0M | $400.0M | $337.0M | $327.0M |
| Stock-based compensation | $32.0M | $31.0M | $34.0M | $29.0M | $36.0M | $15.0M | $20.0M | $47.0M | $45.0M | $28.0M |
| Capital expenditure | $245.0M | $266.0M | $252.0M | $227.0M | $260.0M | $326.0M | $468.0M | $536.0M | $577.0M | $437.0M |
| Investing cash flow | -$186.0M | -$253.0M | -$229.0M | $484.0M | $347.0M | $166.0M | -$383.0M | -$487.0M | -$795.0M | -$425.0M |
| Financing cash flow | -$267.0M | -$502.0M | -$271.0M | -$1.27B | -$770.0M | $393.0M | $303.0M | -$213.0M | $627.0M | $1.52B |
| Dividends paid | — | — | — | — | $0 | $0 | $26.0M | $103.0M | $52.0M | $0 |
| Buybacks | $125.0M | $275.0M | $65.0M | $0 | $0 | — | $0 | $0 | $40.0M | $0 |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001670541-25-000152.
Plot the figures US dollars
- Revenue
- Gross profit
- Net income
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.79B | $16.21B | $17.44B | $16.53B | $12.67B | $13.68B | $14.12B | $15.39B | $14.69B | $14.54B |
| Gross profit | $1.61B | $1.40B | $904.0M | $801.0M | $592.0M | $826.0M | $807.0M | $1.03B | $928.0M | $961.0M |
| Net income | -$1.55B | $877.0M | -$1.69B | -$491.0M | -$547.0M | $1.11B | -$120.0M | $205.0M | $18.0M | -$281.0M |
Recent filings and events
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Officer or director change Item 5.02
- Shareholder vote The results of the annual meeting or a special vote. Item 5.07
- Regulation FD disclosure Item 7.01
- Results announced Item 2.02
- Material agreement signed Item 1.01
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
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