NYSE$APTV

Aptiv PLC · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Aptiv had a strong start to the year, delivering better than expected revenues, earnings and cash flow.

Aptiv reported a strong start to the year with better than expected revenues, earnings, and cash flow. U.S. GAAP revenue of $4.0 billion, an increase of 25%. U.S. GAAP net income of $279 million, diluted earnings per share of $1.03. Generated $252 million of cash from operations.

  • U.S. GAAP revenue of $4.0 billion, an increase of 25%
  • Revenue increased 20% adjusted for currency exchange, commodity movements and divestitures
  • U.S. GAAP net income of $279 million, diluted earnings per share of $1.03
  • Generated $252 million of cash from operations

Headline financials

Total Revenue

$4.02B

Previous: $3.23B+24.7%
EPS (adj)

$1.06

Previous: $0.68+55.9%
Adj. Operating Income

$437M

No prior period
Adj. EBITDA

$630M

No prior period
Operating Cash Flow

$252M

Previous: $161M+56.5%
Free Cash Flow

$295M

Previous: $1.57B-81.2%
Net Income

$295M

Previous: $1.57B-81.2%
Operating Income

$429M

Previous: $1.62B-73.5%
Gross Profit

$727M

Previous: $501M+45.1%
Cash & Equivalents

$2.83B

Previous: $2.06B+37.7%
Total Assets

$17.5B

Previous: $16.2B+8.1%
Stock-Based Comp

$29M

Previous: -$1M+3000.0%

Revenue & EPS history

Aptiv · Revenue · Quarterly

$4.02B

Q1 2021+24.7%vs Q1 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Aptiv · $1.01B total across 1 segment · Q1 2021

  • AS&UX
    $1.01B+12.1%

Forward guidance

The Company’s full year 2021 financial guidance is as follows: Net sales $15,125 - $15,725 million, Adjusted EBITDA $2,325 - $2,475 million, Adjusted EBITDA margin 15.4% - 15.7%, Adjusted operating income $1,540 - $1,690 million, Adjusted operating income margin 10.2% - 10.7%, Adjusted net income per share $3.35 - $3.85, Cash flow from operations $1,850 million, Capital expenditures $750 million, Adjusted effective tax rate 12%.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

-0.0%

Avg return

Earnings day

+0.4%

Avg return

5 days after

+1.6%

Avg return

30 days after

54%

33 / 61 earnings

Positive

+15.9%

Q1 2024

Best reaction

-10.3%

Q2 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.2%-2.7%+22.5%
Q4 2025+2.0%+8.8%-3.1%
Q3 2025-4.3%-5.7%-9.6%
Q1 2025-0.2%+2.0%+17.1%
Q4 2024+3.6%+5.5%+9.1%
Q3 2024+1.6%-18.0%-17.6%
Q2 2024+0.3%-0.5%+3.1%
Q1 2024+15.9%+19.0%+19.4%
Q4 2023-3.7%-5.2%-8.8%
Q3 2023-3.8%-2.4%-7.0%
Q2 2023+0.5%+0.0%-1.7%
Q1 2023-9.1%-7.2%-7.4%
Q4 2022+0.9%+1.0%+4.0%
Q3 2022-2.0%+0.9%+17.2%
Q2 2022-10.3%-9.4%-16.8%
Q1 2022-2.8%-11.5%-1.2%
Q4 2021-5.4%-4.0%-24.3%
Q3 2021+2.2%+3.2%-3.4%
Q2 2021-1.6%+2.4%-9.5%
Q1 2021-2.1%-4.9%+2.4%
Q4 2020+0.6%+5.3%+3.5%
Q3 2020+3.1%+8.8%+30.2%
Q2 2020-7.1%-3.2%+4.3%
Q1 2020+1.4%+6.0%+30.2%
Q4 2019-5.7%+0.7%-13.1%
Q3 2019-0.9%+5.8%+3.9%
Q2 2019+2.5%-0.7%+2.0%
Q1 2019-4.1%-5.0%-23.4%
Q4 2018+5.7%+6.6%+14.2%
Q3 2018+4.4%+2.6%-3.1%
Q2 2018+3.7%+6.4%-3.8%
Q1 2018+7.8%+10.4%+17.2%
Q4 2017-0.7%-2.4%-6.6%
Q3 2017-2.5%-2.1%+4.2%
Q2 2017+3.4%+4.1%+8.7%
Q1 2017-3.4%-7.3%-0.7%
Q4 2016+0.5%+0.8%+3.9%
Q3 2016+1.7%+6.1%-2.3%
Q2 2016-2.8%+0.6%+7.4%
Q1 2016-1.6%
Q4 2015-3.0%
Q3 2015-3.4%
Q2 2015-0.4%
Q1 2015-0.5%
Q4 2014+1.9%
Q3 2014+1.8%
Q2 2014-1.0%
Q1 2014+4.1%
Q4 2013+0.9%
Q3 2013-3.7%
Q2 2013+0.2%
Q1 2013-0.9%
Q4 2010+3.3%
Q4 2012+3.3%
Q3 2012+4.5%
Q3 2011+4.5%
Q2 2012+0.4%
Q2 2011+0.4%
Q1 2011+0.8%
Q1 2012+0.8%
Q4 2011+0.8%
Q3 2010
Q2 2010
Q1 2010

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