Aptiv (APTV)
Market Price (5/10/2026): $57.76 | Market Cap: $12.3 BilSector: Consumer Discretionary | Industry: Automotive Parts & Equipment
Aptiv (APTV)
Market Price (5/10/2026): $57.76Market Cap: $12.3 BilSector: Consumer DiscretionaryIndustry: Automotive Parts & Equipment
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -25% Attractive yieldFCF Yield is 8.8% Stock buyback supportStock Buyback 3Y Total is 4.9 Bil Low stock price volatilityVol 12M is 36% Megatrend and thematic driversMegatrends include Electric Vehicles & Autonomous Driving, Autonomous Technologies, and Artificial Intelligence. Themes include Autonomous Driving Technology, Show more. | Weak multi-year price returns2Y Excs Rtn is -73%, 3Y Excs Rtn is -123% | Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 54% Key risksAPTV key risks include [1] its vulnerability to automotive production cycles and shifting OEM investment strategies, Show more. |
| Valuation becoming less expensiveP/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -25% |
| Attractive yieldFCF Yield is 8.8% |
| Stock buyback supportStock Buyback 3Y Total is 4.9 Bil |
| Low stock price volatilityVol 12M is 36% |
| Megatrend and thematic driversMegatrends include Electric Vehicles & Autonomous Driving, Autonomous Technologies, and Artificial Intelligence. Themes include Autonomous Driving Technology, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -73%, 3Y Excs Rtn is -123% |
| Debt is significantNet D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 54% |
| Key risksAPTV key risks include [1] its vulnerability to automotive production cycles and shifting OEM investment strategies, Show more. |
Qualitative Assessment
AI Analysis | Feedback
Aptiv (APTV) stock has lost about 25% since 1/31/2026 because of the following key factors:
1. Aptiv significantly lowered its full-year 2026 financial guidance for both earnings and revenue, falling short of analyst expectations. The company's updated EPS guidance of $5.70-$6.10 was below the consensus estimate of $6.60, and its revenue guidance of $12.8 billion-$13.2 billion was well below the FactSet estimate of $16.2 billion.
2. The company reported a substantial negative free cash flow and experienced margin compression in the first quarter of 2026. Free cash flow swung to negative $362 million, a significant decline from positive $76 million in the prior year period. Additionally, the adjusted EBITDA margin slipped by 90 basis points to 14.8% from 15.7%, primarily driven by higher commodity costs and unfavorable foreign exchange impacts.
Show more
1. Aptiv significantly lowered its full-year 2026 financial guidance for both earnings and revenue, falling short of analyst expectations. The company's updated EPS guidance of $5.70-$6.10 was below the consensus estimate of $6.60, and its revenue guidance of $12.8 billion-$13.2 billion was well below the FactSet estimate of $16.2 billion.
2. The company reported a substantial negative free cash flow and experienced margin compression in the first quarter of 2026. Free cash flow swung to negative $362 million, a significant decline from positive $76 million in the prior year period. Additionally, the adjusted EBITDA margin slipped by 90 basis points to 14.8% from 15.7%, primarily driven by higher commodity costs and unfavorable foreign exchange impacts.
Show more
Holding a concentrated position? Know your true downside before the momentum shifts.
Protect Your Wealth →
Stock Movement Drivers
Fundamental Drivers
The -23.7% change in APTV stock from 1/31/2026 to 5/10/2026 was primarily driven by a -39.6% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 5102026 | Change |
|---|---|---|---|
| Stock Price ($) | 75.75 | 57.76 | -23.7% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 20,152 | 20,659 | 2.5% |
| Net Income Margin (%) | 1.5% | 1.8% | 20.7% |
| P/E Multiple | 55.8 | 33.7 | -39.6% |
| Shares Outstanding (Mil) | 217 | 213 | 2.1% |
| Cumulative Contribution | -23.7% |
Market Drivers
1/31/2026 to 5/10/2026| Return | Correlation | |
|---|---|---|
| APTV | -23.5% | |
| Market (SPY) | 3.6% | 39.2% |
| Sector (XLY) | -0.6% | 44.5% |
Fundamental Drivers
The -28.8% change in APTV stock from 10/31/2025 to 5/10/2026 was primarily driven by a -43.6% change in the company's P/E Multiple.| (LTM values as of) | 10312025 | 5102026 | Change |
|---|---|---|---|
| Stock Price ($) | 81.10 | 57.76 | -28.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 20,152 | 20,659 | 2.5% |
| Net Income Margin (%) | 1.5% | 1.8% | 20.7% |
| P/E Multiple | 59.8 | 33.7 | -43.6% |
| Shares Outstanding (Mil) | 217 | 213 | 2.1% |
| Cumulative Contribution | -28.8% |
Market Drivers
10/31/2025 to 5/10/2026| Return | Correlation | |
|---|---|---|
| APTV | -28.6% | |
| Market (SPY) | 5.5% | 41.7% |
| Sector (XLY) | 0.6% | 48.0% |
Fundamental Drivers
The 1.2% change in APTV stock from 4/30/2025 to 5/10/2026 was primarily driven by a 349.3% change in the company's P/E Multiple.| (LTM values as of) | 4302025 | 5102026 | Change |
|---|---|---|---|
| Stock Price ($) | 57.06 | 57.76 | 1.2% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 19,713 | 20,659 | 4.8% |
| Net Income Margin (%) | 9.1% | 1.8% | -80.5% |
| P/E Multiple | 7.5 | 33.7 | 349.3% |
| Shares Outstanding (Mil) | 235 | 213 | 10.3% |
| Cumulative Contribution | 1.2% |
Market Drivers
4/30/2025 to 5/10/2026| Return | Correlation | |
|---|---|---|
| APTV | 1.5% | |
| Market (SPY) | 30.4% | 50.8% |
| Sector (XLY) | 22.8% | 54.7% |
Fundamental Drivers
The -43.8% change in APTV stock from 4/30/2023 to 5/10/2026 was primarily driven by a -48.0% change in the company's Net Income Margin (%).| (LTM values as of) | 4302023 | 5102026 | Change |
|---|---|---|---|
| Stock Price ($) | 102.86 | 57.76 | -43.8% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 17,489 | 20,659 | 18.1% |
| Net Income Margin (%) | 3.4% | 1.8% | -48.0% |
| P/E Multiple | 46.9 | 33.7 | -28.2% |
| Shares Outstanding (Mil) | 271 | 213 | 27.3% |
| Cumulative Contribution | -43.8% |
Market Drivers
4/30/2023 to 5/10/2026| Return | Correlation | |
|---|---|---|
| APTV | -43.7% | |
| Market (SPY) | 78.7% | 49.9% |
| Sector (XLY) | 66.6% | 50.6% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| APTV Return | 27% | -44% | -4% | -33% | 26% | -25% | -56% |
| Peers Return | 22% | -20% | 15% | -6% | 52% | 12% | 77% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 7% | 95% |
Monthly Win Rates [3] | |||||||
| APTV Win Rate | 67% | 25% | 42% | 42% | 58% | 0% | |
| Peers Win Rate | 62% | 31% | 48% | 38% | 68% | 60% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 60% | |
Max Drawdowns [4] | |||||||
| APTV Max Drawdown | -2% | -53% | -22% | -42% | -21% | -28% | |
| Peers Max Drawdown | -5% | -33% | -7% | -19% | -19% | -6% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: TEL, LEA, APH, MGA, BWA. See APTV Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/8/2026 (YTD)
How Low Can It Go
| Event | APTV | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -28.1% | -18.8% |
| % Gain to Breakeven | 39.1% | 23.1% |
| Time to Breakeven | 31 days | 79 days |
| 2020 COVID-19 Crash | ||
| % Loss | -63.0% | -33.7% |
| % Gain to Breakeven | 170.4% | 50.9% |
| Time to Breakeven | 195 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -29.2% | -19.2% |
| % Gain to Breakeven | 41.3% | 23.7% |
| Time to Breakeven | 100 days | 105 days |
| 2016-2017 Trump Reflation Bond Selloff | ||
| % Loss | -10.5% | -3.7% |
| % Gain to Breakeven | 11.7% | 3.9% |
| Time to Breakeven | 43 days | 6 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -26.4% | -12.2% |
| % Gain to Breakeven | 35.9% | 13.9% |
| Time to Breakeven | 66 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -16.8% | -6.8% |
| % Gain to Breakeven | 20.1% | 7.3% |
| Time to Breakeven | 22 days | 15 days |
In The Past
Aptiv's stock fell -28.1% during the 2025 US Tariff Shock. Such a loss loss requires a 39.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
| Event | APTV | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -28.1% | -18.8% |
| % Gain to Breakeven | 39.1% | 23.1% |
| Time to Breakeven | 31 days | 79 days |
| 2020 COVID-19 Crash | ||
| % Loss | -63.0% | -33.7% |
| % Gain to Breakeven | 170.4% | 50.9% |
| Time to Breakeven | 195 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -29.2% | -19.2% |
| % Gain to Breakeven | 41.3% | 23.7% |
| Time to Breakeven | 100 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -26.4% | -12.2% |
| % Gain to Breakeven | 35.9% | 13.9% |
| Time to Breakeven | 66 days | 62 days |
In The Past
Aptiv's stock fell -28.1% during the 2025 US Tariff Shock. Such a loss loss requires a 39.1% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Aptiv (APTV)
Aptiv PLC designs, manufacturers, and sells vehicle components worldwide. The company provides electrical, electronic, and safety technology solutions to the automotive and commercial vehicle markets. It operates in two segment, Signal and Power Solutions, and Advanced Safety and User Experience. The Signal and Power Solutions segment designs, manufactures, and assembles vehicle's electrical architecture, including engineered component products, connectors, wiring assemblies and harnesses, cable management products, electrical centers, and hybrid high voltage and safety distribution systems. The Advanced Safety and User Experience segment provides critical components, systems integration, and software development for vehicle safety, security, comfort, and convenience, such as sensing and perception systems, electronic control units, multi-domain controllers, vehicle connectivity systems, application software, and autonomous driving technologies. The company was formerly known as Delphi Automotive PLC and changed its name to Aptiv PLC in December 2017. Aptiv PLC was founded in 2011 and is based in Dublin, Ireland.
AI Analysis | Feedback
Analogies for Aptiv (APTV):
- Aptiv is like the Intel for a car's advanced electronics and autonomous driving systems.
- Aptiv is like a highly specialized Bosch, building the crucial electrical architecture and autonomous driving "brains" of modern vehicles.
AI Analysis | Feedback
- Vehicle Electrical Architecture: Aptiv designs and manufactures connectors, wiring assemblies and harnesses, and cable management products that form the electrical backbone of vehicles.
- Power & Safety Distribution Systems: The company provides electrical centers and hybrid high voltage and safety distribution systems for efficient and safe power management within vehicles.
- Sensing & Perception Systems: These systems include critical components for vehicle safety and autonomous driving, enabling the vehicle to detect and understand its surroundings.
- Electronic Control Units (ECUs) & Multi-Domain Controllers: Aptiv develops electronic control units and multi-domain controllers that manage various functions, systems, and integrated features within a vehicle.
- Vehicle Connectivity Systems: The company offers solutions that enable vehicles to communicate internally and connect with external networks for data exchange and service delivery.
- Autonomous Driving Technologies: Aptiv provides application software and advanced technological solutions that contribute to and enable autonomous driving capabilities in vehicles.
AI Analysis | Feedback
Major Customers of Aptiv (APTV)
Aptiv (APTV) sells primarily to other companies, specifically vehicle manufacturers in the automotive and commercial vehicle markets. Based on their financial disclosures, the following are identified as major customers:
- General Motors (NYSE: GM)
- Stellantis N.V. (NYSE: STLA)
AI Analysis | Feedback
nullAI Analysis | Feedback
Kevin Clark, Chairman and Chief Executive Officer.Mr. Clark has been Chairman and CEO of Aptiv since April 2022, and was previously President and CEO from 2015. He joined Aptiv (then Delphi) in 2010 as Chief Financial Officer and served as Chief Operating Officer in 2014. Before joining Aptiv, Mr. Clark was a founding partner of Liberty Lane Partners, LLC, a private equity investment firm, from 2007 to 2010. He also served as Chief Financial Officer of Fisher Scientific International Inc. from its IPO in 2001 through its merger with Thermo Electron Corporation in 2006, overseeing two IPOs and a $10 billion merger. His career began in finance at Chrysler Corporation.
Varun Laroyia, Executive Vice President and Chief Financial Officer.
Mr. Laroyia was appointed Executive Vice President and Chief Financial Officer of Aptiv in November 2024. Prior to Aptiv, he spent seven years with LKQ Corporation, where he served as Executive Vice President and Chief Financial Officer, and later as Chief Executive Officer of LKQ Europe. He previously held senior finance and operating management roles at Johnson Controls, Gateway, General Electric, KPMG, and was CFO of CBRE Group Inc.'s Global Workforce Solutions business.
Joseph Massaro, Vice Chair and President, Engineered Components Group.
Mr. Massaro has served as Vice Chair and President, Engineered Components Group since November 2024, and was previously Aptiv's Chief Financial Officer and Senior Vice President, Business Operations from March 2016 to November 2024. He joined Aptiv (then Delphi) in 2013. Before Aptiv, he was a managing director at Liberty Lane Partners, LLC (2008-2013), a private equity investment firm, and also served as CFO of inVentiv Health Inc., a Liberty Lane portfolio company. He also held various finance and operational leadership roles at Thermo Fisher Scientific Inc. and Fisher Scientific International Inc., and began his career at PricewaterhouseCoopers.
Katherine H. Ramundo, Senior Vice President, Chief Legal Officer, Chief Compliance Officer and Secretary.
Ms. Ramundo has served as Senior Vice President, Chief Legal Officer, Chief Compliance Officer and Secretary of Aptiv since March 2021. Prior to joining Aptiv, she was Executive Vice President, Chief Legal Officer and Secretary of Howmet Aerospace Inc. (formerly Arconic Inc.) from November 2016 to February 2021. She also served as Executive Vice President, General Counsel and Secretary of ANN, Inc.
Anant Thaker, Senior Vice President and Chief Strategy Officer.
Mr. Thaker has been Senior Vice President and Chief Strategy Officer at Aptiv since September 2022. He joined Aptiv in August 2018 as Director, Strategy, and was promoted to Vice President, Strategy in January 2020. Mr. Thaker is also a board member of Motional, Aptiv's automated driving joint venture with Hyundai.
AI Analysis | Feedback
```htmlAptiv PLC (APTV) faces several key risks to its business, largely stemming from the dynamic and complex automotive industry landscape.
1. Dependence on Major Automotive OEMs and Production Volatility
A significant portion of Aptiv's financial health is tied to a concentrated customer base; its five largest customers accounted for approximately 40% to 42% of total net sales in recent years. This reliance makes Aptiv vulnerable to any adverse changes in these key customers' businesses, including shifts in their market share or production plans. The company has experienced challenges related to softening production schedules and uncertainty with key original equipment manufacturers (OEMs), notably including Tesla and some Chinese manufacturers. This situation directly impacts revenue visibility, leading to muted growth and delays in converting opportunities into firm orders in a fluctuating production environment.
2. Intense Competition and Rapid Technological Disruption
The automotive technology sector is characterized by intense competition from both traditional automotive suppliers such as Bosch, Continental, Denso, and Yazaki, and innovative tech companies like Nvidia and Mobileye. This competitive pressure spans across crucial areas like Advanced Driver-Assistance Systems (ADAS), electrification, and cockpit technologies. The rapid evolution of AI software and the high development costs associated with advanced safety and autonomous driving technologies further heighten this risk, requiring continuous investment in research and development and posing a threat if Aptiv's specific technological advancements do not achieve commercial success.
3. Supply Chain Vulnerabilities, Macroeconomic Headwinds, and EV Transition Uncertainty
Aptiv, as an automotive supplier, is susceptible to global supply chain disruptions, such as the semiconductor shortages previously experienced in the industry. Rising costs for raw materials, labor, and logistics are increasing at a faster pace than revenues, while automakers resist price increases, consequently squeezing Aptiv's profit margins. Broader macroeconomic and geopolitical factors, including potential tariffs and trade barriers, also represent significant risks to its global supply chains and overall market volumes. Additionally, while Aptiv is a key player in electric vehicle (EV) content, the uncertain pace of EV adoption introduces operational and financial strain, as the company must balance investments in both legacy components and new EV technologies without clear timelines for returns on investment.
```AI Analysis | Feedback
The automotive industry's shift towards highly centralized and zonal vehicle architectures presents a clear emerging threat to Aptiv. These new architectures aim to significantly reduce the complexity and quantity of traditional wiring harnesses, connectors, and numerous distributed electronic control units (ECUs) by consolidating functions into fewer, more powerful central or zonal controllers. Aptiv's Signal and Power Solutions segment, which designs and manufactures traditional electrical architecture components such as wiring assemblies, harnesses, connectors, and electrical centers, could face reduced demand for these core products as vehicle designs evolve to simplify and integrate these systems.
AI Analysis | Feedback
Aptiv PLC operates in significant global markets related to vehicle components, electrical architecture, and safety technology solutions. The company's main products and services fall under two segments: Signal and Power Solutions, and Advanced Safety and User Experience.
Signal and Power Solutions Segment
This segment focuses on vehicle electrical architecture, including wiring assemblies, harnesses, connectors, and power distribution systems. The addressable markets for these products are substantial:
- The global automotive wiring harness market was estimated at USD 50.09 billion in 2023 and is projected to reach USD 63.00 billion by 2030. Other estimates place the global market at USD 86.54 billion in 2024, predicted to increase to approximately USD 121.72 billion by 2034. The Asia Pacific region held the largest share of this market, accounting for 45.8% of revenue in 2023.
- The global automotive connectors market was valued at USD 6.89 billion in 2023 and is projected to reach USD 10.72 billion by 2030. Another report estimates the global market at USD 8.04 billion in 2025, projected to grow to USD 16.06 billion by 2034. The Asia Pacific region holds the maximum revenue share in the global automotive connectors market.
- The global automotive Electrical/Electronic (E/E) architecture market, which encompasses the design and integration of electrical and electronic systems, was valued at USD 79.4 billion in 2024 and is estimated to reach USD 148.6 billion by 2034. Asia-Pacific is identified as the largest market for automotive E/E architecture.
Advanced Safety and User Experience Segment
This segment provides sensing and perception systems, electronic control units, vehicle connectivity, application software, and autonomous driving technologies. The addressable markets for these areas are:
- The global automotive electronic control unit (ECU) market was valued at USD 114.3 billion in 2023 and is projected to reach USD 257.7 billion by 2035. Another source estimates the global market at USD 87.7 billion in 2024, projected to reach USD 133.4 billion by 2033. The Asia Pacific region dominates the automotive ECU market, holding over 49.83% of the market share in 2022.
- The global advanced driver-assistance systems (ADAS) market was estimated at USD 34.65 billion in 2024 and is anticipated to reach USD 66.56 billion by 2030. Other reports indicate the market size at USD 42.9 billion in 2024, expected to reach around USD 212.2 billion by 2034. Key regions dominating the ADAS market include North America, Europe, and Asia-Pacific.
- The global autonomous driving technology market is projected to reach USD 25.0 billion to USD 30.0 billion by 2025. The broader global autonomous vehicle market was estimated at USD 68.09 billion in 2024 and is projected to reach USD 214.32 billion by 2030. Asia Pacific dominated the global autonomous car market with a share of 47.42% in 2025.
- The global autonomous driving software market is projected to grow from USD 1.8 billion in 2024 to USD 7.0 billion by 2035.
- The global connected car market was valued at USD 96.2 billion in 2024 and is estimated to reach USD 284.0 billion by 2033. The global connected vehicles market is expected to rise from USD 87.10 billion in 2025 to USD 364.04 billion by 2035. North America currently dominates the connected car market, holding over 39.8% share in 2024.
Aptiv itself estimates its total addressable market (TAM) at approximately $175 billion by 2025, which includes intelligent systems, electrical distribution systems, and engineered components. The company also projects its total addressable market opportunity to nearly double to $400 billion by 2030 by serving applications beyond the automotive industry, such as industrial, transportation, and renewable energy.
AI Analysis | Feedback
Aptiv (APTV) is anticipated to drive future revenue growth over the next 2-3 years through several key strategies:
- Expansion into Non-Automotive Markets and Diversification: Aptiv is successfully diversifying its portfolio and demonstrating strong growth in non-automotive revenues. The company has leveraged its product portfolio to penetrate these markets, aligning with broader trends in automation, electrification, and digitalization. This includes strategic partnerships in the robotics sector.
- Growing Demand for Advanced Safety, Connectivity, and User Experience Solutions: Aptiv benefits from the increasing demand for advanced driver-assistance systems (ADAS), personalization, infotainment connectivity, and convenience features within the automotive industry. The company continues to innovate in these areas, evidenced by new product launches such as the Gen 8 radar for enhanced hands-free driving and high-performance cockpit controllers for electric SUVs.
- Strong New Business Bookings and Strategic Partnerships: The company has demonstrated a robust ability to secure new business, reporting significant bookings totaling $27 billion in 2025, with notable contributions from regions like China, Japan, Korea, and India. Aptiv expects total bookings for 2026, including the Versigent spin-off, to exceed $30 billion. Strategic collaborations further bolster its market presence.
- Increasing Electrification and Software Content in Vehicles: Aptiv's strategic focus on electrical, electronic, and safety technology solutions positions it to capitalize on the ongoing industry shift towards vehicle electrification and software-defined functionalities. The planned spin-off of the Electrical Distribution Systems (EDS) business into Versigent is intended to streamline Aptiv's focus on these higher-growth areas, including advanced safety and connectivity technologies.
AI Analysis | Feedback
Share Repurchases
- Aptiv announced a new $5 billion share repurchase authorization in the second quarter of 2024.
- The company repurchased and retired $1.5 billion in shares during 2025.
- As of December 31, 2025, $2.1 billion remained available for future share repurchases under the existing $5.0 billion authorization.
Share Issuance
- Aptiv's shares outstanding increased by 4.31% in 2023, from 0.271 billion in 2022 to 0.283 billion.
- No significant dollar amount of shares issued for cash by Aptiv was found in the specified period.
Outbound Investments
- Aptiv acquired 85% of Intercable Automotive Solutions S.r.l. for $609 million in November 2022, enhancing its high-voltage product portfolio.
- The company acquired Wind River Systems, Inc. for $3.5 billion in December 2022, aiming to accelerate the software-defined future of the automotive industry.
- Aptiv acquired Hohle, a manufacturer of high-speed microduct for fiber optic networks, in April 2023.
Capital Expenditures
- Capital expenditures amounted to -$656 million in 2025.
- Guidance for capital expenditures was $1,050 million for full-year 2024 and $950 million for full-year 2023.
- Primary focus for capital expenditures includes investment in automation and building semiconductor inventory to strengthen the supply chain.
Latest Trefis Analyses
Trade Ideas
Select ideas related to APTV.
| Date | Ticker | Company | Category | Trade Strategy | 6M Fwd Rtn | 12M Fwd Rtn | 12M Max DD |
|---|---|---|---|---|---|---|---|
| 04302026 | FUN | Six Flags Entertainment | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | 0.0% | 0.0% | 0.0% |
| 04242026 | MGM | MGM Resorts International | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -1.5% | -1.5% | -1.5% |
| 04242026 | WEN | Wendy's | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -2.5% | -2.5% | -5.3% |
| 04102026 | WHR | Whirlpool | Special | Short Squeeze PotentialShort Squeeze PotentialHas potential for a short squeeze. High short interest, rising short interest and high debt. | -0.8% | -0.8% | -4.8% |
| 04022026 | SKY | Champion Homes | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 3.1% | 3.1% | -1.2% |
| 03312020 | APTV | Aptiv | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 86.7% | 180.1% | -12.1% |
| 12312018 | APTV | Aptiv | Dip Buy | DB | P/E OPMDip Buy with Low PE and High MarginBuying dips for companies with tame PE and meaningfully high operating margin | 31.8% | 55.9% | -1.9% |
Research & Analysis
Invest in Strategies
Wealth Management
Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 95.99 |
| Mkt Cap | 15.0 |
| Rev LTM | 22,090 |
| Op Inc LTM | 2,109 |
| FCF LTM | 2,094 |
| FCF 3Y Avg | 1,512 |
| CFO LTM | 2,984 |
| CFO 3Y Avg | 2,871 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 3.8% |
| Rev Chg 3Y Avg | 4.4% |
| Rev Chg Q | 5.1% |
| QoQ Delta Rev Chg LTM | 1.2% |
| Op Inc Chg LTM | 6.9% |
| Op Inc Chg 3Y Avg | 11.6% |
| Op Mgn LTM | 9.5% |
| Op Mgn 3Y Avg | 9.5% |
| QoQ Delta Op Mgn LTM | 0.3% |
| CFO/Rev LTM | 11.0% |
| CFO/Rev 3Y Avg | 10.6% |
| FCF/Rev LTM | 7.8% |
| FCF/Rev 3Y Avg | 6.5% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 15.0 |
| P/S | 0.7 |
| P/Op Inc | 8.8 |
| P/EBIT | 14.2 |
| P/E | 29.9 |
| P/CFO | 7.1 |
| Total Yield | 4.8% |
| Dividend Yield | 1.0% |
| FCF Yield 3Y Avg | 9.8% |
| D/E | 0.4 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 2.9% |
| 3M Rtn | -2.1% |
| 6M Rtn | 10.8% |
| 12M Rtn | 59.7% |
| 3Y Rtn | 36.8% |
| 1M Excs Rtn | -5.8% |
| 3M Excs Rtn | -8.9% |
| 6M Excs Rtn | 2.0% |
| 12M Excs Rtn | 32.7% |
| 3Y Excs Rtn | -42.0% |
Comparison Analyses
Segment Financials
Assets by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Engineered Components Group | 9,707 | ||||
| Advanced Safety and User Experience | 9,585 | 9,418 | 11,864 | 7,244 | 7,066 |
| Electrical Distribution Systems | 5,019 | ||||
| Eliminations and Other | -853 | 79 | -4,555 | -2,622 | -2,703 |
| Signal and Power Solutions | 14,930 | 14,575 | 13,385 | 13,159 | |
| Total | 23,458 | 24,427 | 21,884 | 18,007 | 17,522 |
Price Behavior
Price Behavior
| Market Price | $57.94 | |
| Market Cap ($ Bil) | 12.4 | |
| First Trading Date | 11/17/2011 | |
| Distance from 52W High | -34.7% | |
| 50 Days | 200 Days | |
| DMA Price | $64.66 | $75.70 |
| DMA Trend | down | down |
| Distance from DMA | -10.4% | -23.5% |
| 3M | 1YR | |
| Volatility | 42.1% | 35.4% |
| Downside Capture | 0.95 | 0.85 |
| Upside Capture | -11.93 | 108.05 |
| Correlation (SPY) | 37.0% | 48.2% |
APTV Betas & Captures as of 4/30/2026
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.31 | 1.03 | 1.05 | 1.22 | 1.44 | 1.21 |
| Up Beta | 2.57 | 2.35 | 2.06 | 1.66 | 1.88 | 1.06 |
| Down Beta | 0.59 | 0.79 | 0.66 | 0.94 | 1.17 | 1.26 |
| Up Capture | -70% | -15% | 13% | 57% | 119% | 104% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 6 | 14 | 25 | 54 | 120 | 374 |
| Down Capture | -33% | 123% | 135% | 147% | 134% | 109% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 16 | 29 | 39 | 71 | 132 | 377 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with APTV | |
|---|---|---|---|---|
| APTV | -1.7% | 36.3% | 0.02 | - |
| Sector ETF (XLY) | 21.8% | 18.7% | 0.92 | 54.4% |
| Equity (SPY) | 29.0% | 12.5% | 1.83 | 50.3% |
| Gold (GLD) | 39.8% | 27.0% | 1.22 | -0.2% |
| Commodities (DBC) | 50.6% | 18.0% | 2.21 | -10.5% |
| Real Estate (VNQ) | 13.0% | 13.5% | 0.66 | 29.4% |
| Bitcoin (BTCUSD) | -17.4% | 42.1% | -0.34 | 22.7% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with APTV | |
|---|---|---|---|---|
| APTV | -16.6% | 39.3% | -0.35 | - |
| Sector ETF (XLY) | 7.1% | 23.8% | 0.26 | 62.1% |
| Equity (SPY) | 12.8% | 17.1% | 0.59 | 61.1% |
| Gold (GLD) | 20.9% | 17.9% | 0.95 | 5.6% |
| Commodities (DBC) | 13.8% | 19.1% | 0.59 | 12.6% |
| Real Estate (VNQ) | 3.4% | 18.8% | 0.08 | 49.2% |
| Bitcoin (BTCUSD) | 7.0% | 56.0% | 0.34 | 26.5% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with APTV | |
|---|---|---|---|---|
| APTV | 0.3% | 40.7% | 0.15 | - |
| Sector ETF (XLY) | 12.9% | 22.0% | 0.54 | 63.6% |
| Equity (SPY) | 15.1% | 17.9% | 0.72 | 61.9% |
| Gold (GLD) | 13.4% | 15.9% | 0.69 | 1.9% |
| Commodities (DBC) | 9.3% | 17.8% | 0.44 | 23.2% |
| Real Estate (VNQ) | 5.8% | 20.7% | 0.24 | 49.2% |
| Bitcoin (BTCUSD) | 67.8% | 66.9% | 1.07 | 17.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 5/5/2026 | -7.9% | ||
| 2/2/2026 | 2.9% | 8.8% | -5.7% |
| 10/30/2025 | -4.3% | -2.5% | -10.3% |
| 7/31/2025 | 2.9% | -2.3% | 20.4% |
| 5/1/2025 | -0.2% | 3.3% | 17.1% |
| 1/22/2025 | 1.5% | 1.6% | 9.4% |
| 10/31/2024 | -17.7% | -22.1% | -19.6% |
| 8/1/2024 | 5.4% | -2.1% | 2.2% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 11 | 12 |
| # Negative | 14 | 13 | 12 |
| Median Positive | 3.1% | 3.8% | 14.4% |
| Median Negative | -5.5% | -3.8% | -8.6% |
| Max Positive | 11.5% | 19.3% | 30.2% |
| Max Negative | -17.7% | -22.1% | -24.3% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 03/31/2026 | 05/05/2026 | 10-Q |
| 12/31/2025 | 02/06/2026 | 10-K |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/31/2025 | 10-Q |
| 03/31/2025 | 05/01/2025 | 10-Q |
| 12/31/2024 | 02/07/2025 | 10-K |
| 09/30/2024 | 10/31/2024 | 10-Q |
| 06/30/2024 | 08/01/2024 | 10-Q |
| 03/31/2024 | 05/02/2024 | 10-Q |
| 12/31/2023 | 02/06/2024 | 10-K |
| 09/30/2023 | 11/02/2023 | 10-Q |
| 06/30/2023 | 08/03/2023 | 10-Q |
| 03/31/2023 | 05/04/2023 | 10-Q |
| 12/31/2022 | 02/08/2023 | 10-K |
| 09/30/2022 | 11/03/2022 | 10-Q |
| 06/30/2022 | 08/04/2022 | 10-Q |
Recent Forward Guidance [BETA]
Latest: Q1 2026 Earnings Reported 5/5/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q2 2026 Revenue | 3.20 Bil | 3.30 Bil | 3.40 Bil | -34.6% | Lower New | Actual: 5.05 Bil for Q1 2026 | |
| Q2 2026 Net Income | 140.00 Mil | 160.00 Mil | 180.00 Mil | Lower New | |||
| Q2 2026 Adjusted EBITDA | 555.00 Mil | 580.00 Mil | 605.00 Mil | Lower New | |||
| Q2 2026 EPS | 1.3 | 1.4 | 1.5 | -15.2% | Lower New | Guidance: 1.65 for Q1 2026 | |
| 2026 Revenue | 12.80 Bil | 13.00 Bil | 13.20 Bil | -39.4% | Lowered | Guidance: 21.47 Bil for 2026 | |
| 2026 Net Income | 830.00 Mil | 870.00 Mil | 910.00 Mil | Lower New | |||
| 2026 Adjusted EBITDA | 2.36 Bil | 2.42 Bil | 2.48 Bil | Lower New | |||
| 2026 EPS | 5.7 | 5.9 | 6.1 | -30.2% | Lowered | Guidance: 8.45 for 2026 | |
| 2026 Free Cash Flow | 650.00 Mil | 750.00 Mil | 850.00 Mil | 0.0% | Affirmed | Guidance: 750.00 Mil for 2026 | |
Prior: Q4 2025 Earnings Reported 2/2/2026
| Forward Guidance | Guidance Change | ||||||
|---|---|---|---|---|---|---|---|
| Metric | Low | Mid | High | % Chg | % Delta | Change | Prior |
| Q1 2026 Revenue | 4.95 Bil | 5.05 Bil | 5.15 Bil | -0.1% | Lower New | Actual: 5.05 Bil for Q4 2025 | |
| Q1 2026 EPS | 1.55 | 1.65 | 1.75 | -5.7% | Lower New | Actual: 1.75 for Q4 2025 | |
| 2026 Revenue | 21.12 Bil | 21.47 Bil | 21.82 Bil | 5.8% | Higher New | Actual: 20.30 Bil for 2025 | |
| 2026 EPS | 8.15 | 8.45 | 8.75 | 9.7% | Higher New | Actual: 7.7 for 2025 | |
| 2026 Free Cash Flow | 650.00 Mil | 750.00 Mil | 850.00 Mil | -38.5% | Lower New | Actual: 1.22 Bil for 2025 | |
Insider Activity
Expand for More| # | Owner | Title | Holding | Action | Filing Date | Price | Shares | Transacted Value | Value of Held Shares | Form |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Ramundo, Katherine H | EVP, CLO, CCO & Secretary | Direct | Sell | 1122026 | 85.00 | 5,000 | 425,000 | 9,941,515 | Form |
| 2 | Laroyia, Varun | EVP & Chief Financial Officer | Direct | Sell | 12162025 | 80.05 | 5,000 | 400,250 | 12,069,058 | Form |
| 3 | Agnevall, Hakan | Direct | Buy | 12162025 | 80.25 | 3,700 | 296,918 | 373,554 | Form | |
| 4 | Mahoney, Sean O | Direct | Sell | 12082025 | 76.60 | 7,881 | 603,685 | 1,313,996 | Form | |
| 5 | Laroyia, Varun | EVP & Chief Financial Officer | Direct | Sell | 12082025 | 77.88 | 14,500 | 1,129,260 | 12,131,290 | Form |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
Prefer one of these to Trefis? Tell us why.