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Aptiv APTV Electrical Distribution Systems — Adjusted operating income

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Other financials

Income statement

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Revenue$5.1B+5.4%
Gross profit$920.0M0.0%
Operating income$378.0M-15.6%
Net income$189.0M+1,818%
EPS (diluted)$0.88+1,860%

Balance sheet

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Cash & equivalents$3.2B+188%
Total debt$9.9B+17.1%
Total equity$9.2B+3.0%
Total assets$25.2B+9.1%

Cash flow

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Operating cash flow-$143.0M-152%
CapEx$219.0M+11.2%
Free cash flow-$362.0M-576%

Valuation

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Market cap$9.76B-31.2%
Enterprise value$16.47B-21.9%
P/E26.7×+12.7×
P/S0.5×-0.2×

Profitability

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Gross margin18.9%-0.2pp
Operating margin5.4%-4.1pp
Net margin1.8%-6.2pp
FCF margin5.3%-3.4pp

Returns & leverage

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Return on equity4%-11.5pp
Debt / equity1.1×+0.1×
Current ratio2.1×+0.5×

Where this comes from

Reported directly by Aptiv in its filing.

Tagged under the XBRL concept aptv:AdjustedOperatingIncomeLoss.

The source filing: Aptiv’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 4:15 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001521332-26-000048
For the Three Months Ended March 31, 2026:Electrical Distribution SystemsEngineered ComponentsIntelligent SystemsEliminations and Other (1)Total
Cost of sales(1,970)(1,228)(1,184)216(4,166)
Selling, general and administrative(154)(161)(112)(427)
Other segment items (2)613569
Segment adjusted operating income$149$271$142$562
Depreciation and amortization$62$113$75$250
Equity income (loss), net of tax$4$(17)$(13)
Net income attributable to noncontrolling interest$3$3
Net loss attributable to redeemable noncontrolling interest$(1)$(1)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Aptiv's electrical distribution systems — adjusted operating income?
Aptiv (APTV) reported electrical distribution systems — adjusted operating income of $149M in Q1 2026.
How has Aptiv's electrical distribution systems — adjusted operating income changed year-over-year?
Aptiv's electrical distribution systems — adjusted operating income increased by 4.2% year-over-year, from $143M to $149M.
What is the long-term trend for Aptiv's electrical distribution systems — adjusted operating income?
Over 2 years (2023 to 2025), Aptiv's electrical distribution systems — adjusted operating income has grown at a 0.5% compound annual growth rate (CAGR), from $667M to $674M.
What does electrical distribution systems — adjusted operating income mean?
The segment's profitability after accounting for core operating expenses, excluding non-recurring items like restructuring or impairment charges. It provides a normalized view of the segment's underlying operational performance.

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