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Aptiv APTV Electrical Distribution Systems — Asset Impairment Charges

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Engineered Components
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Intelligent Systems
$0

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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 us-gaap:AssetImpairmentCharges.

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 Systems / (in millions)Engineered Components / (in millions)Intelligent Systems / (in millions)Total
Restructuring(46)(4)(12)(62)
Separation costs(57)(57)
Other acquisition and portfolio project costs(1)(3)(3)(7)
Asset impairments(7)(7)
Compensation expense related to acquisitions(2)(2)
Net gain on lease terminations44
Operating income378
Interest expense(89)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Aptiv's electrical distribution systems — asset impairment charges?
Aptiv (APTV) reported electrical distribution systems — asset impairment charges of $7M in Q1 2026.
What is the long-term trend for Aptiv's electrical distribution systems — asset impairment charges?
Over 2 years (2023 to 2025), Aptiv's electrical distribution systems — asset impairment charges has grown at a -32.1% compound annual growth rate (CAGR), from $13M to $6M.
What does electrical distribution systems — asset impairment charges mean?
This represents a non-cash charge taken when the carrying value of an asset exceeds its fair market value. It signals that the expected future cash flows from the segment's assets have declined, often due to market shifts or technological obsolescence. Frequent impairments can indicate poor capital allocation or deteriorating competitive positioning.

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