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Aptiv APTV Electrical Distribution Systems — Selling, General and Administrative Expense

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Engineered Components
-$161M
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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:SellingGeneralAndAdministrativeExpense.

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
Intersegment revenues22095(216)
Net sales$2,212$1,657$1,433$(216)$5,086
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)

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Aptiv's electrical distribution systems — selling, general and administrative expense?
Aptiv (APTV) reported electrical distribution systems — selling, general and administrative expense of -$154M in Q1 2026.
How has Aptiv's electrical distribution systems — selling, general and administrative expense changed year-over-year?
Aptiv's electrical distribution systems — selling, general and administrative expense decreased by 24.2% year-over-year, from -$124M to -$154M.
What is the long-term trend for Aptiv's electrical distribution systems — selling, general and administrative expense?
Over 2 years (2023 to 2025), Aptiv's electrical distribution systems — selling, general and administrative expense has grown at a 21.3% compound annual growth rate (CAGR), from -$407M to -$599M.
What does electrical distribution systems — selling, general and administrative expense mean?
Covers the indirect costs of operating the segment, including administrative salaries, marketing, research and development, and general office expenses. It reflects the overhead burden required to support the segment's business activities.

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