How do you interpret electricalelectronicarchitecture — restructuring charges?

High charges indicate significant operational transformation, which may lead to future margin improvements but signal current disruption.

How does electricalelectronicarchitecture — restructuring charges compare across companies?

Standard line item for automotive suppliers undergoing lean manufacturing or footprint optimization initiatives.

Aptiv APTV Electricalelectronicarchitecture — Restructuring Charges

Discontinued — last reported Q3 '17

Similar metrics at other companies

LFUSElectronics — Restructuring Charges

$5.01M-5.8%

PNRElectrical Unit — Restructuring Charges

$2.8M-69.9%

ESIElectronics — Restructuring Charges

$1.05M+27.3%

LFUSAutomotive — Restructuring Charges

$97K-40.1%

GEVElectrification — Restructuring and other charges

$62M+3,000%

NVTElectrical Connections — Restructuring costs

$1M+233%

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$13.48B+8.4%

Enterprise value$20.19B+2.5%

P/E36.9×+28.9×

P/S0.7×0.0×

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:RestructuringCharges.

The official record: Aptiv’s 10-Q, filed November 2, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does electricalelectronicarchitecture — restructuring charges mean?: Expenses related to reorganizing or downsizing operations within the segment to improve profitability.
How do you interpret electricalelectronicarchitecture — restructuring charges?: High charges indicate significant operational transformation, which may lead to future margin improvements but signal current disruption.
How does electricalelectronicarchitecture — restructuring charges compare across companies?: Standard line item for automotive suppliers undergoing lean manufacturing or footprint optimization initiatives.