What does electronicsand safety — restructuring charges mean?

The costs incurred to reorganize or downsize the Electronics and Safety segment to improve efficiency.

How do you interpret electronicsand safety — restructuring charges?

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

How does electronicsand safety — restructuring charges compare across companies?

Standardized as 'Restructuring costs' or 'Transformation expenses' across all major industrial segments.

Aptiv APTV Electronicsand Safety — Restructuring Charges

Discontinued — last reported Q3 '17

Similar metrics at other companies

ESIElectronics — Restructuring Charges

$1.05M+27.3%

LFUSElectronics — Restructuring Charges

$5.01M-5.8%

TTMIElectronic Manufacturing Solutions — Restructuring Charges

$5.01M+163%

LFUSElectronics — Restructuring, impairment and other costs

$526K-57.4%

TDYAerospace and Defense Electronics — Restructuring Charges

$175K-93.7%

CRAerospace and Electronics — Cumulative Restructuring Costs

$1.5M0.0%

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 electronicsand safety — restructuring charges mean?: The costs incurred to reorganize or downsize the Electronics and Safety segment to improve efficiency.
How do you interpret electronicsand safety — restructuring charges?: High charges indicate significant operational transformation, which may lead to future margin improvements but signal current organizational friction.
How does electronicsand safety — restructuring charges compare across companies?: Standardized as 'Restructuring costs' or 'Transformation expenses' across all major industrial segments.