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Aptiv APTV Gross margin

Gross margin at other companies

International Business Machines logo
International Business MachinesIBM
58.4%+1.3pp
Amphenol logo
AmphenolAPH
37.3%+3.4pp
TE Connectivity logo
TE ConnectivityTEL
36.1%+1.2pp
Nutanix, Inc. logo
Nutanix, Inc.NTNX
87.1%+0.7pp
Crane Co. logo
Crane Co.CR
41.6%+0.3pp
Eaton Corporation logo
Eaton CorporationETN
36.9%-1.6pp

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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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

Calculated from Aptiv’s reported figures.

Based on trailing twelve months.

The official record: Aptiv’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Aptiv's gross margin?
Aptiv (APTV) reported gross margin of 18.9% in Q1 2026.
How has Aptiv's gross margin changed year-over-year?
Aptiv's gross margin decreased by 1.3% year-over-year, from 19.1% to 18.9%.
What is the long-term trend for Aptiv's gross margin?
Over 5 years (2020 to 2025), Aptiv's gross margin has grown at a 5.2% compound annual growth rate (CAGR), from 14.8% to 19.1%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.