Latest Ratios: P/E Ratio 78.5x · EV/EBITDA 8.6x · ROE 1.8%. (2010–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $12.5B | $16.8B | $15.5B | $25.4B | $25.3B | $44.7B | $35.3B | $24.4B | $16.3B | $22.7B | $14.7B |
| Enterprise Value | $18.7B | $23.0B | $22.8B | $30.5B | $30.7B | $46.1B | $36.9B | $28.8B | $20.1B | $25.3B | $18.0B |
| P/E Ratio → | 78.47 | 101.45 | 8.69 | 8.64 | 47.52 | 85.03 | 19.56 | 24.67 | 15.32 | 16.76 | 11.73 |
| P/S Ratio | 0.61 | 0.82 | 0.79 | 1.27 | 1.44 | 2.86 | 2.70 | 1.70 | 1.13 | 1.76 | 0.88 |
| P/B Ratio | 1.37 | 1.77 | 1.71 | 2.14 | 2.78 | 5.23 | 4.35 | 6.09 | 4.45 | 6.46 | 5.33 |
| P/FCF | 8.15 | 10.99 | 9.61 | 25.64 | 60.27 | 73.22 | 42.54 | 29.00 | 20.88 | 29.53 | 13.24 |
| P/OCF | 5.70 | 7.69 | 6.35 | 13.39 | 20.00 | 36.61 | 24.96 | 15.05 | 10.03 | 15.49 | 7.59 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.13 | 1.16 | 1.52 | 1.75 | 2.95 | 2.83 | 2.01 | 1.39 | 1.96 | 1.08 |
| EV / EBITDA | 8.60 | 10.59 | 7.55 | 11.92 | 14.48 | 22.50 | 23.08 | 13.42 | 8.90 | 12.11 | 8.10 |
| EV / EBIT | 15.79 | 18.55 | 9.18 | 18.82 | 25.38 | 43.45 | 17.45 | 22.34 | 13.63 | 18.13 | 15.55 |
| EV / FCF | — | 15.07 | 14.13 | 30.84 | 73.23 | 75.39 | 44.57 | 34.19 | 25.71 | 32.84 | 16.14 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 19.1% | 19.1% | 17.9% | 15.4% | 14.3% | 15.0% | 13.9% | 17.5% | 17.8% | 19.4% | 20.8% |
| Operating Margin | 5.8% | 5.8% | 10.5% | 8.2% | 7.8% | 8.2% | 6.4% | 10.0% | 11.0% | 12.0% | 10.4% |
| Net Profit Margin | 0.8% | 0.8% | 9.1% | 14.7% | 3.4% | 3.8% | 13.8% | 6.9% | 7.4% | 10.5% | 7.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 1.8% | 1.8% | 17.1% | 28.1% | 6.7% | 7.1% | 29.8% | 25.8% | 29.7% | 43.2% | 45.7% |
| ROA | 0.7% | 0.7% | 7.5% | 12.7% | 3.0% | 3.3% | 11.6% | 7.6% | 8.7% | 11.1% | 10.4% |
| ROIC | 5.5% | 5.5% | 9.3% | 7.9% | 8.3% | 9.7% | 6.9% | 13.5% | 17.6% | 19.5% | 21.5% |
| ROCE | 6.5% | 6.5% | 10.9% | 9.0% | 8.8% | 9.3% | 7.3% | 15.7% | 18.2% | 18.5% | 21.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.85 | 0.85 | 0.98 | 0.57 | 0.77 | 0.52 | 0.56 | 1.19 | 1.18 | 1.18 | 1.43 |
| Debt / EBITDA | 3.72 | 3.72 | 2.94 | 2.65 | 3.29 | 2.18 | 2.81 | 2.23 | 1.92 | 1.99 | 1.79 |
| Net Debt / Equity | — | 0.66 | 0.81 | 0.43 | 0.60 | 0.15 | 0.21 | 1.09 | 1.03 | 0.73 | 1.17 |
| Net Debt / EBITDA | 2.87 | 2.87 | 2.42 | 2.01 | 2.56 | 0.65 | 1.05 | 2.04 | 1.67 | 1.22 | 1.45 |
| Debt / FCF | — | 4.08 | 4.53 | 5.20 | 12.96 | 2.17 | 2.03 | 5.19 | 4.83 | 3.32 | 2.90 |
| Interest Coverage | 3.44 | 3.44 | 7.38 | 5.69 | 5.52 | 7.07 | 12.91 | 7.87 | 10.46 | 9.96 | 7.45 |
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.74 | 1.74 | 1.53 | 1.72 | 1.60 | 2.01 | 1.85 | 1.31 | 1.29 | 1.59 | 1.31 |
| Quick Ratio | 1.23 | 1.23 | 1.07 | 1.22 | 1.12 | 1.53 | 1.52 | 0.99 | 0.95 | 1.29 | 1.10 |
| Cash Ratio | 0.37 | 0.37 | 0.31 | 0.34 | 0.31 | 0.75 | 0.70 | 0.10 | 0.15 | 0.45 | 0.20 |
| Asset Turnover | — | 0.87 | 0.84 | 0.82 | 0.80 | 0.87 | 0.75 | 1.07 | 1.16 | 1.06 | 1.36 |
| Inventory Turnover | 6.44 | 6.44 | 6.98 | 7.17 | 6.41 | 6.59 | 8.68 | 9.22 | 9.29 | 9.58 | 10.26 |
| Days Sales Outstanding | — | 68.57 | 67.06 | 70.45 | 76.64 | 70.86 | 84.25 | 71.92 | 70.50 | 78.90 | 50.52 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | 0.1% | 0.2% | 0.1% | 0.2% | 0.9% | 1.4% | 1.4% | 2.2% |
| Payout Ratio | — | — | — | — | — | — | 3.1% | 22.8% | 21.8% | 22.9% | 25.2% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.3% | 1.0% | 11.5% | 11.6% | 2.1% | 1.2% | 5.1% | 4.1% | 6.5% | 6.0% | 8.5% |
| FCF Yield | 12.3% | 9.1% | 10.4% | 3.9% | 1.7% | 1.4% | 2.4% | 3.4% | 4.8% | 3.4% | 7.6% |
| Buyback Yield | 3.2% | 2.4% | 26.4% | 1.6% | 0.1% | 0.1% | 0.2% | 1.7% | 3.1% | 1.7% | 4.3% |
| Total Shareholder Yield | 3.2% | 2.4% | 26.4% | 1.7% | 0.4% | 0.2% | 0.3% | 2.6% | 4.5% | 3.0% | 6.5% |
| Shares Outstanding | — | $221M | $257M | $283M | $271M | $271M | $271M | $257M | $265M | $268M | $274M |
Cyclical Margin Compression
According to recent market data, Aptiv trades at a TTM P/E of 80.43, yet a forward P/E of 9.76 suggests that investors are heavily discounting current earnings volatility in anticipation of a significant recovery in profitability as the company pivots toward software-defined vehicle architectures and centralized compute.
The massive disparity between trailing and forward multiples indicates that the market is currently looking past the recent earnings troughs caused by JV losses and R&D spending. Investors should monitor whether this forward-looking optimism is justified by actual margin expansion, as the current valuation appears to bake in a rapid transition to high-margin software revenue that has yet to materialize in the bottom line.
Based on reported figures, Aptiv's ROIC has struggled to maintain momentum, hovering at a meager 1.8% in 2026Q1, which significantly lags behind the returns generated by peers like Visteon, suggesting that the company's heavy investment in autonomous driving ventures is currently failing to generate adequate shareholder value.
The persistent low ROIC highlights a fundamental disconnect between the capital deployed into high-tech acquisitions and the actual cash returns realized from those investments. This trend warrants further investigation into whether the company's capital allocation strategy is prioritizing long-term technological positioning at the expense of immediate operational efficiency and capital discipline.
As reported in financial statements, Aptiv's cash conversion cycle has remained relatively stable but elevated, averaging around 58 days over the last ten quarters, which reflects the inherent complexities of managing a global supply chain for high-voltage electrical components amidst fluctuating OEM production schedules and inventory requirements.
The consistency in the CCC suggests that while the company is not necessarily losing control of its working capital, it is also not achieving the efficiency gains typically expected from a mature industrial manufacturer. Investors should monitor the DSO and DIO trends, as any sustained increase in these metrics could signal weakening leverage over customers or an accumulation of obsolete inventory.
According to recent SEC filings, Aptiv's debt-to-equity ratio has climbed to 1.04 as of 2026Q1, a notable increase from 0.57 in 2023Q4, indicating that the company is increasingly utilizing external leverage to bridge the gap between its ambitious R&D spending and its volatile operational cash flow generation.
While the interest coverage ratio remains manageable at 4.25, the upward trajectory of the debt-to-equity ratio suggests that the company's balance sheet is becoming less resilient to cyclical downturns in the automotive sector. This trend may limit management's ability to pursue further strategic acquisitions without risking a credit profile deterioration that could increase future financing costs.
Based on an analysis of the business model, the P/E ratio is the most commonly misapplied metric for Aptiv, as it fails to account for the significant non-cash equity losses from the Motional joint venture that artificially depress reported net income and distort the company's true earning power.
Investors should instead focus on EV/EBITDA or P/FCF to better capture the underlying cash-generating capability of the core Signal and Power Solutions segment. Relying on P/E in this context obscures the operational reality, as it treats strategic R&D investments and JV losses as recurring operational costs rather than discretionary capital allocation decisions.
Includes 30+ ratios · 16 years · Updated daily
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Quick answers to the most common questions about buying APTV stock.
Aptiv PLC's current P/E ratio is 78.5x. The historical average is 26.1x. This places it at the 87th percentile of its historical range.
Aptiv PLC's current EV/EBITDA is 8.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 10.9x.
Aptiv PLC's return on equity (ROE) is 1.8%. The historical average is 27.9%.
Based on historical data, Aptiv PLC is trading at a P/E of 78.5x. This is at the 87th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Aptiv PLC has 19.1% gross margin and 5.8% operating margin.
Aptiv PLC's Debt/EBITDA ratio is 3.7x, indicating high leverage. A ratio between 2-4x is manageable but warrants monitoring.