Aptiv PLC (APTV) intrinsic value & 10-year financials
Aptiv PLC (APTV) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 5.8% a year to $20.4B, with an average return on invested capital of 15.6%.
- Graham intrinsic value
- —
- Share price (Oct 17, 2026)
- $44.86
- Market cap
- $9.9B
- Revenue (FY2025)
- $20.4B
- Revenue growth (10-yr CAGR)
- 5.8%
- ROIC (10-yr avg)
- 15.6%
- Free cash flow (FY2025)
- $1.5B
APTV 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $20.4B | $165.0M | $0.75 | $1.5B | 5.8% | 4.0% |
| FY2024 | $19.7B | $1.8B | $6.96 | $1.6B | 9.3% | 10.5% |
| FY2023 | $20.1B | $2.9B | $10.39 | $990.0M | 7.8% | 10.4% |
| FY2022 | $17.5B | $594.0M | $1.96 | $419.0M | 7.2% | 9.1% |
| FY2021 | $15.6B | $590.0M | $1.94 | $611.0M | 7.6% | 11.1% |
| FY2020 | $13.1B | $1.8B | $6.66 | $829.0M | 16.2% | 25.0% |
| FY2019 | $14.4B | $990.0M | $3.85 | $843.0M | 8.9% | 15.7% |
| FY2018 | $14.4B | $1.1B | $4.02 | $782.0M | 10.2% | 18.7% |
| FY2017 | $12.9B | $1.4B | $5.06 | $770.0M | 11.0% | 21.4% |
| FY2016 | $12.3B | $1.3B | $4.59 | $1.1B | 15.9% | 29.6% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Aptiv has demonstrated mature, steady growth, with revenue compounding at 5.8% annually over the past decade.
Aptiv has earned high returns on invested capital, averaging 15.6% ROIC over the available history. High ROIC is consistent with a durable franchise, but it is not by itself proof of an economic moat.
Over the decade, Aptiv shows that management has aggressively returned capital to shareholders by retiring 19.3% of outstanding shares, and that the company has leveraged its balance sheet to sustain operations.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Aptiv is modeled at -18.2% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $-18.09 per share.