ADNT
ADNT
Adient plcIncome Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $3.64B ▼ | $130M ▲ | $-22M ▼ | -0.6% ▼ | $-0.28 ▼ | $169M ▼ |
| Q4-2025 | $3.69B ▼ | $124M ▼ | $18M ▼ | 0.49% ▼ | $0.22 ▼ | $201M |
| Q3-2025 | $3.74B ▲ | $129M ▼ | $36M ▲ | 0.96% ▲ | $0.43 ▲ | $201M ▲ |
| Q2-2025 | $3.61B ▲ | $144M ▲ | $-335M ▼ | -9.28% ▼ | $-3.99 ▼ | $-138M ▼ |
| Q1-2025 | $3.5B | $125M | $0 | 0% | $0.3 | $174M |
What's going well?
Revenue is stable and interest costs are coming down. The company is still generating operating profit, and share count is shrinking, which can help future earnings per share.
What's concerning?
Margins are getting squeezed, costs are rising faster than sales, and the company swung to a loss. High taxes and negative 'other' income are also hurting the bottom line.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $855M ▼ | $8.77B ▼ | $6.68B ▼ | $1.74B ▼ |
| Q4-2025 | $958M ▲ | $8.95B ▲ | $6.8B ▲ | $1.77B ▼ |
| Q3-2025 | $860M ▲ | $8.84B ▲ | $6.68B ▲ | $1.78B ▲ |
| Q2-2025 | $754M ▼ | $8.59B ▲ | $6.57B ▲ | $1.65B ▼ |
| Q1-2025 | $860M | $8.53B | $6.31B | $1.88B |
What's financially strong about this company?
ADNT has enough current assets to cover its near-term bills and most of its debt is long-term, giving it time to manage repayments. The company owns significant physical assets and has positive shareholder equity.
What are the financial risks or weaknesses?
Cash is declining and liquidity is getting tighter, with only a small cushion above current liabilities. Retained earnings are negative, showing a history of losses, and goodwill is high, which could be risky if business weakens.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $-22M ▼ | $80M ▼ | $-68M ▼ | $-114M ▼ | $-103M ▼ | $15M ▼ |
| Q4-2025 | $18M ▼ | $213M ▲ | $-59M ▼ | $-55M ▲ | $98M ▼ | $134M ▲ |
| Q3-2025 | $36M ▲ | $172M ▲ | $-49M ▼ | $-63M ▼ | $106M ▲ | $115M ▲ |
| Q2-2025 | $-335M ▼ | $-44M ▼ | $-44M ▼ | $-48M ▲ | $-106M ▼ | $-89M ▼ |
| Q1-2025 | $25M | $109M | $-34M | $-102M | $-85M | $45M |
What's strong about this company's cash flow?
ADNT is still generating positive cash from operations, has a strong cash balance, and is not dependent on debt or outside funding. Receivables collection improved dramatically this quarter.
What are the cash flow concerns?
Operating and free cash flow both fell sharply, and the company paid out more to shareholders than it generated in free cash flow. The cash balance is shrinking, and this pace of payouts is not sustainable.
Revenue by Products
| Product | Q2-2018 | Q3-2018 | Q4-2018 | Q1-2019 |
|---|---|---|---|---|
Seating Seat Structures and Mechanisms | $800.00M ▲ | $780.00M ▼ | $700.00M ▼ | $420.00M ▼ |
Seating Segment | $4.13Bn ▲ | $4.03Bn ▼ | $3.75Bn ▼ | $3.74Bn ▼ |
Revenue by Geography
| Region | Q2-2025 | Q3-2025 | Q4-2025 | Q1-2026 |
|---|---|---|---|---|
CHINA | $290.00M ▲ | $310.00M ▲ | $360.00M ▲ | $420.00M ▲ |
CZECHIA | $180.00M ▲ | $180.00M ▲ | $160.00M ▼ | $170.00M ▲ |
GERMANY | $240.00M ▲ | $240.00M ▲ | $210.00M ▼ | $230.00M ▲ |
JAPAN | $110.00M ▲ | $100.00M ▼ | $100.00M ▲ | $110.00M ▲ |
KOREA REPUBLIC OF | $130.00M ▲ | $130.00M ▲ | $130.00M ▲ | $110.00M ▼ |
MEXICO | $610.00M ▲ | $660.00M ▲ | $670.00M ▲ | $630.00M ▼ |
Other Asia Excluding China | $70.00M ▲ | $70.00M ▲ | $0 ▼ | $80.00M ▲ |
Other EMEA Excluding Germany | $580.00M ▲ | $590.00M ▲ | $0 ▼ | $410.00M ▲ |
Other Non US | $70.00M ▲ | $70.00M ▲ | $90.00M ▲ | $80.00M ▼ |
POLAND | $210.00M ▲ | $230.00M ▲ | $200.00M ▼ | $210.00M ▲ |
SPAIN | $180.00M ▲ | $190.00M ▲ | $170.00M ▼ | $200.00M ▲ |
SWEDEN | $140.00M ▲ | $150.00M ▲ | $120.00M ▼ | $160.00M ▲ |
THAILAND | $130.00M ▲ | $130.00M ▲ | $140.00M ▲ | $120.00M ▼ |
UNITED STATES | $1.56Bn ▲ | $1.56Bn ▲ | $1.57Bn ▲ | $1.47Bn ▼ |
Q1 2026 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Adient plc's financial evolution and strategic trajectory over the past five years.
Adient benefits from a solid global market position in automotive seating, deep relationships with major automakers, and a broad, vertically integrated manufacturing base. The company has meaningfully reduced its debt load over several years, strengthened equity, and consistently generated positive operating cash flow. Its innovation efforts align with key industry themes like lightweighting, sustainability, and vehicle electrification, which helps maintain relevance with OEM customers.
The main concerns center on profitability volatility, thin and inconsistent margins, and recent swings back into net losses despite stable revenue. Liquidity is adequate but not abundant, making working capital management important in a cyclical industry. Free cash flow is uneven, and continued share buybacks during weaker profit periods may constrain future flexibility. Competitive pressures from other large seating suppliers and the bargaining power of automakers add further strain, while ongoing technology shifts require continuous investment just to keep pace.
Looking forward, Adient’s prospects appear closely tied to its ability to convert its operational footprint and innovation agenda into steadier, more resilient profitability. The improved balance sheet gives it more room to navigate industry cycles than in the past, but the business still operates on a tight margin of error. If the company can sustain positive cash generation, keep leverage in check, and secure attractive seating programs in EVs and next-generation vehicles, it could gradually strengthen its financial profile. However, the combination of cyclical demand, pricing pressure, and the need for ongoing investment means outcomes remain uncertain and execution will be critical.
About Adient plc
https://www.adient.comAdient plc designs, develops, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks. The company's seating solutions include frames, mechanisms, foams, head restraints, armrests, and trim covers.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q1-2026 | $3.64B ▼ | $130M ▲ | $-22M ▼ | -0.6% ▼ | $-0.28 ▼ | $169M ▼ |
| Q4-2025 | $3.69B ▼ | $124M ▼ | $18M ▼ | 0.49% ▼ | $0.22 ▼ | $201M |
| Q3-2025 | $3.74B ▲ | $129M ▼ | $36M ▲ | 0.96% ▲ | $0.43 ▲ | $201M ▲ |
| Q2-2025 | $3.61B ▲ | $144M ▲ | $-335M ▼ | -9.28% ▼ | $-3.99 ▼ | $-138M ▼ |
| Q1-2025 | $3.5B | $125M | $0 | 0% | $0.3 | $174M |
What's going well?
Revenue is stable and interest costs are coming down. The company is still generating operating profit, and share count is shrinking, which can help future earnings per share.
What's concerning?
Margins are getting squeezed, costs are rising faster than sales, and the company swung to a loss. High taxes and negative 'other' income are also hurting the bottom line.
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q1-2026 | $855M ▼ | $8.77B ▼ | $6.68B ▼ | $1.74B ▼ |
| Q4-2025 | $958M ▲ | $8.95B ▲ | $6.8B ▲ | $1.77B ▼ |
| Q3-2025 | $860M ▲ | $8.84B ▲ | $6.68B ▲ | $1.78B ▲ |
| Q2-2025 | $754M ▼ | $8.59B ▲ | $6.57B ▲ | $1.65B ▼ |
| Q1-2025 | $860M | $8.53B | $6.31B | $1.88B |
What's financially strong about this company?
ADNT has enough current assets to cover its near-term bills and most of its debt is long-term, giving it time to manage repayments. The company owns significant physical assets and has positive shareholder equity.
What are the financial risks or weaknesses?
Cash is declining and liquidity is getting tighter, with only a small cushion above current liabilities. Retained earnings are negative, showing a history of losses, and goodwill is high, which could be risky if business weakens.
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q1-2026 | $-22M ▼ | $80M ▼ | $-68M ▼ | $-114M ▼ | $-103M ▼ | $15M ▼ |
| Q4-2025 | $18M ▼ | $213M ▲ | $-59M ▼ | $-55M ▲ | $98M ▼ | $134M ▲ |
| Q3-2025 | $36M ▲ | $172M ▲ | $-49M ▼ | $-63M ▼ | $106M ▲ | $115M ▲ |
| Q2-2025 | $-335M ▼ | $-44M ▼ | $-44M ▼ | $-48M ▲ | $-106M ▼ | $-89M ▼ |
| Q1-2025 | $25M | $109M | $-34M | $-102M | $-85M | $45M |
What's strong about this company's cash flow?
ADNT is still generating positive cash from operations, has a strong cash balance, and is not dependent on debt or outside funding. Receivables collection improved dramatically this quarter.
What are the cash flow concerns?
Operating and free cash flow both fell sharply, and the company paid out more to shareholders than it generated in free cash flow. The cash balance is shrinking, and this pace of payouts is not sustainable.
Revenue by Products
| Product | Q2-2018 | Q3-2018 | Q4-2018 | Q1-2019 |
|---|---|---|---|---|
Seating Seat Structures and Mechanisms | $800.00M ▲ | $780.00M ▼ | $700.00M ▼ | $420.00M ▼ |
Seating Segment | $4.13Bn ▲ | $4.03Bn ▼ | $3.75Bn ▼ | $3.74Bn ▼ |
Revenue by Geography
| Region | Q2-2025 | Q3-2025 | Q4-2025 | Q1-2026 |
|---|---|---|---|---|
CHINA | $290.00M ▲ | $310.00M ▲ | $360.00M ▲ | $420.00M ▲ |
CZECHIA | $180.00M ▲ | $180.00M ▲ | $160.00M ▼ | $170.00M ▲ |
GERMANY | $240.00M ▲ | $240.00M ▲ | $210.00M ▼ | $230.00M ▲ |
JAPAN | $110.00M ▲ | $100.00M ▼ | $100.00M ▲ | $110.00M ▲ |
KOREA REPUBLIC OF | $130.00M ▲ | $130.00M ▲ | $130.00M ▲ | $110.00M ▼ |
MEXICO | $610.00M ▲ | $660.00M ▲ | $670.00M ▲ | $630.00M ▼ |
Other Asia Excluding China | $70.00M ▲ | $70.00M ▲ | $0 ▼ | $80.00M ▲ |
Other EMEA Excluding Germany | $580.00M ▲ | $590.00M ▲ | $0 ▼ | $410.00M ▲ |
Other Non US | $70.00M ▲ | $70.00M ▲ | $90.00M ▲ | $80.00M ▼ |
POLAND | $210.00M ▲ | $230.00M ▲ | $200.00M ▼ | $210.00M ▲ |
SPAIN | $180.00M ▲ | $190.00M ▲ | $170.00M ▼ | $200.00M ▲ |
SWEDEN | $140.00M ▲ | $150.00M ▲ | $120.00M ▼ | $160.00M ▲ |
THAILAND | $130.00M ▲ | $130.00M ▲ | $140.00M ▲ | $120.00M ▼ |
UNITED STATES | $1.56Bn ▲ | $1.56Bn ▲ | $1.57Bn ▲ | $1.47Bn ▼ |
Q1 2026 Earnings Call Summary
Read Call Summary5-Year Trend Analysis
A comprehensive look at Adient plc's financial evolution and strategic trajectory over the past five years.
Adient benefits from a solid global market position in automotive seating, deep relationships with major automakers, and a broad, vertically integrated manufacturing base. The company has meaningfully reduced its debt load over several years, strengthened equity, and consistently generated positive operating cash flow. Its innovation efforts align with key industry themes like lightweighting, sustainability, and vehicle electrification, which helps maintain relevance with OEM customers.
The main concerns center on profitability volatility, thin and inconsistent margins, and recent swings back into net losses despite stable revenue. Liquidity is adequate but not abundant, making working capital management important in a cyclical industry. Free cash flow is uneven, and continued share buybacks during weaker profit periods may constrain future flexibility. Competitive pressures from other large seating suppliers and the bargaining power of automakers add further strain, while ongoing technology shifts require continuous investment just to keep pace.
Looking forward, Adient’s prospects appear closely tied to its ability to convert its operational footprint and innovation agenda into steadier, more resilient profitability. The improved balance sheet gives it more room to navigate industry cycles than in the past, but the business still operates on a tight margin of error. If the company can sustain positive cash generation, keep leverage in check, and secure attractive seating programs in EVs and next-generation vehicles, it could gradually strengthen its financial profile. However, the combination of cyclical demand, pricing pressure, and the need for ongoing investment means outcomes remain uncertain and execution will be critical.

CEO
Jerome J. Dorlack
Compensation Summary
(Year 2025)
Upcoming Earnings
ETFs Holding This Stock
Summary
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Ratings Snapshot
Rating : C+
Most Recent Analyst Grades
Citigroup
Neutral
Barclays
Equal Weight
JP Morgan
Neutral
UBS
Buy
Morgan Stanley
Equal Weight
Stifel
Buy
Grade Summary
Showing Top 6 of 8
Price Target
Institutional Ownership
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