Auto parts

17 companies · $184B combined revenue · $8.3B operating profit

The typical US-listed auto parts company grew revenue 3.1% and earnings -13% in its latest year, at a 7.3% operating margin, and 6 of 15 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.

3.1%Median revenue growth
-13%Median earnings growth
3.5%Median revenue growth, 3 yrs
-0.9%Median earnings growth, 3 yrs
7.3%Median operating margin
10.1%Median ROCE

Growth engines: the 4 Cylinders

All four working: 0% of companies

A company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.

  • Sales growth · Revenue up 10% or more6%
  • Operating leverage · Operating income growing faster than a growing revenue21%
  • Margin expansion · Operating margin up 1 point or more13%
  • Debt reduction · Debt down 5% or more, or net cash31%

Combined revenue · 17 companies reporting in US dollars

Revenue
$0$50B$100B$150B$200BFY21FY22FY23FY24FY25

Combined operating margin

Operating margin
0%2.5%5%7.5%10%FY21FY22FY23FY24FY25

All 17 companies

Median–3.1%-13%7.3%10.1%0.72x
GPCGenuine Parts$24.3B3.5%▲-92.7%▼0.9%▼2%▼0.87x▼
MGAMagna International$42.0B-1.9%▼-17.8%▼––0.38x▲
BWABorgwarner$14.3B1.6%▼-18%▼3.7%▼5.1%▼0.72x
ALSNAllison Transmission$3.0B-6.7%▼-14.8%▼29.2%▲15.7%▲1.55x▼
APTVAptiv$20.4B3.5%▲-90.8%▼5.8%▼6.4%▼0.81x▼
MODModine Manufacturing$3.2B23.1%▲-34%▼10.8%▲17.6%▲0.33x▲
ALVAutoliv$10.8B4.1%▲13.8%▲10.1%▲23%▲0.84x▼
LEALEAR$23.3B-0.2%▼-13.8%▼3.3%▼8.5%▼0.54x▲
LKQLKQ$13.7B-1.2%▼-12.3%▲7.3%▼8.3%▼0.57x▲
GTXGarrett Motion$3.6B3.1%9.9%▲14%▲49.8%▲–
GNTXGentex$2.5B9.6%▲-4.9%▲18.7%▲18.7%▲–
DORMDorman Products$2.1B6%▲7.5%▲14.1%▲15%▲0.30x▲
ATMUAtmus Filtration Technologies$1.8B5.7%▲11.7%▲16.9%▲30.4%▲1.51x▼
DANDANA$7.5B-3%▼–1.9%▼3.1%▼3.79x▼
VCVisteon$3.8B-2.5%▼-32.1%▼––0.19x▲
PHINPhinia$3.5B2.4%▼64.6%▲7.3%8.9%▼0.61x▲
PATKPatrick Industries$4.0B6.3%▲-2.4%▲7%▼10.1%1.09x▼

▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).