Adient (ADNT) financial statements
Adient reported revenue of $14.5B in fiscal 2025, down 1.6% a year over 9 years.
Net income was -$281M.
Free cash flow was $204M, and the company returned $125M in net buybacks.
The diluted share count fell 11% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Adient's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $16.8B | $16.2B | $17.4B | $16.5B | $12.7B | $13.7B | $14.1B | $15.4B | $14.7B | $14.5B |
| Cost of revenue | $15.2B | $14.8B | $16.5B | $15.7B | $12.1B | $12.9B | $13.3B | $14.4B | $13.8B | $13.6B |
| Gross profit | $1.6B | $1.4B | $904M | $801M | $592M | $826M | $807M | $1.0B | $928M | $961M |
| Research and development | $460M | $488M | $513M | $454M | $370M | $316M | $322M | $362M | $372M | $387M |
| Selling, general and admin | $1.2B | $729M | $730M | $671M | $558M | $537M | $598M | $554M | $507M | $522M |
| Interest expense | $5M | $129M | $143M | $137M | $203M | $229M | $192M | $132M | $187M | $183M |
| Pre-tax income | $377M | $1.1B | -$1.1B | $2M | -$429M | $1.4B | $54M | $295M | $133M | -$88M |
| Income tax | $1.8B | $99M | $480M | $410M | $57M | $249M | $94M | $0 | $32M | $103M |
| Net income | -$1.5B | $877M | -$1.7B | -$491M | -$547M | $1.1B | -$120M | $205M | $18M | -$281M |
| EPS (diluted) | -$16.50 | $9.34 | -$18.06 | -$5.25 | -$5.83 | $11.58 | -$1.27 | $2.15 | $0.20 | -$3.39 |
| Diluted shares | 94M | 94M | 93M | 94M | 94M | 96M | 95M | 95M | 90M | 83M |
| Gross margin | 9.6% | 8.6% | 5.2% | 4.8% | 4.7% | 6.0% | 5.7% | 6.7% | 6.3% | 6.6% |
| Net margin | -9.2% | 5.4% | -9.7% | -3.0% | -4.3% | 8.1% | -0.8% | 1.3% | 0.1% | -1.9% |
Balance sheet
Fiscal years, from Adient's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $105M | $709M | $687M | $924M | $1.7B | $1.5B | $947M | $1.1B | $945M | $958M |
| Inventory | $660M | $735M | $824M | $793M | $685M | $976M | $953M | $841M | $758M | $695M |
| Total current assets | $5.7B | $4.5B | $4.3B | $4.1B | $4.5B | $5.1B | $4.2B | $4.3B | $4.1B | $4.1B |
| Property, plant and equipment | $2.2B | $2.5B | $1.7B | $1.7B | $1.6B | $1.6B | $1.4B | $1.4B | $1.4B | $1.4B |
| Goodwill | $2.2B | $2.5B | $2.2B | $2.1B | $2.1B | $2.2B | $2.1B | $2.1B | $2.2B | $1.8B |
| Total assets | $13.0B | $13.2B | $10.9B | $10.3B | $10.3B | $10.8B | $9.2B | $9.4B | $9.4B | $9.0B |
| Total current liabilities | $4.3B | $4.3B | $4.2B | $3.8B | $3.8B | $3.5B | $3.5B | $3.7B | $3.7B | $3.7B |
| Long-term debt | $3.4B | $3.4B | $3.4B | $3.7B | $4.1B | $3.5B | $2.6B | $2.4B | $2.4B | $2.4B |
| Total liabilities | $8.6B | $8.6B | $8.2B | $8.2B | $8.7B | $8.1B | $6.8B | $6.9B | $6.9B | $6.9B |
| Shareholders' equity | $4.2B | $4.3B | $2.4B | $1.8B | $1.2B | $2.4B | $2.1B | $2.2B | $2.1B | $1.8B |
| Net debt | $3.3B | $2.7B | $2.7B | $2.8B | $2.4B | $2.0B | $1.6B | $1.3B | $1.5B | $1.4B |
Cash flow
Fiscal years, from Adient's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$1.0B | $746M | $679M | $308M | $246M | $260M | $274M | $667M | $543M | $449M |
| Capital spending | $437M | $577M | $536M | $468M | $326M | $260M | $227M | $252M | $266M | $245M |
| Free cash flow | -$1.5B | $169M | $143M | -$160M | -$80M | $0 | $47M | $415M | $277M | $204M |
| Stock-based compensation | $28M | $45M | $47M | $20M | $15M | $36M | $29M | $34M | $31M | $32M |
| Dividends paid | $0 | $52M | $103M | $26M | $0 | $0 | — | — | — | — |
| Share buybacks (net) | $0 | -$40M | $0 | $0 | — | $0 | $0 | -$65M | -$275M | -$125M |
| Net borrowing | $1.5B | -$126M | -$33M | $413M | $476M | -$686M | -$1.0B | -$1.1B | -$138M | -$802M |
| Free cash flow margin | -8.8% | 1.0% | 0.8% | -1.0% | -0.6% | 0.0% | 0.3% | 2.7% | 1.9% | 1.4% |
| Dividends per share | — | $0.55 | $1.10 | $0.28 | — | — | — | — | — | — |
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Open ADNT in InvestinglyQuestions
What was Adient's revenue in 2025?
$14.5B in fiscal 2025, from its 10-K filing.
How much free cash flow does Adient generate?
$204M in fiscal 2025 (operating cash flow minus capital spending).
From Adient's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.