Reported Q: Q2 2023 Rev YoY: +11.8% EPS YoY: +37.0% Move: -0.59%
Stellantis NV
STLA
$6.71 -0.59%
Exchange NYSE Sector Consumer Cyclical Industry Auto Manufacturers
Q2 2023
Published: Jul 27, 2023

Company Status Snapshot

Fast view of the latest quarter outcome for STLA

Reported

Report Date

Jul 27, 2023

Quarter Q2 2023

Revenue

98.37B

YoY: +11.8%

EPS

3.45

YoY: +37.0%

Market Move

-0.59%

Previous quarter: N/A

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Earnings Highlights

  • Revenue of $98.37B up 11.8% year-over-year
  • EPS of $3.45 increased by 37% from previous year
  • Gross margin of 21.8%
  • Net income of 10.92B
  • ""Our BEV sales went up by 24% year-over-year...This is showing that we are moving fast forward on the electrification journey."" - Carlos Tavares
STLA
Stellantis NV

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Executive Summary

In the second quarter of 2023, Stellantis NV reported exceptional financial results characterized by record net revenues of €98.4 billion, a notable increase of 12% year-over-year (YoY). Management attributes this robust performance to a combination of improved shipment volumes and net pricing strategies that effectively counterbalance industry-wide challenges. The company's net profit surged by 37% to €10.9 billion, reflecting strong operational efficiency and strategic execution, particularly within the framework of the Dare Forward 2030 growth plan. Stellantis aims to cement its position as a mobility tech leader and is laying solid groundwork in electrification, with a substantial 24% increase in battery electric vehicle (BEV) sales.

Key Performance Indicators

Revenue
Increasing
98.37B
QoQ: 100.00% | YoY: 11.78%
Gross Profit
Increasing
21.43B
21.80% margin
QoQ: 100.00% | YoY: 18.20%
Operating Income
Increasing
13.78B
QoQ: 101.30% | YoY: 23.82%
Net Income
Increasing
10.92B
QoQ: 100.00% | YoY: 37.22%
EPS
Increasing
3.48
QoQ: 101.16% | YoY: 37.01%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q4 2024 77,386.24 0.01 -21.3% View
Q2 2024 85,017.00 1.91 +72.9% View
Q4 2023 91,176.00 2.47 -0.5% View
Q3 2023 45,588.00 1.24 -0.5% View
Q2 2023 98,368.00 3.45 +11.8% View