Quick answer: latest quarter results, by ticker or company name

Reported Q: Q2 2024 Rev YoY: +72.9% EPS YoY: +10.4% Move: -0.59%

Stellantis NV

STLA

$6.71 -0.59%

Exchange NYSE Sector Consumer Cyclical Industry Auto Manufacturers

Q2 2024

Published: Jul 26, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for STLA

Reported

Report Date

Jul 26, 2024

Quarter Q2 2024

Revenue

85.02B

YoY: +72.9%

EPS

1.91

YoY: +10.4%

Market Move

-0.59%

Previous quarter: Q4 2023

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

Revenue of $85.02B up 72.9% year-over-year
EPS of $1.91 increased by 10.4% from previous year
Gross margin of 17.9%
Net income of 5.62B
""We have done part of the job, but not all the job, in terms of stabilizing our share," - Carlos Tavares" - Carlos Tavares

STLA

Stellantis NV

Period Q2 2024

Currency EUR

Report Type Quarterly Earnings

Generated Mar 29, 2026

Swipe to view all report sections

Executive Summary

Stellantis NV reported its second quarter financial results for 2024 with total revenue of EUR 85.017 billion, marking a decrease of 14% compared to the previous year. The operating income stood at EUR 6.639 billion, reflecting a year-over-year decline of 3% and a significant 27.88% drop from Q1 2024. The company faced considerable headwinds including high R&D and CapEx expenditures, operational flaws, and ineffective marketing strategies, particularly in the North American market. However, the management is optimistic about a product blitz, rolling out 20 new models, which is expected to enhance competitive positioning and address current operational issues. Carlos Tavares, CEO, characterized the results as a 'disappointment' but emphasized the resilience of the team in resolving these issues and returning to profitability.

Key Performance Indicators

Revenue

Increasing

85.02B

QoQ: -6.76% | YoY: 72.85%

Gross Profit

Increasing

15.20B

17.90% margin

QoQ: -9.04% | YoY: 41.82%

Operating Income

Decreasing

6.64B

QoQ: -27.88% | YoY: -3.00%

Net Income

Increasing

5.62B

QoQ: -26.70% | YoY: 2.98%

EPS

Increasing

1.91

QoQ: -23.29% | YoY: 10.40%

Revenue Trend

Margin Analysis

Financial Highlights

### Financial Performance Metrics
- Revenue: EUR 85.017 billion, down 14% YoY
- Gross Profit: EUR 15.199 billion; Gross Margin: 17.9%
- Operating Income: EUR 6.639 billion; Operating Margin: 7.81%
- Net Income: EUR 5.624 billion; Net Margin: 6.62%
- EPS: EUR 1.91, down from EUR 2.49 in H1 2023
- Free Cash Flow: Negative EUR 0.4 billion, reflecting high investment in new product launches
- Debt to Equity Ratio: 0.395, indicating moderate leverage

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	85.02B	72.85%	-6.76%
Gross Profit	15.20B	41.82%	-9.04%
Operating Income	6.64B	-3.00%	-27.88%
Net Income	5.62B	2.98%	-26.70%
EPS	1.91	10.40%	-23.29%

Key Financial Ratios

Gross Profit Margin

Weak

17.90%

Gross profit margin is below industry norms, profitability concerns

Operating Profit Margin

Fair

7.81%

Operating margin is moderate, room for improvement in cost management

Net Profit Margin

Fair

6.62%

Net profit margin is moderate, room for improvement in cost management

Return on Assets

Weak

2.72%

Return on assets suggests inefficient capital allocation

Return on Equity

Fair

6.88%

Return on equity is acceptable but below top-tier companies

Current Ratio

Adequate

1.14

Current ratio meets minimum requirements but limited cushion

Debt to Equity

Moderate

0.40

Debt-to-equity indicates balanced capital structure with manageable debt

P/E Ratio

Value

2.43x

P/E ratio suggests potential undervaluation or stable earnings

Price to Book

Undervalued

0.67x

Trading below book value, potential value opportunity or distressed

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
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

Stellantis NV (STLA) Q2 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Historical Earnings Comparison

More STLA Quarterly Reports

STLA

STLA

STLA

STLA

Q2 2024 Reports in Consumer Cyclical Sector

Related Financial Data

Sector Analysis: Consumer Cyclical

STLA Full Profile

STLA Financial Statements

Earnings Calendar