Executive Summary
In Q4 2023, Stellantis NV reported a record revenue of €91.176 billion, reflecting a 6% year-over-year increase. This performance was driven by resilient demand patterns across multiple regions, underpinned by a successful transition toward electrification. The company achieved a net income of €7.673 billion, marking an 11% increase, while free cash flow reached an impressive €12.9 billion, up 19% year-over-year. Management underscored Stellantis’ position as an 'all-weather company,' prepared for future challenges with a strong product pipeline and strategic investments in electric vehicle (EV) technologies.
Key Performance Indicators
Revenue
91.18B
QoQ: 100.00% | YoY:-0.46%
Gross Profit
16.71B
18.30% margin
QoQ: 99.31% | YoY:-2.46%
Operating Income
9.21B
QoQ: 98.49% | YoY:-7.54%
Net Income
7.67B
QoQ: 100.00% | YoY:-13.19%
EPS
2.49
QoQ: 100.81% | YoY:-11.39%
Revenue Trend
Margin Analysis
Key Insights
- **Revenue:** €91.176 billion (YoY: +6%, QoQ: +100%)
- **Net Income:** €7.673 billion (YoY: +11%, QoQ: +100%)
- **Operating Income:** €9.206 billion (Operating Margin: 10.1%)
- **EBITDA:** €13.015 billion (EBITDA Margin: 14.2%)
- **Free Cash Flow:** €12.9 billion (YoY: +19%)