Stellantis NV
STLA
$10.25 4.38%
Exchange: NYSE | Sector: Consumer Cyclical | Industry: Auto Manufacturers
Q4 2023
Published: Feb 22, 2024

Earnings Highlights

  • Revenue of $91.18B down 0.5% year-over-year
  • EPS of $2.47 decreased by 11.4% from previous year
  • Gross margin of 18.3%
  • Net income of 7.67B
  • "'We are ready for 2024... Demonstrating that we are getting prepared to deliver the most difficult part of our mission.' – Carlos Tavares, CEO" - Carlos Tavares

Stellantis NV (STLA) Q4 2023 Financial Results: Record Revenues and Profitability Amidst Market Challenges

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%)

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