OverviewSuggest Edit

Adient is a company that designs, manufactures and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks. The company operates through two segments - seating and interiors. The seating segment produces automotive seat metal structures and mechanisms, foams, trims, fabrics and seat systems. The interiors segment offers instrument panels, floor consoles, door panels, overhead consoles, cockpit systems, decorative trims and other products.

TypePublic
Founded2016
HQPlymouth, US
Websiteadient.com
Employee Ratings3.5

Latest Updates

Employees (est.) (Sept 2018)15,000(-11%)
Job Openings477
Revenue (FY, 2019)$16.5 B(-5%)
Share Price (Dec 2019)$23 (+9%)

Key People/Management at Adient

Doug Del Grosso

Doug Del Grosso

President, CEO
Cathleen Ebacher

Cathleen Ebacher

Vice President, General Counsel and Secretary
Jeff Stafeil

Jeff Stafeil

Executive Vice President and Chief Financial Officer
Paul Van Hoof

Paul Van Hoof

Vice President of Corporate Development
Kelli Carney

Kelli Carney

VP, Chief Purchasing Officer
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Adient Office Locations

Adient has offices in Plymouth, Athens, Battle Creek, Clanton and in 138 other locations
Plymouth, US (HQ)
49200 Halyard Dr
Athens, US
1210 E Madison Ave
Battle Creek, US
76 Armstrong Rd
Clanton, US
2541 7th St S
Columbia, US
2206 Oakland Pkwy
El Paso, US
12050 Rojas Dr
Show all (172)

Adient Financials and Metrics

Adient Revenue

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Adient's revenue was reported to be $16.53 b in FY, 2019
USD

Revenue (FY, 2019)

16.5b

Gross profit (FY, 2019)

801.0m

Gross profit margin (FY, 2019), %

4.8%

Net income (FY, 2019)

(491.0m)

EBIT (FY, 2019)

229.0m

Market capitalization (6-Dec-2019)

2.2b

Closing stock price (6-Dec-2019)

23.0

Cash (30-Sept-2019)

924.0m

EV

4.9b
Adient's current market capitalization is $2.2 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

16.8b16.2b17.4b16.5b

Revenue growth, %

(3%)

Cost of goods sold

15.2b14.8b16.5b15.7b

Gross profit

1.6b1.4b911.0m801.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

4.0b4.2b4.0b8.8b13.3b4.2b4.2b4.2b

Cost of goods sold

3.7b3.8b3.6b8.3b12.6b4.0b4.0b4.0b

Gross profit

350.0m379.0m371.0m486.0m732.0m180.0m197.0m211.0m

Gross profit Margin, %

9%9%9%6%6%4%5%5%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

709.0m687.0m924.0m

Accounts Receivable

2.2b2.1b1.9b

Prepaid Expenses

707.0m494.0m

Inventories

735.0m824.0m793.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

709.0m729.0m669.0m353.0m378.0m406.0m491.0m1.0b

Accounts Receivable

1.8b2.2b2.0b2.6b2.2b1.8b2.0b1.9b

Prepaid Expenses

823.0m869.0m833.0m657.0m631.0m592.0m

Inventories

635.0m645.0m654.0m762.0m781.0m774.0m839.0m828.0m783.0m
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

877.0m(1.7b)(491.0m)

Depreciation and Amortization

358.0m447.0m318.0m

Inventories

(106.0m)8.0m

Accounts Payable

143.0m(191.0m)
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

149.0m341.0m545.0m(339.0m)(266.0m)(17.0m)(166.0m)(487.0m)

Depreciation and Amortization

88.0m173.0m261.0m96.0m221.0m336.0m75.0m157.0m236.0m

Inventories

1.0m4.0m15.0m(26.0m)(54.0m)(19.0m)(12.0m)39.0m

Accounts Payable

(323.0m)(51.0m)(349.0m)(296.0m)13.0m(46.0m)(451.0m)(51.0m)(185.0m)
USDY, 2019

EV/EBIT

21.6 x

EV/CFO

16.1 x

Debt/Equity

1.7 x

Debt/Assets

0.4 x

Financial Leverage

4.7 x
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Adient Online and Social Media Presence

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Adient News and Updates

Thornton Law Firm Appointed Co-Lead Counsel in Securities Class Action Alleging Misconduct Against Adient plc

BOSTON, May 15, 2019 /PRNewswire/ -- Thornton Law Firm has been appointed co-Lead Counsel in a federal securities class action pending against the seat manufacturing company Adient plc, its former CEO, and its CFO. The case is In re Adient plc Securities Litigation., No. 18-cv-9116. The...

Adient reports second quarter 2019 financial results

PLYMOUTH, Mich., May 7, 2019 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced second quarter earnings. Q2 GAAP net loss and EPS diluted of $(149) million and $(1.59), respectively; Q2 Adjusted-EPS diluted of $0.31 Q2 Adjusted-EBIT and...

Adient to discuss Q2 fiscal 2019 financial results on May 7, 2019

PLYMOUTH, Mich., April 15, 2019 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, will host a call for financial analysts on May 7, 2019 at 8:30 a.m. (ET) to discuss its second quarter fiscal 2019 financial results. The call will be hosted by Adient's president...

Adient announces preliminary Q2 fiscal 2019 results; realigns reportable segments

PLYMOUTH, Mich., April 15, 2019 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today reported certain preliminary financial results for the quarter ended March 31, 2019. Revenue in Q2FY19 is expected to be approximately $4.2B versus $4.6B in Q2FY18. Q2FY19...

Adient announces intention to offer $750 million of senior secured notes

PLYMOUTH, Mich., April 15, 2019 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, today announced that its wholly-owned subsidiary, Adient US LLC, intends, subject to market and other customary conditions, to offer $750 million in aggregate principal amount of...

Adient announces José Gutiérrez to join automotive seat supplier's Board of Directors

PLYMOUTH, Mich., March 22, 2019 /PRNewswire/ -- Adient plc (NYSE: ADNT), a global leader in automotive seating, today announced the appointment of José Gutiérrez to Adient's Board of Directors, effective March 21, 2019. "Our top priority is improving Adient's operational and financial...
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Adient Frequently Asked Questions

  • When was Adient founded?

    Adient was founded in 2016.

  • Who are Adient key executives?

    Adient's key executives are Doug Del Grosso, Cathleen Ebacher and Jeff Stafeil.

  • How many employees does Adient have?

    Adient has 15,000 employees.

  • What is Adient revenue?

    Latest Adient annual revenue is $16.5 b.

  • What is Adient revenue per employee?

    Latest Adient revenue per employee is $1.1 m.

  • Who are Adient competitors?

    Competitors of Adient include Magna International, Lear Corporation and Faurecia.

  • Where is Adient headquarters?

    Adient headquarters is located at 49200 Halyard Dr, Plymouth.

  • Where are Adient offices?

    Adient has offices in Plymouth, Athens, Battle Creek, Clanton and in 138 other locations.

  • How many offices does Adient have?

    Adient has 172 offices.