STLA FY 2023 Earnings Report — Stellantis N.V. Revenue & Financial Results | Market Cap Arena

Stellantis N.V.STLA

FY 2023 Earnings

Reported February 22, 2024

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2023	Prior Q	FY 2022	QoQ Change	YoY Change
Revenue	$221.6B	—	$210.0B	—	5.5%
Op. Income	$26.2B	—	$23.7B	—	10.4%
Gross Margin	20.1%	—	19.6%	—	0.5pp
Net Margin	9.8%	—	9.4%	—	0.5pp
EPS (Diluted)	$6.94	—	$6.21	—	11.9%
Free Cash Flow	$14.4B	—	$12.8B	—	12.3%

Revenue Flow

Item	Amount
REVENUE	$221.6B
Cost of Revenue	$177.0B
GROSS PROFIT	$44.6B
R&D Expenses	$6.6B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$11.2B
Other Expenses	$711M
Operating Expenses	$18.4B
Cost & Expenses	$195.4B
OPERATING INCOME	$26.2B
Interest Income	$3.1B
Interest Expense	$1.6B
Other Income/Expenses	$49M
INCOME BEFORE TAX	$26.2B
Income Tax Expense	$4.4B
Net Income from Continuing Ops	$21.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$21.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$21.7B
D&A	$8.8B
EBIT	$27.8B
EBITDA	$36.6B
EPS	$7
EPS Diluted	$7

Income Statement

Item	Amount
REVENUE	$221.6B
Cost of Revenue	$177.0B
GROSS PROFIT	$44.6B
R&D Expenses	$6.6B
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$11.2B
Other Expenses	$711M
Operating Expenses	$18.4B
Cost & Expenses	$195.4B
OPERATING INCOME	$26.2B
Interest Income	$3.1B
Interest Expense	$1.6B
Other Income/Expenses	$49M
INCOME BEFORE TAX	$26.2B
Income Tax Expense	$4.4B
Net Income from Continuing Ops	$21.8B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$21.7B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$21.7B
D&A	$8.8B
EBIT	$27.8B
EBITDA	$36.6B
EPS	$7
EPS Diluted	$7

Cash Flow Statement

Item	Amount
Net Income	$21.8B
Depreciation & Amortization	$8.8B
Stock-Based Compensation	$0
Deferred Income Tax	$820M
Other Non-Cash Items	$431M
Change in Working Capital	-$5.6B
OPERATING CASH FLOW	$26.3B
Capital Expenditure	-$11.9B
Acquisitions (Net)	-$2.8B
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	-$2.8B
NET CASH FROM INVESTING	-$17.6B
Net Debt Issuance	$133M
Common Stock Repurchased	-$2.8B
Common Dividends Paid	-$4.9B
Other Financing Activities	-$3.2B
NET CASH FROM FINANCING	-$10.8B
FREE CASH FLOW	$14.4B
Net Change in Cash	-$3.2B

Balance Sheet

Item	Amount
Cash & Equivalents	$51.1B
Short-Term Investments	$5.5B
Net Receivables	$21.4B
Inventory	$24.8B
Other Current Assets	$2.7B
TOTAL CURRENT ASSETS	$107.0B
PP&E (Net)	$44.1B
Goodwill	$17.7B
Intangible Assets	$42.6B
Long-Term Investments	$13.0B
Tax Assets	$2.5B
Other Non-Current Assets	$9.4B
TOTAL NON-CURRENT ASSETS	$129.3B
TOTAL ASSETS	$236.3B
Account Payables	$38.6B
Short-Term Debt	$10.2B
Deferred Revenue	$1.1B
Other Current Liabilities	$21.0B
TOTAL CURRENT LIABILITIES	$86.4B
Long-Term Debt	$21.7B
Deferred Revenue NC	$2.5B
Deferred Tax Liabilities	$5.6B
Other Non-Current Liabilities	$22.4B
TOTAL NON-CURRENT LIABILITIES	$53.9B
TOTAL LIABILITIES	$140.3B
Common Stock	$36M
Additional Paid-In Capital	$0
Retained Earnings	$94.6B
Treasury Stock	-$2.8B
Accum. Other Comp. Income	$3.7B
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$95.5B
Minority Interest	$499M
TOTAL EQUITY	$96.0B
TOTAL LIABILITIES & EQUITY	$236.3B
Total Debt	$34.4B
Net Debt	-$16.6B