Aptiv PLC is a global technology and mobility architecture company primarily serving the automotive sector. They deliver end-to-end mobility solutions, enabling customers' transition to more electrified, software-defined vehicles. Aptiv designs and manufactures vehicle components and provides electrical, electronic and active safety technology solutions to the global automotive and commercial vehicle markets. The company's two main segments are Signal and Power Solutions and Advanced Safety and User Experience. Aptiv's customer base includes the 25 largest automotive original equipment manufacturers (OEMs) in the world. The company operates 138 major manufacturing facilities and 11 major technical centers, utilizing a regional service model. Aptiv has a presence in 50 countries and has approximately 22,200 scientists, engineers and technicians focused on developing market relevant product solutions for its customers.

• Employees: 154,000 (as of December 31, 2023)
• Geographic Footprint: 50 countries
• Headquarters: Dublin, Ireland
• Founded: 2011
• Number of locations/facilities: 138 manufacturing sites and 11 technical centers
• Revenue: $20.1 billion (FY2023)
• Market Capitalization: $28.8 billion (as of June 30, 2023)
• Key Subsidiaries/Brands: Wind River Systems, Intercable Automotive Solutions S.r.l.

• CEO: Kevin P. Clark
• CFO: Joseph R. Massaro
• Chief Technology Officer: Benjamin Lyon
• Chief Operating Officer: William T. Presley
• Chief People Officer: Obed D. Louissaint
• Chief Legal Officer: Katherine H. Ramundo
• Chief Product Officer: Sophia M. Velastegui

Key leaders have extensive experience in their respective fields. Kevin P. Clark has served as CEO since March 2015. Joseph R. Massaro has served as CFO since March 2016. William T. Presley has served as COO since December 2022. Obed D. Louissaint joined Aptiv in January 2023. Benjamin Lyon joined Aptiv in December 2022. Katherine H. Ramundo joined Aptiv in March 2021. Sophia M. Velastegui joined Aptiv in February 2022.

• Annual Revenue: $20.1 billion (FY2023)
• Net Income: $2.9 billion
• Market Cap: $28.8 billion (as of June 30, 2023)
• Total Assets: $24.4 billion
• Number of Employees: 154,000 (as of December 31, 2023)
• Key Financial Highlights: Revenue increased by 15% year-over-year. Operating income was $1.6 billion and adjusted operating income was $2.1 billion. Cash flow from operations was $1.9 billion.

Aptiv provides a range of products and services across two main segments:

• Signal and Power Solutions: Designs, manufactures and assembles the vehicle's electrical architecture, including connectors, wiring assemblies, cable management, electrical centers and high voltage power and safety-critical data distribution systems.
• Advanced Safety and User Experience: Provides technologies and services to enhance vehicle safety, security, comfort and convenience, including sensing and perception systems, electronic control units, multi-domain controllers, vehicle connectivity systems, cloud-native software platforms, application software, autonomous driving technologies and end-to-end DevOps tools.

Aptiv operates through two main business segments:

• Signal and Power Solutions: This segment provides complete design, manufacture and assembly of the vehicle's electrical architecture.
• Advanced Safety and User Experience: This segment provides critical technologies and services to enhance vehicle safety, security, comfort and convenience.

Aptiv's strategy is focused on growing and improving the profitability of its businesses. Key strategic initiatives include:

• Disciplined investing in the business to grow and enhance product offerings.
• Strategically focusing the portfolio in high-technology, high-growth spaces.
• Leveraging an industry-leading cost structure to expand operating margins.
• Commercializing the high-tech evolution of the automotive industry.
• Targeting the right business with the right customers.
• Capitalizing on global scale, footprint and established position in key growth markets.
• Leveraging a lean and flexible cost structure to deliver profitability and cash flow.
• Advancing and maintaining an efficient capital structure.
• Pursuing selected acquisitions and strategic investments.
• Accelerating an electric, zero-emissions future.

Aptiv operates in the automotive technology and components industry, which is highly competitive. Key market trends include:

• Increasing consumer demand for new mobility solutions and advanced technologies.
• Increasing government regulation related to vehicle safety, fuel efficiency and emissions control.
• The shift towards software-defined vehicles.
• Growing demand for autonomous driving technologies and connected services.
• Key Competitors: Amphenol Corporation, Draexlmaier Group, Lear Corporation, Leoni AG, Molex Inc., Sumitomo Electric Industries, TE Connectivity, Ltd., Yazaki Corporation, Bosch Group, Continental AG, Denso Corporation, Harman International, Hyundai Mobis, LG Electronics, Magna International, Panasonic Corporation, Valeo, Visteon Corporation, and ZF Friedrichshafen AG.

• Supply Chain Risks: Disruptions in the supply of raw materials and other components, including semiconductors, could adversely affect profitability.
• Economic Risks: The cyclical nature of automotive sales and production can adversely affect the business. A prolonged economic downturn could require additional sources of financing.
• Competition Risks: The automotive technology and component supply industry is highly competitive, and Aptiv is dependent on the acceptance of new product introductions for continued growth.
• Technology Risks: Failure to respond to changes in regulations, technology and technological risks, and to develop intellectual property into commercially viable products could adversely affect the business.
• Customer Risks: Declines in the market share or business of its five largest customers may adversely impact revenues and profitability.