STELLANTIS NV Reports 11.8% Revenue Increase in FY2023 Q2 with EUR 98.4 Billion Earnings Results
July 29, 2023
☀️Earnings Overview
On July 27 2023, STELLANTIS NV ($NYSE:STLA) reported their FY2023 Q2 earnings, showing a total revenue of EUR 98.4 billion, representing an 11.8% year-over-year increase. Additionally, net income for the quarter was EUR 10.9 billion, increasing 37.2% from the same period in the previous year.
Analysis
GoodWhale has conducted an analysis on the fundamentals of STELLANTIS NV. After assessing the financial, business, and operational aspects of the company, GoodWhale has assigned it a medium risk rating. The two risk warnings we have detected in the company’s income sheet and balance sheet can be accessed by registering with GoodWhale. Our analysis of STELLANTIS NV shows that it is a medium risk investment and should be carefully considered before investing. We at GoodWhale recognize that every investor is different and risk tolerance can vary greatly. That is why we provide our users with comprehensive insights about STELLANTIS NV so they can make an informed decision on whether or not to invest in this company. By registering with us, you can view the complete report that includes information on the company’s income sheet, balance sheet, and other key indicators. We hope that our analysis will help you make the best investment decision possible. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Stellantis Nv. More…
| Total Revenues | Net Income | Net Margin |
| 189.96k | 19.76k | 11.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Stellantis Nv. More…
| Operations | Investing | Financing |
| 23.51k | -11.78k | -7.58k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Stellantis Nv. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 198.57k | 121.51k | 24.62 |
Key Ratios Snapshot
Some of the financial key ratios for Stellantis Nv are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 28.6% | 196.2% | 12.8% |
| FCF Margin | ROE | ROA |
| 7.6% | 20.4% | 7.6% |
Peers
The competition between Stellantis NV and its competitors is fierce. Ford Motor Co, General Motors Co, and Toyota Motor Corp are all fighting for market share in the automotive industry. Stellantis NV is a new player in the game, but it is quickly making a name for itself. The company has already established itself as a force to be reckoned with in the European market, and it is now looking to make inroads in the United States and China.
– Ford Motor Co ($NYSE:F)
Ford Motor Company is an American multinational automaker that has its main headquarters in Dearborn, Michigan, a suburb of Detroit. The company sells automobiles and commercial vehicles under the Ford brand and most luxury cars under the Lincoln brand. Ford also owns Brazilian SUV manufacturer Troller, an 8% stake in Aston Martin of the United Kingdom, and a 32% stake in Jiangling Motors of China. It also has joint-ventures in China, Taiwan, Thailand, Turkey, and Russia. The company is listed on the New York Stock Exchange and is controlled by the Ford family; they have minority ownership but the majority of the voting power.
As of 2022, Ford Motor Company has a market capitalization of $47.56 billion and a return on equity of 23.7%. The company has been in operation for over a century and continues to be a leading player in the global automotive industry. Ford’s products are sold in over 200 markets around the world and the company has a strong presence in both developed and emerging markets.
– General Motors Co ($NYSE:GM)
General Motors Co., commonly referred to as GM, is an American multinational corporation headquartered in Detroit that designs, manufactures, markets, and distributes vehicles and vehicle parts, and sells financial services.
As of 2020, GM had a market capitalization of $48.95 billion. This is down from $52.6 billion in 2019. GM’s return on equity was 10.52% in 2020. This is down from 11.92% in 2019.
GM’s decline in market capitalization and ROE can be attributed to a variety of factors, including the COVID-19 pandemic. The pandemic caused a decrease in demand for vehicles, which led to a decrease in GM’s sales and revenue. The decrease in sales and revenue caused GM’s stock price to decline, which in turn led to a decrease in market capitalization. The pandemic also caused GM to incur additional costs, which led to a decline in profits and ROE.
– Toyota Motor Corp ($TSE:7203)
Toyota Motor Corp is one of the largest automakers in the world with a market cap of 27.37T as of 2022. It has a Return on Equity of 11.32%. Toyota is known for its quality vehicles and its commitment to innovation. The company is headquartered in Japan and has operations all over the world. Toyota is a leader in the automotive industry and its products are in high demand. The company’s strong financial position and commitment to innovation make it a great investment.
Summary
Stellantis NV has posted strong financial results for Q2 2023, with total revenue reaching EUR 98.4 billion, an 11.8% increase year-on-year. Net income grew 37.2% to EUR 10.9 billion, reflecting the company’s performance in the period. The stock market responded positively to the news, with the stock price rising on the day of release.
For investors, the positive financials and market response indicate that Stellantis NV is a healthy investment choice with strong potential for growth. The company’s performance and outlook should be closely monitored to ensure continued success and returns on investment.
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