A

Adient plc
D

ADNT

16.850
USD
-0.40
(-2.32%)
Market Closed
Volume
0
EPS
2
Div Yield
-
P/E
84
Market Cap
1,430,004,957
OverviewSignalsIdeasNews
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News

Title: Adient plc

Sector: Consumer Cyclical
Industry: Auto Parts
Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated revenue from joint ventures was about $3.8 billion in fiscal 2024 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2024 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $14.7 billion.