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Stellantis N.V. (STLA) FY2024 earnings results (fiscal 2024)

20-F filed Feb 27, 2025

Stellantis N.V. (STLA) reported revenue of $156.9B for the fiscal 2024 (FY2024), -17% from a year earlier. Operating margin was 2.4%, net earnings $5.5B (3.5% of revenue).

Revenue$156.9B
Year over year-17%
Quarter over quarter—
Operating margin2.4%
Net earnings$5.5B

Stellantis N.V., FY2024: revenue $156.9B (-17% year over year), operating margin 2.4%, net earnings $5.5B, operating cash flow $4.0B. The chart follows the revenue to costs, profit and cash.

FY2024AmountQ/QY/Y
Revenue$156.9B—-17%
Operating profit$3.7B—-84%
Net earnings$5.5B—-70%
Operating cash flow$4.0B—-82%

What changed

Revenue was €156.9B in FY2024, down 17% year over year.

Operating profit was €3.7B, a 2.4% margin (down 9.5 points year over year). Total costs fell 8% while revenue fell 17%. The fastest-growing cost line was Other operating costs (+188%). Net earnings were €5.5B, down 71% year over year. The effective tax rate was -36.9%.

Operating cash flow was €4.0B (down 82% year over year), 73% of net earnings. Non-cash charges added back €7.2B of depreciation and amortization. Working capital and other items used €8.7B.

Questions

What was Stellantis N.V.'s revenue in the fiscal 2024?

Stellantis N.V.

Was Stellantis N.V. profitable in the fiscal 2024?

Operating profit was $3.7B (2.4% of revenue) and net earnings $5.5B.

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Source: Stellantis N.V. 20-F on SEC EDGAR.