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Side-by-side financial comparison of Aptiv (APTV) and PATRICK INDUSTRIES INC (PATK). Click either name above to swap in a different company.
Aptiv is the larger business by last-quarter revenue ($5.2B vs $924.2M, roughly 5.6× PATRICK INDUSTRIES INC). PATRICK INDUSTRIES INC runs the higher net margin — 3.1% vs 2.7%, a 0.5% gap on every dollar of revenue. On growth, PATRICK INDUSTRIES INC posted the faster year-over-year revenue change (9.2% vs 5.0%). Aptiv produced more free cash flow last quarter ($651.0M vs $112.7M). Over the past eight quarters, Aptiv's revenue compounded faster (2.5% CAGR vs -0.5%).
Aptiv PLC is an American automotive technology supplier with headquarters in Schaffhausen, Switzerland. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors.
Anduril Industries, Inc. is an American defense technology company specializing in the development of advanced autonomous systems.
APTV vs PATK — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | | |
|---|---|---|
| Revenue | $5.2B | $924.2M |
| Net Profit | $138.0M | $29.1M |
| Gross Margin | 18.7% | 23.0% |
| Operating Margin | 8.2% | 6.2% |
| Net Margin | 2.7% | 3.1% |
| Revenue YoY | 5.0% | 9.2% |
| Net Profit YoY | -48.5% | 99.7% |
| EPS (diluted) | $0.63 | $0.82 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $5.2B | $924.2M | ||
| Q3 25 | $5.2B | $975.6M | ||
| Q2 25 | $5.2B | $1.0B | ||
| Q1 25 | $4.8B | $1.0B | ||
| Q4 24 | $4.9B | $846.1M | ||
| Q3 24 | $4.9B | $919.4M | ||
| Q2 24 | $5.1B | $1.0B | ||
| Q1 24 | $4.9B | $933.5M |
| Q4 25 | $138.0M | $29.1M | ||
| Q3 25 | $-355.0M | $35.3M | ||
| Q2 25 | $393.0M | $32.4M | ||
| Q1 25 | $-11.0M | $38.2M | ||
| Q4 24 | $268.0M | $14.6M | ||
| Q3 24 | $363.0M | $40.9M | ||
| Q2 24 | $938.0M | $47.9M | ||
| Q1 24 | $218.0M | $35.1M |
| Q4 25 | 18.7% | 23.0% | ||
| Q3 25 | 19.5% | 22.6% | ||
| Q2 25 | 19.1% | 23.9% | ||
| Q1 25 | 19.1% | 22.8% | ||
| Q4 24 | 19.6% | 22.1% | ||
| Q3 24 | 18.6% | 23.1% | ||
| Q2 24 | 19.2% | 22.8% | ||
| Q1 24 | 17.9% | 21.9% |
| Q4 25 | 8.2% | 6.2% | ||
| Q3 25 | -3.4% | 6.8% | ||
| Q2 25 | 9.3% | 8.3% | ||
| Q1 25 | 9.3% | 6.5% | ||
| Q4 24 | 9.8% | 4.7% | ||
| Q3 24 | 10.4% | 8.1% | ||
| Q2 24 | 8.7% | 8.3% | ||
| Q1 24 | 8.5% | 6.4% |
| Q4 25 | 2.7% | 3.1% | ||
| Q3 25 | -6.8% | 3.6% | ||
| Q2 25 | 7.5% | 3.1% | ||
| Q1 25 | -0.2% | 3.8% | ||
| Q4 24 | 5.5% | 1.7% | ||
| Q3 24 | 7.5% | 4.4% | ||
| Q2 24 | 18.6% | 4.7% | ||
| Q1 24 | 4.4% | 3.8% |
| Q4 25 | $0.63 | $0.82 | ||
| Q3 25 | $-1.63 | $1.01 | ||
| Q2 25 | $1.80 | $0.96 | ||
| Q1 25 | $-0.05 | $1.11 | ||
| Q4 24 | $1.22 | $-1.44 | ||
| Q3 24 | $1.48 | $1.80 | ||
| Q2 24 | $3.47 | $2.16 | ||
| Q1 24 | $0.79 | $1.59 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.9B | $26.4M |
| Total DebtLower is stronger | $7.5B | $1.3B |
| Stockholders' EquityBook value | $9.2B | $1.2B |
| Total Assets | $23.4B | $3.1B |
| Debt / EquityLower = less leverage | 0.81× | 1.10× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.9B | $26.4M | ||
| Q3 25 | $1.6B | $20.7M | ||
| Q2 25 | $1.4B | $22.0M | ||
| Q1 25 | $1.1B | $86.6M | ||
| Q4 24 | $1.6B | $33.6M | ||
| Q3 24 | $1.8B | $52.6M | ||
| Q2 24 | $2.2B | $44.0M | ||
| Q1 24 | $941.0M | $17.6M |
| Q4 25 | $7.5B | $1.3B | ||
| Q3 25 | $7.6B | — | ||
| Q2 25 | $7.8B | — | ||
| Q1 25 | $7.6B | — | ||
| Q4 24 | $7.8B | $1.3B | ||
| Q3 24 | $8.3B | — | ||
| Q2 24 | $5.5B | — | ||
| Q1 24 | $4.7B | — |
| Q4 25 | $9.2B | $1.2B | ||
| Q3 25 | $9.3B | $1.2B | ||
| Q2 25 | $9.7B | $1.1B | ||
| Q1 25 | $9.0B | $1.1B | ||
| Q4 24 | $8.8B | $1.1B | ||
| Q3 24 | $8.9B | $1.1B | ||
| Q2 24 | $11.5B | $1.1B | ||
| Q1 24 | $11.1B | $1.1B |
| Q4 25 | $23.4B | $3.1B | ||
| Q3 25 | $23.5B | $3.1B | ||
| Q2 25 | $23.9B | $3.1B | ||
| Q1 25 | $23.1B | $3.2B | ||
| Q4 24 | $23.5B | $3.0B | ||
| Q3 24 | $24.8B | $3.1B | ||
| Q2 24 | $24.8B | $3.0B | ||
| Q1 24 | $23.6B | $3.0B |
| Q4 25 | 0.81× | 1.10× | ||
| Q3 25 | 0.82× | — | ||
| Q2 25 | 0.80× | — | ||
| Q1 25 | 0.85× | — | ||
| Q4 24 | 0.89× | 1.18× | ||
| Q3 24 | 0.93× | — | ||
| Q2 24 | 0.48× | — | ||
| Q1 24 | 0.42× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $818.0M | $130.8M |
| Free Cash FlowOCF − Capex | $651.0M | $112.7M |
| FCF MarginFCF / Revenue | 12.6% | 12.2% |
| Capex IntensityCapex / Revenue | 3.2% | 2.0% |
| Cash ConversionOCF / Net Profit | 5.93× | 4.50× |
| TTM Free Cash FlowTrailing 4 quarters | $1.5B | $246.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $818.0M | $130.8M | ||
| Q3 25 | $584.0M | $9.1M | ||
| Q2 25 | $510.0M | $149.4M | ||
| Q1 25 | $273.0M | $40.1M | ||
| Q4 24 | $1.1B | $102.7M | ||
| Q3 24 | $499.0M | $51.5M | ||
| Q2 24 | $643.0M | $137.5M | ||
| Q1 24 | $244.0M | $35.2M |
| Q4 25 | $651.0M | $112.7M | ||
| Q3 25 | $441.0M | $-17.2M | ||
| Q2 25 | $361.0M | $131.1M | ||
| Q1 25 | $76.0M | $19.9M | ||
| Q4 24 | $894.0M | $77.2M | ||
| Q3 24 | $326.0M | $33.7M | ||
| Q2 24 | $417.0M | $120.6M | ||
| Q1 24 | $-21.0M | $19.7M |
| Q4 25 | 12.6% | 12.2% | ||
| Q3 25 | 8.5% | -1.8% | ||
| Q2 25 | 6.9% | 12.5% | ||
| Q1 25 | 1.6% | 2.0% | ||
| Q4 24 | 18.2% | 9.1% | ||
| Q3 24 | 6.7% | 3.7% | ||
| Q2 24 | 8.3% | 11.9% | ||
| Q1 24 | -0.4% | 2.1% |
| Q4 25 | 3.2% | 2.0% | ||
| Q3 25 | 2.7% | 2.7% | ||
| Q2 25 | 2.9% | 1.7% | ||
| Q1 25 | 4.1% | 2.0% | ||
| Q4 24 | 3.4% | 3.0% | ||
| Q3 24 | 3.6% | 1.9% | ||
| Q2 24 | 4.5% | 1.7% | ||
| Q1 24 | 5.4% | 1.7% |
| Q4 25 | 5.93× | 4.50× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | 1.30× | 4.61× | ||
| Q1 25 | — | 1.05× | ||
| Q4 24 | 3.96× | 7.05× | ||
| Q3 24 | 1.37× | 1.26× | ||
| Q2 24 | 0.69× | 2.87× | ||
| Q1 24 | 1.12× | 1.00× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APTV
| Electrical Distribution Systems | $2.3B | 45% |
| Engineered Components Group | $1.4B | 28% |
| Active Safety | $716.0M | 14% |
| User Experience And Other | $564.0M | 11% |
| Smart Vehicle Compute And Software | $154.0M | 3% |
PATK
| Recreational Vehicle | $276.3M | 30% |
| Distribution | $222.4M | 24% |
| Marine | $141.9M | 15% |
| Industrial | $110.8M | 12% |
| Powersports | $104.8M | 11% |
| Manufactured Housing | $67.9M | 7% |
