Adient PLC (NYSE: ADNT) is an automotive seating supply company that designs, develops, engineers, manufactures, and delivers complete seat systems and components to global automotive original equipment manufacturers. Revenue is transactional, generated by supplying seating systems and components directly to OEM customers across every major automotive producing region. Adient reported net sales of $14,535 million for fiscal year ended September 30, 2025, a 1.0% decrease from $14,688 million in fiscal 2024. Gross profit was $961 million, or 6.6% of net sales, in fiscal 2025. The company posted a net loss attributable to Adient of $281 million in fiscal 2025, driven largely by a $333 million non-cash goodwill impairment charge in the EMEA segment. Adient operates three reportable segments: Americas, EMEA, and Asia Pacific/China. Jerome J. Dorlack has served as President and Chief Executive Officer since 2024. The company is incorporated as a public limited company and is a high-volume, capital-intensive automotive supplier with thin gross margins.
- Revenue model
- Transactional supply agreements with automotive OEMs. Adient sells complete seating systems, frames, mechanisms, foam, head restraints, armrests, and trim covers to vehicle manufacturers on a per-unit or program basis. Pricing is subject to commercial adjustments and material economics recoveries negotiated with customers and suppliers.
- Products and services
- Complete automotive seat systems, seat frames, seat mechanisms, foam components, head restraints, armrests, and trim covers. Adient's proprietary technologies span virtually every area of automotive seating solutions.
- Customers and end markets
- Global automotive OEMs are the primary customers. End market demand is tied directly to light vehicle production volumes. Global light vehicle production was 92.1 million units in fiscal 2025, up 3.0% from 89.4 million units in fiscal 2024 (source: S&P Global, October 2025).
- Value-chain role
- Tier 1 automotive supplier. Adient sits between raw material and component suppliers and finished vehicle OEM assemblers, providing complete seat system design, engineering, manufacturing, and delivery.
- Geographic exposure
- Three reportable segments as of fiscal year ended September 30, 2025: Americas (North and South America), EMEA (Europe, Middle East and Africa), and Asia Pacific/China. Key manufacturing and operational locations include the United States (27 operational locations), Mexico (20), China (29), Germany (12), Thailand (13), Czech Republic (7), Japan (7), and other EMEA and Asia locations.
Source: SEC 10-K, filed 2025-11-18
Industry:
Motor Vehicle Parts & Accessories
Peers:
APTIV PLC