- Stellantis expects a significant net tariff impact of approximately €1.2 billion in the second half of 2025.
- The company’s adjusted operating income dropped dramatically by 94% year-on-year to €540 million compared to an estimate of €1.33 billion.
- Adjusted operating margin fell to 0.7%, down from 10% the previous year, missing the estimate of 1.97%.
- Experienced a sharp increase in negative industrial free cash flow, reporting €3.01 billion compared to a negative €392 million year-on-year, against an estimated negative €2 billion.
- Stellantis reported a net loss of €2.26 billion, compared to a profit of €5.65 billion the previous year, and the estimated loss of €855.3 million.
- Net revenue decreased by 13% to €74.26 billion, below the estimate of €74.96 billion.
- Regional revenue performance varied:
- North America: €28.20 billion, a 26% decrease year-on-year, below the estimate of €29.27 billion.
- Enlarged Europe: €29.24 billion, a 2.4% decline year-on-year, slightly above the estimate of €29.02 billion.
- South America: €7.77 billion, a 5.5% increase year-on-year, close to the estimate of €7.78 billion.
- Middle East & Africa: €4.94 billion, a 1.2% decline year-on-year, above the estimate of €4.7 billion.
- China, India & Asia Pacific: €923 million, a 14% decrease year-on-year, below the estimate of €1.05 billion.
- Maserati: €369 million, a 42% decrease year-on-year, below the estimate of €398.6 million.
- Vehicle sales across regions also showed mixed results:
- North America: 647,000 units, down 23% year-on-year, below the estimate of 684,781 units.
- Enlarged Europe: 1.29 million units, a 7.1% decrease year-on-year, slightly above the estimate of 1.28 million units.
- South America: 471,000 units, a 20% increase year-on-year, above the estimate of 446,174 units.
- Middle East & Africa: 225,000 units, a 5.1% increase year-on-year, above the estimate of 209,950 units.
- China, India & Asia Pacific: 28,000 units, a 13% decrease year-on-year, below the estimate of 29,931 units.
- Maserati: 4,200 units, a 35% decrease year-on-year, slightly below the estimate of 4,231 units.
- Stellantis anticipates increasing net revenues in the second half of 2025 compared to the first half.
- Expects the adjusted operating income margin to be in the low-single digits in the second half.
- Aims for an improvement in industrial free cash flow in the second half compared to the first half.
- Assumptions for future performance are based on current tariff and trade rules as of July 29, 2025.
Stellantis NV on Smartkarma
According to analyst coverage on Smartkarma by Baptista Research, Stellantis NV is experiencing a mixed financial performance in 2024 amidst significant challenges and strategic shifts. The company is facing declining revenues, reduced vehicle shipments, and pressures on operating margins. Despite these obstacles, Stellantis is aiming to overcome them by prioritizing growth, execution, and profitability as key strategic pillars moving forward into 2025.
On the other hand, Baptista Research also highlights that Stellantis NV is grappling with a tough operating environment, marked by tariffs, layoffs, and factory pauses. The reimposition of 25% tariffs on auto imports has led to various financial and operational consequences for Stellantis, including production halts at key plants, layoffs of hundreds of U.S. workers, and credit rating downgrades. Despite these challenges, there is optimism about a potential turnaround taking shape within the company, signaling resilience and adaptability in the face of adversity.
A look at Stellantis NV Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 5 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Stellantis NV, a company that produces automobiles and commercial vehicles, is poised with a promising long-term outlook according to Smartkarma’s Smart Scores. With a top score in both Value and Dividend factors, the company showcases financial strength and commitment to providing returns to its investors. Despite slightly lower scores in Growth and Momentum, Stellantis still demonstrates resilience in the face of challenges, positioning itself as a stable investment option for the future. Serving customers globally, Stellantis NV‘s diversified business operations contribute to its overall positive outlook.
Smartkarma’s Smart Scores for Stellantis NV emphasize the company’s strong value proposition and attractive dividend offerings. While growth and momentum factors may not be as high, the company’s resilience and diversified business model are key strengths that contribute to its overall positive outlook. Stellantis’ global presence and broad range of offerings in the automobile industry, alongside its additional ventures into metallurgical products and production systems, further bolster its position for long-term success in the market.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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