Adient Reports Fiscal 2026 Results with $15.2 Billion Revenue and Increased Share Repurchase Authorization
Adient (ADNT) reported fiscal 2026 revenue of $15.2 billion, a 4% year-over-year increase driven by favorable pricing and volume despite geopolitical disruptions in the Middle East. While adjusted EBITDA remained flat at $884 million due to conflict-related costs, the company maintained strong liquidity with $1.7 billion in total available funds and generated $222 million in free cash flow. Looking ahead to fiscal 2027, management issued revenue guidance of $14.8 billion to $15 billion, anticipating a slight decline in global vehicle production. Despite these headwinds, the company expects adjusted EBITDA to grow slightly to between $900 million and $925 million. To support shareholder value, the board approved an additional $400 million for share repurchases, bringing total repurchase flexibility to approximately $1 billion.
Tickers: $ADNT
Topics: Adjusted EBITDA EPS Free Cash Flow Revenue Growth Share Repurchases