Adient FY26 slides: cash flow strong despite Q4 earnings miss

Adient (ADNT) increased its share repurchase program by $400M, totaling $1B, with $435M remaining. The board also adopted a tax benefits preservation plan to prevent unintended ownership changes that could limit tax benefits, including $3.5B in net operating loss carryforwards.

Adient PLC (ADNT) reported a fiscal Q4 loss of $47M, or 62 cents per share, missing estimates of 63 cents per share. Revenue was $3.73B, beating forecasts of $3.59B. The company expects full-year revenue between $14.8B and $15B. Shares are down 12% YTD and 30% over the past year.

Adient (ADNT) increased its share repurchase authorization by $400M, bringing the total to $1B, with $435M remaining. The company also adopted a Tax Benefits Preservation Plan to protect its U.S. tax attributes, valued at $3.5B, which could reduce future cash tax payments. The plan aims to prevent unintended ownership changes that could limit the use of these tax benefits. According to the company, these moves reflect confidence in its business outlook and commitment to shareholder value.

Adient (ADNT) reported Q4 Non-GAAP EPS of $0.52, missing estimates by $0.10. Adjusted EBITDA was $229M with a 6.1% margin. FY2026 free cash flow was $222M, and the company returned $100M to shareholders via share repurchases.

Adient reported a Q4 GAAP net loss of $47M and adjusted net income of $40M. The company repurchased $100M in shares, about 6% of its year-start shares, and expects modest Adj.-EBITDA improvement in FY 2027. Adient's gross debt totaled $886M and net debt $2.4B as of September 30, 2026.

Adient (ADNT) reported Q4 2026 GAAP net loss of $47M and adj. net income of $40M. Full-year 2026 FCF was $222M, with $100M returned to shareholders. FY 2027 outlook expects modest adj. EBITDA improvement. Gross debt stood at $2.4B as of Q4 2026.