The most efficient automakers: profit per employee

Methodology

Profit per employee = operating profit of the automotive business in the latest fiscal year (in euros) divided by the number of employees. Profit here means the operating result of the automotive segment, not consolidated net income, so that taxes, financial services and one-off effects stay out. The employee figure is the group headcount. An efficiency metric: how much operating profit a company generates per head. Pure conglomerates such as Xiaomi (mostly smartphones) and Mahindra (tractors and financial services) are excluded because most of their revenue does not come from cars. Bosch is left out because its revenue and margin cover only the Mobility business sector, while its headcount covers the whole group. Losses appear as negative values. Only companies with both figures available are included.

All information is provided for informational purposes only and does not constitute investment advice. Financial figures may be delayed, preliminary or contain errors. No guarantee of accuracy, completeness or timeliness. Exchange rates: European Central Bank.