The company said annual revenue for 2023 was $13,276 million, up $71 million (0.5%) from $13,205 million in 2022, and that its gross profit percentage was 56.9% in both years.

1. 01

   The company said annual revenue for 2023 was $13,276 million, up $71 million (0.5%) from $13,205 million in 2022, and that its gross profit percentage was 56.9% in both years.

2. 02

   NXP said Automotive revenue for 2023 rose $605 million (8.8%) to $7,484 million, while Industrial & IoT fell $362 million (13.3%) to $2,351 million and Mobile fell $280 million (17.4%) to $1,327 million.

3. 03

   The company said it generated $3,513 million in operating cash flow in 2023, returned $2,059 million to shareholders through dividends and share repurchases, and had cash and short-term deposits of $4,271 million at the end of 2023.

4. 04

   As of December 31, 2023, the company said its total debt was $11,175 million and its net debt was $6,904 million ($7,320 million at the end of 2022), and that $1,000 million of the $11,250 million in fixed-rate note principal is due within 12 months.

Key figures

Fiscal year ended December 31, 2023

Revenue

$13.3B

Operating income

$3.7B

Net income

$2.8B

EPS

$10.70

Gross profit

$7.6B

Operating cash flow

$3.5B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.