GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
B

Borgwarner BWA · USD

Consumer Discretionary · US listing · 🇺🇸 United States

Compare

51.44

+5.39%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue

$14.32bn

FY2016FY2025

Net income

$277.0m

FY2016FY2025

Free cash flow

$1.18bn

FY2016FY2025

Shareholders' equity

$5.44bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue$14.32bn$14.08bn$14.20bn$12.63bn$14.84bn$10.16bn$10.17bn$10.53bn$9.80bn$9.07bn
Gross profit$2.67bn$2.61bn$2.57bn$2.37bn$2.86bn$1.91bn$2.10bn$2.23bn$2.11bn$1.93bn
Research and development$710.0m$736.0m$717.0m$701.0m$707.0m$476.0m$413.0m$440.1m$407.5m$343.2m
Operating income$563.0m$569.0m$1.16bn$1.01bn$916.0m$1.02bn$1.27bn$1.29bn$1.21bn$275.1m
Net income$277.0m$338.0m$625.0m$944.0m$537.0m$500.0m$746.0m$930.7m$439.9m$118.5m
Diluted earnings per share1.301.542.684.032.242.093.614.462.100.56

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assets$13.77bn$13.99bn$14.45bn$16.99bn$16.57bn$16.03bn$9.70bn$10.10bn$9.79bn$8.83bn
Cash and short-term investments$2.31bn$2.09bn$1.53bn$1.08bn$1.84bn$1.65bn$832.0m$739.0m$545.3m$443.7m
Total liabilities$8.15bn$8.29bn$8.39bn$9.49bn$9.31bn$9.30bn$4.86bn$5.75bn$5.96bn$5.53bn
Debt$3.90bn$4.16bn$3.78bn$4.23bn$4.33bn$3.79bn$1.96bn$2.11bn$2.19bn$2.22bn
Shareholders' equity$5.44bn$5.53bn$5.83bn$7.22bn$6.95bn$6.43bn$4.71bn$4.23bn$3.72bn$3.22bn
Shares outstanding213m219m234m235m240m239m207m209m210m212m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operations$1.65bn$1.35bn$1.31bn$1.57bn$1.31bn$1.22bn$1.01bn$1.13bn$1.18bn$1.04bn
Capital spending−$469.0m−$671.0m−$832.0m−$723.0m−$668.0m−$501.0m−$481.0m−$546.6m−$560.0m−$500.6m
Free cash flow$1.18bn$681.0m$477.0m$846.0m$638.0m$723.0m$527.0m$579.9m$620.3m$535.1m
Dividends paid−$119.0m−$98.0m−$130.0m−$161.0m−$162.0m−$146.0m−$140.0m−$142.0m−$124.1m−$113.4m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue$3.65bn$3.53bn$3.57bn$3.59bn$3.64bn$3.52bn$3.44bn$3.45bn
Gross profit$721.0m$677.0m$729.0m$665.0m$640.0m$639.0m$674.0m$631.0m
Operating income$380.0m$349.0m$396.0m$323.0m$320.0m$326.0m$332.0m$290.0m
Net income$277.0m$242.0m−$262.0m$158.0m$224.0m$157.0m−$405.0m$234.0m
Diluted earnings per share1.341.17-1.230.741.050.74-1.851.07
Cash from operations$586.0m$152.0m$619.0m$368.0m$579.0m$82.0m$679.0m$347.0m
Capital spending−$96.0m−$143.0m−$162.0m−$111.0m−$77.0m−$119.0m−$161.0m−$155.0m
Free cash flow$490.0m$9.0m$457.0m$257.0m$502.0m−$37.0m$518.0m$192.0m
Total assets$13.93bn$13.65bn$13.77bn$14.50bn$14.40bn$13.83bn$13.99bn$15.14bn
Cash and short-term investments$2.45bn$2.11bn$2.31bn$2.17bn$2.04bn$1.71bn$2.09bn$2.00bn
Debt$3.87bn$3.92bn$3.94bn$3.94bn$3.94bn$3.90bn$4.20bn$4.63bn
Shareholders' equity$5.62bn$5.48bn$5.44bn$5.99bn$5.92bn$5.72bn$5.53bn$6.16bn

Financial ratios

Data as of 2 Oct 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin18.7%18.5%18.1%18.7%19.3%18.8%
Operating margin3.7%4.0%8.2%8.0%6.2%10.0%
Net margin1.9%2.4%4.4%7.5%3.6%4.9%
Return on equity5.1%6.1%10.7%13.1%7.7%7.8%
Return on assets2.0%2.4%4.3%5.6%3.2%3.1%
Free cash flow yield16.0%15.3%15.2%16.2%13.6%12.0%
Revenue growth1.7%-0.8%12.4%-14.8%46.0%-0.1%
Earnings growth-18.0%-45.9%-33.8%75.8%7.4%-33.0%
Current ratio2.07x1.79x1.65x1.56x1.74x1.62x
Debt to equity0.72x0.76x0.65x0.59x0.63x0.60x
Equity ratio39.5%39.5%40.3%42.5%41.9%40.1%
Interest coverage5.41x6.77x116.00x14.23x11.17x13.95x
R&D as a share of sales5.0%5.2%5.1%5.5%4.8%4.7%
Buybacks as a share of market value1.2%6.2%0.4%2.4%-0.5%-15.5%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue4.3%7.1%6.0%
Operating income-17.7%-11.2%-5.9%
Net income-33.5%-11.1%-7.6%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin18.6%18.5%18.7%19.6%
Operating margin4.0%6.0%6.5%8.1%
Net margin2.2%4.0%4.0%4.7%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings34.620.613.48.817.816.310.66.821.462.2
Price to sales0.70.50.60.70.60.80.80.61.00.8

Market value over time

30 Nov 2016 to 1 Oct 2026, in USD

$6.70bn$12.52bn

Share price return

Finished calendar years

2025202420232022202120202019201820172016
Return41%-10%-1%-3%9%-13%30%-36%31%-4%

Dividends and splits

Per share, in the currency the company pays

Paid for 13 years. Last went ex-dividend on 1 Sept 2026.

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Paid in the year0.510.560.440.560.680.680.680.68
  • 2-for-1 split · 17 Dec 2013
  • 2-for-1 split · 18 Dec 2007
  • 2-for-1 split · 18 May 2004

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.