BWA
BorgWarner Inc
NYSE: BWA · CONSUMER CYCLICAL · AUTO PARTS
$54.21
-0.18% today
Updated 2026-04-29
Market cap
$11.22B
P/E ratio
42.35
P/S ratio
0.78x
EPS (TTM)
$1.28
Dividend yield
1.03%
52W range
$28 – $70
Volume
2.4M
BorgWarner Inc (BWA) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.59B | $5.33B | $5.26B | $3.98B | $5.65B | $7.12B | $7.18B | $7.43B | $8.30B | $8.02B | $9.07B | $9.80B | $10.53B | $10.17B | $10.16B | $14.84B | $12.63B | $14.20B | $14.08B | $14.32B |
| Revenue growth (YoY) | — | +16.2% | -1.2% | -24.5% | +42.2% | +25.9% | +0.9% | +3.6% | +11.7% | -3.4% | +13.0% | +8.0% | +7.5% | -3.4% | -0.1% | +46.0% | -14.8% | +12.4% | -0.8% | +1.7% |
| Cost of revenue | $3.74B | $4.38B | $4.43B | $3.40B | $4.57B | $5.70B | $5.72B | $5.87B | $6.55B | $6.33B | $7.14B | $7.68B | $8.30B | $8.07B | $8.26B | $11.98B | $10.27B | $11.63B | $11.47B | $11.64B |
| Gross profit | $849.90M | $949.90M | $838.50M | $576.90M | $1.09B | $1.41B | $1.46B | $1.57B | $1.76B | $1.70B | $1.93B | $2.11B | $2.23B | $2.10B | $1.91B | $2.86B | $2.37B | $2.57B | $2.61B | $2.68B |
| Gross margin | 18.5% | 17.8% | 15.9% | 14.5% | 19.2% | 19.8% | 20.3% | 21.1% | 21.1% | 21.2% | 21.3% | 21.6% | 21.2% | 20.7% | 18.8% | 19.3% | 18.7% | 18.1% | 18.5% | 18.7% |
| R&D | $187.70M | $210.80M | $205.70M | $155.20M | $185.00M | $243.70M | $265.90M | $303.20M | $336.20M | $307.40M | $343.20M | $407.50M | $440.10M | $413.00M | $476.00M | $707.00M | $701.00M | $717.00M | $736.00M | $710.00M |
| SG&A | $498.10M | $531.90M | $542.90M | $459.80M | $566.60M | $621.00M | $646.60M | $639.70M | $698.90M | $662.00M | $817.50M | $898.50M | $945.70M | $873.00M | $951.00M | $1.08B | $1.29B | $1.63B | $1.35B | $1.30B |
| Operating income | $351.80M | $418.00M | $302.90M | $98.20M | $519.80M | $790.90M | $811.50M | $925.80M | $1.06B | $1.04B | $1.12B | $1.21B | $1.29B | $1.23B | $957.00M | $1.39B | $1.06B | $1.16B | $1.26B | $1.38B |
| Operating margin | 7.7% | 7.8% | 5.8% | 2.5% | 9.2% | 11.1% | 11.3% | 12.5% | 12.7% | 12.9% | 12.3% | 12.4% | 12.2% | 12.1% | 9.4% | 9.3% | 8.4% | 8.2% | 8.9% | 9.6% |
| EBITDA | $567.10M | $729.70M | $339.60M | $337.10M | $797.10M | $1.12B | $1.09B | $1.20B | $1.35B | $1.31B | $666.50M | $1.54B | $1.70B | $1.77B | $1.58B | $1.69B | $1.56B | $1.16B | $1.32B | $2.10B |
| EBITDA margin | 12.4% | 13.7% | 6.5% | 8.5% | 14.1% | 15.8% | 15.2% | 16.2% | 16.2% | 16.3% | 7.3% | 15.8% | 16.1% | 17.4% | 15.6% | 11.4% | 12.4% | 8.2% | 9.4% | 14.6% |
| EBIT | $310.50M | $465.10M | $52.80M | $76.20M | $544.20M | $841.00M | $802.70M | $904.80M | $1.02B | $987.60M | $275.10M | $1.14B | $1.26B | $1.33B | $1.05B | $916.00M | $1.01B | $1.16B | $646.00M | $1.38B |
| Interest expense | $0.00 | $0.00 | $38.80M | $57.20M | $68.80M | $74.60M | $39.40M | $34.20M | $36.40M | $60.40M | $84.60M | $70.50M | $59.00M | $55.00M | $73.00M | $82.00M | $71.00M | $10.00M | $84.00M | $123.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $211.60M | $288.50M | $-35.60M | $27.00M | $377.40M | $550.10M | $500.90M | $624.30M | $655.80M | $609.70M | $118.50M | $439.90M | $930.70M | $746.00M | $500.00M | $537.00M | $944.00M | $625.00M | $338.00M | $277.00M |
| Net income growth (YoY) | — | +36.3% | -112.3% | +175.8% | +1297.8% | +45.8% | -8.9% | +24.6% | +5.0% | -7.0% | -80.6% | +271.2% | +111.6% | -19.8% | -33.0% | +7.4% | +75.8% | -33.8% | -45.9% | -18.0% |
| Profit margin | 4.6% | 5.4% | -0.7% | 0.7% | 6.7% | 7.7% | 7.0% | 8.4% | 7.9% | 7.6% | 1.3% | 4.5% | 8.8% | 7.3% | 4.9% | 3.6% | 7.5% | 4.4% | 2.4% | 1.9% |