Borgwarner IncBWA

NYSEConsumer SpendingMotor Vehicle Parts & Accessories
Price (close)
$61.32
Market cap
$12.7B
P/E
30.5x
Revenue (TTM)
$14.3B
Net income
$415.0M
Dividend yield
1.11%
1-year total return
43.0%
Net margin
2.9%
Revenue growth
2.2%
Debt / equity
0.69x

What Borgwarner Inc does.

BorgWarner Inc. (collectively with its consolidated subsidiaries, the “Company” or “BorgWarner”) is a Delaware corporation incorporated in 1987. The Company is a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles. BorgWarner’s products help improve vehicle performance, propulsion efficiency, stability and air quality. The Company manufactures and sells these products worldwide, primarily to original equipment manufacturers (“OEMs”) of light vehicles (passenger cars, sport-utility vehicles, vans and light trucks). The Company’s products are also sold to OEMs of commercial vehicles (medium-duty trucks, heavy-duty trucks and buses) and off-highway vehicles (agricultural and construction machinery and marine applications). The Company also manufactures and sells its products to certain tier one vehicle systems suppliers and into the aftermarket for light, commercial and off-highway vehicles. The Company operates manufacturing facilities serving customers in Europe, the Americas and Asia and is an original equipment supplier to nearly every major automotive OEM in the world.

The Company’s current strategy is to focus on profitable growth across its technology-focused product portfolio that supports electric, hybrid and combustion vehicles. This entails growing its product portfolio through organic investments and technology-focused acquisitions. The Company’s balanced portfolio is particularly critical as the automotive industry continues to see electric vehicle adoption volatility across different regions. During the years ended December 31, 2025, 2024 and 2023, the Company’s revenue from eProducts, which include all products utilized on or for electric vehicles (“EVs”) plus those same products and components that are included in hybrid powertrains whose underlying technologies are adaptable or applicable to those used in or for EVs, was approximately $2.6 billion, $2.3 billion and $2.0 billion, respectively, or 18%, 17% and 14% of its total revenue, respectively, and the Company’s revenue from Foundational products, which include all products utilized on internal combustion engines plus those same products and components that are also included in hybrid powertrains, was approximately $11.7 billion, $11.8 billion and $12.2 billion, respectively, or 82%, 83% and 86% of its total revenue, respectively.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$10.2B$11.8B$12.6B$14.2B$14.1B$14.3B
Net income$500.0M$537.0M$944.0M$625.0M$338.0M$277.0M
Free cash flow$743.0M$792.0M$947.0M$565.0M$711.0M$1.2B

More on BWA.

Figures from Borgwarner Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.