BWA
BorgWarner Inc.
Stock
$60.52+0.14 (+0.23%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $14.3B | $14.3B | $14.1B | $14.2B | $12.6B | $11.8B | $10.2B | $10.2B | $10.5B | $9.8B | $9.1B | $8.0B | $8.3B | $7.4B | $7.2B | $7.1B |
| Cost of revenue | $11.6B | $11.6B | $11.4B | $11.6B | $10.3B | $9.6B | $8.3B | $8.1B | $8.3B | $7.7B | $7.1B | $6.3B | $6.5B | $5.9B | $5.7B | $5.7B |
| Gross profit | $2.8B | $2.7B | $2.6B | $2.6B | $2.4B | $2.2B | $1.9B | $2.1B | $2.2B | $2.1B | $1.9B | $1.7B | $1.8B | $1.6B | $1.5B | $1.4B |
| R&D | $699M | $710M | $736M | $717M | $701M | $586M | $476M | $413M | $440M | $408M | $343M | $307M | $336M | $303M | $266M | $244M |
| SG&A | $1.3B | $1.3B | $1.4B | $1.3B | $1.3B | $1.1B | $951M | $873M | $946M | $899M | $818M | $662M | $699M | $640M | $629M | $621M |
| Other operating expenses | $47M | $124M | $16M | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | $716M | $536M | $546M | $1.2B | $1.0B | $914M | $618M | $1.3B | $1.2B | $1.1B | $973M | $888M | $964M | $855M | $753M | $798M |
| Non-operating income | −$8.0M | −$12M | −$7.0M | −$169M | −$96M | −$404M | $346M | −$38M | $6.0M | −$9.0M | −$31M | −$13M | $16M | $14M | $8.1M | −$32M |
| Pretax income | $708M | $524M | $539M | $991M | $913M | $510M | $964M | $1.3B | $1.2B | $1.1B | $943M | $875M | $980M | $869M | $761M | $766M |
| Taxes | $293M | $247M | $201M | $366M | −$31M | −$27M | $464M | $519M | $265M | $623M | $348M | $298M | $324M | $245M | $260M | $216M |
| Net income | $415M | $277M | $338M | $625M | $944M | $537M | $500M | $746M | $931M | $440M | $595M | $577M | $656M | $624M | $501M | $550M |
| Diluted EPS | $2.00 | $1.28 | $1.50 | $2.67 | $3.99 | $2.24 | $2.34 | $3.61 | $4.44 | $2.08 | $2.76 | $2.56 | $2.86 | $2.70 | $2.09 | $2.22 |
| Diluted shares | — | 216.4M | 224.8M | 234.4M | 236.8M | 239.5M | 214.0M | 206.8M | 209.5M | 211.5M | 215.3M | 225.6M | 228.9M | 231.3M | 242.8M | 256.9M |
| Revenue growth | — | +1.6% | −0.8% | +12.4% | +7.0% | +16.1% | 0.0% | −3.4% | +7.5% | +8.0% | +13.1% | −3.4% | +11.7% | +3.5% | +1.0% | — |
| Gross margin | 19.5% | 18.7% | 18.8% | 18.1% | 18.7% | 18.4% | 18.8% | 20.7% | 21.2% | 21.6% | 21.3% | 21.2% | 21.1% | 20.9% | 20.4% | 19.8% |
| Operating margin | 5.0% | 3.7% | 3.9% | 8.2% | 8.0% | 7.7% | 6.1% | 12.8% | 11.3% | 10.9% | 10.7% | 11.1% | 11.6% | 11.5% | 10.5% | 11.2% |
| Net margin | 2.9% | 1.9% | 2.4% | 4.4% | 7.5% | 4.5% | 4.9% | 7.3% | 8.8% | 4.5% | 6.6% | 7.2% | 7.9% | 8.4% | 7.0% | 7.7% |