BWA Financials Borgwarner Inc

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 29 h ago Overview →

Growth & profitability

Revenue has grown 7.1% per year over the past 5 years.
Net income has grown slower than revenue (-11.1% vs 7.1% per year).
Operating margin has contracted, at 3.7% in the latest year.
Free cash flow has grown 14.1% per year over the past 5 years.

Financial health

Total debt ($3.9B) exceeds cash ($2.3B); net debt is $1.6B.
Total debt has grown slower than revenue (0.8% vs 7.1% per year).
Total debt is 3.1× EBITDA.

Shareholder returns

Dividends have been paid for 13 consecutive years, consuming 43.0% of earnings and 10.1% of free cash flow.
The dividend has declined 4.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$14.3B	$277M	18.7%	3.7%	$1.2B	$3.9B	$2.3B
2024	$14.1B	$338M	18.8%	3.9%	$711M	$4.1B	$2.1B
2023	$14.2B	$625M	18.1%	8.2%	$565M	$3.7B	$1.5B
2022	$12.6B	$944M	18.7%	8.0%	$558M	$4.1B	$1.3B
2021	$11.8B	$537M	18.4%	7.7%	$696M	$4.3B	$1.8B
2020	$10.2B	$500M	18.8%	6.1%	—	$3.7B	$1.6B
2019	$10.2B	$746M	20.7%	12.8%	—	$2.0B	$832M
2018	$10.5B	$931M	21.2%	11.3%	—	$2.1B	$739M
2017	—	$440M	—	—	—	$2.1B	$545M
2016	—	$595M	—	—	—	$2.1B	$444M
2015	—	$577M	—	—	—	$2.3B	—
2014	—	$656M	—	—	—	$739M	—
2013	—	$624M	—	—	—	$1.0B	—
2012	—	$501M	—	—	—	$828M	—
2011	—	$550M	—	—	—	$1.1B	—

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$3.5B	$242M	19.2%	9.5%	$9M	$3.9B	—
Dec '25	$3.6B	-$262M	20.5%	-6.7%	—	$3.9B	$2.3B
Sep '25	$3.6B	$158M	18.5%	6.9%	—	$3.9B	—
Jun '25	$3.6B	$224M	17.6%	7.9%	—	$3.9B	—
Mar '25	$3.5B	$157M	18.2%	6.7%	-$37M	$3.8B	—
Dec '24	$3.4B	-$405M	19.9%	-9.2%	—	$4.1B	$2.1B
Sep '24	$3.4B	$234M	18.4%	7.8%	—	$4.5B	$2.0B
Jun '24	$3.6B	$303M	19.0%	8.2%	—	$3.7B	$1.3B
Mar '24	$3.6B	$206M	17.9%	8.2%	—	$3.7B	$1.0B
Dec '23	$3.5B	$154M	18.7%	8.0%	—	$3.7B	$1.5B
Sep '23	$3.6B	$50M	18.0%	7.5%	—	$3.7B	$949M
Jun '23	$3.7B	$204M	18.5%	9.1%	$80M	$4.2B	$848M
Mar '23	$3.4B	$217M	17.1%	8.1%	-$251M	$4.2B	$950M
Dec '22	$3.3B	$254M	19.3%	8.0%	$695M	$4.1B	$1.3B
Sep '22	$3.2B	$275M	18.8%	8.2%	$251M	$4.1B	$1.2B
Jun '22	$3.8B	$215M	18.9%	7.2%	$62M	$4.2B	$1.4B
Mar '22	$3.9B	$200M	19.4%	9.1%	-$61M	$4.2B	$1.5B
Dec '21	$3.7B	$129M	17.1%	4.9%	$370M	$4.3B	$1.8B
Sep '21	$3.4B	$96M	19.0%	7.4%	-$10M	$4.3B	$1.5B
Jun '21	$3.8B	$247M	20.3%	8.4%	$133M	$4.4B	$1.6B

Valuation over time

How the market has priced BWA against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 10.7× (Mar '23) to 51.4× (Jun '26).
The price-to-sales ratio has risen from 0.8× (Mar '23) to 1.0× (Jun '26).
The dividend yield has fallen from 1.6% (Mar '23) to 0.8% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is BWA growing its revenue and profit?

Over the past 5 years, Borgwarner Inc's revenue has grown 7.1% per year, and net income declined 11.1% per year. These are computed facts, not advice.

How much debt does BWA have?

As of FY2025, Borgwarner Inc reported $3.9B of total debt against $2.3B of cash.

What is BWA's profit margin?

In FY2025, gross margin was 18.7%, operating margin 3.7%, and net margin 1.9%.

What is BWA's P/E ratio?

As of Jun '26, Borgwarner Inc traded at a price-to-earnings ratio of about 51.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.