BorgWarner Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	14,183	14,086	14,198	12,635	11,803	10,165	Upgrade
Revenue Growth (YoY)	0.10%	-0.79%	12.37%	7.05%	16.11%	-0.03%	Upgrade
Cost of Revenue	11,548	11,438	11,630	10,266	9,630	8,255	Upgrade
Gross Profit	2,635	2,648	2,568	2,369	2,173	1,910	Upgrade
Selling, General & Admin	1,324	1,363	1,331	1,290	1,078	944	Upgrade
Other Operating Expenses	-9	-5	-11	-4	-11	-13	Upgrade
Operating Expenses	1,315	1,358	1,320	1,286	1,067	931	Upgrade
Operating Income	1,320	1,290	1,248	1,083	1,106	979	Upgrade
Interest Expense	-105	-84	-73	-71	-82	-73	Upgrade
Interest & Investment Income	62	54	35	20	11	12	Upgrade
Earnings From Equity Investments	33	27	30	28	42	18	Upgrade
EBT Excluding Unusual Items	1,310	1,287	1,240	1,060	1,077	936	Upgrade
Merger & Restructuring Charges	-157	-76	-102	-57	-156	-316	Upgrade
Impairment of Goodwill	-577	-577	-	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	1	-1	-174	-73	-362	382	Upgrade
Gain (Loss) on Sale of Assets	-13	-8	18	13	-29	-	Upgrade
Asset Writedown	-72	-69	-29	-30	-	-38	Upgrade
Legal Settlements	-38	-	-	-	-	-	Upgrade
Other Unusual Items	-9	-17	38	-	-20	-	Upgrade
Pretax Income	445	539	991	913	510	964	Upgrade
Income Tax Expense	255	111	289	195	65	397	Upgrade
Earnings From Continuing Operations	190	428	702	718	445	567	Upgrade
Earnings From Discontinued Operations	-2	-29	-7	308	194	-	Upgrade
Net Income to Company	188	399	695	1,026	639	567	Upgrade
Minority Interest in Earnings	-54	-61	-70	-82	-102	-67	Upgrade
Net Income	134	338	625	944	537	500	Upgrade
Net Income to Common	134	338	625	944	537	500	Upgrade
Net Income Growth	-85.06%	-45.92%	-33.79%	75.79%	7.40%	-32.98%	Upgrade
Shares Outstanding (Basic)	216	224	233	236	238	213	Upgrade
Shares Outstanding (Diluted)	218	225	234	237	240	214	Upgrade
Shares Change (YoY)	-4.66%	-4.10%	-1.01%	-1.13%	11.92%	3.48%	Upgrade
EPS (Basic)	0.62	1.51	2.68	4.01	2.26	2.35	Upgrade
EPS (Diluted)	0.61	1.50	2.67	3.99	2.24	2.34	Upgrade
EPS Growth	-84.48%	-43.79%	-33.09%	78.15%	-4.27%	-35.18%	Upgrade
Free Cash Flow	1,240	681	480	948	791	723	Upgrade
Free Cash Flow Per Share	5.69	3.03	2.05	4.00	3.30	3.38	Upgrade
Dividend Per Share	0.500	0.440	0.560	0.680	0.680	0.680	Upgrade
Dividend Growth	13.64%	-21.43%	-17.65%	-	-	-	Upgrade
Gross Margin	18.58%	18.80%	18.09%	18.75%	18.41%	18.79%	Upgrade
Operating Margin	9.31%	9.16%	8.79%	8.57%	9.37%	9.63%	Upgrade
Profit Margin	0.95%	2.40%	4.40%	7.47%	4.55%	4.92%	Upgrade
Free Cash Flow Margin	8.74%	4.83%	3.38%	7.50%	6.70%	7.11%	Upgrade
EBITDA	1,955	1,913	1,826	1,635	1,680	1,509	Upgrade
EBITDA Margin	13.78%	13.58%	12.86%	12.94%	14.23%	14.85%	Upgrade
D&A For EBITDA	635	623	578	552	574	530	Upgrade
EBIT	1,320	1,290	1,248	1,083	1,106	979	Upgrade
EBIT Margin	9.31%	9.16%	8.79%	8.57%	9.37%	9.63%	Upgrade
Effective Tax Rate	57.30%	20.59%	29.16%	21.36%	12.75%	41.18%	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.