BorgWarner Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	14,316	14,086	14,198	12,635	11,803
Revenue Growth (YoY)	1.63%	-0.79%	12.37%	7.05%	16.11%
Cost of Revenue	11,654	11,438	11,630	10,266	9,630
Gross Profit	2,662	2,648	2,568	2,369	2,173
Selling, General & Admin	1,315	1,363	1,331	1,290	1,078
Other Operating Expenses	-4	-5	-11	-4	-11
Operating Expenses	1,311	1,358	1,320	1,286	1,067
Operating Income	1,351	1,290	1,248	1,083	1,106
Interest Expense	-99	-84	-73	-71	-82
Interest & Investment Income	60	54	35	20	11
Earnings From Equity Investments	35	27	30	28	42
EBT Excluding Unusual Items	1,347	1,287	1,240	1,060	1,077
Merger & Restructuring Charges	-177	-76	-102	-57	-156
Impairment of Goodwill	-410	-577	-	-	-
Gain (Loss) on Sale of Investments	-13	-1	-174	-73	-362
Gain (Loss) on Sale of Assets	-11	-8	18	13	-29
Asset Writedown	-175	-69	-29	-30	-
Legal Settlements	-40	-	-	-	-
Other Unusual Items	-18	-17	38	-	-20
Pretax Income	524	539	991	913	510
Income Tax Expense	189	111	289	195	65
Earnings From Continuing Operations	335	428	702	718	445
Earnings From Discontinued Operations	-	-29	-7	308	194
Net Income to Company	335	399	695	1,026	639
Minority Interest in Earnings	-58	-61	-70	-82	-102
Net Income	277	338	625	944	537
Net Income to Common	277	338	625	944	537
Net Income Growth	-18.05%	-45.92%	-33.79%	75.79%	7.40%
Shares Outstanding (Basic)	214	224	233	236	238
Shares Outstanding (Diluted)	216	225	234	237	240
Shares Change (YoY)	-3.74%	-4.10%	-1.01%	-1.13%	11.92%
EPS (Basic)	1.29	1.51	2.68	4.01	2.26
EPS (Diluted)	1.28	1.50	2.67	3.99	2.24
EPS Growth	-14.72%	-43.79%	-33.09%	78.15%	-4.27%
Free Cash Flow	1,179	681	480	948	791
Free Cash Flow Per Share	5.45	3.03	2.05	4.00	3.30
Dividend Per Share	0.560	0.440	0.560	0.680	0.680
Dividend Growth	27.27%	-21.43%	-17.65%	-	-
Gross Margin	18.59%	18.80%	18.09%	18.75%	18.41%
Operating Margin	9.44%	9.16%	8.79%	8.57%	9.37%
Profit Margin	1.93%	2.40%	4.40%	7.47%	4.55%
Free Cash Flow Margin	8.24%	4.83%	3.38%	7.50%	6.70%
EBITDA	1,980	1,913	1,826	1,635	1,680
EBITDA Margin	13.83%	13.58%	12.86%	12.94%	14.23%
D&A For EBITDA	629	623	578	552	574
EBIT	1,351	1,290	1,248	1,083	1,106
EBIT Margin	9.44%	9.16%	8.79%	8.57%	9.37%
Effective Tax Rate	36.07%	20.59%	29.16%	21.36%	12.75%

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