BorgWarner Inc. (BWA)

BorgWarner Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	14,198	12,635	11,803	10,165	10,168
Revenue Growth (YoY)	12.37%	7.05%	16.11%	-0.03%	-3.44%
Cost of Revenue	11,630	10,266	9,630	8,255	8,067
Gross Profit	2,568	2,369	2,173	1,910	2,101
Selling, General & Admin	1,316	1,290	1,085	951	873
Other Operating Expenses	92	70	174	341	-75
Operating Expenses	1,408	1,360	1,259	1,292	798
Operating Income	1,160	1,009	914	618	1,303
Interest Expense / Income	10	51	91	61	43
Other Expense / Income	236	-181	221	-340	46
Pretax Income	914	1,139	602	897	1,214
Income Tax	289	195	65	397	468
Net Income	625	944	537	500	746
Net Income Growth	-33.79%	75.79%	7.40%	-32.98%	-19.87%
Shares Outstanding (Basic)	233	236	238	213	206
Shares Outstanding (Diluted)	234	237	240	214	207
Shares Change	-1.01%	-1.13%	11.92%	3.48%	-1.29%
EPS (Basic)	2.68	4.01	2.25	2.35	3.63
EPS (Diluted)	2.67	3.99	2.24	2.34	3.61
EPS Growth	-33.08%	78.13%	-4.27%	-35.18%	-18.69%
Free Cash Flow	595	578	702	739	536
Free Cash Flow Per Share	2.56	2.45	2.95	3.47	2.61
Dividend Per Share	0.560	0.680	0.680	0.680	0.680
Dividend Growth	-17.65%	0%	0%	0%	0%
Gross Margin	18.09%	18.75%	18.41%	18.79%	20.66%
Operating Margin	8.17%	7.99%	7.74%	6.08%	12.81%
Profit Margin	4.40%	7.47%	4.55%	4.92%	7.34%
Free Cash Flow Margin	4.19%	4.57%	5.95%	7.27%	5.27%
Effective Tax Rate	31.62%	17.12%	10.80%	44.26%	38.55%
EBITDA	924	1,190	693	958	1,257
EBITDA Margin	6.51%	9.42%	5.87%	9.42%	12.36%
EBIT	924	1,190	693	958	1,257
EBIT Margin	6.51%	9.42%	5.87%	9.42%	12.36%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).