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Friday 6 November 2026 Export BWA’s income statement to Excel — free account

BorgWarner Inc.

BWA Consumer Cyclical Auto Parts

BorgWarner Inc.’s revenue for fiscal 2025 (year ended December 2025) was $14.3 billion, up 1.63% from fiscal 2024.

Revenue
−2.90%
EPS
+58.5%
Free cash flow
−28.2%
Total debt
−51.2%

Quarter to September 2026, against a year earlier

47.72 2.68 −5.32%
Market cap
$9.5B
P/E
19.5×
Fwd P/E
10.7×
Dividend yield
1.42%
F-score
6/9
Altman Z
2.85
Beneish M
−2.90
Dividend safety
61/100
Overview Business Profile Earnings & Analysis
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BorgWarner Inc. (BWA) Gross margin

Alert me on Gross margin

BorgWarner Inc.'s gross margin over the twelve months to 30 September 2026 was 19.6%, up 0.9 percentage points from fiscal 2025 (18.7%). Over the past ten years it has ranged from 18.1% (fiscal 2023) to 21.6% (fiscal 2017); the current reading is higher than 27% of that period. That is below the Auto Parts industry median of 22.1% and below the Consumer Cyclical sector median of 34.3%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 18.7% (0.12)
FY2024 18.8% 0.71
FY2023 18.1% (0.66)
FY2022 18.8% 0.34
FY2021 18.4% (0.38)
FY2020 18.8% (1.87)
FY2019 20.7% (0.52)
FY2018 21.2% (0.40)
FY2017 21.6% 0.32
FY2016 21.3% 0.03

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 19.0% (0.78)
Jun 2026 19.8% 0.60
Mar 2026 19.2% (1.30)
Dec 2025 20.5% 1.97
43 more quarters

Against its own ten years

Low 18.1% High 21.6%
Ten-year median 18.8%
Current reading's percentile 56

Gross margin against peers

Company Gross margin
LKQ LKQ Corporation compare 38.1%
GPC Genuine Parts Company compare 37.1%
ALSN Allison Transmission Holdings, Inc. compare 33.9%
MOD Modine Manufacturing Company compare 21.7%
BWA BorgWarner Inc. 19.6%
ALV Autoliv, Inc. compare 19.0%
APTV Aptiv PLC compare 18.8%
LEA Lear Corporation compare 6.91%
AUR Aurora Innovation, Inc. compare −285.7%
Auto Parts industry median 22.1%
Consumer Cyclical sector median 34.3%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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