Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
BWA · NYSE · United States · Motor Vehicle Parts & Accessories
In shortBORGWARNER INC is profitable, generates cash and carries moderate debt, with revenue stable (+1.6% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 3.7% | 29/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 1.9% | 28/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 5.0% | 25/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 3.7% | 24/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 2.07× | 100/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.72× | 71/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 1.26× | 78/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 5.41× | 37/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 4.19 | 79/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 8.2% | 53/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 4.26× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 7.1% | 85/100 |
| Operating margin volatility | 2.3% | 88/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 4.3% | 40/100 |
|---|---|---|
| EPS growth, 3-year average | -31.5% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 11,803 | 12,635 | 14,198 | 14,086 | 14,316 |
| Cost of revenue | 9,630 | 10,266 | 11,630 | 11,438 | 11,642 |
| Gross profit | 2,173 | 2,369 | 2,568 | 2,648 | 2,674 |
| Research & development | 586 | 701 | 717 | 736 | 710 |
| Selling, general & admin | 1,085 | 1,290 | 1,316 | 1,350 | 1,304 |
| Operating income | 914 | 1,009 | 1,160 | 546 | 536 |
| Interest expense | 82 | 71 | 73 | 84 | 99 |
| Pre-tax income | 510 | 913 | 991 | 539 | 524 |
| Income tax | 65 | 195 | 289 | 111 | 189 |
| Net income | 537 | 944 | 625 | 338 | 277 |
| Diluted EPS | $2.24 | $3.99 | $2.67 | $1.50 | $1.28 |
| Diluted shares (millions) | 240 | 237 | 234 | 225 | 216 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of BORGWARNER INC are included in the Investor plan. Try free for 7 days →
4.19 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 5, 2026