← BORGWARNER INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $9.1b | $9.8b | $10.5b | $10.2b | $10.2b | $14.8b | $15.8b | $14.2b | $14.1b | $14.3b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | — | — | — | — | — | $14.2b | $14.1b | $14.3b | |
| Cost of Revenue | $7.1b | $7.7b | $8.3b | $8.1b | $8.3b | $12.0b | $12.7b | $11.6b | $11.4b | $11.6b | |
| Gross Profit | $1.9b | $2.1b | $2.2b | $2.1b | $1.9b | $2.9b | $3.1b | $2.6b | $2.6b | $2.7b | |
| Operating expenses: | |||||||||||
| Operating Income (Loss) | $225.9m | $1.1b | $1.2b | $1.3b | $618.0m | $1.2b | $1.4b | $1.2b | $546.0m | $536.0m | |
| Additional Financial Items | |||||||||||
| Income (Loss) from Equity Method Investments | $42.9m | $51.2m | $48.9m | $32.0m | $18.0m | $48.0m | $38.0m | $30.0m | $27.0m | $35.0m | |
| Investment Income, Interest | $6.3m | $5.8m | $6.4m | $12.0m | $12.0m | $12.0m | $26.0m | $35.0m | $54.0m | $60.0m | |
| Amortization of Intangible Assets | $40.4m | $40.0m | $40.1m | $39.0m | $89.0m | $88.0m | $97.0m | $67.0m | $69.0m | $66.0m | |
| Debt and Equity Securities, Gain (Loss) | — | — | — | — | — | ($362.0m) | ($73.0m) | ($174.0m) | ($1.0m) | $3.0m | |
| Debt and Equity Securities, Unrealized Gain (Loss) | — | — | — | — | — | ($362.0m) | ($73.0m) | ($174.0m) | ($1.0m) | $3.0m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | $73.0m | — | $1.0m | $16.0m | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | ($14.0m) | $0 | $0 | — | — | — | — | |
| Goodwill, Impairment Loss | — | — | — | — | — | — | — | — | $577.0m | $423.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($724.7m) | $203.0m | $220.0m | $310.0m | $437.0m | ($423.0m) | $51.0m | ($316.0m) | ($303.0m) | ($177.0m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | — | — | — | — | — | $1 | $3 | $3 | $2 | $1 | |
| Income (Loss) from Continuing Operations, Per Diluted Share | — | — | — | — | — | $1 | $3 | $3 | $2 | $1 | |
| Other Operating Income | $225.9m | $1.1b | $4.1m | $2.0m | $4.0m | $9.0m | $1.4b | $1.2b | $546.0m | $536.0m | |
| Reclassification from AOCI, Current Period, before Tax, Attributable to Parent | — | — | — | — | ($17.0m) | ($18.0m) | ($7.0m) | ($3.0m) | $42.0m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $190.5m | $1.1b | $1.2b | $1.3b | $964.0m | $789.0m | $1.3b | $991.0m | $539.0m | $524.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $102.0m | $82.0m | $632.0m | $367.0m | $277.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $102.0m | $82.0m | $702.0m | $428.0m | $335.0m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $102.0m | $82.0m | ($7.0m) | ($29.0m) | $0 | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $194.0m | $308.0m | $7.0m | $29.0m | $0 | |
| Net Income (Loss) Attributable to Parent | $118.5m | $439.9m | $930.7m | $746.0m | $500.0m | $537.0m | $944.0m | $625.0m | $338.0m | $277.0m | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $41.7m | $43.4m | $53.9m | $51.0m | $67.0m | $102.0m | $82.0m | — | $539.0m | $524.0m | |
| Earnings Per Share, Basic | $0.55 | $2.09 | $4.47 | $3.63 | $2.35 | $2.25 | $4.01 | $2.68 | $1.51 | $1.29 | |
| Earnings Per Share, Diluted | $0.55 | $2.08 | $4.44 | $3.61 | $2.34 | $2.24 | $3.99 | $2.67 | $1.50 | $1.28 | |
| Common Stock, Dividends, Per Share, Declared | $0.53 | $0.59 | $0.68 | $0.00 | $0.68 | $0.68 | $0.68 | $0.56 | $0.44 | $0.56 | |
| Weighted Average Number of Shares Outstanding, Basic | 214.4m | 210.4m | 208.2m | 205.7m | 213.0m | 238.1m | 235.5m | 232.8m | 223.5m | 214.2m | |
| Weighted Average Number of Shares Outstanding, Diluted | 215.3m | 211.5m | 209.5m | 206.8m | 214.0m | 239.5m | 236.8m | 234.4m | 224.8m | 216.4m | |
| Research and Development Expense | $343.2m | $407.5m | $440.1m | $413.0m | $476.0m | $707.0m | $786.0m | $717.0m | $736.0m | $710.0m | |
| Selling, General and Administrative Expense | $817.5m | $898.5m | $945.7m | $873.0m | $951.0m | $1.5b | $1.6b | $1.3b | $1.4b | $1.3b | |
| Other Nonoperating Income (Expense) | $4.2m | $300k | ($3.3m) | $0 | $0 | — | — | — | — | — | |
| Business Combination, Acquisition Related Costs | $23.7m | $10.0m | — | — | — | — | $40.0m | $23.0m | — | — | |
| Current Income Tax Expense (Benefit) | $295.2m | $288.4m | $281.3m | $281.0m | $273.0m | $326.0m | $358.0m | $349.0m | $267.0m | $322.0m | |
| Interest Expense, Debt | — | — | — | — | — | $105.0m | $78.0m | $73.0m | $84.0m | $99.0m | |
| Restructuring Costs | $12.0m | $27.0m | $33.0m | $30.0m | $135.0m | $123.0m | $45.0m | $66.0m | $6.0m | $36.0m | |
| Income Tax Expense (Benefit) | $30.3m | $580.3m | $211.3m | $468.0m | $397.0m | $150.0m | $292.0m | $289.0m | $111.0m | $189.0m | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | $0 | $0 | — | ($27.0m) | ($4.0m) | — | — | — | — | — | |
| Interest Income (Expense), Net | — | — | — | — | — | ($93.0m) | ($52.0m) | ($10.0m) | ($20.0m) | ($39.0m) | |
| Interest Income (Expense), Nonoperating, Net | — | — | — | — | — | — | — | — | ($20.0m) | ($39.0m) | |
| Net Periodic Defined Benefits Expense (Reversal of Expense), Excluding Service Cost Component | — | — | ($9.4m) | $27.0m | ($7.0m) | ($45.0m) | ($31.0m) | $15.0m | $13.0m | $11.0m | |
| Other Operating Income (Expense), Net | ($889.7m) | ($144.5m) | ($93.8m) | $75.0m | ($341.0m) | ($81.0m) | ($58.0m) | ($13.0m) | ($32.0m) | ($109.0m) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.