Borgwarner BWA
NYSE · Motor Vehicle Parts & Accessories · $10.3B$47.53−5.69%Nov 5 close · Databento
BWA Wire Story Reactions & EOD Technical StudyDaily closes (Databento EOD) pinned with every AlgoThesis Wire story (dot colour = next trading day close) and SEC filing
Nov 5, 2026CLOSE $47.531D −5.69%3M −31.39%SMA20 $55.75SMA50 $60.10RSI(14) 18.1
47.53
RSI (14, Wilder EOD) · 70 Overbought / 30 OversoldRSI 18.1
Data provided by Databento (end of day). Next close = the first close after a story against the close before it; official daily closes only, not a call, not advice.
The numbers
fiscal 2025, as filed with the SEC · 66-metric EOD snapshot via DatabentoMarket cap$10.3B
Enterprise value$11.8B
Revenue$14.3B +1.6%
Gross margin18.7%
ROIC4.8%
EPS, diluted$1.28 −14.7%
Modern Valuation (EOD)
Market Cap$10.3B
Enterprise Value$11.8B
EV / True FCF—
EV / FCF—
EV / Gross Profit4.43
EV / EBIT22.10
EV / Sales0.83
P / E (GAAP)37.06
P / FCF—
P / Oper. CF6.23
P / Book1.83
Owner & Cash Yields
True FCF Yield—
FCF Yield—
Owner Earn. Yield—
Earnings Yield2.7%
Shareholder Yield+5.5%
Buyback Yield4.9%
Dividend Yield1.18%
Dividend / sh$0.56
Payout Ratio43%
FCF / sh—
EPS (diluted)$1.28
Compounder & Returns
Rule of 40—
ROIC4.8%
Cash ROIC (CROIC)—
GP / Assets19.4%
ROE4.9%
ROA2.0%
Gross Margin18.7%
Oper. Margin3.7%
Net Margin1.9%
FCF Margin—
True FCF Margin—
Quality & Dilution
Cash Conversion—
Accrual Ratio−10.0%
SBC % of FCF—
SBC % of Rev0.5%
Reinvest. Rate43%
Sales Growth Y/Y+1.6%
Sales 3Y CAGR+4.3%
EPS Growth Y/Y−14.7%
FCF Growth Y/Y—
FCF 3Y CAGR—
Share Change Y/Y−3.7%
Balance Sheet & Scale
Revenue (FY)$14.3B
Gross Profit (FY)$2.7B
Oper. Income (FY)$536.0M
GAAP Net Income$277.0M
True FCF (ex-SBC)—
Cash & Equiv$2.3B
Total Debt$3.9B
Net Cash (Debt)$-1.6B
Net Cash % MCap−15.4%
Debt / FCF (yrs)—
Current Ratio2.07200.81M sh
Price & Technicals (EOD)
Perf Week−10.83%
Perf Month−23.78%
Perf Quarter−30.53%
Perf Half Y−18.31%
Perf YTD−14.71%
SMA 20 Dist−14.74%$55.75
SMA 50 Dist−20.92%$60.10
SMA 100 Dist−24.65%$63.08
Window High−38.30%$77.03
Window Low0.00%$47.53
RSI (14) · Vol18.132%v
Income Distribution & Cash Flow ConversionHow every dollar of BWA revenue flows through cost of goods, operating expenses, taxes, GAAP net income, and dilution-adjusted free cash flow
Where Every $100 of Revenue Goes (FY2025)
Cost of Revenue (COGS)$11.6B ($81.3 / $100)
R&D Reinvestment$710.0M ($5.0 / $100)
SG&A & Other OpEx$1.4B ($10.0 / $100)
Tax & Non-Operating$259.0M ($1.8 / $100)
Net Profit Kept$277.0M ($1.9 / $100)
Earnings Quality: GAAP Profit → True Owner Cash (FY2025)
GAAP Net Income$277.0M (1.9% margin)
Operating Cash Flow (OCF)$1.6B(11.5% of rev)
Less: Capital Expenditures—
Standard Free Cash Flow (FCF)—
Less: Stock-Based Comp (SBC)−$66.0M
True FCF (Owner Cash ex-SBC)—
Revenue by fiscal year
Operating leverage — margins
GrossOperatingNet
| Line Item (USD) | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY Δ | 4Y CAGR | Trend |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | $11.8B | $12.6B | $14.2B | $14.1B | $14.3B | +1.6% | +4.9% | |
| Cost of Revenue (COGS) | $9.6B | $10.3B | $11.6B | $11.4B | $11.6B | +1.8% | +4.9% | |
| Gross Profit | $2.2B | $2.4B | $2.6B | $2.6B | $2.7B | +1.0% | +5.3% | |
| Research & Development (R&D) | $586.0M | $701.0M | $717.0M | $736.0M | $710.0M | −3.5% | +4.9% | |
| Selling, General & Admin (SG&A) | $1.1B | $1.3B | $1.3B | $1.4B | $1.3B | −3.4% | +4.7% | |
| Total Operating Expenses | $1.3B | $1.4B | $1.4B | $2.1B | $2.1B | +1.7% | +14.2% | |
| Operating Income (EBIT) | $914.0M | $1.0B | $1.2B | $546.0M | $536.0M | −1.8% | −12.5% | |
| Income Tax Expense | $65.0M | $195.0M | $289.0M | $111.0M | $189.0M | +70.3% | +30.6% | |
| GAAP Net Income | $537.0M | $944.0M | $625.0M | $338.0M | $277.0M | −18.0% | −15.3% | |
| Diluted EPS | $2.24 | $3.99 | $2.67 | $1.50 | $1.28 | −14.7% | −13.1% | |
| Diluted Shares | 239.5M | 236.8M | 234.4M | 224.8M | 216.4M | −3.7% | −2.5% | |
| Balance Sheet | ||||||||
| Cash & Equivalents | $1.8B | $1.3B | $1.5B | $2.1B | $2.3B | +10.5% | +5.8% | |
| Inventory | $1.5B | $1.2B | $1.3B | $1.3B | $1.2B | −3.5% | −5.8% | |
| Total Current Assets | $6.6B | $6.6B | $6.2B | $6.5B | $6.8B | +4.2% | +0.7% | |
| Total Assets | $16.6B | $17.0B | $14.5B | $14.0B | $13.8B | −1.6% | −4.5% | |
| Total Current Liabilities | $3.8B | $4.2B | $3.8B | $3.6B | $3.3B | −10.0% | −3.6% | |
| Total Debt (Short + Long Term) | $4.3B | $4.1B | $3.7B | $4.1B | $3.9B | −5.0% | −2.2% | |
| Total Liabilities | $9.3B | $9.5B | $8.4B | $8.3B | $8.2B | −1.6% | −3.3% | |
| Stockholders' Equity | $7.3B | $7.5B | $6.1B | $5.7B | $5.6B | −1.6% | −6.2% | |
| Net Cash / (Net Debt) | $-2.4B | $-2.8B | $-2.2B | $-2.0B | $-1.6B | +21.1% | — | |
| Invested Capital | $9.7B | $10.3B | $8.2B | $7.7B | $7.2B | −6.7% | −7.1% | |
| Cash Flow & Capital Allocation | ||||||||
| Operating Cash Flow (OCF) | $1.3B | $1.6B | $1.4B | $1.4B | $1.6B | +19.2% | +6.0% | |
| Depreciation & Amortization (D&A) | $574.0M | $552.0M | $582.0M | $673.0M | $719.0M | +6.8% | +5.8% | |
| Stock-Based Compensation (SBC) | $50.0M | $64.0M | $58.0M | $62.0M | $66.0M | +6.5% | +7.2% | |
| Share Repurchases (Buybacks) | $0 | $240.0M | $177.0M | $402.0M | $508.0M | +26.4% | — | |
| Dividends Paid | $162.0M | $161.0M | $130.0M | $98.0M | $119.0M | +21.4% | −7.4% | |
Fundamentals, income distribution and multi-year statements from SEC EDGAR filings (public domain). Valuation multiples, performance and technicals computed from Databento 1D EOD closes. For information only, not investment advice.
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