BorgWarner Inc.

BWA

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
14,086
Cost of Revenue
11,438
Gross Profit
2,648
Gross Margin
18.8%
Operating Income
546
Operating Margin
3.9%
Net Income
338
Net Margin
2.4%
EPS (Basic)
$1.51
EPS (Diluted)
$1.50
EBITDA
1,319
EBITDA Margin
9.4%

2023

12/31/2023

Revenue
14,198
Cost of Revenue
11,630
Gross Profit
2,568
Gross Margin
18.1%
Operating Income
1,160
Operating Margin
8.2%
Net Income
625
Net Margin
4.4%
EPS (Basic)
$2.72
EPS (Diluted)
$2.67
EBITDA
1,671
EBITDA Margin
11.8%

2022

12/31/2022

Revenue
15,801
Cost of Revenue
12,700
Gross Profit
3,101
Gross Margin
19.6%
Operating Income
781
Operating Margin
4.9%
Net Income
944
Net Margin
6.0%
EPS (Basic)
$4.01
EPS (Diluted)
$3.99
EBITDA
1,635
EBITDA Margin
10.3%

2021

12/31/2021

Revenue
14,838
Cost of Revenue
11,983
Gross Profit
2,855
Gross Margin
19.2%
Operating Income
635
Operating Margin
4.3%
Net Income
537
Net Margin
3.6%
EPS (Basic)
$2.26
EPS (Diluted)
$2.24
EBITDA
1,688
EBITDA Margin
11.4%

2020

12/31/2020

Revenue
10,165
Cost of Revenue
8,255
Gross Profit
1,910
Gross Margin
18.8%
Operating Income
87
Operating Margin
0.9%
Net Income
500
Net Margin
4.9%
EPS (Basic)
$2.35
EPS (Diluted)
$2.34
EBITDA
1,585
EBITDA Margin
15.6%