BorgWarner Inc. (BWA)

NYSE: BWA · USD

$55.8

+0.07 (+0.1%)· Recorded snapshot

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StockMarketAgent Research · Analyzed 2026-09-20

Our latest published analysis: BWA rated Sell

BorgWarner Inc.'s published Sell conclusion compares the analysis-date price with fair value and potential value. Read the full report for assumptions, evidence, and material risks.

Fair value

$39.6 / share

Potential value

$61.1 / share

Upside to FV

-37.4%

from $55.8

Moat

6/10

Narrow

Read full analysis →View archive · 24mo

9-phase methodology · same model in each published edition

Market cap	$12.9B
Revenue (ttm)	14.3B
Net income (ttm)	415M
EPS (ttm)	$1.96
Shares out	203.7M
P/E (trailing)	28.5x
P/E (forward)	12.5x
Dividend	$0.68 (1.23%)
Volume	2,682,582
Beta	1.14

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 14.3B
Net income (ttm): 415M
EPS (ttm): $1.96
P/E (trailing): 28.5x
P/E (forward): 12.5x
Market cap: $12.9B

Item	P1	P2	P3	P4	P5	Trend
Period	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31	Trend
Revenue	$11.80B	$12.64B	$14.20B	$14.09B	$14.32B	+4.9%
Gross profit	$2.17B	$2.37B	$2.57B	$2.65B	$2.67B	+5.3%
Operating income	$914.0M	$1.01B	$1.16B	$546.0M	$536.0M	-12.5%
Net income	$537.0M	$944.0M	$625.0M	$338.0M	$277.0M	-15.3%
EPS (diluted)	$2.24	$3.99	$2.67	$1.50	$1.28	-13.1%
EBITDA	$1.69B	$1.56B	$1.16B	$1.32B	$1.28B	-6.6%
R&D	$586.0M	$701.0M	$717.0M	$736.0M	$710.0M	+4.9%
SG&A	$1.09B	$1.29B	$1.32B	$1.35B	$1.30B	+4.7%

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
AAL	American Airlines Group Inc.	8.3B	—	0.1x	3.0%	+20.0%	-6.9%	보유
ALB	Albemarle Corporation	11.4B	198.9x	1.9x	4.1%	+12.8%	+1.9%	보유
ANET	Arista Networks Inc.	235.7B	59.1x	22.4x	284.8%	+32.0%	+19.7%	매도
ABNB	Airbnb, Inc.	97.8B	37.5x	7.4x	16.8%	+24.4%	+28.5%	매도
AMZN	Amazon.com Inc.	2.7T	20.5x	3.5x	11.9%	+11.8%	+12.2%	매도
APTV	Aptiv PLC	9.1B	42.8x	0.4x	7.8%	+5.5%	-49.2%	매수

Base and Bull scenarios

Base50%

Price target

$39.61

-37.4% from spot

The base case represents the modal expectation, projecting fair value at $39.61 with an assigned probability of 50.0%, representing a return of -37.4% from the analysis price of $63.32 as of $63.32 (as of 2026-09-18). Operating margins normalize toward mid-cycle levels as foundational propulsion components generate reliable cash flow and eProducts scales with global hybrid adoption. Deep integration with major customer platforms preserves baseline market share.

Operating margins normalize toward mid-cycle levels supported by foundational component cash generation
Revenue growth recovers gradually in alignment with global vehicle assembly forecasts
Entrenched integration across key customer platforms maintains multi-year program visibility
Capital expenditures remain disciplined, supporting normalized free cash flow conversion

Bull15%

Price target

$61.06

-3.6% from spot

The upside case projects valuation expanding toward Potential value $61.06, evaluated under a scenario probability of 15.0% and returning -3.6% relative to the analysis price of $63.32 as of $63.32 (as of 2026-09-18). In this trajectory, global automakers accelerate hybrid and plug-in hybrid architecture rollouts where BorgWarner captures expanded component content per vehicle across turbochargers and electric drive modules. Operating leverage lifts margins toward upper-cycle bounds and accelerates share repurchases.

Accelerated hybrid platform adoption expands component content per vehicle
Operating leverage drives consolidated operating margins toward upper-cycle potential
Electrification components achieve operational scale and margin parity with foundational products
Accelerated free cash flow generation enables aggressive common share retirement

Sensitivity: Ke × terminal growth

The highlighted cell is Fair value when every assumption sits at its base level ($39.61). Each row and column shows what Fair value becomes when one assumption moves.

Ke ↓ / g →	1.0%	1.5%	2.0%	2.5%	3.0%
6.0%	$48.6	$51.9	$55.9	$61.1	$68.0
7.0%	$41.7	$43.8	$46.3	$49.3	$53.2
8.0%	$36.6	$38.0	$39.6	$41.7	$44.1
9.0%	$32.6	$33.7	$34.9	$36.2	$37.8
10.0%	$29.5	$30.2	$31.1	$32.1	$33.2

Scorecard

Published factor rows and weighted composite

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E12.5

P25 10.9P50 15.4P75 22.5

Trailing P/E31.2

P25 12P50 17.7P75 28

ROE8.1

P25 -15.1P50 6P75 18

ROIC12.9

P25 -3.5P50 5.2P75 12.7

Benchmarks · 1M

All BWA indicators

Market & fundamental data

Available fields

291

Groups with data

Currency

USD

Showing 291 of 291 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0000908255
Company name	BorgWarner Inc.
Country	United States
Country code	US
CUSIP number	099724106
Earnings date	2026-10-29
Earnings time	bmo
Employees	37,500
Employees change	-800
Employees growth	-2.09%
Enterprise value	$13B
Exchange	NYSE
Financial currency	USD
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Founded	1987
Industry	Auto Parts
IPO date	1993-08-12
Is primary listing	Yes
Is SPAC	No
ISIN number	US0997241064
Last 10-K release date	2026-02-11
Last earnings date	2026-08-05
Last refreshed	2026-10-28
Last stock split date	2013-12-17
Last stock split type	Forward
Market cap	$11.4B
Market cap category	Large-Cap
Next earnings date	2026-10-29
Options	Yes
Price	$55.80
Price currency	USD
Sector	Consumer Discretionary
SIC code	3714
Stock price date	2026-10-28
Symbol	BWA
U.S. state	Michigan
Website	https://www.borgwarner.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	10.63x
Average P/E ratio (10Y)	20.45x
Average P/E ratio (3Y)	25.5x
Average P/E ratio (5Y)	20.46x
Earnings yield	3.51%
EV/Earnings	31x
EV/EBIT	8.97x
EV/EBITDA	6.32x
EV/FCF	10.61x
EV/Sales	0.9x
FCF / EV yield	9.43%
FCF yield	10.78%
Forward EV/Sales	0.89x
Forward P/E	10.22x
Forward P/S	0.78x
Graham number	34.88752
Graham upside	-36.83%
Industry forward P/E	15.95x
Industry P/E	74.94x
Lynch fair value	$9.80
Lynch upside	-82.26%
P/(FCF - SBC) ratio	9.75x
P/(OCF - SBC) ratio	6.75x
P/B ratio	2.02x
P/E ratio	28.47x
P/FCF ratio	9.27x
P/OCF ratio	6.52x
P/S ratio	0.78x
PEG ratio	0.78x
Price / tangible book value	3.49x
Price/EBITDA ratio	5.52x
Sector forward P/E	24.39x
Sector P/E	30.5x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	10%
EBITDA margin	14.19%
Effective tax rate	32.49%
FCF margin	8.46%
Gross margin	19.33%
Operating margin	10%
Pretax margin	4.94%
Profit margin	2.89%
Profit per employee	$11,067
Profitable quarters	2
Profitable years	17
Revenue per employee	$382,507
ROA	6.33%
ROA (5Y)	5%
ROCE	13.54%
ROE	8.06%
ROE (5Y)	7.92%
ROIC	12.9%
ROIC (5Y)	10.27%
SBC / revenue	0.41%
Tax / revenue	1.6%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	105.86%
EPS growth (Q)	30.1%
EPS growth (QoQ)	15.52%
EPS growth 10Y	-3.38%
EPS growth 3Y	-21.47%
EPS growth 5Y	-10.37%
EPS growth quarters	3
EPS growth years	0
FCF growth	3.23%
FCF growth (Q)	-2.39%
FCF growth (QoQ)	5,344.44%
FCF growth 3Y	16.06%
FCF growth 5Y	7.5%
Gross profit growth	6.33%
Gross profit growth (Q)	12.66%
Gross profit growth 3Y	3.46%
Gross profit growth 5Y	-0.69%
Net income growth	97.62%
Net income growth (Q)	23.66%
Net income growth (QoQ)	14.46%
Net income growth 3Y	-24.1%
Net income growth 5Y	-11.88%
Net income growth quarters	3
Net income growth years	0
OCF growth	2.25%
OCF growth (Q)	1.21%
OCF growth (QoQ)	285.53%
OCF growth 10Y	6.59%
OCF growth 3Y	4.63%
OCF growth 5Y	3.13%
Operating income growth	11.41%
Operating income growth (Q)	19.75%
Operating income growth 3Y	5.85%
Operating income growth 5Y	-2.3%
Revenue growth	2.16%
Revenue growth (Q)	0.28%
Revenue growth (QoQ)	3.26%
Revenue growth 10Y	5.24%
Revenue growth 3Y	1.8%
Revenue growth 5Y	0.16%
Revenue growth quarters	5
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-512M
Depreciation and amortization	$601M
EBIT	$1.4B
EBITDA	$2B
EPS	$1.96
FCF per share	$5.96
Financing cash flow	$-878M
Free cash flow	$1.2B
Free cash flow minus SBC	$1.2B
Gross profit	$2.8B
Income taxes	$230M
Investing cash flow	$-435M
Net borrowing	$-9M
Net cash flow	$407M
Net income	$415M
Operating cash flow minus SBC	$1.7B
Operating income	$1.4B
Revenue	$14.3B
Stock-based compensation	$59M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	3.17
Book value per share	$27.60
Debt / EBITDA	1.93
Debt / equity	0.7
Debt / FCF	3.35
Goodwill	$2B
Interest coverage	14.79
Long-term assets	$6.8B
Long-term liabilities	$4.8B
Net cash (debt)	$-1.6B
Net cash / market cap	-14.38%
Net debt / EBITDA	0.79
Net debt / equity	0.28
Net debt / FCF	1.33
Piotroski F-Score	8
Property, plant and equipment	$3.4B
Shareholders' equity	$5.8B
Tangible book value	$3.2B
Tangible book value per share	$15.81
Total assets	$13.9B
Total cash	$2.4B
Total debt	$4.1B
Total liabilities	$8.1B
WACC	8.16%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	1.01
Current assets	$7.1B
Current liabilities	$3.3B
Current ratio	2.13
Inventory turnover	9.45
Net working capital	$1.3B
Quick ratio	1.66
Working capital	$3.8B
Working capital turnover	3.99

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	4.05%
Dividend growth	36%
Dividend growth (10Y)	2.72%
Dividend growth (3Y)	3.13%
Dividend growth (5Y)	0%
Dividend growth years	1
Dividend payment date	2026-09-15
Dividend payment years	14
Dividend payout frequency	Quarterly
Dividend per share	$0.68
Dividend yield	1.23%
Ex-dividend date	2026-09-01
FCF payout ratio	11.42%
Last dividend	$0.17
Payout ratio	34.69%
Shareholder yield	5.29%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	54.88%
10Y return CAGR	7.42%
10Y total return	104.58%
150-day SMA	$62.98
15Y price change	43.17%
15Y return CAGR	4.59%
15Y total return	95.98%
1D price change	0.12%
1M price change	-10.49%
1M total return	-10.49%
1W price change	-6.28%
1W total return	-6.28%
1Y price change	26.68%
1Y return CAGR	28.22%
1Y total return	28.2%
20-day SMA	$58.81
200-day SMA	$60.57
20Y price change	276.91%
20Y return CAGR	8.71%
20Y total return	431.44%
3M price change	-13.8%
3M total return	-13.57%
3Y price change	49.65%
3Y return CAGR	15.89%
3Y total return	55.64%
50-day SMA	$61.82
50-day SMA vs 200-day SMA	50over200
52-week high	$78.82
52-week high date	2026-06-03
52-week low	$40.73
52-week low date	2025-11-20
5Y price change	22.77%
5Y return CAGR	8.4%
5Y total return	49.65%
6M price change	-0.9%
6M total return	-0.4%
All-time high	$78.82
All-time high date	2026-06-03
All-time low	$2.56
All-time low date	1993-09-15
Average true range (ATR)	$1.75
Average volume	2.6M
Beta (1Y)	0.4
Beta (2Y)	0.68
Beta (5Y)	1.14
Change from 52-week high	-29.21%
Change from 52-week low	36.99%
Change from all-time high	-30.36%
Change from all-time low	2,041.63%
Change from open	-0.01%
Day's gap	0.13%
Dollar volume	$149.7M
High price	$55.98
Low price	$54.51
Monthly RSI	55.76
Open price	$55.80
Position in 52-week range	87.41%
Premarket change	1.99%
Premarket close	$55.73
Premarket price	$56.84
Previous close	$55.73
Price vs 150-day SMA	-12.85%
Price vs 20-day SMA	-6.67%
Price vs 200-day SMA	-9.37%
Price vs 50-day SMA	-11.2%
Relative volume	1.02
RSI	31.34
Sharpe ratio	0.7
Sharpe ratio (3Y)	0.44
Sharpe ratio (5Y)	0.28
Sortino ratio	1.41
Sortino ratio (3Y)	0.86
Sortino ratio (5Y)	0.58
Volume	2.7M
Weekly RSI	39.35
YTD price change	21.82%
YTD total return	22.79%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	201.6M
Float percentage	99%
Shares change (QoQ)	-0.96%
Shares change (YoY)	-4.05%
Shares held by insiders	0.88%
Shares held by institutions	106.81%
Shares outstanding	203.7M
Short % of float	3.52%
Short % of shares	3.48%
Short ratio	3 days

Deeper analysis on BWA

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Quote this valuation with its source: Fair value, Potential value and the price at analysis.

Frequently asked questions

About this BWA report

What is the latest published BWA stock rating?

BorgWarner Inc. is shown with Sell in the latest published report, analyzed 2026-09-20. The hub links directly to the full analysis surface where the dated rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full BWA analysis?

The full latest published report, analyzed 2026-09-20, lives at /stocks/BWA/analysis. The bare ticker page summarizes that read and links to each analysis tab; earlier editions remain under /analysis/archive.

What fair value is used for BWA?

The latest published report analyzed 2026-09-20 gives BWA a fair value of USD 40 and a potential value of USD 61. These are dated research outputs, not live market prices; review the valuation assumptions, sensitivity analysis, and material risks before making a decision.

How often is the BWA page updated?

The hub selects the latest published stock report regardless of age and displays its analysis date (2026-09-20). Separately sourced market data is labeled with its own recorded timestamp and is never inferred from the report.

SellBWA · Fair value $39.6-37.4%

Read full analysis →

BorgWarner Inc. (BWA)

Our latest published analysis: BWA rated Sell

Price

Financial snapshot

Fair-value bridge

Latest news · BWA

Valuation

Profitability

Balance sheet

Trading

Base and Bull scenarios

Sensitivity: Ke × terminal growth

Scorecard

Next earnings

Sector percentile context

All BWA indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on BWA

Frequently asked questions

등급 이력

Category	Score	Reading
Valuation	1.5
Management	6.5
Balance Sheet	7.5
Profitability	5.0
Revenue Growth	4.5
Risk Assessment	7.0
Competitive Moat	6.0
Earnings Quality	9.0
Capital Efficiency	5.5