BWA - BorgWarner Inc.
NYSE
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Consumer Cyclical
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Auto Parts
Auburn Hills,
United States
Type: Equity
BWA price evolution
BWA
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1534 | $949 | $848 | $950 |
| Short term investments | ||||
| Net receivables | $3109 | $3351 | $3856 | $3566 |
| Inventory | $1313 | $1328 | $1860 | $1800 |
| Total current assets | $6217 | $5900 | $6876 | $6607 |
| Long term investments | $364 | $624 | $835 | $895 |
| Property, plant & equipment | $3783 | $3569 | $4482 | $4463 |
| Goodwill & intangible assets | $3577 | $3493 | $4406 | $4453 |
| Total noncurrent assets | $8236 | $8204 | $10441 | $10510 |
| Total investments | $364 | $624 | $835 | $895 |
| Total assets | $14453 | $14104 | $17317 | $17117 |
| Current liabilities | ||||
| Accounts payable | $2546 | $2396 | $2725 | $2676 |
| Deferred revenue | ||||
| Short long term debt | $73 | $63 | $65 | $62 |
| Total current liabilities | $3767 | $3573 | $4235 | $4148 |
| Long term debt | $3707 | $3665 | $4191 | $4175 |
| Total noncurrent liabilities | $4620 | $4524 | $5301 | $5290 |
| Total debt | $3780 | $3728 | $4256 | $4237 |
| Total liabilities | $8387 | $8097 | $9536 | $9438 |
| Shareholders' equity | ||||
| Retained earnings | $6152 | $6010 | $7796 | $7632 |
| Other shareholder equity | -$828 | -$915 | -$898 | -$824 |
| Total shareholder equity | $5828 | $5768 | $7551 | $7441 |
| (in millions $) | 31 Dec 2023 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $1534 | $1338 | $1844 | $1650 |
| Short term investments | ||||
| Net receivables | $3109 | $3339 | $2898 | $2919 |
| Inventory | $1313 | $1687 | $1534 | $1286 |
| Total current assets | $6217 | $6617 | $6597 | $6167 |
| Long term investments | $364 | $896 | $530 | $820 |
| Property, plant & equipment | $3783 | $4564 | $4395 | $4591 |
| Goodwill & intangible assets | $3577 | $4448 | $4370 | $3723 |
| Total noncurrent assets | $8236 | $10377 | $9978 | $9862 |
| Total investments | $364 | $896 | $530 | $820 |
| Total assets | $14453 | $16994 | $16575 | $16029 |
| Current liabilities | ||||
| Accounts payable | $2546 | $2684 | $2276 | $2352 |
| Deferred revenue | ||||
| Short long term debt | $73 | $62 | $66 | $49 |
| Total current liabilities | $3767 | $4236 | $3798 | $3810 |
| Long term debt | $3707 | $4166 | $4261 | $3738 |
| Total noncurrent liabilities | $4620 | $5250 | $5515 | $5495 |
| Total debt | $3780 | $4228 | $4327 | $3787 |
| Total liabilities | $8387 | $9770 | $9313 | $9305 |
| Shareholders' equity | ||||
| Retained earnings | $6152 | $7454 | $6671 | $6296 |
| Other shareholder equity | -$828 | -$876 | -$551 | -$651 |
| Total shareholder equity | $5828 | $7224 | $6948 | $6428 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $3522 | $3622 | $4520 | $4180 |
| Cost of revenue | $2863 | $2970 | $3652 | $3430 |
| Gross Profit | $659 | $652 | $868 | $750 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $353 | $330 | $422 | $384 |
| Total operating expenses | $378 | $380 | $485 | $410 |
| Operating income | $281 | $272 | $383 | $340 |
| Income from continuing operations | ||||
| EBIT | $220 | $164 | $322 | $314 |
| Income tax expense | $59 | $133 | $106 | $87 |
| Interest expense | $7 | -$19 | $12 | $10 |
| Net income | ||||
| Net income | $154 | $50 | $204 | $217 |
| Income (for common shares) | $154 | $50 | $204 | $217 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $14198 | $15801 | $14838 | $10165 |
| Cost of revenue | $11630 | $12700 | $11983 | $8255 |
| Gross Profit | $2568 | $3101 | $2855 | $1910 |
| Operating activities | ||||
| Research & development | ||||
| Selling, general & administrative | $1316 | $1610 | $1460 | $951 |
| Total operating expenses | $1408 | $1727 | $1704 | $1292 |
| Operating income | $1160 | $1374 | $1151 | $618 |
| Income from continuing operations | ||||
| EBIT | $924 | $1288 | $780 | $970 |
| Income tax expense | $289 | $292 | $150 | $397 |
| Interest expense | $10 | $52 | $93 | $73 |
| Net income | ||||
| Net income | $625 | $944 | $537 | $500 |
| Income (for common shares) | $625 | $944 | $537 | $500 |
| (in millions $) | 31 Dec 2023 | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 |
|---|---|---|---|---|
| Net income | $154 | $50 | $204 | $217 |
| Operating activities | ||||
| Depreciation | ||||
| Business acquisitions & disposals | -$69 | -$1 | -$11 | -$19 |
| Stock-based compensation | ||||
| Total cash flows from operations | $953 | $176 | $280 | -$12 |
| Investing activities | ||||
| Capital expenditures | -$207 | -$91 | -$228 | -$276 |
| Investments | $221 | $76 | $13 | |
| Total cash flows from investing | -$55 | -$102 | -$240 | -$282 |
| Financing activities | ||||
| Dividends paid | -$25 | -$26 | -$40 | -$39 |
| Sale and purchase of stock | -$177 | |||
| Net borrowings | $4 | -$439 | -$1 | |
| Total cash flows from financing | -$243 | $13 | -$117 | -$90 |
| Effect of exchange rate | $15 | $14 | -$25 | -$4 |
| Change in cash and equivalents | $585 | $101 | -$102 | -$388 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | $625 | $944 | $537 | $500 |
| Operating activities | ||||
| Depreciation | $568 | |||
| Business acquisitions & disposals | -$100 | -$285 | -$737 | -$449 |
| Stock-based compensation | $41 | |||
| Total cash flows from operations | $1397 | $1569 | $1306 | $1184 |
| Investing activities | ||||
| Capital expenditures | -$802 | -$700 | -$654 | -$445 |
| Investments | $309 | -$433 | -$9 | $8 |
| Total cash flows from investing | -$679 | -$1418 | -$1395 | -$866 |
| Financing activities | ||||
| Dividends paid | -$130 | -$161 | -$162 | -$146 |
| Sale and purchase of stock | -$177 | -$240 | -$216 | |
| Net borrowings | -$436 | -$8 | $568 | $855 |
| Total cash flows from financing | -$437 | -$567 | $286 | $437 |
| Effect of exchange rate | -$90 | -$3 | $63 | |
| Change in cash and equivalents | $196 | -$506 | $194 | $818 |
News
Fundamentals
| Market cap | $7.38B |
|---|---|
| Enterprise value | $9.62B |
| Shares outstanding | 229.78M |
| Revenue | $15.84B |
|---|---|
| EBITDA | $1.02B |
| EBIT | $1.02B |
| Net Income | $625.00M |
| Revenue Q/Q | -14.26% |
| Revenue Y/Y | 0.27% |
| P/E ratio | 11.81 |
|---|---|
| EV/Sales | 0.61 |
| EV/EBITDA | 9.44 |
| EV/EBIT | 9.44 |
| P/S ratio | 0.47 |
| P/B ratio | 1.11 |
| Book/Share | 28.97 |
| Cash/Share | 6.68 |
| EPS | $2.72 |
|---|---|
| ROA | 3.97% |
| ROE | 9.40% |
| Debt/Equity | 1.44 |
|---|---|
| Net debt/EBITDA | 6.72 |
| Current ratio | 1.65 |
| Quick ratio | 1.30 |