BorgWarner Inc. (BWA) Financial Ratios
30 years of historical data (1996–2025) · Consumer Cyclical · Auto - Parts
EV/EBITDA
↑
8.16
↑+39% vs avg
5yr avg: 5.87
30Y Low4.3·High11.6
P/FCF
↓
12.56
+4% vs avg
5yr avg: 12.02
30Y Low6.9·High71.4
P/B Ratio
↑
2.77
↑+104% vs avg
5yr avg: 1.36
30Y Low0.8·High3.6
ROE
↓
4.9%
↑-39% vs avg
5yr avg: 8.1%
30Y Low-11%·High23%
Debt/EBITDA
↓
2.05
↓-9% vs avg
5yr avg: 2.25
30Y Low0.9·High3.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
BWA Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
BorgWarner Inc. trades at 56.1x earnings, 191% above its 5-year average of 19.3x, sitting at the 96th percentile of its historical range. Compared to the Consumer Cyclical sector median P/E of 21.2x, the stock trades at a premium of 165%. On a free-cash-flow basis, the stock trades at 12.6x P/FCF, roughly in line with the 5-year average of 12.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $14.8B | $9.8B | $7.1B | $8.4B | $8.4B | $9.5B | $7.3B | $7.9B | $6.4B | $9.5B | $7.5B |
| Enterprise Value | $16.7B | $11.6B | $9.4B | $10.8B | $11.6B | $12.2B | $9.6B | $9.1B | $7.8B | $11.1B | $9.2B |
| P/E Ratio → | 56.13 | 35.20 | 21.19 | 13.43 | 8.87 | 17.70 | 14.53 | 10.57 | 6.88 | 21.61 | 12.57 |
| P/S Ratio | 1.03 | 0.68 | 0.51 | 0.59 | 0.66 | 0.64 | 0.72 | 0.78 | 0.61 | 0.97 | 0.82 |
| P/B Ratio | 2.77 | 1.74 | 1.25 | 1.39 | 1.12 | 1.31 | 1.08 | 1.63 | 1.47 | 2.48 | 2.26 |
| P/FCF | 12.56 | 8.27 | 10.49 | 17.62 | 8.84 | 14.88 | 10.06 | 14.97 | 11.04 | 15.32 | 13.96 |
| P/OCF | 8.98 | 5.92 | 5.29 | 6.42 | 5.34 | 7.27 | 5.94 | 7.83 | 5.68 | 8.05 | 7.21 |
P/E links to full P/E history page with 30-year chart
BWA EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
BorgWarner Inc.'s enterprise value stands at 8.2x EBITDA, 39% above its 5-year average of 5.9x. The Consumer Cyclical sector median is 12.2x, placing the stock at a 33% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 0.81 | 0.67 | 0.76 | 0.92 | 0.82 | 0.95 | 0.89 | 0.74 | 1.14 | 1.02 |
| EV / EBITDA | 8.16 | 5.69 | 4.86 | 5.95 | 7.22 | 5.64 | 6.48 | 5.45 | 4.52 | 6.88 | 6.13 |
| EV / EBIT | 12.60 | 18.65 | 14.54 | 9.92 | 11.49 | 13.29 | 9.13 | 6.84 | 6.15 | 9.82 | 33.61 |
| EV / FCF | — | 9.85 | 13.80 | 22.64 | 12.24 | 19.08 | 13.32 | 17.28 | 13.41 | 17.97 | 17.28 |
BWA Profitability
Margins and return-on-capital ratios measuring operating efficiency
BorgWarner Inc. earns an operating margin of 9.2%, above the Consumer Cyclical sector average of 2.0%. ROE of 4.9% is modest, trailing the sector median of 5.3%. ROIC of 12.9% represents solid returns on invested capital versus a sector median of 5.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.7% | 18.7% | 18.5% | 18.1% | 18.7% | 19.3% | 18.8% | 20.7% | 21.2% | 21.6% | 21.3% |
| Operating Margin | 9.2% | 9.2% | 8.9% | 8.7% | 8.4% | 9.3% | 9.4% | 12.1% | 12.2% | 12.4% | 12.3% |
| Net Profit Margin | 1.9% | 1.9% | 2.4% | 4.4% | 7.5% | 3.6% | 4.9% | 7.3% | 8.8% | 4.5% | 1.3% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 4.9% | 4.9% | 5.7% | 9.2% | 12.8% | 7.7% | 8.6% | 16.2% | 22.8% | 12.3% | 3.4% |
| ROA | 2.0% | 2.0% | 2.4% | 4.0% | 5.6% | 3.3% | 3.9% | 7.5% | 9.4% | 4.7% | 1.3% |
| ROIC | 12.9% | 12.9% | 11.5% | 9.6% | 7.7% | 10.9% | 9.5% | 15.7% | 17.3% | 17.2% | 15.7% |
| ROCE | 12.7% | 12.7% | 12.0% | 10.5% | 8.3% | 11.1% | 9.8% | 16.4% | 17.1% | 17.2% | 16.9% |
BWA Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
BorgWarner Inc. carries a Debt/EBITDA ratio of 2.0x, which is manageable (57% below the sector average of 4.8x). Net debt stands at $1.9B ($4.2B total debt minus $2.3B cash). Interest coverage of 6.3x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.74 | 0.74 | 0.76 | 0.65 | 0.57 | 0.62 | 0.60 | 0.42 | 0.49 | 0.57 | 0.67 |
| Debt / EBITDA | 2.05 | 2.05 | 2.25 | 2.16 | 2.68 | 2.10 | 2.69 | 1.22 | 1.23 | 1.35 | 1.47 |
| Net Debt / Equity | — | 0.33 | 0.39 | 0.39 | 0.43 | 0.37 | 0.35 | 0.25 | 0.32 | 0.43 | 0.54 |
| Net Debt / EBITDA | 0.91 | 0.91 | 1.16 | 1.32 | 2.00 | 1.24 | 1.58 | 0.73 | 0.80 | 1.01 | 1.18 |
| Debt / FCF | — | 1.58 | 3.30 | 5.02 | 3.40 | 4.20 | 3.26 | 2.30 | 2.37 | 2.65 | 3.32 |
| Interest Coverage | 6.29 | 6.29 | 7.69 | 14.92 | 14.23 | 11.17 | 14.45 | 24.20 | 21.42 | 16.10 | 3.25 |
BWA Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
BorgWarner Inc.'s current ratio of 2.07x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.70x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 1.65x to 2.07x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.07 | 2.07 | 1.79 | 1.65 | 1.56 | 1.74 | 1.62 | 1.65 | 1.59 | 1.46 | 1.39 |
| Quick Ratio | 1.70 | 1.70 | 1.45 | 1.30 | 1.27 | 1.33 | 1.28 | 1.30 | 1.26 | 1.15 | 1.09 |
| Cash Ratio | 0.70 | 0.70 | 0.57 | 0.41 | 0.26 | 0.49 | 0.43 | 0.36 | 0.31 | 0.22 | 0.21 |
| Asset Turnover | — | 1.04 | 1.01 | 0.98 | 0.74 | 0.90 | 0.63 | 1.05 | 1.04 | 1.00 | 1.03 |
| Inventory Turnover | 9.65 | 9.65 | 9.17 | 8.86 | 8.44 | 7.81 | 6.42 | 10.00 | 10.63 | 10.03 | 11.13 |
| Days Sales Outstanding | — | 75.90 | 74.07 | 80.39 | 71.79 | 71.71 | 105.39 | 69.28 | 60.03 | 75.23 | 67.97 |
BWA Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
BorgWarner Inc. returns 4.2% to shareholders annually — split between a 0.8% dividend yield and 3.4% buyback yield. A payout ratio of 43.0% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 1.8% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.8% | 1.2% | 1.4% | 1.5% | 1.9% | 1.7% | 2.0% | 1.8% | 2.2% | 1.3% | 1.5% |
| Payout Ratio | 43.0% | 43.0% | 29.0% | 20.8% | 17.1% | 30.2% | 29.2% | 18.8% | 15.3% | 28.2% | 95.7% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 1.8% | 2.8% | 4.7% | 7.4% | 11.3% | 5.7% | 6.9% | 9.5% | 14.5% | 4.6% | 8.0% |
| FCF Yield | 8.0% | 12.1% | 9.5% | 5.7% | 11.3% | 6.7% | 9.9% | 6.7% | 9.1% | 6.5% | 7.2% |
| Buyback Yield | 3.4% | 5.2% | 5.6% | 2.1% | 2.9% | 0.0% | 3.0% | 1.3% | 2.3% | 1.1% | 3.9% |
| Total Shareholder Yield | 4.2% | 6.4% | 7.0% | 3.7% | 4.8% | 1.7% | 5.0% | 3.0% | 4.6% | 2.4% | 5.4% |
| Shares Outstanding | — | $216M | $225M | $234M | $237M | $240M | $214M | $207M | $210M | $212M | $215M |
Peer Comparison
Compare BWA with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 BWAYou | $15B | 56.1 | 8.2 | 12.6 | 18.7% | 9.2% | 4.9% | 12.9% | 2.0 |
 LEA | $7B | 17.1 | 6.2 | 13.4 | 8.2% | 4.4% | 8.9% | 9.7% | 2.5 |
 APH | $202B | 49.1 | 29.9 | 46.0 | 36.9% | 25.9% | 36.6% | 28.3% | 2.2 |
 DAN | $4B | 45.6 | 12.2 | 13.1 | 8.0% | 2.8% | 6.8% | 4.0% | 6.2 |
 ADNT | $2B | -6.1 | 4.0 | 8.0 | 6.6% | 3.0% | -12.0% | 8.7% | 3.1 |
 MGA | $18B | 21.9 | 6.5 | 10.0 | 10.3% | 5.0% | 6.8% | 8.6% | 2.2 |
 ALV | $9B | 12.4 | 7.1 | 12.4 | 19.2% | 10.1% | 30.3% | 19.4% | 1.6 |
 THRM | $1B | 59.9 | 9.4 | 18.0 | 23.5% | 5.2% | 2.7% | 7.3% | 2.2 |
 STRT | $334M | 17.4 | 6.9 | 5.2 | 15.0% | 4.0% | 7.9% | 8.7% | 0.3 |
 DORM | $4B | 18.9 | 10.5 | 49.6 | 41.1% | 16.8% | 14.7% | 13.9% | 1.5 |
 ALSN | $10B | 16.2 | 10.3 | 15.3 | 48.4% | 32.3% | 35.4% | 22.2% | 2.7 |
| Consumer Cyclical Median | — | 21.2 | 12.2 | 15.6 | 36.2% | 2.0% | 5.3% | 5.2% | 4.8 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
Consensus-Based Analysis Tools
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Deep dive into BWA consensus models and risk factors.
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DCF models, multiple analysis, and analyst estimates.
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10-year return with dividends reinvested.
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Peer Comparison
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BWA — Frequently Asked Questions
Quick answers to the most common questions about buying BWA stock.
What is BorgWarner Inc.'s P/E ratio?
BorgWarner Inc.'s current P/E ratio is 56.1x. The historical average is 18.9x. This places it at the 96th percentile of its historical range.
What is BorgWarner Inc.'s EV/EBITDA?
BorgWarner Inc.'s current EV/EBITDA is 8.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.6x.
What is BorgWarner Inc.'s ROE?
BorgWarner Inc.'s return on equity (ROE) is 4.9%. The historical average is 11.2%.
Is BWA stock overvalued?
Based on historical data, BorgWarner Inc. is trading at a P/E of 56.1x. This is at the 96th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is BorgWarner Inc.'s dividend yield?
BorgWarner Inc.'s current dividend yield is 0.77% with a payout ratio of 43.0%.
What are BorgWarner Inc.'s profit margins?
BorgWarner Inc. has 18.7% gross margin and 9.2% operating margin.
How much debt does BorgWarner Inc. have?
BorgWarner Inc.'s Debt/EBITDA ratio is 2.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.