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DAN logoDana Incorporated(DAN)Earnings, Financials & Key Ratios

DAN•NYSE
$35.60
$4.76B mkt cap·55.6× P/E·Price updated May 6, 2026
SectorConsumer CyclicalIndustryAuto Parts & EquipmentSub-IndustryCore Vehicle Systems Suppliers
AboutDana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies. The Light Vehicle Drive Systems segment offers axles, driveshafts, e-axles, electrodynamic and drivetrain components, and transmissions, as well as electric, hybrid, and ICE products for light trucks, sport and crossover utility vehicles, vans, and passenger cars. The Commercial Vehicle Drive and Motion Systems segment provides axles, driveshafts, e-axles, e-transmissions, electrodynamic and drivetrain components, and electric vehicle integration services, as well as software as a service for medium and heavy duty trucks, buses, and specialty vehicles. The Off-Highway Drive and Motion Systems segment offers axles, driveshafts, transmissions, planetary hub drives, e-axles and e-drives, and helical and bevel-helical gearboxes, as well as electrodynamic, hydraulic, and drivetrain components for construction, earth moving, agricultural, mining, forestry, material handling, and industrial stationary markets. The Power Technologies segment offers gaskets and sealing, cover modules, heat shields, thermal management, e-thermal management, cooling, and bipolar fuel cell plates products for light vehicle, medium/heavy vehicle, and off-highway markets. The company was formerly known as Dana Holding Corporation and changed its name to Dana Incorporated in August 2016. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio.Show more
  • Revenue$7.5B-27.1%
  • EBITDA$570M+43.9%
  • Net Income$85M+249.1%
  • EPS (Diluted)0.64+264.1%
  • Gross Margin8.03%-5.8%
  • EBITDA Margin7.6%+97.4%
  • Operating Margin2.84%+1223.4%
  • Net Margin1.13%+304.5%
  • ROE6.79%+303.2%
  • ROIC4.01%+951.9%
  • Debt/Equity3.82+108.1%
  • Interest Coverage1.18-41.0%
Technical→

DAN Key Insights

Dana Incorporated (DAN) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

  • ✓Momentum leader: RS Rating 88 (top 12%)
  • ✓High quality earnings: Operating CF exceeds net income
  • ✓Share count reduced 4.1% through buybacks

✗Weaknesses

  • ✗High debt to equity ratio of 3.8x
  • ✗Weak 3Y average ROE of 1.8%
  • ✗Thin 5Y average net margin of 0.2%

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

DAN Price & Volume

Dana Incorporated (DAN) stock price & volume — 10-year historical chart

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DAN Growth Metrics

Dana Incorporated (DAN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years2.15%
5 Years1.09%
3 Years-9.61%
TTM-100%

Profit CAGR

10 Years-6.07%
5 Years-
3 Years-
TTM42.11%

EPS CAGR

10 Years-4.27%
5 Years-
3 Years-
TTM38.73%

Return on Capital

10 Years3.55%
5 Years0.71%
3 Years1.14%
Last Year4.52%

DAN Recent Earnings

Dana Incorporated (DAN) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 4/12 qtrs (33%)●Beat Revenue 5/12 qtrs (42%)
Q2 2026Latest
Apr 29, 2026
EPS
$0.24
Est $0.40
-38.8%
Revenue
$1.9B
Est $1.8B
+2.3%
Q1 2026
Feb 18, 2026
EPS
$0.36
Est $0.37
-4.5%
Revenue
$1.9B
Est $1.9B
-0.1%
Q4 2025
Oct 29, 2025
EPS
$0.17
Est $0.26
-34.6%
Revenue
$1.9B
Est $1.8B
+6.9%
Q3 2025
Aug 11, 2025
EPS
$0.05
Est $0.40
-87.5%
Revenue
$1.9B
Est $2.5B
-22.2%
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestApr 29, 2026
$0.24vs $0.40-38.8%
$1.9Bvs $1.8B+2.3%
Q1 2026Feb 18, 2026
$0.36vs $0.37-4.5%
$1.9Bvs $1.9B-0.1%
Q4 2025Oct 29, 2025
$0.17vs $0.26-34.6%
$1.9Bvs $1.8B+6.9%
Q3 2025Aug 11, 2025
$0.05vs $0.40-87.5%
$1.9Bvs $2.5B-22.2%
Based on last 12 quarters of dataView full earnings history →

DAN Peer Comparison

Dana Incorporated (DAN) competitors in Core Vehicle Systems Suppliers — business model, growth, and fundamentals comparison

Select Columns
Stock Universe
Valuation
Growth
Profitability
Financial Health
Dividends & Buybacks
Price Performance
Technical
Fundamentals ($)
Sector-Specific
CompanyMarket CapStock PriceP/E Ratio (TTM)Revenue Growth 1YNet MarginReturn on Equity (ROE)FCF YieldDebt / Equity
AXL logoAXLAmerican Axle & Manufacturing Holdings, Inc.Direct Competitor760.87M6.41-37.71-4.71%-0.34%-3.08%0.21
BWA logoBWABorgWarner Inc.Direct Competitor12.3B59.4146.411.65%2.53%6.17%0.74
MOD logoMODModine Manufacturing CompanyDirect Competitor14.46B274.2280.187.3%3.4%8.66%0.49
ALSN logoALSNAllison Transmission Holdings, Inc.Direct Competitor10.62B127.7017.42-6.67%14.88%29.49%1.56
VC logoVCVisteon CorporationDirect Competitor3.05B113.7215.62-2.53%5.31%12.66%0.33
APTV logoAPTVAptiv PLCProduct Competitor12.11B56.8075.733.47%1.77%3.81%0.85
LEA logoLEALear CorporationProduct Competitor6.96B137.5716.88-0.19%2.25%11.08%0.79
MGA logoMGAMagna International Inc.Product Competitor17.48B62.7020.97-0.21%1.97%6.53%0.65

Compare DAN vs Peers

Dana Incorporated (DAN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs AXL

Most directly comparable listed peer for DAN.

Scale Benchmark

vs CMI

Larger-name benchmark to compare DAN against a more recognizable public peer.

Peer Set

Compare Top 5

vs AXL, BWA, MOD, ALSN

DAN Income Statement

Dana Incorporated (DAN) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily
Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Sales/Revenue7.21B8.14B8.62B7.11B8.95B10.16B10.55B10.28B7.5B
Revenue Growth %23.74%12.96%5.86%-17.56%25.88%13.54%3.93%-2.57%-27.07%
Cost of Goods Sold6.15B6.99B7.49B6.49B8.11B9.39B9.65B9.41B6.9B
COGS % of Revenue85.27%85.79%86.88%91.26%90.64%92.49%91.47%91.48%91.97%
Gross Profit
1.06B▲ 0%
1.16B▲ 8.9%
1.13B▼ 2.2%
621M▼ 45.1%
837M▲ 34.8%
763M▼ 8.8%
900M▲ 18.0%
876M▼ 2.7%
602M▼ 31.3%
Gross Margin %14.73%14.21%13.12%8.74%9.36%7.51%8.53%8.52%8.03%
Gross Profit Growth %25.83%8.95%-2.25%-45.09%34.78%-8.84%17.96%-2.67%-31.28%
Operating Expenses735M766M802M677M767M823M931M902M387M
OpEx % of Revenue10.2%9.41%9.3%9.53%8.57%8.1%8.82%8.77%5.16%
Selling, General & Admin515M514M531M431M470M502M562M542M282M
SG&A % of Revenue7.14%6.31%6.16%6.07%5.25%4.94%5.32%5.27%3.76%
Research & Development220M252M271M246M297M321M369M360M105M
R&D % of Revenue3.05%3.09%3.14%3.46%3.32%3.16%3.5%3.5%1.4%
Other Operating Expenses000000000
Operating Income
345M▲ 0%
391M▲ 13.3%
342M▼ 12.5%
-56M▼ 116.4%
70M▲ 225.0%
-60M▼ 185.7%
-31M▲ 48.3%
-26M▲ 16.1%
213M▲ 919.2%
Operating Margin %4.79%4.8%3.97%-0.79%0.78%-0.59%-0.29%-0.25%2.84%
Operating Income Growth %42.56%13.33%-12.53%-116.37%225%-185.71%48.33%16.13%919.23%
EBITDA578M661M681M309M459M328M385M396M570M
EBITDA Margin %8.02%8.12%7.9%4.35%5.13%3.23%3.65%3.85%7.6%
EBITDA Growth %36.32%14.36%3.03%-54.63%48.54%-28.54%17.38%2.86%43.94%
D&A (Non-Cash Add-back)233M270M339M365M389M388M416M422M357M
EBIT554M635M601M177M353M247M325M321M213M
Net Interest Income-91M-85M-112M-129M-122M-117M-137M-146M-171M
Interest Income11M11M10M9M9M11M17M15M10M
Interest Expense102M96M122M138M131M128M154M161M181M
Other Income/Expense54M127M-141M63M202M33M200M116M-213M
Pretax Income
399M▲ 0%
518M▲ 29.8%
201M▼ 61.2%
7M▼ 96.5%
272M▲ 3785.7%
-27M▼ 109.9%
169M▲ 725.9%
90M▼ 46.7%
0▼ 100.0%
Pretax Margin %5.53%6.36%2.33%0.1%3.04%-0.27%1.6%0.88%-
Income Tax283M78M-32M58M72M284M121M139M53M
Effective Tax Rate %70.93%15.06%-15.92%828.57%26.47%-1051.85%71.6%154.44%-
Net Income
111M▲ 0%
427M▲ 284.7%
226M▼ 47.1%
-31M▼ 113.7%
197M▲ 735.5%
-242M▼ 222.8%
38M▲ 115.7%
-57M▼ 250.0%
85M▲ 249.1%
Net Margin %1.54%5.24%2.62%-0.44%2.2%-2.38%0.36%-0.55%1.13%
Net Income Growth %-82.66%284.68%-47.07%-113.72%735.48%-222.84%115.7%-250%249.12%
Net Income (Continuing)116M440M203M-51M200M-311M48M-49M-53M
Discontinued Operations00000000155M
Minority Interest148M197M262M256M251M247M253M252M59M
EPS (Diluted)
0.71▲ 0%
2.91▲ 309.9%
1.56▼ 46.4%
-0.21▼ 113.5%
1.35▲ 742.9%
-1.69▼ 225.2%
0.26▲ 115.4%
-0.39▼ 250.0%
0.64▲ 264.1%
EPS Growth %-83.72%309.86%-46.39%-113.46%742.86%-225.19%115.38%-250%264.1%
EPS (Basic)0.722.941.57-0.211.36-1.690.26-0.390.64
Diluted Shares Outstanding146.9M146.5M145.1M144.5M146.2M143.6M144.6M145.2M139.2M
Basic Shares Outstanding145.1M145M144M144.5M144.8M143.6M144.4M145.2M139.2M
Dividend Payout Ratio31.53%13.58%25.66%-29.44%-152.63%-63.53%

DAN Balance Sheet

Dana Incorporated (DAN) balance sheet — assets, liabilities & shareholders' equity

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Total Current Assets2.88B2.91B3.16B3.29B3.59B3.83B4.1B3.7B3.87B
Cash & Short-Term Investments643M531M527M580M285M425M529M494M476M
Cash Only603M510M508M559M268M425M529M494M476M
Short-Term Investments40M21M19M21M17M0000
Accounts Receivable1.17B1.24B1.3B1.43B1.54B1.58B1.65B1.46B1.25B
Days Sales Outstanding59.0455.7255.2673.5562.8856.6457.0951.6860.69
Inventory969M1.03B1.19B1.15B1.56B1.61B1.68B1.55B1.01B
Days Inventory Outstanding57.5453.8758.1464.6770.4162.5263.3660.0253.71
Other Current Assets21M26M28M32M49M52M92M65M1.03B
Total Non-Current Assets2.76B3.01B4.06B4.09B4.05B3.62B3.86B3.78B3.94B
Property, Plant & Equipment1.81B1.85B2.44B2.44B2.45B2.5B2.64B2.51B2.18B
Fixed Asset Turnover3.99x4.40x3.53x2.91x3.66x4.06x4.00x4.10x3.45x
Goodwill127M264M493M479M482M259M263M250M0
Intangible Assets174M164M240M236M233M201M182M150M71M
Long-Term Investments163M208M182M152M174M136M123M126M127M
Other Non-Current Assets71M80M120M169M131M123M140M189M1.03B
Total Assets
5.64B▲ 0%
5.92B▲ 4.9%
7.22B▲ 22.0%
7.38B▲ 2.2%
7.63B▲ 3.5%
7.45B▼ 2.4%
7.96B▲ 6.9%
7.49B▼ 6.0%
7.81B▲ 4.3%
Asset Turnover1.28x1.38x1.19x0.96x1.17x1.36x1.33x1.37x0.96x
Asset Growth %16.13%4.85%22%2.16%3.47%-2.4%6.93%-6.03%4.32%
Total Current Liabilities1.7B1.75B1.84B1.94B2.17B2.48B2.6B2.56B3.31B
Accounts Payable1.17B1.22B1.25B1.33B1.57B1.84B1.76B1.52B1.15B
Days Payables Outstanding69.1863.5961.1774.9170.7271.4266.3859.0561.06
Short-Term Debt40M28M34M34M31M52M50M222M686M
Deferred Revenue (Current)12M6M6M7M8M28M50M25M25M
Other Current Liabilities207M258M41M330M56M125M56M66M1.16B
Current Ratio1.69x1.66x1.71x1.69x1.65x1.54x1.58x1.45x1.17x
Quick Ratio1.12x1.07x1.07x1.10x0.93x0.90x0.93x0.84x0.86x
Cash Conversion Cycle47.44652.2463.3162.5747.7454.0752.6553.33
Total Non-Current Liabilities2.78B2.63B3.24B3.42B3.29B3.17B3.54B3.34B3.58B
Long-Term Debt1.76B1.75B2.34B2.37B2.39B2.35B2.56B2.39B2.42B
Capital Lease Obligations00140M207M209M277M326M258M414M
Deferred Tax Liabilities59M28M40M38M32M30M34M53M19M
Other Non-Current Liabilities963M846M724M809M658M517M619M639M729M
Total Liabilities4.48B4.38B5.08B5.36B5.46B5.65B6.14B5.9B6.89B
Total Debt1.8B1.78B2.55B2.65B2.67B2.72B2.98B2.91B3.52B
Net Debt1.2B1.27B2.04B2.09B2.4B2.3B2.45B2.42B3.04B
Debt / Equity1.55x1.16x1.20x1.32x1.23x1.51x1.63x1.84x3.82x
Debt / EBITDA3.11x2.70x3.75x8.58x5.81x8.30x7.74x7.36x6.17x
Net Debt / EBITDA2.07x1.93x3.00x6.77x5.23x7.00x6.37x6.11x5.34x
Interest Coverage5.43x6.61x4.93x1.28x2.69x1.93x2.11x1.99x1.18x
Total Equity
1.16B▲ 0%
1.54B▲ 32.8%
2.13B▲ 38.5%
2.01B▼ 5.7%
2.17B▲ 7.9%
1.8B▼ 17.3%
1.83B▲ 1.7%
1.58B▼ 13.3%
920M▼ 42.0%
Equity Growth %-6.52%32.82%38.46%-5.67%7.89%-17.26%1.67%-13.29%-41.96%
Book Value per Share7.9010.5314.7113.9414.8612.5212.6410.926.61
Total Shareholders' Equity1.01B1.34B1.87B1.76B1.92B1.55B1.57B1.33B861M
Common Stock2M2M2M2M2M2M2M2M1M
Retained Earnings86M456M622M530M662M321M317M204M256M
Treasury Stock-87M-119M-150M-156M-184M0-9M-13M-35M
Accumulated OCI-1.34B-1.36B-987M-1.03B-985M-1B-990M-1.14B-1.03B
Minority Interest148M197M262M256M251M247M253M252M59M

DAN Cash Flow Statement

Dana Incorporated (DAN) cash flow — operating, investing & free cash flow history

Line itemDec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23Dec'24Dec'25
Cash from Operations554M568M637M386M158M649M476M450M512M
Operating CF Margin %7.68%6.98%7.39%5.43%1.77%6.39%4.51%4.38%6.83%
Operating CF Growth %44.27%2.53%12.15%-39.4%-59.07%310.76%-26.66%-5.46%13.78%
Net Income116M440M233M-51M200M-311M48M-49M-33M
Depreciation & Amortization233M270M339M365M389M388M416M422M345M
Stock-Based Compensation23M16M19M14M17M19M26M30M40M
Deferred Taxes179M-64M-137M-35M-1M152M-104M-29M-60M
Other Non-Cash Items20M31M218M66M11M193M9M24M190M
Working Capital Changes-17M-125M-35M27M-458M208M81M52M30M
Change in Receivables-141M-113M134M-66M-189M-81M12M94M-47M
Change in Inventory-146M-110M35M69M-471M-99M-42M55M78M
Change in Payables234M97M-96M82M254M343M-88M-154M-13M
Cash from Investing-581M-462M-1.12B-327M-293M-426M-528M-352M-222M
Capital Expenditures-393M-325M-426M-326M-369M-440M-501M-380M-214M
CapEx % of Revenue5.45%3.99%4.94%4.59%4.13%4.33%4.75%3.7%2.85%
Acquisitions-184M-150M-667M15M-16M-1M000
Investments---------
Other Investing3M-2M-12M-8M63M8M-14M28M-65M
Cash from Financing-120M-180M479M-12M-127M-42M160M-90M-371M
Debt Issued (Net)-63M-34M542M37M-23M11M219M-50M384M
Equity Issued (Net)0-25M-25M0-23M-25M00-650M
Dividends Paid-35M-58M-58M-15M-58M-58M-58M-58M-54M
Share Repurchases0-25M-25M0-23M-25M00-650M
Other Financing-22M-63M20M-34M-23M30M-1M18M-51M
Net Change in Cash
-104M▲ 0%
-90M▲ 13.5%
-2M▲ 97.8%
49M▲ 2550.0%
-280M▼ 671.4%
155M▲ 155.4%
121M▼ 21.9%
-51M▼ 142.1%
-27M▲ 47.1%
Free Cash Flow
161M▲ 0%
243M▲ 50.9%
211M▼ 13.2%
60M▼ 71.6%
-211M▼ 451.7%
209M▲ 199.1%
-25M▼ 112.0%
70M▲ 380.0%
298M▲ 325.7%
FCF Margin %2.23%2.98%2.45%0.84%-2.36%2.06%-0.24%0.68%3.97%
FCF Growth %159.68%50.93%-13.17%-71.56%-451.67%199.05%-111.96%380%325.71%
FCF per Share1.101.661.450.42-1.441.46-0.170.482.14
FCF Conversion (FCF/Net Income)4.99x1.33x2.82x-12.45x0.80x-2.68x12.53x-7.89x6.02x
Interest Paid104M90M117M129M109M117M128M159M0
Taxes Paid87M145M125M98M99M132M148M172M0

DAN Key Ratios

Dana Incorporated (DAN) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric2016201720182019202020212022202320242025
Return on Equity (ROE)61.75%9.24%31.59%12.29%-1.49%9.41%-12.19%2.1%-3.34%6.79%
Return on Invested Capital (ROIC)9.52%11.36%11.34%7.33%-1.01%1.21%-1.04%-0.56%-0.47%4.01%
Gross Margin14.49%14.73%14.21%13.12%8.74%9.36%7.51%8.53%8.52%8.03%
Net Margin10.99%1.54%5.24%2.62%-0.44%2.2%-2.38%0.36%-0.55%1.13%
Debt / Equity1.34x1.55x1.16x1.20x1.32x1.23x1.51x1.63x1.84x3.82x
Interest Coverage3.81x5.43x6.61x4.93x1.28x2.69x1.93x2.11x1.99x1.18x
FCF Conversion0.60x4.99x1.33x2.82x-12.45x0.80x-2.68x12.53x-7.89x6.02x
Revenue Growth-3.86%23.74%12.96%5.86%-17.56%25.88%13.54%3.93%-2.57%-27.07%

DAN SEC Filings & Documents

Dana Incorporated (DAN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Apr 29, 2026·SEC

Material company update

Apr 23, 2026·SEC

Material company update

Mar 25, 2026·SEC

10-K Annual Reports

2
FY 2026

Feb 27, 2026·SEC

FY 2025

Feb 20, 2025·SEC

10-Q Quarterly Reports

3
FY 2025

Oct 31, 2025·SEC

FY 2025

Aug 11, 2025·SEC

FY 2025

Apr 30, 2025·SEC

DAN Frequently Asked Questions

Dana Incorporated (DAN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Dana Incorporated (DAN) reported $7.50B in revenue for fiscal year 2025. This represents a 2% decrease from $7.69B in 1996.

Dana Incorporated (DAN) saw revenue decline by 27.1% over the past year.

Dana Incorporated (DAN) reported a net loss of $33.0M for fiscal year 2025.

Dividend & Returns

Yes, Dana Incorporated (DAN) pays a dividend with a yield of 1.09%. This makes it attractive for income-focused investors.

Dana Incorporated (DAN) has a return on equity (ROE) of 6.8%. This is below average, suggesting room for improvement.

Dana Incorporated (DAN) generated $298.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

Explore More DAN

Dana Incorporated (DAN) financial analysis — history, returns, DCA and operating performance tools

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Dividend History

Yield, growth, payout safety & DRIP

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Earnings History

EPS trends, net income & profitability

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Price History

Long-term charts & historical price data

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Revenue History

Sales growth patterns & revenue breakdown

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Financial Ratios

30 years of market, efficiency and balance-sheet ratios

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Valuation

DCF intrinsic value, peer multiples & estimates

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