BORGWARNER INC (BWA)
2025-06-30 | 2024-09-30 | 2024-06-30 | 2024-03-31 | |
---|---|---|---|---|
Net sales | 3,638 | 3,449 | 3,603 | 3,595 |
Cost of sales | 2,998 | 2,813 | 2,918 | 2,951 |
Gross profit | 640 | 636 | 685 | 644 |
Impairment charges | 3 | - | - | - |
Other operating expense, net | -14 | -5 | -22 | -1 |
Restructuring expense | 17 | 21 | 25 | 19 |
Selling, general and administrative expenses | 317 | 340 | 341 | 329 |
Operating income | 289 | 270 | 297 | 295 |
Other postretirement expense | 2 | 4 | 3 | 3 |
Interest expense, net | -12 | -4 | -8 | - |
Equity in affiliates earnings, net of tax | 8 | 6 | 12 | 5 |
Unrealized (gain) loss on equity securities | 1 | 2 | - | -2 |
Interest expense, net | - | - | - | -5 |
Earnings from continuing operations before income taxes and noncontrolling interest | 284 | 270 | 298 | 290 |
Provision (benefit) for income taxes | 52 | 13 | -31 | 62 |
Net earnings from continuing operations | 232 | 257 | 329 | 228 |
Net loss from discontinued operations | - | -8 | -12 | -7 |
Net earnings | 232 | 249 | 317 | 221 |
Net earnings from continuing operations attributable to noncontrolling interest | 8 | 15 | 14 | 15 |
Net earnings attributable to borgwarner inc. | 224 | 234 | 303 | 206 |
Basic (in shares) | 216,300,000 | 223,100,000 | 226,100,000 | 227,700,000 |
Diluted (in shares) | 218,200,000 | 224,500,000 | 227,200,000 | 228,300,000 |
Earnings per share attributable to borgwarner inc. basic (in dollar per share) | 1.04 | 1.04 | 1.34 | 0.91 |
Earnings per share attributable to borgwarner inc. diluted (in dollar per share) | 1.03 | 1.04 | 1.34 | 0.9 |