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BorgWarner Inc. (BWA)

51.63 -1.67 (-3.13%)
At close: 4:00:02 PM EDT
51.86 +0.23 (+0.45%)
After hours: 4:18:56 PM EDT
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BWA Q3 2026 earnings call
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BorgWarner’s third-quarter results showed stronger profitability and rapid growth in electrified products, but revenue declined and the company reduced its 2026 sales outlook. New awards across combustion, hybrid, electric, and industrial applications provide longer-term growth avenues, while weakness in Battery Energy Systems remains a key challenge.

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  • Previous Close 53.30
  • Open 52.42
  • Bid 51.49 x 50000
  • Ask 51.32 x 20000
  • Day's Range 50.80 - 52.94
  • 52 Week Range 40.73 - 78.82
  • Volume 4,399,953
  • Avg. Volume 2,470,945
  • Market Cap (intraday) 10.368B
  • Beta (5Y Monthly) --
  • PE Ratio (TTM) 25.82
  • EPS (TTM) 2.00
  • Earnings Date Oct 29, 2026
  • Forward Dividend & Yield 0.68 (1.28%)
  • 1y Target Est 80.80
  • Morningstar Rating Rating available with Stock Picks access

BorgWarner Inc., together with its subsidiaries, provides technology solutions for combustion, hybrid, and electric vehicles worldwide. The company operates through the Turbos & Thermal Technologies; Drivetrain & Morse Systems; PowerDrive Systems; and Battery & Charging Systems segments. It offers turbochargers, eBoosters, eTurbos, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, cabin heaters, battery heaters, and battery cooling systems. The company also provides chain systems and variable camshaft phasing products; friction and mechanical products for automatic transmissions, including dual clutch modules, friction clutch modules, electromagnetic clutches, friction and separator plates, transmission bands, torque converter clutches, one-way clutches, and torsional vibration dampers; hydraulic controls products for automatic transmissions, such as electro-hydraulic solenoids for standard and hydraulic systems, transmission solenoid modules and dual clutch hydraulic control modules; and torque management products comprising transfer cases and couplings; electronic limited slip differentials, electric torque vectoring products, and axle disconnect systems. In addition, it offers power electronics, including inverters, onboard chargers, DC/DC converters, and combination boxes; rotating electric machines comprising eMotors and generators; fully integrated drive modules consisting of inverters and gear reducers; and electronic controls, such as engine control units, transmission control units, battery management systems, propulsion controllers, and domain controllers. Further, the company provides battery and charging systems, including nickel manganese cobalt battery packs and lithium iron phosphate battery packs. BorgWarner Inc. was formerly known as Borg-Warner Automotive, Inc. The company was founded in 1928 and is headquartered in Auburn Hills, Michigan.

www.borgwarner.com

37,500

Full Time Employees

December 31

Fiscal Year Ends

Auto Parts

Industry

Performance Overview

Trailing total returns as of 10/30/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC) .

YTD Return

BWA
15.50%
S&P 500 (^GSPC)
10.73%

1-Year Return

BWA
18.37%
S&P 500 (^GSPC)
11.11%

3-Year Return

BWA
46.28%
S&P 500 (^GSPC)
81.91%

5-Year Return

BWA
39.53%
S&P 500 (^GSPC)
64.59%

Earnings Trends

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Earnings Per Share

GAAP
Normalized
GAAP
Normalized

Revenue vs. Earnings

Annual
Quarterly
Annual
Quarterly
Q3 FY26
Revenue 3.49B
Earnings 221M
Profit Margin 6.34%

Q4

FY25

Q1

FY26

Q2

FY26

Q3

FY26

0
1B
2B
3B
-5.0%
0.0%
5.0%

Analyst Insights

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Top Analyst

Piper Sandler
76/100
Latest Rating
Neutral

Analyst Price Targets

62.00
80.80 Average
51.63 Current
95.00 High

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell

Latest Rating

Date 10/30/2026
Analyst TD Cowen
Rating Action Maintains
Rating Hold
Price Action Lowers
Price Target 68 -> 67

Statistics

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Valuation Measures

Annual
As of 10/29/2026
  • Market Cap

    10.70B

  • Enterprise Value

    12.50B

  • Trailing P/E

    26.65

  • Forward P/E

    9.03

  • PEG Ratio (current)

    0.26

  • Price/Sales (ttm)

    0.78

  • Price/Book (mrq)

    1.94

  • Enterprise Value/Revenue

    0.87

  • Enterprise Value/EBITDA

    8.78

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    3.36%

  • Return on Assets (ttm)

    7.01%

  • Return on Equity (ttm)

    8.95%

  • Revenue (ttm)

    14.24B

  • Net Income Avi to Common (ttm)

    478M

  • Diluted EPS (ttm)

    2.00

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.58B

  • Total Debt/Equity (mrq)

    51.26%

  • Levered Free Cash Flow (ttm)

    1.15B

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Company Insights

Fair Value

51.63 Current

Dividend Score

0 Low
Sector Avg.
100 High

Hiring Score

0 Low
Sector Avg.
100 High

Insider Sentiment Score

0 Low
Sector Avg.
100 High

Research Reports

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  • BorgWarner Earnings: Resilience in a Volatile Industry; Fair Value Estimate Unchanged

    BorgWarner is a tier one supplier of turbo and thermal management technologies, drivetrain systems, powerdrive systems, and battery and charging systems mostly to automotive original equipment manufacturers. Its products aim to move a vehicle with as few electrons as possible, resulting in cleaner, cost-optimized, and more-efficient vehicles. Foundational products, the combustion vehicle business, contributes more than 80% to group revenue while BorgWarner transitions to becoming an electric vehicle-centric (e-business) and data center energy management parts supplier. In 2024, 23% of the company’s revenue was sourced from Volkswagen and Ford. Revenue is well diversified geographically, with approximately a third each generated in North America, Europe, and Asia.

  • Lowering target price to $53.00

    BORGWARNER INC has an Investment Rating of HOLD; a target price of $53.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

  • Lowering target price to $56.00

    BORGWARNER INC has an Investment Rating of HOLD; a target price of $56.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

  • Lowering target price to $64.00

    BORGWARNER INC has an Investment Rating of HOLD; a target price of $64.000000; an Industry Subrating of Low; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

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