The earnings call reflects a balanced performance by BorgWarner in 2024. While the company demonstrated strong free cash flow, improved operating margins, and secured significant new product awards, it faced challenges such as flat sales growth, difficulties in China, and significant impairment charges. The outlook for 2025 includes industry volume declines and economic headwinds, but the company remains focused on cost control and strategic growth initiatives.
Company Guidance
In the 2024 BorgWarner earnings call, the company reported approximately $14 billion in sales, with an industry production decline of about 3% but achieving a 280 basis point outgrowth. Despite challenging markets, BorgWarner's adjusted operating margin exceeded 10%, surpassing their guidance, and adjusted earnings per share grew by 15%. The company generated $729 million in free cash flow, exceeding full-year guidance. Looking ahead to 2025, BorgWarner anticipates continued outgrowth compared to industry production, with an adjusted operating margin above 10% and strong free cash flow generation. The company's strategic focus includes leveraging core competencies to outperform industry production, expanding its product portfolio through organic and inorganic investments, and maintaining enhanced financial performance by managing costs and expanding margins.
Strong Free Cash Flow
BorgWarner delivered $729 million of free cash flow, exceeding the full-year guidance and demonstrating strong cash flow generation capabilities.
Adjusted Operating Margin Above 10%
The adjusted operating margin was over 10% for the full year, marking a 50 basis point improvement from 2023 and surpassing the company's initial guidance.
New Product Awards
Secured multiple new product awards, including a variable cam timing system with an East Asian OEM and turbocharger programs with a North American OEM, highlighting strong foundational and e-product portfolio growth.
Earnings Per Share Growth
Adjusted earnings per share grew by 15%, reflecting strong operational performance and cost control.
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BorgWarner (BWA) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BWA Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 06, 2025
$31.17
$30.24
-2.98%
Oct 31, 2024
$33.44
$33.52
+0.24%
Jul 31, 2024
$32.24
$35.08
+8.81%
May 02, 2024
$32.56
$35.29
+8.38%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does BorgWarner (BWA) report earnings?
BorgWarner (BWA) is schdueled to report earning on May 01, 2025, TBA Not Confirmed.
What is BorgWarner (BWA) earnings time?
BorgWarner (BWA) earnings time is at May 01, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
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