AUBURN HILLS, Mich., March 27, 2025 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:What:               BorgWarner 2025 First Quarter Results Conference CallWhen:              May 7, 2025 @ 9:30am Eastern TimeWhere:            www.borgwarner.com/investors  How:                Live over the Internet -- Simply log on to the web at the address above.If you are unable to participate during the live webcast, the call will be archived at (www.borgwarner.com/investors)For more than 130 ...

Group 1 - Investors in BorgWarner Inc. should monitor the stock closely due to significant activity in the options market, particularly the March 21, 2025 $20 Call, which has high implied volatility [1] - Implied volatility indicates the market's expectation of future movement, suggesting that investors anticipate a significant price change or an upcoming event that could lead to a rally or sell-off [2] - BorgWarner currently holds a Zacks Rank 3 (Hold) in the Automotive - Original Equipment industry, which is in the bottom 39% of the Zacks Industry Rank, with no analysts increasing earnings estimates for the current quarter and two analysts lowering their estimates, resulting in a decrease of the Zacks Consensus Estimate from $1.12 to $0.97 per share [3] Group 2 - The high implied volatility for BorgWarner may indicate a developing trading opportunity, as options traders often seek to sell premium on options with high implied volatility to capture decay, hoping the underlying stock does not move as much as expected by expiration [4]

AUBURN HILLS, Mich., Feb. 12, 2025 /PRNewswire/ -- BorgWarner has been awarded on the Forbes list of America's Best Employers 2025 for the sixth time. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The award list was announced on February 12th, 2025, and can be viewed on Forbes' website.Forbes and Statista selected America's Best Employers 2025 through an independent survey from a vast sample of over 217,000 U.S. employe ...

Core Viewpoint - BorgWarner reported strong adjusted earnings for Q4 2024, exceeding expectations, but net sales fell short of estimates, indicating mixed performance across segments [1][2]. Financial Performance - Adjusted earnings per share for Q4 2024 were $1.01, surpassing the Zacks Consensus Estimate of 92 cents and increasing from 90 cents in the prior year [1]. - Net sales for the quarter were $3.44 billion, missing the Zacks Consensus Estimate of $3.49 billion and reflecting a year-over-year decline of 2.36% [2]. Segmental Performance - **Turbos & Thermal Technologies**: Net sales were $1.41 billion, slightly down from $1.44 billion year-over-year, but beat estimates by 2.32%. Adjusted operating income rose to $223 million from $214 million, exceeding consensus by 12.98% [4]. - **Drivetrain & Morse Systems**: Net sales totaled $1.35 billion, down from $1.40 billion year-over-year, missing estimates by 1.09%. Adjusted operating income decreased to $240 million from $258 million, falling short of consensus by 3.58% [5]. - **PowerDrive Systems**: Sales were $525 million, down from $542 million a year ago, but beat estimates by 0.39%. The segment reported an adjusted operating loss of $14 million, an improvement from a loss of $16 million in the prior year [6]. - **Battery & Charging Systems**: Sales increased to $162 million from $151 million year-over-year, but missed estimates by 31.11%. The segment incurred an adjusted operating loss of $14 million, narrower than a loss of $40 million in the previous year [7]. Financial Position - As of December 31, 2024, BorgWarner had $2.09 billion in cash and equivalents, up from $1.53 billion a year earlier. Long-term debt increased to $3.76 billion from $3.71 billion [8]. - Net cash from operating activities was $682 million for the quarter, with capital expenditures at $161 million and free cash flow totaling $539 million [8]. 2025 Guidance - For full-year 2025, BorgWarner anticipates net sales between $13.4 billion and $14 billion, down from $14.1 billion in 2024. Adjusted operating margin is expected to be between 9.1% and 9.2%, with adjusted earnings projected at $4.05 to $4.40 per share [9]. - Operating cash flow is forecasted to be between $1.33 billion and $1.38 billion, while free cash flow is projected to be between $650 million and $750 million [9].

BorgWarner Inc. (NYSE:BWA) Q4 2024 Earnings Conference Call February 6, 2025 9:30 AM ET Company Participants Patrick Nolan - Vice President-Investor Relations Frédéric Lissalde - President and Chief Executive Officer Joseph Fadool - Executive Vice President and Chief Operating Officer Craig Aaron - Executive Vice President and Chief Financial Officer Conference Call Participants John Murphy - Bank of America ML Colin Langan - Wells Fargo Ryan Brinkman - JPMorgan Luke Young - Baird Joe Spak - UBS Edison Yu - ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Form 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 (Exact name of registrant as specified in its charter) (State or other jurisdiction of Incorporation or organization) (I.R.S. Employer Identification No.) Delaware 13-3404508 3850 Hamlin Road, Auburn Hills, Michigan 48326 (Address of principal executive offices) (Zip Code) Registrant's te ...

BorgWarner reported mixed results with earnings surpassing expectations, yet revenue slightly missed estimates due to sector challenges. BorgWarner (BWA -3.18%), a leading innovator in the automotive industry, issued its earnings report for Q4 2024 on Feb. 6, 2025. Central to the release was the company's successful mitigation of cost pressures, as evidenced by its adjusted EPS of $1.01, surpassing predictions of $0.96. Despite the earnings surprise, revenue slid 2.4% year-over-year to $3,439 million, missi ...

BorgWarner (BWA) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 9.78%. A quarter ago, it was expected that this auto parts supplier would post earnings of $0.92 per share when it actually produced earnings of $1.09, delivering a surprise of 18.48%.Over the last four quarters, the com ...

Financial Performance - BorgWarner reported Q4 2024 net sales of $3,439 million, a decrease of 2.4% compared to Q4 2023[3] - For the full year 2024, BorgWarner's net sales were $14,086 million, a decrease of 0.8% from 2023[5] - Adjusted net earnings per diluted share for Q4 2024 were $1.01, up from $0.90 in Q4 2023[7] - The company reported a net loss attributable to BorgWarner Inc. of $405 million in Q4 2024, compared to net earnings of $154 million in Q4 2023[16] - Adjusted operating income for the year ended December 31, 2024, was $1,417 million, reflecting an increase from $1,358 million in 2023, with an adjusted operating margin of 10.1%[30] Operating Margins and Earnings Guidance - The adjusted operating margin for Q4 2024 was 10.2%, while the U.S. GAAP operating margin was (9.2)%, impacted by $646 million in impairment charges[3] - BorgWarner anticipates an adjusted operating margin of 10.0% to 10.2% for 2025, with net earnings projected between $3.84 and $4.12 per diluted share[9] - BorgWarner's adjusted earnings per diluted share for FY 2025 is expected to range from $4.05 to $4.40, reflecting a solid earnings outlook[35] Cash Flow and Capital Expenditures - Free cash flow for 2025 is expected to be in the range of $650 million to $750 million[9] - BorgWarner generated $682 million in net cash from operating activities in Q4 2024, with free cash flow of $539 million[5] - Free cash flow for the year ended December 31, 2024, was $729 million, compared to $565 million in 2023, indicating a strong cash generation capability[31] - Capital expenditures for the year ended December 31, 2024, were $671 million, down from $832 million in 2023[20] Business Outlook and Market Expectations - The company expects 2025 net sales to be between $13.4 billion and $14.0 billion, implying a year-over-year organic sales change of down 2% to up 2%[8] - The company expects its weighted light and commercial vehicle markets to decline by 1% to 3% in 2025[8] - The company expects light vehicle production in North America to decline by 4% to 3% in FY 2025, while commercial vehicle production is projected to grow by 3% to 9%[38] - BorgWarner's full-year 2025 guidance for net sales is projected between $13,400 million and $14,000 million, with an adjusted operating income guidance of $1,345 million to $1,430 million[34] Impairment Charges and Asset Management - The company incurred impairment charges of $646 million in Q4 2024, compared to $29 million in Q4 2023[16] - Total assets decreased to $13,993 million as of December 31, 2024, down from $14,453 million at the end of 2023[19] - Cash and cash equivalents increased to $2,094 million at the end of 2024, compared to $1,534 million at the end of 2023[19] Segment Performance - Segment Adjusted Operating Income for Turbos & Thermal Technologies was $223 million in Q4 2024, up from $214 million in Q4 2023[18] - In Q4 2024, the Battery & Charging Systems segment showed a strong organic net sales growth of 8.6%, contrasting with declines in other segments[32] Strategic Initiatives - BorgWarner secured multiple new business awards, including a Variable Cam Timing systems award for next-generation hybrid engines expected to launch in Q1 2026[3] - The company plans to continue focusing on market expansion and new technology development in the upcoming year[21]

Wastegate turbocharger technology to be deployed on midsized gasoline engines Robust design enables quick boost response and powerful performance Extension highlights BorgWarner's longstanding and trusted relationship with OEM AUBURN HILLS, Mich., Feb. 6, 2025 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, is continuing its partnership with a major, North American-based OEM by extending contracts on several wastegate t ...