Borgwarner (BWA) Debt Ratio (2009 - 2026)
Borgwarner (BWA) posted Debt Ratio of 0.28 for Q2 2026, down 2.34% on a QoQ basis from 0.28 in Q1 2026, and up 2.31% year-over-year from 0.27 in Q2 2025.
Analysis
Borgwarner (BWA) Debt Ratio (2009 - 2026) Analysis & Trends
Borgwarner has reported Debt Ratio for 18 years, with the latest figure at 0.28 in Q2 2026.
- On a quarterly basis, Debt Ratio rose 2.31% year-over-year to 0.28 in Q2 2026; TTM through Jun 2026 was 0.28, a 2.31% increase from a year earlier, with the FY2025 full-year figure at 0.28, down 4.77% from the prior year.
- Debt Ratio was 0.28 for Q2 2026 at Borgwarner, down from 0.28 in the prior quarter.
- The five-year high for Debt Ratio was 0.3 in Q3 2024, with the low at 0.25 in Q2 2023.
- Average Debt Ratio over 5 years is 0.27, with a median of 0.26 recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Debt Ratio grew 14.8% in 2024, then retreated 11.33% in 2025.
- Over 5 years, Debt Ratio stood at 0.25 in 2022, then climbed by 5.82% to 0.26 in 2023, then grew by 13.7% to 0.3 in 2024, then declined by 4.77% to 0.28 in 2025, then retreated by 1.97% to 0.28 in 2026.
- The last three Debt Ratio figures came in at 0.28 (Q2 2026), 0.28 (Q1 2026), and 0.28 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.13 Bn | 367.42 Bn | 7.76 Bn | 0.34 |
| 2 | Cummins | 77.17 Bn | 73.56 Bn | 2.47 Bn | 0.21 |
| 3 | Paccar | 65.64 Bn | 56.97 Bn | 1.56 Bn | 0.23 |
| 4 | Borgwarner | 13.75 Bn | 11.48 Bn | 721.00 Mn | 0.28 |
| 5 | Allison Transmission Holdings | 10.84 Bn | 10.44 Bn | 515.00 Mn | 0.47 |
| 6 | Oshkosh | 9.71 Bn | 9.31 Bn | 480.30 Mn | 0.11 |
| 7 | Federal Signal | 7.29 Bn | 7.22 Bn | 203.80 Mn | 0.19 |
| 8 | Terex | 7.23 Bn | 6.82 Bn | 444.00 Mn | 0.26 |
| 9 | Dana | 3.45 Bn | 3.18 Bn | 210.00 Mn | 0.22 |
| 10 | Phinia | 2.53 Bn | 2.16 Bn | 216.00 Mn | 0.28 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.28 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.27 |
| Mar 31, 2025 | 0.28 |
| Dec 31, 2024 | 0.30 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.26 |
| Mar 31, 2024 | 0.26 |
| Dec 31, 2023 | 0.26 |
| Sep 30, 2023 | 0.26 |
| Jun 30, 2023 | 0.25 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.25 |
| Sep 30, 2022 | 0.26 |
| Jun 30, 2022 | 0.26 |
| Mar 31, 2022 | 0.26 |
| Dec 31, 2021 | 0.26 |
| Sep 30, 2021 | 0.26 |