Borgwarner (BWA) Gross Margin (2009 - 2026)

Borgwarner (BWA) recorded quarterly Gross Margin of 19.16% in Q1 2026, down 6.36% quarter-over-quarter from 20.46% in Q4 2025, and up 98.0% on a YoY basis from 9.68% in Q1 2025.

Borgwarner (BWA) Gross Margin (2009 - 2026) Analysis & Trends

Borgwarner's Gross Margin history runs 18 years deep, the most recent figure standing at 19.16% for Q1 2026.

  • In Q1 2026, Gross Margin rose 98.0% year-over-year to 19.16%; the TTM figure through Mar 2026 stood at 18.92% (up 5.0% YoY), while the FY2025 annual figure was 18.68%, down 12.0% from the prior year.
  • Gross Margin was 19.16% for Q1 2026 at Borgwarner, down from 20.46% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 20.46% in Q4 2025 to a low of 17.06% in Q1 2023.
  • Historically, Gross Margin has averaged 18.61% across 5 years, with a median of 18.52% in 2023.
  • Biggest YoY gain for Gross Margin was 2846 bps in 2022; the steepest drop was 209 bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 19.26% in 2022, then slipped by 3 bps to 18.71% in 2023, then gained by 6 bps to 19.86% in 2024, then climbed by 3 bps to 20.46% in 2025, then declined by 6 bps to 19.16% in 2026.
  • The last three Gross Margin figures came in at 19.16% (Q1 2026), 20.46% (Q4 2025), and 18.49% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 O Reilly Automotive 76.00 Bn 75.75 Bn 2.35 Bn 51.47%
2 Autozone 51.46 Bn 51.20 Bn 2.52 Bn 52.15%
3 Modine Manufacturing 15.07 Bn 14.98 Bn 186.10 Mn 23.12%
4 Borgwarner 14.88 Bn 15.05 Bn 677.00 Mn 19.16%
5 Genuine Parts 14.73 Bn 14.25 Bn 2.34 Bn 37.33%
6 Aptiv 13.96 Bn 10.89 Bn 920.00 Mn 18.09%
7 Aurora Innovation 11.93 Bn 10.71 Bn -5.00 Mn -500.00%
8 Magna International 10.79 Bn 9.60 Bn 1.42 Bn 13.71%
9 Allison Transmission Holdings 10.06 Bn 9.75 Bn 406.00 Mn 28.88%
10 Autoliv 9.12 Bn 8.77 Bn 526.00 Mn 19.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.16%
Dec 31, 2025 20.46%
Sep 30, 2025 18.49%
Jun 30, 2025 17.59%
Mar 31, 2025 18.18%
Dec 31, 2024 19.86%
Sep 30, 2024 18.44%
Jun 30, 2024 19.01%
Mar 31, 2024 17.91%
Dec 31, 2023 18.71%
Sep 30, 2023 18.00%
Jun 30, 2023 18.52%
Mar 31, 2023 17.06%
Dec 31, 2022 19.26%
Sep 30, 2022 18.82%
Jun 30, 2022 18.19%
Mar 31, 2022 18.67%
Dec 31, 2021 -9.19%
Sep 30, 2021 19.03%
Jun 30, 2021 20.28%