Borgwarner (BWA) Gross Margin (2009 - 2026)
Borgwarner (BWA) posted quarterly Gross Margin of 19.16% for Q1 2026, up 98.0% year-over-year from 9.68% in Q1 2025, and down 6.36% on a QoQ basis from 20.46% in Q4 2025.
Borgwarner (BWA) Gross Margin (2009 - 2026) Analysis & Trends
Borgwarner (BWA) has reported Gross Margin for 18 consecutive years, with 19.16% the latest figure, recorded in 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 came in at 19.16% for Q1 2026 at Borgwarner, down from 20.46% in the prior quarter.
- The five-year high for Gross Margin was 20.46% in Q4 2025, with the low at 17.06% in Q1 2023.
- Average Gross Margin over 5 years is 18.61%, with a median of 18.52% recorded in 2023.
- The largest YoY upside for Gross Margin was 2846 bps in 2022 against a maximum downside of 209 bps in 2022.
- Year by year, Gross Margin stood at 19.26% in 2022, then fell by 3 bps to 18.71% in 2023, then grew by 6 bps to 19.86% in 2024, then rose by 3 bps to 20.46% in 2025, then decreased by 6 bps to 19.16% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 19.16%, 20.46%, and 18.49% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Advance Auto Parts | 65.13 Bn | 62.01 Bn | 869.00 Mn | 44.04% |
| 2 | Autozone | 53.07 Bn | 52.82 Bn | 2.52 Bn | 52.15% |
| 3 | Magna International | 17.54 Bn | 16.29 Bn | 1.42 Bn | 13.71% |
| 4 | Genuine Parts | 16.15 Bn | 15.67 Bn | 2.34 Bn | 37.33% |
| 5 | Aurora Innovation | 13.77 Bn | 12.55 Bn | -5.00 Mn | -500.00% |
| 6 | Borgwarner | 13.21 Bn | 13.37 Bn | 677.00 Mn | 19.16% |
| 7 | Aptiv | 12.84 Bn | 9.76 Bn | 920.00 Mn | 18.09% |
| 8 | Autoliv | 8.73 Bn | 8.37 Bn | 526.00 Mn | 19.11% |
| 9 | Modine Manufacturing | 8.68 Bn | 8.59 Bn | 186.10 Mn | 23.12% |
| 10 | Mobileye Global | 7.90 Bn | 6.68 Bn | 275.00 Mn | 49.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |