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| 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% |