Borgwarner (BWA) Net Margin (2009 - 2026)
Borgwarner (BWA) posted Net Margin of 7.98% for Q2 2026, up 10.52% on a QoQ basis from 7.22% in Q1 2026, and up 160.0% year-over-year from 3.07% in Q2 2025.
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Borgwarner (BWA) Net Margin (2009 - 2026) Analysis & Trends
Borgwarner has reported Net Margin for 18 years, with the latest figure at 7.98% in Q2 2026.
- On a quarterly basis, Net Margin rose 160.0% year-over-year to 7.98% in Q2 2026; TTM through Jun 2026 was 3.33%, a 103.0% decrease from a year earlier, with the FY2025 full-year figure at 2.34%, down 49.0% from the prior year.
- Net Margin was 7.98% for Q2 2026 at Borgwarner, up from 7.22% in the prior quarter.
- The five-year high for Net Margin was 9.11% in Q3 2022, with the low at 6.75% in Q4 2025.
- Average Net Margin over 5 years is 5.44%, with a median of 6.59% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Margin soared 1483 bps in 2022, then plunged 724 bps in 2023.
- Over 5 years, Net Margin stood at 8.38% in 2022, then tumbled by 41 bps to 4.97% in 2023, then sank by 123 bps to 1.16% in 2024, then plunged by 480 bps to 6.75% in 2025, then surged by 218 bps to 7.98% in 2026.
- The last three Net Margin figures came in at 7.98% (Q2 2026), 7.22% (Q1 2026), and 6.75% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 374.13 Bn | 367.42 Bn | 7.76 Bn | 17.49% |
| 2 | Cummins | 77.17 Bn | 73.56 Bn | 2.47 Bn | 9.86% |
| 3 | Paccar | 65.64 Bn | 56.97 Bn | 1.56 Bn | 9.96% |
| 4 | Borgwarner | 13.75 Bn | 11.48 Bn | 721.00 Mn | 7.98% |
| 5 | Allison Transmission Holdings | 10.84 Bn | 10.44 Bn | 515.00 Mn | 11.56% |
| 6 | Oshkosh | 9.71 Bn | 9.31 Bn | 480.30 Mn | 6.26% |
| 7 | Federal Signal | 7.29 Bn | 7.22 Bn | 203.80 Mn | 12.85% |
| 8 | Terex | 7.23 Bn | 6.82 Bn | 444.00 Mn | 4.92% |
| 9 | Dana | 3.45 Bn | 3.18 Bn | 210.00 Mn | -0.25% |
| 10 | Phinia | 2.53 Bn | 2.16 Bn | 216.00 Mn | 4.26% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.98% |
| Mar 31, 2026 | 7.22% |
| Dec 31, 2025 | -6.75% |
| Sep 30, 2025 | 4.82% |
| Jun 30, 2025 | 6.38% |
| Mar 31, 2025 | 4.86% |
| Dec 31, 2024 | -1.16% |
| Sep 30, 2024 | 7.22% |
| Jun 30, 2024 | 8.80% |
| Mar 31, 2024 | 6.15% |
| Dec 31, 2023 | 4.97% |
| Sep 30, 2023 | 1.88% |
| Jun 30, 2023 | 6.05% |
| Mar 31, 2023 | 6.80% |
| Dec 31, 2022 | 8.38% |
| Sep 30, 2022 | 9.11% |
| Jun 30, 2022 | 7.58% |
| Mar 31, 2022 | 7.59% |
| Dec 31, 2021 | -6.45% |
| Sep 30, 2021 | 3.43% |