Borgwarner (BWA) Tax Rate (2009 - 2026)
Borgwarner (BWA) posted Tax Rate of 21.77% for Q2 2026, down 2.17% on a QoQ basis from 22.26% in Q1 2026, and up 346.0% year-over-year from 4.88% in Q2 2025.
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Analysis
Borgwarner (BWA) Tax Rate (2009 - 2026) Analysis & Trends
Borgwarner has reported Tax Rate for 18 years, with the latest figure at 21.77% in Q2 2026.
- On a quarterly basis, Tax Rate rose 346.0% year-over-year to 21.77% in Q2 2026; TTM through Jun 2026 was 32.49%, a 880.0% increase from a year earlier, with the FY2025 full-year figure at 36.07%, up 1548.0% from the prior year.
- Tax Rate was 21.77% for Q2 2026 at Borgwarner, down from 22.26% in the prior quarter.
- The five-year high for Tax Rate was 231.03% in Q4 2024, with the low at 10.4% in Q2 2024.
- Average Tax Rate over 5 years is 31.56%, with a median of 22.02% recorded in 2026.
- The sharpest annual moves came in 2024 and 2025: Tax Rate surged 20527 bps in 2024, then sank 23145 bps in 2025.
- Over 5 years, Tax Rate stood at 8.41% in 2022, then surged by 206 bps to 25.76% in 2023, then surged by 797 bps to 231.03% in 2024, then slumped by 100 bps to 0.42% in 2025, then surged by 5326 bps to 21.77% in 2026.
- The last three Tax Rate figures came in at 21.77% (Q2 2026), 22.26% (Q1 2026), and 0.42% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.83 Bn | 365.11 Bn | 7.76 Bn | 23.15% |
| 2 | Cummins | 73.24 Bn | 69.63 Bn | 2.47 Bn | 25.14% |
| 3 | Paccar | 61.09 Bn | 52.42 Bn | 1.56 Bn | 23.38% |
| 4 | Borgwarner | 12.90 Bn | 10.63 Bn | 721.00 Mn | 21.77% |
| 5 | Allison Transmission Holdings | 9.67 Bn | 9.27 Bn | 515.00 Mn | 20.61% |
| 6 | Oshkosh | 9.07 Bn | 8.66 Bn | 480.30 Mn | 16.93% |
| 7 | Federal Signal | 6.95 Bn | 6.88 Bn | 203.80 Mn | 22.71% |
| 8 | Terex | 6.75 Bn | 6.34 Bn | 444.00 Mn | 20.86% |
| 9 | Dana | 3.21 Bn | 2.94 Bn | 210.00 Mn | 91.53% |
| 10 | Phinia | 2.25 Bn | 1.88 Bn | 216.00 Mn | 40.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.77% |
| Mar 31, 2026 | 22.26% |
| Dec 31, 2025 | -0.42% |
| Sep 30, 2025 | 30.24% |
| Jun 30, 2025 | 18.31% |
| Mar 31, 2025 | 26.29% |
| Dec 31, 2024 | 231.03% |
| Sep 30, 2024 | 4.81% |
| Jun 30, 2024 | -10.40% |
| Mar 31, 2024 | 21.38% |
| Dec 31, 2023 | 25.76% |
| Sep 30, 2023 | 55.88% |
| Jun 30, 2023 | 10.87% |
| Mar 31, 2023 | 27.02% |
| Dec 31, 2022 | 8.41% |
| Sep 30, 2022 | 26.15% |
| Jun 30, 2022 | 19.79% |
| Mar 31, 2022 | 28.89% |
| Dec 31, 2021 | 67.74% |
| Sep 30, 2021 | 40.31% |