Borgwarner (BWA) Tax Rate (2009 - 2026)
Borgwarner (BWA) reported Tax Rate of 21.77% for Q2 2026, up 3.46 percentage points from 18.31% a year earlier but down 0.48 percentage points from the prior quarter.
Borgwarner (BWA) Tax Rate (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Borgwarner's Tax Rate came in at 32.49%, up 8.80 percentage points year-over-year; for FY2025, it was 36.07%, up 15.48 percentage points from FY2024.
- Tax Rate has a five-year change of -5.11 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 20.59% in FY2024 (-8.57 pp), 29.16% in FY2023 (+7.80 pp), 21.36% in FY2022 (+8.61 pp) and 12.75% in FY2021 (-28.44 pp).
- Five-year quarterly Tax Rate spans a low of -10.40% in Q2 2024 and a high of 231.03% in Q4 2024.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of -2.35 percentage points.
- The high point for year-over-year Tax Rate in five years was Q4 2024 (a gain of 205.27 percentage points); the low point was Q4 2025 (a drop of 231.45 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.26% (Q1 2026), -0.42% (Q4 2025) and 30.24% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 333.79 Bn | 305.49 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 197.60 Bn | 192.18 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 169.21 Bn | 137.30 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 152.39 Bn | 149.57 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.22 Bn | 120.34 Bn | 2.25 Bn | 18.51% |
| 6 | Emerson Electric | 89.77 Bn | 82.51 Bn | 2.66 Bn | 21.62% |
| 7 | 3M | 84.26 Bn | 65.66 Bn | 2.68 Bn | 16.34% |
| 8 | Vertiv Holdings | 79.29 Bn | 69.91 Bn | 1.23 Bn | 19.71% |
| 9 | Illinois Tool Works | 77.45 Bn | 74.01 Bn | 1.90 Bn | 24.54% |
| 10 | Borgwarner | 11.82 Bn | 2.78 Bn | 721.00 Mn | 21.77% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.77% |
| Mar 31, 2026 | 22.26% |
| 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% |
| 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% |
| Sep 30, 2021 | 40.31% |
| Jun 30, 2021 | 9.27% |
| Mar 31, 2021 | 30.88% |
| Dec 31, 2020 | 35.40% |
Borgwarner Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=BWA&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BWA", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=BWA&period=max&api_key=YOUR_API_KEY");
const data = await res.json();