Borgwarner (BWA) Times Interest Earned (2009 - 2023)
Borgwarner (BWA) posted Times Interest Earned of 27.75 for Q2 2023, up 1.28% on a QoQ basis from 27.4 in Q1 2023, and up 53.03% year-over-year from 18.13 in Q2 2022.
Analysis
Borgwarner (BWA) Times Interest Earned (2009 - 2023) Analysis & Trends
Borgwarner has reported Times Interest Earned for 15 years, with the latest figure at 27.75 in Q2 2023.
- On a quarterly basis, Times Interest Earned rose 53.03% year-over-year to 27.75 in Q2 2023; TTM through Jun 2023 was 25.84, a 108.5% increase from a year earlier, with the FY2022 full-year figure at 19.4, up 97.44% from the prior year.
- Times Interest Earned was 27.75 for Q2 2023 at Borgwarner, up from 27.4 in the prior quarter.
- The five-year high for Times Interest Earned was 39.83 in Q4 2019, with the low at 4.33 in Q2 2020.
- Average Times Interest Earned over 5 years is 18.33, with a median of 19.16 recorded in 2020.
- The sharpest annual moves came in 2020 and 2022: Times Interest Earned sank 121.29% in 2020, then surged 908.47% in 2022.
- Over 5 years, Times Interest Earned stood at 39.83 in 2019, then slumped by 51.16% to 19.45 in 2020, then tumbled by 116.85% to 3.28 in 2021, then soared by 908.47% to 26.5 in 2022, then gained by 4.72% to 27.75 in 2023.
- The last three Times Interest Earned figures came in at 27.75 (Q2 2023), 27.4 (Q1 2023), and 26.5 (Q4 2022), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 371.83 Bn | 365.11 Bn | 7.76 Bn | 11.86 |
| 2 | Cummins | 73.24 Bn | 69.63 Bn | 2.47 Bn | 15.99 |
| 3 | Paccar | 61.09 Bn | 52.42 Bn | 1.56 Bn | - |
| 4 | Borgwarner | 12.90 Bn | 10.63 Bn | 721.00 Mn | - |
| 5 | Allison Transmission Holdings | 9.67 Bn | 9.27 Bn | 515.00 Mn | - |
| 6 | Oshkosh | 9.07 Bn | 8.66 Bn | 480.30 Mn | 7.92 |
| 7 | Federal Signal | 6.95 Bn | 6.88 Bn | 203.80 Mn | 19.70 |
| 8 | Terex | 6.75 Bn | 6.34 Bn | 444.00 Mn | 3.74 |
| 9 | Dana | 3.21 Bn | 2.94 Bn | 210.00 Mn | 3.62 |
| 10 | Phinia | 2.25 Bn | 1.88 Bn | 216.00 Mn | 3.81 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2023 | 27.75 |
| Mar 31, 2023 | 27.40 |
| Dec 31, 2022 | 26.50 |
| Sep 30, 2022 | 22.08 |
| Jun 30, 2022 | 18.13 |
| Mar 31, 2022 | 23.47 |
| Dec 31, 2021 | -3.28 |
| Sep 30, 2021 | 14.06 |
| Jun 30, 2021 | 8.13 |
| Mar 31, 2021 | 22.39 |
| Dec 31, 2020 | 19.45 |
| Sep 30, 2020 | 14.20 |
| Jun 30, 2020 | -4.33 |
| Mar 31, 2020 | 16.50 |
| Dec 31, 2019 | 39.83 |
| Sep 30, 2019 | 18.40 |
| Jun 30, 2019 | 20.36 |
| Mar 31, 2019 | 18.86 |
| Dec 31, 2018 | 19.00 |
| Sep 30, 2018 | 19.86 |