BorgWarner reported net income of approximately $0.7 billion for fiscal year 2024, as restructuring charges tied to its EV transition and the divestiture of combustion-focused business units weighed on reported earnings. The company's adjusted operating income remained stable above $1.4 billion, reflecting a solid underlying business despite significant strategic portfolio changes underway.
Annual Earnings Of BorgWarner
| Year |
Net Income (USD) |
YoY Change |
| 2015 | $0.86B | — |
| 2016 | $0.74B | −14.0% |
| 2017 | $0.88B | +18.9% |
| 2018 | $1.06B | +20.5% |
| 2019 | $0.76B | −28.3% |
| 2020 | $0.42B | −44.7% |
| 2021 | $0.70B | +66.7% |
| 2022 | $0.62B | −11.4% |
| 2023 | $0.52B | −16.1% |
| 2024 | $0.70B | +34.6% |
BorgWarner P/E Ratio
| Year |
P/E Ratio |
YoY Change |
| 2015 | 10.7x | — |
| 2016 | 11.1x | +3.7% |
| 2017 | 13.0x | +17.1% |
| 2018 | 7.5x | −42.3% |
| 2019 | 12.4x | +65.3% |
| 2020 | 24.3x | +96.0% |
| 2021 | 19.7x | −18.9% |
| 2022 | 13.5x | −31.5% |
| 2023 | 13.8x | +2.2% |
| 2024 | 9.3x | −32.6% |
