BorgWarner
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. BorgWarner's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 10% to $14,198,000,000. Profit margin reached 4%. Total operating expenses were $1,408,000,000.
Profit Margin
| 2014 | 8.30B | 655.8M | 7.9% |
|---|---|---|---|
| 2015 | 8.02B | 609.7M | 7.6% |
| 2016 | 9.07B | 118.5M | 1.31% |
| 2017 | 9.79B | 439.9M | 4.49% |
| 2018 | 10.52B | 930.7M | 8.84% |
| 2019 | 10.16B | 746M | 7.34% |
| 2020 | 10.16B | 500M | 4.92% |
| 2021 | 14.83B | 537M | 3.62% |
| 2022 | 15.80B | 944M | 5.97% |
| 2023 | 14.19B | 625M | 4.4% |
BWA Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 14.19B | 15.80B | 14.83B | 10.16B | 10.16B | 10.52B | 9.79B | 9.07B | 8.02B | 8.30B |
Cost of revenue | 11.63B | 12.7B | 11.98B | 8.25B | 8.06B | 8.30B | 7.67B | 7.13B | 6.32B | 6.54B |
Gross profit | 2.56B | 3.10B | 2.85B | 1.91B | 2.10B | 2.22B | 2.12B | 1.93B | 1.70B | 1.75B |
Operating exp. | ||||||||||
Research and development | 856M | 701M | 707M | 476M | 413M | 440.1M | 407.5M | 343.2M | 307.4M | 392.8M |
Selling and marketing | 0 | 320M | 382M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 1.40B | 1.66B | 1.54B | 1.29B | 798M | 1.03B | 1.04B | 1.70B | 763.4M | 792.7M |
Operating income | 1.16B | 781M | 635M | 87M | 1.30B | 1.18B | 1.07B | 225.9M | 939.7M | 963.7M |
Other income (expenses), net | -169M | 537M | 154M | 346M | -38M | 58.3M | -9M | 42.9M | -12.9M | 16.4M |
Income before tax | 991M | 1.31B | 789M | 964M | 1.26B | 1.19B | 1.06B | 190.5M | 926.8M | 980.1M |
Income tax expense | 289M | 292M | 150M | 397M | 468M | 211.3M | 580.3M | 30.3M | 280.4M | 292.6M |
Net income | 625M | 944M | 537M | 500M | 746M | 930.7M | 439.9M | 118.5M | 609.7M | 655.8M |
Earnings per share | ||||||||||
Basic EPS | 2.68 | 4.01 | 2.26 | 2.35 | 3.63 | 4.47 | 2.09 | 2.78 | 2.57 | 2.89 |
Diluted EPS | 2.67 | 3.99 | 2.24 | 2.34 | 3.61 | 4.44 | 2.08 | 2.76 | 2.56 | 2.86 |
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