BorgWarner
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
9.478.696.765.81
Price/Sales ratio
0.630.600.560.51
Earnings per Share (EPS)
$4.42$4.81$6.19$7.2

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
16.7413.9962.7521.496.8310.5214.4717.578.8313.358.006.83
Price/Sales ratio
1.321.060.810.960.600.770.710.630.520.580.490.77
Price/Book Value ratio
3.032.402.312.541.501.661.121.351.151.431.161.66
Price/Cash Flow ratio
13.699.837.188.015.647.785.917.225.315.974.577.78
Price/Free Cash Flow ratio
45.9729.3613.8915.2410.9714.8910.0114.799.8514.778.2714.89
Price/Earnings Growth ratio
2.85-1.267.68-0.860.06-0.55-0.41-4.580.11-0.40-4.43-0.55
Dividend Yield
1.05%1.36%1.52%1.31%2.23%1.78%2.01%1.71%1.93%1.55%1.36%1.78%
Profitability Indicator Ratios
Gross Profit Margin
21.14%21.22%21.31%21.63%21.17%20.66%18.79%19.24%19.62%18.08%18.51%20.66%
Operating Profit Margin
11.60%11.71%2.49%10.99%11.30%12.81%0.85%4.27%4.94%8.17%8.53%12.81%
Pretax Profit Margin
11.80%11.55%2.10%10.85%11.35%12.44%9.48%5.31%8.34%6.97%7.50%12.44%
Net Profit Margin
7.89%7.59%1.30%4.48%8.83%7.33%4.91%3.61%5.97%4.40%6.33%7.33%
Effective Tax Rate
29.85%30.25%15.90%54.55%17.66%36.99%41.18%19.01%22.15%29.16%9.68%36.99%
Return on Assets
9.07%6.89%1.34%4.49%9.21%7.68%3.11%3.23%5.55%4.32%5.92%7.68%
Return On Equity
18.13%17.15%3.68%11.83%22.02%15.85%7.74%7.72%13.06%10.72%15.00%15.85%
Return on Capital Employed
19.04%14.49%3.35%14.62%15.46%17.67%0.71%4.96%6.12%10.85%10.59%17.67%
Liquidity Ratios
Current Ratio
1.371.331.391.461.581.641.61N/AN/AN/A1.841.58
Quick Ratio
1.131.021.081.141.261.301.281.331.161.301.471.26
Cash ratio
0.360.240.210.220.300.350.430.480.310.400.530.30
Days of Sales Outstanding
63.4475.7467.9775.1968.8969.31105.3871.7057.4080.3883.2368.89
Days of Inventory outstanding
28.1841.7832.7836.4234.3336.5156.8646.7248.4841.2043.1834.33
Operating Cycle
91.62117.53100.76111.62103.22105.83162.24118.43105.88121.59126.41103.22
Days of Payables Outstanding
54.5770.7864.4073.4665.3058.32100.4568.1961.6779.9068.7965.30
Cash Conversion Cycle
37.0446.7536.3638.1537.9247.5061.7950.2344.2141.6957.6237.92
Debt Ratios
Debt Ratio
0.180.280.250.220.200.200.230.260.240.260.300.20
Debt Equity Ratio
0.370.710.680.580.500.410.580.620.580.640.740.50
Long-term Debt to Capitalization
0.160.370.380.360.310.260.360.380.360.380.400.31
Total Debt to Capitalization
0.270.410.400.370.330.290.360.380.360.390.420.33
Interest Coverage Ratio
28.9616.8113.1817.3221.9322.3212.67N/AN/AN/A28.1321.93
Cash Flow to Debt Ratio
0.590.340.460.530.530.510.320.300.370.360.340.51
Company Equity Multiplier
1.992.482.742.632.382.062.482.382.352.472.452.38
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.090.100.110.120.100.090.120.080.090.090.110.10
Free Cash Flow / Operating Cash Flow Ratio
0.290.330.510.520.510.520.590.480.530.400.540.51
Cash Flow Coverage Ratio
0.590.340.460.530.530.510.320.300.370.360.340.51
Short Term Coverage Ratio
1.281.965.8813.956.523.5224.9719.7819.1319.133.943.52
Dividend Payout Ratio
17.70%19.14%95.69%28.21%15.25%18.76%29.2%30.16%17.05%20.8%11.03%18.76%