BWA
Published on 05/07/2025 at 06:37
Q1 2025 Highlights
(continuing operations basis)
$ in millions, except EPS
Net Sales
Adj. EPS*
Free Cash Flow*
Organic Sales*
Adj. EPS*
FCF*
Increase of ~0.1%
Increase of ~8%
Improvement of ~89%
Net Sales $3,515
Adj. Operating Margin*
Adj. Diluted EPS*
$1.11
Operating Margin
Diluted EPS
$0.72
9.4%
$3,595
Adj. Op Margin*
10.0%
($35)
($308)
$1.03
$1.11
Adj. Op Margin*
2025 Full Year Guidance Net Sales^
Q1 2024 Q1 2025
$3,515
Q1 2024 Q1 2025
Q1 2024 Q1 2025
Adj. Operating Margin*^
~9.6% to 10.2%
Adj. Diluted EPS*^
~$4.00 to $4.45
Operating Margin^
~8.1% to 8.6%
Diluted EPS^
~$3.44 to $3.85
High-Voltage eMotors
Award with a major North American OEM for hybrid full-size trucks and SUVs, as well
as a performance vehicle application
High-Voltage Coolant Heater (HVCH)
Award in North America with a global OEM for plug-in hybrid electric vehicles including
mid-size pickup trucks, SUVs and minivans`
($ in millions excl. diluted EPS)
Production expected to begin in 2028
Production expected to begin in 2027
*Adj. operating margin, adj. diluted EPS and Free Cash Flow on this slide are non-US-GAAP measures.
^Denotes a forward-looking statement that is based on current expectations. Actual results may differ materially due to risks and uncertainties that include, among others: supply disruptions impacting us or our customers; the challenges associated with rapidly changing technologies, particularly as they relate to electric vehicles, and our ability to innovate in response; and the difficulty in forecasting demand for electric vehicles and our electric vehicles revenue growth.
A reconciliation to US GAAP and a more fulsome list of risks & uncertainties appear in the latest BorgWarner earnings release: https://http://www.borgwarner.com/q1-2025-earnings.pdf
Exhaust Gas Recirculation (EGR) Components
Four program extensions with a major North American OEM used in passenger and light commercial vehicle platforms
Production expected to continue through end of 2029
Dual-Clutch Transmissions (DCT)
Two awards in China including a seven-year extension with a German OEM in China and a new award with a prominent transmission manufacturer
Production for the new award expected to begin in late 2025
Disclaimer
BorgWarner Inc. published this content on May 07, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on May 07, 2025 at 10:36 UTC.