HighGravityDataBorgWarner — Jul 30, 2025 release
Fiscal 2025 second-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0000908255-25-000030
Showing in the filing
Customer advances related to capital expenditures
“7 - 7”
Period
FY2025
Measure
Company-defined measure
Source
Guidance table
All guidance in this release · 28
Share repurchase program authorization for FY2028
“$1 billion”
Quarterly cash dividend per share
“55% increase”
Quarterly cash dividend per share increase
“55% increase”
Net sales for FY2025
“$14.0 billion to $14.4 billion”
Weighted light and commercial vehicle markets for FY2025
“down 2.5% to down 0.5%”
Organic sales change (implied by sales) for FY2025
“down 1.5% to up 1%”
Estimated outgrowth above market production for FY2025
“approximately 100 to 150 basis points”
Foreign currencies impact on sales for FY2025
“an increase in sales of $300 million compared to the Company’s previous guidance”
U.S. GAAP operating margin for FY2025
“8.3% to 8.5%”
Adjusted operating margin for FY2025
“10.1% to 10.3%”
Net earnings for FY2025
“$3.80 to $3.97 per diluted share”
Net earnings per diluted share for FY2025
“$3.80 to $3.97”
Adjusted net earnings per diluted share for FY2025
“$4.45 to $4.65”
Operating cash flow for FY2025
“$1,368 million to $1,418 million”
Free cash flow for FY2025
“$700 million to $800 million”
Customer advances related to capital expendi… for FY2025
“7 - 7”
Light vehicle production change - North Amer… for FY2025
“(6)% to (1.5)%”
Light vehicle production change - Europe for FY2025
“(3)% to (2)%”
Light vehicle production change - China for FY2025
“2.5% to 4.5%”
Light vehicle production change - Total for FY2025
“(0.5)% to 1.5%”
Commercial vehicle production change - North… for FY2025
“~(20)%”
Commercial vehicle production change - Europe for FY2025
“~0%”
Commercial vehicle production change - China for FY2025
“~4.5%”
Commercial vehicle production change - Total for FY2025
“~(1)%”
BorgWarner-Weighted production change - Nort… for FY2025
“(7.5)% to (3.5)%”
BorgWarner-Weighted production change - Europe for FY2025
“(2.5)% to (1.5)%”
BorgWarner-Weighted production change - China for FY2025
“3% to 4.5%”
BorgWarner-Weighted production change - Total for FY2025
“(2.5)% to (0.5)%”
Exhibit 99.1 · the passage around this item
… earlier in the release
Net Sales by Reportable Segment (Unaudited) (in millions) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Turbos & Thermal Technologies $ 1,481 $ 1,515 $ 2,935 $ 3,089 Drivetrain & Morse Systems 1,429 1,442 2,790 2,861 PowerDrive Systems 581 464 1,142 900 Battery & Charging Systems 159 193 309 370 Inter-segment eliminations (12) (11) (23) (22) Net sales $ 3,638 $ 3,603 $ 7,153 $ 7,198 Segment Adjusted Operating Income (Loss) (Unaudited) (in millions) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Turbos & Thermal Technologies $ 227 $ 224 $ 462 $ 452 Drivetrain & Morse Systems 260 266 503 519 PowerDrive Systems (33) (49) (76) (111) Battery & Charging Systems (12) (10) (34) (25) Segment Adjusted Operating Income 442 431 855 835 Corporate, including stock-based compensation 69 55 130 120 Restructuring expense 17 25 48 44 Impairment charges 3 — 42 — Intangible asset amortization expense 16 17 33 34 Costs to exit charging business 6 — 32 — Accelerated depreciation 21 8 21 8 Write-off of customer incentive asset 7 — 7 — Chief Executive Officer ("CEO") transition compensation 6 — 6 — Loss on sale of assets 5 — 5 — Merger and acquisition expense, net — — 2 5 Loss (gain) on sale of businesses — — 1 (3) Commercial contract settlement — 15 — 15 Adjustments associated with Spin-Off related balances 2 11 (1) 11 Other non-comparable items 1 3 3 9 Equity in affiliates’ earnings, net of tax (8) (12) (18) (17) Unrealized (gain) loss on equity securities (1) — (1) 2 Interest expense, net 12 8 24 13 Other postretirement expense 2 3 5 6 Earnings from continuing operations before income taxes and noncontrolling interest $ 284 $ 298 $ 516 $ 588 Provision (benefit) for income taxes 52 (31) 113 31 Net earnings from continuing operations 232 329 403 557 Net earnings from continuing operations attributable to noncontrolling interest 8 14 22 29 Net earnings from continuing operations attributable to BorgWarner Inc. $ 224 $ 315 $ 381 $ 528 7 BorgWarner Inc. Condensed Consolidated Balance Sheets (Unaudited) (in millions) June 30, 2025 December 31, 2024 ASSETS Cash, cash equivalents and restricted cash $ 2,041 $ 2,094 Receivables, net 3,198 2,843 Inventori
later in the release …
the item shown at left
other guidance in this release
Text is the filed exhibit, verbatim.