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Guidance history, every release

BorgWarner (BWA) · 8 releases, Oct 31, 2024 to Aug 5, 2026 · rows are metrics, columns are releases

Raised · a change from the previous releaseSame · restated unchanged— · not stated in that releaseEvery value links to its sentence in the filing

Metric	Oct 31, 2024 FY24 Q3	Feb 6, 2025 FY24 Q4	May 7, 2025 FY25 Q1	Jul 30, 2025 FY25 Q2	Oct 30, 2025 FY25 Q3	Feb 11, 2026 FY25 Q4	May 6, 2026 FY26 Q1	Aug 5, 2026 FY26 Q2
For FY2029
Share repurchase program authorization increase	—	—	—	—	—	—	—	New“$1 billion”
Total share repurchase authorization	—	—	—	—	—	—	—	New“approximately $1.35 billion”
For FY2028
Share repurchase program authorization	—	—	—	New“$1 billion”	—	—	—	—
For FY2027
Turbine generator system estimated sales, first year of production	—	—	—	—	—	New“more than $300 million”	—	—
For FY2026
Net sales	—	—	—	—	—	New“$14.0 billion to $14.3 billion”	Reiterated“$14.0 billion to $14.3 billion”	Reiterated“$14.0 billion to $14.3 billion”
Net sales implied year-over-year organic net sales change	—	—	—	—	—	—	—	New“down 3.5% to down 1.5%”
Organic net sales	—	—	—	—	—	—	—	New“down 3.5% to down 1.5%”
Organic net sales change (implied by)	—	—	—	—	—	—	New“down 3.5% to down 1.5%”	—
Organic sales change (year-over-year, implied by net sales)	—	—	—	—	—	New“down 3.5% to down 1.5%”	—	—
Adjusted net earnings per diluted share	—	—	—	—	—	New“$5.00 to $5.20”	Reiterated“$5.00 to $5.20”	Raised“$5.05 to $5.30”
Adjusted operating margin	—	—	—	—	—	New“10.7% to 10.9%”	Reiterated“10.7% to 10.9%”	Reiterated“10.7% to 10.9%”
Operating margin	—	—	—	—	—	New“9.8% to 10.0%”	Lowered“9.7% to 9.9%”	—
U.S. GAAP net earnings per diluted share	—	—	—	—	—	New“$4.74 to $4.91”	Lowered“$4.70 to $4.87”	Raised“$4.72 to $4.94”
U.S. GAAP operating margin	—	—	—	—	—	New“9.8% to 10.0%”	Lowered“9.7% to 9.9%”	Lowered“9.6% to 9.8%”
Annual cost savings (consolidation of North American Battery Systems business)	—	—	New“approximately $20 million”	—	—	—	—	—
Battery & Charging Systems headwind to organic growth	—	—	—	—	—	New“approximately a 1.5% headwind”	—	—
Battery & Charging Systems segment sales, year-over-year change	—	—	—	—	—	New“approximately $210 million”	—	—
Battery Energy Systems headwind to organic growth	—	—	—	—	—	—	New“approximately a 1.5% headwind”	—
Battery Energy Systems segment year-over-year sales decline	—	—	—	—	—	—	New“approximately $210 million”	Raised“approximately $250 million”
Estimated year-over-year change in light vehicle production - China	—	—	—	—	—	—	New“(4)% to (1.5)%”	—
Estimated year-over-year change in light vehicle production - Europe	—	—	—	—	—	—	New“(3)% to 0%”	—
Estimated year-over-year change in light vehicle production - Total BorgWarner Weighted	—	—	—	—	—	—	New“(3)% to (1)%”	—
Estimated Year-Over-Year Change in Production - Light vehicle - BorgWarner Weighted Total	—	—	—	—	—	—	—	New“(3)% to 0%”
Estimated Year-Over-Year Change in Production - Light vehicle - Total	—	—	—	—	—	—	—	New“(3)% to (1)%”
Estimated Year-Over-Year Change in Production, Light vehicle - China	—	—	—	—	—	New“(4)% to (1)%”	—	Lowered“(7)% to (4)%”
Estimated Year-Over-Year Change in Production, Light vehicle - Europe	—	—	—	—	—	New“(2)% to 0.5%”	—	Narrowed“(2)% to 1%”
Estimated Year-Over-Year Change in Production, Light vehicle - North America	—	—	—	—	—	New“(5)% to (1)%”	—	Narrowed“(2.5)% to 1.5%”
Estimated Year-Over-Year Change in Production, Light vehicle - Total BorgWarner Weighted Total	—	—	—	—	—	New“(3)% to 0%”	—	—
Foreign currencies impact on sales	—	—	—	—	—	—	New“a year-over-year increase in sales of approximately $200 million”	Lowered“a year-over-year increase in sales of approximately $175 million”
Foreign currencies impact on sales, year-over-year	—	—	—	—	—	New“approximately $200 million”	—	—
Free cash flow	—	—	—	—	—	New“$900 million to $1,100 million”	Reiterated“$900 million to $1,100 million”	Reiterated“$900 million to $1,100 million”
Operating cash flow	—	—	—	—	—	New“$1,600 million to $1,700 million”	Reiterated“$1,600 million to $1,700 million”	Reiterated“$1,600 million to $1,700 million”
R&D spending	—	—	—	—	—	—	—	New“plans to increase 2026 R&D spending”
Weighted light vehicle markets	—	—	—	—	—	New“down 3% to approximately flat”	Reiterated“down 3% to approximately flat”	Reiterated“down 3% to approximately flat”
For FY2025
Net sales	—	New“$13.4 billion to $14.0 billion”	Raised“$13.6 billion to $14.2 billion”	Raised“$14.0 billion to $14.4 billion”	Narrowed“$14.1 billion to $14.3 billion”	—	—	—
Net Sales	—	New“$13,400” – “$14,000”	—	—	—	—	—	—
Organic Net Sales Change %	—	New“(2.0)%” – “2.3%”	—	—	—	—	—	—
Adjusted Earnings per Diluted Share	—	New“$4.05” – “$4.40”	—	—	—	—	—	—
Adjusted net earnings per diluted share	—	New“$4.05 to $4.40”	Widened“$4.00 to $4.45”	Raised“$4.45 to $4.65”	Raised“$4.60 to $4.75”	—	—	—
Adjusted operating income	—	New“$1,345” – “$1,430”	—	—	—	—	—	—
Adjusted operating margin	—	New“10.0% to 10.2%”	Widened“9.6% to 10.2%”	Raised“10.1% to 10.3%”	Raised“10.3% to 10.5%”	—	—	—
Earnings per Diluted Share	—	New“$3.84” – “$4.12”	—	—	—	—	—	—
Net earnings	—	New“$3.84 to $4.12 per diluted share”	Lowered“$3.44 to $3.85 per diluted share”	Raised“$3.80 to $3.97 per diluted share”	Lowered“$3.52 to $3.63 per diluted share”	—	—	—
Net earnings per diluted share	—	New“$3.84 to $4.12”	Lowered“$3.44 to $3.85”	Raised“$3.80 to $3.97”	Lowered“$3.52 to $3.63”	—	—	—
Operating income	—	New“$1,219” – “$1,284”	—	—	—	—	—	—
Operating margin	—	New“9.1% to 9.2%”	Lowered“8.1% to 8.6%”	—	—	—	—	—
U.S. GAAP operating margin	—	—	—	New“8.3% to 8.5%”	Lowered“7.8% to 7.9%”	—	—	—
BorgWarner-Weighted estimated year-over-year change in production - China	—	—	—	—	New“6% to 7%”	—	—	—
BorgWarner-Weighted estimated year-over-year change in production - Europe	—	—	—	—	New“(2)% to (0.5)%”	—	—	—
BorgWarner-Weighted estimated year-over-year change in production - North America	—	—	—	—	New“(6)% to (4.5)%”	—	—	—
BorgWarner-Weighted estimated year-over-year change in production - Total	—	—	—	—	New“(1)% to 0%”	—	—	—
BorgWarner-Weighted production change - China	—	—	—	New“3% to 4.5%”	—	—	—	—
BorgWarner-Weighted production change - Europe	—	—	—	New“(2.5)% to (1.5)%”	—	—	—	—
BorgWarner-Weighted production change - North America	—	—	—	New“(7.5)% to (3.5)%”	—	—	—	—
BorgWarner-Weighted production change - Total	—	New“(3)% to (1)%”	—	Raised“(2.5)% to (0.5)%”	—	—	—	—
Commercial vehicle estimated year-over-year change in production - China	—	—	—	—	New“~8%”	—	—	—
Commercial vehicle estimated year-over-year change in production - Europe	—	—	—	—	New“~2.5%”	—	—	—
Commercial vehicle estimated year-over-year change in production - North America	—	—	—	—	New“~(21)%”	—	—	—
Commercial vehicle estimated year-over-year change in production - Total	—	—	—	—	New“~0%”	—	—	—
Commercial vehicle production change - China	—	—	—	New“~4.5%”	—	—	—	—
Commercial vehicle production change - Europe	—	—	—	New“~0%”	—	—	—	—
Commercial vehicle production change - North America	—	—	—	New“~(20)%”	—	—	—	—
Commercial vehicle production change - Total	—	New“3% to 7.5%”	—	Lowered“~(1)%”	—	—	—	—
Customer advances related to capital expenditures	—	—	—	New“7 - 7”	—	—	—	—
Estimated outgrowth above market production	—	New“approximately 100 to 300 basis points”	Raised“approximately 200 to 400 basis points”	Lowered“approximately 100 to 150 basis points”	—	—	—	—
Foreign currencies impact on sales	—	—	New“an increase in sales of $250 million compared to the Company’s previous guidance”	Raised“an increase in sales of $300 million compared to the Company’s previous guidance”	Lowered“an increase in sales of $30 million compared to the Company’s previous guidance”	—	—	—
Free cash flow	—	New“$650 million to $750 million”	Reiterated“$650 million to $750 million”	Raised“$700 million to $800 million”	Raised“$850 million to $950 million”	—	—	—
Impact of foreign currencies on sales	—	New“a year-over-year decrease in sales of approximately $410 million”	—	—	—	—	—	—
Increase in sales from stronger foreign currencies	—	—	New“an increase in sales of $250 million compared to the Company’s previous guidance”	—	—	—	—	—
Light vehicle estimated year-over-year change in production - Europe	—	—	—	—	New“(3)% to (1)%”	—	—	—
Light vehicle estimated year-over-year change in production - North America	—	—	—	—	New“(3)% to (1.5)%”	—	—	—
Light vehicle estimated year-over-year change in production - Total	—	—	—	—	New“1.5% to 2.5%”	—	—	—
Light vehicle production change - China	—	—	—	New“2.5% to 4.5%”	—	—	—	—
Light vehicle production change - Europe	—	—	—	New“(3)% to (2)%”	—	—	—	—
Light vehicle production change - North America	—	—	—	New“(6)% to (1.5)%”	—	—	—	—
Light vehicle production change - Total	—	New“(2.5)% to (1.5)%”	—	Raised“(0.5)% to 1.5%”	—	—	—	—
LV/CV Weighted Market	—	New“(1.0)%” – “(3.0)%”	—	—	—	—	—	—
Net cash provided by operating activities	—	New“$1,325” – “$1,375”	—	—	—	—	—	—
Operating cash flow	—	New“$1,325 million to $1,375 million”	Widened“$1,323 million to $1,375 million”	Raised“$1,368 million to $1,418 million”	Raised“$1,434 million to $1,484 million”	—	—	—
Organic sales	—	New“down 2% to up 2%”	Reiterated“down 2% to up 2%”	—	Narrowed“down 1% to approximately flat”	—	—	—
Organic sales change (implied by sales)	—	—	—	New“down 1.5% to up 1%”	—	—	—	—
Outgrowth	—	New“1.0%” – “3.3%”	—	—	—	—	—	—
Sales outgrowth	—	New“continued sales outgrowth”	—	—	—	—	—	—
Weighted light and commercial vehicle markets	—	New“down 3.0% to down 1.0%”	Lowered“down 4% to down 2%”	Raised“down 2.5% to down 0.5%”	Narrowed“down 1% to approximately flat”	—	—	—
Year-over-year change in organic sales	—	New“down 2% to up 2%”	Reiterated“down 2% to up 2%”	—	Narrowed“down 1% to approximately flat”	—	—	—
For FY2024
Net sales	New“$14.0 billion to $14.2 billion”	—	—	—	—	—	—	—
Adjusted net earnings per diluted share	New“in the range of $4.15 to $4.30”	—	—	—	—	—	—	—
Adjusted operating margin	New“9.8% to 10.0%”	—	—	—	—	—	—	—
Net earnings	New“$4.17 to $4.28 per diluted share”	—	—	—	—	—	—	—
Net earnings per diluted share	New“within a range of $4.17 to $4.28”	—	—	—	—	—	—	—
Operating margin	New“8.1% to 8.2%”	—	—	—	—	—	—	—
Acquisitions impact on sales (SSE and Electric Hybrid Systems business segment of Eldor Corporation)	New“increase year-over-year sales by approximately $30 million”	—	—	—	—	—	—	—
BorgWarner-Weighted production change - China	New“1 to 1.5%”	—	—	—	—	—	—	—
BorgWarner-Weighted production change - Europe	New“(7)% to (6.5)%”	—	—	—	—	—	—	—
BorgWarner-Weighted production change - North America	New“(2)% to (1)%”	—	—	—	—	—	—	—
BorgWarner-Weighted production change - Total	New“(3.5)% to (3)%”	—	—	—	—	—	—	—
Commercial vehicle production change - China	New“~2%”	—	—	—	—	—	—	—
Commercial vehicle production change - Europe	New“~(15)%”	—	—	—	—	—	—	—
Commercial vehicle production change - North America	New“~(4.5)%”	—	—	—	—	—	—	—
Commercial vehicle production change - Total	New“~(2.5)%”	—	—	—	—	—	—	—
EProduct sales	New“approximately $2.4 billion”	—	—	—	—	—	—	—
Estimated outgrowth above market production	New“approximately 200 to 300 basis points”	—	—	—	—	—	—	—
Foreign currencies impact on sales	New“a year-over-year decrease in sales of approximately $20 million”	—	—	—	—	—	—	—
Free cash flow	New“$475 million to $575 million”	—	—	—	—	—	—	—
Light vehicle production change - China	New“1% to 1.5%”	—	—	—	—	—	—	—
Light vehicle production change - Europe	New“(5.5)% to (5)%”	—	—	—	—	—	—	—
Light vehicle production change - North America	New“(1.5)% to (0.5)%”	—	—	—	—	—	—	—
Light vehicle production change - Total	New“(2.5)% to (2)%”	—	—	—	—	—	—	—
Operating cash flow	New“$1,325 million to $1,375 million”	—	—	—	—	—	—	—
Organic sales change (implied by sales)	New“a year-over-year decrease in organic sales of approximately (1.5)% to flat”	—	—	—	—	—	—	—
Weighted light and commercial vehicle markets	New“down 3.5% to down 3%”	—	—	—	—	—	—	—
No period stated
Annualized adjusted operating losses eliminated (exiting Charging business)	—	—	New“approximately $30 million”	—	—	—	—	—
Elimination of annualized adjusted operating losses from Charging business exit	—	—	New“approximately $30 million”	—	—	—	—	—
Quarterly cash dividend per share	—	—	—	New“55% increase”	—	—	—	—
Quarterly cash dividend per share increase	—	—	—	New“55% increase”	—	—	—	—
Turbine generator system estimated sales	—	—	—	—	—	New“more than $300 million”	—	—

Values in quotation marks are the company’s words. Change labels compare each statement with the same metric and target year in the previous release. HighGravityData does not judge whether guidance was met.