What does drivetrain — restructuring expense mean?

The costs incurred to reorganize or downsize the Drivetrain and Battery Systems segment.

How do you interpret drivetrain — restructuring expense?

An increase suggests active efforts to reduce costs or pivot the business model, which may signal short-term pressure but potential long-term margin improvement.

How does drivetrain — restructuring expense compare across companies?

Commonly reported as 'restructuring charges' or 'special items' in segment-level financial disclosures across the automotive supply industry.

BorgWarner BWA Drivetrain — Restructuring expense

Discontinued — last reported Q4 '20

Similar metrics at other companies

APTVPowertrain Systems — Restructuring Charges

$17M—

APTVPowertrainsystems — Restructuring Charges

$4M-81.8%

LFUSAutomotive — Restructuring Charges

$97K-40.1%

RRXIndustrial Powertrain Solutions — Total restructuring and restructuring-related costs

$3.9M-55.7%

DOVEngineered Systems Segment — Restructuring Charges

$852K-92.0%

MODAutomotive — Severance Costs1

$4.98M—

Other financials

Income statement

See full

Revenue$3.5B+0.5%

Gross profit$677.0M+5.9%

Operating income$336.0M+41.8%

Net income$242.0M+54.1%

EPS (diluted)$1.16+61.1%

Balance sheet

See full

Cash & equivalents$2.3B+10.5%

Total debt$4.1B+2.1%

Total equity$5.5B-4.2%

Total assets$13.7B-1.3%

Cash flow

See full

Operating cash flow$152.0M+85.4%

CapEx$143.0M+20.2%

Free cash flow$9.0M+124%

Valuation

See full

Market cap$14.74B+77.6%

P/E18.9×-7.9×

P/S1×+0.4×

Profitability

See full

Gross margin18.9%0.0pp

Operating margin8.1%-0.1pp

Net margin6.3%+1.1pp

FCF margin8.5%+1.5pp

Returns & leverage

See full

Return on equity15%+3.5pp

Debt / equity0.7×0.0×

Current ratio2.1×+0.2×

Where this comes from

Reported directly by BorgWarner in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The official record: BorgWarner’s 10-K, filed February 22, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does drivetrain — restructuring expense mean?: The costs incurred to reorganize or downsize the Drivetrain and Battery Systems segment.
How do you interpret drivetrain — restructuring expense?: An increase suggests active efforts to reduce costs or pivot the business model, which may signal short-term pressure but potential long-term margin improvement.
How does drivetrain — restructuring expense compare across companies?: Commonly reported as 'restructuring charges' or 'special items' in segment-level financial disclosures across the automotive supply industry.