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BorgWarner BWA Turbos & Thermal Technologies — Restructuring expense, net

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Other financials

Income statement

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Revenue$3.6B+0.3%
Gross profit$721.0M+12.7%
Operating income$370.0M+28.0%
Net income$277.0M+23.7%
EPS (diluted)$1.34+30.1%

Balance sheet

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Cash & equivalents$2.3B+10.5%
Total debt$4.1B-0.3%
Total equity$5.6B-5.1%
Total assets$13.9B-3.2%

Cash flow

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Operating cash flow$586.0M+1.2%
CapEx$96.0M+24.7%
Free cash flow$490.0M-2.4%

Valuation

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Market cap$13.7B+66.4%
P/E15.2×-6.4×
P/S+0.4×

Profitability

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Gross margin19.5%+1.0pp
Operating margin8.1%-0.1pp
Net margin6.3%+1.1pp
FCF margin8.5%0.0pp

Returns & leverage

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Return on equity15%+3.5pp
Debt / equity0.7×0.0×
Current ratio2.1×+0.1×

Where this comes from

Reported directly by BorgWarner in its filing.

Tagged under the XBRL concept us-gaap:RestructuringCharges.

The source filing: BorgWarner’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 12:20 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000908255-26-000051
  • During the three and six months ended June 30, 2026, the segment recorded $4 million and $13 million, respectively, of restructuring costs for individually approved restructuring actions. For the six months ended June 30, 2026, these costs were primarily comprised of $10 million of employee termination benefits and $3 million of contractual settlement expense and professional fees for facilities in Mexico and Europe.
  • During the three and six months ended June 30, 2025, the segment recorded $10 million of restructuring costs for individually approved restructuring actions. For the six months ended June 30, 2025, these costs were primarily comprised of $8 million of employee termination benefits and $2 million of contractual settlement expense for facilities in Europe and China.

Item 1. Financial Statements

FAQ

What is BorgWarner's turbos & thermal technologies — restructuring expense, net?
BorgWarner (BWA) reported turbos & thermal technologies — restructuring expense, net of $10M in Q2 2026.
How has BorgWarner's turbos & thermal technologies — restructuring expense, net changed year-over-year?
BorgWarner's turbos & thermal technologies — restructuring expense, net decreased by 0.0% year-over-year, from $10M to $10M.
What does turbos & thermal technologies — restructuring expense, net mean?
Captures the total accounting expense recognized for restructuring initiatives within the segment, such as severance, asset write-downs, and lease terminations. This reflects the P&L impact of strategic efforts to streamline operations and improve long-term profitability.

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