BorgWarner Inc (BWA)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,648,000 | 2,568,000 | 2,369,000 | 2,855,000 | 1,910,000 |
| Revenue | US$ in thousands | 14,086,000 | 14,198,000 | 12,635,000 | 14,838,000 | 10,165,000 |
| Gross profit margin | 18.80% | 18.09% | 18.75% | 19.24% | 18.79% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,648,000K ÷ $14,086,000K
= 18.80%
Based on the provided data, BorgWarner Inc's gross profit margin has shown some fluctuations over the past five years. It increased from 18.79% as of December 31, 2020, to 19.24% as of December 31, 2021, indicating an improvement in the company's ability to generate profits from its core operations.
However, there was a slight decline in the gross profit margin to 18.75% as of December 31, 2022, followed by a further decrease to 18.09% as of December 31, 2023. This trend suggests some challenges in maintaining the profitability of BorgWarner Inc's products or services during these periods.
Nevertheless, there was a recovery in the gross profit margin to 18.80% as of December 31, 2024, which may indicate that the company implemented strategies to enhance its profitability in that year.
Overall, while BorgWarner Inc experienced fluctuations in its gross profit margin over the past five years, it is essential for the company to assess the factors influencing these changes and implement measures to sustainably improve its profitability in the future.
Peer comparison
Dec 31, 2024