BorgWarner Inc (BWA)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 2,648,000 | 2,624,000 | 2,640,000 | 2,635,000 | 2,568,000 | 3,280,000 | 3,235,000 | 3,267,000 | 3,440,000 | 2,694,000 | 2,737,000 | 2,787,000 | 2,855,000 | 3,002,000 | 2,869,000 | 2,281,000 | 1,910,000 | 1,683,000 | 1,690,000 | 2,029,000 |
| Revenue (ttm) | US$ in thousands | 25,729,000 | 24,766,000 | 21,544,000 | 18,850,000 | 15,825,000 | 16,484,000 | 16,848,000 | 16,082,000 | 15,805,000 | 15,319,000 | 14,706,000 | 14,749,000 | 14,878,000 | 15,140,000 | 14,258,000 | 11,904,000 | 10,171,000 | 8,803,000 | 8,757,000 | 9,881,000 |
| Gross profit margin | 10.29% | 10.60% | 12.25% | 13.98% | 16.23% | 19.90% | 19.20% | 20.31% | 21.77% | 17.59% | 18.61% | 18.90% | 19.19% | 19.83% | 20.12% | 19.16% | 18.78% | 19.12% | 19.30% | 20.53% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,648,000K ÷ $25,729,000K
= 10.29%
BorgWarner Inc's gross profit margin has shown fluctuations over the past few years according to the provided data. The company's gross profit margin started at 20.53% on March 31, 2020, before decreasing to 19.30% by June 30, 2020. There was a further slight decline to 18.78% by December 31, 2020, and then an increase to 20.12% by June 30, 2021.
However, the trend reversed as the gross profit margin declined to 17.59% by September 30, 2022, reached a high of 21.77% by December 31, 2022, before dropping sharply to 10.29% by December 31, 2024.
The gross profit margin is a key indicator of a company's financial health, representing the percentage of revenue that exceeds the cost of goods sold. A declining trend in gross profit margin could indicate challenges in managing production costs, pricing strategies, or competitive pressures. It is essential for BorgWarner Inc to closely monitor and address the factors affecting its gross profit margin to ensure sustainable profitability and operational efficiency.
Peer comparison
Dec 31, 2024