Auburn Hills, Michigan-based BorgWarner (NYSE:BWA), a global leader in clean and efficient propulsion solutions, reported financial results for the full year 2025, highlighted by strong growth in light vehicle eProducts and robust cash generation.
U.S. GAAP operating margin was 3.7% after $624 million of impairment charges, while adjusted operating margin improved 60 basis points to 10.7%.
Adjusted earnings per share increased approximately 14% to $4.91.
Operating cash flow rose about 19% to $1,648 million, and free cash flow surged roughly 66% to $1,208 million.
Light vehicle eProducts revenue grew approximately 23% in 2025, underscoring continued momentum in electrification solutions.
During the period under review, the company returned approximately $630 million to shareholders through dividends and share repurchases.
BorgWarner also secured a significant turbine generator system award, with expected first-year sales exceeding $300 million starting in early 2027.