---
schema_version: "secwatch.filing_event.v1"
accession: "0000908255-24-000005"
form_type: "8-K"
ticker: "BWA"
cik: "0000908255"
company_name: "BORGWARNER INC"
filed_at: "2024-02-08T23:59:59+00:00"
generated_at: "2026-06-06T06:14:47.048939+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BorgWarner reports Q4/FY2023 results; guides 2024 sales $14.4-14.9B, eProduct sales up 25-40%

## Summary
- Q4 GAAP EPS $0.64, adjusted EPS $0.90; FY GAAP EPS $2.70, adjusted EPS $3.75.
- FY net sales $14,198M (+12.4% YoY); organic sales +12.5%.
- 2024 guidance: net sales $14.4-14.9B, eProduct sales $2.5-2.8B (growth ~25-40% from $2.0B).
- Strategic: LFP battery partnership with BYD's FinDreams, completed Eldor e-propulsion acquisition, new EV awards from Xpeng and major OEM.
- Quarterly dividend $0.11/share, payable March 15, 2024 to holders of record March 1.

## SEC filing metadata
- accession: 0000908255-24-000005
- form_type: 8-K
- ticker: BWA
- cik: 0000908255
- company_name: BORGWARNER INC
- filed_at: 2024-02-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908255/000090825524000005/0000908255-24-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908255/000090825524000005/bwa-20240208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908255-24-000005
- JSON: https://secwatch.observer/filing/0000908255-24-000005.json
- Plain text: https://secwatch.observer/filing/0000908255-24-000005.txt

## Key facts
- Earnings Releases
  BORGWARNER INC reported fourth quarter and full-year ended December 31, 2023 results: revenue $3,522 million for the fourth quarter, net income $0.64 per diluted share, EPS $0.64 per diluted share.
  - Period: fourth quarter and full-year ended December 31, 2023
  - Revenue: $3,522 million for the fourth quarter
  - Net income: $0.64 per diluted share
  - EPS: $0.64 per diluted share
  - Result: reported results
  source text: plug-in hybrid (PHEV) and range extended (REEV) electric vehicle passenger car platforms. Fourth Quarter Highlights (continuing operations basis): • U.S. GAAP net sales of $3,522 million, an increase of 6.2% compared with fourth quarter 2022. ◦ Excluding the impact of foreign currencies and the net impact of net M&A, organic sales were up 4.4% compared with
  evidence_url: https://www.sec.gov/Archives/edgar/data/908255/000090825524000005/0000908255-24-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
