earnings
confidence high
sentiment positive
materiality 0.70
Dana reports FY2024 adjusted EBITDA up $40M to $885M; guides 2025 EBITDA up 10%
DANA Inc
2024-FY EPS reported
-$0.39
revenue$10,284,000,000
- Full-year 2024 sales $10.3B (-$271M YoY), adjusted EBITDA $885M (+$40M), margin 8.6% (+60 bps).
- Q4 2024 adjusted EBITDA $186M, up from $156M YoY; net loss $80M due to higher restructuring charges.
- 2025 guidance: sales $9.525-10.025B, adj. EBITDA $925-1,025M, free cash flow $175-275M, diluted adj. EPS $1.40-1.90.
- Cost-savings target $300M annualized by 2026; $100M run-rate in place; $175M expected in 2025.
- Free cash flow $70M in 2024, improvement of $95M from -$25M in 2023.