Highest-materiality recent filing
BorgWarner launches cash tender offers for up to $720M of senior notes plus any/all 7.125% notes
Tender offers for any and all $120.7M 7.125% notes due 2029 and up to $720M of four other note series.
BorgWarner Q2 adjusted EPS $1.42 beats; raises FY2026 adjusted EPS guidance; adds $1B buyback
Q2 GAAP EPS $1.34, adjusted EPS $1.42 (+17.4% YoY); net sales $3,648M (+0.3% YoY, organic -1.2%).
BorgWarner appoints Rajesh Kalathur to board; declares $0.17 quarterly dividend
Rajesh Kalathur appointed as independent director, effective July 30, 2026; board size increased from 8 to 9.
BorgWarner appoints Stefan Demmerle as CTO and head of Battery Energy Systems
Effective July 1, 2026, Demmerle becomes VP, President/GM of Battery Energy Systems and CTO.
BorgWarner Q1 2026 adjusted EPS $1.24 (+12% YoY); maintains full-year guidance
GAAP EPS $1.16; adjusted EPS $1.24 up 12% YoY; net sales $3,533M (+1% YoY).
BorgWarner declares $0.17 dividend; shareholders approve amended 2023 stock plan adding 8.3M shares
Quarterly dividend of $0.17/share declared, payable June 15, 2026 to holders of record June 1, 2026.
Full year 2025 adj EPS $4.91 (+14% YoY); GAAP EPS $1.28 including $624M impairment. Revenue $14.3B (+1.6%).
BorgWarner declares $0.17 quarterly dividend, payable March 16, 2026
Dividend of $0.17 per share declared on February 4, 2026.
BorgWarner declares $0.17 quarterly dividend payable Dec 15, 2025
Quarterly cash dividend of $0.17 per share declared.
BorgWarner Q3 adjusted EPS $1.24 beats; raises 2025 guidance on margin, EPS, FCF
Q3 net sales $3,591M (+4.1% YoY, organic +2.1%); GAAP EPS $0.73 vs $1.08; adjusted EPS $1.24 vs $1.09 (+14%).
BorgWarner settles VAT refund dispute with PHINIA for $78M; records $38M Q3 charge
PHINIA pays $78M total; $31M immediate, $21M due Jan 2026, remainder upon government collection by Dec 1, 2026.
BorgWarner Q2 adj EPS $1.21 beats; raises FY guidance, boosts dividend 55%
GAAP EPS $1.03, adjusted EPS $1.21 (up 2% YoY) on revenue $3.64B (+1% YoY).
BorgWarner Q1 adjusted EPS $1.11 (+8% YoY); exits charging business
GAAP EPS $0.72; adjusted EPS $1.11, up 8% YoY from $1.03.
BorgWarner declares $0.11 quarterly dividend, payable June 16, 2025
Quarterly cash dividend of $0.11 per share declared on April 30, 2025.
BorgWarner Q4 adj. EPS $1.01 beats; guides FY2025 adj. op. margin above 10%
Q4 GAAP net loss $(1.84)/share; adj. EPS $1.01 vs $0.90 YoY, up 12%.
Frederic Lissalde to retire as President & CEO and from the Board on Feb 6, 2025; will serve as consultant through Aug 30, 2025.
BorgWarner Q3 adjusted EPS $1.09; sales $3.45B; raises FY margin & EPS guidance
GAAP EPS $1.08 vs $0.37 YoY; adjusted EPS $1.09 vs $0.98, up 11%.
BorgWarner closes $1B notes offering: $500M 4.950% due 2029 and $500M 5.400% due 2034
Closed offering of $500M 4.950% Senior Notes due 2029 and $500M 5.400% Senior Notes due 2034.
BorgWarner prices $1.0B senior notes offering: $500M 4.950% due 2029, $500M 5.400% due 2034
Issued $500M 4.950% Senior Notes due 2029 and $500M 5.400% Senior Notes due 2034 in registered offering.
BorgWarner launches cash tender offers for up to $837.7M in senior notes due 2025
Tender offers for any and all of $384.5M 3.375% notes due 2025 and $453.2M 5.000% notes due 2025.
BorgWarner Q2 adj. EPS $1.19; raises FY adj. margin and EPS guidance, lowers sales view
Q2 net sales $3,603M (-2% YoY); GAAP EPS $1.39, adj. EPS $1.19 (up from $1.06 YoY).
BorgWarner declares $0.11 quarterly dividend payable September 16, 2024
Board declared a quarterly cash dividend of $0.11 per share on July 23, 2024.
BorgWarner appoints Joseph F. Fadool as EVP and COO effective July 1, 2024
Joseph F. Fadool appointed EVP and COO effective July 1, 2024; previously President of Emissions, Thermal and Turbo Systems.
BorgWarner Q1 adj EPS $1.03 vs $0.81 YoY; raises FY EPS guidance
Q1 net sales $3,595M (+6% YoY, organic +7%); GAAP EPS $0.93, adj EPS $1.03.
BorgWarner declares $0.11 quarterly dividend, payable June 17, 2024
Quarterly cash dividend of $0.11 per share declared on April 24, 2024.
BorgWarner appoints Amy B. Kulikowski as VP & Chief Accounting Officer effective March 1, 2024
Amy B. Kulikowski named VP & Chief Accounting Officer effective March 1, 2024, succeeding Craig D. Aaron who became EVP/CFO.
BorgWarner corrects turbocharger sales percentages in 10-K; 2023 figure revised to 23% from 21%
Light-vehicle turbocharger sales as % of net sales corrected: 2023 now 23% (was 21%), 2022 now 25% (was 26%), 2021 unchanged at 24%.
BorgWarner reports Q4/FY2023 results; guides 2024 sales $14.4-14.9B, eProduct sales up 25-40%
Q4 GAAP EPS $0.64, adjusted EPS $0.90; FY GAAP EPS $2.70, adjusted EPS $3.75.
BorgWarner CFO Kevin Nowlan to retire March 2024; Craig Aaron named successor
Kevin Nowlan will retire as EVP and CFO effective March 1, 2024; advisory role through April 1.
BorgWarner declares $0.11 quarterly dividend, payable Dec 15, 2023
Quarterly cash dividend of $0.11 per share declared by Board on Nov 8, 2023.
BorgWarner Q3 adj. EPS $0.98 beats prior year; guides FY sales $14.1-14.3B
Q3 net sales $3,622M (+12% YoY); GAAP EPS $0.37; adj. EPS $0.98 vs $0.80 YoY.
BorgWarner enters $2.0B unsecured revolver maturing 2028, replaces prior facility
$2.0B unsecured revolving credit facility; may increase by up to $1.0B with lender consent.
BorgWarner: initial UAW strikes impact modest; monthly sales to Big 3 ~$250M
FY2023 monthly sales to Ford, Stellantis, GM in North America expected at just under $250M.
BorgWarner Q2 sales up 20% to $4.52B; adj EPS $1.35; FY guidance raised; acquires Eldor EHS
GAAP net sales $4,520M (+20% YoY); GAAP EPS $0.87; adjusted EPS $1.35 (pro forma $1.05).
BorgWarner declares $0.11 quarterly dividend payable Sept 15, 2023
Quarterly cash dividend of $0.11 per share on common stock declared by Board on July 26, 2023.
BorgWarner completes PHINIA spin-off; pro forma 2022 EPS $2.75 vs $3.99
Spin-off completed July 3, 2023; each BWA share received one PHIN share per five held.
BorgWarner completes spin-off of PHINIA; 1 share per 5 BWA shares held
Spin-off completed on July 3, 2023; PHINIA now operates Fuel Systems and Aftermarket businesses.
BorgWarner board approves PHINIA spin-off; record date June 23, distribution July 3
Distribution of 100% of PHINIA common stock as a pro rata dividend on July 3, 2023.
BorgWarner files preliminary Form 10 for spin-off of Fuel Systems and Aftermarket as PHINIA Inc.
Preliminary Registration Statement filed by PHINIA Inc. with SEC for separation of BorgWarner's Fuel Systems and Aftermarket Segments.
BorgWarner Q1 revenue up 8% to $4.18B; adjusted EPS $1.09; lifts FY 2023 sales guidance
GAAP EPS $0.93, adjusted EPS $1.09 vs $1.05 a year ago; net earnings $217M.
BorgWarner declares $0.17 quarterly dividend; annual meeting votes approve board and stock plan
All eight director nominees elected with >90% votes; say-on-pay advisory approved with 92% support.
As of Feb 28, 2023, 2,199,465 shares remain available for new awards under existing plans.
BorgWarner names Ericson CEO, Gropp CFO of spin-off PHINIA; completion expected late 2023
Brady Ericson to serve as PHINIA President and CEO; Chris Gropp as EVP and CFO after spin-off completion.
BorgWarner appoints former Ford exec Thai-Tang to board; declares dividend
Board size increased to nine; Hau N. Thai-Tang appointed as independent director, effective Feb 8, 2023.
BorgWarner reports FY2022 adjusted EPS $4.60; plans spin-off of Fuel Systems and Aftermarket
Q4 GAAP EPS $1.09, adjusted $1.26; FY2022 GAAP EPS $3.99, adjusted $4.60, above guidance.
Spin-off of Fuel Systems and Aftermarket segments into NewCo; expected completion late 2023, tax-free.
BorgWarner director Paul A. Mascarenas resigns due to potential conflicts of interest
Paul A. Mascarenas resigned from the Board effective December 1, 2022.
BorgWarner to invest up to $500M in Wolfspeed convertible note; secures SiC supply
BorgWarner commits up to $500M to Wolfspeed's minimum $1B convertible debt offering.
BorgWarner swaps roles of VP/Controller and VP/Treasurer effective Dec 15, 2022
Craig D. Aaron appointed Vice President and Controller (principal accounting officer) effective Dec 15, 2022.
BorgWarner declares $0.17 quarterly dividend payable Dec. 15, 2022
Board declared $0.17 per share quarterly cash dividend on common stock.
On May 26, 2026, BorgWarner Inc. (the “Company”) appointed Stefan Demmerle to serve as Vice President of BorgWarner Inc., President and General Manager of Battery Energy Systems and Chief Technology Officer of BorgWarner Inc., effective July 1, 2026.
Mr. Lissalde has delivered his resignation as a member of the Board
Joseph F. Fadool, currently the Company’s Executive Vice President of BorgWarner Inc. and Chief Operating Officer, has been appointed to succeed him as President and Chief Executive Officer.
Frederic B. Lissalde, the President and Chief Executive Officer of the Company, will retire
the Board has acted to appoint Mr. Fadool to the Board to fill the resulting vacancy
On May 30, 2024, BorgWarner Inc. (the “Company”) announced the appointment of Joseph F. Fadool, currently the Company’s Vice President and President and General Manager, Emissions, Thermal and Turbo Systems, to the role of Executive Vice President of BorgWarner Inc. and Chief Operating Officer, effective July 1, 2024.
On March 1, 2024, BorgWarner Inc. (the “Company”) issued a press release announcing the appointment of Amy B. Kulikowski to the role of Vice President and Chief Accounting Officer, effective March 1, 2024, succeeding Craig D. Aaron, who was the Company’s principal accounting officer.
On December 5, 2023, the Company announced the appointment of Craig D. Aaron, currently the Company’s Vice President and Controller, to the role of Executive Vice President and Chief Financial Officer, effective March 1, 2024, succeeding Mr. Nowlan in that role.
On November 30, 2023, Kevin A. Nowlan, Executive Vice President and Chief Financial Officer of BorgWarner Inc. (the “Company”), notified the Company of his intention to retire as Executive Vice President and Chief Financial Officer effective March 1, 2024.
Brady D. Ericson, Vice President of the Company and President and General Manager of the Company’s Fuel Systems and Aftermarket segments, will serve as President and Chief Executive Officer of PHINIA upon the completion of the Spin-Off.
he will no longer hold his positions with the Company.
On February 8, 2023, the Board of Directors (the “Board”) of BorgWarner Inc. (the "Company") acted to increase the size of the Board to nine members and appointed Hau N. Thai-Tang to the Board as an independent director to fill the vacancy created by that increase.
Max materiality 0.85 · Median 0.65 · Most common event earnings