BorgWarner Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $9.80B | $9.07B | $8.02B | $8.31B | $7.44B | $7.18B | $7.11B | $5.65B |
| Cost of Revenue | $7.68B | $7.14B | $6.32B | $6.55B | $5.88B | $5.72B | $5.70B | $4.56B |
| Gross Profit | $2.12B | $1.93B | $1.70B | $1.76B | $1.56B | $1.47B | $1.41B | $1.09B |
| Gross Margin | 21.6% | 21.3% | 21.2% | 21.1% | 20.9% | 20.4% | 19.8% | 19.3% |
| Operating Expenses | ||||||||
| Research & Development | $408.0M | $343.2M | $307.4M | $336.2M | $303.2M | $265.9M | $243.7M | $185.0M |
| SG&A Expense | $899.0M | $818.0M | $662.0M | $698.9M | $639.7M | $629.3M | $621.0M | $566.6M |
| Operating Income | $1.07B | $973.2M | $888.3M | $963.7M | $855.2M | $752.9M | $797.5M | $504.3M |
| Operating Margin | 10.9% | 10.7% | 11.1% | 11.6% | 11.5% | 10.5% | 11.2% | 8.9% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.06B | $942.7M | $875.4M | $980.1M | $869.3M | $761.0M | $765.9M | $477.9M |
| Income Tax Expense | $580.0M | $306.0M | $261.5M | $292.6M | $218.3M | $238.6M | $195.3M | $81.7M |
| Net Income | $440.0M | $595.0M | $577.2M | $655.8M | $624.3M | $500.9M | $550.1M | $377.4M |
| Net Margin | 4.5% | 6.6% | 7.2% | 7.9% | 8.4% | 7.0% | 7.7% | 6.7% |
| EPS (Basic) | $2.09 | $2.78 | $2.57 | $2.89 | $2.73 | $2.22 | $2.52 | $3.31 |
| EPS (Diluted) | $2.08 | $2.76 | $2.56 | $2.86 | $2.70 | $2.09 | $2.22 | $3.07 |
| Shares Outstanding (Basic) | 210.4M | 214.4M | 224.4M | 227.2M | 228.6M | 225.3M | 218.5M | 114.2M |
| Shares Outstanding (Diluted) | 211.5M | 215.3M | 225.6M | 228.9M | 231.3M | 242.8M | 256.9M | 129.6M |
| Dividends Per Share | $0.59 | $0.53 | $0.52 | $0.51 | $0.25 | $0.00 | — | — |