Autoliv
ALV · Automotive Parts & Equipment
$114.67
3.5%BorgWarner
BWA · Automotive Parts & Equipment
$54.96
0.9%The short version
- BorgWarner is the larger business, with $14.3B of revenue in fiscal 2025 against $10.8B for Autoliv.
- Autoliv grew revenue faster (4.1%, against 1.6%).
- Autoliv kept more of each dollar of sales as operating profit (10.1% operating margin, against 3.7% operating margin).
- BorgWarner turned more of its sales into free cash flow (8.2% FCF margin, against 6.6% FCF margin).
- Autoliv earned a higher return on the capital invested in it (20.3%, against 4.6%).
- Investors pay more for each dollar of BorgWarner’s earnings: a P/E of 27.1x against 13.8x for Autoliv.
| Latest fiscal year | ALV · FY25 | BWA · FY25 |
|---|---|---|
| Size | ||
| Market cap | $8.4B | $11.3B |
| Revenue | $10.8B | $14.3B |
| Free cash flow | $716M | $1.2B |
| Net income | $735M | $277M |
| Growth | ||
| Revenue growth | 4.1% | 1.6% |
| 5-year growth | 7.8% | 7.1% |
| Share count change | −4.4% | −3.7% |
| Profitability | ||
| Gross margin | 19.2% | 18.7% |
| Operating margin | 10.1% | 3.7% |
| Net margin | 6.8% | 1.9% |
| FCF margin | 6.6% | 8.2% |
| Return on capital | 20.3% | 4.6% |
| Return on equity | 30.3% | 5.1% |
| Balance sheet | ||
| Net debt | $1.5B | $1.6B |
| Net debt / EBITDA | 1.0x | 1.3x |
| Dividends and buybacks | $589M | $627M |
| Valuation & quality | ||
| P/E | 13.8x | 27.1x |
| Piotroski F-score | 8 | 7 |
FY16
ALV $7.9B
BWA $9.1B
FY17
ALV $8.1B
BWA $9.8B
FY18
ALV $8.7B
BWA $10.5B
FY19
ALV $8.5B
BWA $10.2B
FY20
ALV $7.4B
BWA $10.2B
FY21
ALV $8.2B
BWA $11.8B
FY22
ALV $8.8B
BWA $12.6B
FY23
ALV $10.5B
BWA $14.2B
FY24
ALV $10.4B
BWA $14.1B
FY25
ALV $10.8B
BWA $14.3B
ALV
BWA
FY16
ALV 10.5%
BWA 10.7%
FY17
ALV 10.6%
BWA 10.9%
FY18
ALV 7.9%
BWA 11.3%
FY19
ALV 8.5%
BWA 12.8%
FY20
ALV 5.1%
BWA 6.1%
FY21
ALV 8.2%
BWA 7.7%
FY22
ALV 7.5%
BWA 8.0%
FY23
ALV 6.6%
BWA 8.2%
FY24
ALV 9.4%
BWA 3.9%
FY25
ALV 10.1%
BWA 3.7%
ALV
BWA
FY16
ALV $362M
BWA $535M
FY17
ALV $356M
BWA $620M
FY18
ALV $30.6M
BWA $580M
FY19
ALV $158M
BWA $527M
FY20
ALV $505M
BWA $743M
FY21
ALV $296M
BWA $792M
FY22
ALV $128M
BWA $947M
FY23
ALV $409M
BWA $565M
FY24
ALV $480M
BWA $711M
FY25
ALV $716M
BWA $1.2B
ALV
BWA
FY16
ALV 17.3%
BWA 12.8%
FY17
ALV 14.1%
BWA 10.4%
FY18
ALV 10.5%
BWA 17.7%
FY19
ALV 14.2%
BWA 14.1%
FY20
ALV 6.6%
BWA 4.9%
FY21
ALV 13.1%
BWA 8.6%
FY22
ALV 12.4%
BWA 7.9%
FY23
ALV 14.3%
BWA 8.9%
FY24
ALV 18.6%
BWA 5.4%
FY25
ALV 20.3%
BWA 4.6%
ALV
BWA
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Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.