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Adient vs Borgwarner: revenue, profit, margins and growth compared

Adient brought in $14.5B of revenue in fiscal 2025, Borgwarner $14.3B in fiscal 2025. Revenue changed by -1.0% at Adient and +1.6% at Borgwarner on the year before, so Borgwarner grew faster. Adient kept -1.9% of its revenue as net profit, Borgwarner 1.9%. Free cash flow was $204M at Adient and $1.2B at Borgwarner.

Side by side, latest fiscal year

ADNTBWA
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$14.5B$14.3B
Revenue growth-1.0%+1.6%
Net income-$281M$277M
Net margin-1.9%1.9%
Free cash flow$204M$1.2B
Free cash flow margin1.4%8.2%
Earnings per share (diluted)-$3.39$1.28
Cash$958M$2.3B
Debt$2.4B$3.9B
Price to earningsn/a47.9
Market value$1.4B$12.5B
Dividend yieldn/a0.91%
Rank by revenue in sector#91 of 778 · Consumer discretionary#93 of 778 · Consumer discretionary

Over the years

Revenue
ADNT FY2018: $17.4BADNT FY2019: $16.5BADNT FY2020: $12.7BADNT FY2021: $13.7BADNT FY2022: $14.1BADNT FY2023: $15.4BADNT FY2024: $14.7BADNT FY2025: $14.5BBWA FY2018: $10.5BBWA FY2019: $10.2BBWA FY2020: $10.2BBWA FY2021: $11.8BBWA FY2022: $12.6BBWA FY2023: $14.2BBWA FY2024: $14.1BBWA FY2025: $14.3BFY18FY19FY20FY21FY22FY23FY24FY25
ADNT $14.5BBWA $14.3B
Net income
ADNT FY2018: -$1.7BADNT FY2019: -$491MADNT FY2020: -$547MADNT FY2021: $1.1BADNT FY2022: -$120MADNT FY2023: $205MADNT FY2024: $18MADNT FY2025: -$281MBWA FY2018: $931MBWA FY2019: $746MBWA FY2020: $500MBWA FY2021: $537MBWA FY2022: $944MBWA FY2023: $625MBWA FY2024: $338MBWA FY2025: $277MFY18FY19FY20FY21FY22FY23FY24FY25
ADNT -$281MBWA $277M
Net margin
ADNT FY2018: -9.7%ADNT FY2019: -3.0%ADNT FY2020: -4.3%ADNT FY2021: 8.1%ADNT FY2022: -0.8%ADNT FY2023: 1.3%ADNT FY2024: 0.1%ADNT FY2025: -1.9%BWA FY2018: 8.8%BWA FY2019: 7.3%BWA FY2020: 4.9%BWA FY2021: 4.5%BWA FY2022: 7.5%BWA FY2023: 4.4%BWA FY2024: 2.4%BWA FY2025: 1.9%FY18FY19FY20FY21FY22FY23FY24FY25
ADNT -1.9%BWA 1.9%
Revenue growth
ADNT FY2019: -5.2%ADNT FY2020: -23.3%ADNT FY2021: +8.0%ADNT FY2022: +3.2%ADNT FY2023: +9.0%ADNT FY2024: -4.6%ADNT FY2025: -1.0%BWA FY2019: -3.4%BWA FY2020: -0.0%BWA FY2021: +16.1%BWA FY2022: +7.0%BWA FY2023: +12.4%BWA FY2024: -0.8%BWA FY2025: +1.6%FY19FY20FY21FY22FY23FY24FY25
ADNT -1.0%BWA +1.6%
Free cash flow
ADNT FY2018: $143MADNT FY2019: -$160MADNT FY2020: -$80MADNT FY2021: $0ADNT FY2022: $47MADNT FY2023: $415MADNT FY2024: $277MADNT FY2025: $204MBWA FY2018: $580MBWA FY2019: $527MBWA FY2020: $743MBWA FY2021: $792MBWA FY2022: $947MBWA FY2023: $565MBWA FY2024: $711MBWA FY2025: $1.2BFY18FY19FY20FY21FY22FY23FY24FY25
ADNT $204MBWA $1.2B

Fiscal years as each company reports them; the two may end in different months.

Questions about Adient and Borgwarner

Which is bigger by revenue, Adient or Borgwarner?

Adient is bigger by revenue: $14.5B in fiscal 2025, against $14.3B for Borgwarner in fiscal 2025.

Which keeps more of its revenue as profit, Adient or Borgwarner?

Adient had a net margin of -1.9% in fiscal 2025; Borgwarner had 1.9% in fiscal 2025.

Which grew revenue faster, Adient or Borgwarner?

In their latest fiscal years revenue changed by -1.0% at Adient and +1.6% at Borgwarner.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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