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Side-by-side financial comparison of BARRICK MINING CORP (B) and BORGWARNER INC (BWA). Click either name above to swap in a different company.

BARRICK MINING CORP is the larger business by last-quarter revenue ($3.7B vs $3.6B, roughly 1.0× BORGWARNER INC). BARRICK MINING CORP runs the higher net margin — 34.1% vs -7.3%, a 41.5% gap on every dollar of revenue. On growth, BARRICK MINING CORP posted the faster year-over-year revenue change (16.4% vs 3.9%).

Barrick Mining Corporation is a mining company that produces gold and copper. It has mining operations and projects in Argentina, Canada, Chile, Democratic Republic of the Congo, Dominican Republic, Ecuador, Egypt, Jamaica, Mali, Pakistan, Papua New Guinea, Peru, Saudi Arabia, Senegal, Tanzania, the United States and Zambia. In 2024, it produced 3.91 million ounces of gold at all-in sustaining costs of $1,484/ounce and 195,000 tonnes of copper at all-in sustaining costs of $3.45/pound. As of ...

BorgWarner Inc. is an American automotive and e-mobility supplier headquartered in Auburn Hills, Michigan. As of 2023, the company maintains production facilities and sites at 92 locations in 24 countries, and generates revenues of US$14.2 billion, while employing around 39,900 people. The company is one of the 25 largest automotive suppliers in the world. Since February 2025, Joseph F. Fadool has been CEO of BorgWarner Inc.

B vs BWA — Head-to-Head

Bigger by revenue
B
B
1.0× larger
B
$3.7B
$3.6B
BWA
Growing faster (revenue YoY)
B
B
+12.5% gap
B
16.4%
3.9%
BWA
Higher net margin
B
B
41.5% more per $
B
34.1%
-7.3%
BWA

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
B
B
BWA
BWA
Revenue
$3.7B
$3.6B
Net Profit
$1.3B
$-262.0M
Gross Margin
49.0%
20.5%
Operating Margin
38.5%
-6.7%
Net Margin
34.1%
-7.3%
Revenue YoY
16.4%
3.9%
Net Profit YoY
98.1%
35.3%
EPS (diluted)
$0.47
$-1.20

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
B
B
BWA
BWA
Q4 25
$3.6B
Q3 25
$3.6B
Q2 25
$3.7B
$3.6B
Q1 25
$3.5B
Q4 24
$3.4B
Q3 24
$3.4B
Q2 24
$3.2B
$3.6B
Q1 24
$3.6B
Net Profit
B
B
BWA
BWA
Q4 25
$-262.0M
Q3 25
$158.0M
Q2 25
$1.3B
$224.0M
Q1 25
$157.0M
Q4 24
$-405.0M
Q3 24
$234.0M
Q2 24
$634.0M
$303.0M
Q1 24
$206.0M
Gross Margin
B
B
BWA
BWA
Q4 25
20.5%
Q3 25
18.5%
Q2 25
49.0%
17.6%
Q1 25
18.2%
Q4 24
19.9%
Q3 24
18.4%
Q2 24
37.4%
19.0%
Q1 24
17.9%
Operating Margin
B
B
BWA
BWA
Q4 25
-6.7%
Q3 25
6.9%
Q2 25
38.5%
7.9%
Q1 25
6.7%
Q4 24
-9.2%
Q3 24
7.8%
Q2 24
34.5%
8.2%
Q1 24
8.2%
Net Margin
B
B
BWA
BWA
Q4 25
-7.3%
Q3 25
4.4%
Q2 25
34.1%
6.2%
Q1 25
4.5%
Q4 24
-11.8%
Q3 24
6.8%
Q2 24
20.1%
8.4%
Q1 24
5.7%
EPS (diluted)
B
B
BWA
BWA
Q4 25
$-1.20
Q3 25
$0.73
Q2 25
$0.47
$1.03
Q1 25
$0.72
Q4 24
$-1.78
Q3 24
$1.04
Q2 24
$0.21
$1.34
Q1 24
$0.90

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
B
B
BWA
BWA
Cash + ST InvestmentsLiquidity on hand
$4.8B
Total DebtLower is stronger
$3.9B
Stockholders' EquityBook value
$33.4B
$5.4B
Total Assets
$47.3B
$13.8B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
B
B
BWA
BWA
Q4 25
Q3 25
Q2 25
$4.8B
Q1 25
Q4 24
Q3 24
Q2 24
$4.0B
Q1 24
Total Debt
B
B
BWA
BWA
Q4 25
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$3.8B
Q4 24
$3.8B
Q3 24
$4.2B
Q2 24
$3.3B
Q1 24
$3.3B
Stockholders' Equity
B
B
BWA
BWA
Q4 25
$5.4B
Q3 25
$6.0B
Q2 25
$33.4B
$5.9B
Q1 25
$5.7B
Q4 24
$5.5B
Q3 24
$6.2B
Q2 24
$32.5B
$6.1B
Q1 24
$5.8B
Total Assets
B
B
BWA
BWA
Q4 25
$13.8B
Q3 25
$14.5B
Q2 25
$47.3B
$14.4B
Q1 25
$13.8B
Q4 24
$14.0B
Q3 24
$15.1B
Q2 24
$46.2B
$14.1B
Q1 24
$14.1B
Debt / Equity
B
B
BWA
BWA
Q4 25
0.72×
Q3 25
0.65×
Q2 25
0.66×
Q1 25
0.66×
Q4 24
0.68×
Q3 24
0.68×
Q2 24
0.54×
Q1 24
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
B
B
BWA
BWA
Operating Cash FlowLast quarter
$1.3B
$619.0M
Free Cash FlowOCF − Capex
$457.0M
FCF MarginFCF / Revenue
12.8%
Capex IntensityCapex / Revenue
4.5%
Cash ConversionOCF / Net Profit
1.06×
TTM Free Cash FlowTrailing 4 quarters
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
B
B
BWA
BWA
Q4 25
$619.0M
Q3 25
$368.0M
Q2 25
$1.3B
$579.0M
Q1 25
$82.0M
Q4 24
$682.0M
Q3 24
$356.0M
Q2 24
$1.2B
$462.0M
Q1 24
$-118.0M
Free Cash Flow
B
B
BWA
BWA
Q4 25
$457.0M
Q3 25
$257.0M
Q2 25
$502.0M
Q1 25
$-37.0M
Q4 24
$521.0M
Q3 24
$201.0M
Q2 24
$297.0M
Q1 24
$-308.0M
FCF Margin
B
B
BWA
BWA
Q4 25
12.8%
Q3 25
7.2%
Q2 25
13.8%
Q1 25
-1.1%
Q4 24
15.1%
Q3 24
5.8%
Q2 24
8.2%
Q1 24
-8.6%
Capex Intensity
B
B
BWA
BWA
Q4 25
4.5%
Q3 25
3.1%
Q2 25
2.1%
Q1 25
3.4%
Q4 24
4.7%
Q3 24
4.5%
Q2 24
4.6%
Q1 24
5.3%
Cash Conversion
B
B
BWA
BWA
Q4 25
Q3 25
2.33×
Q2 25
1.06×
2.58×
Q1 25
0.52×
Q4 24
Q3 24
1.52×
Q2 24
1.83×
1.52×
Q1 24
-0.57×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

B
B

Segment breakdown not available.

BWA
BWA

Foundational Products$2.9B81%
Drivetrain Morse Systems$506.0M14%
Power Drive Systems$112.0M3%
Battery Charging Systems$64.0M2%

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