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Side-by-side financial comparison of BORGWARNER INC (BWA) and DICK'S SPORTING GOODS, INC. (DKS). Click either name above to swap in a different company.

DICK'S SPORTING GOODS, INC. is the larger business by last-quarter revenue ($4.2B vs $3.6B, roughly 1.2× BORGWARNER INC). DICK'S SPORTING GOODS, INC. runs the higher net margin — 1.8% vs -7.3%, a 9.1% gap on every dollar of revenue. On growth, DICK'S SPORTING GOODS, INC. posted the faster year-over-year revenue change (36.3% vs 3.9%). BORGWARNER INC produced more free cash flow last quarter ($457.0M vs $-515.6M). Over the past eight quarters, DICK'S SPORTING GOODS, INC.'s revenue compounded faster (3.7% CAGR vs -0.3%).

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.

Dick's Sporting Goods, Inc. is an American chain of sporting goods stores founded in 1948 by Richard "Dick" Stack. It is the largest sporting goods retailer in the United States and is listed on the Fortune 500.

BWA vs DKS — Head-to-Head

Bigger by revenue
DKS
DKS
1.2× larger
DKS
$4.2B
$3.6B
BWA
Growing faster (revenue YoY)
DKS
DKS
+32.5% gap
DKS
36.3%
3.9%
BWA
Higher net margin
DKS
DKS
9.1% more per $
DKS
1.8%
-7.3%
BWA
More free cash flow
BWA
BWA
$972.6M more FCF
BWA
$457.0M
$-515.6M
DKS
Faster 2-yr revenue CAGR
DKS
DKS
Annualised
DKS
3.7%
-0.3%
BWA

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BWA
BWA
DKS
DKS
Revenue
$3.6B
$4.2B
Net Profit
$-262.0M
$75.2M
Gross Margin
20.5%
33.1%
Operating Margin
-6.7%
2.2%
Net Margin
-7.3%
1.8%
Revenue YoY
3.9%
36.3%
Net Profit YoY
35.3%
-67.0%
EPS (diluted)
$-1.20
$0.86

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
BWA
BWA
DKS
DKS
Q4 25
$3.6B
$4.2B
Q3 25
$3.6B
$3.6B
Q2 25
$3.6B
$3.2B
Q1 25
$3.5B
$3.9B
Q4 24
$3.4B
$3.1B
Q3 24
$3.4B
$3.5B
Q2 24
$3.6B
$3.0B
Q1 24
$3.6B
$3.9B
Net Profit
BWA
BWA
DKS
DKS
Q4 25
$-262.0M
$75.2M
Q3 25
$158.0M
$381.4M
Q2 25
$224.0M
$264.3M
Q1 25
$157.0M
Q4 24
$-405.0M
$227.8M
Q3 24
$234.0M
$362.2M
Q2 24
$303.0M
$275.3M
Q1 24
$206.0M
Gross Margin
BWA
BWA
DKS
DKS
Q4 25
20.5%
33.1%
Q3 25
18.5%
37.1%
Q2 25
17.6%
36.7%
Q1 25
18.2%
35.0%
Q4 24
19.9%
35.8%
Q3 24
18.4%
36.7%
Q2 24
19.0%
36.3%
Q1 24
17.9%
34.4%
Operating Margin
BWA
BWA
DKS
DKS
Q4 25
-6.7%
2.2%
Q3 25
6.9%
12.4%
Q2 25
7.9%
11.5%
Q1 25
6.7%
9.9%
Q4 24
-9.2%
9.4%
Q3 24
7.8%
13.5%
Q2 24
8.2%
11.0%
Q1 24
8.2%
9.6%
Net Margin
BWA
BWA
DKS
DKS
Q4 25
-7.3%
1.8%
Q3 25
4.4%
10.5%
Q2 25
6.2%
8.3%
Q1 25
4.5%
Q4 24
-11.8%
7.5%
Q3 24
6.8%
10.4%
Q2 24
8.4%
9.1%
Q1 24
5.7%
EPS (diluted)
BWA
BWA
DKS
DKS
Q4 25
$-1.20
$0.86
Q3 25
$0.73
$4.71
Q2 25
$1.03
$3.24
Q1 25
$0.72
$3.63
Q4 24
$-1.78
$2.75
Q3 24
$1.04
$4.37
Q2 24
$1.34
$3.30
Q1 24
$0.90
$3.57

Balance Sheet & Financial Strength

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

Metric
BWA
BWA
DKS
DKS
Cash + ST InvestmentsLiquidity on hand
$821.3M
Total DebtLower is stronger
$3.9B
Stockholders' EquityBook value
$5.4B
$5.5B
Total Assets
$13.8B
$17.4B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWA
BWA
DKS
DKS
Q4 25
$821.3M
Q3 25
$1.2B
Q2 25
$1.0B
Q1 25
$1.7B
Q4 24
$1.5B
Q3 24
$1.7B
Q2 24
$1.6B
Q1 24
$1.8B
Total Debt
BWA
BWA
DKS
DKS
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
BWA
BWA
DKS
DKS
Q4 25
$5.4B
$5.5B
Q3 25
$6.0B
$3.4B
Q2 25
$5.9B
$3.1B
Q1 25
$5.7B
$3.2B
Q4 24
$5.5B
$3.1B
Q3 24
$6.2B
$2.9B
Q2 24
$6.1B
$2.7B
Q1 24
$5.8B
$2.6B
Total Assets
BWA
BWA
DKS
DKS
Q4 25
$13.8B
$17.4B
Q3 25
$14.5B
$10.7B
Q2 25
$14.4B
$10.4B
Q1 25
$13.8B
$10.5B
Q4 24
$14.0B
$10.5B
Q3 24
$15.1B
$9.9B
Q2 24
$14.1B
$9.7B
Q1 24
$14.1B
$9.3B
Debt / Equity
BWA
BWA
DKS
DKS
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
BWA
BWA
DKS
DKS
Operating Cash FlowLast quarter
$619.0M
$-248.4M
Free Cash FlowOCF − Capex
$457.0M
$-515.6M
FCF MarginFCF / Revenue
12.8%
-12.4%
Capex IntensityCapex / Revenue
4.5%
6.4%
Cash ConversionOCF / Net Profit
-3.30×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$88.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWA
BWA
DKS
DKS
Q4 25
$619.0M
$-248.4M
Q3 25
$368.0M
$557.6M
Q2 25
$579.0M
$178.0M
Q1 25
$82.0M
$631.5M
Q4 24
$682.0M
$54.2M
Q3 24
$356.0M
$394.4M
Q2 24
$462.0M
$231.7M
Q1 24
$-118.0M
$762.6M
Free Cash Flow
BWA
BWA
DKS
DKS
Q4 25
$457.0M
$-515.6M
Q3 25
$257.0M
$296.2M
Q2 25
$502.0M
$-86.7M
Q1 25
$-37.0M
$394.5M
Q4 24
$521.0M
$-139.3M
Q3 24
$201.0M
$179.8M
Q2 24
$297.0M
$74.2M
Q1 24
$-308.0M
$584.7M
FCF Margin
BWA
BWA
DKS
DKS
Q4 25
12.8%
-12.4%
Q3 25
7.2%
8.1%
Q2 25
13.8%
-2.7%
Q1 25
-1.1%
10.1%
Q4 24
15.1%
-4.6%
Q3 24
5.8%
5.2%
Q2 24
8.2%
2.5%
Q1 24
-8.6%
15.1%
Capex Intensity
BWA
BWA
DKS
DKS
Q4 25
4.5%
6.4%
Q3 25
3.1%
7.2%
Q2 25
2.1%
8.3%
Q1 25
3.4%
6.1%
Q4 24
4.7%
6.3%
Q3 24
4.5%
6.2%
Q2 24
4.6%
5.2%
Q1 24
5.3%
4.6%
Cash Conversion
BWA
BWA
DKS
DKS
Q4 25
-3.30×
Q3 25
2.33×
1.46×
Q2 25
2.58×
0.67×
Q1 25
0.52×
Q4 24
0.24×
Q3 24
1.52×
1.09×
Q2 24
1.52×
0.84×
Q1 24
-0.57×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BWA
BWA

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

DKS
DKS

Segment breakdown not available.

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