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

Altria is the larger business by last-quarter revenue ($5.8B vs $3.6B, roughly 1.6× BORGWARNER INC). Altria runs the higher net margin — 19.1% vs -7.3%, a 26.4% gap on every dollar of revenue. On growth, BORGWARNER INC posted the faster year-over-year revenue change (3.9% vs -2.1%). Altria produced more free cash flow last quarter ($3.2B vs $457.0M). Over the past eight quarters, Altria's revenue compounded faster (2.4% 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.

Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! oral nicotine pouches. It sells its tobacco products primarily to wholesalers, including distributors; and large retai...

BWA vs MO — Head-to-Head

Bigger by revenue
MO
MO
1.6× larger
MO
$5.8B
$3.6B
BWA
Growing faster (revenue YoY)
BWA
BWA
+6.0% gap
BWA
3.9%
-2.1%
MO
Higher net margin
MO
MO
26.4% more per $
MO
19.1%
-7.3%
BWA
More free cash flow
MO
MO
$2.7B more FCF
MO
$3.2B
$457.0M
BWA
Faster 2-yr revenue CAGR
MO
MO
Annualised
MO
2.4%
-0.3%
BWA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BWA
BWA
MO
MO
Revenue
$3.6B
$5.8B
Net Profit
$-262.0M
$1.1B
Gross Margin
20.5%
62.1%
Operating Margin
-6.7%
28.2%
Net Margin
-7.3%
19.1%
Revenue YoY
3.9%
-2.1%
Net Profit YoY
35.3%
-63.2%
EPS (diluted)
$-1.20
$0.67

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
MO
MO
Q4 25
$3.6B
$5.8B
Q3 25
$3.6B
$6.1B
Q2 25
$3.6B
$6.1B
Q1 25
$3.5B
$5.3B
Q4 24
$3.4B
$6.0B
Q3 24
$3.4B
$6.3B
Q2 24
$3.6B
$6.2B
Q1 24
$3.6B
$5.6B
Net Profit
BWA
BWA
MO
MO
Q4 25
$-262.0M
$1.1B
Q3 25
$158.0M
$2.4B
Q2 25
$224.0M
$2.4B
Q1 25
$157.0M
$1.1B
Q4 24
$-405.0M
$3.0B
Q3 24
$234.0M
$2.3B
Q2 24
$303.0M
$3.8B
Q1 24
$206.0M
$2.1B
Gross Margin
BWA
BWA
MO
MO
Q4 25
20.5%
62.1%
Q3 25
18.5%
62.8%
Q2 25
17.6%
63.1%
Q1 25
18.2%
61.8%
Q4 24
19.9%
60.3%
Q3 24
18.4%
60.8%
Q2 24
19.0%
59.2%
Q1 24
17.9%
58.8%
Operating Margin
BWA
BWA
MO
MO
Q4 25
-6.7%
28.2%
Q3 25
6.9%
53.2%
Q2 25
7.9%
52.9%
Q1 25
6.7%
34.0%
Q4 24
-9.2%
48.2%
Q3 24
7.8%
50.4%
Q2 24
8.2%
40.8%
Q1 24
8.2%
48.0%
Net Margin
BWA
BWA
MO
MO
Q4 25
-7.3%
19.1%
Q3 25
4.4%
39.1%
Q2 25
6.2%
39.0%
Q1 25
4.5%
20.5%
Q4 24
-11.8%
50.9%
Q3 24
6.8%
36.6%
Q2 24
8.4%
61.2%
Q1 24
5.7%
38.2%
EPS (diluted)
BWA
BWA
MO
MO
Q4 25
$-1.20
$0.67
Q3 25
$0.73
$1.41
Q2 25
$1.03
$1.41
Q1 25
$0.72
$0.63
Q4 24
$-1.78
$1.78
Q3 24
$1.04
$1.34
Q2 24
$1.34
$2.21
Q1 24
$0.90
$1.21

Balance Sheet & Financial Strength

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

Metric
BWA
BWA
MO
MO
Cash + ST InvestmentsLiquidity on hand
$4.5B
Total DebtLower is stronger
$3.9B
$25.7B
Stockholders' EquityBook value
$5.4B
$-3.5B
Total Assets
$13.8B
$35.0B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BWA
BWA
MO
MO
Q4 25
$4.5B
Q3 25
$3.5B
Q2 25
$1.3B
Q1 25
$4.7B
Q4 24
$3.1B
Q3 24
$1.9B
Q2 24
$1.8B
Q1 24
$3.6B
Total Debt
BWA
BWA
MO
MO
Q4 25
$3.9B
$25.7B
Q3 25
$3.9B
$25.7B
Q2 25
$3.9B
$24.7B
Q1 25
$3.8B
$26.1B
Q4 24
$3.8B
$24.9B
Q3 24
$4.2B
$25.2B
Q2 24
$3.3B
$25.0B
Q1 24
$3.3B
$25.0B
Stockholders' Equity
BWA
BWA
MO
MO
Q4 25
$5.4B
$-3.5B
Q3 25
$6.0B
$-2.6B
Q2 25
$5.9B
$-3.3B
Q1 25
$5.7B
$-3.5B
Q4 24
$5.5B
$-2.2B
Q3 24
$6.2B
$-3.5B
Q2 24
$6.1B
$-3.0B
Q1 24
$5.8B
$-5.1B
Total Assets
BWA
BWA
MO
MO
Q4 25
$13.8B
$35.0B
Q3 25
$14.5B
$35.0B
Q2 25
$14.4B
$32.3B
Q1 25
$13.8B
$35.8B
Q4 24
$14.0B
$35.2B
Q3 24
$15.1B
$34.2B
Q2 24
$14.1B
$34.4B
Q1 24
$14.1B
$36.5B
Debt / Equity
BWA
BWA
MO
MO
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
MO
MO
Operating Cash FlowLast quarter
$619.0M
$3.3B
Free Cash FlowOCF − Capex
$457.0M
$3.2B
FCF MarginFCF / Revenue
12.8%
54.4%
Capex IntensityCapex / Revenue
4.5%
1.6%
Cash ConversionOCF / Net Profit
2.93×
TTM Free Cash FlowTrailing 4 quarters
$1.2B
$9.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BWA
BWA
MO
MO
Q4 25
$619.0M
$3.3B
Q3 25
$368.0M
$3.1B
Q2 25
$579.0M
$205.0M
Q1 25
$82.0M
$2.7B
Q4 24
$682.0M
$3.3B
Q3 24
$356.0M
$2.6B
Q2 24
$462.0M
$-75.0M
Q1 24
$-118.0M
$2.9B
Free Cash Flow
BWA
BWA
MO
MO
Q4 25
$457.0M
$3.2B
Q3 25
$257.0M
$3.0B
Q2 25
$502.0M
$173.0M
Q1 25
$-37.0M
$2.7B
Q4 24
$521.0M
$3.3B
Q3 24
$201.0M
$2.6B
Q2 24
$297.0M
$-104.0M
Q1 24
$-308.0M
$2.8B
FCF Margin
BWA
BWA
MO
MO
Q4 25
12.8%
54.4%
Q3 25
7.2%
50.1%
Q2 25
13.8%
2.8%
Q1 25
-1.1%
51.0%
Q4 24
15.1%
55.1%
Q3 24
5.8%
41.2%
Q2 24
8.2%
-1.7%
Q1 24
-8.6%
51.0%
Capex Intensity
BWA
BWA
MO
MO
Q4 25
4.5%
1.6%
Q3 25
3.1%
0.9%
Q2 25
2.1%
0.5%
Q1 25
3.4%
0.7%
Q4 24
4.7%
0.8%
Q3 24
4.5%
0.5%
Q2 24
4.6%
0.5%
Q1 24
5.3%
0.6%
Cash Conversion
BWA
BWA
MO
MO
Q4 25
2.93×
Q3 25
2.33×
1.30×
Q2 25
2.58×
0.09×
Q1 25
0.52×
2.53×
Q4 24
1.10×
Q3 24
1.52×
1.14×
Q2 24
1.52×
-0.02×
Q1 24
-0.57×
1.35×

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%

MO
MO

Smokeable Products Segment$5.1B88%
Oral Tobacco Segment$706.0M12%

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