Dana Incorporated, founded in 1904 and headquartered in Maumee, Ohio, United States, is a leading provider of advanced driveline, sealing, and thermal-management technologies. Under CEO Kevin M. Mansour, the company serves over 100 OEMs globally with innovative components that power conventional, hybrid, and electric vehicles. It leverages its extensive R&D and manufacturing expertise to maintain a competitive edge and pursue substantial growth in e-mobility and global market expansion. Dana’s focus on product innovation and strategic diversification positions it well to navigate industry challenges and capitalize on emerging trends.
Financial Statements
In thousands, USD
FY 2025
FY 2024
FY 2023
FY 2022
Total Revenues
7,500,000
7,734,000
7,613,000
10,156,000
Cost of Sales
6,898,000
7,356,000
7,236,000
9,393,000
Gross Profit
602,000
378,000
377,000
763,000
Selling, General & Administrative Expenses
387,000
429,000
440,000
495,000
Depreciation & Amortization Expenses
7,000
8,000
8,000
14,000
Other Operating Expenses
(23,000)
75,000
9,000
190,000
Operating Profit
231,000
(134,000)
(80,000)
86,000
Interest and Investment Income
42,000
23,000
6,000
15,000
Interest Expense
(181,000)
(158,000)
(152,000)
(128,000)
Non-Operating Income
—
—
(1,000)
22,000
Total Non-Operating Income
(139,000)
(135,000)
(147,000)
(91,000)
Income Before Provision for Income Taxes
(32,000)
(321,000)
(246,000)
(31,000)
Provision for Income Taxes
53,000
31,000
7,000
284,000
Consolidated Net Income
102,000
(49,000)
48,000
(311,000)
Net Income Attributable to Minority Interests and Other
17,000
8,000
10,000
(69,000)
Net Income Attributable to Discontinued Operations
155,000
293,000
310,000
—
Net Income Attributable to Common Shareholders
85,000
(57,000)
38,000
(242,000)
Basic EPS
0.64
-0.39
0.26
-1.69
Diluted EPS
0.64
-0.39
0.26
-1.69
Basic Weighted Average Shares Outstanding
133,700
145,200
144,400
143,600
Diluted Weighted Average Shares Outstanding
133,700
145,200
144,400
143,600
Shares Outstanding
112,284
144,994
144,386
143,366
FY 2025
FY 2024
FY 2023
FY 2022
Cash and Cash Equivalents
469,000
494,000
529,000
425,000
Total Cash and Cash Equivalents
469,000
494,000
529,000
425,000
Accounts Receivable
987,000
890,000
1,371,000
1,374,000
Other Receivables
254,000
220,000
280,000
202,000
Total Trade Receivables
1,241,000
1,110,000
1,651,000
1,576,000
Inventories
1,015,000
1,047,000
1,676,000
1,609,000
Other Current Assets
1,143,000
1,053,000
247,000
219,000
Total Current Assets
3,868,000
3,704,000
4,103,000
3,829,000
Net Property, Plant & Equipment
2,177,000
2,090,000
2,638,000
2,504,000
Net Intangible Assets
71,000
80,000
182,000
201,000
Goodwill
—
—
263,000
259,000
Long-Term Investments
102,000
125,000
123,000
136,000
Other Long-Term Assets
1,590,000
1,487,000
656,000
520,000
Total Assets
7,808,000
7,486,000
7,965,000
7,449,000
Accounts Payable
1,154,000
1,120,000
1,756,000
1,838,000
Accrued Expenses
780,000
539,000
747,000
545,000
Short-Term Debt
615,000
8,000
22,000
52,000
Current Portion of Long-Term Debt
30,000
214,000
35,000
8,000
Current Portion of Leases
41,000
35,000
42,000
36,000
Other Current Liabilities
688,000
645,000
—
—
Total Current Liabilities
3,308,000
2,561,000
2,602,000
2,479,000
Long-Term Debt
2,566,000
2,387,000
2,598,000
2,348,000
Leases
266,000
235,000
284,000
277,000
Other Long-Term Liabilities
769,000
718,000
653,000
547,000
Total Long-Term Liabilities
3,601,000
3,340,000
3,535,000
3,172,000
Total Liabilities
6,909,000
5,901,000
6,137,000
5,651,000
Common Stock
1,000
2,000
2,000
2,000
Treasury Stock
(35,000)
(13,000)
(9,000)
—
Additional Paid-in Capital
1,671,000
2,282,000
2,255,000
2,229,000
Accumulated Other Comprehensive Income
(1,032,000)
(1,142,000)
(990,000)
(1,001,000)
Retained Earnings
235,000
204,000
317,000
321,000
Total Common Shareholders' Equity
840,000
1,333,000
1,575,000
1,551,000
Minority Interests and Other
59,000
252,000
191,000
195,000
Total Shareholders' Equity
899,000
1,585,000
1,766,000
1,746,000
Total Liabilities and Shareholders' Equity
7,808,000
7,486,000
7,903,000
7,397,000
FY 2025
FY 2024
FY 2023
FY 2022
Net Income
(53,000)
(342,000)
(262,000)
(311,000)
Depreciation & Amortization
357,000
350,000
315,000
388,000
Share-Based Compensation Expense
40,000
30,000
26,000
19,000
Other Adjustments
(45,000)
(58,000)
(89,000)
345,000
Changes in Other Operating Activities
30,000
96,000
15,000
208,000
Cash from Operating Activities
512,000
450,000
476,000
649,000
Capital Expenditure
(214,000)
(312,000)
(427,000)
(440,000)
Proceeds from Sale of Property, Plant & Equipment
13,000
7,000
2,000
3,000
Purchases of Investments
—
—
—
(15,000)
Proceeds from Sale of Investments
57,000
—
—
30,000
Other Investing Activities
(25,000)
0
(12,000)
(4,000)
Cash from Investing Activities
(222,000)
(352,000)
(528,000)
(426,000)
Issuance of Short-Term Debt
607,000
(14,000)
(30,000)
33,000
Net Issuance / (Repayments) of Short-Term Debt
607,000
(14,000)
(30,000)
33,000
Issuance of Long-Term Debt
—
1,000
458,000
2,000
Repayments of Long-Term Debt
(223,000)
(37,000)
(209,000)
(24,000)
Net Issuance / (Repayments) of Long-Term Debt
(223,000)
(36,000)
249,000
(22,000)
Repurchases of Common Shares
(650,000)
—
—
(25,000)
Net Issuance / (Repurchases) of Common Shares
(650,000)
—
—
(25,000)
Common Share Dividends Paid
(54,000)
(58,000)
(58,000)
(58,000)
Other Financing Activities
(51,000)
18,000
(1,000)
30,000
Cash from Financing Activities
(371,000)
(90,000)
160,000
(42,000)
Effect of Exchange Rate Changes on Cash and Cash Equivalents
55,000
(59,000)
13,000
(26,000)
Increase / (Decrease) in Cash, Cash Equivalents and Restricted Cash