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Dana Inc Financials

DAN
Source SEC Filings (10-K/10-Q) Updated Sep 30, 2025 Currency USD FYE December

This page shows Dana Inc (DAN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 24 / 100
Financial Profile 24/100

Based on FY2024 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
11

Dana Inc has an operating margin of 2.2%, meaning the company retains $2 of operating profit per $100 of revenue. This below-average margin results in a low score of 11/100, suggesting thin profitability after operating expenses. This is down from 3.0% the prior year.

Growth
21

Dana Inc's revenue declined 2.6% year-over-year, from $10.6B to $10.3B. This contraction results in a growth score of 21/100.

Leverage
45

Dana Inc has a moderate D/E ratio of 1.79. This balance of debt and equity financing earns a leverage score of 45/100.

Liquidity
38

Dana Inc's current ratio of 1.45 indicates adequate short-term liquidity, earning a score of 38/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow
3

While Dana Inc generated $450.0M in operating cash flow, capex of $380.0M consumed most of it, leaving $70.0M in free cash flow. This results in a low score of 3/100, reflecting heavy capital investment rather than weak cash generation.

Altman Z-Score Grey Zone
2.07

Dana Inc scores 2.07, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.

Piotroski F-Score Neutral
4/9

Dana Inc passes 4 of 9 financial strength tests. 2 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Mixed
-7.89x

For every $1 of reported earnings, Dana Inc generates $-7.89 in operating cash flow ($450.0M OCF vs -$57.0M net income). This mixed ratio suggests some earnings may rely on non-cash accounting items.

Interest Coverage At Risk
1.4x

Dana Inc earns $1.4 in operating income for every $1 of interest expense ($226.0M vs $161.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Revenue
$10.3B
YoY-2.6%
5Y CAGR+3.6%
10Y CAGR+4.5%

Dana Inc generated $10.3B in revenue in fiscal year 2024. This represents a decrease of 2.6% from the prior year.

EBITDA
$659.0M
YoY-10.9%
5Y CAGR+0.8%

Dana Inc's EBITDA was $659.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 10.9% from the prior year.

Free Cash Flow
$70.0M
YoY+380.0%
5Y CAGR-19.8%
10Y CAGR-12.8%

Dana Inc generated $70.0M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 380.0% from the prior year.

Net Income
-$57.0M
YoY-250.0%

Dana Inc reported -$57.0M in net income in fiscal year 2024. This represents a decrease of 250.0% from the prior year.

EPS (Diluted)
$-0.39
YoY-250.0%

Dana Inc earned $-0.39 per diluted share (EPS) in fiscal year 2024. This represents a decrease of 250.0% from the prior year.

Cash & Debt
$494.0M
YoY-6.6%
5Y CAGR-0.6%
10Y CAGR-7.9%

Dana Inc held $494.0M in cash against $2.4B in long-term debt as of fiscal year 2024.

Dividends Per Share
$0.40
YoY+0.0%
5Y CAGR+0.0%
10Y CAGR+7.2%

Dana Inc paid $0.40 per share in dividends in fiscal year 2024. This represents an increase of 0.0% from the prior year.

Shares Outstanding
145M
YoY+0.5%
5Y CAGR+0.2%
10Y CAGR-1.3%

Dana Inc had 145M shares outstanding in fiscal year 2024. This represents an increase of 0.5% from the prior year.

Gross Margin
8.5%
YoY-0.0pp
5Y CAGR-4.6pp
10Y CAGR-5.8pp

Dana Inc's gross margin was 8.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is down 0.0 percentage points from the prior year.

Operating Margin
2.2%
YoY-0.8pp
5Y CAGR-1.2pp

Dana Inc's operating margin was 2.2% in fiscal year 2024, reflecting core business profitability. This is down 0.8 percentage points from the prior year.

Net Margin
-0.5%
YoY-0.9pp
5Y CAGR-3.2pp
10Y CAGR-5.4pp

Dana Inc's net profit margin was -0.5% in fiscal year 2024, showing the share of revenue converted to profit. This is down 0.9 percentage points from the prior year.

Return on Equity
N/A
R&D Spending
$229.0M
YoY-3.4%
5Y CAGR+15.4%
10Y CAGR+12.3%

Dana Inc invested $229.0M in research and development in fiscal year 2024. This represents a decrease of 3.4% from the prior year.

Share Buybacks
N/A
Capital Expenditures
$380.0M
YoY-24.2%
5Y CAGR-2.3%
10Y CAGR+5.0%

Dana Inc invested $380.0M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents a decrease of 24.2% from the prior year.

DAN Income Statement

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Revenue $1.9B-0.9% $1.9B-17.7% $2.4B-34.8% $3.6B+76.1% $2.0B-25.2% $2.7B+9.7% $2.5B-6.6% $2.7B
Cost of Revenue $1.8B-2.6% $1.8B-15.7% $2.1B-33.6% $3.2B+66.4% $1.9B-22.5% $2.5B+6.9% $2.3B-4.2% $2.4B
Gross Profit $166.0M+20.3% $138.0M-37.3% $220.0M-44.0% $393.0M+235.9% $117.0M-52.0% $244.0M+48.8% $164.0M-30.5% $236.0M
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $87.0M-12.1% $99.0M-25.0% $132.0M-22.8% $171.0M+58.3% $108.0M-22.3% $139.0M0.0% $139.0M+10.3% $126.0M
Operating Income $53.0M+231.3% $16.0M-77.8% $72.0M-59.3% $177.0M+1461.5% -$13.0M-118.6% $70.0M+536.4% $11.0M-87.9% $91.0M
Interest Expense $47.0M+6.8% $44.0M+12.8% $39.0M-11.4% $44.0M+10.0% $40.0M+2.6% $39.0M-2.5% $40.0M-2.4% $41.0M
Income Tax -$2.0M-120.0% $10.0M+25.0% $8.0M-92.6% $108.0M+800.0% $12.0M-67.6% $37.0M+1133.3% $3.0M-90.9% $33.0M
Net Income $83.0M+207.4% $27.0M+8.0% $25.0M+131.3% -$80.0M-600.0% $16.0M+433.3% $3.0M+107.7% -$39.0M-305.3% $19.0M
EPS (Diluted) $0.64+236.8% $0.19+11.8% $0.17+130.9% $-0.55-600.0% $0.11+450.0% $0.02+107.4% $-0.27-307.7% $0.13

DAN Balance Sheet

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Total Assets $8.1B-0.4% $8.1B+4.3% $7.8B+4.0% $7.5B-3.9% $7.8B-0.6% $7.9B-1.4% $8.0B+0.4% $7.9B
Current Assets $4.1B-1.4% $4.2B+3.9% $4.0B+8.9% $3.7B-9.2% $4.1B-0.6% $4.1B0.0% $4.1B-2.8% $4.2B
Cash & Equivalents $414.0M-14.8% $486.0M-4.1% $507.0M+2.6% $494.0M+17.9% $419.0M+19.4% $351.0M-33.6% $529.0M+25.7% $421.0M
Inventory $1.1B+0.6% $1.1B-31.7% $1.6B+54.4% $1.0B-34.6% $1.6B-1.4% $1.6B-3.0% $1.7B-2.2% $1.7B
Accounts Receivable $1.2B+3.6% $1.1B-19.8% $1.4B+60.1% $890.0M-40.7% $1.5B-1.6% $1.5B+11.3% $1.4B-12.2% $1.6B
Goodwill N/A N/A $257.0M+2.8% $250.0M-2.3% $256.0M-0.4% $257.0M-2.3% $263.0M+2.7% $256.0M
Total Liabilities $6.8B+1.3% $6.7B+8.4% $6.2B+4.2% $5.9B-2.3% $6.1B0.0% $6.1B-1.3% $6.1B+0.9% $6.1B
Current Liabilities $3.2B+2.9% $3.1B+8.6% $2.8B+10.5% $2.6B-7.2% $2.8B+7.5% $2.6B-1.4% $2.6B-2.5% $2.7B
Long-Term Debt $2.6B-0.1% $2.6B+5.8% $2.4B+1.7% $2.4B0.0% $2.4B-7.5% $2.6B-0.7% $2.6B+1.4% $2.6B
Total Equity $1.1B-9.2% $1.2B-12.7% $1.4B+3.5% $1.3B-9.6% $1.5B-4.2% $1.5B-2.3% $1.6B-0.9% $1.6B
Retained Earnings $297.0M+31.4% $226.0M+5.6% $214.0M+4.9% $204.0M-30.4% $293.0M-1.3% $297.0M-6.3% $317.0M-10.2% $353.0M

DAN Cash Flow Statement

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Operating Cash Flow $111.0M+246.9% $32.0M+186.5% -$37.0M-112.3% $302.0M+40.5% $215.0M+310.8% -$102.0M-136.7% $278.0M+148.2% $112.0M
Capital Expenditures $49.0M+69.0% $29.0M-61.3% $75.0M-58.8% $182.0M+100.0% $91.0M+30.0% $70.0M-50.7% $142.0M+21.4% $117.0M
Free Cash Flow $62.0M+1966.7% $3.0M+102.7% -$112.0M-193.3% $120.0M-3.2% $124.0M+172.1% -$172.0M-226.5% $136.0M+2820.0% -$5.0M
Investing Cash Flow -$70.0M-1500.0% $5.0M+107.7% -$65.0M+55.8% -$147.0M-28.9% -$114.0M-81.0% -$63.0M+56.6% -$145.0M-5.1% -$138.0M
Financing Cash Flow -$112.0M-19.1% -$94.0M-198.9% $95.0M+379.4% -$34.0M-9.7% -$31.0M-3200.0% $1.0M+103.4% -$29.0M-45.0% -$20.0M
Dividends Paid $13.0M-13.3% $15.0M0.0% $15.0M0.0% $15.0M0.0% $15.0M0.0% $15.0M0.0% $15.0M0.0% $15.0M
Share Buybacks $182.0M N/A N/A N/A N/A N/A N/A N/A

DAN Financial Ratios

Metric Q3'25 Q2'25 Q1'25 Q3'24 Q2'24 Q1'24 Q4'23 Q3'23
Gross Margin 8.7%+1.5pp 7.1%-2.2pp 9.3%-1.6pp 10.9%+5.2pp 5.7%-3.2pp 8.9%+2.3pp 6.6%-2.3pp 8.8%
Operating Margin 2.8%+1.9pp 0.8%-2.2pp 3.1%-1.8pp 4.9%+5.5pp -0.6%-3.2pp 2.6%+2.1pp 0.4%-3.0pp 3.4%
Net Margin 4.3%+2.9pp 1.4%+0.3pp 1.1%+3.3pp -2.2%-3.0pp 0.8%+0.7pp 0.1%+1.7pp -1.6%-2.3pp 0.7%
Return on Equity 7.6%+5.3pp 2.2%+0.4pp 1.8%+1.5pp 0.3%-0.8pp 1.1%+0.9pp 0.2% N/A 1.2%
Return on Assets 1.0%+0.7pp 0.3%0.0pp 0.3%+1.4pp -1.1%-1.3pp 0.2%+0.2pp 0.0%+0.5pp -0.5%-0.7pp 0.2%
Current Ratio 1.31-0.1 1.36-0.1 1.43-0.0 1.45-0.0 1.48-0.1 1.60+0.0 1.580.0 1.58
Debt-to-Equity 2.35+0.2 2.13+0.4 1.76-0.0 1.79+0.2 1.62-0.1 1.68+0.0 1.65+0.0 1.61
FCF Margin 3.2%+3.1pp 0.2%+4.9pp -4.8%-8.1pp 3.3%-2.7pp 6.1%+12.3pp -6.3%-11.7pp 5.5%+5.6pp -0.2%

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Frequently Asked Questions

What is Dana Inc's annual revenue?

Dana Inc (DAN) reported $10.3B in total revenue for fiscal year 2024. This represents a -2.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Dana Inc's revenue growing?

Dana Inc (DAN) revenue declined by 2.6% year-over-year, from $10.6B to $10.3B in fiscal year 2024.

Is Dana Inc profitable?

No, Dana Inc (DAN) reported a net income of -$57.0M in fiscal year 2024, with a net profit margin of -0.5%.

What is Dana Inc's earnings per share (EPS)?

Dana Inc (DAN) reported diluted earnings per share of $-0.39 for fiscal year 2024. This represents a -250.0% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

What is Dana Inc's EBITDA?

Dana Inc (DAN) had EBITDA of $659.0M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Dana Inc have?

As of fiscal year 2024, Dana Inc (DAN) had $494.0M in cash and equivalents against $2.4B in long-term debt.

What is Dana Inc's gross margin?

Dana Inc (DAN) had a gross margin of 8.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.

What is Dana Inc's operating margin?

Dana Inc (DAN) had an operating margin of 2.2% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.

What is Dana Inc's net profit margin?

Dana Inc (DAN) had a net profit margin of -0.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.

Does Dana Inc pay dividends?

Yes, Dana Inc (DAN) paid $0.40 per share in dividends during fiscal year 2024.

What is Dana Inc's free cash flow?

Dana Inc (DAN) generated $70.0M in free cash flow during fiscal year 2024. This represents a 380.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Dana Inc's operating cash flow?

Dana Inc (DAN) generated $450.0M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.

What are Dana Inc's total assets?

Dana Inc (DAN) had $7.5B in total assets as of fiscal year 2024, including both current and long-term assets.

What are Dana Inc's capital expenditures?

Dana Inc (DAN) invested $380.0M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.

How much does Dana Inc spend on research and development?

Dana Inc (DAN) invested $229.0M in research and development during fiscal year 2024.

How many shares does Dana Inc have outstanding?

Dana Inc (DAN) had 145M shares outstanding as of fiscal year 2024.

What is Dana Inc's current ratio?

Dana Inc (DAN) had a current ratio of 1.45 as of fiscal year 2024, which is considered adequate.

What is Dana Inc's debt-to-equity ratio?

Dana Inc (DAN) had a debt-to-equity ratio of 1.79 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Dana Inc's return on assets (ROA)?

Dana Inc (DAN) had a return on assets of -0.8% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.

What is Dana Inc's Altman Z-Score?

Dana Inc (DAN) has an Altman Z-Score of 2.07, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Dana Inc's Piotroski F-Score?

Dana Inc (DAN) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Dana Inc's earnings high quality?

Dana Inc (DAN) has an earnings quality ratio of -7.89x, considered mixed quality. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Dana Inc cover its interest payments?

Dana Inc (DAN) has an interest coverage ratio of 1.4x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Dana Inc?

Dana Inc (DAN) scores 24 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.