Dana Stock Price, News & Analysis

Dana Incorporated (NYSE: DAN) is a manufacturing company that focuses on the design and manufacture of highly efficient propulsion and energy-management solutions for vehicles and machines in mobility markets around the world. The company’s activities align with the motor vehicle gasoline engine and engine parts manufacturing industry and the broader manufacturing sector.

Dana states that it supports nearly every vehicle manufacturer with drive and motion systems, electrodynamic technologies (including software and controls), and thermal, sealing, and digital solutions. These offerings are used to power vehicles and machines across mobility markets globally and are positioned to serve both conventional and clean‑energy applications.

Business focus and segments

According to available information, Dana has described four operating segments: Light Vehicles, Power Technologies, Commercial Vehicle, and Off-Highway. The Light Vehicles segment has been identified as generating a majority portion of revenue by providing products to support light vehicle original equipment manufacturers (OEMs). Its products in that segment are designed for light trucks, sport utility vehicles (SUVs), crossover utility vehicles (CUVs), vans, and passenger cars.

More recent company communications emphasize a transformation strategy that includes the sale of Dana’s Off-Highway business to Allison Transmission Holdings, Inc. This transaction was completed on January 1, 2026, pursuant to a stock purchase agreement dated June 11, 2025, as disclosed in Dana’s Form 8-K filings. Following this divestiture, Dana has stated that it is a more focused company dedicated to serving light- and commercial-vehicle customers with both traditional and electrified systems.

Propulsion and energy-management solutions

Dana describes itself as a leader in propulsion and energy-management solutions that support both conventional and clean‑energy technologies. Its portfolio, as described in company news releases, includes:

• Drive and motion systems for vehicles and machines in mobility markets.
• Electrodynamic technologies, including software and controls, which support electrified and other advanced propulsion systems.
• Thermal, sealing, and digital solutions that contribute to managing energy, efficiency, and performance.

The company states that these solutions are used across mobility markets worldwide and that they support nearly every vehicle manufacturer, indicating a broad customer base within the automotive and mobility ecosystem.

Geographic footprint and history

Dana reports that it is based in Maumee, Ohio, USA. In its public communications, the company has cited sales of approximately $7.7 billion in 2024 and a workforce of about 28,000 people. These employees are described as being located in more than 20 countries, and in some disclosures Dana has referenced operations in 22 to 26 countries across six continents. While specific country lists are not provided in the supplied materials, the company emphasizes a global operating footprint.

Dana highlights a history dating to 1904, positioning it as a long-established participant in the automotive and mobility supply chain. The company notes that it has been recognized among the "World's Most Ethical Companies" by Ethisphere and as one of "America's Most Responsible Companies" by Newsweek for 2025. Dana also describes itself as having a high‑performance culture focused on valuing others, inspiring innovation, growing responsibly, and winning together, and notes recognition as a top employer.

Capital structure, debt reduction, and transformation

Recent SEC filings and news releases show that Dana is engaged in a multi‑step transformation strategy. Key disclosed elements include:

• Divestiture of the Off-Highway business to Allison Transmission Holdings, Inc. for a cash purchase price of approximately $2.732 billion, completed on January 1, 2026, as reported in Form 8-K filings.
• Use of proceeds from this transaction to reduce debt and repurchase certain outstanding senior notes through cash tender offers and subsequent redemptions, as detailed in Forms 8-K dated December 4, 2025 and January 8, 2026.
• A stated objective to reduce debt and improve the company’s balance sheet, with the Off-Highway sale proceeds used to fund tender offers and redemptions of multiple series of senior notes.

In its communications, Dana links this transformation strategy to a more focused business serving light- and commercial-vehicle customers with traditional and electrified systems, and to efforts aimed at improving margins, reducing complexity, and supporting innovation and growth in its core markets.

Public company status and exchange listing

SEC filings identify Dana Incorporated as a Delaware corporation with common stock registered under Section 12(b) of the Securities Exchange Act of 1934. The filings specify that Dana’s common stock, with a par value of $0.01 per share, trades on the New York Stock Exchange under the symbol "DAN". There is no indication in the provided materials of delisting, deregistration, or bankruptcy.

Corporate governance and leadership disclosures

Recent Form 8-K filings describe board and management developments. For example, an October 2025 filing notes the appointment of a new member to the board of directors and outlines committee assignments and compensation consistent with other non‑employee directors. Another filing describes an amended and restated employment agreement extending the tenure of the company’s chairman and chief executive officer while the board advances a search for a successor and a longer‑term strategy.

Financial reporting and performance communications

Dana regularly issues news releases about its financial results, which are furnished to the SEC on Form 8-K. For example, the company reported third‑quarter 2025 financial results, including sales, net income from continuing operations, adjusted EBITDA, operating cash flow, and adjusted free cash flow. These communications also discuss a cost‑savings initiative, capital return plans, and expectations related to margins and cash flow, while emphasizing that certain measures are non‑GAAP metrics with reconciliations provided in its filings.

The company also participates in investor conferences and hosts webcasts and conference calls to discuss financial performance, backlog growth, market outlook, and capital return strategy. Access details for these events are typically provided through Dana’s investor information channels and are referenced in both press releases and Form 8-K filings.

Recognition and corporate responsibility

In multiple news releases, Dana notes that it has been named among the "World's Most Ethical Companies" for 2025 by Ethisphere and as one of "America's Most Responsible Companies 2025" by Newsweek. The company links these recognitions to its culture, which it describes as focused on valuing others, inspiring innovation, growing responsibly, and winning together, and to its status as a globally recognized employer.

Position within the automotive and mobility supply chain

Based on the provided information, Dana operates as a Tier 1 automotive supplier, providing propulsion and energy‑management technologies to vehicle manufacturers. Its focus on drive and motion systems, electrodynamic technologies, and thermal, sealing, and digital solutions positions it as a key participant in both conventional and clean‑energy mobility applications. The transformation associated with the Off-Highway divestiture and related debt reduction is presented by the company as a way to concentrate on light and commercial vehicle markets and to support long‑term strategic objectives.