Dana Incorporated announced full-year 2025 results and a preliminary outlook for 2026 on Wednesday.
"We closed 2025 with strong momentum and executed on every major strategic commitment, from completing the off-highway divestiture to delivering substantial cost savings," says R. Bruce McDonald, chairman and CEO. "Our actions have reshaped Dana into a more streamlined, higher-margin company with greater financial flexibility."
Highlights of 2025, the company says, included sales of $7.5 billion with an adjusted EBITDA of $600 million, which is about 8% of sales.
"In 2026, we expect to complete the remainder of our now $325 million cost-reduction program, continue executing our $1 billion capital return plan, and expand adjusted EBITDA margins to 10-11% — positioning Dana for durable, long-term value creation," McDonald says. "We are entering the year with a strengthened balance sheet, higher-margin new business, and an ongoing commitment to shareholder returns and operational excellence."
Dana expects 2026 margin guidance to improve to 10.5% and has raised its cost savings target to $325 million. It also announced a $750 million three-year new business backlog with $200 million in incremental new business growth from next-generation platforms with global OEMs.
