Dana Incorporated's earnings call reflected a mix of positive achievements in cost reduction and cash flow improvements, but also challenges in sales decline, net losses, and difficulties in the commercial vehicle market. While the company is optimistic about future performance and cost savings, immediate concerns remain with market softness and external economic factors.
Company Guidance
During the Dana Incorporated fourth quarter and full year 2024 earnings call, the company provided several key metrics and guidance for 2025. For the full year 2024, Dana reported sales of $10.28 billion, a decrease of $271 million from the previous year, with adjusted EBITDA increasing by $40 million to $885 million, resulting in a profit margin of 8.6%. Free cash flow improved to $70 million, up from a slightly negative position in 2023. Looking ahead to 2025, Dana expects sales to be about $9.75 billion at the midpoint, with adjusted EBITDA anticipated to rise to $975 million, implying a profit margin of 10%. Free cash flow is projected to more than triple to $225 million, driven by $175 million in cost-saving actions and a shift in capital expenditure strategy. The company also aims to achieve new Dana margins between 8.1% and 8.6% in 2025, with further improvements targeted towards double digits in 2026.
Cost Reduction Success
Dana Incorporated successfully actioned $100 million of their $300 million cost reduction program, resulting in improved margins and operating performance.
Improved Free Cash Flow
Free cash flow improved from a slightly negative position in 2023 to $70 million in 2024, with expectations to more than triple in 2025.
Strong Operating Margins
Adjusted EBITDA was $40 million higher than the previous year, with an overall improvement of 60 basis points in operating margins.
Light Vehicle and Power Technologies Growth
The majority of the backlog is in light vehicle and power technologies, indicating strong growth potential in these segments.
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Dana Holding (DAN) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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DAN Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Feb 20, 2025
$16.40
$16.32
-0.49%
Oct 30, 2024
$10.02
$8.29
-17.27%
Jul 31, 2024
$11.53
$12.45
+7.98%
Apr 30, 2024
$12.27
$12.08
-1.55%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Dana Holding (DAN) report earnings?
Dana Holding (DAN) is schdueled to report earning on Apr 23, 2025, TBA Not Confirmed.
What is Dana Holding (DAN) earnings time?
Dana Holding (DAN) earnings time is at Apr 23, 2025, TBA Not Confirmed.
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