Dana

Dana

Drive and motion systems for mobility

Overview

Dana is a global supplier that develops and delivers technology for motion and energy in vehicles. It produces drive and motion systems, thermal and sealing technologies, and power management solutions for traditional, hybrid, and electric vehicles, serving manufacturers in over 30 countries with about 40,000 employees. Its products work by combining components like transmissions, axles, motors, and power electronics to move vehicles, manage heat, and optimize energy use. Dana differentiates itself through a long history (120 years), a broad, integrated portfolio, and a strong commitment to ethics and responsibility, supporting a wide range of propulsion types and vehicle applications. Its goal is to help move the world by enabling safer, more efficient mobility across traditional, hybrid, and EV platforms.

About Dana

Simplify's Rating
Why Dana is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Automotive & Transportation

Industrial & Manufacturing

Company Size

10,001+

Company Stage

IPO

Headquarters

Maumee, Ohio

Founded

1904

People at Dana

People at Dana who can refer or advise you

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Simplify's Take

What believers are saying

  • Closing in Q1 2027, the tax-free Reverse Morris Trust will give Eaton shareholders 50.1% and Dana shareholders 49.9%.
  • Dana's Q1 2026 sales rose 5.2% to $1.87B with a 9.2% margin, including a $950M Stellantis contract.
  • Erin Rowse, Eaton's HR SVP, will become Chief Human Resources Officer to lead cultural integration after merger close.

What critics are saying

  • High-risk EEOC GINA lawsuit covers pre-employment genetic questionnaires from 2022–2024 with 85–95% probability in 6–12 months.
  • Mandatory $250M synergy realization post-$5.1B merger faces 60–75% failure probability in 12–24 months with high impact.
  • Robinson, IL facility closure triggers 81 layoffs and operational disruption with 95–100% probability in 0–3 months.

What makes Dana unique

  • Dana's $5.1B merger with Eaton Mobility creates an $11B powertrain leader targeting $250M synergies in 24 months.
  • The combined firm integrates Dana's thermal and sealing tech with Eaton's commercial transmissions and electrification capabilities.
  • Dana raised its 2030 targets to $14–15B in sales with an 18% adjusted EBITDA margin post-merger.

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Funding

Total Funding

$467.5M

Above

Industry Average

Funded Over

1 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Stock Price

Company News

HR Trends
Jun 25th, 2026
EEOC reminds employers pre-employment health questionnaires may violate GINA.

EEOC reminds employers pre-employment health questionnaires may violate GINA. Posted by News Room 25 June 2026 The U.S. Equal Employment Opportunity Commission sued automotive manufacturer Dana Sealing Manufacturing, alleging the company illegally acquired genetic information from its employees, and issued a warning to other employers as well. Between 2022 and 2024, the Kentucky-based employer allegedly required applicants to state whether their parents, grandparents or siblings ever had certain listed medical conditions, in violation of Title II of the Genetic Information Nondiscrimination Act of 2008, the complaint claimed. "The Genetic Information Nondiscrimination Act prevents employers from requesting family medical history information from employees and applicants, except in narrow circumstances, none of which applied here," Kenneth Bird, regional attorney for the EEOC's Indianapolis District, said in a statement Wednesday. "The EEOC will continue to enforce GINA and other federal anti-discrimination laws." How a health questionnaire may violate GINA. EEOC accused the employer of engaging in practices that can adversely affect status as applicants for employment, because of genetic information. The complaint outlined how Dana Sealing's "pre-employment health history and physical examination" may have violated GINA. Notably, Dana Sealing asked potential hires to disclose whether their family members had asthma, cancer, diabetes, heart problems, high blood pressure, epilepsy or mental illness, among other conditions, according to the complaint. The lawsuit further alleged that Dana Sealing's request for information was not related to any employer-sponsored health care or wellness benefits, and that the questionnaire was not created by a health clinic with which it worked. Dana Sealing amended the form in 2024 to say that the health clinic should not provide the employer with the genetic information. A spokesperson for Dana Sealing told HR Dive the firm is committed to maintaining a workplace that "complies with all applicable laws" on Thursday. "As we are now engaged in the legal process, we cannot offer any comment on the specifics of this matter," they said. Genetic information often comes up in relation to employer wellness programs or pre-employment health screenings. Previously, Amazon settled a class action lawsuit alleging a similar violation of the Illinois Genetic Information Privacy Act. The e-commerce company had also asked potential hires to engage in a pre-employment physical examination. The National Institutes of Health's National Human Genome Research Institute noted that employee wellness programs can be a GINA pain point. "Since wellness programs involve the exchange of health information between employees and their employers, they are relevant to the enforcement of GINA in cases where wellness programs request genetic information from employees," NIH researchers said. According to EEOC, there are strict limits on employer actions at the intersection of GINA and wellness programs.

PR Newswire
Apr 14th, 2026
Dana to release Q1 2026 results on 29 April, after $7.5B sales in 2025

Dana Incorporated will release its first-quarter 2026 financial results on 29 April. The company will issue a press release at approximately 7am EDT, followed by a conference call and webcast at 9am EDT. Senior management will discuss the results and answer questions during the call, which can be accessed via telephone or online streaming through Dana's investor website. A webcast replay will be available following the call. Dana Incorporated is a global manufacturer of propulsion solutions for light and commercial vehicles. Headquartered in Maumee, Ohio, the company reported sales of $7.5 billion in 2025 and employs 27,000 people across 24 countries.

PR Newswire
Mar 25th, 2026
Dana targets $10B sales, 14-15% EBITDA margins by 2030, plans up to $2B in share buybacks

Dana Incorporated is hosting a Capital Markets Day in New York to present Dana 2030, its long-term growth and value-creation strategy. The automotive propulsion solutions manufacturer has outlined ambitious financial targets for 2030. The company aims to achieve approximately $10 billion in annual sales by 2030, representing a 33% increase from 2026 guidance. Dana targets adjusted EBITDA margins of 14-15%, a 400-basis-point improvement driven by operational efficiency and higher-margin business. The plan includes adjusted free cash flow margin of around 6% and up to $2 billion in cumulative share repurchases through 2030. Presentations feature Dana's leadership team, including Chairman Bruce McDonald and incoming CEO Byron Foster. The Maumee, Ohio-based company reported $7.5 billion in sales for 2025 and employs 27,000 people globally.

Yahoo Finance
Mar 7th, 2026
Dana completes Off Highway exit, targets 10-11% EBITDA margin in 2030 plan

Dana has completed the separation of its Off Highway business, refocusing its portfolio around core operations. The company is implementing a $325 million cost reduction initiative and targeting an adjusted EBITDA margin of 10% to 11%. The automotive supplier's shares trade at $33.92, with a 142.4% return over one year and 36.0% year-to-date gain. Dana reported revenue of $7.5 billion, down from $7.73 billion previously, whilst swinging to net income of $85 million from a $57 million loss. Management will present its Dana 2030 long-term plan at an upcoming Capital Markets Day, outlining strategy for the streamlined business focused on light-vehicle and electrification programmes. The company faces concentration risk as it narrows its customer base.

PR Newswire
Mar 3rd, 2026
Dana unveils 2030 strategy targeting $10B sales and up to $2B share buybacks

Dana Incorporated will host a Capital Markets Day on 25 March in New York City to present its long-term Dana 2030 strategy. The event will feature presentations from senior leadership, including Chairman and CEO R. Bruce McDonald and incoming CEO Byron Foster. Dana 2030 targets approximately $10 billion in annual sales by 2030, up from expected 2026 figures. The company aims for adjusted EBITDA margins of 14-15%, representing nearly 400 basis points improvement, and adjusted free cash flow margin of approximately 6% of sales. Dana also plans up to $2 billion in cumulative share repurchases through 2030, adding to $750 million already completed. The event will run from 9:00am to 12:00pm EDT, with both in-person attendance and live webcast available through Dana's investor relations website.

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