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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
Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Headquarters
Maumee, Ohio
Founded
1904
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Simplify's Take
What believers are saying
- Dana raised 2026 sales guidance to $7.65 billion-$7.85 billion after Q2 outperformance.
- By August 2026, Dana restarted buybacks and plans another $200 million before year-end.
- Ford named Dana 2026 Supplier of the Year for tariff collaboration, reinforcing customer trust.
What critics are saying
- EEOC sued Dana Sealing in June 2026 over GINA violations; penalties can hit hard.
- Dana closed Robinson, Illinois and Auburn Hills thermal operations, signaling ongoing demand destruction.
- Eaton’s split-off needs shareholder and regulatory approval; any delay traps stranded costs and weakens buyback plans.
What makes Dana unique
- Dana’s Eaton Mobility merger creates an $11 billion drivetrain-and-aftermarket platform in Q1 2027.
- Victor Reinz, defense driveline, and thermal-management systems give Dana multiple non-overlapping revenue engines.
- Fluxless brazing and battery-cooling expertise position Dana for data-center thermal contracts.
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Funding
Total Funding
$967.5M
Above
Industry Average
Funded Over
2 Rounds
Stock Price
Company News
Dana targets $250M in Eaton synergies as cost cuts and buybacks gain speed. August 20, 2026 Key points. * Dana expects its Eaton Mobility acquisition to close in Q1 2027, creating a company with approximately $11 billion in pro forma 2026 revenue and roughly 15% EBITDA margins. The deal is projected to deliver $250 million in annual run-rate synergies by the end of the second year after closing. * Dana generated $19 million in incremental cost savings during the second quarter and remains on track toward its $325 million cost-reduction target. The company also resumed share repurchases, planning to buy back about $200 million of stock by the end of the year as part of a broader goal to complete $2 billion in buybacks by 2029. * Growth initiatives include commercial-vehicle recovery, Ford Super Duty volumes, aftermarket expansion, defense programs and automation. Dana is also evaluating early-stage opportunities to apply its thermal-management technology to data centers. * Five stocks to consider instead of Dana. Dana NYSE: DAN President and CEO Byron Foster said the company's second-quarter performance reflected continued progress on cost reductions, manufacturing efficiency and portfolio initiatives, while the planned combination with Eaton Mobility is expected to expand its commercial-vehicle and aftermarket presence. Speaking at a JPMorgan event, Foster said Dana reported second-quarter sales of just over $2 billion, adjusted EBITDA margin of 10.3% and EBITDA of $207 million. The company generated $19 million in incremental cost savings during the quarter as it advances toward a previously announced $325 million cost-reduction target. Foster said Dana is also addressing stranded costs associated with the planned spin-off of its Off-Highway business. He credited plant productivity projects, automation and product-line profitability efforts for supporting margin improvement over the past 18 months. Eaton Mobility combination. Dana expects its acquisition of Eaton Mobility to close in the first quarter of 2027. On a pro forma 2026 basis, Foster said the combined company would have approximately $11 billion in revenue and EBITDA margins of about 15%. The transaction is expected to generate $250 million in annual run-rate synergies by the end of the second year following closing. Dana expects to capture $75 million in the first year, $200 million in the second year and the full $250 million entering the third year, according to the discussion. Foster said the anticipated synergies include corporate overhead reductions, purchasing gains, manufacturing-footprint opportunities and plant automation. He said Dana has established integration work streams, targets and preliminary action plans that are being refined ahead of closing. "We are highly confident in the 250 of synergies that we can deliver as part of this combination," Foster said, adding that the company is pursuing internal goals above that level to provide a cushion if certain initiatives do not produce expected results. The combination is intended to bring complementary products together across commercial-vehicle driveline, transmission and engine-related systems. Foster said the deal also would provide a better balance between Dana's light-vehicle and commercial-vehicle operations, add customer diversity and increase purchasing scale. Discover more Dividend Screener Tool MarketBeat All Access Dana expects the combined companies to have a $1.7 billion aftermarket business. Foster said Eaton's existing aftermarket sales presence could help Dana accelerate an expansion that otherwise would have required building additional sales teams organically. Capital returns and Dana 2030. Dana has resumed share repurchases and plans to buy back roughly $200 million of stock between now and the end of the calendar year, continuing through the transaction's closing period in the first quarter of 2027. Foster said the repurchases support Dana's objective of completing $2 billion in buybacks by the end of 2029. The company is also examining whether it can restart repurchases after the Eaton transaction closes. Foster said the key issue is whether a post-closing buyback could create an unintended tax event for either Dana or Eaton shareholders, rather than a negotiation between the companies. Dana's standalone Dana 2030 plan targets $10 billion in revenue and margins in the range of 14% before the Eaton transaction. Foster said roughly $1 billion of the revenue needed to reach that target remains to be captured, primarily through aftermarket growth and Applied Technologies initiatives, while the remainder is supported by backlog, high-confidence programs and expected commercial-vehicle market improvement. 2027 growth drivers. Looking toward 2027, Foster said Dana expects commercial-vehicle markets to continue improving, although its exposure includes medium-duty trucks, buses and South America in addition to North American Class 8 production. He said those markets are not moving at the same pace as headline Class 8 trends. On the light-vehicle side, Dana expects higher Ford Super Duty volumes and several new vehicle launches to contribute in 2027. Foster said the Super Duty expansion requires relatively limited incremental capital compared with a new program launch and should carry favorable contribution margins. The company also expects opportunities in defense, powersports and aftermarket to gain momentum. Foster said demand for defense products has increased and that some defense programs can move from development to production faster than traditional original-equipment programs because they use existing technologies adapted for defense applications. He said Dana is working on a major defense program that could receive a production order toward the end of the year, with production potentially beginning in late 2027 or early 2028. Foster estimated defense could represent a three-digit-million-dollar opportunity within Dana's $400 million Applied Technologies target, compared with roughly 40% of that target today. In aftermarket, Dana is expanding its Victor Reinz sealing products with national retail customers in North America. Foster said customer demand is ahead of the company's current distribution capacity, and Dana is developing capacity and distribution-center solutions expected to come online next year. Automation, thermal opportunities and supply chain. Foster said automation remains a major Dana 2030 work stream, with projects underway across multiple plants. Initial efforts include automating repetitive loading, unloading and material-handling tasks, as well as deploying autonomous mobile robots. The company is primarily rolling out these initiatives in North America and beginning work in Europe. Dana also sees potential to apply its automotive thermal-management technologies to data centers and other applications. Foster said the company's fluxless brazing technology for battery cooling plates may offer differentiated solutions, though he described the effort as early-stage. Dana estimates the potential data-center thermal market at about $2 billion and expects to better frame its opportunity by the second half of the year or the first quarters of next year. Finally, Foster said Dana continues to evaluate its global manufacturing footprint as tariff policies and potential U.S.-Mexico-Canada Agreement rule changes evolve. He said the company has worked with customers on tariff and supply-chain management, including a recently highlighted Ford award tied to collaboration on tariff-related issues. About Dana (NYSE:DAN). Dana Incorporated is a global leader in the design and manufacture of drivetrain, sealing, and thermal-management technologies for the automotive, commercial vehicle, off-highway and industrial markets. The company's product portfolio includes axles, driveshafts, transmissions, e-Propulsion systems and thermal-management assemblies that help improve fuel efficiency, reduce emissions and enhance vehicle performance. Dana's expertise spans internal combustion and electrified powertrains, positioning it to support both traditional and next-generation mobility solutions. Founded in 1904 by Clarence W. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Dana, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dana wasn't on the list. While Dana currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
Dana Incorporated to participate in the J.P. Morgan Auto Conference. Aug 10, 2026, 10:00 ET MAUMEE, Ohio, Aug. 10, 2026 /PRNewswire/ - Dana Incorporated (NYSE: DAN) announced today it will participate in the J.P. Morgan Auto Conference on Thursday, August 13, 2026. Beginning at 10 a.m. EDT, Dana's Chief Executive Officer Byron Foster will take part in a fireside chat for approximately 35 minutes. Information on accessing the webcast will be posted to Dana's Investor website, www.dana.com/investors, before the event. About Dana Incorporated Dana Incorporated (NYSE: DAN) is a global leader in the design and manufacture of highly efficient propulsion solutions for the light- and commercial-vehicle markets. Guided by its vision to be the world's best powertrain company, Dana delivers advanced conventional and clean-energy technologies that help customers improve the performance, efficiency, and durability of their vehicles. The company supplies leading vehicle manufacturers and related aftermarkets with industry-defining drive systems, electrodynamic technologies, and thermal and sealing solutions. Headquartered in Maumee, Ohio, USA, Dana reported sales of $7.5 billion in 2025. With a history dating to 1904, the company employs 27,000 people in 24 countries across six continents. Learn more at dana.com. SOURCE Dana Incorporated
Dana (NYSE:DAN) releases earnings results, misses estimates by $0.51 EPS. August 8, 2026 Key points. * Dana's quarterly revenue rose 3.9% year over year to $2.01 billion, beating estimates, while EPS of $0.19 missed consensus by $0.51. Adjusted EBITDA increased to $207 million, with margins improving to 10.3%. * The company raised its 2026 sales, adjusted EBITDA and free-cash-flow outlooks, citing stronger commercial-vehicle demand, and plans to repurchase another $200 million of shares during the year. * Despite stronger operating expectations, Dana lowered its 2026 adjusted EPS outlook to about $2.00 because of higher depreciation and interest expense, tax headwinds and weaker China joint-venture earnings. The Eaton Mobility transaction remains on track to close in the first quarter of 2027. * Five stocks to consider instead of Dana. Dana (NYSE:DAN - Get Free Report) issued its earnings results on Thursday. The auto parts company reported $0.19 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.70 by ($0.51), FiscalAI reports. The company had revenue of $2.01 billion during the quarter, compared to analyst estimates of $1.93 billion. Dana had a return on equity of 4.07% and a net margin of 14.55%.The company's quarterly revenue was up 3.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 earnings per share. Dana updated its FY 2026 guidance to 1.750-2.250 EPS. Here are the key takeaways from Dana's conference call: * Second-quarter results strengthened: Sales rose to $2.01 billion and adjusted EBITDA increased to $207 million, lifting the margin 270 basis points year over year to 10.3%. Adjusted EPS improved to $0.19 from $0.03, supported by pricing, operational improvements, cost savings, and lower interest expense. * Dana raised its 2026 guidance to approximately $7.75 billion in sales, $825 million of adjusted EBITDA, and $325 million of adjusted free cash flow, primarily reflecting stronger commercial-vehicle demand. The company expects Class 8 volumes of roughly 275,000 units in 2026, with additional growth anticipated in 2027 and 2028. * Dana plans to repurchase another $200 million of shares in the balance of 2026 and is exploring ways to resume buybacks after the Eaton Mobility transaction closes. Management said the combined company's higher earnings and cash flow could accelerate completion of the existing $2 billion authorization to before the end of 2029. * The Eaton Mobility transaction remains on track to close in the first quarter of 2027 and will use a tax-free split-off structure. Dana expects at least $250 million in run-rate cost synergies within 24 months, while targeting combined sales of $14 billion-$15 billion by 2030 and a larger, higher-margin aftermarket business. * Despite raising sales and EBITDA expectations, Dana lowered its 2026 adjusted EPS outlook to approximately $2.00 because of higher depreciation and interest expense, tax headwinds, and lower anticipated earnings from China joint ventures. A one-time $20 million U.S. union ratification bonus is also expected in the third quarter. Dana price performance. Shares of Dana stock traded up $1.14 during trading on Friday, reaching $28.46. The company's stock had a trading volume of 1,009,284 shares, compared to its average volume of 1,332,123. The stock has a 50-day moving average price of $28.92 and a two-hundred day moving average price of $31.97. The stock has a market capitalization of $3.08 billion, a P/E ratio of 2.83 and a beta of 1.99. The company has a current ratio of 1.49, a quick ratio of 1.09 and a debt-to-equity ratio of 0.66. Dana has a one year low of $17.38 and a one year high of $39.56. Dana announces dividend. The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be issued a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend is Friday, August 7th. Dana's payout ratio is currently 4.66%. Wall Street analyst weigh in. A number of brokerages have issued reports on DAN. Wall Street Zen cut Dana from a "buy" rating to a "hold" rating in a report on Sunday, April 19th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Dana from $40.00 to $39.00 and set a "buy" rating for the company in a research report on Tuesday, July 7th. Royal Bank Of Canada boosted their price target on shares of Dana from $33.00 to $37.00 and gave the company an "outperform" rating in a research report on Friday. Weiss Ratings cut shares of Dana from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, July 6th. Finally, Wells Fargo & Company dropped their price objective on shares of Dana from $33.00 to $28.00 and set an "equal weight" rating for the company in a report on Friday. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $36.67. Discover more Dividend Screener Tool Stock Profit Calculator Hedge funds weigh in on Dana. Institutional investors have recently modified their holdings of the stock. Tudor Investment Corp ET AL grew its stake in shares of Dana by 28.4% during the fourth quarter. Tudor Investment Corp ET AL now owns 273,631 shares of the auto parts company's stock valued at $6,501,000 after purchasing an additional 60,487 shares during the last quarter. Loomis Sayles & Co. L P lifted its holdings in Dana by 61.2% during the 4th quarter. Loomis Sayles & Co. L P now owns 1,591,768 shares of the auto parts company's stock worth $37,820,000 after buying an additional 604,246 shares in the last quarter. Horizon Investments LLC bought a new position in Dana in the 3rd quarter valued at $553,000. Entropy Technologies LP increased its stake in shares of Dana by 266.2% in the 3rd quarter. Entropy Technologies LP now owns 37,303 shares of the auto parts company's stock valued at $748,000 after buying an additional 27,116 shares during the period. Finally, Russell Investments Group Ltd. lifted its stake in shares of Dana by 3.1% during the third quarter. Russell Investments Group Ltd. now owns 927,987 shares of the auto parts company's stock valued at $18,597,000 after acquiring an additional 27,712 shares during the period. 96.79% of the stock is owned by institutional investors. About Dana. Dana Incorporated is a global leader in the design and manufacture of drivetrain, sealing, and thermal-management technologies for the automotive, commercial vehicle, off-highway and industrial markets. The company's product portfolio includes axles, driveshafts, transmissions, e-Propulsion systems and thermal-management assemblies that help improve fuel efficiency, reduce emissions and enhance vehicle performance. Dana's expertise spans internal combustion and electrified powertrains, positioning it to support both traditional and next-generation mobility solutions. Founded in 1904 by Clarence W. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider Dana, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Dana wasn't on the list. While Dana currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Enter your email address and we'll send you MarketBeat's list of ten stocks set to soar in Summer 2026, despite the threat of tariffs and what's happening in Iran. 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Dana marks 85 years as continuous Jeep supplier. At Toledo Jeep Fest, Aug. 7-9, Dana will spotlight 85 years of innovation with Jeep, underscoring its role in driveline technologies from WWII origins to modern off-road capability. Mary is the Content Director for AftermarketNews/Counterman, and has been with Babcox Media for 38 years, serving in various editorial roles on several of the company's brands. Published: August 6, 2026 Dana Incorporated is marking 85 years as a continuous supplier to Jeep at the 2026 Toledo Jeep Fest, Aug. 7-9. The company said it is highlighting engineering innovations that "helped shape the iconic brand into one of today's most capable off-road vehicles while connecting with fellow enthusiasts throughout a weekend of activities, games and giveaways." Legacy with Jeep. As one of the five companies credited with the invention of the original Jeep, Dana has played an important role in the vehicle's evolution from World War II to the present day, supplying driveline technologies that allow Jeep drivers to confidently transition from everyday roads to off-road terrain. "The Jeep brand represents capability, durability and adventure. These are qualities that have guided our engineering contributions for 85 years," said Bill Nunnery, senior director, Aftermarket, Americas region at Dana. "The Toledo Jeep Fest gives us the opportunity to showcase the technology behind today's Jeep vehicles and celebrate alongside the passionate community that has made Jeep an icon for generations." Activities at Toledo Jeep Fest 2026. Throughout the weekend, Dana will showcase driveline systems that support Jeep enthusiasts on and off the trail. At the Dana booth, attendees can connect with the employees behind the technology and explore a lineup of heavily modified Jeeps built for off-road extremes. There will also be the popular "Twin and Win" game along with free stickers, posters and more. Dana will host a pre-parade party, open to the public, before participating in the annual parade. Focus on future platforms. Dana said it continues to engineer technologies with solutions that support emerging vehicle platforms to help future Jeep owners continue pushing the limits.
Dana Incorporated raised its 2026 revenue guidance after reporting second-quarter sales of $2.01 billion, beating the $1.94 billion analyst estimate and marking a 4% year-on-year increase. The automotive supplier now expects full-year revenue between $7.65 billion and $7.85 billion, with adjusted EBITDA guidance raised by approximately $25 million to $800-850 million. Adjusted EBITDA reached $207 million, up from $147 million a year earlier, whilst margins improved to 10.3% from 7.6%. The company repurchased 1.2 million shares for approximately $44 million and plans an additional $200 million in buybacks before year-end. Dana's planned combination with Eaton's Mobility business remains on track for completion in the first quarter of 2027. Shares rose about 4% in after-hours trading following the announcement.
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About Dana
Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
10,001+
Company Stage
IPO
Headquarters
Maumee, Ohio
Founded
1904
There are no jobs for Dana right now.
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