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Sep 30, 2021
Dana Q3 2021 Earnings Report
Dana's financial performance was impacted by rising commodity costs, supply-chain constraints, and labor shortages, but the company remains focused on offsetting these challenges and capitalizing on future growth opportunities.
Key Takeaways
Dana Incorporated reported sales of $2.2 billion for the third quarter of 2021, a $210 million increase compared to the same period in 2020. Net income attributable to Dana was $48 million, up $3 million from last year's third quarter. Adjusted EBITDA was $210 million, compared to $201 million in the same period of 2020. Diluted adjusted earnings per share were $0.41, compared to $0.37 in the third quarter of 2020.
Sales reached $2.2 billion, driven by strong customer demand in heavy-vehicle markets.
Net income attributable to Dana was $48 million.
Adjusted EBITDA totaled $210 million.
Diluted adjusted EPS was $0.41.
Revenue by Segment
Forward Guidance
Dana provided revised 2021 financial target ranges, including sales of $8.8 to $9 billion, adjusted EBITDA of $815 million to $875 million, diluted adjusted EPS of $1.65 to $2.05, operating cash flow of approximately 5% of sales, and free cash flow of approximately 1% of sales.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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