NYSE$DAN
Dana Holding Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Dana's Q3 2024 earnings were impacted by softening demand across end markets, but profitability was supported by cost efficiencies.
Dana Incorporated reported sales of $2.48 billion and net income of $4 million for the third quarter of 2024. Adjusted EBITDA was $232 million, representing 9.4% of sales. The company maintained its full-year free cash flow guidance.
- Achieved 30 basis points of profit-margin improvement despite lower sales.
- Sales totaled $2.48 billion, compared to $2.67 billion in the same period of 2023.
- Adjusted EBITDA was $232 million, or 9.4 percent of sales.
- Maintained full-year free cash flow guidance at $100 million.
Headline financials
Revenue & EPS history
Dana · Revenue · Quarterly
$2.48B
Revenue by segment
Dana · $1.87B total across 2 segments · Q1 2026
- Light Vehicle$1.27B—67.9%
- Commercial Vehicle$599M—32.1%
Forward guidance
Dana provided financial targets for the full year 2024, including sales of $10.2 to $10.4 billion and adjusted EBITDA of $855 to $895 million.
Tailwinds
- Company-wide efficiency improvements and cost-savings actions driving higher profit and margins compared to last year
- YOY free cash flow improvement driven by higher profit and lower capital spending
- Margin benefiting from improved efficiencies and cost savings actions
- Positive profit contribution on EV sales offset by investment in new program development costs
- Maintaining full-year guidance due to lower capital spending
Headwinds
- Lower sales driven by lower end-market demand in 2nd half
- Weakening demand for electric vehicles driving lower sales compared to prior outlook
- Organic growth impacted by lower end-market demand in 2nd half
- Translation of foreign currency expected to be slight headwind to sales
- Lower commodity costs resulting in lower sales recoveries; profit benefit of lower input cost is more than offset by the cost true-ups with customers
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2024
-0.6%
Avg return
Earnings day
-1.4%
Avg return
5 days after
-0.5%
Avg return
30 days after
45%
30 / 66 earnings
Positive
+20.1%
Q2 2012
Best reaction
-24.4%
Q3 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -4.4% | -1.8% | -10.7% | |
| Q4 2025 | +5.3% | +6.0% | -4.4% | |
| Q3 2025 | +7.9% | +2.8% | +11.9% | |
| Q2 2025 | +7.2% | +14.1% | +34.5% | |
| Q1 2025 | +5.8% | +11.9% | +28.0% | |
| Q4 2024 | -0.5% | -5.6% | -13.8% | |
| Q3 2024 | -24.4% | -23.9% | -1.4% | |
| Q2 2024 | +3.0% | -8.0% | -4.1% | |
| Q1 2024 | +5.1% | +5.5% | +10.1% | |
| Q4 2023 | -8.8% | -6.6% | -7.8% | |
| Q3 2023 | -8.0% | -11.3% | +3.2% | |
| Q2 2023 | +0.9% | -1.8% | -17.2% | |
| Q1 2023 | -0.2% | -0.1% | -6.5% | |
| Q4 2022 | -15.3% | -17.2% | -27.2% | |
| Q3 2022 | +8.7% | +12.3% | +24.1% | |
| Q2 2022 | -4.5% | -3.3% | -10.9% | |
| Q1 2022 | +1.3% | -0.1% | +9.3% | |
| Q4 2021 | -11.3% | -13.5% | -18.8% | |
| Q3 2021 | -11.8% | -11.9% | -4.8% | |
| Q2 2021 | -0.9% | -3.4% | +0.3% | |
| Q1 2021 | -4.4% | -6.8% | -2.0% | |
| Q4 2020 | -2.3% | +2.2% | +10.9% | |
| Q3 2020 | -1.0% | -3.7% | +20.1% | |
| Q2 2020 | -11.3% | -5.0% | +9.5% | |
| Q1 2020 | +3.3% | -0.5% | +21.1% | |
| Q4 2019 | +4.1% | +2.3% | -46.4% | |
| Q3 2019 | -3.5% | +6.1% | +0.8% | |
| Q2 2019 | -18.5% | -24.4% | -33.6% | |
| Q1 2019 | -5.0% | -7.3% | -23.8% | |
| Q4 2018 | +15.8% | +15.4% | +5.4% | |
| Q3 2018 | -10.6% | -5.5% | -10.3% | |
| Q2 2018 | -2.3% | +2.9% | -3.5% | |
| Q1 2018 | -5.5% | -4.6% | -9.8% | |
| Q4 2017 | -5.4% | -7.4% | -13.6% | |
| Q3 2017 | +4.8% | +5.8% | +10.0% | |
| Q2 2017 | +1.8% | +4.1% | +1.9% | |
| Q1 2017 | +4.0% | +6.0% | +13.8% | |
| Q4 2016 | -0.9% | -0.6% | -4.7% | |
| Q3 2016 | +2.0% | +1.3% | +16.1% | |
| Q2 2016 | +15.6% | +20.0% | +25.0% | |
| Q1 2016 | -7.3% | — | — | |
| Q4 2015 | -9.7% | — | — | |
| Q3 2015 | -1.2% | — | — | |
| Q2 2015 | -4.9% | — | — | |
| Q1 2015 | +1.1% | — | — | |
| Q4 2014 | -2.0% | — | — | |
| Q3 2014 | +14.4% | — | — | |
| Q2 2014 | +2.9% | — | — | |
| Q1 2014 | -9.9% | — | — | |
| Q4 2013 | +6.0% | — | — | |
| Q3 2013 | -16.3% | — | — | |
| Q2 2013 | +5.5% | — | — | |
| Q1 2013 | -2.9% | — | — | |
| Q4 2012 | -1.0% | — | — | |
| Q3 2012 | -0.4% | — | — | |
| Q2 2012 | +20.1% | — | — | |
| Q1 2012 | +6.1% | — | — | |
| Q4 2011 | +3.5% | — | — | |
| Q4 2009 | +3.5% | — | — | |
| Q4 2010 | +3.5% | — | — | |
| Q3 2010 | +8.3% | — | — | |
| Q3 2011 | +8.3% | — | — | |
| Q2 2011 | -3.6% | — | — | |
| Q1 2011 | -1.3% | — | — | |
| Q1 2010 | -1.3% | — | — | |
| Q2 2010 | +2.8% | — | — |
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