BWA vs. ATKR
BWA (BorgWarner Inc.) and ATKR (Atkore Inc.) are both stocks. BWA operates in Auto Parts (Consumer Cyclical), while ATKR operates in Electrical Equipment & Parts (Industrials). Over the past 10 years, BWA returned 10.19%/yr vs 16.09%/yr for ATKR. At a 0.49 correlation, their price movements are largely independent.
Performance
BWA vs. ATKR - Performance Comparison
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Returns By Period
In the year-to-date period, BWA achieves a 41.99% return, which is significantly higher than ATKR's 14.40% return. Over the past 10 years, BWA has underperformed ATKR with an annualized return of 10.19%, while ATKR has yielded a comparatively higher 16.09% annualized return.
BWA
- 1D
- -2.08%
- 1M
- -14.59%
- 6M
- 32.55%
- YTD
- 41.99%
- 1Y
- 82.12%
- 3Y*
- 13.21%
- 5Y*
- 10.35%
- 10Y*
- 10.19%
ATKR
- 1D
- -0.78%
- 1M
- -9.57%
- 6M
- 5.92%
- YTD
- 14.40%
- 1Y
- -2.43%
- 3Y*
- -21.22%
- 5Y*
- 1.63%
- 10Y*
- 16.09%
BWA vs. ATKR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BWA BorgWarner Inc. | 41.99% | 43.88% | -10.15% | 2.50% | -9.18% | 18.39% | -9.19% | 27.13% | -30.97% | 31.24% |
ATKR Atkore Inc. | 14.40% | -22.67% | -47.26% | 41.07% | 2.01% | 170.47% | 1.61% | 103.93% | -7.51% | -10.29% |
Correlation
The correlation between BWA and ATKR is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.45 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.48 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.52 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jun 10, 2016 | 0.49 |
The correlation between BWA and ATKR has been stable across timeframes, ranging from 0.45 to 0.52 - a consistent structural relationship.
Fundamentals
BWA:
$13.05B
ATKR:
$2.42B
BWA:
$1.70
ATKR:
-$5.36
BWA:
0.94
ATKR:
0.56
BWA:
$14.33B
ATKR:
$2.87B
BWA:
$2.71B
ATKR:
$561.88M
BWA:
$1.88B
ATKR:
-$40.23M
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Return for Risk
BWA vs. ATKR — Risk / Return Rank
BWA
ATKR
BWA vs. ATKR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BorgWarner Inc. (BWA) and Atkore Inc. (ATKR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BWA | ATKR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.12 | ||
| Sortino ratioReturn per unit of downside risk | +2.91 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.04 | +0.34 |
| Calmar ratioReturn relative to maximum drawdown | 3.47 | -0.08 | +3.54 |
| Martin ratioReturn relative to average drawdown | 8.72 | -0.14 | +8.86 |
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Drawdowns
BWA vs. ATKR - Drawdown Comparison
The maximum BWA drawdown since its inception was -72.15%, roughly equal to the maximum ATKR drawdown of -72.77%. Use the drawdown chart below to compare losses from any high point for BWA and ATKR.
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Drawdown Indicators
| BWA | ATKR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -72.15% | -72.77% | +0.62% |
Max Drawdown (1Y)Largest decline over 1 year | -23.80% | -32.38% | +8.58% |
Max Drawdown (3Y)Largest decline over 3 years | -45.35% | -72.77% | +27.42% |
Max Drawdown (5Y)Largest decline over 5 years | -45.88% | -72.77% | +26.89% |
Max Drawdown (10Y)Largest decline over 10 years | -64.59% | -72.77% | +8.18% |
Current DrawdownCurrent decline from peak | -17.38% | -61.52% | +44.14% |
Average DrawdownAverage peak-to-trough decline | -22.00% | -24.38% | +2.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 9.45% | 17.23% | -7.78% |
Volatility
BWA vs. ATKR - Volatility Comparison
The current volatility for BorgWarner Inc. (BWA) is 10.67%, while Atkore Inc. (ATKR) has a volatility of 13.25%. This indicates that BWA experiences smaller price fluctuations and is considered to be less risky than ATKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BWA | ATKR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.67% | 13.25% | -2.58% |
Volatility (6M)Calculated over the trailing 6-month period | 33.99% | 28.38% | +5.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 40.05% | 46.92% | -6.87% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.40% | 47.14% | -12.74% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.65% | 49.46% | -14.81% |
Dividends
BWA vs. ATKR - Dividend Comparison
BWA's dividend yield for the trailing twelve months is around 1.07%, less than ATKR's 1.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ATKR Atkore Inc. | 1.84% | 2.07% | 1.53% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BWA BorgWarner Inc. | 1.07% | 1.24% | 1.38% | 1.45% | 1.69% | 1.51% | 1.76% | 1.57% | 1.96% | 1.15% | 1.34% | 1.20% |
Financials
BWA vs. ATKR - Financials Comparison
This section allows you to compare key financial metrics between BorgWarner Inc. and Atkore Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BWA vs. ATKR - Profitability Comparison
BWA - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, BorgWarner Inc. reported a gross profit of 677.00M and revenue of 3.53B. Therefore, the gross margin over that period was 19.2%.
ATKR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jul 2026, Atkore Inc. reported a gross profit of 136.19M and revenue of 731.43M. Therefore, the gross margin over that period was 18.6%.
BWA - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, BorgWarner Inc. reported an operating income of 336.00M and revenue of 3.53B, resulting in an operating margin of 9.5%.
ATKR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jul 2026, Atkore Inc. reported an operating income of 6.98M and revenue of 731.43M, resulting in an operating margin of 1.0%.
BWA - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, BorgWarner Inc. reported a net income of 242.00M and revenue of 3.53B, resulting in a net margin of 6.9%.
ATKR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jul 2026, Atkore Inc. reported a net income of -124.04M and revenue of 731.43M, resulting in a net margin of -17.0%.
Frequently Asked Questions
BWA and ATKR have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ATKR has higher volatility (13.25%) compared to BWA (10.67%). In terms of maximum drawdown, BWA dropped -72.15% vs ATKR's -72.77%.
BWA currently has the higher Sharpe Ratio (2.07 vs -0.05), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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