Filing Flows › Dana (DAN) › Guidance & outlook
Dana (DAN) guidance and outlook
Dana (DAN) raised its guidance on Oct 28, 2026: EBITDA $800M–$850M for FY2026; EBITDA margin 10.6% for FY2026; EPS $1.75–$2.25 for FY2026; Free cash flow $275M–$375M for FY2026. Dana's 10-Q filed Nov 5, 2026 makes 17 forward-looking statements.
Guidance and outlook
Latest guidance
| Metric | Period | Range | Change |
|---|---|---|---|
| Revenue | FY2026 | $50.0M | new |
| EBITDA | FY2026 | $800M–$850M | raised |
| Revenue | FY2026 | $7.8B | reaffirmed |
| EBITDA margin | FY2026 | 10.6% | reaffirmed |
| EPS | FY2026 | $1.75–$2.25 | reaffirmed |
| Free cash flow | FY2026 | $275M–$375M | reaffirmed |
From the earnings release filed Oct 28, 2026 (8-K on EDGAR).
Forward-looking statements, 10-Q filed Nov 5, 2026
- We expect to deliver annualized savings of $325 through 2026.
- Divestiture of Off-Highway Business — Dana has embarked on a strategic plan to focus on our core on-highway markets, creating a more focused and nimble Dana through the divestiture of our Off-Highway business.
- Aftermarket opportunities — We have a global group dedicated to identifying and developing aftermarket growth opportunities that leverage the capabilities within our existing businesses – targeting increased future aftermarket sales.
- Selective acquisitions — Although transformational opportunities will be considered when strategically and economically attractive, our acquisition focus is principally directed at “bolt-on” or adjacent acquisition opportunities that have a strategic fit with our existing core businesses, particularly opportunities that support our enterprise strategy and enhance the value proposition of our product offerings.
- Any potential acquisition will be evaluated in the same manner we currently consider customer program opportunities and other uses of capital – with a disciplined financial approach designed to ensure profitable growth and increased shareholder value.
- The inclusion of our website address in this report is an inactive textual reference only and is not intended to include or incorporate by reference the information on our website into this report.
- We have not provided a reconciliation of our adjusted EBITDA outlook to the most comparable GAAP measure of net income (loss) from continuing operations.
- Our 2026 sales outlook is $7,750 to $7,850, reflecting relatively stable global market demand, $200 of net new business backlog, dissipation of the tariff recovery lag experienced in 2025 and currency tailwinds.
- Based on our current sales and exchange rate outlook for 2026, we expect international currencies to be a modest tailwind to sales primarily due to a stronger euro.
- At sales levels in our current outlook for 2026, a 5% movement on the euro would impact our annual sales by approximately $15 and a 5% change on the Brazilian real would impact our annual sales by approximately $5.
- At our current sales outlook for 2026, we expect full year 2026 adjusted EBITDA to approximate $800 to $850.
- Adjusted EBITDA margin is expected to be 10.6% at the midpoint of our guidance range, a 250 basis-point improvement over 2025, reflecting the impact of significant cost savings actions, improved operational performance and favorable product mix, partially offset by the impact of net material cost recoveries and net inflationary cost recoveries.
Dana's latest quarter
Dana, Q3 2026: revenue $2.0B (+6% year over year), operating margin 4.5%, net earnings $15.0M, operating cash flow $102M. The chart follows the revenue to costs, profit and cash.
Questions
Did Dana raise or lower its guidance?
Dana (DAN) raised its guidance on Oct 28, 2026: EBITDA $800M–$850M for FY2026; EBITDA margin 10.6% for FY2026; EPS $1.75–$2.25 for FY2026; Free cash flow $275M–$375M for FY2026.
What does Dana expect?
We expect to deliver annualized savings of $325 through 2026. Divestiture of Off-Highway Business — Dana has embarked on a strategic plan to focus on our core on-highway markets, creating a more focused and nimble Dana through the divestiture of our Off-Highway business. Aftermarket opportunities — We have a global group dedicated to identifying and developing aftermarket growth opportunities that leverage the capabilities within our existing businesses – targeting increased future aftermarket sales.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.