Dana Incorporated (DAN) Stock

Dana Incorporated (DAN) is a Consumer Discretionary stock trading at $30.76 (as of 2026-08-20), with a market capitalization of $3.31B and a trailing P/E of 1.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Dana Incorporated designs and manufactures power-conveyance and energy-management solutions for vehicles and machinery. Its operations are organized into Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies, serving light trucks and passenger vehicles, medium/heavy-duty trucks and buses, and off-highway equipment across North America, Europe, South America, and the Asia Pacific.

Understand Dana Incorporated: how it makes money

Dana Incorporated supplies drivetrain and energy management components for light vehicles, commercial vehicles, and other machinery, and it earns revenue by selling these vehicle and powertrain systems and components to vehicle and equipment manufacturers.

Dana's profit model depends on winning new vehicle programs and converting awarded business into production sales, which is tracked through new business awards, organic sales conversion, and active vehicle program launch metrics.

Revenue by segment (latest quarter)
Light Veh	$1.3B
Commercial Veh	$0.6B

Business quality (Weak): Margins are tight (gross margin 9.0%, operating margin 1.0%), so operating performance is likely sensitive to program execution and sales conversion metrics.

Valuation: At 3× earnings, DAN trades 85% below the Automobiles & Trucks average (20×). Note: one-time items can distort reported P/E.

Bull case

New business pipeline: Annual Sales from New Business Award is 0.25 USD_B, and Incremental New Business Awarded is 0.2 USD_B, indicating ongoing program awards.
Program execution and conversion: Traditional Organic Sales Conversion Rate is 39.0 percent, and Active Vehicle Program Launches and Active Vehicle Launches Including Capacity Uplifts are both 120 (count).

Bear case

Low operating profitability: Gross margin is 9.0 percent and operating margin is 1.0 percent, leaving limited room for cost or mix pressure.
Execution risk around launches: Key operating metrics are tied to active launches and new business awards, so delays or weaker conversion could pressure sales from ongoing programs.

Valuation — source: SEC EDGAR (first-party)
Price	$30.76
Market Cap	$3.31B
P/E Ratio	1.5
EV / EBITDA	5.9
Price / Book	1.67
Price / Sales	0.43
FCF Yield	-25.7%
DCF Value (model)	$15.57
DCF Upside vs Price	-49.4%

Profitability & Growth — source: SEC EDGAR
Revenue (TTM)	$7.50B
Net Margin	1.1%
Revenue Growth (YoY)	-27.1%
EPS Growth (YoY)	-264.1%
FCF Growth (YoY)	325.7%

Financial Health — source: SEC EDGAR
Altman Z-Score	1.44 (distress)
Piotroski F-Score	5/9 (moderate)

Valuation vs Sector & Industry
Stock P/E	1.5
Sector P/E (Consumer Discretionary)	20.5
Industry P/E (Automobiles & Trucks)	17.2
vs Sector	-92.8%
vs Industry	-91.5%

Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional Holder	BlackRock, Inc. ($584.51M)
Institutional Holders Tracked	10
Congressional Trades (recent)	9

Company
Sector	Consumer Discretionary
Industry	Automobiles & Trucks
CEO	Timothy R. Kraus
Employees	39,300
Country	US
IPO Date	2008-01-02

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Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.