BMW Cuts 2026 Automotive EBIT Margin Outlook to -0.5% to +0.5%

By Public Technologies
  • BMW cut its 2026 automotive EBIT margin outlook to -0.5%–0.5%, with return on capital employed expected at -1%–1%.
  • Expanded portfolio and restructuring measures will weigh on the margin by around 2.5 percentage points, versus 1.25 percentage points previously expected.
  • Excluding those measures, the automotive EBIT margin is still expected above 2%; automotive free cash flow remains targeted above €2.5 billion.
  • The measures include earlier phaseouts of older vehicle and technology generations as Neue Klasse production ramps up, alongside accelerated organizational restructuring.
  • Third-quarter automotive EBIT totaled €901 million, yielding a 3.4% margin, supported by a supplier settlement over brake-system warranty claims.


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