Mid-West Forge Corporation is involved in manufacturing axle shafts through forging, extruding, machining and heat treating. The company has been operational since 1925.

Mid-West Forge Corporation

Dana Incorporated provides power-conveyance and energy-management solutions for vehicles and machinery in North America, Europe, South America, and the Asia Pacific. It operates in four segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies. The Light Vehicle Drive Systems segment offers axles, driveshafts, e-axles, electrodynamic and drivetrain components, and transmissions, as well as electric, hybrid, and ICE products for light trucks, sport and crossover utility vehicles, vans, and passenger cars. The Commercial Vehicle Drive and Motion Systems segment provides axles, driveshafts, e-axles, e-transmissions, electrodynamic and drivetrain components, and electric vehicle integration services, as well as software as a service for medium and heavy duty trucks, buses, and specialty vehicles. The Off-Highway Drive and Motion Systems segment offers axles, driveshafts, transmissions, planetary hub drives, e-axles and e-drives, and helical and bevel-helical gearboxes, as well as electrodynamic, hydraulic, and drivetrain components for construction, earth moving, agricultural, mining, forestry, material handling, and industrial stationary markets. The Power Technologies segment offers gaskets and sealing, cover modules, heat shields, thermal management, e-thermal management, cooling, and bipolar fuel cell plates products for light vehicle, medium/heavy vehicle, and off-highway markets. The company was formerly known as Dana Holding Corporation and changed its name to Dana Incorporated in August 2016. Dana Incorporated was founded in 1904 and is headquartered in Maumee, Ohio.

J.B. Long

Hugo Reinz

Joseph Victor

Charles A. Dana

Clarence W. Spicer

Dana Incorporated

Mid-West Forge Corporation | 2,456 followers on LinkedIn. Family Owned and Operated for Nearly a Century | At Mid-West Forge, we’re more than just a manufacturer of axle shafts; we’re dedicated to engineering an exceptional automotive experience. With a proud history spanning 98 years and four generations, we are recognized pioneers in precision axle shafts, supplying top automotive giants like Ford, Chrysler, Dana Corporation, and General Motors. As a Tier 1 supplier, our commitment to world-class excellence is underscored by our IATF 16949 and ISO 14001 certifications, ensuring superior quality and rigorous standards in every aspect of our manufacturing process.

Plant Administrative Specialist

Kim Mizerak

Automation Control Engineer At Mid-WestForge

Nour Chehade

Jake Lindquist

Die Polisher at Mid-West Forge Corporation

Clifton Williams

We’re #hiring . Know anyone who might be interested?

**ATTENTION ALL MWF EMPLOYEES AND FAMILIES** Family Fun Day is scheduled for next Friday, September 13th, onsite from 3-7pm. Come enjoy some much-needed fun with your friends and family before Summer is through. We will host Plant Tours, Live Performers and Musicians. Enjoy free food from various food trucks including Barrio Tacos, Jones Bones BBQ, & East Coast Custard. Stroll the employee car & motorcycle show, stop by the petting zoo, try your hand at axe throwing, and experience a 360-photo booth. All activities are free and fun for all ages. Grand Prizes will be raffled off to those in attendance. (*chance to win a 58" TCL TV, Nintendo Switch, HP Laptop, & Beats Headphones). Don’t Forget to pick up your MWF Swag at check in! RSVP using the QR code and link provided on the weekly Installments onsite!

As we wrap up an incredible summer here at Mid-West Forge Corporation, we want to extend a massive thank you to our exceptional 2024 summer interns. Their hard work, dedication, and enthusiasm have made a tremendous impact across our engineering, operations, safety, and HR departments. From tackling complex engineering challenges and optimizing our operations to enhancing our safety protocols and supporting our HR initiatives, each of them has contributed uniquely and significantly. Their fresh perspectives and innovative ideas have been invaluable, and it's been inspiring to see them all apply their skills and knowledge so effectively. We wish them best in the remainder of their schooling and can’t wait to see where they go!

We're #hiring a new Senior Controls Engineer. Apply today or share this post with your network!

Metric
Company Name	Mid-West Forge Corporation	Dana Incorporated
Symbol		DAN
MSH ID	COM:MID-WESTFORGE	COM:DANA
Market	PRIVATE	STOCKS
Sector	Capital Goods & Industrials	Consumer Cyclical
Industry	Manufacturing	Auto - Parts
Country	US	US
Stage
Employee Count		42K
Website	mid-westforge.com	dana.com
LinkedIn	mid-west-forge-corporation
Founders

Metric
Market Cap		1.63B
Enterprise Value
Monthly Web Traffic
Web Traffic Growth
Valuation
Raised Capital

Metric
Revenue		10.55B
Revenue (LTM)
Revenue (NTM)
Gross Profit		900M
EBITDA		792M
Operating Income		351M
Net Income		38M
EPS		0.26
Diluted EPS		0.26
Revenue 2022
Revenue 2023
Revenue 2024
Revenue 2025
Revenue 2026

Metric
Revenue Growth (LTM)
Revenue Growth (NTM)
Gross Profit Growth (LTM)
EBITDA Growth (LTM)
Net Income Growth (LTM)
14-Day Growth Score
28-Day Growth Score
90-Day Growth Score
365-Day Growth Score

Metric
Gross Profit Margin		0.09
Operating Profit Margin		0.03
EBITDA Margin		0.08
Net Profit Margin		0.00
Return on Equity		0.02
Return on Assets		0.00
Return on Capital Employed		0.07

MID-

COM:MID-WESTFORGE

Mid-West Forge Corporation

Company Overview

Market Metrics

Financial Performance

Growth Metrics

Profitability Ratios

Valuation Multiples

Operational Metrics

Cash Flow Metrics

Balance Sheet Metrics

Efficiency Metrics

Metric
P/E Ratio		-18.38
P/B Ratio		1.23
Revenue Multiple (LTM)
Revenue Multiple (NTM)
EBITDA Multiple (LTM)
EBITDA Multiple (NTM)
Price to Sales Ratio		0.19
EV Multiple		-0.67

Metric
Days Sales Outstanding		63.74
Days Payables Outstanding		70.86
Days Inventory Outstanding		63.36
Operating Cycle		121.80
Cash Conversion Cycle		58.23
Asset Turnover		1.36

Metric
Operating Cash Flow		476M
Free Cash Flow		-25M
Cash Flow to Debt		0.20
Operating Cash Flow/Sales		0.05
Free Cash Flow Yield		0.02

Metric
Cash & Equivalents		529M
Accounts Receivable		12M
Inventory		1.68B
Goodwill		263M
Debt to Capitalization		0.66
Debt to Assets		0.37
Current Ratio		1.58
Quick Ratio		0.97

Metric
Rule of 40 (LTM)
Rule of 40 (NTM)
Stock Comp to Revenue		0.00
R&D to Revenue
SG&A to Revenue		0.04