Dana Incorporated Charts Course for $10 Billion Future with ‘Dana 2030’ Plan
Dana Incorporated (NYSE: DAN) is laying out an ambitious roadmap for growth, unveiling its “Dana 2030” strategy at a Capital Markets Day scheduled for March 25 in New York City. The plan targets approximately $10 billion in annual sales by 2030, a substantial leap from current projections, and signals a strong commitment to value creation for shareholders.
Key Pillars of the Dana 2030 Strategy
The Dana 2030 plan rests on four core objectives: increased sales, improved profitability, stronger cash flow, and strategic capital deployment. Specifically, the company aims for adjusted EBITDA margins of 14 to 15 percent – a nearly 400 basis point improvement – driven by higher-margin business, operational efficiencies, and disciplined investment. Adjusted free cash flow is targeted to reach approximately 6 percent of sales, representing a 200 basis point increase.
Dana also intends to return capital to shareholders, with plans for up to $2 billion in cumulative share repurchases through 2030, building on the $750 million already completed. This demonstrates confidence in the company’s financial strength and future prospects.
Leadership Transition and Strategic Focus
The announcement comes as Dana navigates a leadership transition. R. Bruce McDonald, Chairman and Chief Executive Officer, will continue to lead the company during the initial phase of the Dana 2030 plan, with Byron Foster, currently Senior Vice President and President of Light Vehicle Systems, set to assume the role of Chief Executive Officer. Other key leaders involved in the strategy include Brian Pour (Commercial Vehicle Systems), Seth Metzger (Chief Technology Officer), Chris Clark (Global Operations), and Timothy Kraus (Chief Financial Officer).
The company’s strategy emphasizes leveraging its core businesses while capitalizing on growth opportunities in light vehicle, commercial vehicle, aftermarket, and adjacent mobility markets. This diversified approach aims to mitigate risk and ensure sustainable growth.
Investor Event Details
The Capital Markets Day will be held on March 25 in New York City, from 9:00 a.m. To 12:00 p.m. EDT, with registration beginning at 8:30 a.m. The event will be accessible both in-person and via live webcast. Interested parties can request an invitation or register for the webcast through Dana’s Investor Relations website at dana.com/investors.
Forward-Looking Statements
Dana Incorporated notes that certain statements made during the Capital Markets Day and in related materials will constitute forward-looking statements, subject to risks, and uncertainties. Investors are directed to the company’s SEC filings for a comprehensive discussion of these risk factors.
Frequently Asked Questions
Q: What is Dana 2030?
A: Dana 2030 is Dana Incorporated’s long-range plan to accelerate growth and value creation, targeting $10 billion in sales by 2030.
Q: When and where is the Capital Markets Day?
A: The Capital Markets Day is on March 25 in New York City.
Q: How can I participate in the Capital Markets Day?
A: You can register for in-person attendance (space is limited) or the live webcast through Dana’s Investor Relations website.
Q: What is Dana’s current annual sales figure?
A: Dana reported sales of $7.5 billion in 2025.
Pro Tip: Keep an eye on Dana’s Investor Relations website (dana.com/investors) for updates and materials from the Capital Markets Day. This is where you’ll discover the most detailed information about the Dana 2030 plan.
Explore Dana’s commitment to innovation and sustainability on their website: dana.com
