10 Firms Defy Market Pessimism

3. Dana Inc. (NYSE:DAN)

Dana Inc. grew its share prices on Friday by 14.89 percent to finish at $15.20 apiece after an optimistic 2025 guidance and preliminary earnings results for the full year 2024.

According to Dana Inc., preliminary adjusted EBITDA for the full year 2024 was at $885 million, higher by 5 percent than the $845 million in 2023.

Meanwhile, Dana Inc. said it expects sales to settle between $9.5 billion to $10.02 billion; adjusted EBITDA between $925 million to $1.02 billion; and a free cash flow between $175 million to $275 million.

“Improved working capital efficiency and reduced capital expenditures will increase free cash flow. Primarily due to the annualized benefit of our cost reduction actions, we expect a 2026 adjusted EBITDA margin of between 9.5 to 10.5 percent. Over the business cycle we expect free cash flow to be approximately four percent of sales and maintain one times net leverage,” said Dana Inc. Chief Finance Officer Timothy Kraus.