Will Cost Cuts and Backlog Fuel Earnings Growth for Dana?

Key Takeaways Dana has a $750 million backlog, with about $200 million expected to convert into 2026 revenue.DAN delivered about $248 million in 2025 savings and targets a $325 million run rate entering 2026.Dana sees 2026 adjusted EBITDA of $750 million to $850 million, up from $610 million in 2025.Dana Incorporated (DAN) is leaning on two key levers in an uneven auto market— a growing backlog that supports revenue visibility and a cost transformation that is steadily improving margins. Together, these dri ...