PHINIA (PHIN) Financials

$42.81 -0.04 (-0.09%)

Closing price 05/23/2025 03:59 PM Eastern

Extended Trading

$42.82 +0.01 (+0.02%)

As of 05/23/2025 07:39 PM Eastern

Annual Income Statements for PHINIA

This table shows PHINIA's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Income / (Loss) Attributable to Common Shareholders	79	102	262	152
Consolidated Net Income / (Loss)	79	102	262	153
Net Income / (Loss) Continuing Operations	79	102	262	153
Total Pre-Tax Income	187	206	347	186
Total Operating Income	259	241	318	174
Total Gross Profit	756	724	721	676
Total Revenue	3,403	3,500	3,348	3,227
Operating Revenue	3,403	3,500	3,348	3,227
Total Cost of Revenue	2,647	2,776	2,627	2,551
Operating Cost of Revenue	2,647	2,776	2,627	2,551
Total Operating Expenses	497	483	403	502
Selling, General & Admin Expense	442	413	407	460
Other Operating Expenses / (Income)	55	70	-4.00	-13
Total Other Income / (Expense), net	-72	-35	29	12
Interest Expense	99	56	20	35
Interest & Investment Income	27	23	17	8.00
Other Income / (Expense), net	0.00	-2.00	32	39
Income Tax Expense	108	104	85	33
Basic Earnings per Share	$1.80	$2.17	$5.57	$3.23
Weighted Average Basic Shares Outstanding	44M	46.90M	47M	47M
Diluted Earnings per Share	$1.76	$2.17	$5.57	$3.23
Weighted Average Diluted Shares Outstanding	44.80M	47M	47M	47M
Weighted Average Basic & Diluted Shares Outstanding	40.81M	46.16M	-	-
Cash Dividends to Common per Share	$1.00	$0.50	-	-

This table shows PHINIA's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	26	5.00	31	14	29	33	-1.00	35	35	89
Consolidated Net Income / (Loss)	26	5.00	31	14	29	33	-1.00	35	35	89
Net Income / (Loss) Continuing Operations	26	5.00	31	14	29	33	-1.00	35	35	89
Total Pre-Tax Income	50	41	53	37	56	62	30	56	58	121
Total Operating Income	62	51	66	71	71	81	46	56	58	111
Total Gross Profit	172	189	187	188	192	186	177	189	172	201
Total Revenue	796	833	839	868	863	882	896	887	835	859
Operating Revenue	796	833	839	868	863	882	896	887	835	859
Total Cost of Revenue	624	644	652	680	671	696	719	698	663	658
Operating Cost of Revenue	624	644	652	680	671	696	719	698	663	658
Total Operating Expenses	110	138	121	117	121	105	131	133	114	90
Selling, General & Admin Expense	107	118	108	112	104	107	104	103	99	100
Other Operating Expenses / (Income)	3.00	20	13	5.00	17	-2.00	27	30	15	-10
Total Other Income / (Expense), net	-12	-10	-13	-34	-15	-19	-16	0.00	0.00	10
Interest Expense	19	18	20	39	22	22	22	6.00	6.00	5.00
Interest & Investment Income	8.00	7.00	7.00	6.00	7.00	6.00	6.00	5.00	6.00	7.00
Other Income / (Expense), net	-1.00	-	0.00	-1.00	-	-	0.00	1.00	-	8.00
Income Tax Expense	24	36	22	23	27	29	31	21	23	32
Basic Earnings per Share	$0.64	$0.14	$0.72	$0.31	$0.63	$0.70	($0.02)	$0.74	$0.75	$1.89
Weighted Average Basic Shares Outstanding	40.70M	44M	43.10M	44.80M	46.10M	46.90M	47M	47M	47M	47M
Diluted Earnings per Share	$0.63	$0.13	$0.70	$0.31	$0.62	$0.70	($0.02)	$0.74	$0.75	$1.89
Weighted Average Diluted Shares Outstanding	41.50M	44.80M	44.10M	45.70M	46.50M	47M	47M	47M	47M	47M
Weighted Average Basic & Diluted Shares Outstanding	39.80M	40.81M	42.06M	43.68M	45.68M	46.16M	46.69M	47.01M	-	-
Cash Dividends to Common per Share	$0.27	-	$0.25	$0.25	$0.25	-	$0.25	-	-	-

This table details how cash moves in and out of PHINIA's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Net Change in Cash & Equivalents	-189	-136	-311	-180
Net Cash From Operating Activities	308	250	303	147
Net Cash From Continuing Operating Activities	0.00	0.00	0.00	0.00
Net Income / (Loss) Continuing Operations	0.00	0.00	0.00	0.00
Net Cash From Investing Activities	-101	-150	-105	-140
Net Cash From Continuing Investing Activities	-101	-150	-105	-140
Purchase of Property, Plant & Equipment	-105	-150	-107	-146
Purchase of Investments	-1.00	-2.00	0.00	0.00
Sale of Property, Plant & Equipment	2.00	2.00	2.00	6.00
Other Investing Activities, net	3.00	0.00	0.00	-
Net Cash From Financing Activities	-96	20	-185	-44
Net Cash From Continuing Financing Activities	-96	20	-185	-44
Repayment of Debt	-815	-636	22	-52
Repurchase of Preferred Equity	-212	-24	0.00	-
Payment of Dividends	-44	-23	-3.00	0.00
Issuance of Debt	975	708	0.00	0.00
Other Financing Activities, net	0.00	-5.00	-204	8.00
Effect of Exchange Rate Changes	8.00	-6.00	-21	4.00

This table details how cash moves in and out of PHINIA's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-152	-66	-97	26	-52	-64	-34	32	-70	-250	23
Net Cash From Operating Activities	40	73	95	109	31	62	155	66	-33	181	45
Net Cash From Continuing Operating Activities	0.00	-	-140	109	31	-	-33	66	-33	-122	45
Net Income / (Loss) Continuing Operations	0.00	-	-43	14	29	-	-70	35	35	-187	89
Net Cash From Investing Activities	-35	-17	-25	-17	-42	-33	-37	-42	-38	-25	-22
Net Cash From Continuing Investing Activities	-35	-17	-25	-17	-42	-33	-37	-42	-38	-25	-22
Purchase of Property, Plant & Equipment	-35	-20	-25	-17	-43	-33	-37	-42	-38	-21	-26
Sale of Property, Plant & Equipment	0.00	-	1.00	-	1.00	-	-	2.00	0.00	-4.00	3.00
Net Cash From Financing Activities	-117	-35	65	-85	-41	-30	50	3.00	-3.00	-82	-
Net Cash From Continuing Financing Activities	-117	-35	65	-85	-41	-30	50	3.00	-3.00	-82	-
Repayment of Debt	-6.00	-	-300	-512	-3.00	-4.00	-574	42	-100	135	4.00
Repurchase of Preferred Equity	-100	-24	-75	-90	-23	-15	-9.00	-	0.00	-	-
Payment of Dividends	-11	-11	-10	-11	-12	-11	-12	-	0.00	-	-

This table presents PHINIA's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022
Period end date	12/31/2024	12/31/2023	12/31/2022
Total Assets	3,768	4,041	4,074
Total Current Assets	1,841	1,927	1,641
Cash & Equivalents	484	365	251
Accounts Receivable	817	1,017	891
Inventories, net	444	487	459
Prepaid Expenses	96	58	40
Plant, Property, & Equipment, net	843	921	0.00
Total Noncurrent Assets	1,084	1,193	2,433
Long-Term Investments	111	115	325
Goodwill	471	499	490
Intangible Assets	374	417	432
Other Noncurrent Operating Assets	128	162	1,186
Total Liabilities & Shareholders' Equity	3,768	4,041	4,074
Total Liabilities	2,194	2,154	2,431
Total Current Liabilities	969	1,148	1,170
Short-Term Debt	25	89	0.00
Accounts Payable	522	639	686
Other Current Liabilities	422	420	484
Total Noncurrent Liabilities	1,225	1,006	1,261
Long-Term Debt	963	709	26
Noncurrent Employee Benefit Liabilities	112	132	79
Other Noncurrent Operating Liabilities	150	165	1,156
Commitments & Contingencies	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,574	1,887	1,643
Total Preferred & Common Equity	1,574	1,887	1,643
Total Common Equity	1,574	1,887	1,643
Common Stock	1,977	2,032	0.00
Retained Earnings	44	9.00	0.00
Treasury Stock	-230	-23	0.00
Accumulated Other Comprehensive Income / (Loss)	-217	-131	-88

This table presents PHINIA's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023
Period end date	3/31/2025	9/30/2024	6/30/2024	3/31/2024	9/30/2023	6/30/2023
Total Assets	3,748	4,024	3,873	3,978	4,191	3,869
Total Current Assets	1,792	1,976	1,858	1,917	2,124	1,670
Cash & Equivalents	373	477	339	325	-	-
Accounts Receivable	836	920	964	1,023	1,175	891
Inventories, net	479	486	471	489	529	518
Prepaid Expenses	104	93	84	80	53	48
Plant, Property, & Equipment, net	845	882	870	888	889	0.00
Total Noncurrent Assets	1,111	1,166	1,145	1,173	1,178	2,199
Long-Term Investments	120	125	123	120	130	92
Goodwill	484	496	483	491	486	490
Intangible Assets	376	397	393	403	411	421
Other Noncurrent Operating Assets	131	148	146	159	151	1,196
Total Liabilities & Shareholders' Equity	3,748	4,024	3,873	3,978	4,191	3,869
Total Liabilities	2,211	2,320	2,126	2,128	2,299	1,877
Total Current Liabilities	968	1,022	1,005	1,122	1,321	947
Short-Term Debt	25	0.00	13	90	87	-
Accounts Payable	546	588	572	612	817	577
Other Current Liabilities	397	434	420	420	417	370
Total Noncurrent Liabilities	1,243	1,298	1,121	1,006	978	930
Long-Term Debt	964	987	821	706	713	668
Noncurrent Employee Benefit Liabilities	117	137	132	133	94	83
Other Noncurrent Operating Liabilities	162	174	168	167	171	179
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	1,537	1,704	1,747	1,850	1,892	1,992
Total Preferred & Common Equity	1,537	1,704	1,747	1,850	1,892	1,992
Total Common Equity	1,537	1,704	1,747	1,850	1,892	1,992
Common Stock	1,971	1,975	2,020	2,019	2,024	-
Retained Earnings	59	50	29	26	-1.00	-
Treasury Stock	-327	-206	-130	-42	-9.00	-
Accumulated Other Comprehensive Income / (Loss)	-166	-115	-172	-153	-122	-61

This table displays calculated financial ratios and metrics derived from PHINIA's official financial filings.

Metric	2024	2023	2022	2021
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021
Growth Metrics	-	-	-	-
Revenue Growth	-2.77%	4.54%	3.75%	0.00%
EBITDA Growth	8.37%	-31.71%	64.32%	0.00%
EBIT Growth	8.37%	-31.71%	64.32%	0.00%
NOPAT Growth	-8.31%	-50.30%	67.75%	0.00%
Net Income Growth	-22.55%	-61.07%	71.24%	0.00%
EPS Growth	-18.89%	-61.04%	72.45%	0.00%
Operating Cash Flow Growth	23.20%	-17.49%	106.12%	0.00%
Free Cash Flow Firm Growth	135.00%	-16.39%	0.00%	0.00%
Invested Capital Growth	-10.79%	101.74%	0.00%	0.00%
Revenue Q/Q Growth	-1.42%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	-10.38%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	-10.38%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	-26.40%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	-26.17%	0.00%	0.00%	0.00%
EPS Q/Q Growth	-24.46%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	3.70%	-32.25%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	-5.84%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-
Gross Margin	22.22%	20.69%	21.54%	20.95%
EBITDA Margin	7.61%	6.83%	10.45%	6.60%
Operating Margin	7.61%	6.89%	9.50%	5.39%
EBIT Margin	7.61%	6.83%	10.45%	6.60%
Profit (Net Income) Margin	2.32%	2.91%	7.83%	4.74%
Tax Burden Percent	42.25%	49.51%	75.50%	82.26%
Interest Burden Percent	72.20%	86.19%	99.14%	87.32%
Effective Tax Rate	57.75%	50.49%	24.50%	17.74%
Return on Invested Capital (ROIC)	5.25%	7.24%	43.93%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.31%	22.18%	35.97%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-0.68%	-1.46%	-12.04%	0.00%
Return on Equity (ROE)	4.57%	5.78%	31.89%	0.00%
Cash Return on Invested Capital (CROIC)	16.65%	-60.20%	-156.07%	0.00%
Operating Return on Assets (OROA)	6.63%	5.89%	8.59%	0.00%
Return on Assets (ROA)	2.02%	2.51%	6.43%	0.00%
Return on Common Equity (ROCE)	4.57%	5.78%	31.89%	0.00%
Return on Equity Simple (ROE_SIMPLE)	5.02%	5.41%	15.95%	0.00%
Net Operating Profit after Tax (NOPAT)	109	119	240	143
NOPAT Margin	3.22%	3.41%	7.17%	4.44%
Net Nonoperating Expense Percent (NNEP)	8.56%	-14.94%	7.96%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	4.27%	4.44%	14.39%	-
Cost of Revenue to Revenue	77.78%	79.31%	78.46%	79.05%
SG&A Expenses to Revenue	12.99%	11.80%	12.16%	14.25%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	14.60%	13.80%	12.04%	15.56%
Earnings before Interest and Taxes (EBIT)	259	239	350	213
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	259	239	350	213
Valuation Ratios	-	-	-	-
Price to Book Value (P/BV)	1.29	0.73	0.00	0.00
Price to Tangible Book Value (P/TBV)	2.78	1.42	0.00	0.00
Price to Revenue (P/Rev)	0.60	0.39	0.00	0.00
Price to Earnings (P/E)	25.64	13.55	0.00	0.00
Dividend Yield	2.08%	1.69%	0.00%	0.00%
Earnings Yield	3.90%	7.38%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.23	0.77	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.71	0.49	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	9.34	7.11	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	9.34	7.11	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	22.11	14.25	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	7.85	6.80	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	6.96	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-
Debt to Equity	0.63	0.42	0.02	0.00
Long-Term Debt to Equity	0.61	0.38	0.02	0.00
Financial Leverage	0.21	-0.07	-0.33	0.00
Leverage Ratio	2.26	2.30	2.48	0.00
Compound Leverage Factor	1.63	1.98	2.46	0.00
Debt to Total Capital	38.56%	29.72%	1.56%	0.00%
Short-Term Debt to Total Capital	0.98%	3.31%	0.00%	0.00%
Long-Term Debt to Total Capital	37.59%	26.41%	1.56%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	61.44%	70.28%	98.44%	0.00%
Debt to EBITDA	3.81	3.34	0.07	0.00
Net Debt to EBITDA	1.52	1.33	-1.57	0.00
Long-Term Debt to EBITDA	3.72	2.97	0.07	0.00
Debt to NOPAT	9.03	6.69	0.11	0.00
Net Debt to NOPAT	3.59	2.66	-2.29	0.00
Long-Term Debt to NOPAT	8.80	5.94	0.11	0.00
Altman Z-Score	1.98	1.68	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-
Current Ratio	1.90	1.68	1.40	0.00
Quick Ratio	1.34	1.20	0.98	0.00
Cash Flow Metrics	-	-	-	-
Free Cash Flow to Firm (FCFF)	347	-993	-853	0.00
Operating Cash Flow to CapEx	299.03%	168.92%	288.57%	105.00%
Free Cash Flow to Firm to Interest Expense	3.51	-17.73	-42.64	0.00
Operating Cash Flow to Interest Expense	3.11	4.46	15.15	4.20
Operating Cash Flow Less CapEx to Interest Expense	2.07	1.82	9.90	0.20
Efficiency Ratios	-	-	-	-
Asset Turnover	0.87	0.86	0.82	0.00
Accounts Receivable Turnover	3.71	3.67	3.76	0.00
Inventory Turnover	5.69	5.87	5.72	0.00
Fixed Asset Turnover	3.86	0.00	0.00	0.00
Accounts Payable Turnover	4.56	4.19	3.83	0.00
Days Sales Outstanding (DSO)	98.36	99.49	97.14	0.00
Days Inventory Outstanding (DIO)	64.19	62.19	63.77	0.00
Days Payable Outstanding (DPO)	80.05	87.11	95.31	0.00
Cash Conversion Cycle (CCC)	82.50	74.57	65.60	0.00
Capital & Investment Metrics	-	-	-	-
Invested Capital	1,967	2,205	1,093	0.00
Invested Capital Turnover	1.63	2.12	6.13	0.00
Increase / (Decrease) in Invested Capital	-238	1,112	1,093	0.00
Enterprise Value (EV)	2,419	1,700	0.00	0.00
Market Capitalization	2,026	1,382	0.00	0.00
Book Value per Share	$37.42	$40.42	$34.96	$0.00
Tangible Book Value per Share	$17.33	$20.80	$15.34	$0.00
Total Capital	2,562	2,685	1,669	0.00
Total Debt	988	798	26	0.00
Total Long-Term Debt	963	709	26	0.00
Net Debt	393	318	-550	0.00
Capital Expenditures (CapEx)	103	148	105	140
Debt-free, Cash-free Net Working Capital (DFCFNWC)	413	503	220	0.00
Debt-free Net Working Capital (DFNWC)	897	868	471	0.00
Net Working Capital (NWC)	872	779	471	0.00
Net Nonoperating Expense (NNE)	30	17	-22	-9.87
Net Nonoperating Obligations (NNO)	393	318	-550	0.00
Total Depreciation and Amortization (D&A)	0.00	0.00	0.00	0.00
Debt-free, Cash-free Net Working Capital to Revenue	12.14%	14.37%	6.57%	0.00%
Debt-free Net Working Capital to Revenue	26.36%	24.80%	14.07%	0.00%
Net Working Capital to Revenue	25.62%	22.26%	14.07%	0.00%
Earnings Adjustments	-	-	-	-
Adjusted Basic Earnings per Share	$1.80	$2.17	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	44M	46.90M	0.00	0.00
Adjusted Diluted Earnings per Share	$1.76	$2.17	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	44.80M	47M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	40.81M	46.16M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	181	169	240	188
Normalized NOPAT Margin	5.33%	4.82%	7.17%	5.84%
Pre Tax Income Margin	5.50%	5.89%	10.36%	5.76%
Debt Service Ratios	-	-	-	-
EBIT to Interest Expense	2.62	4.27	17.50	6.09
NOPAT to Interest Expense	1.11	2.13	12.01	4.09
EBIT Less CapEx to Interest Expense	1.58	1.63	12.25	2.09
NOPAT Less CapEx to Interest Expense	0.06	-0.51	6.76	0.09
Payout Ratios	-	-	-	-
Dividend Payout Ratio	55.70%	22.55%	1.15%	0.00%
Augmented Payout Ratio	55.70%	22.55%	1.15%	0.00%

This table displays calculated financial ratios and metrics derived from PHINIA's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-7.76%	-5.56%	-6.36%	-2.14%	3.35%	0.00%	4.31%	11.43%	0.00%	0.00%
EBITDA Growth	-14.08%	-37.04%	43.48%	10.00%	13.13%	0.00%	-71.60%	75.44%	0.00%	0.00%
EBIT Growth	-14.08%	-37.04%	43.48%	22.81%	22.41%	0.00%	-61.34%	0.00%	0.00%	0.00%
NOPAT Growth	-12.31%	-85.57%	2,617.64%	-23.24%	5.05%	0.00%	-101.88%	-5.92%	0.00%	0.00%
Net Income Growth	-10.34%	-84.85%	3,200.00%	-60.00%	-17.14%	0.00%	-101.12%	-14.63%	0.00%	0.00%
EPS Growth	1.61%	-81.43%	3,600.00%	-58.11%	-17.33%	0.00%	-101.06%	0.00%	0.00%	0.00%
Operating Cash Flow Growth	29.03%	17.74%	-38.71%	65.15%	193.94%	-65.75%	244.44%	0.00%	0.00%	0.00%
Free Cash Flow Firm Growth	109.25%	0.00%	106.58%	111.33%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Growth	-7.63%	-10.79%	-4.83%	-10.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Revenue Q/Q Growth	-4.44%	-0.72%	-3.34%	0.58%	-2.15%	-1.56%	1.01%	6.23%	0.00%	7.91%
EBITDA Q/Q Growth	19.61%	-22.73%	-40.00%	-1.79%	62.32%	76.09%	-54.00%	1.01%	0.00%	184.21%
EBIT Q/Q Growth	19.61%	-22.73%	-5.71%	-1.41%	2.90%	76.09%	-19.30%	-1.72%	0.00%	108.77%
NOPAT Q/Q Growth	418.37%	-83.89%	43.70%	-26.93%	26.87%	2,911.71%	-104.38%	0.00%	0.00%	119.45%
Net Income Q/Q Growth	420.00%	-83.87%	121.43%	-51.72%	38.10%	3,400.00%	-102.86%	0.00%	0.00%	117.07%
EPS Q/Q Growth	384.62%	-81.43%	125.81%	-50.00%	40.91%	3,600.00%	-102.70%	-1.33%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	-45.21%	-23.16%	-12.84%	251.61%	-50.00%	-60.00%	134.85%	300.00%	-118.23%	0.00%
Free Cash Flow Firm Q/Q Growth	-18.01%	68.89%	-44.99%	112.15%	0.00%	100.00%	5.32%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	3.36%	-5.84%	-1.42%	-3.73%	-0.18%	0.46%	-6.79%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	21.61%	22.69%	22.29%	21.66%	22.25%	21.09%	19.75%	21.31%	20.60%	23.40%
EBITDA Margin	7.66%	6.12%	7.87%	12.67%	12.98%	9.18%	5.13%	11.27%	11.86%	18.86%
Operating Margin	7.79%	6.12%	7.87%	8.18%	8.23%	9.18%	5.13%	6.31%	6.95%	12.92%
EBIT Margin	7.66%	6.12%	7.87%	8.06%	8.23%	9.18%	5.13%	6.43%	6.95%	13.85%
Profit (Net Income) Margin	3.27%	0.60%	3.69%	1.61%	3.36%	3.74%	-0.11%	3.95%	4.19%	10.36%
Tax Burden Percent	52.00%	12.20%	58.49%	37.84%	51.79%	53.23%	-3.33%	62.50%	60.34%	73.55%
Interest Burden Percent	81.97%	80.39%	80.30%	52.86%	78.87%	76.54%	65.22%	98.25%	100.00%	101.68%
Effective Tax Rate	48.00%	87.80%	41.51%	62.16%	48.21%	46.77%	103.33%	37.50%	39.66%	26.45%
Return on Invested Capital (ROIC)	6.38%	1.22%	7.42%	4.85%	13.66%	7.76%	0.00%	0.00%	0.00%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	4.91%	0.88%	5.20%	1.35%	9.23%	4.58%	0.00%	0.00%	0.00%	0.00%
Return on Net Nonoperating Assets (RNNOA)	1.23%	0.18%	1.00%	0.27%	1.75%	0.77%	0.00%	0.00%	0.00%	0.00%
Return on Equity (ROE)	7.61%	1.40%	8.41%	5.12%	15.41%	8.53%	0.00%	0.00%	0.00%	0.00%
Cash Return on Invested Capital (CROIC)	12.89%	16.65%	0.00%	0.00%	0.00%	-45.02%	0.00%	0.00%	0.00%	0.00%
Operating Return on Assets (OROA)	6.62%	5.34%	6.61%	7.31%	7.30%	7.92%	0.00%	0.00%	0.00%	0.00%
Return on Assets (ROA)	2.82%	0.52%	3.11%	1.46%	2.98%	3.23%	0.00%	0.00%	0.00%	0.00%
Return on Common Equity (ROCE)	7.61%	1.40%	8.41%	5.12%	15.41%	8.53%	0.00%	0.00%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	4.94%	0.00%	6.28%	4.29%	5.19%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	32	6.22	39	27	37	43	-1.53	35	35	82
NOPAT Margin	4.05%	0.75%	4.60%	3.10%	4.26%	4.89%	-0.17%	3.95%	4.19%	9.50%
Net Nonoperating Expense Percent (NNEP)	1.47%	0.34%	2.21%	3.50%	4.43%	3.18%	-0.35%	0.00%	0.00%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	1.28%	0.24%	-	-	-	1.61%	-	-	-	-
Cost of Revenue to Revenue	78.39%	77.31%	77.71%	78.34%	77.75%	78.91%	80.25%	78.69%	79.40%	76.60%
SG&A Expenses to Revenue	13.44%	14.17%	12.87%	12.90%	12.05%	12.13%	11.61%	11.61%	11.86%	11.64%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	13.82%	16.57%	14.42%	13.48%	14.02%	11.90%	14.62%	14.99%	13.65%	10.48%
Earnings before Interest and Taxes (EBIT)	61	51	66	70	71	81	46	57	58	119
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	61	51	66	110	112	81	46	100	99	162
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.13	1.29	1.18	1.02	0.96	0.73	0.65	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	2.56	2.78	2.48	2.05	1.86	1.42	1.23	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.52	0.60	0.58	0.51	0.50	0.39	0.00	0.00	0.00	0.00
Price to Earnings (P/E)	22.79	25.64	18.79	23.85	18.48	13.55	0.00	0.00	0.00	0.00
Dividend Yield	2.40%	2.08%	2.72%	2.55%	1.97%	1.69%	0.96%	0.00%	0.00%	0.00%
Earnings Yield	4.39%	3.90%	5.32%	4.19%	5.41%	7.38%	0.00%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.10	1.23	1.15	1.02	0.97	0.77	0.70	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.67	0.71	0.69	0.62	0.60	0.49	0.00	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	8.95	9.34	8.29	8.03	8.37	7.11	0.00	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	8.95	9.34	8.29	8.03	8.37	7.11	0.00	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	21.22	22.11	16.11	19.81	17.78	14.25	0.00	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	7.03	7.85	8.07	6.05	6.77	6.80	4.14	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	8.16	6.96	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.64	0.63	0.58	0.48	0.43	0.42	0.42	0.34	0.00	0.00
Long-Term Debt to Equity	0.63	0.61	0.58	0.47	0.38	0.38	0.38	0.34	0.00	0.00
Financial Leverage	0.25	0.21	0.19	0.20	0.19	0.17	0.16	0.18	0.00	0.00
Leverage Ratio	2.28	2.26	2.28	2.07	2.15	2.30	2.22	1.94	0.00	0.00
Compound Leverage Factor	1.87	1.81	1.83	1.09	1.70	1.76	1.44	1.91	0.00	0.00
Debt to Total Capital	39.15%	38.56%	36.68%	32.31%	30.08%	29.72%	29.72%	25.11%	0.00%	0.00%
Short-Term Debt to Total Capital	0.99%	0.98%	0.00%	0.50%	3.40%	3.31%	3.23%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	38.16%	37.59%	36.68%	31.81%	26.68%	26.41%	26.49%	25.11%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	60.85%	61.44%	63.32%	67.69%	69.92%	70.28%	70.28%	74.89%	0.00%	0.00%
Debt to EBITDA	3.97	3.81	3.42	3.10	3.13	3.34	0.00	0.00	0.00	0.00
Net Debt to EBITDA	1.99	1.52	1.33	1.38	1.38	1.33	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	3.87	3.72	3.42	3.05	2.78	2.97	0.00	0.00	0.00	0.00
Debt to NOPAT	9.42	9.03	6.64	7.65	6.66	6.69	0.00	0.00	0.00	0.00
Net Debt to NOPAT	4.73	3.59	2.59	3.41	2.94	2.66	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	9.18	8.80	6.64	7.53	5.91	5.94	0.00	0.00	0.00	0.00
Altman Z-Score	1.70	1.80	1.73	1.75	1.70	1.55	0.00	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.85	1.90	1.93	1.85	1.71	1.68	1.61	1.76	0.00	0.00
Quick Ratio	1.25	1.34	1.37	1.30	1.20	1.20	0.89	0.94	0.00	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	200	244	145	263	-2,164	0.00	-2,197	-2,320	0.00	0.00
Operating Cash Flow to CapEx	114.29%	365.00%	395.83%	641.18%	73.81%	187.88%	418.92%	165.00%	-86.84%	195.65%
Free Cash Flow to Firm to Interest Expense	10.54	13.57	7.23	6.74	-98.37	0.00	-99.84	-386.67	0.00	0.00
Operating Cash Flow to Interest Expense	2.11	4.06	4.75	2.79	1.41	2.82	7.05	11.00	-5.50	9.00
Operating Cash Flow Less CapEx to Interest Expense	0.26	2.94	3.55	2.36	-0.50	1.32	5.36	4.33	-11.83	4.40
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.86	0.87	0.84	0.91	0.89	0.86	0.00	0.00	0.00	0.00
Accounts Receivable Turnover	3.59	3.71	3.30	3.78	3.45	3.67	0.00	0.00	0.00	0.00
Inventory Turnover	5.37	5.69	5.32	5.59	5.69	5.87	0.00	0.00	0.00	0.00
Fixed Asset Turnover	3.85	3.86	3.90	0.00	3.97	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	4.49	4.56	3.84	4.81	4.55	4.19	0.00	0.00	0.00	0.00
Days Sales Outstanding (DSO)	101.70	98.36	110.76	96.48	105.84	99.49	0.00	0.00	0.00	0.00
Days Inventory Outstanding (DIO)	67.95	64.19	68.63	65.25	64.11	62.19	0.00	0.00	0.00	0.00
Days Payable Outstanding (DPO)	81.28	80.05	95.00	75.81	80.24	87.11	0.00	0.00	0.00	0.00
Cash Conversion Cycle (CCC)	88.36	82.50	84.39	85.92	89.71	74.57	0.00	0.00	0.00	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	2,033	1,967	2,089	2,119	2,201	2,205	2,195	2,355	0.00	0.00
Invested Capital Turnover	1.58	1.63	1.61	1.57	3.21	1.59	0.00	0.00	0.00	0.00
Increase / (Decrease) in Invested Capital	-168	-238	-106	-236	2,201	0.00	2,195	2,355	0.00	0.00
Enterprise Value (EV)	2,228	2,419	2,395	2,160	2,125	1,700	1,528	0.00	0.00	0.00
Market Capitalization	1,732	2,026	2,010	1,788	1,774	1,382	1,225	0.00	0.00	0.00
Book Value per Share	$37.66	$37.42	$39.01	$38.24	$40.13	$40.42	$40.24	$42.38	$0.00	$0.00
Tangible Book Value per Share	$16.59	$17.33	$18.57	$19.07	$20.74	$20.80	$21.16	$23.00	$0.00	$0.00
Total Capital	2,526	2,562	2,691	2,581	2,646	2,685	2,692	2,660	0.00	0.00
Total Debt	989	988	987	834	796	798	800	668	0.00	0.00
Total Long-Term Debt	964	963	987	821	706	709	713	668	0.00	0.00
Net Debt	496	393	385	372	351	318	303	363	0.00	0.00
Capital Expenditures (CapEx)	35	20	24	17	42	33	37	40	38	23
Debt-free, Cash-free Net Working Capital (DFCFNWC)	476	413	477	527	560	503	523	510	0.00	0.00
Debt-free Net Working Capital (DFNWC)	849	897	954	866	885	868	890	723	0.00	0.00
Net Working Capital (NWC)	824	872	954	853	795	779	803	723	0.00	0.00
Net Nonoperating Expense (NNE)	6.24	1.22	7.60	13	7.77	10	-0.53	0.00	0.00	-7.36
Net Nonoperating Obligations (NNO)	496	393	385	372	351	318	303	363	0.00	0.00
Total Depreciation and Amortization (D&A)	0.00	0.00	0.00	40	41	0.00	0.00	43	41	43
Debt-free, Cash-free Net Working Capital to Revenue	14.27%	12.14%	13.82%	15.02%	15.87%	14.37%	0.00%	0.00%	0.00%	0.00%
Debt-free Net Working Capital to Revenue	25.45%	26.36%	27.64%	24.68%	25.09%	24.80%	0.00%	0.00%	0.00%	0.00%
Net Working Capital to Revenue	24.70%	25.62%	27.64%	24.31%	22.53%	22.26%	0.00%	0.00%	0.00%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.64	$0.14	$0.72	$0.31	$0.63	$0.70	$0.24	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	40.70M	44M	43.10M	44.80M	46.10M	46.90M	47M	47.01M	0.00	0.00
Adjusted Diluted Earnings per Share	$0.63	$0.13	$0.70	$0.31	$0.62	$0.70	$0.24	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	41.50M	44.80M	44.10M	45.70M	46.50M	47M	47.10M	47.01M	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	39.80M	40.81M	42.06M	43.68M	45.68M	46.16M	46.69M	47.01M	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	32	36	39	50	37	43	32	35	35	82
Normalized NOPAT Margin	4.05%	4.29%	4.60%	5.73%	4.26%	4.89%	3.59%	3.95%	4.19%	9.50%
Pre Tax Income Margin	6.28%	4.92%	6.32%	4.26%	6.49%	7.03%	3.35%	6.31%	6.95%	14.09%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.21	2.83	3.30	1.79	3.23	3.68	2.09	9.50	9.67	23.80
NOPAT to Interest Expense	1.70	0.35	1.93	0.69	1.67	1.96	-0.07	5.83	5.83	16.33
EBIT Less CapEx to Interest Expense	1.37	1.72	2.10	1.36	1.32	2.18	0.41	2.83	3.33	19.20
NOPAT Less CapEx to Interest Expense	-0.15	-0.77	0.73	0.25	-0.24	0.46	-1.75	-0.83	-0.50	11.73
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	56.58%	55.70%	41.12%	61.33%	36.46%	22.55%	0.00%	0.00%	0.00%	0.00%
Augmented Payout Ratio	56.58%	55.70%	41.12%	61.33%	36.46%	22.55%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions About PHINIA's Financials

When does PHINIA's financial year end?

According to the most recent income statement we have on file, PHINIA's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has PHINIA's net income changed over the last 3 years?

PHINIA's net income appears to be on a downward trend, with a most recent value of $79 million in 2024, falling from $153 million in 2021. The previous period was $102 million in 2023. Find out what analysts predict for PHINIA in the coming months.

What is PHINIA's operating income?

PHINIA's total operating income in 2024 was $259 million, based on the following breakdown:

Total Gross Profit: $756 million
Total Operating Expenses: $497 million

How has PHINIA revenue changed over the last 3 years?

Over the last 3 years, PHINIA's total revenue changed from $3.23 billion in 2021 to $3.40 billion in 2024, a change of 5.5%.

How much debt does PHINIA have?

PHINIA's total liabilities were at $2.19 billion at the end of 2024, a 1.9% increase from 2023, and a 9.7% decrease since 2022.

How much cash does PHINIA have?

In the past 2 years, PHINIA's cash and equivalents has ranged from $251 million in 2022 to $484 million in 2024, and is currently $484 million as of their latest financial filing in 2024.

How has PHINIA's book value per share changed over the last 3 years?

Over the last 3 years, PHINIA's book value per share changed from 0.00 in 2021 to 37.42 in 2024, a change of 3,742.4%.

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This page (NYSE:PHIN) was last updated on 5/25/2025 by MarketBeat.com Staff

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PHINIA (PHIN) Financials

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PHINIA (PHIN) Financials

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