PHINIA Inc.

PHINIA Inc.

PHIN · NYSE · Consumer Cyclical / Auto Parts

73.37USD+0.86 (+1.19%)

Price History

Full chart

Market Stats

Previous Close72.51
Open73.47
Day Range71.88 – 73.64
52-Week Range50.49 – 86.55
Volume273.58K
Market Cap2.55B
P/E (TTM)12.76
Forward P/E9.91
EPS5.55
Dividend Yield1.91%
Beta1.10
50-Day Avg62.10
200-Day Avg71.36

About

PHINIA Inc. engages in the development, design, and manufacture of integrated components and systems. The company operates through Fuel Systems and Aftermarket segments. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules. This segment also offers complete systems comprising software and calibration services that reduce emissions and enhance fuel economy for traditional and hybrid applications. The Aftermarket segment engages in the provision of maintenance, test equipment, and vehicle diagnostics solutions; original equipment service solutions and remanufactured products; and sale of starters and alternators to original equipment manufacturers. Its products are used for commercial vehicles and industrial applications, such as medium-duty and heavy-duty trucks, buses and other off-highway construction, marine, agricultural and aerospace and defense applications; light commercial vehicles comprising vans and trucks; and light passenger vehicles, including passenger cars, mini-vans, cross-overs and sport-utility vehicles. PHINIA Inc. was incorporated in 2023 and is based in Auburn Hills, Michigan.

Company Details

  • SectorConsumer Cyclical
  • IndustryAuto Parts
  • CEOMr. Brady D. Ericson
  • Employees13.50K
  • Headquarters3000 University Drive, Auburn Hills, MI, United States, 48326, USA
  • Websitehttps://www.phinia.com

Leadership

  • Mr. Brady D. EricsonPresident, CEO & Director · b. 1972
  • Ms. Chris P. GroppSenior VP & CFO · b. 1965
  • Mr. Robert BoyleSenior VP, General Counsel & Secretary · b. 1980
  • Ms. Alisa Di BeasiSenior VP & Chief Human Resource Officer · b. 1975
  • Mr. Pedro Rui Neto de AbreuPresident of Power Systems · b. 1978
  • Ms. Samantha M. PombierVP, Controller & Chief Accounting Officer · b. 1982
  • Mr. Todd L. AndersonVP & CTO · b. 1970
  • Mr. Matthew LogarSenior VP & Chief Information Officer · b. 1976
  • Mr. Kellen Michael FerrisVice President of Investor Relations
  • Mr. Sebastian DoriVP & Chief Purchasing Officer · b. 1984

Financials

Income Statement

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.03B3.23B3.35B3.50B3.40B3.48B
Growth (%)-+212.09%+3.75%+4.54%-2.77%+2.35%
Cost of Revenue859.00M2.55B2.63B2.81B2.68B2.76B
Gross Profit175.00M675.00M722.00M692.00M726.00M727.00M
Gross Margin16.92%20.92%21.57%19.77%21.33%20.87%
Operating Expense147.00M460.00M407.00M316.00M441.00M447.00M
Operating Income28.00M215.00M315.00M376.00M285.00M280.00M
Operating Margin2.71%6.66%9.41%10.74%8.37%8.04%
EBITDA-27.00M424.00M545.00M433.00M446.00M436.00M
EBITDA Margin-2.61%13.14%16.28%12.37%13.11%12.52%
Net Income-124.00M152.00M262.00M102.00M79.00M130.00M
Net Income Margin-11.99%4.71%7.83%2.91%2.32%3.73%
R&D46.00M132.00M104.00M108.00M112.00M105.00M
R&D as % of Total Revenue4.45%4.09%3.11%3.09%3.29%3.01%
Interest Expense16.00M34.00M28.00M56.00M99.00M81.00M
Interest Expense % of Total Revenue1.55%1.05%0.84%1.60%2.91%2.33%

Balance Sheet

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-4.18B4.07B4.04B3.77B3.82B
Total Liabilities-2.47B2.43B2.15B2.19B2.23B
Total Equity-1.71B1.64B1.89B1.57B1.59B
Cash-259.00M251.00M365.00M484.00M359.00M
Total Debt-1.14B1.13B864.00M1.04B1.02B
Net Debt-882.00M877.00M499.00M560.00M661.00M

Cash Flow

Currency: USD2020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-97.00M147.00M303.00M250.00M308.00M312.00M
Investing Cash Flow369.00M-140.00M-105.00M-150.00M-101.00M-132.00M
Financing Cash Flow2.00M-44.00M-185.00M20.00M-96.00M-310.00M
Capital Expenditure54.00M146.00M107.00M150.00M105.00M124.00M
Free Cash Flow-151.00M1.00M196.00M100.00M203.00M188.00M
Dividends Paid-0023.00M44.00M42.00M
FCF to OCF155.67%0.68%64.69%40.00%65.91%60.26%
Dividend Paid to FCF-0.00%0.00%23.00%21.67%22.34%

Earnings

Report DateAug 30, 2023Nov 6, 2023Feb 21, 2024Apr 25, 2024Jul 30, 2024Oct 31, 2024Feb 19, 2025Apr 25, 2025Jul 24, 2025Oct 28, 2025Feb 12, 2026Apr 30, 2026Jul 30, 2026Oct 27, 2026Oct 29, 2026
EPS Estimate0.001.090.650.771.150.850.871.001.031.181.141.131.581.751.74
EPS Actual1.190.530.701.080.881.170.710.941.271.591.181.291.53-1.83
Surprise--51.38%8.02%40.26%-23.48%37.65%-18.55%-6.00%23.30%34.75%3.51%14.16%-3.16%-5.17%
Timing-Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-market-Pre-market

Key Statistics & Ratios

Market Cap2.55B
Enterprise Value2.96B
Trailing P/E12.76
Forward P/E9.91
Price / Sales0.70
Price / Book1.48
EPS5.55
Book Value42.41
Revenue (TTM)3.62B
Gross Profit (TTM)768.00M
EBITDA466.00M
Profit Margin5.22%
Operating Margin7.79%
Return on Equity12.15%
Return on Assets4.77%
Shares Outstanding35.96M
Shares Float35.22M
Beta1.10
Dividend Yield1.91%
Dividend Rate1.20
Payout Ratio20.07%

Analyst Ratings

Buy
Based on 5 analystsTarget 88.40
  • Strong Buy
    3
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
106.81%
Insiders
1.95%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    5.79M15.82%
  • Vanguard Portfolio Management, LLC
    2.54M6.93%
  • Dimensional Fund Advisors, Inc.
    2.36M6.44%
  • FMR Inc
    2.28M6.21%
  • American Century Companies Inc
    1.82M4.96%
  • State Street Corp
    1.60M4.38%
  • Vanguard Capital Management, LLC
    1.60M4.38%
  • LSV Asset Management
    1.41M3.85%
  • Geode Capital Management, LLC
    1.23M3.34%
  • Amvescap Plc.
    1.06M2.88%
  • The Goldman Sachs Group Inc
    878.57K2.40%
  • Victory Capital Management Inc.
    772.67K2.11%
  • T. Rowe Price Associates, Inc.
    736.72K2.01%
  • Morgan Stanley - Brokerage Accounts
    640.46K1.75%
  • Charles Schwab Investment Management Inc
    617.11K1.68%

Top Fund Holders

  • iShares Core S&P Small-Cap ETF
    2.20M6.11%
  • Avantis US Small Cap Value ETF
    1.50M4.18%
  • Vanguard MStar Total Stk Mkt Idx Invest
    1.12M3.12%
  • iShares Russell 2000 ETF
    984.29K2.74%
  • Vanguard Small Cap Index
    783.83K2.18%

Dividends

20263×
0.30Sep 4, 20260.30Jun 9, 20260.30Mar 6, 2026
20254×
0.27Nov 24, 20250.27Aug 22, 20250.27Jun 2, 20250.27Feb 28, 2025
20244×
0.25Nov 25, 20240.25Aug 23, 20240.25May 23, 20240.25Feb 23, 2024
20232×
0.25Nov 30, 20230.25Sep 11, 2023