PHINIA Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	3,483	3,403	3,500	3,348	3,227
Revenue Growth (YoY)	2.35%	-2.77%	4.54%	3.75%	212.09%
Cost of Revenue	2,721	2,647	2,776	2,627	2,551
Gross Profit	762	756	724	721	676
Selling, General & Admin	449	442	415	375	421
Other Operating Expenses	-4	-4	-25	-53	-34
Operating Expenses	445	438	390	322	387
Operating Income	317	318	334	399	289
Interest Expense	-81	-99	-56	-20	-35
Interest & Investment Income	14	16	13	6	1
Earnings From Equity Investments	15	11	10	11	7
EBT Excluding Unusual Items	265	246	301	396	262
Merger & Restructuring Charges	-26	-14	-12	-11	-62
Asset Writedown	-	-21	-	-5	-14
Other Unusual Items	-43	-31	-83	-33	-
Pretax Income	198	187	206	347	186
Income Tax Expense	68	108	104	85	33
Earnings From Continuing Operations	130	79	102	262	153
Minority Interest in Earnings	-	-	-	-	-1
Net Income	130	79	102	262	152
Net Income to Common	130	79	102	262	152
Net Income Growth	64.56%	-22.55%	-61.07%	72.37%	-
Shares Outstanding (Basic)	39	44	47	47	47
Shares Outstanding (Diluted)	40	45	47	47	47
Shares Change (YoY)	-10.49%	-4.68%	-	-	-
EPS (Basic)	3.31	1.80	2.17	5.57	3.23
EPS (Diluted)	3.24	1.76	2.17	5.57	3.23
EPS Growth	84.09%	-18.89%	-61.04%	72.45%	-
Free Cash Flow	188	203	100	196	1
Free Cash Flow Per Share	4.69	4.53	2.13	4.17	0.02
Dividend Per Share	1.080	1.000	0.500	-	-
Dividend Growth	8.00%	100.00%	-	-	-
Gross Margin	21.88%	22.22%	20.69%	21.54%	20.95%
Operating Margin	9.10%	9.35%	9.54%	11.92%	8.96%
Profit Margin	3.73%	2.32%	2.91%	7.83%	4.71%
Free Cash Flow Margin	5.40%	5.96%	2.86%	5.85%	0.03%
EBITDA	474	478	505	569	493
EBITDA Margin	13.61%	14.05%	14.43%	16.99%	15.28%
D&A For EBITDA	157	160	171	170	204
EBIT	317	318	334	399	289
EBIT Margin	9.10%	9.35%	9.54%	11.92%	8.96%
Effective Tax Rate	34.34%	57.75%	50.48%	24.50%	17.74%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.