PHINIA Inc. (PHIN)
NYSE: PHIN · Real-Time Price · USD
50.66
-2.48 (-4.67%)
Feb 21, 2025, 4:00 PM EST - Market closed
PHINIA Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
| Revenue | 3,403 | 3,500 | 3,348 | 3,227 | 1,034 |
| Revenue Growth (YoY) | -2.77% | 4.54% | 3.75% | 212.09% | - |
| Cost of Revenue | 2,647 | 2,776 | 2,627 | 2,551 | 859 |
| Gross Profit | 756 | 724 | 721 | 676 | 175 |
| Selling, General & Admin | 442 | 415 | 375 | 421 | 144 |
| Other Operating Expenses | -4 | -25 | -53 | -34 | -8 |
| Operating Expenses | 438 | 390 | 322 | 387 | 136 |
| Operating Income | 318 | 334 | 399 | 289 | 39 |
| Interest Expense | -99 | -56 | -20 | -35 | -17 |
| Interest & Investment Income | 16 | 13 | 6 | 1 | 1 |
| Earnings From Equity Investments | 11 | 10 | 11 | 7 | 1 |
| EBT Excluding Unusual Items | 246 | 301 | 396 | 262 | 24 |
| Merger & Restructuring Charges | -14 | -12 | -11 | -62 | -47 |
| Impairment of Goodwill | - | - | - | - | -82 |
| Asset Writedown | -21 | - | -5 | -14 | - |
| Other Unusual Items | -24 | -83 | -33 | - | - |
| Pretax Income | 187 | 206 | 347 | 186 | -105 |
| Income Tax Expense | 108 | 104 | 85 | 33 | 19 |
| Earnings From Continuing Operations | 79 | 102 | 262 | 153 | -124 |
| Minority Interest in Earnings | - | - | - | -1 | - |
| Net Income | 79 | 102 | 262 | 152 | -124 |
| Net Income to Common | 79 | 102 | 262 | 152 | -124 |
| Net Income Growth | -22.55% | -61.07% | 72.37% | - | - |
| Shares Outstanding (Basic) | 44 | 47 | 47 | 47 | - |
| Shares Outstanding (Diluted) | 45 | 47 | 47 | 47 | - |
| Shares Change (YoY) | -4.68% | - | - | - | - |
| EPS (Basic) | 1.80 | 2.17 | 5.57 | 3.23 | - |
| EPS (Diluted) | 1.76 | 2.17 | 5.57 | 3.23 | - |
| EPS Growth | -18.89% | -61.04% | 72.45% | - | - |
| Free Cash Flow | 203 | 100 | 196 | 1 | -151 |
| Free Cash Flow Per Share | 4.53 | 2.13 | 4.17 | 0.02 | - |
| Dividend Per Share | 1.000 | 0.500 | - | - | - |
| Dividend Growth | 100.00% | - | - | - | - |
| Gross Margin | 22.22% | 20.69% | 21.54% | 20.95% | 16.92% |
| Operating Margin | 9.34% | 9.54% | 11.92% | 8.96% | 3.77% |
| Profit Margin | 2.32% | 2.91% | 7.83% | 4.71% | -11.99% |
| Free Cash Flow Margin | 5.97% | 2.86% | 5.85% | 0.03% | -14.60% |
| EBITDA | 478 | 505 | 569 | 493 | 101 |
| EBITDA Margin | 14.05% | 14.43% | 17.00% | 15.28% | 9.77% |
| D&A For EBITDA | 160 | 171 | 170 | 204 | 62 |
| EBIT | 318 | 334 | 399 | 289 | 39 |
| EBIT Margin | 9.34% | 9.54% | 11.92% | 8.96% | 3.77% |
| Effective Tax Rate | 57.75% | 50.49% | 24.50% | 17.74% | - |
Source: S&P Capital IQ. Standard template. Financial Sources.