PHINIA Inc. (PHIN)

PHINIA Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	370	359	484	365	251	259
Short-Term Investments	-	-	-	-	3	3
Cash & Short-Term Investments	370	359	484	365	254	262
Cash Growth	6.63%	-25.83%	32.60%	43.70%	-3.05%	-
Accounts Receivable	674	614	565	647	613	667
Other Receivables	179	190	252	370	278	112
Receivables	853	804	817	1,017	891	902
Inventory	475	473	444	487	459	417
Prepaid Expenses	78	66	55	32	14	13
Other Current Assets	62	60	41	26	23	30
Total Current Assets	1,838	1,762	1,841	1,927	1,641	1,624
Property, Plant & Equipment	882	924	897	984	1,004	1,057
Long-Term Investments	74	65	56	52	46	42
Goodwill	509	509	471	499	490	496
Other Intangible Assets	376	398	374	417	432	470
Long-Term Deferred Tax Assets	60	61	43	61	157	180
Other Long-Term Assets	103	98	86	101	304	313
Total Assets	3,842	3,817	3,768	4,041	4,074	4,182

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	539	510	522	653	686	632
Accrued Expenses	134	160	161	141	114	85
Short-Term Debt	50	2	-	75	99	120
Current Portion of Long-Term Debt	1	-	24	14	-	-
Current Portion of Leases	19	20	18	17	18	19
Current Income Taxes Payable	27	18	35	39	28	20
Current Unearned Revenue	9	7	3	6	3	-
Other Current Liabilities	239	230	206	203	222	298
Total Current Liabilities	1,018	947	969	1,148	1,170	1,174
Long-Term Debt	964	964	962	709	26	948
Long-Term Leases	28	34	40	49	69	54
Long-Term Unearned Revenue	21	18	11	7	-	-
Pension & Post-Retirement Benefits	134	141	112	132	79	54
Long-Term Deferred Tax Liabilities	61	53	55	56	46	54
Other Long-Term Liabilities	75	73	45	53	1,041	186
Total Liabilities	2,301	2,230	2,194	2,154	2,431	2,470

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1	1	1	1	-	1,647
Additional Paid-In Capital	1,979	1,978	1,976	2,031	-	-
Retained Earnings	187	132	44	9	-	-
Treasury Stock	-522	-426	-230	-23	-	-
Comprehensive Income & Other	-104	-98	-217	-131	1,643	62
Total Common Equity	1,541	1,587	1,574	1,887	1,643	1,709
Minority Interest	-	-	-	-	-	3
Shareholders' Equity	1,541	1,587	1,574	1,887	1,643	1,712
Total Liabilities & Equity	3,842	3,817	3,768	4,041	4,074	4,182

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,062	1,020	1,044	864	212	1,141
Net Cash (Debt)	-692	-661	-560	-499	42	-879
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-17.79	-16.48	-12.50	-10.62	0.89	-18.70
Filing Date Shares Outstanding	36.64	37.92	40.81	46.16	47	47
Total Common Shares Outstanding	36.64	37.92	41.64	46.16	47	47
Working Capital	820	815	872	779	471	450
Book Value Per Share	42.06	41.86	37.80	40.88	34.96	-
Tangible Book Value	656	680	729	971	721	743
Tangible Book Value Per Share	17.90	17.93	17.51	21.03	15.34	-
Land	-	258	236	250	228	237
Machinery	-	1,194	1,066	1,073	982	939
Construction In Progress	-	93	84	79	81	86

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 23, 2026

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