PHINIA Inc. (PHIN)
NYSE: PHIN · Real-Time Price · USD
70.04
-0.88 (-1.24%)
Aug 26, 2026, 4:00 PM EDT - Market closed
PHINIA Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Net Income | 135 | 130 | 79 | 102 | 262 | 152 |
Depreciation & Amortization | 162 | 157 | 160 | 171 | 170 | 204 |
Asset Writedown & Restructuring Costs | 5 | 3 | 29 | - | 10 | 56 |
Stock-Based Compensation | 22 | 18 | 14 | 10 | 11 | 11 |
Other Operating Activities | -20 | -28 | 20 | 18 | 23 | -48 |
Change in Accounts Receivable | 70 | 69 | 149 | 79 | -103 | 16 |
Change in Inventory | 30 | 6 | 23 | -4 | -60 | -84 |
Change in Accounts Payable | -24 | -26 | -114 | -95 | 16 | -96 |
Change in Income Taxes | -17 | -21 | -9 | - | 31 | 9 |
Change in Other Net Operating Assets | -4 | 4 | -43 | -31 | -57 | -73 |
Operating Cash Flow | 359 | 312 | 308 | 250 | 303 | 147 |
Operating Cash Flow Growth | 35.47% | 1.30% | 23.20% | -17.49% | 106.12% | - |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Capital Expenditures | -109 | -124 | -105 | -150 | -107 | -146 |
Sale of Property, Plant & Equipment | - | 1 | 2 | 2 | 2 | 6 |
Cash Acquisitions | -8 | -9 | - | - | - | - |
Investment in Securities | - | - | -1 | -2 | - | - |
Other Investing Activities | - | - | 3 | - | - | - |
Investing Cash Flow | -117 | -132 | -101 | -150 | -105 | -140 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Long-Term Debt Issued | - | 1 | 975 | 819 | 140 | 126 |
Long-Term Debt Repaid | - | -56 | -797 | -732 | -118 | -178 |
Net Debt Issued (Repaid) | -7 | -55 | 178 | 87 | 22 | -52 |
Repurchase of Common Stock | -160 | -202 | -212 | -24 | - | - |
Common Dividends Paid | -43 | -42 | -44 | -23 | - | - |
Other Financing Activities | -12 | -11 | -18 | -20 | -207 | 8 |
Financing Cash Flow | -222 | -310 | -96 | 20 | -185 | -44 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | 3 | 5 | 8 | -6 | -21 | 4 |
Net Cash Flow | 23 | -125 | 119 | 114 | -8 | -33 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Free Cash Flow | 250 | 188 | 203 | 100 | 196 | 1 |
Free Cash Flow Growth | 65.56% | -7.39% | 103.00% | -48.98% | 19500.00% | - |
Free Cash Flow Margin | 6.92% | 5.40% | 5.96% | 2.86% | 5.85% | 0.03% |
Free Cash Flow Per Share | 6.43 | 4.69 | 4.53 | 2.13 | 4.17 | 0.02 |
Levered Free Cash Flow | 269.25 | 150.5 | 295.88 | 18.75 | 303.88 | - |
Unlevered Free Cash Flow | 320.5 | 201.13 | 357.75 | 53.75 | 316.38 | - |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Cash Income Tax Paid | 52 | 61 | 94 | 88 | 51 | 38 |
Change in Working Capital | 55 | 32 | 6 | -51 | -173 | -228 |