PHINIA Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	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	3,336	3,403	3,500	3,348	3,227	1,034
Revenue Growth (YoY)	-5.44%	-2.77%	4.54%	3.75%	212.09%	-
Cost of Revenue	2,593	2,647	2,776	2,627	2,551	859
Gross Profit	743	756	724	721	676	175
Selling, General & Admin	446	442	415	375	421	144
Other Operating Expenses	-10	-4	-25	-53	-34	-8
Operating Expenses	436	438	390	322	387	136
Operating Income	307	318	334	399	289	39
Interest Expense	-96	-99	-56	-20	-35	-17
Interest & Investment Income	16	16	13	6	1	1
Earnings From Equity Investments	12	11	10	11	7	1
EBT Excluding Unusual Items	239	246	301	396	262	24
Merger & Restructuring Charges	-20	-14	-12	-11	-62	-47
Impairment of Goodwill	-	-	-	-	-	-82
Asset Writedown	-21	-21	-	-5	-14	-
Other Unusual Items	-24	-31	-83	-33	-	-
Pretax Income	181	187	206	347	186	-105
Income Tax Expense	105	108	104	85	33	19
Earnings From Continuing Operations	76	79	102	262	153	-124
Minority Interest in Earnings	-	-	-	-	-1	-
Net Income	76	79	102	262	152	-124
Net Income to Common	76	79	102	262	152	-124
Net Income Growth	-20.83%	-22.55%	-61.07%	72.37%	-	-
Shares Outstanding (Basic)	43	44	47	47	47	-
Shares Outstanding (Diluted)	44	45	47	47	47	-
Shares Change (YoY)	-7.09%	-4.68%	-	-	-	-
EPS (Basic)	1.78	1.80	2.17	5.57	3.23	-
EPS (Diluted)	1.75	1.76	2.17	5.57	3.23	-
EPS Growth	-14.22%	-18.89%	-61.04%	72.45%	-	-
Free Cash Flow	220	203	100	196	1	-151
Free Cash Flow Per Share	5.05	4.53	2.13	4.17	0.02	-
Dividend Per Share	1.020	1.000	0.500	-	-	-
Dividend Growth	36.00%	100.00%	-	-	-	-
Gross Margin	22.27%	22.22%	20.69%	21.54%	20.95%	16.92%
Operating Margin	9.20%	9.35%	9.54%	11.92%	8.96%	3.77%
Profit Margin	2.28%	2.32%	2.91%	7.83%	4.71%	-11.99%
Free Cash Flow Margin	6.59%	5.96%	2.86%	5.85%	0.03%	-14.60%
EBITDA	463	478	505	569	493	101
EBITDA Margin	13.88%	14.05%	14.43%	16.99%	15.28%	9.77%
D&A For EBITDA	156	160	171	170	204	62
EBIT	307	318	334	399	289	39
EBIT Margin	9.20%	9.35%	9.54%	11.92%	8.96%	3.77%
Effective Tax Rate	58.01%	57.75%	50.48%	24.50%	17.74%	-

Updated Apr 25, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q