PHIN - NYSE

PHINIA Inc.

PHIN·NYSE

$80.03

+5.0%

Consumer CyclicalAuto - Parts

PHINIA Inc. develops and manufactures gasoline and diesel fuel injection components and systems. The company also sells products and services to independent aftermarket customers and original equipment service customers with new and remanufactured products. Its product portfolio includes a range of solutions covering the fuel injection, electronics and engine management, starters and alternators, maintenance, test equipment, and vehicle diagnostics categories. The company was incorporated in 2023 and is based in Auburn Hills, Michigan.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$2.96B

EPS3.3100

P/E Ratio24.18

Earnings Date07/23/2026

3.82B

Assets

3Y-6.0%

5Y-9.0%

10Y-9.0%

2.23B

Total Liabilities

3Y-8.0%

5Y-10.0%

10Y-10.0%

1.59B

Total Equity

3Y-3.0%

5Y-7.0%

10Y-7.0%

PHINIA Inc. Funding & Solvency Profile

PHIN · NYSE

Current Assets

Cash & Cash Equivalents359.00M

Net Receivables804.00M

Inventory473.00M

Other Current Assets126.00M

Total Current Assets2 B

Non-Current Assets

Property, Plant & Equipment876.00M

Goodwill & Intangible Assets907.00M

Long-Term Investments145.00M

Other Non-Current Assets127.00M

Total Non-Current Assets1 B

Total Assets

3.82B

Financial Health Analysis

Current Ratio

1.86x

Strong liquidity. The company has adequate resources to meet short-term liabilities.

Debt-to-Equity Ratio

1.41x

Elevated leverage. Debt exceeds equity, which amplifies both gains and risks. Monitor debt servicing ability.

Working Capital

815 M

Strong working capital position provides significant operational flexibility and financial cushion.

Asset Composition

46% Current

Balanced asset mix between current and non-current assets, typical of many stable businesses.

PHINIA Inc. Balance Sheet

PHIN • NYSE

PHINIA Inc. Balance Sheet	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
ASSETS
CURRENT ASSETS
Cash and Cash Equivalents	359M	484M	365M	251M	259M
Cash & Short-Term Investments	359M	484M	365M	251M	259M
Net Receivables	804M	817M	1B	893M	902M
Accounts Receivables	614M	574M	659M	622M	683M
Other Receivables	190M	243M	359M	271M	219M
Inventory	473M	444M	487M	459M	417M
Prepaids	0.0	79M	40M	17M	22M
Other Current Assets	126M	17M	17M	21M	24M
Total Current Assets	1.8B	1.8B	1.9B	1.6B	1.6B
NON-CURRENT ASSETS
Property, Plant, and Equipment (Net)	876M	897M	984M	1B	1.1B
Goodwill	509M	471M	499M	490M	496M
Intangible Assets	398M	374M	417M	432M	470M
Goodwill & Intangible Assets	907M	845M	916M	922M	966M
Long-Term Investments	145M	111M	115M	117M	98M
Tax Assets	0.0	43M	61M	157M	180M
Other Non-Current Assets	127M	31M	38M	233M	257M
Total Non-Current Assets	2.1B	1.9B	2.1B	2.4B	2.6B
Total Assets	3.8B	3.8B	4B	4.1B	4.2B
LIABILITIES
CURRENT LIABILITIES
Total Payables	510M	557M	678M	528M	475M
Accounts Payable	510M	522M	639M	500M	455M
Other Payables	0.0	35M	39M	28M	20M
Accrued Expenses	0.0	110M	101M	97M	104M
Short Term Debt	3M	42M	106M	112M	139M
Capital Lease Obligations (Current)	19M	0.0	0.0	0.0	0.0
Tax Payables	0.0	38M	39M	28M	20M
Deferred Revenue	0.0	3M	6M	17M	26M
Other Current Liabilities	415M	257M	257M	416M	430M
Total Current Liabilities	947M	969M	1.1B	1.2B	1.2B
NON-CURRENT LIABILITIES
Long Term Debt	967M	962M	709M	947M	948M
Deferred Revenue (Non-Current)	18M	11M	7M	0.0	0.0
Deferred Tax Liabilities (Non-Current)	53M	55M	56M	46M	54M
Other Non-Current Liabilities	214M	150M	179M	199M	240M
Total Non-Current Liabilities	1.3B	1.2B	1B	1.3B	1.3B
Capital Lease Obligations	50M	40M	49M	69M	54M
Total Liabilities	2.2B	2.2B	2.1B	2.4B	2.5B
SHAREHOLDERS' EQUITY
Treasury Stock	-426M	-230M	-23M	0.0	0.0
Common Stock	1M	1M	1M	1.7B	1.6B
Additional Paid-In Capital	2B	2B	2B	0.0	0.0
Retained Earnings	132M	44M	9M	0.0	0.0
Accumulated Other Comprehensive Income/Loss	-98M	-217M	-131M	-88M	62M
Total Stockholders' Equity	1.6B	1.6B	1.9B	1.6B	1.7B
Total Equity	1.6B	1.6B	1.9B	1.6B	1.7B
Minority Interest	0.0	0.0	0.0	0.0	3M
SUMMARY
Total Liabilities & Equity	3.8B	3.8B	4B	4.1B	4.2B
Total Investments	145M	111M	115M	117M	98M
Total Debt	1B	1B	864M	1.1B	1.1B
Net Debt	661M	560M	499M	877M	882M
Shares Outstanding	38,444,591	38,444,591	38,444,591	38,444,591	38,444,591

SEC Filings

PHIN - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 28, 2026	May 22, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	April 30, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 30, 2026	April 30, 2026	2026	View Filing
DEF 14A DEF 14A 2026 N/A	April 09, 2026	May 22, 2026	2026	View Filing
8-K/A 8-K/A 2026 (Amended) N/A	February 12, 2026	February 12, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 12, 2026	February 12, 2026	2026	View Filing
10-K 10-K 2025 FY FY	February 12, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2025 N/A	November 03, 2025	October 29, 2025	2025	View Filing
10-Q 10-Q 2025 Q3 Q3	October 28, 2025	September 30, 2025	2025	View Filing
8-K 8-K 2025 N/A	October 28, 2025	October 28, 2025	2025	View Filing

Showing 1 to 10 of 44 filings

Related Guides

Blog Categories

Continue your PHIN research with focused valuation guides.

Fundamentals

Decode statement quality and operating durability.

Accounting

Interpret line items with cleaner analytical framing.

Forecasting

Translate historical performance into forward scenarios.

Reference

Use practical frameworks for statement-led valuation.

Research Paths

Pick your next lens

Snapshot

Start with context, operating signals, and key market metrics.

Value Model

Stress test fair value across bear, base, and bull assumptions.

Statements

Validate revenue quality, margins, and balance sheet durability.

Earnings Call

Read management commentary and compare it with reported outcomes.

Dividends

Check payout sustainability and long-term distribution behavior.

Analyst Expectations

Review consensus spread and where estimate risk is concentrated.