PHINIA Inc.

NYSE:PHIN Stock Report

Market Cap: US$2.9b

PHINIA Past Earnings Performance

Past criteria checks 4/6

PHINIA's earnings have been declining at an average annual rate of -21.5%, while the Auto Components industry saw earnings growing at 3.8% annually. Revenues have been growing at an average rate of 0.3% per year. PHINIA's return on equity is 9.1%, and it has net margins of 4%.

Key information

-21.52%

Earnings growth rate

-15.68%

EPS growth rate

Auto Components Industry Growth10.46%
Revenue growth rate0.33%
Return on equity9.10%
Net Margin3.96%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Apr 26

PHIN: Future Upside Will Depend On Dividend And Expanded Buyback Program

Analysts have nudged the PHINIA price target to $88, reflecting incremental adjustments to discount rate, revenue growth and profit margin assumptions, and aligning with recent Street research that cites valuation and prior stock gains as key factors. Analyst Commentary Recent Street research around PHINIA circles back to a common theme: valuation.
Narrative Update Apr 12

PHIN: Future Cash Returns Will Depend On Dividend And Expanded Buyback Program

Analysts have nudged the average price target on PHINIA slightly higher to $88, reflecting recent target increases. They also view the stock's latest rally as having brought valuation closer to their updated assumptions on discount rate, revenue growth, profit margin and future P/E.
Narrative Update Mar 27

PHIN: Future Cash Returns Will Rely On Dividend And Buyback Execution

Narrative Update The analyst price target for PHINIA has moved to $88, with analysts pointing to the recent stock rally and valuation considerations, along with fresh upward revisions from multiple research firms as the key drivers of this shift. Analyst Commentary Recent research updates on PHINIA cluster around valuation, with the current $88 price target reflecting both increased optimism earlier in the coverage cycle and a more cautious tone after the stock's latest rally.
Narrative Update Mar 12

PHIN: Future Cash Returns Will Rely On Executing Margin Expansion And Capital Returns

The analyst price target for PHINIA has shifted from an implied fair value of $85.25 to $86.75. Analysts point to recent target increases and valuation checks following the stock's rally as key drivers of this update.
Narrative Update Feb 26

PHIN: Future Cash Returns Will Depend On Delivering Margins Supporting Elevated P/E

The analyst fair value estimate for PHINIA has shifted from $78.00 to $85.25. Analysts point to updated assumptions around discount rates, profit margins and future P/E, along with a series of recent price target increases and a new bullish initiation, as key drivers of the change.
Narrative Update Feb 10

PHIN: Future Cash Returns Will Depend On Execution Supporting Elevated P/E

Analysts have nudged their price target on PHINIA higher to $78.00, supported by slightly adjusted assumptions for the discount rate and future P/E. These changes align with a more constructive view following recent bullish Street research.
Narrative Update Jan 27

PHIN: Future Cash Returns Will Rely On Elevated P/E Confidence

Analysts have raised their fair value estimate for PHINIA from US$67 to US$78, citing updated assumptions on growth, margins, and a higher future P/E ratio, supported by a recent bullish Street research initiation. Analyst Commentary Bullish Takeaways Bullish analysts view the higher fair value estimate of US$78 as better aligned with updated growth and margin assumptions, which they see as more reflective of PHINIA's current execution profile.
Narrative Update Jan 11

PHIN: Future Cash Returns And Execution Will Balance M&A And Settlement Risks

Analysts now see fair value for PHINIA at US$67.00, up from US$58.75, reflecting updated assumptions across discount rate, revenue growth, profit margin and future P/E, after recent research that included a reduced US$61 Street price target tied to lower 2026 estimates. Analyst Commentary Bullish Takeaways Bullish analysts highlight that a fair value estimate of US$67.00 still sits above the revised US$61 Street price target, which they see as leaving room for upside if the company delivers on its updated assumptions.
Narrative Update Dec 18

PHIN: Future Cash Returns And Execution Will Balance Cyclical Auto Risks

Analysts have made a modest downward revision to their PHINIA price target, trimming it by approximately $0.45 as they incorporate slightly lower long term estimates into their valuation models. Analyst Commentary Analysts view the modest price target reduction as a recalibration to updated long term forecasts rather than a signal of a material shift in the company’s underlying fundamentals.
Analysis Article Dec 11

What You Can Learn From PHINIA Inc.'s (NYSE:PHIN) P/E

PHINIA Inc.'s ( NYSE:PHIN ) price-to-earnings (or "P/E") ratio of 24.7x might make it look like a sell right now...
Seeking Alpha Dec 04

Phinia Is Starting To Look Interesting Again

Summary PHINIA's Q3 results beat expectations, with strong performance from Fuel Systems, but guidance for Q4 was slightly cautious. With many auto OEMs hedging their bets on battery EVs and also looking at hybrids and alternate fuels, PHINIA's core business may have a longer runway than believed. Management is actively diversifying into aerospace, agriculture, off-highway vehicles, and power generation, leveraging core technology for new revenue streams. I maintain a "Neutral" rating on PHIN, viewing shares as undervalued below the high-$50s but awaiting a better entry point amid sector sentiment risks. Read the full article on Seeking Alpha
Narrative Update Dec 04

PHIN: Future Execution And Capital Allocation Will Shape Shareholder Returns

Analysts have trimmed their price target on PHINIA by $3 to $61, reflecting slightly lower 2026 estimates and updated sector production assumptions, even as valuation multiples remain broadly supportive. Analyst Commentary Recent Street commentary on PHINIA reflects a balanced mix of optimism on the company’s fundamental positioning and caution around medium term execution and sector demand assumptions.
Narrative Update Nov 20

PHIN: Future Earnings Guidance And M&A Activity Will Drive Shareholder Value

Analysts have revised PHINIA's price target downward by $3 to $61, citing softer 2026 projections from the group's latest outlook. Analyst Commentary Following the recent update to PHINIA's outlook and revised price targets, analyst opinions remain mixed, with both optimism and caution reflected in their assessments.
Narrative Update Nov 04

PHIN: Share Buyback And Margin Expansion Will Drive Future Value Creation

Analysts have modestly increased their fair value estimate for PHINIA by $1.00 to $59.20. This reflects updated profit margin forecasts, which more than offset softer revenue growth expectations and a slightly higher discount rate.
Narrative Update Oct 08

Advanced Fuel Systems And Aftermarket Expansion Will Open Future Markets

Analysts have raised PHINIA's fair value estimate from $56 to $58.20 per share, citing updated industry multiples and improved production forecasts as key drivers for the upward revision. Analyst Commentary Following recent updates to industry multiples and stronger production forecasts, analysts have revised their perspectives on PHINIA's outlook.
Analysis Article Sep 16

Is PHINIA (NYSE:PHIN) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
Analysis Article Aug 01

We Think PHINIA's (NYSE:PHIN) Solid Earnings Are Understated

Investors signalled that they were pleased with PHINIA Inc.'s ( NYSE:PHIN ) most recent earnings report. According to...
Analysis Article Jun 19

Return Trends At PHINIA (NYSE:PHIN) Aren't Appealing

If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
Analysis Article May 29

Is There An Opportunity With PHINIA Inc.'s (NYSE:PHIN) 42% Undervaluation?

Key Insights The projected fair value for PHINIA is US$75.69 based on 2 Stage Free Cash Flow to Equity PHINIA's...
Analysis Article Apr 29

PHINIA Inc. Just Missed Earnings - But Analysts Have Updated Their Models

The analysts might have been a bit too bullish on PHINIA Inc. ( NYSE:PHIN ), given that the company fell short of...
Analysis Article Apr 09

PHINIA (NYSE:PHIN) Takes On Some Risk With Its Use Of Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Mar 06

PHINIA (NYSE:PHIN) Has Some Way To Go To Become A Multi-Bagger

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Feb 16

PHINIA Inc. Just Missed Earnings - But Analysts Have Updated Their Models

It's been a good week for PHINIA Inc. ( NYSE:PHIN ) shareholders, because the company has just released its latest...
Seeking Alpha Jan 01

Phinia Outpacing Its Rivals, But Weak Auto Demand Has Caught Them

Summary Phinia has done okay in a challenging 2024, as the company has been able to get some pricing despite weaker volumes in passenger and commercial vehicles. Phinia can benefit from slower EV adoption, as more stringent efficiency mandates for gasoline and diesel vehicles drives demand for its fuel injection systems, particularly higher-priced GDI systems. Despite weaker revenue, margins have held up well, and a return to some growth in FY'25 and beyond can drive mid-teens EBITDA margins and stronger FCF generation. A roughly 10% expected return over 6-12 months makes Phinia a borderline buy/"quality hold", but its core markets should be bottoming over the next six months. Read the full article on Seeking Alpha
Analysis Article Dec 22

Is PHINIA (NYSE:PHIN) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 30

Why Investors Shouldn't Be Surprised By PHINIA Inc.'s (NYSE:PHIN) 26% Share Price Surge

PHINIA Inc. ( NYSE:PHIN ) shares have had a really impressive month, gaining 26% after a shaky period beforehand. The...
Analysis Article Nov 18

PHINIA (NYSE:PHIN) Is Paying Out A Dividend Of $0.25

PHINIA Inc. ( NYSE:PHIN ) will pay a dividend of $0.25 on the 13th of December. This means that the annual payment will...
Analysis Article Nov 08

PHINIA's (NYSE:PHIN) Soft Earnings Are Actually Better Than They Appear

Shareholders appeared unconcerned with PHINIA Inc.'s ( NYSE:PHIN ) lackluster earnings report last week. Our analysis...
Analysis Article Oct 17

PHINIA's (NYSE:PHIN) Returns Have Hit A Wall

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
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New Narrative Sep 24

Green Energy Initiatives And Decisive Refinancing Propel Future Growth And Market Share Expansion

Investments in alternative fuel technologies position PHINIA for growth in green energy markets, promising significant future revenue from sustainability trends.
Analysis Article Aug 27

PHINIA (NYSE:PHIN) Takes On Some Risk With Its Use Of Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Aug 01

PHINIA Inc. Just Missed EPS By 73%: Here's What Analysts Think Will Happen Next

The analysts might have been a bit too bullish on PHINIA Inc. ( NYSE:PHIN ), given that the company fell short of...

Revenue & Expenses Breakdown

How PHINIA makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:PHIN Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 263,5651414550
31 Dec 253,4831304490
30 Sep 253,427904440
30 Jun 253,3581084460
31 Mar 253,336764460
31 Dec 243,403794420
30 Sep 243,4521074350
30 Jun 243,509754310
31 Mar 243,528964200
31 Dec 233,5001024150
30 Sep 233,4691444040
30 Jun 233,4322343920
31 Mar 233,3412403830
31 Dec 223,3482623750
31 Dec 213,2271524210
31 Dec 201,034-1241440

Quality Earnings: PHIN has a large one-off loss of $69.0M impacting its last 12 months of financial results to 31st March, 2026.

Growing Profit Margin: PHIN's current net profit margins (4%) are higher than last year (2.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: PHIN has become profitable over the past 5 years, growing earnings by -21.5% per year.

Accelerating Growth: PHIN's earnings growth over the past year (85.5%) exceeds its 5-year average (-21.5% per year).

Earnings vs Industry: PHIN earnings growth over the past year (85.5%) exceeded the Auto Components industry 7%.


Return on Equity

High ROE: PHIN's Return on Equity (9.1%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/07 04:55
End of Day Share Price 2026/05/07 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

PHINIA Inc. is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
James PicarielloBNP Paribas
Thomas SchollBNP Paribas
Federico MerendiBofA Global Research