PHINIA INC.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Net sales $3.2b
$3.3b +3.75%
$3.5b +4.54%
$3.4b -2.77%
$3.5b +2.35%
$3.6b +3.79%
Cost of sales $2.6b
$2.6b +2.98%
$2.8b +5.67%
$2.6b -4.65%
$2.7b +2.80%
$2.8b +3.56%
Gross profit $676.0m
$721.0m +6.66%
$724.0m +0.42%
$756.0m +4.42%
$762.0m +0.79%
$797.0m +4.59%
Selling, general and administrative expenses $460.0m $407.0m $413.0m $442.0m $445.0m $463.0m
Restructuring expense $55.0m $11.0m $12.0m $14.0m $17.0m
Operating income $174.0m
$318.0m +82.76%
$241.0m -24.21%
$259.0m +7.47%
$254.0m -1.93%
$332.0m +30.71%
Interest expense $35.0m $20.0m $56.0m $99.0m $81.0m $82.0m
Interest income ($1.0m) ($6.0m) ($13.0m) ($16.0m) ($14.0m) $10.0m
Earnings before income taxes $186.0m $347.0m $206.0m $187.0m $198.0m
Provision for income taxes $33.0m $85.0m $104.0m $108.0m $68.0m
Net earnings $152.0m
$262.0m +72.37%
$102.0m -61.07%
$79.0m -22.55%
$130.0m +64.56%
$135.0m +3.85%
Earnings per share — basic (in dollar per share) $3.23 $5.57 $2.17 $1.80 $3.31 $3.57
Earnings per share — diluted (in dollar per share) $3.23 $5.57 $2.17 $1.76 $3.24 $3.49
Basic (in shares) $47.0m $47.0m $46.9m $44.0m $39.3m $38.0m
Diluted (in shares) $47.0m $47.0m $47.0m $44.8m $40.1m $38.9m
Other operating expense, net ($13.0m) ($15.0m) $58.0m $55.0m $46.0m
Equity in affiliates’ earnings, net of tax ($7.0m) ($11.0m) ($10.0m) ($11.0m) ($15.0m)
Other postretirement expense ($39.0m) ($32.0m) $2.0m $0 $4.0m

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.