PHIN
PHINIA Inc.58.41
+0.63+1.09%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
2.27BP/E (TTM)
26.19Basic EPS (TTM)
2.23Dividend Yield
0.02%Recent Filings
8-K
Auditor switch to Deloitte
PHINIA Inc. switched auditors, dismissing PricewaterhouseCoopers LLP effective after completing 2025 financials and engaging Deloitte & Touche LLP for 2026. The move followed a competitive process, with no disagreements or audit issues noted—PwC's past reports were clean. A prior material weakness in internal controls was remediated in 2023. Smooth transition ahead.
8-K
PHINIA settles tax dispute
PHINIA Inc. settled a tax dispute with BorgWarner on October 15, 2025, agreeing to pay $78 million in installments through 2026, offset by $7 million from BorgWarner and up to $29 million in expected R&D credits by year-end 2026. This resolves claims over pre-spin-off refunds, with PHINIA booking a $39 million Q3 loss excluded from adjusted metrics. Funding leans on tax recoveries. Yet disputes linger in spin-offs.
8-K
PHINIA's Q2 sales rise, SEM acquisition
PHINIA Inc. reported Q2 2025 net sales of $890 million, up 2.5% from last year, with net earnings surging to $46 million and adjusted EBITDA hitting $126 million at 14.2% margin, fueled by pricing gains and cost savings amid tariff pressures. The company inked a $47 million deal on June 10 to buy Swedish Electromagnet Invest AB, bolstering alternative fuel tech for commercial and industrial sectors, set to close in Q3. It returned $50 million to shareholders via buybacks and dividends. Acquisition integration risks loom large.
10-Q
Q2 FY2025 results
PHINIA's Q2 revenue climbed 3% y/y to $890M, fueled by a stronger euro and pound, though YTD sales dipped 3% to $1,686M amid softer OEM demand across regions. Gross margins edged up to 22.1% from 21.7% y/y, thanks to supplier savings that offset tariff hits, lifting operating income 25% y/y to $89M and diluted EPS to $1.14 from $0.31—EPS reconciles cleanly to 40.2M diluted shares. Cash from operations fell to $97M YTD, yielding $28M free cash flow (derived), while $347M in cash bolsters liquidity alongside a $499M revolver draw. The $47M SEM acquisition, set for Q3 close, eyes $50M annual revenue from alternative fuels. Yet pricing pressures from OEMs linger.
8-K
PHINIA annual meeting results
PHINIA Inc. shareholders at the May 21, 2025 annual meeting elected eight directors, including Samuel R. Chapin and Roger J. Wood, with strong majorities exceeding 98% for votes. They approved executive compensation on an advisory basis, with 31.8 million for versus 2.4 million against. The board ratified PricewaterhouseCoopers LLP as auditors for 2025, passing overwhelmingly at 95.6%. Continuity intact.
CAAS
China Automotive Systems, Inc.
4.35-0.07
CPS
Cooper-Standard Holdings Inc.
34.89+1.68
DORM
Dorman Products, Inc.
126.72-1.20
FURCF
FORVIA SE
15.41+0.41
GPC
Genuine Parts Company
129.46-2.45
HLLY
Holley Inc.
4.15+0.01
MGA
Magna International, Inc.
52.77+0.41
MPAA
Motorcar Parts of America, Inc.
12.60-0.20
PRTS
CarParts.com, Inc.
0.39+0.00
WPRT
Westport Fuel Systems Inc
1.79-0.01