PHINIA (PHIN) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

PHINIA

NYSE•Consumer Cyclical•Auto Parts

$61.42-0.58(-0.01%)Market closed

Market Cap

$2.29B

P/E

17.0x

P/S

0.6x

P/B

1.5x

PHINIA Inc. engages in the development, design, and manufacture of integrated components and systems. The company operates through Fuel Systems and Aftermarket segments. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules. This segment also offers complete systems comprising software and calibration services that reduce emissions and enhance fuel economy for traditional and hybrid applications. The Aftermarket segment engages in the provision of maintenance, test equipment, and vehicle diagnostics solutions; original equipment service solutions and remanufactured products; and sale of sale of starters and alternators to original equipment manufacturers. Its products are used for commercial vehicles and industrial applications, such as medium-duty and heavy-duty trucks, buses and other off-highway construction, marine, agricultural and aerospace and defense applications; light commercial vehicles comprising vans and trucks; and light passenger vehicles, including passenger cars, mini-vans, cross-overs and sport-utility vehicles. PHINIA Inc. was incorporated in 2023 and is based in Auburn Hills, Michigan.

How this company scores

GoodMetricSide Score: 76/100

Strongest: Cash & Earnings Quality (25/25); weakest: Balance Sheet & Red Flags (15/25).

Profitability16/25

Growth20/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality25/25

Strengths

Rising free cash flowRising earningsCash-backed earningsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 17.0x5y range 13.9x – 25.2x

Currently near its 10-quarter median.

P/S · 0.6x5y range 0.4x – 0.7x

Currently near its 10-quarter median.

P/B · 1.5x5y range 0.7x – 1.6x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 12.3% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $2.29B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $3.62B
Q. Revenue: $940.00M
TTM EBITDA: $414.00M
TTM Op. Income: $252.00M
Q. Op. Income: $80.00M
TTM Net Income: $135.00M
Q. Net Income: $40.00M
EPS: $1.08
Shares Out.: $37.00M

$3.62B in TTM revenue grew 7.7% YoY, reaching $940.00M last quarter. TTM EBITDA of $414.00M and TTM operating income of $252.00M show growth is flowing through to the bottom line. TTM net income of $135.00M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 5 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 23.0%
EBITDA Margin: 12.9%
Op. Margin: 8.5%
Net Margin: 4.3%

Op. margin of 8.5% is down 1.5% YoY — costs are rising relative to revenue. Net margin at 4.3% and gross margin of 23.0% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 3 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 17.0x
P/S Ratio: 0.6x
P/B Ratio: 1.5x

At 17.0x P/E, the stock trades within typical market levels. P/S of 0.6x and P/B of 1.5x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 3 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $3.84B
Cash: $370.00M
Long-Term Debt: $968.00M
Book Value: $1.54B
D/E Ratio: 0.6
Debt/EBITDA: 8.0

With $3.84B in assets and $968.00M in long-term debt, D/E is 0.6and book value is $1.54B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has risen for 4 consecutive quarters — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $91.00M
TTM Free Cash Flow: $250.00M
FCF Margin: 6.9%
FCF / Net Income: 1.9

TTM FCF of $250.00M on $91.00M in operating cash flow. The FCF / Net Income ratio of 1.9x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 4 consecutive quarters — an improving trend.