0001968915-26-000023
SEC filingPHINIA Inc. reported net sales of $3.48 billion for fiscal year 2025, generating net earnings of $130 million. The company achieved a gross profit of $762 million and operating income of $254 million. Key profitability metrics include a gross margin of 21.9% and an operating margin of 7.3%. The balance sheet shows total assets of $3.82 billion with total liabilities of $2.23 billion and total equity of $1.59 billion. Cash flow from operations was $312 million, while investing activities used $132 million primarily for capital expenditures of $124 million and business acquisitions of $9 million. Financing activities used $310 million, including $202 million for treasury stock purchases and $42 million in dividends paid. The company ended the year with $251 million in cash and cash equivalents, a decrease of $125 million from the prior year.
PHINIA Inc. reported fiscal year 2025 results with net sales of $3.48 billion, cost of sales of $2.72 billion, and gross profit of $762 million. Operating income was $254 million after selling, general and administrative expenses of $445 million, restructuring expense of $17 million, and other operating expense of -$46 million. Net earnings totaled $130 million with earnings per share of $3.00 for both basic and diluted calculations. The company's weighted average shares outstanding were 39.3 million basic and 40.1 million diluted. Equity in affiliates' earnings contributed $15 million, while interest expense was $81 million and interest income was $14 million.
The filing does not provide segment breakdown or geographic mix data for revenue analysis. The consolidated net sales figure of $3.48 billion represents the company's total revenue from all operations. No specific growth drivers, product line details, or customer concentration information is disclosed in the provided financial data. The absence of segment reporting suggests the company may operate as a single reporting segment or that segment data was not included in this excerpt of the filing.
PHINIA achieved a gross margin of 21.9% ($762 million gross profit on $3.48 billion revenue) and an operating margin of 7.3% ($254 million operating income on $3.48 billion revenue). The cost structure shows selling, general and administrative expenses of $445 million (12.8% of revenue) and restructuring expenses of $17 million. Other operating expense showed a net benefit of $46 million. The company's effective tax rate was approximately 34.3% ($68 million provision on $198 million earnings before taxes).
Operating activities generated $312 million in cash flow. Investing activities used $132 million, primarily for capital expenditures of $124 million and business acquisitions of $9 million. Financing activities used $310 million, including $202 million for treasury stock purchases, $42 million in dividends, and $56 million in debt repayments. The company ended with $251 million in cash and cash equivalents. Total debt stands at $970 million ($3 million short-term + $967 million long-term). Current ratio is approximately 1.86 ($1.76 billion current assets / $947 million current liabilities).
The provided financial data does not include management guidance, strategic priorities, or specific risk factors. The filing excerpt focuses solely on historical financial results without forward-looking statements. No information is provided about market conditions, competitive landscape, regulatory environment, or strategic initiatives that might affect future performance. Investors would need to review the complete 10-K filing for management discussion and analysis of future prospects.