PHIN: Phinia Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Phinia Inc (PHIN).
$2.03B Market Cap.
PHIN Market Cap. (MRY)
PHIN Shares Outstanding (MRY)
PHIN Assets (MRY)
Total Assets
$3.77B
Total Liabilities
$2.19B
Total Investments
$111.00M
PHIN Income (MRY)
Revenue
$3.40B
Net Income
$79.00M
Operating Expense
$497.00M
PHIN Cash Flow (MRY)
CF Operations
$308.00M
CF Investing
-$101.00M
CF Financing
-$96.00M
PHIN Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $3,768,000,000 (-6.76%) | $4,041,000,000 (-0.81%) | $4,074,000,000 (-2.58%) | $4,182,000,000 |
Assets Current | $1,841,000,000 (-4.46%) | $1,927,000,000 (17.43%) | $1,641,000,000 (1.05%) | $1,624,000,000 |
Assets Non-Current | $1,927,000,000 (-8.85%) | $2,114,000,000 (-13.11%) | $2,433,000,000 (-4.89%) | $2,558,000,000 |
Goodwill & Intangible Assets | $845,000,000 (-7.75%) | $916,000,000 (-0.65%) | $922,000,000 (-4.55%) | $966,000,000 |
Shareholders Equity | $1,574,000,000 (-16.59%) | $1,887,000,000 (14.85%) | $1,643,000,000 (-3.86%) | $1,709,000,000 |
Property Plant & Equipment Net | $843,000,000 (-8.47%) | $921,000,000 (-0.11%) | $922,000,000 (-6.87%) | $990,000,000 |
Cash & Equivalents | $484,000,000 (32.60%) | $365,000,000 (45.42%) | $251,000,000 (-3.09%) | $259,000,000 |
Accumulated Other Comprehensive Income | -$217,000,000 (-65.65%) | -$131,000,000 (-48.86%) | -$88,000,000 (-241.94%) | $62,000,000 |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Investments | $111,000,000 (-3.48%) | $115,000,000 (-64.62%) | $325,000,000 (231.63%) | $98,000,000 |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Investments Non-Current | $111,000,000 (-3.48%) | $115,000,000 (-64.62%) | $325,000,000 (231.63%) | $98,000,000 |
Inventory | $444,000,000 (-8.83%) | $487,000,000 (6.10%) | $459,000,000 (10.07%) | $417,000,000 |
Trade & Non-Trade Receivables | $817,000,000 (-19.67%) | $1,017,000,000 (14.14%) | $891,000,000 (32.00%) | $675,000,000 |
Trade & Non-Trade Payables | $522,000,000 (-18.31%) | $639,000,000 (-6.85%) | $686,000,000 (50.77%) | $455,000,000 |
Accumulated Retained Earnings (Deficit) | $44,000,000 (388.89%) | $9,000,000 (0%) | $0 | - |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 |
Total Debt | $988,000,000 (23.81%) | $798,000,000 (2969.23%) | $26,000,000 (-97.44%) | $1,014,000,000 |
Debt Current | $25,000,000 (-71.91%) | $89,000,000 (0%) | $0 (0%) | $0 |
Debt Non-Current | $963,000,000 (35.83%) | $709,000,000 (2626.92%) | $26,000,000 (-97.44%) | $1,014,000,000 |
Total Liabilities | $2,194,000,000 (1.86%) | $2,154,000,000 (-11.39%) | $2,431,000,000 (-1.58%) | $2,470,000,000 |
Liabilities Current | $969,000,000 (-15.59%) | $1,148,000,000 (-1.88%) | $1,170,000,000 (-0.34%) | $1,174,000,000 |
Liabilities Non-Current | $1,225,000,000 (21.77%) | $1,006,000,000 (-20.22%) | $1,261,000,000 (-2.70%) | $1,296,000,000 |
PHIN Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $3,403,000,000 (-2.77%) | $3,500,000,000 (4.54%) | $3,348,000,000 (3.75%) | $3,227,000,000 (212.09%) |
Cost of Revenue | $2,647,000,000 (-4.65%) | $2,776,000,000 (5.67%) | $2,627,000,000 (2.98%) | $2,551,000,000 (196.97%) |
Selling General & Administrative Expense | $442,000,000 (7.02%) | $413,000,000 (1.47%) | $407,000,000 (-11.52%) | $460,000,000 (212.93%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $497,000,000 (2.90%) | $483,000,000 (19.85%) | $403,000,000 (-19.72%) | $502,000,000 (87.31%) |
Interest Expense | $99,000,000 (76.79%) | $56,000,000 (180.00%) | $20,000,000 (-42.86%) | $35,000,000 (118.75%) |
Income Tax Expense | $108,000,000 (3.85%) | $104,000,000 (22.35%) | $85,000,000 (157.58%) | $33,000,000 (73.68%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $79,000,000 (-22.55%) | $102,000,000 (-61.07%) | $262,000,000 (71.24%) | $153,000,000 (223.39%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $1,000,000 (0%) |
Net Income | $79,000,000 (-22.55%) | $102,000,000 (-61.07%) | $262,000,000 (72.37%) | $152,000,000 (222.58%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $79,000,000 (-22.55%) | $102,000,000 (-61.07%) | $262,000,000 (72.37%) | $152,000,000 (222.58%) |
Weighted Average Shares | $44,000,000 (-6.18%) | $46,900,000 (-0.21%) | $47,000,000 (0.00%) | $47,000,000 |
Weighted Average Shares Diluted | $44,800,000 (-4.68%) | $47,000,000 (0.00%) | $47,000,000 (0.00%) | $47,000,000 |
Earning Before Interest & Taxes (EBIT) | $286,000,000 (9.16%) | $262,000,000 (-28.61%) | $367,000,000 (66.82%) | $220,000,000 (347.19%) |
Gross Profit | $756,000,000 (4.42%) | $724,000,000 (0.42%) | $721,000,000 (6.66%) | $676,000,000 (286.29%) |
Operating Income | $259,000,000 (7.47%) | $241,000,000 (-24.21%) | $318,000,000 (82.76%) | $174,000,000 (287.10%) |
PHIN Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$101,000,000 (32.67%) | -$150,000,000 (-42.86%) | -$105,000,000 (25.00%) | -$140,000,000 (-137.94%) |
Net Cash Flow from Financing | -$96,000,000 (-580.00%) | $20,000,000 (110.81%) | -$185,000,000 (-320.45%) | -$44,000,000 (-2300.00%) |
Net Cash Flow from Operations | $308,000,000 (23.20%) | $250,000,000 (-17.49%) | $303,000,000 (106.12%) | $147,000,000 (251.55%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $119,000,000 (4.39%) | $114,000,000 (1525.00%) | -$8,000,000 (75.76%) | -$33,000,000 (-111.46%) |
Net Cash Flow - Business Acquisitions and Disposals | $2,000,000 (0.00%) | $2,000,000 (0.00%) | $2,000,000 (-66.67%) | $6,000,000 (-98.58%) |
Net Cash Flow - Investment Acquisitions and Disposals | -$1,000,000 (50.00%) | -$2,000,000 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$105,000,000 (30.00%) | -$150,000,000 (-40.19%) | -$107,000,000 (26.71%) | -$146,000,000 (-170.37%) |
Issuance (Repayment) of Debt Securities | $163,000,000 (123.29%) | $73,000,000 (231.82%) | $22,000,000 (142.31%) | -$52,000,000 (-205.88%) |
Issuance (Purchase) of Equity Shares | -$212,000,000 (-783.33%) | -$24,000,000 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$44,000,000 (-91.30%) | -$23,000,000 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $8,000,000 (233.33%) | -$6,000,000 (71.43%) | -$21,000,000 (-625.00%) | $4,000,000 (-71.43%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
PHIN Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 22.20% (7.25%) | 20.70% (-3.72%) | 21.50% (2.87%) | 20.90% (23.67%) |
Profit Margin | 2.30% (-20.69%) | 2.90% (-62.82%) | 7.80% (65.96%) | 4.70% (139.17%) |
EBITDA Margin | 8.40% (12.00%) | 7.50% (-31.82%) | 11.00% (61.76%) | 6.80% (361.54%) |
Return on Average Equity (ROAE) | 4.60% (-14.81%) | 5.40% (-65.38%) | 15.60% | - |
Return on Average Assets (ROAA) | 2.00% (-20.00%) | 2.50% (-60.32%) | 6.30% | - |
Return on Sales (ROS) | 8.40% (12.00%) | 7.50% (-31.82%) | 11.00% (61.76%) | 6.80% (179.07%) |
Return on Invested Capital (ROIC) | 11.40% (11.76%) | 10.20% (-36.65%) | 16.10% | - |
Dividend Yield | 2.10% (23.53%) | 1.70% | - | - |
Price to Earnings Ratio (P/E) | 26.76 (91.71%) | 13.96 | - | - |
Price to Sales Ratio (P/S) | 0.62 (53.45%) | 0.41 | - | - |
Price to Book Ratio (P/B) | 1.29 (71.83%) | 0.75 | - | - |
Debt to Equity Ratio (D/E) | 1.39 (22.17%) | 1.14 (-22.91%) | 1.48 (2.42%) | 1.45 |
Earnings Per Share (EPS) | 1.8 (-17.05%) | 2.17 (-61.04%) | 5.57 (72.45%) | 3.23 |
Sales Per Share (SPS) | 77.34 (3.64%) | 74.63 (4.76%) | 71.23 (3.75%) | 68.66 |
Free Cash Flow Per Share (FCFPS) | 4.61 (116.42%) | 2.13 (-48.87%) | 4.17 (19757.14%) | 0.02 |
Book Value Per Share (BVPS) | 35.77 (-11.09%) | 40.23 (15.10%) | 34.96 (-3.86%) | 36.36 |
Tangible Assets Book Value Per Share (TABVPS) | 66.43 (-0.30%) | 66.63 (-0.65%) | 67.06 (-1.99%) | 68.43 |
Enterprise Value Over EBIT (EV/EBIT) | 9 (28.57%) | 7 | - | - |
Enterprise Value Over EBITDA (EV/EBITDA) | 8.87 (25.77%) | 7.05 | - | - |
Asset Turnover | 0.87 (1.28%) | 0.86 (5.92%) | 0.81 | - |
Current Ratio | 1.9 (13.16%) | 1.68 (19.67%) | 1.4 (1.45%) | 1.38 |
Dividends | $1 (100.00%) | $0.5 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | $203,000,000 (103.00%) | $100,000,000 (-48.98%) | $196,000,000 (19500.00%) | $1,000,000 (100.66%) |
Enterprise Value (EV) | $2,535,943,205 (37.29%) | $1,847,098,252 | - | - |
Earnings Before Tax (EBT) | $187,000,000 (-9.22%) | $206,000,000 (-40.63%) | $347,000,000 (87.57%) | $185,000,000 (276.19%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $286,000,000 (9.16%) | $262,000,000 (-28.61%) | $367,000,000 (66.82%) | $220,000,000 (914.81%) |
Invested Capital | $2,458,000,000 (1.99%) | $2,410,000,000 (37.17%) | $1,757,000,000 (-37.18%) | $2,797,000,000 |
Working Capital | $872,000,000 (11.94%) | $779,000,000 (65.39%) | $471,000,000 (4.67%) | $450,000,000 |
Tangible Asset Value | $2,923,000,000 (-6.46%) | $3,125,000,000 (-0.86%) | $3,152,000,000 (-1.99%) | $3,216,000,000 |
Market Capitalization | $2,025,943,205 (43.27%) | $1,414,098,252 | - | - |
Average Equity | $1,718,750,000 (-9.10%) | $1,890,750,000 (12.81%) | $1,676,000,000 | - |
Average Assets | $3,910,750,000 (-4.01%) | $4,074,250,000 (-1.30%) | $4,128,000,000 | - |
Invested Capital Average | $2,499,250,000 (-2.80%) | $2,571,250,000 (12.92%) | $2,277,000,000 | - |
Shares | 42,058,194 (-9.91%) | 46,685,317 (-0.88%) | 47,100,000 | - |
