← PHINIA INC.

Annual Trend FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Net sales $3.2b $3.3b $3.5b $3.4b $3.5b
Cost of sales $2.6b $2.6b $2.8b $2.6b $2.7b
Gross profit $676.0m $721.0m $724.0m $756.0m $762.0m
Operating income $174.0m $318.0m $241.0m $259.0m $254.0m
Equity in affiliates’ earnings, net of tax ($7.0m) ($11.0m) ($10.0m) ($11.0m) ($15.0m)
Interest income ($1.0m) ($6.0m) ($13.0m) ($16.0m) ($14.0m)
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 $102.0m $79.0m $130.0m
Basic (in shares) $47.0m $47.0m $46.9m $44.0m $39.3m
Diluted (in shares) $47.0m $47.0m $47.0m $44.8m $40.1m
Earnings per share — basic (in dollar per share) $3.23 $5.57 $2.17 $1.80 $3.31
Earnings per share — diluted (in dollar per share) $3.23 $5.57 $2.17 $1.76 $3.24
Selling, general and administrative expenses $460.0m $407.0m $413.0m $442.0m $445.0m
Restructuring expense $55.0m $11.0m $12.0m $14.0m $17.0m
Other operating expense, net ($13.0m) ($15.0m) $58.0m $55.0m $46.0m
Interest expense $35.0m $20.0m $56.0m $99.0m $81.0m
Other postretirement expense ($39.0m) ($32.0m) $2.0m $0 $4.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

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