Phinia Inc.PHIN
What Phinia Inc. does.
PHINIA Inc. (together with its consolidated subsidiaries, the Company or PHINIA) is a Delaware corporation incorporated in 2023. The Company is a leader in the development, design and manufacture of integrated components and systems that are designed to optimize performance, increase efficiency and reduce emissions in combustion and hybrid propulsion for commercial vehicles and industrial applications (medium-duty and heavy-duty trucks, buses and other off-highway construction, marine, agricultural and aerospace and defense), light commercial vehicles (vans and trucks) and light passenger vehicles (passenger cars, mini-vans, cross-overs and sport-utility vehicles). We are a global supplier to most major original equipment manufacturers (OEMs) seeking to meet and exceed increasingly stringent global regulatory requirements and satisfy consumer demands for an enhanced user experience. Additionally, we offer a wide range of original equipment service (OES) solutions and remanufactured products as well as an expanded range of products for the independent (non-OEM) aftermarket (IAM).
On December 6, 2022, BorgWarner Inc., a manufacturer and supplier of automotive industry components and parts (BorgWarner, or Former Parent) announced plans for the complete legal and structural separation of its Fuel Systems and Aftermarket businesses by the spin-off of its wholly-owned subsidiary, PHINIA, which was formed on February 9, 2023 (the Spin-Off).
Revenue and profit, by fiscal year.
| Fiscal year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Revenue | — | $3.2B | $3.3B | $3.5B | $3.4B | $3.5B |
| Net income | — | $152.0M | $262.0M | $102.0M | $79.0M | $130.0M |
| Free cash flow | — | $1.0M | $196.0M | $100.0M | $203.0M | $188.0M |
More on PHIN.
- Phinia Inc. summary
- Phinia Inc. financial statements
- Phinia Inc. key metrics
- Phinia Inc. health scores and style box
- Phinia Inc. earnings
- Phinia Inc. dividends
- Phinia Inc. valuation
- Phinia Inc. ownership and insiders
- Phinia Inc. peers
Figures from Phinia Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.