PHINIA Inc. (PHIN) - Net Assets
Based on the latest financial reports, PHINIA Inc. (PHIN) has net assets worth $1.55 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.80 Billion) and total liabilities ($2.25 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PHINIA Inc. (PHIN) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.55 Billion |
| % of Total Assets | 40.75% |
| Annual Growth Rate | -1.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 11.33 |
PHINIA Inc. - Net Assets Trend (2021–2025)
This chart illustrates how PHINIA Inc.'s net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of PHINIA Inc. to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for PHINIA Inc. (2021–2025)
The table below shows the annual net assets of PHINIA Inc. from 2021 to 2025. For live valuation and market cap data, see market value of PHINIA Inc..
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.59 Billion | +0.38% |
| 2024-12-31 | $1.58 Billion | -16.48% |
| 2023-12-31 | $1.89 Billion | +15.22% |
| 2022-12-31 | $1.64 Billion | -4.03% |
| 2021-12-31 | $1.71 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PHINIA Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 13200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $132.00 Million | 8.32% |
| Common Stock | $1.00 Million | 0.06% |
| Other Comprehensive Income | $-98.00 Million | -6.18% |
| Other Components | $1.55 Billion | 97.79% |
| Total Equity | $1.59 Billion | 100.00% |
PHINIA Inc. Competitors by Market Cap
The table below lists competitors of PHINIA Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai M&G Stationery Inc
SHG:603899
|
$3.02 Billion |
|
ITEQ Corp
TW:6213
|
$3.02 Billion |
|
Predictive Discovery Ltd
AU:PDI
|
$3.02 Billion |
|
Joinn Laboratories(China)Co
SHG:603127
|
$3.02 Billion |
|
Madison Square Garden Entertainment Corp
NYSE:MSGE
|
$3.02 Billion |
|
National Storage REIT
AU:NSR
|
$3.02 Billion |
|
Yantai Eddie Precision Mach
SHG:603638
|
$3.01 Billion |
|
AIR CHINA LTD H ADR/20
F:AD2B
|
$3.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PHINIA Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,574,000,000 to 1,587,000,000, a change of 13,000,000 (0.8%).
- Net income of 130,000,000 contributed positively to equity growth.
- Dividend payments of 42,000,000 reduced retained earnings.
- Share repurchases of 202,000,000 reduced equity.
- Other comprehensive income increased equity by 119,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $130.00 Million | +8.19% |
| Dividends Paid | $42.00 Million | -2.65% |
| Share Repurchases | $202.00 Million | -12.73% |
| Other Comprehensive Income | $119.00 Million | +7.5% |
| Other Changes | $8.00 Million | +0.5% |
| Total Change | $- | 0.83% |
Book Value vs Market Value Analysis
This analysis compares PHINIA Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.11x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.30x to 2.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | $36.35 | $83.65 | x |
| 2022-12-31 | $34.95 | $83.65 | x |
| 2023-12-31 | $40.15 | $83.65 | x |
| 2024-12-31 | $35.13 | $83.65 | x |
| 2025-12-31 | $39.58 | $83.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PHINIA Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.19%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.73%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 2.41x
- Recent ROE (8.19%) is below the historical average (8.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 8.89% | 4.71% | 0.77x | 2.45x | $-18.90 Million |
| 2022 | 15.95% | 7.83% | 0.82x | 2.48x | $97.70 Million |
| 2023 | 5.41% | 2.91% | 0.87x | 2.14x | $-86.70 Million |
| 2024 | 5.02% | 2.32% | 0.90x | 2.39x | $-78.40 Million |
| 2025 | 8.19% | 3.73% | 0.91x | 2.41x | $-28.70 Million |
Industry Comparison
This section compares PHINIA Inc.'s net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,902,569,500
- Average return on equity (ROE) among peers: 15.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PHINIA Inc. (PHIN) | $1.55 Billion | 8.89% | 1.45x | $3.02 Billion |
| Advance Auto Parts Inc (AAP) | $2.52 Billion | 1.19% | 3.87x | $3.66 Billion |
| Adient PLC (ADNT) | $4.38 Billion | -35.04% | 1.98x | $1.57 Billion |
| Allison Transmission Holdings Inc (ALSN) | $689.00 Million | 73.15% | 5.10x | $9.78 Billion |
| Autoliv Inc (ALV) | $2.29 Billion | 28.27% | 2.42x | $9.36 Billion |
| Aptiv PLC (APTV) | $6.10 Billion | 10.35% | 0.82x | $14.10 Billion |
| Atmus Filtration Technologies Inc. (ATMU) | $378.50 Million | 54.80% | 2.57x | $4.09 Billion |
| American Axle & Manufacturing (AXL) | $994.80 Million | 5.63% | 1.68x | $1.36 Billion |
| AutoZone Inc (AZO) | $-433.07 Million | 0.00% | 0.00x | $51.17 Billion |
| BorgWarner Inc (BWA) | $1.78 Billion | 13.46% | 1.30x | $15.03 Billion |
| China Automotive Systems Inc (CAAS) | $337.44 Million | 3.27% | 1.12x | $136.97 Million |
About PHINIA Inc.
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 segm… Read more