PHINIA Inc. (PHIN)
Fixed asset turnover
Dec 31, 2024 | Dec 31, 2023 | ||
---|---|---|---|
Revenue | US$ in thousands | 3,415,000 | 3,500,000 |
Property, plant and equipment | US$ in thousands | 843,000 | 921,000 |
Fixed asset turnover | 4.05 | 3.80 |
December 31, 2024 calculation
Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $3,415,000K ÷ $843,000K
= 4.05
Peer comparison
Dec 31, 2024
Company name
Symbol
Fixed asset turnover
PHINIA Inc.
PHIN
4.05
Adient PLC
ADNT
10.42
American Axle & Manufacturing
AXL
—
Aptiv PLC
APTV
5.33
Autoliv Inc
ALV
—
BorgWarner Inc
BWA
3.96
Dana Inc
DAN
—
Dorman Products Inc
DORM
—
Gentex Corporation
GNTX
3.18
Gentherm Inc
THRM
5.74
Honeywell International Inc
HON
—