PHINIA Inc. (PHIN)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 98,000 | 92,000 | 96,000 |
| Revenue (ttm) | US$ in thousands | 3,445,000 | 3,494,000 | 3,542,000 |
| Net profit margin | 2.84% | 2.63% | 2.71% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $98,000K ÷ $3,445,000K
= 2.84%
The net profit margin of PHINIA Inc. has been fluctuating over the periods provided. As of March 31, 2024, the net profit margin stood at 2.71%, indicating that for every dollar of revenue generated, the company retained $0.0271 as profit. By September 30, 2024, the net profit margin slightly decreased to 2.63%, suggesting a slight decrease in profitability. However, by December 31, 2024, the net profit margin increased to 2.84%, showing a modest improvement in profitability compared to the previous period. Overall, the company's net profit margin trend demonstrates some variability, and it would be important to monitor future periods to assess the sustainability of these changes.
Peer comparison
Dec 31, 2024