PHINIA Inc. (PHIN)
Operating profit margin
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 269,000 | 264,000 | 254,000 |
| Revenue (ttm) | US$ in thousands | 3,445,000 | 3,494,000 | 3,542,000 |
| Operating profit margin | 7.81% | 7.56% | 7.17% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $269,000K ÷ $3,445,000K
= 7.81%
The operating profit margin for PHINIA Inc. has shown a gradual increase over the fiscal year 2024, starting at 7.17% in March, improving to 7.56% by September, and further increasing to 7.81% by December. This upward trend indicates that the company has been able to effectively control its operating costs relative to its revenue, leading to a higher proportion of revenue being converted into operating profit. Overall, the consistent improvement in the operating profit margin suggests that PHINIA Inc. is managing its operational efficiency well and generating a healthier level of profitability from its core business activities.
Peer comparison
Dec 31, 2024