PHINIA Inc. (PHIN)

Operating return on assets (Operating ROA)

Dec 31, 2024 Dec 31, 2023
Operating income US$ in thousands 259,000 241,000
Total assets US$ in thousands 3,768,000 4,041,000
Operating ROA 6.87% 5.96%

December 31, 2024 calculation

Operating ROA = Operating income ÷ Total assets
= $259,000K ÷ $3,768,000K
= 6.87%