PHINIA Inc. (PHIN)
Operating return on assets (Operating ROA)
| Dec 31, 2023 | ||
|---|---|---|
| Operating income | US$ in thousands | 241,000 |
| Total assets | US$ in thousands | 4,041,000 |
| Operating ROA | 5.96% |
December 31, 2023 calculation
Operating ROA = Operating income ÷ Total assets
= $241,000K ÷ $4,041,000K
= 5.96%
Peer comparison
Dec 31, 2023
Company name
Symbol
Operating ROA
PHINIA Inc.
PHIN
5.96%
Adient PLC
ADNT
0.63%
American Axle & Manufacturing
AXL
2.74%
Aptiv PLC
APTV
6.38%
Autoliv Inc
ALV
8.28%
BorgWarner Inc
BWA
8.03%
Dana Inc
DAN
3.97%
Dorman Products Inc
DORM
9.37%
Gentex Corporation
GNTX
18.98%
Gentherm Inc
THRM
6.27%
LCI Industries
LCII
4.17%