PHINIA Inc. (PHIN)
Pretax margin
| Dec 31, 2024 | Sep 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 212,000 | 213,000 | 216,000 |
| Revenue (ttm) | US$ in thousands | 3,445,000 | 3,494,000 | 3,542,000 |
| Pretax margin | 6.15% | 6.10% | 6.10% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $212,000K ÷ $3,445,000K
= 6.15%
The pretax margin of PHINIA Inc. has remained relatively stable over the fiscal year ending December 31, 2024. The pretax margin was 6.10% as of both March 31, 2024, and September 30, 2024, showing consistency in profitability before accounting for taxes. There was a slight improvement in the pretax margin to 6.15% as of December 31, 2024, indicating a slightly higher level of profitability relative to the previous periods. This suggests that PHINIA Inc. has been able to effectively manage its costs and expenses in relation to its revenue generation, leading to a modest improvement in its pretax profitability by the end of the fiscal year.
Peer comparison
Dec 31, 2024