PHINIA Inc. (PHIN)

Return on assets (ROA)

Dec 31, 2024 Dec 31, 2023
Net income US$ in thousands 79,000 102,000
Total assets US$ in thousands 3,768,000 4,041,000
ROA 2.10% 2.52%

December 31, 2024 calculation

ROA = Net income ÷ Total assets
= $79,000K ÷ $3,768,000K
= 2.10%