PHINIA Inc. (PHIN)

Return on equity (ROE)

Dec 31, 2024 Dec 31, 2023
Net income US$ in thousands 79,000 102,000
Total stockholders’ equity US$ in thousands 1,574,000 1,887,000
ROE 5.02% 5.41%

December 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $79,000K ÷ $1,574,000K
= 5.02%