PHINIA Inc. (PHIN)
Return on equity (ROE)
| Dec 31, 2023 | ||
|---|---|---|
| Net income | US$ in thousands | 102,000 |
| Total stockholders’ equity | US$ in thousands | 1,887,000 |
| ROE | 5.41% |
December 31, 2023 calculation
ROE = Net income ÷ Total stockholders’ equity
= $102,000K ÷ $1,887,000K
= 5.41%
Peer comparison
Dec 31, 2023
Company name
Symbol
ROE
PHINIA Inc.
PHIN
5.41%
Adient PLC
ADNT
0.84%
American Axle & Manufacturing
AXL
-5.55%
Aptiv PLC
APTV
25.44%
Autoliv Inc
ALV
19.08%
BorgWarner Inc
BWA
10.72%
Dana Inc
DAN
2.41%
Dorman Products Inc
DORM
11.06%
Gentex Corporation
GNTX
18.53%
Gentherm Inc
THRM
6.26%
LCI Industries
LCII
4.74%