PHINIA Inc. (PHIN)
Return on total capital
| Dec 31, 2023 | ||
|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 376,000 |
| Long-term debt | US$ in thousands | — |
| Total stockholders’ equity | US$ in thousands | 1,887,000 |
| Return on total capital | 19.93% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $376,000K ÷ ($—K + $1,887,000K)
= 19.93%
Peer comparison
Dec 31, 2023
Company name
Symbol
Return on total capital
PHINIA Inc.
PHIN
19.93%
Adient PLC
ADNT
11.11%
American Axle & Manufacturing
AXL
5.21%
Aptiv PLC
APTV
7.29%
Autoliv Inc
ALV
18.14%
BorgWarner Inc
BWA
12.17%
Dana Inc
DAN
7.53%
Dorman Products Inc
DORM
13.24%
Gentex Corporation
GNTX
21.44%
Gentherm Inc
THRM
8.93%
LCI Industries
LCII
5.61%