PHINIA Inc. (PHIN)

Return on total capital

Dec 31, 2024 Dec 31, 2023
Earnings before interest and tax (EBIT) US$ in thousands 259,000 241,000
Long-term debt US$ in thousands 963,000 709,000
Total stockholders’ equity US$ in thousands 1,574,000 1,887,000
Return on total capital 10.21% 9.28%

December 31, 2024 calculation

Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $259,000K ÷ ($963,000K + $1,574,000K)
= 10.21%