PHINIA (NYSE:PHIN) Issues Earnings Results

Posted by Brian Himes on Jul 31st, 2026

PHINIA (NYSE:PHIN – Get Free Report) posted its earnings results on Thursday. The company reported $1.53 EPS for the quarter, missing analysts’ consensus estimates of $1.58 by ($0.05), FiscalAI reports. PHINIA had a net margin of 3.96% and a return on equity of 13.23%. The business had revenue of $940.00 million for the quarter, compared to analysts’ expectations of $918.83 million.

Here are the key takeaways from PHINIA’s conference call:

Second-quarter results exceeded the prior year: sales rose 5.6% to $940 million, adjusted EBITDA increased 3% to $130 million, and adjusted EPS climbed 20.5% to $1.53. Both Fuel Systems and Aftermarket delivered year-over-year revenue growth.
PHINIA agreed to acquire Stoba Group for approximately six times EBITDA, adding about $80 million in third-party revenue and $25 million in adjusted EBITDA on a run-rate basis. Management expects the deal to expand exposure to off-highway, industrial, aerospace and defense, and semiconductor equipment markets, with closing expected in the fourth quarter.
Strong cash generation and leverage support continued capital returns and M&A flexibility. The company generated $74 million of adjusted free cash flow in the quarter, ended with $820 million of liquidity and 1.3x net leverage, and returned $53 million through dividends and share repurchases.
PHINIA narrowed its 2026 revenue outlook while maintaining the midpoint, but reduced adjusted EBITDA guidance to $485 million-$515 million and adjusted free cash flow guidance to $210 million-$250 million. Management cited foreign-exchange effects, tariff recoveries, product mix and higher incentive compensation as margin pressures, while light-vehicle weakness in China remains a concern.

PHINIA Price Performance

PHINIA stock opened at $73.11 on Friday. The company’s fifty day moving average price is $79.47 and its 200 day moving average price is $74.31. PHINIA has a 1 year low of $48.94 and a 1 year high of $86.93. The stock has a market capitalization of $2.71 billion, a P/E ratio of 20.42 and a beta of 1.13. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.32 and a current ratio of 1.82.

PHINIA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Tuesday, June 9th were paid a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a $1.20 dividend on an annualized basis and a yield of 1.6%. PHINIA’s dividend payout ratio (DPR) is currently 33.52%.

PHINIA News Summary

Here are the key news stories impacting PHINIA this week:

Positive Sentiment: Second-quarter sales increased 5.6% year over year to $940 million, exceeding the $918.83 million analyst consensus. PHINIA also generated $40 million in net income and returned $53 million to shareholders through buybacks and dividends. PHINIA Q2 net sales rise 5.6% to $940 million
Positive Sentiment: PHINIA agreed to acquire the stoba Group, a specialist in high-precision components and customized manufacturing. The transaction is expected to close in the fourth quarter of 2026, pending regulatory approval, and could expand the company’s technology and manufacturing capabilities. PHINIA Reports Second Quarter 2026 Results
Neutral Sentiment: Management’s earnings call emphasized growth opportunities, cash generation and strategic deals. However, reported net earnings declined from the prior year, while the company ended the quarter with $370 million in cash and $1.019 billion in debt. PHINIA Inc. Earnings Call: Growth, Cash and Deals
Negative Sentiment: Adjusted earnings were $1.53 per share, below the $1.58 consensus estimate, despite rising from $1.27 a year earlier. The miss likely reinforced concerns about profitability and contributed to the negative market reaction. Phinia Misses Q2 Earnings Estimates
Negative Sentiment: Full-year 2026 revenue guidance of $3.57 billion to $3.67 billion is below the roughly $3.7 billion analyst expectation. The outlook implies limited upside to near-term estimates and may be the main reason investors are selling the stock. PHINIA 2026 Results and Guidance

Analyst Ratings Changes

Several analysts have issued reports on the company. KeyCorp began coverage on PHINIA in a research report on Friday, June 12th. They set an “overweight” rating and a $105.00 target price on the stock. Wall Street Zen upgraded shares of PHINIA from a “buy” rating to a “strong-buy” rating in a research note on Saturday, May 2nd. Weiss Ratings raised shares of PHINIA from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, July 21st. UBS Group upped their target price on PHINIA from $76.00 to $81.00 and gave the company a “neutral” rating in a research report on Thursday, July 9th. Finally, Zacks Research downgraded shares of PHINIA from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $75.67.

Get Our Latest Analysis on PHIN

Insider Buying and Selling at PHINIA

In other PHINIA news, VP Samantha Pombier sold 2,227 shares of the company’s stock in a transaction on Wednesday, June 10th. The shares were sold at an average price of $82.36, for a total transaction of $183,415.72. Following the completion of the transaction, the vice president directly owned 6,637 shares in the company, valued at approximately $546,623.32. This represents a 25.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, VP Michael Coetzee sold 1,250 shares of PHINIA stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $80.61, for a total transaction of $100,762.50. Following the completion of the sale, the vice president owned 27,009 shares in the company, valued at approximately $2,177,195.49. This trade represents a 4.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 2.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PHIN. Federation des caisses Desjardins du Quebec increased its stake in PHINIA by 2,500.0% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 780 shares of the company’s stock worth $49,000 after buying an additional 750 shares in the last quarter. State of Wyoming purchased a new position in shares of PHINIA in the second quarter valued at approximately $60,000. Kestra Advisory Services LLC acquired a new stake in shares of PHINIA in the fourth quarter worth approximately $84,000. Raymond James Financial Inc. acquired a new stake in shares of PHINIA in the second quarter worth approximately $109,000. Finally, Harvest Fund Management Co. Ltd boosted its stake in shares of PHINIA by 1,787.8% in the third quarter. Harvest Fund Management Co. Ltd now owns 2,624 shares of the company’s stock worth $151,000 after acquiring an additional 2,485 shares during the last quarter. 90.94% of the stock is owned by hedge funds and other institutional investors.

PHINIA Company Profile

(Get Free Report)

PHINIA Inc engages in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial and light vehicles, and industrial applications. The company operates through Fuel Systems and Aftermarket segments. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, and engine control modules; fuel delivery modules; canisters; sensors; and electronic control modules.