How did PHINIA's revenue and expenses trend in Q4 2024?
5/9/2025 11:12am
In Q4 2024, PHINIA's revenue and expenses showed the following trends:
1. **Revenue Trend**: PHINIA's total revenue for Q4 2024 was $2.26 billion. This is a significant figure that indicates the company's strong revenue generation during the period.
2. **Expense Trend**: The total expenses for PHINIA in Q4 2024 were $833 million. This is a key metric to consider when assessing the company's profitability, as it represents the costs incurred to generate the revenue.
3. **Segmental Analysis**: Within PHINIA's business segments, the Fuel Systems segment contributed the most to revenue, with $2.26 billion, while the Aftermarket segment contributed $1.39 billion. The Inter-Segment Eliminations segment had a negative impact, with losses of $55 million and $190 million, and an additional loss of $254 million when combined.
4. **Net Income**: PHINIA reported a net income of $5 million for Q4 2024. This is a positive indicator of the company's financial performance during the period, despite the negative impact from the Inter-Segment Eliminations segment.
Overall, PHINIA's revenue trend in Q4 2024 was strong, with significant contributions from the Fuel Systems segment. While expenses were substantial, the company's net income of $5 million suggests that it was able to manage its costs effectively to achieve profitability.