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Phinia PHIN Fuel Systems — Goodwill

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Other financials

Income statement

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Revenue$940.0M+5.6%
Gross profit$216.0M+9.6%
Operating income$80.0M-10.1%
Net income$40.0M-13.0%
EPS (diluted)$1.05-7.9%

Balance sheet

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Cash & equivalents$370.0M+6.6%
Total debt$1.1B+1.8%
Total equity$1.5B-5.3%
Total assets$3.8B-1.3%

Cash flow

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Operating cash flow$91.0M+59.6%
CapEx$22.0M-35.3%
Free cash flow$69.0M+200%

Valuation

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Market cap$2.74B+39.4%
Enterprise value$3.44B+28.9%
P/E20.3×+2.1×
P/S0.8×+0.2×

Profitability

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Gross margin22%-0.1pp
Operating margin7%-1.0pp
Net margin3.7%+0.5pp
FCF margin6.9%+2.4pp

Returns & leverage

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Return on equity8.5%+2.1pp
Debt / equity0.7×0.0×
Current ratio1.8×-0.1×

Where this comes from

Reported directly by Phinia in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The source filing: Phinia’s 10-Q, filed July 30, 2026.

Filed
Jul 30, 2026, 10:52 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001968915-26-000111
(in millions)Fuel SystemsAftermarketTotal
Gross goodwill balance, December 31, 2025$71$551$622
Accumulated impairment losses(113)(113)
Net goodwill balance, December 31, 2025$71$438$509
Goodwill during the period:
Measurement period adjustments(1)(1)
Translation adjustment(1)21
Net goodwill balance, June 30, 2026$69$440$509

Item 1. Financial Statements

FAQ

What is Phinia's fuel systems — goodwill?
Phinia (PHIN) reported fuel systems — goodwill of $69M in Q2 2026.
How has Phinia's fuel systems — goodwill changed year-over-year?
Phinia's fuel systems — goodwill increased by 1.5% year-over-year, from $68M to $69M.
What does fuel systems — goodwill mean?
Represents the net intangible asset value recorded when the purchase price of an acquired business exceeds the fair value of its identifiable net assets within the fuel systems segment. It serves as a measure of the segment's historical investment in inorganic growth and market expansion.

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