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AI brief of an SEC Form 8-K · PHINIA (PHIN)

PHINIA Q4 net sales fell 5.6% to $833 million; net earnings dropped to $5 million

Negative Impact 4 of 5 earnings Written later

PHINIA reported fourth-quarter 2024 net sales of $833 million, down 5.6% from a year earlier, and net earnings of $5 million, or $0.12 per diluted share, compared with $33 million, or $0.70 per share, in Q4 2023. For full year 2024, net sales were $3.40 billion and net earnings were $79 million, down from $102 million, and the company guided to 2025 net earnings of $140 million to $170 million. The board also raised the quarterly dividend 8% to $0.27 per share and increased its share repurchase authorization by $200 million.

Key points

  • Q4 2024 net earnings were $5 million, or $0.12 per diluted share, versus $33 million, or $0.70 per share, in Q4 2023.
  • Full year 2024 net sales were $3.40 billion, down 2.8%, and net earnings were $79 million, versus $102 million in 2023.
  • 2025 guidance: net sales of $3.23 billion to $3.43 billion and net earnings of $140 million to $170 million.
  • Quarterly dividend raised to $0.27 per share from $0.25; repurchase program increased by $200 million, with about $320 million available.

The filing

CompanyPHINIA (PHIN)
Form8-K, current report
Filed with the SECFeb 13, 2025, 7:32 AM ET
Accession number0001968915-25-000004

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 6:56 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 13, 2025.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.