PHINIA Q4 net sales rise, driven by tariff recoveries and increased volumes

PHINIA

12/02/2026 12:39

Overview

Premium fuel systems provider's Q4 net sales rose 6.7% yr/yr

Adjusted EBITDA for Q4 rose slightly, driven by R&D and supply chain savings

Company returned $40 mln to shareholders via repurchases and dividends

Outlook

PHINIA expects 2026 net sales of $3.52 bln to $3.72 bln

Company projects 2026 net earnings of $165 mln to $195 mln

PHINIA anticipates 2026 adjusted EBITDA of $485 mln to $525 mln

Result Drivers

TARIFF RECOVERIES - PHINIA's Q4 net sales increase was primarily driven by tariff recoveries and increased volumes in Asia and Americas, offset by reduced volumes in Europe

PRODUCT MIX IMPACT - Adjusted EBITDA margin decreased due to unfavorable product mix and foreign currency, partially offset by R&D and supply chain savings

SEGMENT SHIFT - Strategic decision to shift OES business from Aftermarket to Fuel Systems segment to streamline sales structure and reduce administrative efforts

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
$889 mln
$847.31 mln (2 Analysts)
Q4 Adjusted EPS
Miss
$1.18
$1.26 (2 Analysts)
Q4 EPS
$1.15
Q4 Net Income
$45 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the auto, truck & motorcycle parts peer group is "buy"

Wall Street's median 12-month price target for Phinia Inc is $79.50, about 2.2% above its February 11 closing price of $77.76

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBw6YcbL3a

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)