Phinia (PHIN) Asset Utilization Ratio (2023 - 2026)
Phinia's (PHIN) quarterly Asset Utilization Ratio came in at 0.95 in Q2 2026, up 7.64% year-over-year from 0.88 in Q2 2025, and up 1.07% quarter-over-quarter from 0.94 in Q1 2026.
Analysis
Phinia (PHIN) Asset Utilization Ratio (2023 - 2026) Analysis & Trends
Phinia has disclosed Asset Utilization Ratio across 4 years of filings, most recently posting 0.95 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio rose 7.64% year-over-year to 0.95; the TTM figure through Jun 2026 stood at 0.95 (up 7.64% YoY), while the FY2025 annual figure was 0.92, up 5.37% from the prior year.
- Asset Utilization Ratio came in at 0.95 for Q2 2026 at Phinia, up from 0.94 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.95 in Q2 2026 to a low of 0.85 in Q4 2023.
- Average Asset Utilization Ratio over 4 years is 0.89, with a median of 0.88 recorded in 2024.
- Year-over-year, Asset Utilization Ratio slipped 1.69% in 2025 and advanced 7.64% in 2026.
- Over 4 years, Asset Utilization Ratio stood at 0.85 in 2023, then advanced by 2.72% to 0.87 in 2024, then gained by 2.19% to 0.89 in 2025, then climbed by 5.98% to 0.95 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.95 in Q2 2026, 0.94 in Q1 2026, and 0.89 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 370.59 Bn | 363.87 Bn | 7.76 Bn | 0.75 |
| 2 | Cummins | 75.77 Bn | 71.10 Bn | 2.47 Bn | 0.99 |
| 3 | Paccar | 64.57 Bn | 55.91 Bn | 1.56 Bn | 0.64 |
| 4 | Borgwarner | 13.34 Bn | 10.89 Bn | 721.00 Mn | 1.04 |
| 5 | Allison Transmission Holdings | 10.59 Bn | 10.19 Bn | 515.00 Mn | 0.51 |
| 6 | Oshkosh | 9.21 Bn | 8.80 Bn | 480.30 Mn | 1.06 |
| 7 | Federal Signal | 6.90 Bn | 6.84 Bn | 203.80 Mn | 1.00 |
| 8 | Terex | 6.76 Bn | 6.35 Bn | 444.00 Mn | 0.65 |
| 9 | Dana | 3.31 Bn | 2.98 Bn | 210.00 Mn | 1.26 |
| 10 | Phinia | 2.45 Bn | 2.08 Bn | 216.00 Mn | 0.95 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.95 |
| Mar 31, 2026 | 0.94 |
| Dec 31, 2025 | 0.89 |
| Sep 30, 2025 | 0.87 |
| Jun 30, 2025 | 0.88 |
| Mar 31, 2025 | 0.89 |
| Dec 31, 2024 | 0.87 |
| Sep 30, 2024 | 0.87 |
| Jun 30, 2024 | 0.89 |
| Mar 31, 2024 | 0.88 |
| Dec 31, 2023 | 0.85 |
| Sep 30, 2023 | 0.86 |