Phinia (PHIN) Tax Provisions (2022 - 2026)
Phinia (PHIN) recorded Tax Provisions of $27 million in Q2 2026, down 6.9% from $29 million a year earlier but up 35.0% from the prior quarter.
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Analysis
Phinia (PHIN) Tax Provisions (2022 - 2026) Analysis & Trends
On a TTM basis, Phinia's Tax Provisions came in at $62 million as of Jun 30, 2026, down 44.1% year-over-year; for FY2025, it was $68 million, down 37.0% from FY2024.
- Annual Tax Provisions has a four-year compound annual growth rate of 19.8% (FY2021 to FY2025).
- Across earlier years, Tax Provisions came in at $108 million in FY2024 (+3.8%), $104 million in FY2023 (+22.4%), $85 million in FY2022 (+157.6%) and $33 million in FY2021.
- Quarterly Tax Provisions has ranged from $6 million in Q3 2025 to $36 million in Q4 2024 over the past five years.
- On a year-over-year basis, Tax Provisions has declined for four consecutive quarters, with an average decline of 20.2% over the last eight quarters.
- Peak year-over-year performance for Tax Provisions in the last five years was growth of 61.5% in Q2 2023, against a decline of 75.0% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $20 million (Q1 2026), $9 million (Q4 2025) and $6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 1.06 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 604.30 Mn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 529.00 Mn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 321.00 Mn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 248.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 122.20 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 198.00 Mn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 183.00 Mn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | 265.00 Mn |
| 10 | Phinia | 2.18 Bn | 769.57 Mn | 216.00 Mn | 27.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.00 Mn |
| Mar 31, 2026 | 20.00 Mn |
| Dec 31, 2025 | 9.00 Mn |
| Sep 30, 2025 | 6.00 Mn |
| Jun 30, 2025 | 29.00 Mn |
| Mar 31, 2025 | 24.00 Mn |
| Dec 31, 2024 | 36.00 Mn |
| Sep 30, 2024 | 22.00 Mn |
| Jun 30, 2024 | 23.00 Mn |
| Mar 31, 2024 | 27.00 Mn |
| Dec 31, 2023 | 29.00 Mn |
| Sep 30, 2023 | 31.00 Mn |
| Jun 30, 2023 | 21.00 Mn |
| Mar 31, 2023 | 23.00 Mn |
| Dec 31, 2022 | 19.00 Mn |
| Sep 30, 2022 | 32.00 Mn |
| Jun 30, 2022 | 13.00 Mn |
API Access
Phinia Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=PHIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "PHIN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=PHIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();