Phinia (PHIN) Tax Rate (2022 - 2026)
Phinia (PHIN) posted Tax Rate of 4.29% for Q3 2026, down 27.29 percentage points from 31.58% a year earlier and down 36.01 percentage points from the prior quarter.
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Analysis
Phinia (PHIN) Tax Rate (2022 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at Phinia was 23.79%, down 27.56 percentage points year-over-year; for FY2025, it came in at 34.34%, down 23.41 percentage points from FY2024.
- Annual Tax Rate shows a four-year change of +16.60 percentage points (FY2021 to FY2025).
- In prior years, Phinia's Tax Rate was 57.75% in FY2024 (+7.27 pp), 50.49% in FY2023 (+25.99 pp), 24.50% in FY2022 (+6.75 pp) and 17.74% in FY2021.
- The Q3 2026 figure stands as the lowest quarterly Tax Rate in data going back to Q2 2022.
- On a year-over-year basis, Tax Rate increased in two of the last eight quarters, with an average year-over-year change of -12.79 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2023, with a gain of 76.89 percentage points; the weakest was Q4 2025, with a drop of 71.14 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 40.30% (Q2 2026), 35.09% (Q1 2026) and 16.67% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 256.79 Bn | 228.09 Bn | 7.35 Bn | 22.94% |
| 2 | Amphenol | 183.76 Bn | 178.46 Bn | 4.02 Bn | 27.38% |
| 3 | Deere | 181.25 Bn | 149.34 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 132.82 Bn | 129.76 Bn | 3.11 Bn | 21.24% |
| 5 | Parker-Hannifin | 115.39 Bn | 113.27 Bn | 2.26 Bn | 22.25% |
| 6 | 3M | 96.09 Bn | 77.53 Bn | 2.78 Bn | 15.63% |
| 7 | Emerson Electric | 90.66 Bn | 83.40 Bn | 2.66 Bn | 21.62% |
| 8 | Illinois Tool Works | 79.95 Bn | 76.63 Bn | 1.91 Bn | 24.40% |
| 9 | Vertiv Holdings | 70.25 Bn | 59.10 Bn | 1.64 Bn | 23.15% |
| 10 | Phinia | 2.50 Bn | 1.00 Bn | 204.00 Mn | 4.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.29% |
| Jun 30, 2026 | 40.30% |
| Mar 31, 2026 | 35.09% |
| Dec 31, 2025 | 16.67% |
| Sep 30, 2025 | 31.58% |
| Jun 30, 2025 | 38.67% |
| Mar 31, 2025 | 48.00% |
| Dec 31, 2024 | 87.80% |
| Sep 30, 2024 | 41.51% |
| Jun 30, 2024 | 62.16% |
| Mar 31, 2024 | 48.21% |
| Dec 31, 2023 | 46.77% |
| Sep 30, 2023 | 103.33% |
| Jun 30, 2023 | 37.50% |
| Mar 31, 2023 | 39.66% |
| Dec 31, 2022 | 20.21% |
| Sep 30, 2022 | 26.45% |
| Jun 30, 2022 | 24.07% |
API Access
Phinia Tax Rate 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-rate&ticker=PHIN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=PHIN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();