What PHINIA makes

PHINIA is a fuel-systems and electrical-systems manufacturer built around three brands: Delphi, Delco Remy, and Hartridge. Its core business is fuel injection for internal combustion engines, gasoline direct injection (GDi) injectors, pumps, and one-piece forged fuel rails, diesel injectors and common-rail systems, and fuel delivery modules. Alongside these, the company builds electrical systems under the Delco Remy name, including starters, alternators, and rotating electrics for heavy-duty and off-road applications, plus ignition systems, sensors, and engine-management software.

The portfolio spans both original-equipment and aftermarket channels. Delphi carries more than 100 years of OE fuel-technology heritage and, as an aftermarket brand, has a presence in over 150 countries, supplying components, remanufactured parts, and OE-level diagnostic and test equipment. Hartridge supplies fuel-injection test equipment used across the industry. PHINIA also runs a growing alternative-fuel program, injection systems for compressed natural gas, liquefied natural gas, hydrogen, ethanol (E100), and methanol (M100), and has begun winning aerospace and defense work, including a post-combustion fuel valve and a jet fuel direct-injector program.

PHINIA serves both light vehicles (passenger cars, trucks, vans, and SUVs) and commercial and industrial applications (heavy- and medium-duty trucks, off-highway construction, marine, aviation, and agriculture). It supplies OEMs as a Tier 1 supplier and reaches independent repair channels through its aftermarket business.

Financial performance

PHINIA reported full-year 2025 net sales of $3.48 billion, up 2.4 percent from 2024. Net earnings were $130 million, a net margin of 3.7 percent, and diluted earnings per share came to $3.24. Adjusted EBITDA was $478 million, or a 13.7 percent margin, roughly flat year over year, which the company attributed partly to the dilutive effect of tariff recoveries flowing through sales.

The balance sheet is conservatively run. At the end of 2025 PHINIA held $359 million in cash against $970 million of total debt, putting net leverage at 1.3 times, below the company's own target of about 1.5 times, with a further $500 million available under its revolving credit facility. For 2026 the company guided to net sales of $3.57 billion to $3.67 billion (roughly 2 to 5 percent growth), adjusted EBITDA of $485 million to $515 million, and adjusted free cash flow of $210 million to $250 million. Second-quarter 2026 net sales came in at $940 million, up 5.6 percent, and management raised its full-year outlook. All figures are drawn from the company's published results.

Ownership and history

PHINIA Inc. trades on the New York Stock Exchange under the ticker PHIN. It was created in July 2023 when BorgWarner spun off its Fuel Systems and Aftermarket business into a standalone public company, a separation led by current CEO Brady Ericson, who had run that business as a BorgWarner general manager. The brands themselves are much older: Delphi's OE fuel-technology lineage runs more than a century, and Delco Remy traces back to early-20th-century electrical systems (the Delco Remy trademark is licensed to PHINIA Technologies Inc. from General Motors).

The company is headquartered at 3000 University Drive in Auburn Hills, Michigan, and employs roughly 12,500 people across more than 40 locations in about 20 countries, with significant operations in India, Mexico, the United Kingdom, Portugal, and beyond. Its leadership team is drawn largely from the former BorgWarner and Delphi organizations: Chris Gropp is CFO, Pedro Abreu is President of Power Systems, and Todd Anderson is Chief Technology Officer. PHINIA has continued to build through acquisition, closing on Swedish Electromagnet Invest AB (SEM) and announcing a definitive agreement to acquire the stoba Group, a high-precision components and custom-manufacturing partner.

Certifications and quality

PHINIA operates its quality management system in line with IATF 16949, the automotive-industry quality standard, and requires its own suppliers to meet IATF 16949:2016 as a condition of doing business, verified through second-party audits described in its published supplier manual. The company's supplier expectations describe a defect-prevention and continuous-improvement approach as the basis of its quality program. Individual plant certificate dates are not published on the company's public site, so the certification is reported here as a claimed sector-standard rather than with per-site currency.

Known customers

PHINIA supplies original-equipment fuel and electrical systems to vehicle manufacturers worldwide, but it discloses most program wins at the segment level rather than by named customer.

Named end customers are not individually disclosed in PHINIA's public materials, which is normal for an OE fuel-systems supplier. Through the Delphi aftermarket brand, the company reaches independent distributors and repair shops in more than 150 countries.

Sourcing evidence

PHINIA's largest US importer entity on record, operating out of El Paso, Texas, shows roughly 3,588 sea shipments since December 2020, running at about 245 TEU per month, with an ImportYeti-estimated cumulative ocean-shipping spend near $10.3 million (86 percent cost coverage, an order-of-magnitude figure). Shipments were active through September 25, 2026. The company imports under dozens of related names and addresses; a separate Laredo entity adds another 166 shipments. The mix on the bills of lading is fuel pumps, injectors and ignition parts, engine components, plastics, and fasteners, the inbound components of a manufacturer feeding US assembly and aftermarket operations.

Seven shown of a longer supplier list. By origin, the flow is 74 percent Asia and 25 percent Europe: China leads with 1,693 shipments, followed by Turkey (540), Portugal (405), Thailand (231), Germany (123), and Belgium (119). The Portugal volume largely reflects PHINIA's own plant network there. Most-recent-month volume of 102 shipments was down about 17 percent year over year, consistent with soft light-vehicle demand, though the lane remains active. Buyers weighing tariff exposure and nearshoring will note the Turkey and Portugal concentration on the European side and the China share on the Asian side.

Coverage caveats: these are US ocean-freight records only. Air, truck, and rail movements do not appear; some records name freight intermediaries rather than manufacturers; and product categories come from declared manifest codes, which are noisy. Absence of a record is not evidence of absence.

Frequently asked questions

What does PHINIA make?

PHINIA manufactures fuel systems and electrical systems for internal combustion, hybrid, and alternative-fuel engines, plus a large aftermarket business. Its products include gasoline and diesel fuel injectors, pumps and rails, fuel delivery modules, starters and alternators, ignition systems, and engine-management software, sold under the Delphi, Delco Remy, and Hartridge brands.

Who owns PHINIA?

PHINIA Inc. is an independent, publicly traded company listed on the New York Stock Exchange under the ticker PHIN. It was spun off from BorgWarner in July 2023 as a standalone fuel-systems, electrical-systems, and aftermarket business.

What is PHINIA's revenue?

PHINIA reported full-year 2025 net sales of $3.48 billion, up 2.4 percent year over year, with adjusted EBITDA of $478 million (a 13.7 percent margin) and net earnings of $130 million. For 2026 the company guided to net sales of $3.57 billion to $3.67 billion.

Where is PHINIA headquartered?

PHINIA is headquartered at 3000 University Drive, Auburn Hills, Michigan. It employs roughly 12,500 people across more than 40 locations in about 20 countries.

Who are PHINIA's customers?

PHINIA supplies original-equipment fuel and electrical systems to global vehicle manufacturers and has documented program wins with commercial-vehicle OEMs, a top-three North America OEM, and Chinese and Indian OEMs, as well as aerospace and defense customers. It reaches the independent aftermarket in more than 150 countries through the Delphi brand. Named end customers are not individually disclosed.

What certifications does PHINIA hold?

PHINIA operates a quality management system in line with IATF 16949, the automotive-industry standard, and requires IATF 16949:2016 of its own suppliers through second-party audits. Individual plant certificate dates are not published on the company's public site.

Last verified September 28, 2026. Is this your company? Request a correction.