PHINIA is engaged in the development, design and manufacture of integrated components and systems that increase efficiency and reduce emissions in combustion and hybrid propulsion for commercial vehicles and industrial applications (medium-duty and heavy-duty trucks, buses and other off-highway construction, marine, agricultural and industrial applications) and light vehicles (passenger cars, trucks, vans and sport-utility vehicles). Additionally, Co. provides a range of original equipment service solutions and remanufactured products as well as a range of products for the independent (non-original equipment manufacturers) aftermarket. The PHIN average annual return since 2023 is shown above.
The Average Annual Return on the PHIN average annual return since 2023 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether PHIN average annual return since 2023 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the PHIN average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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