vs

Side-by-side financial comparison of EAGLE MATERIALS INC (EXP) and PHINIA INC. (PHIN). Click either name above to swap in a different company.

PHINIA INC. is the larger business by last-quarter revenue ($889.0M vs $556.0M, roughly 1.6× EAGLE MATERIALS INC). On growth, PHINIA INC. posted the faster year-over-year revenue change (6.7% vs -0.4%). PHINIA INC. produced more free cash flow last quarter ($67.0M vs $60.8M). Over the past eight quarters, EAGLE MATERIALS INC's revenue compounded faster (8.0% CAGR vs 1.5%).

Eagle Materials Inc. is an American producer of building materials based in Dallas, Texas. The company produces cement, concrete, construction aggregate, gypsum, wallboard, paperboard, and sand for hydraulic fracturing.

PHINIA Inc. is a global automotive technology provider specializing in fuel injection systems, starters, alternators, and hybrid/electric vehicle components. It serves OEMs and aftermarket customers across North America, Europe, Asia Pacific and key markets, covering passenger car, commercial vehicle and industrial mobility segments.

EXP vs PHIN — Head-to-Head

Bigger by revenue
PHIN
PHIN
1.6× larger
PHIN
$889.0M
$556.0M
EXP
Growing faster (revenue YoY)
PHIN
PHIN
+7.1% gap
PHIN
6.7%
-0.4%
EXP
More free cash flow
PHIN
PHIN
$6.2M more FCF
PHIN
$67.0M
$60.8M
EXP
Faster 2-yr revenue CAGR
EXP
EXP
Annualised
EXP
8.0%
1.5%
PHIN

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
EXP
EXP
PHIN
PHIN
Revenue
$556.0M
$889.0M
Net Profit
$102.9M
Gross Margin
28.9%
21.7%
Operating Margin
7.8%
Net Margin
18.5%
Revenue YoY
-0.4%
6.7%
Net Profit YoY
-13.9%
EPS (diluted)
$3.22
$1.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EXP
EXP
PHIN
PHIN
Q4 25
$556.0M
$889.0M
Q3 25
$638.9M
$908.0M
Q2 25
$634.7M
$890.0M
Q1 25
$470.2M
$796.0M
Q4 24
$558.0M
$833.0M
Q3 24
$623.6M
$839.0M
Q2 24
$608.7M
$868.0M
Q1 24
$476.7M
$863.0M
Net Profit
EXP
EXP
PHIN
PHIN
Q4 25
$102.9M
Q3 25
$137.4M
$13.0M
Q2 25
$123.4M
$46.0M
Q1 25
$66.5M
$26.0M
Q4 24
$119.6M
Q3 24
$143.5M
$31.0M
Q2 24
$133.8M
$14.0M
Q1 24
$77.1M
$29.0M
Gross Margin
EXP
EXP
PHIN
PHIN
Q4 25
28.9%
21.7%
Q3 25
31.3%
22.0%
Q2 25
29.2%
22.1%
Q1 25
22.2%
21.6%
Q4 24
31.9%
22.7%
Q3 24
32.7%
22.3%
Q2 24
30.7%
21.7%
Q1 24
25.1%
22.2%
Operating Margin
EXP
EXP
PHIN
PHIN
Q4 25
7.8%
Q3 25
3.7%
Q2 25
10.0%
Q1 25
7.8%
Q4 24
32.8%
6.1%
Q3 24
34.2%
7.9%
Q2 24
32.0%
8.2%
Q1 24
26.9%
8.2%
Net Margin
EXP
EXP
PHIN
PHIN
Q4 25
18.5%
Q3 25
21.5%
1.4%
Q2 25
19.4%
5.2%
Q1 25
14.1%
3.3%
Q4 24
21.4%
Q3 24
23.0%
3.7%
Q2 24
22.0%
1.6%
Q1 24
16.2%
3.4%
EPS (diluted)
EXP
EXP
PHIN
PHIN
Q4 25
$3.22
$1.14
Q3 25
$4.23
$0.33
Q2 25
$3.76
$1.14
Q1 25
$2.01
$0.63
Q4 24
$3.56
$0.13
Q3 24
$4.26
$0.70
Q2 24
$3.94
$0.31
Q1 24
$2.23
$0.62

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXP
EXP
PHIN
PHIN
Cash + ST InvestmentsLiquidity on hand
$419.0M
$359.0M
Total DebtLower is stronger
$970.0M
Stockholders' EquityBook value
$1.5B
$1.6B
Total Assets
$3.8B
$3.8B
Debt / EquityLower = less leverage
0.61×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXP
EXP
PHIN
PHIN
Q4 25
$419.0M
$359.0M
Q3 25
$35.0M
$349.0M
Q2 25
$59.7M
$347.0M
Q1 25
$20.4M
$373.0M
Q4 24
$31.2M
$484.0M
Q3 24
$93.9M
$477.0M
Q2 24
$46.5M
$339.0M
Q1 24
$34.9M
$325.0M
Total Debt
EXP
EXP
PHIN
PHIN
Q4 25
$970.0M
Q3 25
$990.0M
Q2 25
$990.0M
Q1 25
$1.2B
$989.0M
Q4 24
$988.0M
Q3 24
$987.0M
Q2 24
$821.0M
Q1 24
$1.1B
$706.0M
Stockholders' Equity
EXP
EXP
PHIN
PHIN
Q4 25
$1.5B
$1.6B
Q3 25
$1.5B
$1.6B
Q2 25
$1.5B
$1.6B
Q1 25
$1.5B
$1.5B
Q4 24
$1.5B
$1.6B
Q3 24
$1.4B
$1.7B
Q2 24
$1.4B
$1.7B
Q1 24
$1.3B
$1.9B
Total Assets
EXP
EXP
PHIN
PHIN
Q4 25
$3.8B
$3.8B
Q3 25
$3.4B
$4.0B
Q2 25
$3.4B
$3.9B
Q1 25
$3.3B
$3.7B
Q4 24
$3.0B
$3.8B
Q3 24
$3.1B
$4.0B
Q2 24
$3.0B
$3.9B
Q1 24
$2.9B
$4.0B
Debt / Equity
EXP
EXP
PHIN
PHIN
Q4 25
0.61×
Q3 25
0.62×
Q2 25
0.61×
Q1 25
0.86×
0.64×
Q4 24
0.63×
Q3 24
0.58×
Q2 24
0.47×
Q1 24
0.84×
0.38×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXP
EXP
PHIN
PHIN
Operating Cash FlowLast quarter
$170.8M
$96.0M
Free Cash FlowOCF − Capex
$60.8M
$67.0M
FCF MarginFCF / Revenue
10.9%
7.5%
Capex IntensityCapex / Revenue
19.8%
3.3%
Cash ConversionOCF / Net Profit
1.66×
TTM Free Cash FlowTrailing 4 quarters
$231.8M
$188.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXP
EXP
PHIN
PHIN
Q4 25
$170.8M
$96.0M
Q3 25
$204.6M
$119.0M
Q2 25
$136.6M
$57.0M
Q1 25
$62.8M
$40.0M
Q4 24
$119.9M
$73.0M
Q3 24
$233.3M
$95.0M
Q2 24
$132.6M
$109.0M
Q1 24
$63.4M
$31.0M
Free Cash Flow
EXP
EXP
PHIN
PHIN
Q4 25
$60.8M
$67.0M
Q3 25
$96.1M
$93.0M
Q2 25
$60.5M
$23.0M
Q1 25
$14.5M
$5.0M
Q4 24
$72.5M
$53.0M
Q3 24
$166.8M
$70.0M
Q2 24
$99.5M
$92.0M
Q1 24
$30.9M
$-12.0M
FCF Margin
EXP
EXP
PHIN
PHIN
Q4 25
10.9%
7.5%
Q3 25
15.0%
10.2%
Q2 25
9.5%
2.6%
Q1 25
3.1%
0.6%
Q4 24
13.0%
6.4%
Q3 24
26.7%
8.3%
Q2 24
16.3%
10.6%
Q1 24
6.5%
-1.4%
Capex Intensity
EXP
EXP
PHIN
PHIN
Q4 25
19.8%
3.3%
Q3 25
17.0%
2.9%
Q2 25
12.0%
3.8%
Q1 25
10.3%
4.4%
Q4 24
8.5%
2.4%
Q3 24
10.7%
3.0%
Q2 24
5.4%
2.0%
Q1 24
6.8%
5.0%
Cash Conversion
EXP
EXP
PHIN
PHIN
Q4 25
1.66×
Q3 25
1.49×
9.15×
Q2 25
1.11×
1.24×
Q1 25
0.94×
1.54×
Q4 24
1.00×
Q3 24
1.63×
3.06×
Q2 24
0.99×
7.79×
Q1 24
0.82×
1.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EXP
EXP

External Customers$283.5M51%
Gypsum Wallboard$175.9M32%
Recycled Paperboard$47.8M9%
Corporate Joint Venture$29.4M5%
Other$11.8M2%
Western Pennsylvania Acquisition$7.6M1%

PHIN
PHIN

Customer$618.0M70%
Fuel Systems$194.0M22%
Other$77.0M9%

Related Comparisons