Phillips 66 (PSX) Financials

$113.31 -1.37 (-1.19%)

Closing price 05/30/2025 03:59 PM Eastern

Extended Trading

$113.50 +0.19 (+0.17%)

As of 05/30/2025 07:41 PM Eastern

Annual Income Statements for Phillips 66

This table shows Phillips 66's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	2,117	7,015	11,024	1,317	-3,975	3,076	5,595	5,106	1,555	4,227
Consolidated Net Income / (Loss)	2,175	7,239	11,391	1,594	-3,714	3,377	5,873	5,248	1,644	4,280
Net Income / (Loss) Continuing Operations	2,175	7,239	11,391	1,594	-3,714	3,377	5,873	5,248	1,644	4,280
Total Pre-Tax Income	2,675	9,469	14,639	1,740	-4,964	4,178	7,445	3,555	2,191	6,044
Total Operating Income	3,350	10,029	12,512	1,868	-4,519	4,522	7,857	3,993	2,455	6,285
Total Gross Profit	15,291	21,445	23,033	12,296	7,721	13,911	16,226	25,213	23,235	27,432
Total Revenue	145,253	149,531	172,965	114,398	65,428	109,440	114,156	104,622	85,703	100,831
Operating Revenue	145,253	149,531	172,965	114,398	65,428	109,440	114,156	104,622	85,703	100,831
Total Cost of Revenue	129,962	128,086	149,932	102,102	57,707	95,529	97,930	79,409	62,468	73,399
Operating Cost of Revenue	129,962	128,086	149,932	102,102	57,707	95,529	97,930	79,409	62,468	73,399
Total Operating Expenses	11,941	11,416	10,521	10,428	12,240	9,389	8,369	21,220	20,780	21,147
Selling, General & Admin Expense	8,753	8,679	8,279	6,891	6,107	6,755	6,557	6,394	5,913	5,964
Depreciation Expense	2,363	1,977	1,629	1,605	1,395	1,341	1,356	1,318	1,168	1,078
Amortization Expense	40	29	23	24	22	23	23	22	21	21
Other Operating Expenses / (Income)	329	707	530	410	464	409	425	13,462	13,673	14,077
Impairment Charge	456	24	60	1,498	4,252	861	8.00	24	5.00	7.00
Total Other Income / (Expense), net	-675	-560	2,127	-128	-445	-344	-412	-438	-264	-241
Interest Expense	907	897	619	581	499	458	504	438	338	310
Other Income / (Expense), net	232	337	2,746	453	54	114	92	-	74	69
Income Tax Expense	500	2,230	3,248	146	-1,250	801	1,572	-1,693	547	1,764
Net Income / (Loss) Attributable to Noncontrolling Interest	58	224	367	277	261	301	278	142	89	53
Basic Earnings per Share	$5.01	$15.56	$23.36	$2.97	($9.06)	$6.80	$11.87	$9.90	$2.94	$7.78
Weighted Average Basic Shares Outstanding	420.17M	450.14M	471.50M	440.03M	439.53M	451.36M	470.71M	515.09M	527.53M	542.36M
Diluted Earnings per Share	$4.99	$15.48	$23.27	$2.97	($9.06)	$6.77	$11.80	$9.85	$2.92	$7.73
Weighted Average Diluted Shares Outstanding	421.89M	453.21M	473.73M	440.36M	439.53M	453.89M	474.05M	518.51M	530.07M	546.98M
Weighted Average Basic & Diluted Shares Outstanding	407.70M	427.82M	463.91M	438.46M	436.93M	439.45M	471.40M	515.80M	528.90M	543.30M
Cash Dividends to Common per Share	$4.50	$4.20	$3.83	$3.62	$3.60	$3.50	$3.10	$2.73	$2.45	$2.18

This table shows Phillips 66's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	487	8.00	346	1,015	748	1,260	2,097	1,697	1,961	1,884	5,391
Consolidated Net Income / (Loss)	526	25	369	1,020	761	1,285	2,143	1,734	2,077	2,012	5,540
Net Income / (Loss) Continuing Operations	526	25	369	1,020	761	1,285	2,143	1,734	2,077	2,012	5,540
Total Pre-Tax Income	648	-13	413	1,311	964	1,761	2,813	2,244	2,651	2,547	7,158
Total Operating Income	869	155	559	1,542	1,094	1,791	3,007	2,411	2,820	2,872	4,295
Total Gross Profit	2,979	3,407	3,885	4,046	3,953	4,698	5,977	5,070	5,700	5,907	7,092
Total Revenue	30,639	34,161	36,079	38,674	36,339	38,542	40,307	35,641	35,041	41,053	45,738
Operating Revenue	30,639	34,161	36,079	38,674	36,339	38,542	40,307	35,641	35,041	41,053	45,738
Total Cost of Revenue	27,660	30,754	32,194	34,628	32,386	33,844	34,330	30,571	29,341	35,146	38,646
Operating Cost of Revenue	27,660	30,754	32,194	34,628	32,386	33,844	34,330	30,571	29,341	35,146	38,646
Total Operating Expenses	2,110	3,252	3,326	2,504	2,859	2,907	2,970	2,659	2,880	3,035	2,797
Selling, General & Admin Expense	2,141	2,092	2,693	1,959	2,009	2,217	2,302	1,977	2,183	2,358	2,229
Depreciation Expense	791	819	543	497	504	518	488	495	476	502	430
Amortization Expense	12	13	8.00	10	9.00	10	6.00	7.00	6.00	6.00	5.00
Other Operating Expenses / (Income)	227	54	53	50	172	153	171	176	207	111	133
Impairment Charge	26	37	29	225	165	9.00	3.00	4.00	8.00	58	0.00
Other Special Charges / (Income)	-1,087	-	-	-237	-	-	-	-	-	-	-
Total Other Income / (Expense), net	-221	-168	-146	-231	-130	-30	-194	-167	-169	-325	2,863
Interest Expense	221	220	229	231	227	218	221	266	192	193	158
Income Tax Expense	122	-38	44	291	203	476	670	510	574	535	1,618
Net Income / (Loss) Attributable to Noncontrolling Interest	39	17	23	5.00	13	25	46	37	116	128	149
Basic Earnings per Share	$1.19	$0.06	$0.82	$2.39	$1.74	$2.90	$4.72	$3.73	$4.21	$4.33	$11.19
Weighted Average Basic Shares Outstanding	409.18M	420.17M	417.31M	422.87M	428.96M	450.14M	444.28M	454.45M	464.81M	471.50M	481.39M
Diluted Earnings per Share	$1.18	$0.06	$0.82	$2.38	$1.73	$2.87	$4.69	$3.72	$4.20	$4.29	$11.16
Weighted Average Diluted Shares Outstanding	410.51M	421.89M	418.80M	425.73M	431.91M	453.21M	447.26M	456.17M	467.03M	473.73M	483.04M
Weighted Average Basic & Diluted Shares Outstanding	407.58M	407.70M	412.99M	418.57M	423.95M	427.82M	439.96M	445.29M	458.86M	463.91M	472.63M
Cash Dividends to Common per Share	$1.15	-	$1.15	$1.15	$1.05	-	$1.05	$1.05	$1.05	-	$0.97

This table details how cash moves in and out of Phillips 66's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-1,585	-2,810	2,986	633	900	-1,405	-65	408	-363	-2,133
Net Cash From Operating Activities	4,191	7,029	10,813	6,017	2,111	4,808	7,573	3,648	2,963	5,713
Net Cash From Continuing Operating Activities	4,191	7,029	10,813	6,017	2,111	4,808	7,573	3,648	2,963	5,713
Net Income / (Loss) Continuing Operations	2,175	7,239	11,391	1,594	-3,714	3,377	5,873	5,248	1,644	4,280
Consolidated Net Income / (Loss)	2,175	7,239	11,391	1,594	-3,714	3,377	5,873	5,248	1,644	4,280
Depreciation Expense	2,363	1,977	1,629	1,605	1,395	1,341	1,356	1,318	1,168	1,078
Non-Cash Adjustments To Reconcile Net Income	519	-1,212	-3,595	971	4,630	737	365	-1,094	-962	47
Changes in Operating Assets and Liabilities, net	-866	-975	1,388	1,847	-200	-647	-21	-1,824	1,113	308
Net Cash From Investing Activities	-2,463	-1,790	-1,488	-1,872	-3,079	-3,688	-2,471	-1,146	-3,158	-5,738
Net Cash From Continuing Investing Activities	-2,463	-1,790	-1,488	-1,872	-3,079	-3,688	-2,471	-1,146	-3,158	-5,738
Purchase of Property, Plant & Equipment	-1,859	-2,155	-1,888	-1,860	-2,920	-3,873	-2,639	-1,832	-2,844	-5,764
Acquisitions	-625	-263	-306	-	-	-	-	-	-	-
Purchase of Investments	-1,100	0.00	-75	-310	-316	-98	-1.00	-10	-	-
Sale of Property, Plant & Equipment	1,082	392	4.00	27	51	86	12	86	156	70
Sale and/or Maturity of Investments	145	204	787	269	236	166	45	326	-	-
Other Investing Activities, net	-106	32	-10	2.00	-130	31	112	-34	-470	-44
Net Cash From Financing Activities	-3,305	-8,092	-6,388	-3,470	1,791	-2,511	-5,167	-2,111	-178	-2,117
Net Cash From Continuing Financing Activities	-3,305	-8,092	-6,388	-3,470	1,791	-2,511	-5,167	-2,111	-178	-2,117
Repayment of Debt	-4,260	-4,349	-2,953	-3,006	-1,090	-1,038	-1,230	-3,754	-875	-971
Repurchase of Common Equity	-3,451	-8,081	-2,013	-24	-443	-1,650	-4,645	-1,590	-1,042	-1,512
Payment of Dividends	-1,952	-2,045	-1,978	-1,909	-1,864	-1,811	-1,643	-1,515	-1,357	-1,218
Issuance of Debt	6,272	6,260	453	1,443	5,178	1,783	2,184	3,508	2,090	1,169
Issuance of Common Equity	86	123	103	26	10	205	167	1,240	1,006	415
Effect of Exchange Rate Changes	-8.00	43	49	-42	77	-14	-	-	10	9.00

This table details how cash moves in and out of Phillips 66's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-249	101	-807	874	-1,753	-216	510	-3,936	832	2,389	935
Net Cash From Operating Activities	187	1,198	1,132	2,097	-236	2,190	2,685	955	1,199	4,750	3,144
Net Cash From Continuing Operating Activities	187	1,198	1,132	2,097	-236	2,190	2,685	955	1,199	4,750	3,144
Net Income / (Loss) Continuing Operations	526	25	369	1,020	761	1,285	2,143	1,734	2,077	2,012	5,540
Consolidated Net Income / (Loss)	526	25	369	1,020	761	1,285	2,143	1,734	2,077	2,012	5,540
Depreciation Expense	791	819	543	497	504	518	488	495	476	502	430
Non-Cash Adjustments To Reconcile Net Income	-925	221	488	-191	1.00	13	-640	-348	-237	-47	-3,581
Changes in Operating Assets and Liabilities, net	-205	133	-268	771	-1,502	374	694	-926	-1,117	2,283	755
Net Cash From Investing Activities	1,591	-345	-1,780	327	-665	-608	-485	-432	-265	-232	-537
Net Cash From Continuing Investing Activities	1,591	-345	-1,780	327	-665	-608	-485	-432	-265	-232	-537
Purchase of Property, Plant & Equipment	-423	-506	-358	-367	-628	-634	-592	-551	-378	-407	-735
Purchase of Investments	-20	-	-	-	-	-	-	-	-	-	-
Sale of Property, Plant & Equipment	2,034	176	219	685	2.00	22	280	13	77	1.00	1.00
Sale and/or Maturity of Investments	25	23	53	28	41	45	40	59	60	473	165
Other Investing Activities, net	-25	20	-27	-19	-80	-41	50	47	-24	7.00	32
Net Cash From Financing Activities	-2,049	-724	-192	-1,543	-846	-1,825	-1,657	-4,493	-117	-2,242	-1,657
Net Cash From Continuing Financing Activities	-2,049	-724	-192	-1,543	-846	-1,825	-1,657	-4,493	-117	-2,242	-1,657
Repayment of Debt	-1,342	-720	-438	-16	-3,086	-637	-1,194	-1,247	-1,271	-941	-494
Repurchase of Common Equity	-247	-647	-800	-840	-1,164	-1,263	-752	-5,266	-800	-1,253	-694
Payment of Dividends	-483	-496	-490	-505	-461	-480	-480	-541	-544	-537	-469
Issuance of Debt	0.00	1,135	1,518	-196	3,815	535	678	2,559	2,488	453	-
Issuance of Common Equity	23	4.00	18	14	50	20	91	2.00	10	36	-
Effect of Exchange Rate Changes	22	-28	33	-7.00	-6.00	27	-33	34	15	113	-15

This table presents Phillips 66's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	72,582	75,501	76,442	55,594	54,721	58,720	54,302	54,371	51,653	48,580
Total Current Assets	17,910	19,941	21,922	14,697	13,276	14,395	13,209	14,390	12,680	12,256
Cash & Equivalents	1,738	3,323	6,133	3,147	2,514	1,614	3,019	3,119	2,711	3,074
Note & Lease Receivable	11,033	11,730	10,985	6,138	5,688	7,376	5,414	6,424	5,485	-
Inventories, net	3,995	3,750	3,276	3,394	3,893	3,776	3,543	3,395	3,150	3,477
Prepaid Expenses	1,144	1,138	1,528	686	347	495	474	370	422	532
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	22,018	21,460	20,855	19,721
Total Noncurrent Assets	54,672	55,560	54,520	40,897	41,445	44,325	19,075	18,521	18,118	16,603
Long-Term Investments	14,378	15,302	14,950	14,471	13,624	14,571	14,421	13,941	13,534	12,143
Goodwill	1,575	1,550	1,486	1,484	1,425	3,270	3,270	3,270	3,270	3,275
Intangible Assets	1,161	920	831	813	843	869	869	876	888	906
Other Noncurrent Operating Assets	37,558	37,788	37,253	24,129	25,553	25,615	515	434	426	279
Total Liabilities & Shareholders' Equity	72,582	75,501	76,442	55,594	54,721	58,720	54,302	54,371	51,653	48,580
Total Liabilities	44,119	43,851	42,336	33,957	33,198	31,551	27,149	26,943	27,928	24,642
Total Current Liabilities	15,087	15,856	15,889	12,801	9,518	11,646	8,935	10,107	9,463	7,531
Short-Term Debt	1,831	1,482	529	1,489	987	547	67	41	550	44
Accounts Payable	10,304	10,901	11,323	8,461	5,549	8,575	6,586	8,027	7,061	5,655
Current Deferred & Payable Income Tax Liabilities	1,060	1,200	1,397	1,254	1,351	979	1,116	1,002	805	878
Current Employee Benefit Liabilities	732	863	764	638	573	710	724	582	527	576
Other Current Liabilities	1,160	1,410	1,876	959	1,058	835	442	455	520	378
Total Noncurrent Liabilities	29,032	27,995	26,447	21,156	23,680	19,905	18,214	16,836	18,465	17,111
Long-Term Debt	18,231	17,877	16,661	12,959	14,906	11,216	11,093	10,069	9,588	8,843
Asset Retirement Reserve & Litigation Obligation	1,129	864	879	727	657	638	624	641	655	665
Noncurrent Deferred Revenue	1,868	1,200	1,299	940	1,132	1,454	355	234	263	277
Noncurrent Deferred & Payable Income Tax Liabilities	7,101	7,424	6,671	5,475	5,644	5,553	5,275	5,008	6,743	6,041
Noncurrent Employee Benefit Liabilities	703	630	937	1,055	1,341	1,044	867	884	1,216	1,285
Total Equity & Noncontrolling Interests	28,463	31,650	34,106	21,637	21,523	27,169	27,153	27,428	23,725	23,938
Total Preferred & Common Equity	27,408	30,583	29,494	19,166	18,984	24,910	24,653	25,085	22,390	23,100
Total Common Equity	27,408	30,583	29,494	19,166	18,984	24,910	24,653	25,085	22,390	23,100
Common Stock	19,795	19,657	19,798	20,511	20,389	20,307	19,879	19,774	19,565	19,151
Retained Earnings	30,771	30,550	25,432	16,216	16,500	22,064	20,489	16,306	12,608	12,348
Treasury Stock	-22,751	-19,342	-15,276	-17,116	-17,116	-16,673	-15,023	-10,378	-8,788	-7,746
Accumulated Other Comprehensive Income / (Loss)	-407	-282	-460	-445	-789	-788	-692	-617	-995	-653
Noncontrolling Interest	1,055	1,067	4,612	2,471	2,539	2,259	2,500	2,343	1,335	838

This table presents Phillips 66's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	71,838	72,582	75,080	75,945	76,399	75,501	77,786	74,886	77,262	76,442	77,339
Total Current Assets	18,279	17,910	19,307	20,916	20,704	19,941	22,496	19,898	22,670	21,922	23,270
Cash & Equivalents	1,489	1,738	1,637	2,444	1,570	3,323	3,539	3,029	6,965	6,133	3,744
Note & Lease Receivable	10,221	11,033	10,440	10,887	11,532	11,730	11,976	9,458	8,123	10,985	11,606
Inventories, net	5,240	3,995	6,037	6,522	6,286	3,750	5,732	6,380	5,445	3,276	4,294
Prepaid Expenses	1,329	1,144	1,193	1,063	1,316	1,138	1,249	1,031	934	1,528	1,580
Plant, Property, & Equipment, net	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Noncurrent Assets	53,559	54,672	55,773	55,029	55,695	55,560	55,290	54,988	54,592	54,520	54,069
Long-Term Investments	13,359	14,378	15,222	15,191	15,592	15,302	15,316	15,532	15,289	14,950	14,772
Goodwill	1,575	1,575	1,574	1,553	1,553	1,550	1,555	1,486	1,486	1,486	1,486
Intangible Assets	1,167	1,161	1,157	901	911	920	926	786	793	831	845
Other Noncurrent Operating Assets	37,458	37,558	37,820	37,384	37,639	37,788	37,493	37,184	37,024	37,253	36,966
Total Liabilities & Shareholders' Equity	71,838	72,582	75,080	75,945	76,399	75,501	77,786	74,886	77,262	76,442	77,339
Total Liabilities	43,485	44,119	45,296	45,438	45,606	43,851	45,797	43,826	42,346	42,336	44,030
Total Current Liabilities	14,883	15,087	15,922	18,271	17,667	15,856	17,416	14,971	14,705	15,889	17,882
Short-Term Debt	1,061	1,831	1,522	2,780	2,325	1,482	913	832	825	529	1,032
Accounts Payable	10,725	10,304	10,906	12,322	12,474	10,901	12,710	10,436	10,569	11,323	12,317
Current Deferred & Payable Income Tax Liabilities	1,247	1,060	1,206	1,368	1,087	1,200	1,345	1,181	1,388	1,397	1,836
Current Employee Benefit Liabilities	372	732	676	551	459	863	777	557	436	764	714
Other Current Liabilities	1,478	1,160	1,612	1,250	1,322	1,410	1,671	1,965	1,487	1,876	1,983
Total Noncurrent Liabilities	28,602	29,032	29,374	27,167	27,939	27,995	28,381	28,855	27,641	26,447	26,148
Long-Term Debt	17,742	18,231	18,476	17,180	17,829	17,877	18,531	19,034	17,660	16,661	16,625
Asset Retirement Reserve & Litigation Obligation	1,151	1,129	1,102	939	919	864	869	876	872	879	862
Noncurrent Deferred Revenue	2,047	1,868	1,877	1,198	1,210	1,200	1,166	1,202	1,365	1,299	1,301
Noncurrent Deferred & Payable Income Tax Liabilities	6,972	7,101	7,257	7,224	7,368	7,424	7,234	6,819	6,813	6,671	6,339
Noncurrent Employee Benefit Liabilities	690	703	662	626	613	630	581	924	931	937	1,021
Total Equity & Noncontrolling Interests	28,353	28,463	29,784	30,507	30,793	31,650	31,989	31,060	34,916	34,106	33,309
Total Preferred & Common Equity	27,273	27,408	28,722	29,455	29,726	30,583	30,821	29,898	30,249	29,494	28,233
Total Common Equity	27,273	27,408	28,722	29,455	29,726	30,583	30,821	29,898	30,249	29,494	28,233
Common Stock	19,796	19,795	19,766	19,724	19,681	19,657	19,610	19,470	19,802	19,798	19,745
Retained Earnings	30,785	30,771	31,237	31,372	30,846	30,550	29,751	28,122	26,903	25,432	24,008
Treasury Stock	-22,995	-22,751	-22,140	-	-20,489	-19,342	-18,155	-17,422	-16,083	-15,276	-14,526
Accumulated Other Comprehensive Income / (Loss)	-313	-407	-141	-309	-312	-282	-385	-272	-373	-460	-994
Noncontrolling Interest	1,080	1,055	1,062	1,052	1,067	1,067	1,168	1,162	4,667	4,612	5,076

This table displays calculated financial ratios and metrics derived from Phillips 66's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-2.86%	-13.55%	51.20%	74.85%	-40.22%	-4.13%	9.11%	22.08%	-15.00%	-38.51%
EBITDA Growth	-51.84%	-26.91%	330.13%	227.88%	-151.36%	-35.77%	75.20%	43.66%	-50.26%	6.07%
EBIT Growth	-65.44%	-32.06%	557.39%	151.98%	-196.31%	-41.68%	99.07%	57.89%	-60.20%	5.69%
NOPAT Growth	-64.47%	-21.25%	468.93%	154.10%	-186.55%	-41.03%	5.15%	219.99%	-58.61%	5.61%
Net Income Growth	-69.95%	-36.45%	614.62%	142.92%	-209.98%	-42.50%	11.91%	219.22%	-61.59%	-10.78%
EPS Growth	-67.76%	-33.48%	683.50%	132.78%	-233.83%	-42.63%	19.80%	237.33%	-62.23%	-7.20%
Operating Cash Flow Growth	-40.38%	-34.99%	79.71%	185.03%	-56.09%	-36.51%	107.59%	23.12%	-48.14%	61.89%
Free Cash Flow Firm Growth	-50.90%	373.43%	-144.45%	366.91%	-195.13%	-69.31%	91.23%	65.64%	-13.53%	144.88%
Invested Capital Growth	0.08%	7.19%	63.61%	-13.21%	-6.46%	8.98%	1.93%	16.23%	0.06%	15.27%
Revenue Q/Q Growth	-2.93%	-1.65%	4.81%	16.69%	-16.95%	0.30%	-0.31%	6.61%	1.94%	-11.83%
EBITDA Q/Q Growth	-15.65%	-5.57%	33.96%	175.70%	-246.89%	-16.03%	31.78%	14.58%	-16.53%	-6.54%
EBIT Q/Q Growth	-28.16%	-6.70%	39.28%	15,573.33%	-97.39%	-19.79%	39.55%	18.91%	-23.01%	-7.67%
NOPAT Q/Q Growth	-29.24%	-11.16%	13.42%	16,397.71%	-99.78%	-21.91%	-17.24%	137.82%	-19.45%	-9.77%
Net Income Q/Q Growth	-36.68%	-9.13%	5.96%	688.19%	-54.11%	-30.84%	-13.78%	139.96%	-22.31%	-10.31%
EPS Q/Q Growth	-36.03%	-8.40%	6.40%	353.85%	-46.60%	-31.27%	-11.01%	146.87%	-23.36%	-10.01%
Operating Cash Flow Q/Q Growth	-19.14%	-26.70%	37.52%	23.91%	-33.32%	-33.71%	41.16%	53.02%	-21.88%	12.28%
Free Cash Flow Firm Q/Q Growth	-22.99%	-35.36%	62.18%	48.73%	-190.42%	-55.20%	34.76%	129.97%	-20.06%	-12.97%
Invested Capital Q/Q Growth	-1.56%	-0.60%	-6.89%	-0.45%	-1.50%	0.64%	-4.68%	9.43%	0.36%	0.27%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	10.53%	14.34%	13.32%	10.75%	11.80%	12.71%	14.21%	24.10%	27.11%	27.21%
EBITDA Margin	4.09%	8.25%	9.76%	3.43%	-4.69%	5.46%	8.15%	5.08%	4.31%	7.37%
Operating Margin	2.31%	6.71%	7.23%	1.63%	-6.91%	4.13%	6.88%	3.82%	2.86%	6.23%
EBIT Margin	2.47%	6.93%	8.82%	2.03%	-6.82%	4.24%	6.96%	3.82%	2.95%	6.30%
Profit (Net Income) Margin	1.50%	4.84%	6.59%	1.39%	-5.68%	3.09%	5.14%	5.02%	1.92%	4.24%
Tax Burden Percent	81.31%	76.45%	77.81%	91.61%	74.82%	80.83%	78.89%	147.62%	75.03%	70.81%
Interest Burden Percent	74.68%	91.35%	95.94%	74.97%	111.18%	90.12%	93.66%	89.03%	86.64%	95.12%
Effective Tax Rate	18.69%	23.55%	22.19%	8.39%	0.00%	19.17%	21.11%	-47.62%	24.97%	29.19%
Return on Invested Capital (ROIC)	8.41%	24.50%	40.00%	8.61%	-14.37%	16.76%	29.98%	30.95%	10.46%	27.07%
ROIC Less NNEP Spread (ROIC-NNEP)	-15.05%	51.60%	-6.87%	15.48%	9.23%	21.95%	34.89%	40.85%	13.64%	29.68%
Return on Net Nonoperating Assets (RNNOA)	-1.17%	-2.48%	0.87%	-1.22%	-0.88%	-4.33%	-8.46%	-10.43%	-3.56%	-8.45%
Return on Equity (ROE)	7.24%	22.02%	40.87%	7.39%	-15.26%	12.43%	21.52%	20.52%	6.90%	18.62%
Cash Return on Invested Capital (CROIC)	8.33%	17.56%	-8.26%	22.76%	-7.70%	8.17%	28.07%	15.93%	10.40%	12.89%
Operating Return on Assets (OROA)	4.84%	13.64%	23.11%	4.21%	-7.87%	8.20%	14.63%	7.53%	5.05%	13.06%
Return on Assets (ROA)	2.94%	9.53%	17.25%	2.89%	-6.55%	5.98%	10.81%	9.90%	3.28%	8.80%
Return on Common Equity (ROCE)	6.98%	20.12%	35.68%	6.53%	-13.75%	11.34%	19.61%	19.04%	6.58%	18.10%
Return on Equity Simple (ROE_SIMPLE)	7.94%	23.67%	38.62%	8.32%	-19.56%	13.56%	23.82%	20.92%	7.34%	18.53%
Net Operating Profit after Tax (NOPAT)	2,724	7,667	9,736	1,711	-3,163	3,655	6,198	5,895	1,842	4,451
NOPAT Margin	1.88%	5.13%	5.63%	1.50%	-4.83%	3.34%	5.43%	5.63%	2.15%	4.41%
Net Nonoperating Expense Percent (NNEP)	23.45%	-27.10%	46.87%	-6.87%	-23.60%	-5.20%	-4.91%	-9.90%	-3.19%	-2.61%
Return On Investment Capital (ROIC_SIMPLE)	5.61%	15.03%	18.98%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	89.47%	85.66%	86.68%	89.25%	88.20%	87.29%	85.79%	75.90%	72.89%	72.79%
SG&A Expenses to Revenue	6.03%	5.80%	4.79%	6.02%	9.33%	6.17%	5.74%	6.11%	6.90%	5.91%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	8.22%	7.63%	6.08%	9.12%	18.71%	8.58%	7.33%	20.28%	24.25%	20.97%
Earnings before Interest and Taxes (EBIT)	3,582	10,366	15,258	2,321	-4,465	4,636	7,949	3,993	2,529	6,354
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	5,945	12,343	16,887	3,926	-3,070	5,977	9,305	5,311	3,697	7,432
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.72	1.85	1.55	1.49	1.39	1.62	1.27	1.56	1.49	1.36
Price to Tangible Book Value (P/TBV)	1.91	2.02	1.68	1.70	1.57	1.95	1.53	1.87	1.83	1.66
Price to Revenue (P/Rev)	0.32	0.38	0.26	0.25	0.40	0.37	0.27	0.38	0.39	0.31
Price to Earnings (P/E)	22.23	8.09	4.15	21.74	0.00	13.15	5.60	7.69	21.45	7.42
Dividend Yield	3.95%	3.26%	3.95%	5.54%	5.98%	3.84%	4.56%	3.52%	3.83%	3.71%
Earnings Yield	4.50%	12.37%	24.08%	4.60%	0.00%	7.60%	17.86%	13.01%	4.66%	13.48%
Enterprise Value to Invested Capital (EV/IC)	1.61	1.81	1.54	1.51	1.34	1.68	1.32	1.69	1.62	1.47
Enterprise Value to Revenue (EV/Rev)	0.36	0.39	0.27	0.24	0.44	0.35	0.24	0.33	0.33	0.26
Enterprise Value to EBITDA (EV/EBITDA)	8.76	4.74	2.75	7.11	0.00	6.41	2.96	6.52	7.73	3.48
Enterprise Value to EBIT (EV/EBIT)	14.53	5.65	3.05	12.03	0.00	8.26	3.47	8.68	11.30	4.07
Enterprise Value to NOPAT (EV/NOPAT)	19.11	7.63	4.78	16.32	0.00	10.48	4.45	5.88	15.52	5.81
Enterprise Value to Operating Cash Flow (EV/OCF)	12.42	8.33	4.30	4.64	13.55	7.96	3.64	9.50	9.65	4.53
Enterprise Value to Free Cash Flow (EV/FCFF)	19.29	10.65	0.00	6.18	0.00	21.50	4.75	11.42	15.60	12.21
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.70	0.61	0.50	0.67	0.74	0.43	0.41	0.37	0.43	0.37
Long-Term Debt to Equity	0.64	0.56	0.49	0.60	0.69	0.41	0.41	0.37	0.40	0.37
Financial Leverage	0.08	-0.05	-0.13	-0.08	-0.10	-0.20	-0.24	-0.26	-0.26	-0.28
Leverage Ratio	2.46	2.31	2.37	2.56	2.33	2.08	1.99	2.07	2.10	2.12
Compound Leverage Factor	1.84	2.11	2.27	1.92	2.59	1.88	1.86	1.85	1.82	2.01
Debt to Total Capital	41.34%	37.95%	33.51%	40.04%	42.48%	30.21%	29.13%	26.93%	29.94%	27.07%
Short-Term Debt to Total Capital	3.77%	2.91%	1.03%	4.13%	2.64%	1.41%	0.17%	0.11%	1.62%	0.13%
Long-Term Debt to Total Capital	37.57%	35.05%	32.48%	35.91%	39.84%	28.81%	28.95%	26.82%	28.31%	26.94%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.17%	2.09%	8.99%	6.85%	6.79%	5.80%	6.53%	6.24%	3.94%	2.55%
Common Equity to Total Capital	56.48%	59.96%	57.50%	53.11%	50.74%	63.98%	64.35%	66.83%	66.12%	70.37%
Debt to EBITDA	3.37	1.57	1.02	3.68	-5.18	1.97	1.20	1.90	2.74	1.20
Net Debt to EBITDA	0.66	0.06	-0.23	-0.81	0.08	-0.74	-0.67	-1.31	-1.65	-0.85
Long-Term Debt to EBITDA	3.07	1.45	0.99	3.30	-4.86	1.88	1.19	1.90	2.59	1.19
Debt to NOPAT	7.37	2.52	1.77	8.44	-5.02	3.22	1.80	1.72	5.50	2.00
Net Debt to NOPAT	1.45	0.10	-0.40	-1.85	0.08	-1.21	-1.01	-1.18	-3.32	-1.42
Long-Term Debt to NOPAT	6.69	2.33	1.71	7.57	-4.71	3.07	1.79	1.71	5.21	1.99
Altman Z-Score	3.44	3.84	4.13	3.15	1.91	3.48	3.90	3.56	2.95	3.74
Noncontrolling Interest Sharing Ratio	3.53%	8.64%	12.71%	11.61%	9.85%	8.76%	8.87%	7.19%	4.56%	2.80%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.19	1.26	1.38	1.15	1.39	1.24	1.48	1.42	1.34	1.63
Quick Ratio	0.85	0.95	1.08	0.83	0.95	0.87	1.03	1.05	0.96	1.10
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	2,699	5,496	-2,010	4,522	-1,694	1,781	5,803	3,035	1,832	2,119
Operating Cash Flow to CapEx	539.38%	398.70%	573.94%	328.26%	73.58%	126.96%	288.28%	208.93%	110.23%	100.33%
Free Cash Flow to Firm to Interest Expense	2.98	6.13	-3.25	7.78	-3.40	3.89	11.51	6.93	5.42	6.83
Operating Cash Flow to Interest Expense	4.62	7.84	17.47	10.36	4.23	10.50	15.03	8.33	8.77	18.43
Operating Cash Flow Less CapEx to Interest Expense	3.76	5.87	14.42	7.20	-1.52	2.23	9.81	4.34	0.81	0.06
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.96	1.97	2.62	2.07	1.15	1.94	2.10	1.97	1.71	2.07
Accounts Receivable Turnover	0.00	0.00	0.00	105.63	66.49	115.63	124.02	104.94	28.17	16.23
Inventory Turnover	33.56	36.46	44.96	28.02	15.05	26.10	28.23	24.27	18.85	21.36
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	5.25	4.94	4.22	5.44
Accounts Payable Turnover	12.26	11.53	15.16	14.58	8.17	12.60	13.40	10.53	9.83	10.70
Days Sales Outstanding (DSO)	0.00	0.00	0.00	3.46	5.49	3.16	2.94	3.48	12.96	22.49
Days Inventory Outstanding (DIO)	10.88	10.01	8.12	13.03	24.25	13.98	12.93	15.04	19.36	17.09
Days Payable Outstanding (DPO)	29.78	31.67	24.08	25.04	44.67	28.96	27.23	34.68	37.15	34.11
Cash Conversion Cycle (CCC)	-18.90	-21.65	-15.96	-8.56	-14.92	-11.82	-11.36	-16.16	-4.83	5.47
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	32,409	32,384	30,213	18,467	21,278	22,747	20,873	20,478	17,618	17,608
Invested Capital Turnover	4.48	4.78	7.11	5.76	2.97	5.02	5.52	5.49	4.87	6.13
Increase / (Decrease) in Invested Capital	25	2,171	11,746	-2,811	-1,469	1,874	395	2,860	10	2,332
Enterprise Value (EV)	52,053	58,519	46,507	27,927	28,597	38,288	27,553	34,647	28,587	25,858
Market Capitalization	47,052	56,718	45,788	28,626	26,303	40,451	31,333	39,254	33,359	31,350
Book Value per Share	$66.36	$69.51	$62.40	$43.75	$43.46	$56.06	$53.46	$49.50	$42.99	$43.30
Tangible Book Value per Share	$59.74	$63.90	$57.50	$38.50	$38.27	$46.74	$44.49	$41.32	$35.00	$35.47
Total Capital	48,525	51,009	51,296	36,085	37,416	38,932	38,313	37,538	33,863	32,825
Total Debt	20,062	19,359	17,190	14,448	15,893	11,763	11,160	10,110	10,138	8,887
Total Long-Term Debt	18,231	17,877	16,661	12,959	14,906	11,216	11,093	10,069	9,588	8,843
Net Debt	3,946	734	-3,893	-3,170	-245	-4,422	-6,280	-6,950	-6,107	-6,330
Capital Expenditures (CapEx)	777	1,763	1,884	1,833	2,869	3,787	2,627	1,746	2,688	5,694
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,916	2,244	429	238	2,231	1,682	1,322	1,205	1,056	1,695
Debt-free Net Working Capital (DFNWC)	4,654	5,567	6,562	3,385	4,745	3,296	4,341	4,324	3,767	4,769
Net Working Capital (NWC)	2,823	4,085	6,033	1,896	3,758	2,749	4,274	4,283	3,217	4,725
Net Nonoperating Expense (NNE)	549	428	-1,655	117	551	278	325	647	198	171
Net Nonoperating Obligations (NNO)	3,946	734	-3,893	-3,170	-245	-4,422	-6,280	-6,950	-6,107	-6,330
Total Depreciation and Amortization (D&A)	2,363	1,977	1,629	1,605	1,395	1,341	1,356	1,318	1,168	1,078
Debt-free, Cash-free Net Working Capital to Revenue	2.01%	1.50%	0.25%	0.21%	3.41%	1.54%	1.16%	1.15%	1.23%	1.68%
Debt-free Net Working Capital to Revenue	3.20%	3.72%	3.79%	2.96%	7.25%	3.01%	3.80%	4.13%	4.40%	4.73%
Net Working Capital to Revenue	1.94%	2.73%	3.49%	1.66%	5.74%	2.51%	3.74%	4.09%	3.75%	4.69%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$5.01	$15.56	$23.36	$2.97	($9.06)	$6.80	$11.87	$9.90	$2.94	$7.78
Adjusted Weighted Average Basic Shares Outstanding	420.17M	450.14M	471.50M	440.03M	439.53M	451.36M	470.71M	515.09M	527.53M	542.36M
Adjusted Diluted Earnings per Share	$4.99	$15.48	$23.27	$2.97	($9.06)	$6.77	$11.80	$9.85	$2.92	$7.73
Adjusted Weighted Average Diluted Shares Outstanding	421.89M	453.21M	473.73M	440.36M	439.53M	453.89M	474.05M	518.51M	530.07M	546.98M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	407.70M	427.82M	463.91M	438.46M	436.93M	439.45M	454.91M	501.24M	517.82M	527.46M
Normalized Net Operating Profit after Tax (NOPAT)	3,095	7,685	9,783	3,084	-187	4,351	6,204	2,812	1,846	4,456
Normalized NOPAT Margin	2.13%	5.14%	5.66%	2.70%	-0.29%	3.98%	5.43%	2.69%	2.15%	4.42%
Pre Tax Income Margin	1.84%	6.33%	8.46%	1.52%	-7.59%	3.82%	6.52%	3.40%	2.56%	5.99%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.95	11.56	24.65	3.99	-8.95	10.12	15.77	9.12	7.48	20.50
NOPAT to Interest Expense	3.00	8.55	15.73	2.95	-6.34	7.98	12.30	13.46	5.45	14.36
EBIT Less CapEx to Interest Expense	3.09	9.59	21.61	0.84	-14.70	1.85	10.56	5.13	-0.47	2.13
NOPAT Less CapEx to Interest Expense	2.15	6.58	12.68	-0.21	-12.09	-0.29	7.09	9.47	-2.50	-4.01
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	89.75%	28.25%	17.36%	119.76%	-50.19%	53.63%	27.98%	28.87%	82.54%	28.46%
Augmented Payout Ratio	248.41%	139.88%	35.04%	121.27%	-62.12%	102.49%	107.07%	59.17%	145.92%	63.79%

This table displays calculated financial ratios and metrics derived from Phillips 66's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-15.69%	-11.37%	-10.49%	8.51%	3.70%	-6.12%	-11.87%	-27.72%	-4.95%	23.97%	45.33%
EBITDA Growth	-2.06%	-60.99%	-66.35%	-32.15%	-48.93%	-25.99%	-54.53%	-34.65%	155.11%	83.47%	706.88%
EBIT Growth	-27.04%	-92.17%	-78.84%	-38.57%	-58.11%	-31.09%	-58.53%	-40.79%	195.22%	118.40%	1,121.37%
NOPAT Growth	-18.84%	-91.70%	-78.20%	-35.60%	-60.91%	-42.40%	-31.09%	-43.29%	151.76%	104.74%	409.46%
Net Income Growth	-30.88%	-98.05%	-82.78%	-41.18%	-63.36%	-36.13%	-61.32%	-45.51%	216.13%	46.75%	1,035.25%
EPS Growth	-31.79%	-97.91%	-82.52%	-36.02%	-58.81%	-33.10%	-57.97%	-43.03%	225.58%	48.44%	1,126.37%
Operating Cash Flow Growth	179.24%	-45.30%	-57.84%	119.58%	-119.68%	-53.89%	-14.60%	-46.44%	5.55%	163.89%	42.71%
Free Cash Flow Firm Growth	223.38%	109.66%	-92.86%	107.37%	82.57%	90.88%	120.45%	-429.73%	-410.96%	-341.82%	-385.54%
Invested Capital Growth	-4.37%	0.08%	1.06%	1.44%	8.47%	7.19%	0.39%	57.44%	66.07%	63.61%	74.92%
Revenue Q/Q Growth	-10.31%	-5.32%	-6.71%	6.43%	-5.93%	-4.38%	13.09%	1.71%	-14.64%	-10.24%	-7.24%
EBITDA Q/Q Growth	70.43%	-17.81%	-41.88%	20.30%	-25.72%	-29.10%	17.20%	-9.46%	-1.63%	-56.44%	68.46%
EBIT Q/Q Growth	460.65%	-75.86%	-58.37%	29.47%	-32.48%	-34.77%	20.88%	-11.71%	-1.01%	-60.74%	72.59%
NOPAT Q/Q Growth	550.13%	-78.28%	-58.37%	38.92%	-32.91%	-42.95%	22.96%	-15.68%	-2.61%	-31.75%	1.19%
Net Income Q/Q Growth	2,004.00%	-93.22%	-63.82%	34.03%	-40.78%	-40.04%	23.59%	-16.51%	3.23%	-63.68%	74.10%
EPS Q/Q Growth	1,866.67%	-92.68%	-65.55%	37.57%	-39.72%	-38.81%	26.08%	-11.43%	-2.10%	-61.56%	70.90%
Operating Cash Flow Q/Q Growth	-84.39%	5.83%	-46.02%	988.56%	-110.78%	-18.44%	181.15%	-20.35%	-74.76%	51.08%	76.33%
Free Cash Flow Firm Q/Q Growth	2,513.64%	-45.94%	-78.92%	141.29%	-100.76%	-139.95%	121.75%	2.33%	-7.44%	10.38%	-450.62%
Invested Capital Q/Q Growth	-0.31%	-1.56%	0.28%	-2.82%	4.33%	-0.60%	0.66%	3.91%	3.09%	-6.89%	57.85%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	9.72%	9.97%	10.77%	10.46%	10.88%	12.19%	14.83%	14.23%	16.27%	14.39%	15.51%
EBITDA Margin	5.42%	2.85%	3.28%	5.27%	4.66%	6.48%	8.74%	8.43%	9.47%	8.22%	16.94%
Operating Margin	2.84%	0.45%	1.55%	3.99%	3.01%	4.65%	7.46%	6.76%	8.05%	7.00%	9.39%
EBIT Margin	2.84%	0.45%	1.78%	3.99%	3.28%	5.13%	7.53%	7.04%	8.11%	7.00%	16.00%
Profit (Net Income) Margin	1.72%	0.07%	1.02%	2.64%	2.09%	3.33%	5.32%	4.87%	5.93%	4.90%	12.11%
Tax Burden Percent	81.17%	-192.31%	89.35%	77.80%	78.94%	72.97%	76.18%	77.27%	78.35%	78.99%	77.40%
Interest Burden Percent	74.57%	-8.39%	64.33%	85.02%	80.94%	88.98%	92.72%	89.40%	93.25%	88.68%	97.84%
Effective Tax Rate	18.83%	0.00%	10.65%	22.20%	21.06%	27.03%	23.82%	22.73%	21.65%	21.01%	22.60%
Return on Invested Capital (ROIC)	9.72%	1.42%	6.32%	14.64%	11.04%	16.20%	26.58%	31.11%	43.25%	39.27%	47.03%
ROIC Less NNEP Spread (ROIC-NNEP)	4.56%	-2.14%	-0.67%	4.74%	37.46%	17.59%	136.05%	40.63%	46.96%	46.54%	-105.52%
Return on Net Nonoperating Assets (RNNOA)	0.54%	-0.17%	-0.04%	0.28%	-0.44%	-0.84%	-0.56%	-1.98%	-5.87%	-5.90%	5.69%
Return on Equity (ROE)	10.26%	1.26%	6.28%	14.92%	10.60%	15.36%	26.01%	29.13%	37.37%	33.37%	52.72%
Cash Return on Invested Capital (CROIC)	12.23%	8.33%	10.70%	15.91%	11.34%	17.56%	26.15%	-8.16%	-5.29%	-8.26%	-20.84%
Operating Return on Assets (OROA)	5.34%	0.89%	3.48%	8.13%	6.43%	10.11%	14.76%	16.11%	20.14%	18.33%	39.47%
Return on Assets (ROA)	3.23%	0.14%	2.00%	5.38%	4.11%	6.56%	10.42%	11.13%	14.71%	12.84%	29.89%
Return on Common Equity (ROCE)	9.89%	1.21%	6.06%	14.38%	9.67%	14.03%	23.53%	28.36%	34.12%	29.13%	45.35%
Return on Equity Simple (ROE_SIMPLE)	7.11%	0.00%	11.96%	17.68%	19.93%	0.00%	25.85%	38.01%	42.35%	0.00%	38.08%
Net Operating Profit after Tax (NOPAT)	705	109	499	1,200	864	1,307	2,291	1,863	2,209	2,269	3,324
NOPAT Margin	2.30%	0.32%	1.38%	3.10%	2.38%	3.39%	5.68%	5.23%	6.31%	5.53%	7.27%
Net Nonoperating Expense Percent (NNEP)	5.16%	3.57%	7.00%	9.90%	-26.42%	-1.39%	-109.48%	-9.52%	-3.71%	-7.27%	152.55%
Return On Investment Capital (ROIC_SIMPLE)	1.50%	0.22%	-	-	-	2.56%	-	-	-	4.42%	-
Cost of Revenue to Revenue	90.28%	90.03%	89.23%	89.54%	89.12%	87.81%	85.17%	85.77%	83.73%	85.61%	84.49%
SG&A Expenses to Revenue	6.99%	6.12%	7.46%	5.07%	5.53%	5.75%	5.71%	5.55%	6.23%	5.74%	4.87%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	6.89%	9.52%	9.22%	6.47%	7.87%	7.54%	7.37%	7.46%	8.22%	7.39%	6.12%
Earnings before Interest and Taxes (EBIT)	869	155	642	1,542	1,191	1,979	3,034	2,510	2,843	2,872	7,316
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	1,660	974	1,185	2,039	1,695	2,497	3,522	3,005	3,319	3,374	7,746
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.85	1.72	1.92	2.02	2.38	1.85	1.68	1.40	1.47	1.55	1.28
Price to Tangible Book Value (P/TBV)	2.05	1.91	2.12	2.20	2.59	2.02	1.83	1.52	1.60	1.68	1.40
Price to Revenue (P/Rev)	0.36	0.32	0.37	0.39	0.47	0.38	0.34	0.27	0.26	0.26	0.22
Price to Earnings (P/E)	27.12	22.23	16.33	11.59	12.19	8.09	6.78	3.84	3.60	4.15	3.47
Dividend Yield	3.73%	3.95%	3.35%	3.07%	2.61%	3.26%	3.54%	4.42%	4.12%	3.95%	5.03%
Earnings Yield	3.69%	4.50%	6.12%	8.63%	8.21%	12.37%	14.75%	26.05%	27.80%	24.08%	28.81%
Enterprise Value to Invested Capital (EV/IC)	1.71	1.61	1.80	1.91	2.21	1.81	1.64	1.37	1.46	1.54	1.24
Enterprise Value to Revenue (EV/Rev)	0.40	0.36	0.40	0.41	0.50	0.39	0.35	0.28	0.27	0.27	0.24
Enterprise Value to EBITDA (EV/EBITDA)	9.60	8.76	8.40	6.64	6.98	4.74	4.10	3.11	2.41	2.75	3.20
Enterprise Value to EBIT (EV/EBIT)	17.76	14.53	11.88	8.44	8.58	5.65	4.82	3.58	2.66	3.05	3.68
Enterprise Value to NOPAT (EV/NOPAT)	21.60	19.11	15.38	11.10	11.83	7.63	6.20	4.61	4.11	4.78	4.70
Enterprise Value to Operating Cash Flow (EV/OCF)	12.00	12.42	11.43	9.31	13.37	8.33	5.58	4.42	4.18	4.30	5.13
Enterprise Value to Free Cash Flow (EV/FCFF)	13.70	19.29	16.90	12.09	20.31	10.65	6.30	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.66	0.70	0.67	0.65	0.65	0.61	0.61	0.64	0.53	0.50	0.53
Long-Term Debt to Equity	0.63	0.64	0.62	0.56	0.58	0.56	0.58	0.61	0.51	0.49	0.50
Financial Leverage	0.12	0.08	0.06	0.06	-0.01	-0.05	0.00	-0.05	-0.13	-0.13	-0.05
Leverage Ratio	2.51	2.46	2.47	2.45	2.34	2.31	2.38	2.48	2.42	2.37	2.48
Compound Leverage Factor	1.87	-0.21	1.59	2.08	1.89	2.06	2.20	2.21	2.25	2.10	2.43
Debt to Total Capital	39.87%	41.34%	40.17%	39.55%	39.56%	37.95%	37.80%	39.01%	34.62%	33.51%	34.64%
Short-Term Debt to Total Capital	2.25%	3.77%	3.06%	5.51%	4.56%	2.91%	1.78%	1.63%	1.54%	1.03%	2.02%
Long-Term Debt to Total Capital	37.62%	37.57%	37.11%	34.04%	35.00%	35.05%	36.03%	37.38%	33.07%	32.48%	32.62%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.29%	2.17%	2.13%	2.08%	2.09%	2.09%	2.27%	2.28%	8.74%	8.99%	9.96%
Common Equity to Total Capital	57.84%	56.48%	57.70%	58.36%	58.35%	59.96%	59.92%	58.71%	56.65%	57.50%	55.40%
Debt to EBITDA	3.26	3.37	2.84	2.11	1.88	1.57	1.49	1.39	0.98	1.02	1.40
Net Debt to EBITDA	0.69	0.66	0.45	0.25	0.28	0.06	0.05	0.09	-0.20	-0.23	-0.07
Long-Term Debt to EBITDA	3.08	3.07	2.62	1.82	1.66	1.45	1.42	1.33	0.93	0.99	1.32
Debt to NOPAT	7.33	7.37	5.19	3.53	3.19	2.52	2.25	2.06	1.67	1.77	2.06
Net Debt to NOPAT	1.54	1.45	0.82	0.41	0.47	0.10	0.07	0.14	-0.34	-0.40	-0.10
Long-Term Debt to NOPAT	6.92	6.69	4.80	3.04	2.82	2.33	2.15	1.97	1.60	1.71	1.94
Altman Z-Score	3.33	3.29	3.39	3.50	3.57	3.47	3.38	3.39	3.58	3.60	3.46
Noncontrolling Interest Sharing Ratio	3.63%	3.53%	3.61%	3.60%	8.73%	8.64%	9.56%	2.62%	8.72%	12.71%	13.98%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.23	1.19	1.21	1.14	1.17	1.26	1.29	1.33	1.54	1.38	1.30
Quick Ratio	0.79	0.85	0.76	0.73	0.74	0.95	0.89	0.83	1.11	1.08	0.97
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	2,182	84	154	733	-1,774	-864	2,163	-9,945	-10,183	-9,477	-10,575
Operating Cash Flow to CapEx	0.00%	363.03%	814.39%	0.00%	-37.70%	357.84%	860.58%	177.51%	398.34%	1,169.95%	428.34%
Free Cash Flow to Firm to Interest Expense	9.88	0.38	0.67	3.17	-7.82	-3.96	9.79	-37.39	-53.03	-49.11	-66.93
Operating Cash Flow to Interest Expense	0.85	5.45	4.94	9.08	-1.04	10.05	12.15	3.59	6.24	24.61	19.90
Operating Cash Flow Less CapEx to Interest Expense	8.14	3.95	4.34	10.45	-3.80	7.24	10.74	1.57	4.68	22.51	15.25
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	1.88	1.96	1.96	2.04	1.96	1.97	1.96	2.29	2.48	2.62	2.47
Accounts Receivable Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	117.66	0.00	93.63
Inventory Turnover	21.73	33.56	22.61	20.96	22.36	36.46	25.81	24.40	29.23	44.96	33.14
Fixed Asset Turnover	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Accounts Payable Turnover	10.80	12.26	11.27	11.88	11.38	11.53	10.34	11.10	12.27	15.16	13.38
Days Sales Outstanding (DSO)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.10	0.00	3.90
Days Inventory Outstanding (DIO)	16.80	10.88	16.14	17.42	16.33	10.01	14.14	14.96	12.49	8.12	11.01
Days Payable Outstanding (DPO)	33.81	29.78	32.39	30.72	32.07	31.67	35.30	32.88	29.74	24.08	27.27
Cash Conversion Cycle (CCC)	-17.01	-18.90	-16.25	-13.31	-15.74	-21.65	-21.16	-17.92	-14.15	-15.96	-12.36
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	32,308	32,409	32,923	32,832	33,785	32,384	32,578	32,365	31,147	30,213	32,450
Invested Capital Turnover	4.22	4.48	4.57	4.72	4.65	4.78	4.68	5.95	6.86	7.11	6.47
Increase / (Decrease) in Invested Capital	-1,477	25	345	467	2,638	2,171	128	11,808	12,392	11,746	13,899
Enterprise Value (EV)	55,378	52,053	59,222	62,732	74,766	58,519	53,546	44,439	45,509	46,507	40,363
Market Capitalization	50,343	47,052	55,021	59,355	70,707	56,718	51,789	41,972	44,611	45,788	36,146
Book Value per Share	$66.90	$66.36	$68.62	$69.48	$69.30	$69.51	$69.22	$65.16	$65.20	$62.40	$58.69
Tangible Book Value per Share	$60.17	$59.74	$62.09	$63.69	$63.55	$63.90	$63.64	$60.21	$60.29	$57.50	$53.84
Total Capital	47,156	48,525	49,782	50,467	50,947	51,009	51,433	50,926	53,401	51,296	50,966
Total Debt	18,803	20,062	19,998	19,960	20,154	19,359	19,444	19,866	18,485	17,190	17,657
Total Long-Term Debt	17,742	18,231	18,476	17,180	17,829	17,877	18,531	19,034	17,660	16,661	16,625
Net Debt	3,955	3,946	3,139	2,325	2,992	734	589	1,305	-3,769	-3,893	-859
Capital Expenditures (CapEx)	-1,611	330	139	-318	626	612	312	538	301	406	734
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,968	2,916	3,270	2,981	3,792	2,244	2,454	2,730	1,825	429	2,676
Debt-free Net Working Capital (DFNWC)	4,457	4,654	4,907	5,425	5,362	5,567	5,993	5,759	8,790	6,562	6,420
Net Working Capital (NWC)	3,396	2,823	3,385	2,645	3,037	4,085	5,080	4,927	7,965	6,033	5,388
Net Nonoperating Expense (NNE)	179	84	130	180	103	22	148	129	132	257	-2,216
Net Nonoperating Obligations (NNO)	3,955	3,946	3,139	2,325	2,992	734	589	1,305	-3,769	-3,893	-859
Total Depreciation and Amortization (D&A)	791	819	543	497	504	518	488	495	476	502	430
Debt-free, Cash-free Net Working Capital to Revenue	2.13%	2.01%	2.19%	1.94%	2.51%	1.50%	1.61%	1.73%	1.07%	0.25%	1.62%
Debt-free Net Working Capital to Revenue	3.19%	3.20%	3.28%	3.53%	3.56%	3.72%	3.94%	3.66%	5.14%	3.79%	3.89%
Net Working Capital to Revenue	2.43%	1.94%	2.26%	1.72%	2.01%	2.73%	3.34%	3.13%	4.65%	3.49%	3.26%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.19	$0.06	$0.82	$2.39	$1.74	$2.90	$4.72	$3.73	$4.21	$4.33	$11.19
Adjusted Weighted Average Basic Shares Outstanding	409.18M	420.17M	417.31M	422.87M	428.96M	450.14M	444.28M	454.45M	464.81M	471.50M	481.39M
Adjusted Diluted Earnings per Share	$1.18	$0.06	$0.82	$2.38	$1.73	$2.87	$4.69	$3.72	$4.20	$4.29	$11.16
Adjusted Weighted Average Diluted Shares Outstanding	410.51M	421.89M	418.80M	425.73M	431.91M	453.21M	447.26M	456.17M	467.03M	473.73M	483.04M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	407.58M	407.70M	412.99M	418.57M	423.95M	427.82M	439.96M	445.29M	458.86M	463.91M	472.63M
Normalized Net Operating Profit after Tax (NOPAT)	-156	134	525	1,190	994	1,313	2,293	1,866	2,216	2,315	3,324
Normalized NOPAT Margin	-0.51%	0.39%	1.46%	3.08%	2.74%	3.41%	5.69%	5.24%	6.32%	5.64%	7.27%
Pre Tax Income Margin	2.12%	-0.04%	1.14%	3.39%	2.65%	4.57%	6.98%	6.30%	7.57%	6.20%	15.65%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.93	0.70	2.80	6.68	5.25	9.08	13.73	9.44	14.81	14.88	46.30
NOPAT to Interest Expense	3.19	0.49	2.18	5.19	3.80	5.99	10.37	7.00	11.51	11.76	21.04
EBIT Less CapEx to Interest Expense	11.22	-0.80	2.20	8.05	2.49	6.27	12.32	7.41	13.24	12.78	41.66
NOPAT Less CapEx to Interest Expense	10.48	-1.01	1.57	6.57	1.05	3.19	8.95	4.98	9.94	9.65	16.39
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	101.75%	89.75%	56.36%	36.97%	33.13%	28.25%	26.39%	18.40%	15.93%	17.36%	17.94%
Augmented Payout Ratio	232.37%	248.41%	174.76%	114.13%	175.70%	139.88%	127.71%	88.92%	37.89%	35.04%	25.01%

Frequently Asked Questions About Phillips 66's Financials

When does Phillips 66's fiscal year end?

According to the most recent income statement we have on file, Phillips 66's financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Phillips 66's net income changed over the last 9 years?

Phillips 66's net income appears to be on an upward trend, with a most recent value of $2.18 billion in 2024, falling from $4.28 billion in 2015. The previous period was $7.24 billion in 2023. View Phillips 66's forecast to see where analysts expect Phillips 66 to go next.

What is Phillips 66's operating income?

Phillips 66's total operating income in 2024 was $3.35 billion, based on the following breakdown:

Total Gross Profit: $15.29 billion
Total Operating Expenses: $11.94 billion

How has Phillips 66 revenue changed over the last 9 years?

Over the last 9 years, Phillips 66's total revenue changed from $100.83 billion in 2015 to $145.25 billion in 2024, a change of 44.1%.

How much debt does Phillips 66 have?

Phillips 66's total liabilities were at $44.12 billion at the end of 2024, a 0.6% increase from 2023, and a 79.0% increase since 2015.

How much cash does Phillips 66 have?

In the past 9 years, Phillips 66's cash and equivalents has ranged from $1.61 billion in 2019 to $6.13 billion in 2022, and is currently $1.74 billion as of their latest financial filing in 2024.

How has Phillips 66's book value per share changed over the last 9 years?

Over the last 9 years, Phillips 66's book value per share changed from 43.30 in 2015 to 66.36 in 2024, a change of 53.3%.

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This page (NYSE:PSX) was last updated on 5/31/2025 by MarketBeat.com Staff

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Phillips 66 (PSX) Financials

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Phillips 66 (PSX) Financials

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