Phillips 66

10-K & 10-Q Filings

Phillips 66 is a publicly traded energy company headquartered in Houston, Texas, that was incorporated in Delaware in 2011. The company's business includes the Midstream, Chemicals, Refining, and Marketing & Specialties segments. The Midstream segment provides crude oil and refined petroleum product transportation, terminaling and storage services, as well as natural gas and natural gas liquids (NGL) transportation, storage, fractionation, gathering, processing and marketing services. The Chemicals segment consists of a 50% equity investment in Chevron Phillips Chemical Company LLC (CPChem), which manufactures and markets petrochemicals and plastics. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasoline, distillates and aviation fuels, as well as renewable fuels. The Marketing & Specialties segment purchases and markets refined petroleum products and renewable fuels, and manufactures and markets base oils and lubricants. The company's website is www.phillips66.com, and its stock is traded on the New York Stock Exchange under the ticker symbol "PSX".

12 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$182922.00
174809.00
164093.00
100949.00
85777.00
104622.00
114217.00
109559.00
65494.00
114852.00
175702.00
149890.00
35089.00
36436.00
-1.79%3.84%Cost of Revenue (-)
$154483.00
148245.00
135748.00
73399.00
62468.00
79409.00
97930.00
95529.00
57707.00
102102.00
149932.00
128086.00
29341.00
32386.00
-1.69%10.38%Gross Profit (+)
$28439.00
26564.00
28345.00
27550.00
23309.00
25213.00
16287.00
14030.00
7787.00
12750.00
25770.00
21804.00
5748.00
4050.00
-2.39%-29.54%Selling, General & Administrative (-)
$1722.00
1478.00
1663.00
1670.00
1638.00
1695.00
1677.00
1681.00
2008.00
2154.00
2698.00
3232.00
812.00
722.00
5.89%-11.08%Depreciation & Amortization (-)
$913.00
947.00
995.00
1078.00
1168.00
1318.00
1356.00
1341.00
1395.00
1605.00
1629.00
1977.00
476.00
504.00
7.28%5.88%Non-recurring Operating Expenses (-)
$1158.00
29.00
150.00
7.00
5.00
24.00
8.00
861.00
4252.00
1498.00
60.00
24.00
8.00
165.00
-29.70%1962.50%Operating Expenses (-)
$21591.00
20803.00
22307.00
21147.00
20795.00
21220.00
8369.00
9389.00
12240.00
10428.00
10521.00
11416.00
2880.00
2852.00
-5.63%-0.97%Costs & Expenses (Total) (-)
$176074.00
169048.00
158055.00
94546.00
83263.00
100629.00
106299.00
104918.00
69947.00
112530.00
160453.00
139502.00
32221.00
35238.00
-2.09%9.36%Operating Income/Loss (+)
$6848.00
5761.00
6038.00
6403.00
2514.00
3993.00
7918.00
4641.00
-4453.00
2322.00
15249.00
10388.00
2868.00
1198.00
3.86%-58.23%Non-operating Income/Expense (+)
$3298.00
3198.00
2560.00
1642.00
1503.00
2253.00
2768.00
2241.00
1245.00
3357.00
5714.00
2354.00
634.00
618.00
-3.02%-2.52%Earnings before Tax (+)
$6631.00
5526.00
5745.00
6044.00
2191.00
3555.00
7445.00
4178.00
-4964.00
1740.00
14639.00
9469.00
2651.00
964.00
3.29%-63.64%Tax Expense (-)
$2500.00
1844.00
1654.00
1764.00
547.00
-1693.00
1572.00
801.00
-1250.00
146.00
3248.00
2230.00
574.00
203.00
-1.03%-64.63%Income/Loss (Continuing Operations) (+)
$4131.00
3682.00
4091.00
4280.00
1644.00
5248.00
5873.00
3377.00
-3714.00
1594.00
11391.00
7239.00
2077.00
761.00
5.23%-63.36%Income/Loss (Discontinued Operations) (+)
$
61.00
706.00
Profit/Loss (+)
$4131.00
3743.00
4797.00
4280.00
1644.00
5248.00
5873.00
3377.00
-3714.00
1594.00
11391.00
7239.00
2077.00
761.00
5.23%-63.36%Net Income/Loss (NCI) (-)
$7.00
17.00
35.00
53.00
89.00
142.00
278.00
301.00
261.00
277.00
367.00
224.00
116.00
13.00
37.04%-88.79%Net Income/Loss (+)
$4124.00
3726.00
4762.00
4227.00
1555.00
5106.00
5595.00
3076.00
-3975.00
1317.00
11024.00
7015.00
1961.00
748.00
4.95%-61.86%Net Income/Loss (Common) (+)
$4124.00
3726.00
4762.00
4227.00
1555.00
5106.00
5595.00
3076.00
-3975.00
1317.00
11024.00
7015.00
1961.00
748.00
4.95%-61.86%EPS (Basic)
$6.55
6.07
8.40
7.78
2.94
9.90
11.87
6.80
-9.06
2.97
23.36
15.56
4.21
1.74
8.18%-58.67%EPS (Diluted)
$6.48
6.02
8.33
7.73
2.92
9.85
11.80
6.77
-9.06
2.97
23.27
15.48
4.20
1.73
8.24%-58.81%Weighted Avg Shares (Basic)
628.84
612.92
565.90
542.36
527.53
515.09
470.71
451.36
439.53
440.03
471.50
450.14
464.81
428.96
-2.99%-7.71%Weighted Avg Shares (Diluted)
636.76
618.99
571.50
546.98
530.07
518.51
474.05
453.89
439.53
440.36
473.73
453.21
467.03
431.91
-3.04%-7.52%Cash
$3474.00
5400.00
5207.00
3074.00
2711.00
3119.00
3019.00
1614.00
2514.00
3147.00
6133.00
3323.00
6965.00
1570.00
-0.40%-77.46%Receivables
$1810.00
1732.00
949.00
762.00
912.00
7506.00
6173.00
8510.00
6522.00
7470.00
10985.00
11730.00
9326.00
11532.00
18.52%23.65%Inventory
$3430.00
3354.00
3397.00
3477.00
3150.00
3395.00
3543.00
3776.00
3893.00
3394.00
3276.00
3750.00
5445.00
6286.00
0.81%15.45%Prepaid Expenses (Current)
$655.00
Other Assets (Current)
$8593.00
8751.00
7143.00
4943.00
5907.00
370.00
474.00
495.00
347.00
686.00
1528.00
1138.00
934.00
1316.00
-16.79%40.90%Assets (Current)
$17962.00
19237.00
16696.00
12256.00
12680.00
14390.00
13209.00
14395.00
13276.00
14697.00
21922.00
19941.00
22670.00
20704.00
0.95%-8.67%Property, Plant & Equipment (Net)
$15407.00
15398.00
17346.00
19721.00
20855.00
21460.00
22018.00
23716.00
22435.00
35163.00
35712.00
35111.00
35549.00
7.94%1.25%Goodwill & Intangibles
$4068.00
3794.00
4174.00
4181.00
4158.00
4146.00
4139.00
4139.00
2268.00
2297.00
2317.00
2470.00
2279.00
2464.00
-4.43%8.12%Other Assets
$10636.00
11369.00
10525.00
12422.00
13960.00
14375.00
14936.00
40186.00
15461.00
16165.00
17040.00
17378.00
17202.00
17682.00
4.56%2.79%Assets (Non-current)
$30111.00
30561.00
32045.00
36324.00
38973.00
39981.00
41093.00
44325.00
41445.00
40897.00
54520.00
55560.00
54592.00
55695.00
5.73%2.02%Assets (Total)
$48073.00
49798.00
48741.00
48580.00
51653.00
54371.00
54302.00
58720.00
54721.00
55594.00
76442.00
75501.00
77262.00
76399.00
4.19%-1.12%Accounts Payable
$901.00
872.00
8366.00
6033.00
7200.00
8244.00
7229.00
9022.00
6522.00
8883.00
12145.00
12101.00
11311.00
13561.00
26.64%19.89%Debt (Current)
$13.00
24.00
842.00
44.00
550.00
41.00
67.00
547.00
987.00
1489.00
529.00
1482.00
825.00
2325.00
53.81%181.82%Other Liabilities (Current)
$11568.00
12035.00
1886.00
1454.00
1713.00
1822.00
1639.00
2077.00
2009.00
2429.00
3215.00
2273.00
2569.00
1781.00
-13.75%-30.67%Liabilities (Current)
$12482.00
12931.00
11094.00
7531.00
9463.00
10107.00
8935.00
11646.00
9518.00
12801.00
15889.00
15856.00
14705.00
17667.00
2.20%20.14%Debt (Non-current)
$6961.00
6131.00
7842.00
8843.00
9588.00
10069.00
11093.00
11216.00
14906.00
12959.00
16661.00
17877.00
17660.00
17829.00
8.95%0.96%Other Liabilities
$7824.00
8344.00
7768.00
8268.00
8877.00
6767.00
7121.00
8689.00
8774.00
8197.00
9786.00
10118.00
9981.00
10110.00
2.36%1.29%Liabilities (Non-current)
$14785.00
14475.00
15610.00
17111.00
18465.00
16836.00
18214.00
19905.00
23680.00
21156.00
26447.00
27995.00
27641.00
27939.00
5.98%1.08%Liabilities (Total)
$27267.00
27406.00
26704.00
24642.00
27928.00
26943.00
27149.00
31551.00
33198.00
33957.00
42336.00
43851.00
42346.00
45606.00
4.41%7.70%Treasury Stock
$356.00
2602.00
6234.00
7746.00
8788.00
10378.00
15023.00
16673.00
17116.00
17116.00
15276.00
19342.00
16083.00
20489.00
43.79%27.40%Retained Earnings
$2713.00
5622.00
9309.00
12348.00
12608.00
16306.00
20489.00
22064.00
16500.00
16216.00
25432.00
30550.00
26903.00
30846.00
24.62%14.66%AOCI
$-314.00
37.00
-531.00
-653.00
-995.00
-617.00
-692.00
-788.00
-789.00
-445.00
-460.00
-282.00
-373.00
-312.00
16.35%Shareholder's Equity
$20806.00
22392.00
22037.00
23938.00
23725.00
27428.00
27153.00
27169.00
21523.00
21637.00
34106.00
31650.00
34916.00
30793.00
3.89%-11.81%Liabilities & Equity
$48073.00
49798.00
48741.00
48580.00
51653.00
54371.00
54302.00
58720.00
54721.00
55594.00
76442.00
75501.00
77262.00
76399.00
4.19%-1.12%Net Income/Loss
$4131.00
3743.00
4797.00
4280.00
1644.00
5248.00
5873.00
3377.00
-3714.00
1594.00
11391.00
7239.00
2077.00
761.00
5.23%-63.36%Depreciation & Amortization
$913.00
947.00
995.00
1078.00
1168.00
1318.00
1356.00
1341.00
1395.00
1605.00
1629.00
1977.00
476.00
504.00
7.28%5.88%Increase/Decrease in Working Capital
$1156.00
-880.00
1020.00
221.00
-501.00
-62.00
273.00
830.00
326.00
-2119.00
-68.00
1815.00
1263.00
1447.00
4.19%14.57%Adjustments to Reconcile Net Income
$165.00
2260.00
-1268.00
1433.00
1319.00
-1600.00
1700.00
1431.00
5825.00
4423.00
-578.00
-210.00
-878.00
-997.00
-13.55%Net Cash (Operating)
$4296.00
6027.00
3529.00
5713.00
2963.00
3648.00
7573.00
4808.00
2111.00
6017.00
10813.00
7029.00
1199.00
-236.00
4.58%-119.68%Capital Expenditure
$
-51.00
-27.00
-4.00
-392.00
-77.00
-2.00
97.40%Net Cash (Investing)
$-1535.00
-444.00
-2296.00
-5738.00
-3158.00
-1146.00
-2471.00
-3688.00
-3079.00
-1872.00
-1488.00
-1790.00
-265.00
-665.00
-150.94%Increase/Decrease in Debt
$6584.00
-1020.00
2438.00
243.00
1257.00
-170.00
1040.00
476.00
4127.00
-1511.00
-2430.00
2008.00
1265.00
802.00
-10.23%-36.60%Increase/Decrease in Equity
$-309.00
-1842.00
-2282.00
-1128.00
-70.00
-385.00
-4517.00
-1445.00
-433.00
26.00
-1410.00
-3891.00
-790.00
-1114.00
-41.01%Dividends Paid
$282.00
807.00
1062.00
1172.00
1282.00
1395.00
1436.00
1570.00
1864.00
1909.00
1978.00
2045.00
544.00
461.00
19.74%-15.26%Net Cash (Financing)
$699.00
-3679.00
-1362.00
-2117.00
-178.00
-2111.00
-5167.00
-2511.00
1791.00
-3470.00
-6388.00
-8092.00
-117.00
-846.00
-623.08%Effect of Exchange Rate
$14.00
22.00
-64.00
9.00
10.00
17.00
-35.00
-14.00
77.00
-42.00
49.00
43.00
15.00
-6.00
10.74%-140.00%Increase/Decrease in Cash
$3474.00
1926.00
-193.00
-2133.00
-363.00
408.00
-100.00
-1405.00
900.00
633.00
2986.00
-2810.00
832.00
-1753.00
-310.70%Cash (Beginning)
$
3474.00
5400.00
5207.00
3074.00
2711.00
3119.00
3019.00
1614.00
2514.00
3147.00
6133.00
6133.00
3323.00
-45.82%Cash (Ending)
$3474.00
5400.00
5207.00
3074.00
2711.00
3119.00
3019.00
1614.00
2514.00
3147.00
6133.00
3323.00
6965.00
1570.00
-0.40%-77.46%NOPAT
$4266.19
3838.58
4299.64
4534.22
1886.36
5894.59
6246.13
3751.23
-5574.32
2127.17
11865.66
7941.57
2247.01
945.72
5.81%-57.91%Gross Margin %
15.55%
15.20%
17.27%
27.29%
27.17%
24.10%
14.26%
12.81%
11.89%
11.10%
14.67%
14.55%
16.38%
11.12%
Operating Margin %
3.74%
3.30%
3.68%
6.34%
2.93%
3.82%
6.93%
4.24%
-6.80%
2.02%
8.68%
6.93%
8.17%
3.29%
NOPAT Margin %
2.33%
2.20%
2.62%
4.49%
2.20%
5.63%
5.47%
3.42%
-8.51%
1.85%
6.75%
5.30%
6.40%
2.60%
Net Margin %
2.25%
2.13%
2.90%
4.19%
1.81%
4.88%
4.90%
2.81%
-6.07%
1.15%
6.27%
4.68%
5.59%
2.05%
Tax Rate %
37.70%
33.37%
28.79%
29.19%
24.97%
-47.62%
21.11%
19.17%
-25.18%
8.39%
22.19%
23.55%
21.65%
21.06%
ROA
8.87%
7.71%
8.82%
9.33%
3.65%
10.84%
11.50%
6.39%
-10.19%
3.83%
15.52%
10.52%
2.91%
1.24%
ROE
20.50%
17.14%
19.51%
18.94%
7.95%
21.49%
23.00%
13.81%
-25.90%
9.83%
34.79%
25.09%
6.44%
3.07%
ROIC
19.25%
16.84%
19.76%
18.54%
7.95%
19.34%
20.25%
47.02%
-17.76%
7.43%
26.89%
18.15%
5.22%
2.20%
Asset Turnover
3.81
3.51
3.37
2.08
1.66
1.92
2.10
1.87
1.20
2.07
2.30
1.99
0.45
0.48
Inventory Turnover
45.04
44.20
39.96
21.11
19.83
23.39
27.64
25.30
14.82
30.08
45.77
34.16
5.39
5.15
Equity Multiplier
2.31
2.22
2.21
2.03
2.18
1.98
2.00
2.16
2.54
2.57
2.24
2.39
2.21
2.48
Current Ratio
1.44
1.49
1.50
1.63
1.34
1.42
1.48
1.24
1.39
1.15
1.38
1.26
1.54
1.17
Quick Ratio
0.42
0.55
0.55
0.51
0.38
1.05
1.03
0.87
0.95
0.83
1.08
0.95
1.11
0.74
Debt/Equity Ratio
0.34
0.27
0.39
0.37
0.43
0.37
0.41
0.43
0.74
0.67
0.50
0.61
0.53
0.65
Working Capital/Sales
0.01
0.02
0.00
0.01
-0.01
0.05
0.04
0.04
0.08
0.03
0.04
0.04
0.16
0.14
Dividend Payout Ratio %
6.61%
21.02%
24.70%
25.85%
67.96%
23.67%
22.99%
41.85%
33.44%
89.74%
16.67%
25.75%
24.21%
48.75%
Total Payout
$-5993.00
3669.00
906.00
2057.00
95.00
1950.00
4913.00
2539.00
-1830.00
3394.00
5818.00
3928.00
69.00
773.00
1020.29%Payout Ratio %
-140.48%
95.58%
21.07%
45.37%
5.04%
33.08%
78.66%
67.68%
-32.83%
159.56%
49.03%
49.46%
3.07%
81.74%