Financials in USD. Standardized financial statements.
A compact view of how Phillips 66 turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $132.19B | $143.12B | $147.26B | $170.12B | $111.94B | $63.69B | $107.44B | $111.27B | $89.55B | $71.35B |
| Revenue Growth? | -7.6% | -2.8% | -13.4% | +52.0% | +75.8% | -40.7% | -3.4% | +24.3% | +25.5% | 0.0% |
| Cost of Revenue? | $125.70B | $138.25B | $135.98B | $157.35B | $108.56B | $63.51B | $102.13B | $104.13B | $85.43B | $67.87B |
| Gross Profit? | $6.49B | $4.86B | $11.29B | $12.77B | $3.38B | $180.00M | $5.32B | $7.14B | $4.12B | $3.48B |
| Gross Margin? | +4.9% | +3.4% | +7.7% | +7.5% | +3.0% | +0.3% | +4.9% | +6.4% | +4.6% | +4.9% |
| Operating Expenses? | $2.97B | $2.54B | $3.02B | $2.70B | $2.15B | $2.01B | $2.09B | $2.10B | $2.10B | $1.95B |
| Operating Income? | $3.52B | $2.32B | $8.27B | $10.07B | $1.23B | -$1.83B | $3.23B | $5.04B | $2.01B | $1.53B |
| EBITDA? | $9.76B | $5.99B | $12.37B | $16.91B | $3.95B | -$3.05B | $6.00B | $9.33B | $5.33B | $3.72B |
| Income Before Tax | $5.42B | $2.67B | $9.47B | $14.64B | $1.74B | -$4.96B | $4.18B | $7.45B | $3.56B | $2.19B |
| Income Tax Expense | $892.00M | $500.00M | $2.23B | $3.25B | $146.00M | -$1.25B | $801.00M | $1.57B | -$1.69B | $547.00M |
| Net Income? | $4.40B | $2.12B | $7.00B | $11.02B | $1.31B | -$3.98B | $3.08B | $5.59B | $5.11B | $1.55B |
| EPS? | $10.84 | $5.01 | $15.56 | $23.36 | $2.97 | $-9.06 | $6.80 | $11.89 | $9.90 | $2.94 |
| Diluted EPS? | $10.79 | $4.99 | $15.45 | $23.27 | $2.97 | $-9.06 | $6.77 | $11.80 | $9.85 | $2.92 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality