← Phillips 66

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Total Revenues and Other Income $85.8b
$104.6b +21.97%
$114.2b +9.17%
$109.6b -4.08%
$65.5b -40.22%
$114.9b +75.36%
$175.7b +52.98%
$149.9b -14.69%
$145.5b -2.93%
$136.6b -6.14%
$152.2b +11.43%
Cost of Revenue $75.0b
$91.1b +21.45%
$97.9b +7.49%
$95.5b -2.45%
$57.7b -39.59%
$102.1b +76.93%
$149.9b +46.85%
$128.1b -14.57%
$130.0b +1.46%
$116.1b -10.67%
$135.0b +16.31%
Gross Profit (Calculated) $9.3b
$11.3b +21.45%
$13.5b +20.26%
$11.8b -13.06%
$6.4b -45.41%
$9.4b +45.97%
$20.1b +113.97%
$19.3b -3.71%
$13.2b -31.70%
$16.3b +23.44%
—
Research and Development Expense $60.0m $60.0m $55.0m $54.0m $48.0m $47.0m $42.0m $27.0m $15.0m $6.0m —
Selling, General and Administrative Expense $1.6b $1.7b $1.7b $1.7b $1.5b $1.7b $2.2b $2.5b $2.8b $2.4b $2.4b
Amortization of Intangible Assets — $21.0m $14.0m $17.0m $27.0m $26.0m $27.0m $33.0m $53.0m $138.0m —
Operating expenses $4.3b $4.7b $4.9b $5.1b $4.6b $5.1b $6.1b $6.2b $5.9b $6.4b $10.2b
Total Costs and Expenses $83.6b $101.1b $106.8b $105.4b $70.5b $113.1b $161.1b $140.4b $142.8b $131.1b $145.2b
Interest Expense, Debt — — — — $550.0m $567.0m $611.0m $842.0m $919.0m $997.0m $1.2b
Interest and debt expense $338.0m $438.0m $504.0m $458.0m $499.0m $581.0m $619.0m $897.0m $907.0m $1.0b —
Interest Income, Other $18.0m $31.0m $45.0m $43.0m $14.0m $11.0m $82.0m $269.0m $158.0m $141.0m $141.0m
Investment Income, Interest $18.0m $31.0m $45.0m $43.0m $14.0m $11.0m $82.0m $269.0m $158.0m $141.0m —
Foreign Currency Transaction Gain (Loss), before Tax $15.0m $0 $31.0m ($5.0m) ($12.0m) ($1.0m) $9.0m ($22.0m) ($11.0m) $1.0m —
Net gain on dispositions $10.0m $15.0m $19.0m $20.0m $108.0m $18.0m $7.0m $115.0m $321.0m $3.0b —
Income (Loss) from Equity Method Investments $1.4b $1.7b $2.7b $2.1b $1.2b $2.9b $3.0b $2.0b $1.8b $762.0m —
Other Nonoperating Income (Expense) $56.0m $67.0m $16.0m $76.0m $52.0m $78.0m $75.0m $128.0m $85.0m $312.0m —
Other income $74.0m $521.0m $61.0m $119.0m $66.0m $454.0m $2.7b $359.0m $243.0m $438.0m —
Income (Loss) from Continuing Operations before Income Taxes, Domestic $1.7b $2.8b $5.7b $3.3b ($5.3b) $1.7b $12.6b $7.9b $1.8b $1.0b $8.9b
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $2.2b $3.6b $7.4b $4.2b ($5.0b) $1.7b $14.6b $9.5b $2.7b $5.4b $8.9b
Taxes other than income taxes $13.7b $13.5b $425.0m $409.0m $464.0m $410.0m $530.0m $707.0m $329.0m $791.0m $701.0m
Income Tax Expense (Benefit) $547.0m ($1.7b) $1.6b $801.0m ($1.2b) $146.0m $3.2b $2.2b $500.0m $892.0m $1.7b
Net Income (Loss) Attributable to Parent $1.6b
$5.1b +228.36%
$5.6b +9.58%
$3.1b -45.02%
($4.0b) -229.23%
$1.3b +133.13%
$11.0b +737.05%
$7.0b -36.37%
$2.1b -69.82%
$4.4b +107.98%
$7.1b +60.91%
Net Income (Loss) Available to Common Stockholders, Basic $1.5b
$5.1b +229.24%
$5.6b +9.59%
$3.1b -45.07%
($4.0b) -229.74%
$1.3b +132.79%
$11.0b +743.34%
$7.0b -36.41%
$2.1b -69.92%
$4.4b +108.54%
$7.1b +61.24%
Less: net income attributable to noncontrolling interests $89.0m $142.0m $278.0m $301.0m $261.0m $277.0m $367.0m $224.0m $58.0m $125.0m —
Earnings Per Share, Basic $2.94 $9.90 $11.87 $6.80 ($9.06) $2.97 $23.36 $15.56 $5.01 $10.82 $17.58
Earnings Per Share, Diluted $2.92 $9.85 $11.80 $6.77 ($9.06) $2.97 $23.27 $15.48 $4.99 $10.79 $17.52
Income (Loss) from Continuing Operations, Per Basic Share $3 — — — — — — — — — —
Income (Loss) from Continuing Operations, Per Diluted Share $3 — — — — — — — — — —
Basic (in shares) $527.5m $515.1m $470.7m $451.4m $439.5m $440.0m $471.5m $450.1m $420.2m $406.0m $402.8m
Diluted (in shares) $530.1m $518.5m $474.0m $453.9m $439.5m $440.4m $473.7m $453.2m $421.9m $408.1m $405.1m
Weighted Average Number of Shares Outstanding, Basic 527.5m 515.1m 470.7m 451.4m 439.5m 440.0m 471.5m 450.1m 420.2m 406.0m 402.8m
Weighted Average Number of Shares Outstanding, Diluted 530.1m 518.5m 474.0m 453.9m 439.5m 440.4m 473.7m 453.2m 421.9m 408.1m 405.1m
Additional Financial Items
Accretion Expense, Including Asset Retirement Obligations $21.0m $22.0m $23.0m $23.0m $22.0m $24.0m $23.0m $29.0m $40.0m $47.0m —
Accretion on discounted liabilities $21.0m $22.0m $23.0m $23.0m $22.0m $24.0m $23.0m $29.0m $40.0m $47.0m —
Depreciation and amortization $1.2b $1.3b $1.4b $1.3b $1.4b $1.6b $1.6b $2.0b $2.4b $3.3b —
Equity in earnings of affiliates $1.4b $1.7b $2.7b $2.1b $1.2b $2.9b $3.0b $2.0b $1.8b $762.0m —
Foreign currency transaction (gains) losses ($15.0m) $0 ($31.0m) $5.0m $12.0m $1.0m ($9.0m) $22.0m $11.0m ($1.0m) —
Goodwill, Impairment Loss — — — — $1.8b — — — — — —
Impairments $5.0m $24.0m $8.0m $861.0m $4.3b $1.5b $60.0m $24.0m $456.0m $1.1b —
Other Cost and Expense, Operating $4.3b $4.7b $4.9b $5.1b $4.6b $5.1b $6.1b $6.2b $5.9b $6.4b —
Purchased crude oil and products $62.5b $79.4b $97.9b $95.5b $57.7b $102.1b $149.9b $128.1b $130.0b $116.1b —
Taxes, Miscellaneous $13.7b $13.5b $425.0m $409.0m $464.0m $410.0m $530.0m $707.0m $329.0m $791.0m —
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent $1.6b $5.1b $5.6b $3.1b ($4.0b) $1.3b $11.0b $7.0b $2.1b $4.4b —
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $1.6b — — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent $0 — — — — — — — — — —
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest $0 — — — — — — — — — —

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.