Phillips 66 Revenue, Profits - PSX Quarterly Income Statement

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$110.36 $0.54 (0.49%) PSX stock closing price Jul 20, 2018 (Closing)

Fundamental analysis of PSX stock involves analyzing its financial statements, apart from checking the Phillips 66 stock price. The income statement gives the investor an understanding of the topline or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. Like any other income statement, the PSX income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a QoQ revenue decline of -20.17% when compared to the same period in the past. Along with Phillips 66 assets and Phillips 66 free cash flow, Phillips 66 profits as shown in profit and loss statement give key insights about the business. The net profit for 2018 Q1 is $524M and the 2018 Q1 revenue is $24.05B.

View and download details of revenue and profits for Phillips 66 for latest & last 40 quarters.
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Quarterly
Annual
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Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Phillips 66 Revenues or Net Sales
24.05B30.12B26.21B24.58B23.71B23.67B22.04B22.31B17.76B22.03B
Cost Of Goods Sold (COGS)21.14B23.91B19.46B18.35B17.68B18.38B15.96B16.2B11.93B15.87B
Phillips 66 Gross Profit
2.46B5.83B6.16B5.73B5.22B5.02B5.66B5.65B5.48B6.02B
Research & Development Expense----------
Selling General & Admin Expense1.72B5.1B4.98B4.92B4.36B4.82B4.88B4.99B4.86B4.96B
Income Before Depreciation Depletion Amortization736M733M1.18B813M851M201M787M658M622M1.06B
Depreciation Depletion Amortization336M346M337M320M315M305M293M290M280M281M
Non Operating Income440M381M523M462M366M254M400M435M340M128M
Interest Expense123M114M112M107M105M88M81M83M86M74M
Phillips 66 Pretax Income
717M654M1.26B848M797M62M813M720M596M832M
Provision for Income Taxes132M-2.6B407M267M234M-132M277M204M198M166M
MinorityInterest61M57M26M31M28M31M25M20M13M16M
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations524M3.2B823M550M535M163M511M496M385M650M
Extraordinary Items & Discontinued Operations----------
Phillips 66 Profit/ Loss (Net Income)
524M3.2B823M550M535M163M511M496M385M650M
Average Shares used to compute Diluted EPS489.67M511.35M520.52M520.16M524.52M526.28M528.8M531.06M534.71M540.25M
Average Shares used to compute Basic EPS487.07M508.15M512.42M517.79M521.65M524.2M525.99M528.25M531.74M536.4M
Income Before Nonrecurring Items512M548M858M569M294M83M556M499M360M710M
Income from Nonrecurring Items12M2.65B-35M-19M241M80M-45M-3M25M-60M
Phillips 66 Earnings Per Share Basic Net
1.076.291.601.061.020.310.970.940.721.21
Phillips 66 Earnings Per Share Diluted Net
1.076.251.601.061.020.310.960.930.721.20
EPS Diluted Before Nonrecurring Items1.041.071.661.090.560.161.050.940.671.31
Preferred Dividends Acc Pd----------
Dividends Common326.09358.06--------
Dividend Per Share Common0.700.700.700.700.630.630.630.630.560.56
All figures in USD. M: Millions of USD, B: Billions of USD.
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It is very helpful to read a report on Phillips 66 stock analysis. An investor must check the following items in an income statement:

  • Revenue: This is the inflow that is generated from the sale of goods or services and is $24.05B for this quarter of 2018 Q1. Our Phillips 66 revenue chart gives a clear visual representation of how the topline or sales growth has been. Investors often invest only in those companies where the revenue is growing at a steady rate.
  • Bottom line: The word bottom line comes because it is usually the last line of the income statement and refers to the actual profits after deducting all expenses from the revenues. PSX stock had a poor bottom line growth.

The income statement is also called statement of revenue and expense. The PSX financials along with Phillips 66 historical stock prices provide a lot of details about the firm.

Phillips 66 Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
11.06
PS Ratio (price sales ratio)
0.51
Operating Margin
1.7
Net Profit Margin
2.2
Dividend Yield
2.54%