Phillips 66 Partners Revenue, Profits - PSXP Quarterly Income Statement

Add to My Stocks
$51.64 $0.2 (0.39%) PSXP stock closing price Jun 22, 2018 (Closing)

Financial statements provide us with a way to gain insights and undertake the fundamental analysis of a company. Checking Phillips 66 Partners stock price alone is not sufficient. In the income statement, an investor can look at important parameters like revenue or sales, gross profits, net profits, and EPS basic to gain deeper insights. The income statement is always for an accounting period, typically for a year or quarter, and affects the stock. In this case, the PSXP stock is bound to reflect the impact of the QOQ growth of 7.25%. The Phillips 66 Partners profit and loss statement for 2018 Q1 shows a net profit of $172M. Profits for last year was $162M. Apart from this an investor should also check Phillips 66 Partners assets and Phillips 66 Partners free cash flow.

View and download details of revenue and profits for Phillips 66 Partners for latest & last 40 quarters.
show more
Quarterly
Annual
View Previous Quarters
View Next Quarters
Fiscal year is Jan - Dec2018 Q12017 Q42017 Q32017 Q22017 Q12016 Q42016 Q32016 Q22016 Q12015 Q4
Phillips 66 Partners Revenues or Net Sales
355M331M245M234M234M228M144.3M138.8M121.2M102.8M
Cost Of Goods Sold (COGS)97M133M69M57M62M139.8M25.5M27.9M22.8M14.4M
Phillips 66 Partners Gross Profit
258M323M176M177M172M327.31M118.8M112.5M98.39M88.4M
Research & Development Expense----------
Selling General & Admin Expense56M61M47M47M49M82M20.4M24.4M24.2M18.1M
Income Before Depreciation Depletion Amortization202M262M129M130M123M245.32M98.4M88.09M74.19M70.3M
Depreciation Depletion Amortization28M34M30M26M26M52.6M15.1M14.5M13.8M5.7M
Non Operating Income----------
Interest Expense----------
Phillips 66 Partners Pretax Income
174M228M99M104M97M192.7M83.3M73.6M60.4M64.6M
Provision for Income Taxes2M3M-1M-1.2M----
MinorityInterest-63M---93.4M-5.7M7.9M-
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations172M162M99M103M97M98M83.1M67.5M52.3M64.5M
Extraordinary Items & Discontinued Operations----------
Phillips 66 Partners Profit/ Loss (Net Income)
172M162M99M103M97M98M83.1M67.5M52.3M64.5M
Average Shares used to compute Diluted EPS135.43M134.02M109.8M168.85M161.67M106.15M145.79M90.96M118.86M105.74M
Average Shares used to compute Basic EPS121.61M120.95M109.8M168.85M161.67M106.15M145.79M90.96M118.86M105.74M
Income Before Nonrecurring Items172M162M99M103M97M98M83.1M67.5M52.3M64.5M
Income from Nonrecurring Items----------
Phillips 66 Partners Earnings Per Share Basic Net
0.910.860.510.610.600.650.570.510.440.61
Phillips 66 Partners Earnings Per Share Diluted Net
0.870.830.510.610.600.650.570.510.440.61
EPS Diluted Before Nonrecurring Items0.870.830.510.610.600.650.570.510.440.61
Preferred Dividends Acc Pd61.33M57.98M--------
Dividends Common82.5578.54--------
Dividend Per Share Common0.680.650.620.590.560.530.510.480.460.43
All figures in USD. M: Millions of USD, B: Billions of USD.
View Previous Quarters
View Next Quarters

Click here to view our Targa Resources financial analysis

The key things to look for in an income statement while doing Phillips 66 Partners stock analysis are:

  • Revenue: The money received by selling of goods or services comes under this line item. A QoQ growth - See: Phillips 66 Partners revenue chart, implies that the company is growing. It has been the case with Phillips 66 Partners. One must look at stocks with increasing revenues, and stay away from stocks whose revenues or sales are declining.
  • Bottom line: Most businesses like Phillips 66 Partners try to grow their profits by growing their topline and by increasing their operating efficiency. A healthy bottom line growth implies a good investment.

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

Phillips 66 Partners Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
18.31
PS Ratio (price sales ratio)
5.39
Operating Margin
49
Net Profit Margin
48.5
Dividend Yield
4.92%