Phillips 66

NYSE : PSX

$293.17+0.54%

Financials

Income statement · full history

USD in millions · per-share amounts unscaled. Each period shows the value from the latest filing that prints it.

Reported line item	Dec 31, 201712 months	Dec 31, 201812 months	Dec 31, 201912 months	Dec 31, 202012 months	Dec 31, 202112 months	Dec 31, 202212 months	Dec 31, 202312 months	Dec 31, 202412 months	Dec 31, 202512 months

Income statement, full reported history for 0001534701. USD in millions · per-share amounts unscaled. Each period shows the value from the latest filing that prints it.
Reported line item	Jan 1, 2017 to Dec 31, 2017	Jan 1, 2018 to Dec 31, 2018	Jan 1, 2019 to Dec 31, 2019	Jan 1, 2020 to Dec 31, 2020	Jan 1, 2021 to Dec 31, 2021	Jan 1, 2022 to Dec 31, 2022	Jan 1, 2023 to Dec 31, 2023	Jan 1, 2024 to Dec 31, 2024	Jan 1, 2025 to Dec 31, 2025
Sales and other operating revenues		111,461	107,293	64,129	111,476	169,990	147,399	143,153	132,376
Sales and other operating revenuesno longer reported	102,354	—	—
Equity in earnings of affiliates	1,732	2,676	2,127	1,191	2,904	2,968	2,017	1,779	762
Net gain on dispositions	15	19	20	108	18	7	115	321	2,984
Other income	521	61	119	66	454	2,737	359	243	438
Total Revenues and Other Income	104,622	114,217	109,559	65,494	114,852	175,702	149,890	145,496	136,560
Purchased crude oil and products	79,409	97,930	95,529	57,707	102,102	149,932	128,086	129,962	116,093
Operating expenses	4,699	4,880	5,074	4,563	5,147	6,111	6,154	5,939	6,423
Selling, general and administrative expenses	1,695	1,677	1,681	1,544	1,744	2,168	2,525	2,814	2,437
Depreciation and amortization	1,318	1,356	1,341	1,395	1,605	1,629	1,977	2,363	3,251
Impairments	24	8	861	4,252	1,498	60	24	456	1,060
Taxes other than income taxes		425	409	464	410	530	707	329	791
Taxes other than income taxesno longer reported	13,462	—	—
Accretion on discounted liabilities	22	23	23	22	24	23	29	40	47
Interest and debt expense	438	504	458	499	581	619	897	907	1,039
Foreign currency transaction (gains) losses	0	(31)	5	12	1	(9)	22	11	(1)
Total Costs and Expenses	101,067	106,772	105,381	70,458	113,112	161,063	140,421	142,821	131,140
Income before income taxes	3,555	7,445	4,178	(4,964)	1,740	14,639	9,469	2,675	5,420
Income tax expense	(1,693)	1,572	801	(1,250)	146	3,248	2,230	500	892
Net Income	5,248	5,873	3,377	(3,714)	1,594	11,391	7,239	2,175	4,528
Less: net income attributable to noncontrolling interests	142	278	301	261	277	367	224	58	125
Net Income Attributable to Phillips 66	5,106	5,595	3,076	(3,975)	1,317	11,024	7,015	2,117	4,403
Basic (in dollars per share)	9.90	11.87	6.80	(9.06)	2.97	23.36	15.56	5.01	10.82
Diluted (in dollars per share)	9.85	11.80	6.77	(9.06)	2.97	23.27	15.48	4.99	10.79
Basic (in shares)	515.09	470.71	451.36	439.53	440.03	471.5	450.14	420.17	406.01
Diluted (in shares)	518.51	474.05	453.89	439.53	440.36	473.73	453.21	421.89	408.05
Includes excise taxes on sales of refined petroleum products for the year ended December 31, 2017, prior to the adoption of Accounting Standards Update No. 2014-09 on January 1, 2018:no longer reported	13,054	—	—

History starts FY2017, the period ended Dec 31, 2017 — the earliest period our structured-data source covers, not the company’s first year.

27 reported lines · 9 periods · values taken from the latest filing that prints each period.

no longer reported3 lines the filer stopped printing.
— the filer printed the line and left the period empty. An empty cell means the line was not printed at all; it is never a zero.

217 of 217 values link to the exact element in the filer’s own document.

Every line and every caption is the company’s own. Each period carries the value from the latest filing that prints it, which is why a restated period shows the restated number with the figure as first reported kept underneath.

Nothing on this table is computed by us: no fourth quarter, no growth rate, no margin. Marks describe the filer’s own restatements.