← Phillips 66

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $84.3b $102.4b $111.5b $107.3b $64.1b $111.5b $170.0b $147.4b $143.2b $132.4b
Total Revenues and Other Income $85.8b $104.6b $114.2b $109.6b $65.5b $114.9b $175.7b $149.9b $145.5b $136.6b
Cost of Revenue $75.0b $91.1b $97.9b $95.5b $57.7b $102.1b $149.9b $128.1b $130.0b $116.1b
Gross Profit (Calculated) $9.3b $11.3b $13.5b $11.8b $6.4b $9.4b $20.1b $19.3b $13.2b $16.3b
Operating expenses $4.3b $4.7b $4.9b $5.1b $4.6b $5.1b $6.1b $6.2b $5.9b $6.4b
Additional Financial Items
Accretion on discounted liabilities $21.0m $22.0m $23.0m $23.0m $22.0m $24.0m $23.0m $29.0m $40.0m $47.0m
Amortization of Intangible Assets — $21.0m $14.0m $17.0m $27.0m $26.0m $27.0m $33.0m $53.0m $138.0m
Basic (in shares) $527.5m $515.1m $470.7m $451.4m $439.5m $440.0m $471.5m $450.1m $420.2m $406.0m
Depreciation and amortization $1.2b $1.3b $1.4b $1.3b $1.4b $1.6b $1.6b $2.0b $2.4b $3.3b
Diluted (in shares) $530.1m $518.5m $474.0m $453.9m $439.5m $440.4m $473.7m $453.2m $421.9m $408.1m
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 Gain (Loss), before Tax $15.0m $0 $31.0m ($5.0m) ($12.0m) ($1.0m) $9.0m ($22.0m) ($11.0m) $1.0m
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
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
Income (Loss) from Continuing Operations, Per Basic Share $3 — — — — — — — — —
Income (Loss) from Continuing Operations, Per Diluted Share $3 — — — — — — — — —
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
Interest Income, Other $18.0m $31.0m $45.0m $43.0m $14.0m $11.0m $82.0m $269.0m $158.0m $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
Net gain on dispositions $10.0m $15.0m $19.0m $20.0m $108.0m $18.0m $7.0m $115.0m $321.0m $3.0b
Other income $74.0m $521.0m $61.0m $119.0m $66.0m $454.0m $2.7b $359.0m $243.0m $438.0m
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 other than income taxes $13.7b $13.5b $425.0m $409.0m $464.0m $410.0m $530.0m $707.0m $329.0m $791.0m
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 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
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 — — — — — — — — —
Income before income taxes $2.2b $3.6b $7.4b $4.2b ($5.0b) $1.7b $14.6b $9.5b $2.7b $5.4b
Net Income (Loss) Attributable to Parent $1.6b $5.1b $5.6b $3.1b ($4.0b) $1.3b $11.0b $7.0b $2.1b $4.4b
Net Income (Loss) Available to Common Stockholders, Basic $1.5b $5.1b $5.6b $3.1b ($4.0b) $1.3b $11.0b $7.0b $2.1b $4.4b
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
Net Income (Loss) Attributable to Noncontrolling Interest $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
Earnings Per Share, Diluted $2.92 $9.85 $11.80 $6.77 ($9.06) $2.97 $23.27 $15.48 $4.99 $10.79
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
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
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
Income tax expense $547.0m ($1.7b) $1.6b $801.0m ($1.2b) $146.0m $3.2b $2.2b $500.0m $892.0m
Interest Expense, Debt — — — — $550.0m $567.0m $611.0m $842.0m $919.0m $997.0m
Interest and debt expense $338.0m $438.0m $504.0m $458.0m $499.0m $581.0m $619.0m $897.0m $907.0m $1.0b
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
Other Nonoperating Income (Expense) $56.0m $67.0m $16.0m $76.0m $52.0m $78.0m $75.0m $128.0m $85.0m $312.0m
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
Selling, general and administrative expenses $1.6b $1.7b $1.7b $1.7b $1.5b $1.7b $2.2b $2.5b $2.8b $2.4b
Income Tax Expense (Benefit) $547.0m ($1.7b) $1.6b $801.0m ($1.2b) $146.0m $3.2b $2.2b $500.0m $892.0m
Total Costs and Expenses $83.6b $101.1b $106.8b $105.4b $70.5b $113.1b $161.1b $140.4b $142.8b $131.1b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. 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.