Stock Analysis on Net
Stock Analysis on Net

Phillips 66 (NYSE:PSX)

This company has been moved to the archive! The financial data has not been updated since February 21, 2020.

Common-Size Income Statement 
Quarterly Data

Phillips 66, common-size consolidated income statement (quarterly data)

Microsoft Excel
3 months ended: Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Sales and other operating revenues 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Purchased crude oil and products -89.66 -87.46 -88.17 -91.14 -84.75 -88.58 -88.84 -89.59 -80.39 -75.95 -76.19 -77.22 -78.55 -73.81 -74.14 -68.53 -72.49 -72.04 -78.05 -73.29
Operating expenses -4.79 -4.43 -4.18 -5.66 -4.42 -4.05 -3.94 -5.28 -3.89 -4.43 -4.72 -5.55 -5.12 -4.91 -4.55 -5.88 -4.91 -4.20 -3.66 -4.80
Cost of operating revenues -94.45% -91.90% -92.36% -96.79% -89.16% -92.62% -92.79% -94.87% -84.29% -80.37% -80.92% -82.77% -83.67% -78.72% -78.69% -74.40% -77.40% -76.24% -81.71% -78.10%
Excise taxes on sales of petroleum products 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -11.40 -13.17 -13.50 -13.26 -13.49 -15.52 -16.06 -19.30 -15.72 -13.62 -12.15 -14.76
Gross profit 5.55% 8.10% 7.64% 3.21% 10.84% 7.38% 7.21% 5.13% 4.32% 6.45% 5.58% 3.97% 2.84% 5.76% 5.26% 6.30% 6.88% 10.14% 6.15% 7.14%
Selling, general and administrative expenses -1.69 -1.53 -1.47 -1.58 -1.44 -1.48 -1.49 -1.64 -1.47 -1.70 -1.82 -1.68 -1.80 -1.90 -1.93 -2.22 -1.98 -1.69 -1.42 -1.73
Depreciation and amortization -1.17 -1.23 -1.20 -1.43 -1.16 -1.16 -1.16 -1.42 -1.16 -1.32 -1.33 -1.38 -1.30 -1.35 -1.33 -1.61 -1.28 -1.05 -0.96 -1.11
Impairments -0.02 -3.13 -0.01 0.00 0.00 0.00 -0.02 0.00 -0.02 0.00 -0.06 -0.01 0.00 -0.01 -0.01 0.00 -0.02 0.00 -0.01 0.00
Taxes other than income taxes -0.27 -0.39 -0.35 -0.55 -0.33 -0.37 -0.38 -0.47 -0.35 -0.31 -0.43 -0.52 -0.23 -0.31 -0.39 -0.58 -0.06 -0.38 -0.30 -0.44
Accretion on discounted liabilities -0.02 -0.02 -0.02 -0.03 -0.02 -0.02 -0.02 -0.03 -0.02 -0.02 -0.02 -0.02 -0.03 -0.02 -0.02 -0.03 -0.02 -0.02 -0.02 -0.02
Operating income (loss) 2.38% 1.80% 4.60% -0.39% 7.88% 4.35% 4.14% 1.58% 1.29% 3.11% 1.91% 0.36% -0.51% 2.16% 1.58% 1.86% 3.51% 7.00% 3.43% 3.84%
Equity in earnings of affiliates 1.59 1.83 2.33 2.23 2.51 2.62 2.56 1.80 1.26 2.07 1.92 1.59 1.09 1.81 1.99 1.91 0.58 2.26 1.43 2.00
Net gain on dispositions 0.00 0.07 0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.00 0.06 0.00 0.00 0.01 0.03 0.00 0.00 0.09 0.49 0.54
Other income 0.08 0.13 0.08 0.16 0.05 0.08 0.04 0.04 0.01 0.19 0.07 1.97 0.06 0.11 0.08 0.10 0.04 0.08 0.07 0.31
Interest and debt expense -0.39 -0.40 -0.41 -0.52 -0.42 -0.42 -0.47 -0.52 -0.38 -0.44 -0.44 -0.46 -0.38 -0.37 -0.38 -0.49 -0.34 -0.28 -0.28 -0.38
Foreign currency transaction gains (losses) 0.00 0.03 -0.03 -0.02 0.00 0.00 0.05 0.07 0.02 -0.03 0.00 0.00 0.00 0.04 0.00 0.04 0.00 0.00 0.00 -0.22
Income before income taxes 3.66% 3.46% 6.57% 1.47% 10.03% 6.63% 6.33% 3.04% 2.20% 4.90% 3.52% 3.48% 0.26% 3.76% 3.30% 3.42% 3.80% 9.15% 5.14% 6.09%
Income tax (expense) benefit -0.88 -0.55 -1.17 -0.30 -2.07 -1.37 -1.49 -0.56 8.74 -1.59 -1.11 -1.02 0.56 -1.28 -0.93 -1.14 -0.76 -2.97 -1.54 -1.72
Net income 2.78% 2.91% 5.40% 1.17% 7.96% 5.26% 4.84% 2.48% 10.94% 3.31% 2.41% 2.46% 0.83% 2.48% 2.36% 2.29% 3.04% 6.17% 3.59% 4.38%
Net income attributable to noncontrolling interests -0.25 -0.30 -0.29 -0.29 -0.26 -0.26 -0.22 -0.26 -0.19 -0.10 -0.13 -0.12 -0.13 -0.12 -0.09 -0.07 -0.07 -0.05 -0.05 -0.04
Net income attributable to Phillips 66 2.53% 2.62% 5.11% 0.88% 7.70% 5.01% 4.62% 2.22% 10.75% 3.21% 2.28% 2.34% 0.70% 2.36% 2.27% 2.21% 2.97% 6.12% 3.55% 4.33%

Based on: 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31), 10-K (reporting date: 2016-12-31), 10-Q (reporting date: 2016-09-30), 10-Q (reporting date: 2016-06-30), 10-Q (reporting date: 2016-03-31), 10-K (reporting date: 2015-12-31), 10-Q (reporting date: 2015-09-30), 10-Q (reporting date: 2015-06-30), 10-Q (reporting date: 2015-03-31).

Income statement item Description The company
Operating income (loss) The net result for the period of deducting operating expenses from operating revenues. Phillips 66 operating income (loss) as a percentage of sales and other operating revenues decreased from Q2 2019 to Q3 2019 but then slightly increased from Q3 2019 to Q4 2019.
Income before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Phillips 66 income before income taxes as a percentage of sales and other operating revenues decreased from Q2 2019 to Q3 2019 but then slightly increased from Q3 2019 to Q4 2019.
Net income attributable to Phillips 66 The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Phillips 66 net income attributable to Phillips 66 as a percentage of sales and other operating revenues decreased from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.