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.

Analysis of Profitability Ratios
Quarterly Data

Microsoft Excel

Profitability Ratios (Summary)

Phillips 66, profitability ratios (quarterly data)

Microsoft Excel
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
Return on Sales
Gross profit margin 6.24% 7.67% 7.48% 7.37% 7.76% 6.05% 5.78% 5.33% 5.07% 4.76% 4.53% 4.42% 4.93% 6.04% 7.32% 7.45% 7.58%
Operating profit margin 2.21% 3.70% 4.35% 4.23% 4.63% 2.90% 2.55% 1.96% 1.69% 1.27% 0.97% 0.86% 1.21% 2.30% 3.73% 4.14% 4.47%
Net profit margin 2.87% 4.27% 4.88% 4.75% 5.02% 5.85% 5.45% 4.94% 4.99% 2.16% 1.91% 1.90% 1.85% 2.47% 3.58% 3.87% 4.27%
Return on Investment
Return on equity (ROE) 12.35% 18.43% 21.65% 21.78% 22.70% 28.10% 26.11% 23.24% 20.35% 9.20% 7.86% 7.62% 6.95% 8.92% 13.61% 15.91% 18.30%
Return on assets (ROA) 5.24% 7.80% 9.28% 9.12% 10.30% 11.73% 10.73% 9.77% 9.39% 3.93% 3.39% 3.32% 3.01% 4.06% 6.17% 7.51% 8.70%

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).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Phillips 66 gross profit margin ratio improved from Q2 2019 to Q3 2019 but then deteriorated significantly from Q3 2019 to Q4 2019.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Phillips 66 operating profit margin ratio deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Phillips 66 net profit margin ratio deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Phillips 66 ROE deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.
ROA A profitability ratio calculated as net income divided by total assets. Phillips 66 ROA deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Gross Profit Margin

Phillips 66, gross profit margin calculation (quarterly data)

Microsoft Excel
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
Selected Financial Data (US$ in millions)
Gross profit 1,615 2,206 2,128 741 3,153 2,197 2,090 1,211 1,284 1,654 1,345 909 665 1,245 1,149 1,096 1,506 2,616 1,753 1,627
Sales and other operating revenues 29,125 27,218 27,847 23,103 29,098 29,788 28,980 23,595 29,746 25,627 24,087 22,894 23,397 21,624 21,849 17,409 21,893 25,792 28,512 22,778
Profitability Ratio
Gross profit margin1 6.24% 7.67% 7.48% 7.37% 7.76% 6.05% 5.78% 5.33% 5.07% 4.76% 4.53% 4.42% 4.93% 6.04% 7.32% 7.45% 7.58%
Benchmarks
Gross Profit Margin, Competitors2
Marathon Petroleum Corp. 11.06%
Valero Energy Corp. 4.41%

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).

1 Q4 2019 Calculation
Gross profit margin = 100 × (Gross profitQ4 2019 + Gross profitQ3 2019 + Gross profitQ2 2019 + Gross profitQ1 2019) ÷ (Sales and other operating revenuesQ4 2019 + Sales and other operating revenuesQ3 2019 + Sales and other operating revenuesQ2 2019 + Sales and other operating revenuesQ1 2019)
= 100 × (1,615 + 2,206 + 2,128 + 741) ÷ (29,125 + 27,218 + 27,847 + 23,103) = 6.24%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Phillips 66 gross profit margin ratio improved from Q2 2019 to Q3 2019 but then deteriorated significantly from Q3 2019 to Q4 2019.

Operating Profit Margin

Phillips 66, operating profit margin calculation (quarterly data)

Microsoft Excel
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
Selected Financial Data (US$ in millions)
Operating income (loss) 694 490 1,282 (91) 2,293 1,296 1,200 373 385 796 461 83 (120) 467 345 324 769 1,806 979 875
Sales and other operating revenues 29,125 27,218 27,847 23,103 29,098 29,788 28,980 23,595 29,746 25,627 24,087 22,894 23,397 21,624 21,849 17,409 21,893 25,792 28,512 22,778
Profitability Ratio
Operating profit margin1 2.21% 3.70% 4.35% 4.23% 4.63% 2.90% 2.55% 1.96% 1.69% 1.27% 0.97% 0.86% 1.21% 2.30% 3.73% 4.14% 4.47%
Benchmarks
Operating Profit Margin, Competitors2
Chevron Corp. 4.83%
ConocoPhillips 32.04%
Exxon Mobil Corp. 8.66%
Marathon Petroleum Corp. 4.50%
Occidental Petroleum Corp. 3.17%
Valero Energy Corp. 3.54%

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).

1 Q4 2019 Calculation
Operating profit margin = 100 × (Operating income (loss)Q4 2019 + Operating income (loss)Q3 2019 + Operating income (loss)Q2 2019 + Operating income (loss)Q1 2019) ÷ (Sales and other operating revenuesQ4 2019 + Sales and other operating revenuesQ3 2019 + Sales and other operating revenuesQ2 2019 + Sales and other operating revenuesQ1 2019)
= 100 × (694 + 490 + 1,282 + -91) ÷ (29,125 + 27,218 + 27,847 + 23,103) = 2.21%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Phillips 66 operating profit margin ratio deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Net Profit Margin

Phillips 66, net profit margin calculation (quarterly data)

Microsoft Excel
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
Selected Financial Data (US$ in millions)
Net income attributable to Phillips 66 736 712 1,424 204 2,240 1,492 1,339 524 3,198 823 550 535 163 511 496 385 650 1,578 1,012 987
Sales and other operating revenues 29,125 27,218 27,847 23,103 29,098 29,788 28,980 23,595 29,746 25,627 24,087 22,894 23,397 21,624 21,849 17,409 21,893 25,792 28,512 22,778
Profitability Ratio
Net profit margin1 2.87% 4.27% 4.88% 4.75% 5.02% 5.85% 5.45% 4.94% 4.99% 2.16% 1.91% 1.90% 1.85% 2.47% 3.58% 3.87% 4.27%
Benchmarks
Net Profit Margin, Competitors2
Chevron Corp. 2.09%
ConocoPhillips 22.07%
Exxon Mobil Corp. 5.61%
Marathon Petroleum Corp. 2.13%
Occidental Petroleum Corp. -3.27%
Valero Energy Corp. 2.24%

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).

1 Q4 2019 Calculation
Net profit margin = 100 × (Net income attributable to Phillips 66Q4 2019 + Net income attributable to Phillips 66Q3 2019 + Net income attributable to Phillips 66Q2 2019 + Net income attributable to Phillips 66Q1 2019) ÷ (Sales and other operating revenuesQ4 2019 + Sales and other operating revenuesQ3 2019 + Sales and other operating revenuesQ2 2019 + Sales and other operating revenuesQ1 2019)
= 100 × (736 + 712 + 1,424 + 204) ÷ (29,125 + 27,218 + 27,847 + 23,103) = 2.87%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Phillips 66 net profit margin ratio deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Return on Equity (ROE)

Phillips 66, ROE calculation (quarterly data)

Microsoft Excel
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
Selected Financial Data (US$ in millions)
Net income attributable to Phillips 66 736 712 1,424 204 2,240 1,492 1,339 524 3,198 823 550 535 163 511 496 385 650 1,578 1,012 987
Stockholders’ equity 24,910 24,857 24,752 24,217 24,653 23,319 22,536 21,923 25,085 22,523 22,368 22,364 22,390 22,905 22,842 22,788 23,100 23,194 22,389 21,760
Profitability Ratio
ROE1 12.35% 18.43% 21.65% 21.78% 22.70% 28.10% 26.11% 23.24% 20.35% 9.20% 7.86% 7.62% 6.95% 8.92% 13.61% 15.91% 18.30%
Benchmarks
ROE, Competitors2
Chevron Corp. 2.03%
ConocoPhillips 20.55%
Exxon Mobil Corp. 7.48%
Marathon Petroleum Corp. 7.83%
Occidental Petroleum Corp. -1.95%
Valero Energy Corp. 11.11%

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).

1 Q4 2019 Calculation
ROE = 100 × (Net income attributable to Phillips 66Q4 2019 + Net income attributable to Phillips 66Q3 2019 + Net income attributable to Phillips 66Q2 2019 + Net income attributable to Phillips 66Q1 2019) ÷ Stockholders’ equity
= 100 × (736 + 712 + 1,424 + 204) ÷ 24,910 = 12.35%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Phillips 66 ROE deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Return on Assets (ROA)

Phillips 66, ROA calculation (quarterly data)

Microsoft Excel
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
Selected Financial Data (US$ in millions)
Net income attributable to Phillips 66 736 712 1,424 204 2,240 1,492 1,339 524 3,198 823 550 535 163 511 496 385 650 1,578 1,012 987
Total assets 58,720 58,741 57,781 57,855 54,302 55,884 54,826 52,132 54,371 52,712 51,828 51,405 51,653 50,254 50,361 48,246 48,580 49,415 49,874 49,077
Profitability Ratio
ROA1 5.24% 7.80% 9.28% 9.12% 10.30% 11.73% 10.73% 9.77% 9.39% 3.93% 3.39% 3.32% 3.01% 4.06% 6.17% 7.51% 8.70%
Benchmarks
ROA, Competitors2
Chevron Corp. 1.23%
ConocoPhillips 10.20%
Exxon Mobil Corp. 3.95%
Marathon Petroleum Corp. 2.68%
Occidental Petroleum Corp. -0.61%
Valero Energy Corp. 4.50%

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).

1 Q4 2019 Calculation
ROA = 100 × (Net income attributable to Phillips 66Q4 2019 + Net income attributable to Phillips 66Q3 2019 + Net income attributable to Phillips 66Q2 2019 + Net income attributable to Phillips 66Q1 2019) ÷ Total assets
= 100 × (736 + 712 + 1,424 + 204) ÷ 58,720 = 5.24%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Phillips 66 ROA deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.