Stock Analysis on Net

Phillips 66 (NYSE:PSX)

$22.49

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

Analysis of Reportable Segments

Microsoft Excel

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Segment Profit Margin

Phillips 66, profit margin by reportable segment

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Midstream
Chemicals
Refining
Marketing and Specialties (M&S)

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

Segment profitability ratio Reportable segment The company
Segment profit margin Midstream Midstream segment profit margin ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.
Chemicals Chemicals segment profit margin ratio improved from 2017 to 2018 and from 2018 to 2019.
Refining Refining segment profit margin ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.
Marketing and Specialties (M&S) Marketing and Specialties (M&S) segment profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.

Segment Profit Margin: Midstream

Phillips 66; Midstream; segment profit margin calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Income (loss) before income taxes
Sales and other operating revenues
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment profit margin = 100 × Income (loss) before income taxes ÷ Sales and other operating revenues
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Midstream Midstream segment profit margin ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Segment Profit Margin: Chemicals

Phillips 66; Chemicals; segment profit margin calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Income (loss) before income taxes
Sales and other operating revenues
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment profit margin = 100 × Income (loss) before income taxes ÷ Sales and other operating revenues
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Chemicals Chemicals segment profit margin ratio improved from 2017 to 2018 and from 2018 to 2019.

Segment Profit Margin: Refining

Phillips 66; Refining; segment profit margin calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Income (loss) before income taxes
Sales and other operating revenues
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment profit margin = 100 × Income (loss) before income taxes ÷ Sales and other operating revenues
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Refining Refining segment profit margin ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Segment Profit Margin: Marketing and Specialties (M&S)

Phillips 66; Marketing and Specialties (M&S); segment profit margin calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Income (loss) before income taxes
Sales and other operating revenues
Segment Profitability Ratio
Segment profit margin1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment profit margin = 100 × Income (loss) before income taxes ÷ Sales and other operating revenues
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment profit margin Marketing and Specialties (M&S) Marketing and Specialties (M&S) segment profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.

Segment Return on Assets (Segment ROA)

Phillips 66, ROA by reportable segment

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Midstream
Chemicals
Refining
Marketing and Specialties (M&S)

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

Segment profitability ratio Reportable segment The company
Segment ROA Midstream Midstream segment ROA improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.
Chemicals Chemicals segment ROA improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.
Refining Refining segment ROA improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.
Marketing and Specialties (M&S) Marketing and Specialties (M&S) segment ROA improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Segment ROA: Midstream

Phillips 66; Midstream; segment ROA calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Income (loss) before income taxes
Total assets
Segment Profitability Ratio
Segment ROA1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment ROA = 100 × Income (loss) before income taxes ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA Midstream Midstream segment ROA improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Segment ROA: Chemicals

Phillips 66; Chemicals; segment ROA calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Income (loss) before income taxes
Total assets
Segment Profitability Ratio
Segment ROA1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment ROA = 100 × Income (loss) before income taxes ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA Chemicals Chemicals segment ROA improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019.

Segment ROA: Refining

Phillips 66; Refining; segment ROA calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Income (loss) before income taxes
Total assets
Segment Profitability Ratio
Segment ROA1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment ROA = 100 × Income (loss) before income taxes ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA Refining Refining segment ROA improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Segment ROA: Marketing and Specialties (M&S)

Phillips 66; Marketing and Specialties (M&S); segment ROA calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Income (loss) before income taxes
Total assets
Segment Profitability Ratio
Segment ROA1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment ROA = 100 × Income (loss) before income taxes ÷ Total assets
= 100 × ÷ =

Segment profitability ratio Reportable segment The company
Segment ROA Marketing and Specialties (M&S) Marketing and Specialties (M&S) segment ROA improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Segment Asset Turnover

Phillips 66, asset turnover by reportable segment

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Midstream
Chemicals
Refining
Marketing and Specialties (M&S)

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

Segment activity ratio Reportable segment The company
Segment asset turnover Midstream Midstream segment asset turnover ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.
Chemicals Chemicals segment asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019.
Refining Refining segment asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.
Marketing and Specialties (M&S) Marketing and Specialties (M&S) segment asset turnover ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Segment Asset Turnover: Midstream

Phillips 66; Midstream; segment asset turnover calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Sales and other operating revenues
Total assets
Segment Activity Ratio
Segment asset turnover1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment asset turnover = Sales and other operating revenues ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover Midstream Midstream segment asset turnover ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Segment Asset Turnover: Chemicals

Phillips 66; Chemicals; segment asset turnover calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Sales and other operating revenues
Total assets
Segment Activity Ratio
Segment asset turnover1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment asset turnover = Sales and other operating revenues ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover Chemicals Chemicals segment asset turnover ratio deteriorated from 2017 to 2018 and from 2018 to 2019.

Segment Asset Turnover: Refining

Phillips 66; Refining; segment asset turnover calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Sales and other operating revenues
Total assets
Segment Activity Ratio
Segment asset turnover1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment asset turnover = Sales and other operating revenues ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover Refining Refining segment asset turnover ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Segment Asset Turnover: Marketing and Specialties (M&S)

Phillips 66; Marketing and Specialties (M&S); segment asset turnover calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Sales and other operating revenues
Total assets
Segment Activity Ratio
Segment asset turnover1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment asset turnover = Sales and other operating revenues ÷ Total assets
= ÷ =

Segment activity ratio Reportable segment The company
Segment asset turnover Marketing and Specialties (M&S) Marketing and Specialties (M&S) segment asset turnover ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Segment Capital Expenditures to Depreciation

Phillips 66, capital expenditures to depreciation by reportable segment

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Midstream
Chemicals
Refining
Marketing and Specialties (M&S)

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Midstream Midstream segment capital expenditures to depreciation ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.
Chemicals
Refining Refining segment capital expenditures to depreciation ratio deteriorated from 2017 to 2018 but then improved from 2018 to 2019 exceeding 2017 level.
Marketing and Specialties (M&S) Marketing and Specialties (M&S) segment capital expenditures to depreciation ratio improved from 2017 to 2018 and from 2018 to 2019.

Segment Capital Expenditures to Depreciation: Midstream

Phillips 66; Midstream; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Capital expenditures and investments
Depreciation, amortization and impairments
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment capital expenditures to depreciation = Capital expenditures and investments ÷ Depreciation, amortization and impairments
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Midstream Midstream segment capital expenditures to depreciation ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Segment Capital Expenditures to Depreciation: Chemicals

Phillips 66; Chemicals; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Capital expenditures and investments
Depreciation, amortization and impairments
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment capital expenditures to depreciation = Capital expenditures and investments ÷ Depreciation, amortization and impairments
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Chemicals

Segment Capital Expenditures to Depreciation: Refining

Phillips 66; Refining; segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Capital expenditures and investments
Depreciation, amortization and impairments
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment capital expenditures to depreciation = Capital expenditures and investments ÷ Depreciation, amortization and impairments
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Refining Refining segment capital expenditures to depreciation ratio deteriorated from 2017 to 2018 but then improved from 2018 to 2019 exceeding 2017 level.

Segment Capital Expenditures to Depreciation: Marketing and Specialties (M&S)

Phillips 66; Marketing and Specialties (M&S); segment capital expenditures to depreciation calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Capital expenditures and investments
Depreciation, amortization and impairments
Segment Financial Ratio
Segment capital expenditures to depreciation1

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).

1 2019 Calculation
Segment capital expenditures to depreciation = Capital expenditures and investments ÷ Depreciation, amortization and impairments
= ÷ =

Segment financial ratio Reportable segment The company
Segment capital expenditures to depreciation Marketing and Specialties (M&S) Marketing and Specialties (M&S) segment capital expenditures to depreciation ratio improved from 2017 to 2018 and from 2018 to 2019.

Sales and other operating revenues

Phillips 66, sales and other operating revenues by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Midstream
Chemicals
Refining
Marketing and Specialties (M&S)
Intersegment eliminations
Corporate and other
Consolidated

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).


Depreciation, amortization and impairments

Phillips 66, depreciation, amortization and impairments by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Midstream
Chemicals
Refining
Marketing and Specialties (M&S)
Corporate and other
Consolidated

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).


Income (loss) before income taxes

Phillips 66, income (loss) before income taxes by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Midstream
Chemicals
Refining
Marketing and Specialties (M&S)
Corporate and other
Consolidated

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).


Total assets

Phillips 66, total assets by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Midstream
Chemicals
Refining
Marketing and Specialties (M&S)
Corporate and other
Consolidated

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).


Capital expenditures and investments

Phillips 66, capital expenditures and investments by reportable segment

US$ in millions

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Midstream
Chemicals
Refining
Marketing and Specialties (M&S)
Corporate and other
Consolidated

Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).