Phillips Payout Ratio from 2010 to 2024

PSX Stock  USD 133.35  0.90  0.67%   
Phillips Payout Ratio yearly trend continues to be fairly stable with very little volatility. Payout Ratio will likely drop to 0.26 in 2024. During the period from 2010 to 2024, Phillips Payout Ratio regression line of annual values had significance of  0.44 and arithmetic mean of  0.28. View All Fundamentals
 
Payout Ratio  
First Reported
2010-12-31
Previous Quarter
0.2687036
Current Value
0.26
Quarterly Volatility
0.36427204
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Phillips financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phillips' main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.1 B, Interest Expense of 972.3 M or Total Revenue of 104.9 B, as well as many indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0246 or PTB Ratio of 1.32. Phillips financial statements analysis is a perfect complement when working with Phillips Valuation or Volatility modules.
  
Check out the analysis of Phillips Correlation against competitors.

Latest Phillips' Payout Ratio Growth Pattern

Below is the plot of the Payout Ratio of Phillips 66 over the last few years. Payout Ratio is the proportion of Phillips 66 earnings paid out as dividends to shareholders. Payout Ratio is typically expressed as a percentage but can be shown as dividends paid out as a proportion of cash flow. The payout ratio is used to determine the sustainability of Phillips 66 dividend payments. A lower payout ratio is generally preferable to a higher payout ratio, with a ratio greater than 100% indicating Phillips 66 is paying out more in dividends than it makes in net income. It is Phillips' Payout Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phillips' overall financial position and show how it may be relating to other accounts over time.
Payout Ratio10 Years Trend
Pretty Stable
   Payout Ratio   
       Timeline  

Phillips Payout Ratio Regression Statistics

Arithmetic Mean0.28
Coefficient Of Variation128.29
Mean Deviation0.23
Median0.26
Standard Deviation0.36
Sample Variance0.13
Range1.6294
R-Value0.22
Mean Square Error0.14
R-Squared0.05
Significance0.44
Slope0.02
Total Sum of Squares1.86

Phillips Payout Ratio History

2022 0.16
2021 1.21
2020 -0.42
2019 0.51
2018 0.26
2017 0.27
2016 0.82

Other Fundumenentals of Phillips 66

Phillips Payout Ratio component correlations

0.630.790.640.760.90.350.860.52-0.730.940.750.620.350.67-0.680.540.430.570.910.90.740.740.870.210.79
0.630.37-0.070.290.490.330.230.46-0.120.340.320.0-0.10.39-0.130.070.33-0.030.390.450.430.680.820.50.56
0.790.370.80.580.790.340.760.48-0.470.810.640.860.320.63-0.530.330.390.890.920.660.580.530.660.20.55
0.64-0.070.80.640.70.120.810.27-0.710.790.620.910.430.46-0.710.450.230.890.830.680.490.330.35-0.050.41
0.760.290.580.640.83-0.180.840.16-0.760.790.820.660.530.25-0.870.810.640.540.760.860.910.650.6-0.170.71
0.90.490.790.70.830.020.910.2-0.630.860.90.760.220.36-0.870.540.650.620.920.90.790.530.67-0.020.64
0.350.330.340.12-0.180.020.020.89-0.130.33-0.20.030.290.780.29-0.07-0.530.250.250.08-0.010.270.440.240.36
0.860.230.760.810.840.910.020.17-0.770.930.860.780.340.44-0.850.60.550.690.920.890.730.480.57-0.040.61
0.520.460.480.270.160.20.890.17-0.330.49-0.030.170.520.830.090.19-0.330.370.420.30.30.560.670.270.57
-0.73-0.12-0.47-0.71-0.76-0.63-0.13-0.77-0.33-0.83-0.62-0.51-0.64-0.460.68-0.76-0.21-0.51-0.72-0.86-0.68-0.59-0.550.09-0.74
0.940.340.810.790.790.860.330.930.49-0.830.740.730.530.69-0.720.650.360.730.940.890.740.630.740.040.76
0.750.320.640.620.820.9-0.20.86-0.03-0.620.740.730.130.09-0.850.490.660.530.820.840.710.390.49-0.110.52
0.620.00.860.910.660.760.030.780.17-0.510.730.730.340.34-0.740.410.40.920.830.590.540.290.32-0.120.36
0.35-0.10.320.430.530.220.290.340.52-0.640.530.130.340.48-0.270.820.00.520.40.390.60.510.37-0.330.66
0.670.390.630.460.250.360.780.440.83-0.460.690.090.340.48-0.10.27-0.140.530.570.390.30.620.690.40.58
-0.68-0.13-0.53-0.71-0.87-0.870.29-0.850.090.68-0.72-0.85-0.74-0.27-0.1-0.64-0.61-0.51-0.72-0.79-0.72-0.34-0.340.29-0.46
0.540.070.330.450.810.54-0.070.60.19-0.760.650.490.410.820.27-0.640.490.440.540.660.810.580.46-0.380.75
0.430.330.390.230.640.65-0.530.55-0.33-0.210.360.660.40.0-0.14-0.610.490.260.480.510.590.370.36-0.020.34
0.57-0.030.890.890.540.620.250.690.37-0.510.730.530.920.520.53-0.510.440.260.810.520.50.360.39-0.060.46
0.910.390.920.830.760.920.250.920.42-0.720.940.820.830.40.57-0.720.540.480.810.890.730.580.720.080.69
0.90.450.660.680.860.90.080.890.3-0.860.890.840.590.390.39-0.790.660.510.520.890.820.630.730.010.77
0.740.430.580.490.910.79-0.010.730.3-0.680.740.710.540.60.3-0.720.810.590.50.730.820.710.69-0.230.83
0.740.680.530.330.650.530.270.480.56-0.590.630.390.290.510.62-0.340.580.370.360.580.630.710.890.370.87
0.870.820.660.350.60.670.440.570.67-0.550.740.490.320.370.69-0.340.460.360.390.720.730.690.890.430.84
0.210.50.2-0.05-0.17-0.020.24-0.040.270.090.04-0.11-0.12-0.330.40.29-0.38-0.02-0.060.080.01-0.230.370.43-0.01
0.790.560.550.410.710.640.360.610.57-0.740.760.520.360.660.58-0.460.750.340.460.690.770.830.870.84-0.01
Click cells to compare fundamentals

About Phillips Financial Statements

Phillips investors use historical fundamental indicators, such as Phillips' Payout Ratio, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Phillips. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Payout Ratio 0.27  0.26 
Dividend Payout Ratio 0.27  0.26 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

Additional Tools for Phillips Stock Analysis

When running Phillips' price analysis, check to measure Phillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.