Phillips Financials

PSX Stock  USD 128.04  2.50  1.99%   
Based on the key indicators related to Phillips' liquidity, profitability, solvency, and operating efficiency, Phillips 66 may be sliding down financialy. It has an above-average likelihood of going through some form of financial trouble next quarter. At this time, Phillips' Property Plant And Equipment Gross is fairly stable compared to the past year. Short and Long Term Debt is likely to rise to about 1.8 B in 2025, whereas Total Assets are likely to drop slightly above 59.2 B in 2025. Key indicators impacting Phillips' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.320.57
Way Down
Slightly volatile
Current Ratio1.081.13
Sufficiently Down
Slightly volatile
The essential information of the day-to-day investment outlook for Phillips includes many different criteria found on its balance sheet. An individual investor should monitor Phillips' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Phillips.

Cash And Equivalents

7.41 Billion

  

Phillips 66 Earnings Geography

Please note, the imprecision that can be found in Phillips' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Phillips 66. Check Phillips' Beneish M Score to see the likelihood of Phillips' management manipulating its earnings.

Phillips Stock Summary

Phillips competes with Marathon Petroleum, HF Sinclair, PBF Energy, Sunoco LP, and Valero Energy. Phillips 66 operates as an energy manufacturing and logistics company. The company was founded in 1875 and is headquartered in Houston, Texas. Phillips operates under Oil Gas Refining Marketing classification in the United States and is traded on New York Stock Exchange. It employs 14000 people.
Foreign Associate
  Germany
Specialization
Energy, Oil & Gas Refining & Marketing
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS7185461040
CUSIP718546104 743627101
LocationTexas; U.S.A
Business Address2331 CityWest Boulevard,
SectorOil, Gas & Consumable Fuels
IndustryEnergy
BenchmarkDow Jones Industrial
Websitewww.phillips66.com
Phone832 765 3010
CurrencyUSD - US Dollar

Phillips Key Financial Ratios

Phillips Key Balance Sheet Accounts

202020212022202320242025 (projected)
Total Assets54.7B55.6B76.4B75.5B86.8B59.2B
Other Current Liab1.6B1.6B2.6B2.3B2.6B1.7B
Other Liab7.9B7.9B7.5B9.0B10.4B5.7B
Net Tangible Assets20.8B16.7B15.9B27.2B31.3B19.4B
Net Debt13.4B11.3B11.1B16.0B18.4B19.4B
Retained Earnings16.5B16.2B25.4B30.6B35.1B36.9B
Accounts Payable5.5B8.5B11.3B10.9B9.8B7.0B
Cash2.5B3.1B6.1B3.3B3.8B3.6B
Other Assets674M39.2B1.6B1.1B1.3B1.2B
Long Term Debt14.7B12.7B16.4B17.9B20.6B21.6B
Net Receivables6.5B7.5B11.0B11.7B13.5B9.2B
Good Will1.4B1.5B1.5B1.6B1.4B2.3B
Inventory3.9B3.4B3.3B3.8B3.4B2.8B
Other Current Assets694M1.4B3.1B1.1B1.3B910.4M
Total Liab33.2B34.0B42.3B43.9B50.4B31.4B
Short Long Term Debt971M1.5B529M1.5B1.7B1.8B
Total Current Assets13.3B14.7B21.9B19.9B22.9B16.9B
Treasury Stock(15.0B)(16.7B)(17.1B)(15.3B)(13.7B)(14.4B)
Short Term Debt1.0B1.5B529M1.5B1.7B1.8B

Phillips Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.
202020212022202320242025 (projected)
Interest Expense521M605M642M926M1.1B1.1B
Total Revenue64.1B111.5B170.0B147.4B132.7B104.9B
Gross Profit5.0B7.8B18.4B11.2B10.0B13.7B
Operating Income(287M)3.8B12.7B8.0B9.2B9.7B
Ebit(4.5B)2.3B15.3B10.4B12.0B6.3B
Ebitda(3.0B)4.0B16.9B12.4B14.2B7.2B
Cost Of Revenue59.1B103.7B151.6B136.2B122.6B91.2B
Income Before Tax(5.0B)1.7B14.6B9.5B10.9B11.4B
Net Income(3.7B)1.3B11.0B7.0B8.1B8.5B
Income Tax Expense(1.3B)146M3.2B2.2B2.0B2.1B
Research Development48M47M42M27M24.3M41.1M
Minority Interest2.5B(277M)367M(224M)(257.6M)(244.7M)
Non Recurring861M4.3B1.5B60M69M65.6M
Tax Provision(1.3B)146M3.2B2.2B2.6B2.7B
Interest Income14M2.7B2.0B269M309.4M293.9M
Net Interest Income(499M)(605M)(642M)(657M)(591.3M)(620.9M)

Phillips Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Phillips 66. It measures of how well Phillips is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Phillips brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Phillips had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Phillips has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
202020212022202320242025 (projected)
Change To Inventory(71M)511M74M(245M)(220.5M)(209.5M)
Change In Cash900M633M3.0B(2.8B)(3.2B)(3.1B)
Free Cash Flow(809M)4.2B8.6B4.6B5.3B5.6B
Depreciation1.4B1.6B1.6B2.0B2.3B1.3B
Other Non Cash Items152M(27M)(3.6B)(988M)(889.2M)(844.7M)
Capital Expenditures2.9B1.9B2.2B2.4B2.8B2.8B
Net Income(3.7B)1.6B11.4B7.0B8.1B8.5B
Dividends Paid1.6B1.6B1.8B1.9B1.7B1.4B
Investments(80M)267M712M(1.8B)(1.6B)(1.5B)
Change Receivables(2.3B)2.0B(922M)(2.1B)(1.9B)(1.8B)
Net Borrowings1.8B4.1B(1.5B)(2.4B)(2.2B)(2.1B)
End Period Cash Flow2.5B3.1B6.1B3.3B3.0B2.8B
Change To Netincome897M4.7B976M(2.7B)(3.1B)(3.0B)

Phillips Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Phillips's current stock value. Our valuation model uses many indicators to compare Phillips value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Phillips competition to find correlations between indicators driving Phillips's intrinsic value. More Info.
Phillips 66 is rated below average in return on equity category among its peers. It also is rated below average in return on asset category among its peers reporting about  0.41  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Phillips 66 is roughly  2.47 . At this time, Phillips' Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Phillips' earnings, one of the primary drivers of an investment's value.

Phillips' Earnings Breakdown by Geography

Phillips 66 Systematic Risk

Phillips' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Phillips volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Phillips 66 correlated with the market. If Beta is less than 0 Phillips generally moves in the opposite direction as compared to the market. If Phillips Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Phillips 66 is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Phillips is generally in the same direction as the market. If Beta > 1 Phillips moves generally in the same direction as, but more than the movement of the benchmark.

Phillips Thematic Clasifications

Phillips 66 is part of several thematic ideas from Dividend Beast to Climate Change. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Phillips Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Phillips' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Phillips growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.24)

At this time, Phillips' Price Earnings To Growth Ratio is fairly stable compared to the past year.

Phillips February 16, 2025 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Phillips help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Phillips 66. We use our internally-developed statistical techniques to arrive at the intrinsic value of Phillips 66 based on widely used predictive technical indicators. In general, we focus on analyzing Phillips Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Phillips's daily price indicators and compare them against related drivers.

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.