Phillips 66 Future Growth
Future criteria checks 2/6
Phillips 66's revenue is forecast to decline at 5.1% per annum while its annual earnings are expected to grow at 15.3% per year. EPS is expected to grow by 18.2% per annum. Return on equity is forecast to be 16.5% in 3 years.
Key information
15.3%
Earnings growth rate
18.2%
EPS growth rate
Oil and Gas earnings growth | 8.1% |
Revenue growth rate | -5.1% |
Future return on equity | 16.5% |
Analyst coverage | Good |
Last updated | 08 Nov 2024 |
Recent future growth updates
Recent updates
Phillips 66: 3.4% Yield, Consistent Dividend Growth, Cheap
Oct 24Phillips 66 Is Expanding Past Its Refining Roots
Oct 18Are Investors Undervaluing Phillips 66 (NYSE:PSX) By 44%?
Oct 17These 4 Measures Indicate That Phillips 66 (NYSE:PSX) Is Using Debt Extensively
Sep 16The Value Of Phillips 66's Midstream Assets Shine Bright In 2024
Aug 01Investors Aren't Buying Phillips 66's (NYSE:PSX) Earnings
Jul 26Phillips 66: Sell-Off Creates Opportunity, Given Likely Q2 Acceleration (Rating Upgrade)
Jul 12Returns On Capital At Phillips 66 (NYSE:PSX) Have Hit The Brakes
Jul 11Phillips 66 (NYSE:PSX) Shares Could Be 39% Below Their Intrinsic Value Estimate
Jun 06We Think Phillips 66 (NYSE:PSX) Can Stay On Top Of Its Debt
May 22Phillips 66: Turnaround Still Very Much A Work In Progress
Apr 29Lacklustre Performance Is Driving Phillips 66's (NYSE:PSX) Low P/E
Apr 15Phillips 66: Despite A Dividend Hike, Upside May Be Limited (Rating Downgrade)
Apr 04Phillips 66 (NYSE:PSX) Hasn't Managed To Accelerate Its Returns
Mar 30Phillips 66 Still Has Fuel To Move Higher
Mar 06The Turnaround Star - Why I See Over 40% Upside For Phillips 66
Feb 12Phillips 66 (NYSE:PSX) Will Pay A Dividend Of $1.05
Feb 11Phillips 66: Analyzing Activist Elliot Management's $200 Price Target
Jan 24A Look At The Intrinsic Value Of Phillips 66 (NYSE:PSX)
Jan 17Phillips 66 Has A Lot More In Store For 2024
Jan 10Phillips 66's (NYSE:PSX) Shares Lagging The Market But So Is The Business
Jan 03Phillips 66's Portfolio Strength Will Continue
Dec 25Phillips 66 (NYSE:PSX) Seems To Use Debt Quite Sensibly
Dec 2160% Gains Plus Dividends With Phillips 66 If Elliott Is Right
Dec 053.6% Yield And Undervalued - Phillips 66 Is A Top-Tier Income Play
Nov 20Phillips 66's (NYSE:PSX) Returns On Capital Are Heading Higher
Nov 09Phillips 66: A Diversified Way To Benefit From A Strong Refining Environment
Nov 04Phillips 66 Benefiting From Historically High Distillate Yields
Oct 19Does Phillips 66 (NYSE:PSX) Deserve A Spot On Your Watchlist?
Oct 15Phillips 66: Crack Spread Decline Lowers EPS Estimate By Over Two-Thirds (Rating Downgrade)
Oct 04Calculating The Intrinsic Value Of Phillips 66 (NYSE:PSX)
Oct 03Phillips 66: As Good As It Gets
Sep 28Is Phillips 66 (NYSE:PSX) Using Too Much Debt?
Sep 20Phillips 66 Vs. Valero Energy: One Is A Buy, And One Is Not
Sep 04Phillips 66 - What To Make Of Its 4% Yield
Aug 25Investors Will Want Phillips 66's (NYSE:PSX) Growth In ROCE To Persist
Aug 09Phillips 66: Maintain Buy Recommendation Following Solid Q2 Results
Aug 08Phillips 66: Q2 Results To Show, Once Again, Weak Chemicals Margin
Jul 24Phillips 66: Refineries Have Established Their Strength
Jul 17Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 137,861 | 5,576 | 5,096 | 6,944 | 8 |
12/31/2025 | 140,464 | 4,273 | 4,996 | 6,391 | 9 |
12/31/2024 | 146,042 | 3,131 | 3,099 | 4,688 | 10 |
9/30/2024 | 147,738 | 3,358 | 2,933 | 5,183 | N/A |
6/30/2024 | 151,853 | 5,110 | 4,252 | 6,736 | N/A |
3/31/2024 | 148,814 | 5,792 | 2,926 | 5,594 | N/A |
12/31/2023 | 147,399 | 7,004 | 4,611 | 7,029 | N/A |
9/30/2023 | 149,408 | 7,629 | 7,355 | 9,589 | N/A |
6/30/2023 | 154,720 | 10,922 | 7,671 | 10,048 | N/A |
3/31/2023 | 168,207 | 12,392 | 8,674 | 10,876 | N/A |
12/31/2022 | 169,990 | 11,014 | 8,619 | 10,813 | N/A |
9/30/2022 | 162,315 | 10,403 | 5,785 | 7,863 | N/A |
6/30/2022 | 147,603 | 5,416 | 5,027 | 6,922 | N/A |
3/31/2022 | 126,028 | 2,543 | 4,983 | 6,882 | N/A |
12/31/2021 | 111,476 | 1,306 | 4,157 | 6,017 | N/A |
9/30/2021 | 95,242 | -506 | 3,087 | 4,856 | N/A |
6/30/2021 | 80,948 | -1,708 | 1,375 | 3,144 | N/A |
3/31/2021 | 64,881 | -2,142 | -163 | 2,165 | N/A |
12/31/2020 | 64,129 | -3,983 | -809 | 2,111 | N/A |
9/30/2020 | 76,863 | -2,707 | -526 | 3,166 | N/A |
6/30/2020 | 88,148 | -1,196 | 330 | 4,337 | N/A |
3/31/2020 | 105,083 | 369 | 1,804 | 5,503 | N/A |
12/31/2019 | 107,293 | 3,070 | 935 | 4,808 | N/A |
9/30/2019 | 107,330 | 4,573 | 3,664 | 7,253 | N/A |
6/30/2019 | 109,884 | 5,354 | 2,672 | 6,173 | N/A |
3/31/2019 | 110,994 | 5,270 | 3,199 | 6,607 | N/A |
12/31/2018 | 111,492 | 5,589 | 4,934 | 7,573 | N/A |
9/30/2018 | 108,719 | 6,547 | 3,183 | 5,365 | N/A |
6/30/2018 | 101,182 | 5,878 | N/A | 5,184 | N/A |
3/31/2018 | 93,037 | 5,088 | N/A | 4,685 | N/A |
12/31/2017 | 89,300 | 5,100 | N/A | 3,648 | N/A |
9/30/2017 | 83,177 | 2,066 | N/A | 2,384 | N/A |
6/30/2017 | 79,209 | 1,753 | N/A | 2,866 | N/A |
3/31/2017 | 76,725 | 1,699 | N/A | 2,156 | N/A |
12/31/2016 | 70,898 | 1,549 | N/A | 2,963 | N/A |
9/30/2016 | 69,143 | 2,036 | N/A | 3,793 | N/A |
6/30/2016 | 73,139 | 3,103 | N/A | 4,347 | N/A |
3/31/2016 | 79,837 | 3,620 | N/A | 4,619 | N/A |
12/31/2015 | 85,228 | 4,221 | N/A | 5,713 | N/A |
9/30/2015 | 98,055 | 4,717 | N/A | 5,088 | N/A |
6/30/2015 | 112,412 | 4,319 | N/A | 4,080 | N/A |
3/31/2015 | 129,169 | 4,169 | N/A | 3,483 | N/A |
12/31/2014 | 146,514 | 4,049 | N/A | 3,529 | N/A |
9/30/2014 | 154,640 | 3,711 | N/A | 3,554 | N/A |
6/30/2014 | 158,599 | 3,052 | N/A | 5,074 | N/A |
3/31/2014 | 156,580 | 3,134 | N/A | 5,212 | N/A |
12/31/2013 | 157,730 | 3,660 | N/A | 6,027 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: PSX's forecast earnings growth (15.3% per year) is above the savings rate (2.6%).
Earnings vs Market: PSX's earnings (15.3% per year) are forecast to grow faster than the US market (15.3% per year).
High Growth Earnings: PSX's earnings are forecast to grow, but not significantly.
Revenue vs Market: PSX's revenue is expected to decline over the next 3 years (-5.1% per year).
High Growth Revenue: PSX's revenue is forecast to decline over the next 3 years (-5.1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: PSX's Return on Equity is forecast to be low in 3 years time (16.5%).