Phillips 66 Past Earnings Performance
Past criteria checks 2/6
Phillips 66 has been growing earnings at an average annual rate of 38.7%, while the Oil and Gas industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 14% per year. Phillips 66's return on equity is 11.5%, and it has net margins of 2.3%.
Key information
38.7%
Earnings growth rate
39.0%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 14.0% |
| Return on equity | 11.5% |
| Net Margin | 2.3% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance 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 17
These 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 17Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Phillips 66 makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 147,738 | 3,358 | 8,878 | 0 |
| 30 Jun 24 | 151,853 | 5,110 | 8,487 | 0 |
| 31 Mar 24 | 148,814 | 5,792 | 8,552 | 0 |
| 31 Dec 23 | 147,399 | 7,004 | 8,679 | 0 |
| 30 Sep 23 | 149,408 | 7,629 | 8,820 | 0 |
| 30 Jun 23 | 154,720 | 10,922 | 8,747 | 0 |
| 31 Mar 23 | 168,207 | 12,392 | 8,642 | 0 |
| 31 Dec 22 | 169,990 | 11,014 | 8,279 | 0 |
| 30 Sep 22 | 162,315 | 10,403 | 7,826 | 0 |
| 30 Jun 22 | 147,603 | 5,416 | 7,187 | 0 |
| 31 Mar 22 | 126,028 | 2,543 | 6,876 | 0 |
| 31 Dec 21 | 111,476 | 1,306 | 6,891 | 0 |
| 30 Sep 21 | 95,242 | -506 | 6,598 | 0 |
| 30 Jun 21 | 80,948 | -1,708 | 6,408 | 0 |
| 31 Mar 21 | 64,881 | -2,142 | 6,235 | 0 |
| 31 Dec 20 | 64,129 | -3,983 | 6,107 | 0 |
| 30 Sep 20 | 76,863 | -2,707 | 6,382 | 0 |
| 30 Jun 20 | 88,148 | -1,196 | 6,604 | 0 |
| 31 Mar 20 | 105,083 | 369 | 6,742 | 0 |
| 31 Dec 19 | 107,293 | 3,070 | 6,755 | 0 |
| 30 Sep 19 | 107,330 | 4,573 | 6,572 | 0 |
| 30 Jun 19 | 109,884 | 5,354 | 6,596 | 0 |
| 31 Mar 19 | 110,994 | 5,270 | 6,598 | 0 |
| 31 Dec 18 | 111,492 | 5,589 | 6,557 | 0 |
| 30 Sep 18 | 108,719 | 6,547 | 6,448 | 0 |
| 30 Jun 18 | 101,182 | 5,878 | 6,371 | 0 |
| 31 Mar 18 | 93,037 | 5,088 | 6,372 | 0 |
| 31 Dec 17 | 89,300 | 5,100 | 6,394 | 0 |
| 30 Sep 17 | 83,177 | 2,066 | 6,416 | 0 |
| 30 Jun 17 | 79,209 | 1,753 | 6,319 | 0 |
| 31 Mar 17 | 76,725 | 1,699 | 6,158 | 0 |
| 31 Dec 16 | 70,898 | 1,549 | 5,913 | 0 |
| 30 Sep 16 | 69,143 | 2,036 | 5,803 | 0 |
| 30 Jun 16 | 73,139 | 3,103 | 5,851 | 0 |
| 31 Mar 16 | 79,837 | 3,620 | 5,885 | 0 |
| 31 Dec 15 | 85,228 | 4,221 | 5,964 | 0 |
| 30 Sep 15 | 98,055 | 4,717 | 6,069 | 0 |
| 30 Jun 15 | 112,412 | 4,319 | 6,054 | 0 |
| 31 Mar 15 | 129,169 | 4,169 | 6,094 | 0 |
| 31 Dec 14 | 146,514 | 4,049 | 6,098 | 0 |
| 30 Sep 14 | 154,640 | 3,711 | 6,124 | 0 |
| 30 Jun 14 | 158,599 | 3,052 | 5,960 | 0 |
| 31 Mar 14 | 156,580 | 3,134 | 5,871 | 0 |
| 31 Dec 13 | 157,730 | 3,660 | 5,684 | 0 |
Quality Earnings: PSX has high quality earnings.
Growing Profit Margin: PSX's current net profit margins (2.3%) are lower than last year (5.1%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PSX's earnings have grown significantly by 38.7% per year over the past 5 years.
Accelerating Growth: PSX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: PSX had negative earnings growth (-56%) over the past year, making it difficult to compare to the Oil and Gas industry average (-15.3%).
Return on Equity
High ROE: PSX's Return on Equity (11.5%) is considered low.