Stock Analysis on Net

Phillips 66 (NYSE:PSX)

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

Analysis of Profitability Ratios 

Microsoft Excel

Profitability Ratios (Summary)

Phillips 66, profitability ratios

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Return on Sales
Gross profit margin 6.24% 7.76% 5.07% 4.93% 7.58%
Operating profit margin 2.21% 4.63% 1.69% 1.21% 4.47%
Net profit margin 2.87% 5.02% 4.99% 1.85% 4.27%
Return on Investment
Return on equity (ROE) 12.35% 22.70% 20.35% 6.95% 18.30%
Return on assets (ROA) 5.24% 10.30% 9.39% 3.01% 8.70%

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).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Phillips 66 gross profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Phillips 66 operating profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Phillips 66 net profit margin ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Phillips 66 ROE improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.
ROA A profitability ratio calculated as net income divided by total assets. Phillips 66 ROA improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Gross Profit Margin

Phillips 66, gross profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Gross profit 6,690 8,651 5,192 4,155 7,502
Sales and other operating revenues 107,293 111,461 102,354 84,279 98,975
Profitability Ratio
Gross profit margin1 6.24% 7.76% 5.07% 4.93% 7.58%
Benchmarks
Gross Profit Margin, Competitors2
Marathon Petroleum Corp. 11.06%
Valero Energy Corp. 4.41%

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
Gross profit margin = 100 × Gross profit ÷ Sales and other operating revenues
= 100 × 6,690 ÷ 107,293 = 6.24%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Phillips 66 gross profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Operating Profit Margin

Phillips 66, operating profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Operating income 2,375 5,162 1,725 1,016 4,429
Sales and other operating revenues 107,293 111,461 102,354 84,279 98,975
Profitability Ratio
Operating profit margin1 2.21% 4.63% 1.69% 1.21% 4.47%
Benchmarks
Operating Profit Margin, Competitors2
Chevron Corp. 4.83%
ConocoPhillips 32.04%
Exxon Mobil Corp. 8.66%
Marathon Petroleum Corp. 4.50%
Occidental Petroleum Corp. 3.17%
Pioneer Natural Resources Co. 16.09%
Valero Energy Corp. 3.54%
Operating Profit Margin, Sector
Oil, Gas & Consumable Fuels 7.38%
Operating Profit Margin, Industry
Energy 5.64%

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
Operating profit margin = 100 × Operating income ÷ Sales and other operating revenues
= 100 × 2,375 ÷ 107,293 = 2.21%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Phillips 66 operating profit margin ratio improved from 2017 to 2018 but then slightly deteriorated from 2018 to 2019 not reaching 2017 level.

Net Profit Margin

Phillips 66, net profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Net income attributable to Phillips 66 3,076 5,595 5,106 1,555 4,227
Sales and other operating revenues 107,293 111,461 102,354 84,279 98,975
Profitability Ratio
Net profit margin1 2.87% 5.02% 4.99% 1.85% 4.27%
Benchmarks
Net Profit Margin, Competitors2
Chevron Corp. 2.09%
ConocoPhillips 22.07%
Exxon Mobil Corp. 5.61%
Marathon Petroleum Corp. 2.13%
Occidental Petroleum Corp. -3.27%
Pioneer Natural Resources Co. 7.82%
Valero Energy Corp. 2.24%
Net Profit Margin, Sector
Oil, Gas & Consumable Fuels 4.29%
Net Profit Margin, Industry
Energy 2.69%

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
Net profit margin = 100 × Net income attributable to Phillips 66 ÷ Sales and other operating revenues
= 100 × 3,076 ÷ 107,293 = 2.87%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Phillips 66 net profit margin ratio improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Return on Equity (ROE)

Phillips 66, ROE calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Net income attributable to Phillips 66 3,076 5,595 5,106 1,555 4,227
Stockholders’ equity 24,910 24,653 25,085 22,390 23,100
Profitability Ratio
ROE1 12.35% 22.70% 20.35% 6.95% 18.30%
Benchmarks
ROE, Competitors2
Chevron Corp. 2.03%
ConocoPhillips 20.55%
Exxon Mobil Corp. 7.48%
Marathon Petroleum Corp. 7.83%
Occidental Petroleum Corp. -1.95%
Pioneer Natural Resources Co. 6.24%
Valero Energy Corp. 11.11%
ROE, Sector
Oil, Gas & Consumable Fuels 6.26%
ROE, Industry
Energy 3.92%

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
ROE = 100 × Net income attributable to Phillips 66 ÷ Stockholders’ equity
= 100 × 3,076 ÷ 24,910 = 12.35%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Phillips 66 ROE improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.

Return on Assets (ROA)

Phillips 66, ROA calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Selected Financial Data (US$ in millions)
Net income attributable to Phillips 66 3,076 5,595 5,106 1,555 4,227
Total assets 58,720 54,302 54,371 51,653 48,580
Profitability Ratio
ROA1 5.24% 10.30% 9.39% 3.01% 8.70%
Benchmarks
ROA, Competitors2
Chevron Corp. 1.23%
ConocoPhillips 10.20%
Exxon Mobil Corp. 3.95%
Marathon Petroleum Corp. 2.68%
Occidental Petroleum Corp. -0.61%
Pioneer Natural Resources Co. 3.96%
Valero Energy Corp. 4.50%
ROA, Sector
Oil, Gas & Consumable Fuels 3.11%
ROA, Industry
Energy 1.93%

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
ROA = 100 × Net income attributable to Phillips 66 ÷ Total assets
= 100 × 3,076 ÷ 58,720 = 5.24%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Phillips 66 ROA improved from 2017 to 2018 but then deteriorated significantly from 2018 to 2019.