Stock Analysis on Net
Stock Analysis on Net

Phillips 66 (NYSE:PSX)

This company was transferred to the archive: financial data is no longer updated!

Analysis of Profitability Ratios
Quarterly Data

Beginner level

Profitability Ratios (Summary)

Phillips 66, profitability ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Return on Sales
Gross profit margin 6.24% 7.67% 7.48% 7.37% 7.76% 6.05% 5.78% 5.33% 5.07% 4.76% 4.53% 4.42% 4.93% 6.04% 7.32% 7.45% 7.58%
Operating profit margin 2.21% 3.70% 4.35% 4.23% 4.63% 2.90% 2.55% 1.96% 1.69% 1.27% 0.97% 0.86% 1.21% 2.30% 3.73% 4.14% 4.47%
Net profit margin 2.87% 4.27% 4.88% 4.75% 5.02% 5.85% 5.45% 4.94% 4.99% 2.16% 1.91% 1.90% 1.85% 2.47% 3.58% 3.87% 4.27%
Return on Investment
Return on equity (ROE) 12.35% 18.43% 21.65% 21.78% 22.70% 28.10% 26.11% 23.24% 20.35% 9.20% 7.86% 7.62% 6.95% 8.92% 13.61% 15.91% 18.30%
Return on assets (ROA) 5.24% 7.80% 9.28% 9.12% 10.30% 11.73% 10.73% 9.77% 9.39% 3.93% 3.39% 3.32% 3.01% 4.06% 6.17% 7.51% 8.70%

Based on: 10-K (filing date: 2020-02-21), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-22), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-05), 10-K (filing date: 2017-02-17), 10-Q (filing date: 2016-10-28), 10-Q (filing date: 2016-07-29), 10-Q (filing date: 2016-04-29), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01).

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’s gross profit margin ratio improved from Q2 2019 to Q3 2019 but then deteriorated significantly from Q3 2019 to Q4 2019.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Phillips 66’s operating profit margin ratio deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Phillips 66’s net profit margin ratio deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Phillips 66’s ROE deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.
ROA A profitability ratio calculated as net income divided by total assets. Phillips 66’s ROA deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Gross Profit Margin

Phillips 66, gross profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Gross profit 1,615  2,206  2,128  741  3,153  2,197  2,090  1,211  1,284  1,654  1,345  909  665  1,245  1,149  1,096  1,506  2,616  1,753  1,627 
Sales and other operating revenues 29,125  27,218  27,847  23,103  29,098  29,788  28,980  23,595  29,746  25,627  24,087  22,894  23,397  21,624  21,849  17,409  21,893  25,792  28,512  22,778 
Profitability Ratio
Gross profit margin1 6.24% 7.67% 7.48% 7.37% 7.76% 6.05% 5.78% 5.33% 5.07% 4.76% 4.53% 4.42% 4.93% 6.04% 7.32% 7.45% 7.58%
Benchmarks
Gross Profit Margin, Competitors2
Chevron Corp. 27.43% 27.64% 28.19% 27.59% 27.55% 26.57% 25.25% 24.89% 23.97% 23.70% 23.45% 22.43% 21.52% 21.42% 21.67% 22.14% 22.92%
ConocoPhillips 47.30% 46.63% 46.76% 46.78% 46.43% 45.73% 43.39% 40.60% 39.37% 38.22% 36.90% 36.51% 33.90% 32.51% 31.73% 33.32% 34.24%
Exxon Mobil Corp. 29.33% 29.71% 30.01% 30.38% 30.96% 31.05% 31.17% 31.37% 31.55% 30.52% 29.35% 28.80% 28.10% 27.96% 28.35% 27.89% 27.45%

Based on: 10-K (filing date: 2020-02-21), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-22), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-05), 10-K (filing date: 2017-02-17), 10-Q (filing date: 2016-10-28), 10-Q (filing date: 2016-07-29), 10-Q (filing date: 2016-04-29), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01).

1 Q4 2019 Calculation
Gross profit margin = 100 × (Gross profitQ4 2019 + Gross profitQ3 2019 + Gross profitQ2 2019 + Gross profitQ1 2019) ÷ (Sales and other operating revenuesQ4 2019 + Sales and other operating revenuesQ3 2019 + Sales and other operating revenuesQ2 2019 + Sales and other operating revenuesQ1 2019)
= 100 × (1,615 + 2,206 + 2,128 + 741) ÷ (29,125 + 27,218 + 27,847 + 23,103) = 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’s gross profit margin ratio improved from Q2 2019 to Q3 2019 but then deteriorated significantly from Q3 2019 to Q4 2019.

Operating Profit Margin

Phillips 66, operating profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Operating income (loss) 694  490  1,282  (91) 2,293  1,296  1,200  373  385  796  461  83  (120) 467  345  324  769  1,806  979  875 
Sales and other operating revenues 29,125  27,218  27,847  23,103  29,098  29,788  28,980  23,595  29,746  25,627  24,087  22,894  23,397  21,624  21,849  17,409  21,893  25,792  28,512  22,778 
Profitability Ratio
Operating profit margin1 2.21% 3.70% 4.35% 4.23% 4.63% 2.90% 2.55% 1.96% 1.69% 1.27% 0.97% 0.86% 1.21% 2.30% 3.73% 4.14% 4.47%
Benchmarks
Operating Profit Margin, Competitors2
Chevron Corp. 0.07% 9.13% 9.43% 9.04% 9.09% 7.47% 5.31% 3.39% 1.84% 0.99% 0.88% -2.31% -5.64% -8.21% -7.01% -5.44% -2.86%
ConocoPhillips 19.44% 21.41% 23.27% 23.84% 24.04% 21.45% 17.26% -8.37% -16.00% -20.56% -27.52% -12.43% -20.98% -43.31% -43.50% -33.85% -26.27%
Exxon Mobil Corp. 4.99% 5.80% 6.85% 7.25% 7.92% 6.87% 6.05% 5.37% 5.09% 3.61% 2.52% 2.02% 0.43% 1.53% 2.68% 3.81% 4.96%

Based on: 10-K (filing date: 2020-02-21), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-22), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-05), 10-K (filing date: 2017-02-17), 10-Q (filing date: 2016-10-28), 10-Q (filing date: 2016-07-29), 10-Q (filing date: 2016-04-29), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01).

1 Q4 2019 Calculation
Operating profit margin = 100 × (Operating income (loss)Q4 2019 + Operating income (loss)Q3 2019 + Operating income (loss)Q2 2019 + Operating income (loss)Q1 2019) ÷ (Sales and other operating revenuesQ4 2019 + Sales and other operating revenuesQ3 2019 + Sales and other operating revenuesQ2 2019 + Sales and other operating revenuesQ1 2019)
= 100 × (694 + 490 + 1,282 + -91) ÷ (29,125 + 27,218 + 27,847 + 23,103) = 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’s operating profit margin ratio deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Net Profit Margin

Phillips 66, net profit margin calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Net income attributable to Phillips 66 736  712  1,424  204  2,240  1,492  1,339  524  3,198  823  550  535  163  511  496  385  650  1,578  1,012  987 
Sales and other operating revenues 29,125  27,218  27,847  23,103  29,098  29,788  28,980  23,595  29,746  25,627  24,087  22,894  23,397  21,624  21,849  17,409  21,893  25,792  28,512  22,778 
Profitability Ratio
Net profit margin1 2.87% 4.27% 4.88% 4.75% 5.02% 5.85% 5.45% 4.94% 4.99% 2.16% 1.91% 1.90% 1.85% 2.47% 3.58% 3.87% 4.27%
Benchmarks
Net Profit Margin, Competitors2
Chevron Corp. 2.09% 9.11% 9.63% 8.81% 9.33% 9.17% 8.25% 7.30% 6.83% 5.06% 4.71% 2.45% -0.45% -1.39% -0.67% 1.07% 3.53%
ConocoPhillips 22.07% 24.15% 19.72% 19.59% 17.18% 17.11% 14.10% -1.82% -2.94% -8.88% -14.28% -5.98% -15.26% -30.33% -29.39% -22.87% -14.98%
Exxon Mobil Corp. 5.61% 5.62% 6.52% 6.73% 7.46% 8.35% 7.99% 8.27% 8.31% 5.69% 5.15% 4.40% 3.59% 4.10% 4.64% 5.38% 6.22%

Based on: 10-K (filing date: 2020-02-21), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-22), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-05), 10-K (filing date: 2017-02-17), 10-Q (filing date: 2016-10-28), 10-Q (filing date: 2016-07-29), 10-Q (filing date: 2016-04-29), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01).

1 Q4 2019 Calculation
Net profit margin = 100 × (Net income attributable to Phillips 66Q4 2019 + Net income attributable to Phillips 66Q3 2019 + Net income attributable to Phillips 66Q2 2019 + Net income attributable to Phillips 66Q1 2019) ÷ (Sales and other operating revenuesQ4 2019 + Sales and other operating revenuesQ3 2019 + Sales and other operating revenuesQ2 2019 + Sales and other operating revenuesQ1 2019)
= 100 × (736 + 712 + 1,424 + 204) ÷ (29,125 + 27,218 + 27,847 + 23,103) = 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’s net profit margin ratio deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Return on Equity (ROE)

Phillips 66, ROE calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Net income attributable to Phillips 66 736  712  1,424  204  2,240  1,492  1,339  524  3,198  823  550  535  163  511  496  385  650  1,578  1,012  987 
Stockholders’ equity 24,910  24,857  24,752  24,217  24,653  23,319  22,536  21,923  25,085  22,523  22,368  22,364  22,390  22,905  22,842  22,788  23,100  23,194  22,389  21,760 
Profitability Ratio
ROE1 12.35% 18.43% 21.65% 21.78% 22.70% 28.10% 26.11% 23.24% 20.35% 9.20% 7.86% 7.62% 6.95% 8.92% 13.61% 15.91% 18.30%
Benchmarks
ROE, Competitors2
Chevron Corp. 2.03% 8.51% 9.42% 8.92% 9.59% 9.25% 7.96% 6.75% 6.21% 4.43% 3.99% 1.99% -0.34% -1.02% -0.51% 0.86% 3.00%
ConocoPhillips 20.55% 23.72% 21.66% 21.92% 19.59% 18.68% 14.58% -1.81% -2.79% -8.10% -12.97% -4.41% -10.34% -19.44% -18.81% -15.78% -11.14%
Exxon Mobil Corp. 7.48% 7.71% 9.26% 9.70% 10.87% 12.20% 11.19% 10.81% 10.50% 7.14% 6.52% 5.67% 4.69% 5.24% 6.17% 7.56% 9.45%

Based on: 10-K (filing date: 2020-02-21), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-22), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-05), 10-K (filing date: 2017-02-17), 10-Q (filing date: 2016-10-28), 10-Q (filing date: 2016-07-29), 10-Q (filing date: 2016-04-29), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01).

1 Q4 2019 Calculation
ROE = 100 × (Net income attributable to Phillips 66Q4 2019 + Net income attributable to Phillips 66Q3 2019 + Net income attributable to Phillips 66Q2 2019 + Net income attributable to Phillips 66Q1 2019) ÷ Stockholders’ equity
= 100 × (736 + 712 + 1,424 + 204) ÷ 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’s ROE deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.

Return on Assets (ROA)

Phillips 66, ROA calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016 Dec 31, 2015 Sep 30, 2015 Jun 30, 2015 Mar 31, 2015
Selected Financial Data (US$ in millions)
Net income attributable to Phillips 66 736  712  1,424  204  2,240  1,492  1,339  524  3,198  823  550  535  163  511  496  385  650  1,578  1,012  987 
Total assets 58,720  58,741  57,781  57,855  54,302  55,884  54,826  52,132  54,371  52,712  51,828  51,405  51,653  50,254  50,361  48,246  48,580  49,415  49,874  49,077 
Profitability Ratio
ROA1 5.24% 7.80% 9.28% 9.12% 10.30% 11.73% 10.73% 9.77% 9.39% 3.93% 3.39% 3.32% 3.01% 4.06% 6.17% 7.51% 8.70%
Benchmarks
ROA, Competitors2
Chevron Corp. 1.23% 5.17% 5.76% 5.39% 5.84% 5.54% 4.70% 3.96% 3.62% 2.55% 2.29% 1.12% -0.19% -0.58% -0.29% 0.49% 1.72%
ConocoPhillips 10.20% 11.85% 10.02% 10.07% 8.94% 8.46% 6.57% -0.78% -1.17% -3.30% -5.04% -1.77% -4.03% -7.46% -7.35% -6.18% -4.54%
Exxon Mobil Corp. 3.95% 4.08% 4.91% 5.21% 6.02% 6.55% 6.01% 5.83% 5.65% 3.72% 3.41% 2.92% 2.37% 2.63% 3.07% 3.80% 4.80%

Based on: 10-K (filing date: 2020-02-21), 10-Q (filing date: 2019-10-25), 10-Q (filing date: 2019-07-26), 10-Q (filing date: 2019-04-30), 10-K (filing date: 2019-02-22), 10-Q (filing date: 2018-10-26), 10-Q (filing date: 2018-07-27), 10-Q (filing date: 2018-04-27), 10-K (filing date: 2018-02-23), 10-Q (filing date: 2017-10-27), 10-Q (filing date: 2017-08-01), 10-Q (filing date: 2017-05-05), 10-K (filing date: 2017-02-17), 10-Q (filing date: 2016-10-28), 10-Q (filing date: 2016-07-29), 10-Q (filing date: 2016-04-29), 10-K (filing date: 2016-02-19), 10-Q (filing date: 2015-10-30), 10-Q (filing date: 2015-07-31), 10-Q (filing date: 2015-05-01).

1 Q4 2019 Calculation
ROA = 100 × (Net income attributable to Phillips 66Q4 2019 + Net income attributable to Phillips 66Q3 2019 + Net income attributable to Phillips 66Q2 2019 + Net income attributable to Phillips 66Q1 2019) ÷ Total assets
= 100 × (736 + 712 + 1,424 + 204) ÷ 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’s ROA deteriorated from Q2 2019 to Q3 2019 and from Q3 2019 to Q4 2019.