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.

Enterprise Value (EV)

Microsoft Excel

Current Enterprise Value (EV)

Phillips 66, current enterprise value calculation

Microsoft Excel
Current share price (P) $89.25
No. shares of common stock outstanding 439,445,842
US$ in millions
Common equity (market value)1 39,221
Add: Noncontrolling interests (per books) 2,259
Total equity 41,480
Add: Short-term debt (per books) 547
Add: Long-term debt (per books) 11,216
Total equity and debt 53,243
Less: Cash and cash equivalents 1,614
Enterprise value (EV) 51,629

Based on: 10-K (reporting date: 2019-12-31).

1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 89.25 × 439,445,842


Historical Enterprise Value (EV)

Phillips 66, EV calculation

Microsoft Excel
Dec 31, 2019 Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015
Share price1, 2 $89.25 $97.36 $91.83 $78.66 $80.09
No. shares of common stock outstanding1 439,445,842 454,913,087 501,237,339 517,816,429 527,459,894
US$ in millions
Common equity (market value)3 39,221 44,290 46,029 40,731 42,244
Add: Noncontrolling interests (book value) 2,259 2,500 2,343 1,335 838
Total equity 41,480 46,790 48,372 42,066 43,082
Add: Short-term debt (book value) 547 67 41 550 44
Add: Long-term debt (book value) 11,216 11,093 10,069 9,588 8,843
Total equity and debt 53,243 57,950 58,482 52,204 51,969
Less: Cash and cash equivalents 1,614 3,019 3,119 2,711 3,074
Enterprise value (EV) 51,629 54,931 55,363 49,493 48,895

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 Data adjusted for splits and stock dividends.

2 Closing price as at the filing date of Phillips 66 Annual Report.

3 2019 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 89.25 × 439,445,842

Item Description The company
EV Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. Phillips 66 EV decreased from 2017 to 2018 and from 2018 to 2019.