Phillips 66 Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Dec '26 Dec 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Revenue	32,540	132,376	143,153	147,399	169,990
Revenue Growth (YoY)	-75.42%	-7.53%	-2.88%	-13.29%	52.49%
Cost of Revenue	29,216	116,093	129,962	128,086	149,932
Gross Profit	3,324	16,283	13,191	19,313	20,058
Selling, General & Admin	537	2,437	2,814	2,525	2,168
Depreciation & Amortization Expenses	558	3,251	2,363	1,977	1,629
Other Operating Expenses	2,123	8,274	6,724	6,885	6,701
Total Operating Expenses	3,218	13,962	11,901	11,387	10,498
Operating Income	106	2,321	1,290	7,926	9,560
Interest Income	252	762	1,779	2,017	2,968
Interest Expense	-298	-1,086	-947	-926	-642
Other Non-Operating Income (Expense)	200	3,423	553	452	2,753
Total Non-Operating Income (Expense)	154	3,099	1,385	1,543	5,079
Pretax Income	260	5,420	2,675	9,469	14,639
Provision for Income Taxes	41	892	500	2,230	3,248
Net Income	207	4,403	2,117	7,015	11,024
Minority Interest in Earnings	12	125	58	224	367
Net Income to Common	207	4,403	2,117	7,015	11,024
Net Income Growth	-95.30%	107.98%	-69.82%	-36.37%	737.05%
Shares Outstanding (Basic)	401	406	420	450	471
Shares Outstanding (Diluted)	401	408	422	453	474
Shares Change (YoY)	-1.74%	-3.28%	-6.91%	-4.33%	7.58%
EPS (Basic)	0.52	10.82	5.01	15.56	23.36
EPS (Diluted)	0.52	10.79	4.99	15.48	23.27
EPS Growth	-95.22%	116.23%	-67.77%	-33.48%	683.50%
Shares Outstanding	400.94	401.14	408.39	430.47	465.84
Free Cash Flow	-2,846	2,729	2,332	4,874	8,925
Free Cash Flow Growth	-	17.02%	-52.15%	-45.39%	114.70%
Free Cash Flow Per Share	-7.10	6.69	5.53	10.75	18.84
Dividends Per Share	-	4.750	4.500	4.200	3.830
Dividend Growth	-	5.56%	7.14%	9.66%	5.80%
Gross Margin	10.22%	12.30%	9.21%	13.10%	11.80%
Operating Margin	0.33%	1.75%	0.90%	5.38%	5.62%
Profit Margin	0.67%	3.42%	1.52%	4.91%	6.70%
FCF Margin	-8.75%	2.06%	1.63%	3.31%	5.25%
EBITDA	664	5,572	3,653	9,903	11,189
EBITDA Margin	2.04%	4.21%	2.55%	6.72%	6.58%
EBIT	106	2,321	1,290	7,926	9,560
EBIT Margin	0.33%	1.75%	0.90%	5.38%	5.62%
Effective Tax Rate	15.77%	16.46%	18.69%	23.55%	22.19%

Updated Dec 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

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