Phillips Net Income from 2010 to 2024

PSX Stock  USD 154.41  2.84  1.81%   
Phillips Net Income yearly trend continues to be fairly stable with very little volatility. Net Income will likely drop to about 3.9 B in 2024. During the period from 2010 to 2024, Phillips Net Income regression line of annual values had significance of  0.50 and arithmetic mean of  3,800,474,222. View All Fundamentals
 
Net Income  
First Reported
2010-12-31
Previous Quarter
2.1 B
Current Value
1.3 B
Quarterly Volatility
1.1 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Phillips financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phillips main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 974.4 M or Total Revenue of 104.9 B, as well as many exotic indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0246 or PTB Ratio of 1.32. Phillips financial statements analysis is a perfect complement when working with Phillips Valuation or Volatility modules.
  
This module can also supplement Phillips' financial leverage analysis and stock options assessment as well as various Phillips Technical models . Check out the analysis of Phillips Correlation against competitors.

Latest Phillips' Net Income Growth Pattern

Below is the plot of the Net Income of Phillips 66 over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Phillips 66 financial statement analysis. It represents the amount of money remaining after all of Phillips 66 operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Phillips' Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phillips' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 7.01 B10 Years Trend
Pretty Stable
   Net Income   
       Timeline  

Phillips Net Income Regression Statistics

Arithmetic Mean3,800,474,222
Coefficient Of Variation85.81
Mean Deviation2,182,512,711
Median4,124,000,000
Standard Deviation3,261,119,051
Sample Variance10634897.5T
Range14.7B
R-Value0.19
Mean Square Error11037467.6T
R-Squared0.04
Significance0.50
Slope138,892,119
Total Sum of Squares148888564.5T

Phillips Net Income History

20243.9 B
2023B
202211 B
20211.3 B
2020-3.7 B
20193.1 B
20185.6 B

Other Fundumenentals of Phillips 66

Phillips Net Income component correlations

About Phillips Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Phillips income statement, its balance sheet, and the statement of cash flows. Phillips investors use historical funamental indicators, such as Phillips's Net Income, to determine how well the company is positioned to perform in the future. Although Phillips investors may use each financial statement separately, they are all related. The changes in Phillips's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Phillips's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Phillips Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Phillips. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net IncomeBB
Net Income Applicable To Common Shares12.7 B13.3 B
Net Income From Continuing Ops7.2 B4.5 B
Net Income Per Share 15.58  16.36 
Net Income Per E B T 0.74  0.60 

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Phillips 66 using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Phillips 66 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phillips' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phillips 66 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phillips 66 Stock:
Check out the analysis of Phillips Correlation against competitors.
You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.

Complementary Tools for Phillips Stock analysis

When running Phillips' price analysis, check to measure Phillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Analyst Advice
Analyst recommendations and target price estimates broken down by several categories
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Bonds Directory
Find actively traded corporate debentures issued by US companies
Equity Valuation
Check real value of public entities based on technical and fundamental data
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Bond Analysis
Evaluate and analyze corporate bonds as a potential investment for your portfolios.
Transaction History
View history of all your transactions and understand their impact on performance
Is Phillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phillips. If investors know Phillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
4.2
Earnings Share
15.2
Revenue Per Share
327.454
Quarterly Revenue Growth
(0.05)
The market value of Phillips 66 is measured differently than its book value, which is the value of Phillips that is recorded on the company's balance sheet. Investors also form their own opinion of Phillips' value that differs from its market value or its book value, called intrinsic value, which is Phillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phillips' market value can be influenced by many factors that don't directly affect Phillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.