Phillips 66 Stock Net Income
| PSX Stock | USD 154.71 1.40 0.91% |
Phillips 66 fundamentals help investors to digest information that contributes to Phillips' financial success or failures. It also enables traders to predict the movement of Phillips Stock. The fundamental analysis module provides a way to measure Phillips' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Phillips stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 7 B | 4 B | |
| Net Income Applicable To Common Shares | 12.7 B | 13.3 B | |
| Net Income From Continuing Ops | 7.2 B | 4.5 B | |
| Net Income Per Share | 15.58 | 16.36 | |
| Net Income Per E B T | 0.74 | 0.60 |
Phillips | Net Income |
Phillips 66 Company Net Income Analysis
Phillips' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Phillips Net Income | 7.01 B |
Most of Phillips' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Phillips 66 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Phillips Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Phillips is extremely important. It helps to project a fair market value of Phillips Stock properly, considering its historical fundamentals such as Net Income. Since Phillips' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Phillips' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Phillips' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Phillips Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
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Based on the recorded statements, Phillips 66 reported net income of 7.01 B. This is 208.78% higher than that of the Oil, Gas & Consumable Fuels sector and 61.73% lower than that of the Energy industry. The net income for all United States stocks is significantly lower than that of the firm.
Phillips Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Phillips' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Phillips could also be used in its relative valuation, which is a method of valuing Phillips by comparing valuation metrics of similar companies.Phillips is currently under evaluation in net income category among related companies.
Phillips ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Phillips' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Phillips' managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Phillips Institutional Holders
Institutional Holdings refers to the ownership stake in Phillips that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Phillips' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Phillips' value.| Shares | Amvescap Plc. | 2023-12-31 | 5.4 M | Bank Of America Corp | 2023-12-31 | 5.2 M | Fmr Inc | 2023-12-31 | 5.1 M | Goldman Sachs Group Inc | 2023-12-31 | 4.7 M | Northern Trust Corp | 2023-12-31 | 4.6 M | Norges Bank | 2023-12-31 | 4.2 M | Legal & General Group Plc | 2023-12-31 | 3.9 M | Boston Partners Global Investors, Inc | 2023-12-31 | 3.9 M | Dimensional Fund Advisors, Inc. | 2023-12-31 | 3.7 M | Vanguard Group Inc | 2023-12-31 | 39.7 M | Blackrock Inc | 2023-12-31 | 35 M |
Phillips Fundamentals
| Return On Equity | 0.22 | ||||
| Return On Asset | 0.066 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 83.84 B | ||||
| Shares Outstanding | 424.78 M | ||||
| Shares Owned By Insiders | 0.40 % | ||||
| Shares Owned By Institutions | 78.76 % | ||||
| Number Of Shares Shorted | 8.04 M | ||||
| Price To Earning | 4.99 X | ||||
| Price To Book | 2.26 X | ||||
| Price To Sales | 0.47 X | ||||
| Revenue | 147.4 B | ||||
| Gross Profit | 20.06 B | ||||
| EBITDA | 9.93 B | ||||
| Net Income | 7.01 B | ||||
| Cash And Equivalents | 6.13 B | ||||
| Cash Per Share | 7.92 X | ||||
| Total Debt | 19.36 B | ||||
| Debt To Equity | 0.57 % | ||||
| Current Ratio | 1.30 X | ||||
| Book Value Per Share | 71.05 X | ||||
| Cash Flow From Operations | 7.03 B | ||||
| Short Ratio | 2.48 X | ||||
| Earnings Per Share | 15.47 X | ||||
| Price To Earnings To Growth | 0.73 X | ||||
| Target Price | 168.01 | ||||
| Number Of Employees | 14 K | ||||
| Beta | 1.38 | ||||
| Market Capitalization | 65.12 B | ||||
| Total Asset | 75.5 B | ||||
| Retained Earnings | 30.55 B | ||||
| Working Capital | 4.08 B | ||||
| Current Asset | 12.26 B | ||||
| Current Liabilities | 7.53 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 4.10 % | ||||
| Net Asset | 75.5 B | ||||
| Last Dividend Paid | 4.2 |
About Phillips Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Phillips 66's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Phillips using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Phillips 66 based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Check out Phillips Piotroski F Score and Phillips Altman Z Score analysis. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
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.
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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 15.47 | 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.