Phillips 66
PSXFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
143,118
Cost of Revenue
138,255
Gross Profit
4,863
Gross Margin
3.4%
Operating Income
2,325
Operating Margin
1.6%
Net Income
2,117
Net Margin
1.5%
EPS (Basic)
$5.01
EPS (Diluted)
$4.99
EBITDA
5,985
EBITDA Margin
4.2%
2023
12/31/2023
Revenue
147,262
Cost of Revenue
135,977
Gross Profit
11,285
Gross Margin
7.7%
Operating Income
8,268
Operating Margin
5.6%
Net Income
7,004
Net Margin
4.8%
EPS (Basic)
$15.56
EPS (Diluted)
$15.45
EBITDA
12,372
EBITDA Margin
8.4%
2022
12/31/2022
Revenue
170,118
Cost of Revenue
157,347
Gross Profit
12,771
Gross Margin
7.5%
Operating Income
10,073
Operating Margin
5.9%
Net Income
11,024
Net Margin
6.5%
EPS (Basic)
$23.36
EPS (Diluted)
$23.27
EBITDA
16,910
EBITDA Margin
9.9%
2021
12/31/2021
Revenue
111,944
Cost of Revenue
108,565
Gross Profit
3,379
Gross Margin
3.0%
Operating Income
1,225
Operating Margin
1.1%
Net Income
1,315
Net Margin
1.2%
EPS (Basic)
$2.97
EPS (Diluted)
$2.97
EBITDA
3,950
EBITDA Margin
3.5%
2020
12/31/2020
Revenue
63,693
Cost of Revenue
63,513
Gross Profit
180
Gross Margin
0.3%
Operating Income
-1,828
Operating Margin
-2.9%
Net Income
-3,983
Net Margin
-6.3%
EPS (Basic)
$-9.06
EPS (Diluted)
$-9.06
EBITDA
-3,048
EBITDA Margin
-4.8%