Phillips 66

PSX · XNYS

CIK 1534701fmd_09ECKQ8FEBYGD3FHRM746ENJPDManufacturing · Petroleum RefiningTemplate: Standard

Coverage: Jan 01, 2010 to Sep 30, 2026, 64 periods

Income Statement · Annual · Millions · USD
Line item	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Total revenues	84,279	102,354	111,461	107,293	64,129	111,476	169,990	147,399	143,153	132,376
Cost of revenue	62,468	79,409	97,930	95,529	57,707	102,102	149,932	128,086	129,962	116,093
Gross profit	21,811	22,945	13,531	11,764	6,422	9,374	20,058	19,313	13,191	16,283
Research and development	60	60	55	54	48	47	42	27	15	6
Selling, general and administrative	1,638	1,695	1,677	1,681	1,544	1,744	2,168	2,525	2,814	2,437
Taxes other than income taxes	–	–	425	409	464	410	530	707	329	791
Interest expense	338	438	493	504	550	567	611	842	919	997
Interest and investment income	18	31	45	43	–	–	–	–	–	–
Other non-operating income (expense)	74	521	61	119	66	454	2,737	359	243	438
Income before taxes	2,191	3,555	7,445	4,178	(4,964)	1,740	14,639	9,469	2,675	5,420
Income tax expense	547	(1,693)	1,572	801	(1,250)	146	3,248	2,230	500	892
Net income from continuing operations	1,644	5,106	5,595	3,076	(3,975)	1,317	11,024	7,015	2,117	4,403
Net income	1,555	5,106	5,595	3,076	(3,975)	1,317	11,024	7,015	2,117	4,403
Net income to common shareholders	1,549	5,100	5,589	3,070	(3,983)	1,306	11,014	7,004	2,107	4,394