PSX Q1 2024 Earnings — Phillips 66 Revenue & Financial Results | Market Cap Arena

PSXPhillips 66

$66B

Q1 2024 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$36.0B+4.9% YoY

Gross Profit

$1.9B5.3% margin

Operating Income

$1.2B3.3% margin

Net Income

$748M2.1% margin

EPS (Diluted)

$1.73

QoQ Revenue Growth

-5.4%

Cash Flow

Operating Cash Flow

-$236M

Free Cash Flow

-$864M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$76.4B

Total Liabilities

$45.6B

Stockholders' Equity

$29.7B

Cash & Equivalents

$1.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36.0B	$34.3B	+4.9%
Gross Profit	$1.9B	$2.8B	-31.7%
Operating Income	$1.2B	$2.0B	-41.5%
Net Income	$748M	$2.0B	-61.9%

Revenue Segments

Marketing And Specialties Segment

$22.5B46%

Refining Segment

$22.1B45%

Midstream Segment

$4.1B8%

Corporate and Other

$10M0%

Geographic Segments

UNITED STATES

$28.4B79%

UNITED KINGDOM

$3.9B11%

Other Geographical Areas

$2.2B6%

GERMANY

$1.3B4%