PSX Q2 2023 Earnings — Phillips 66 Revenue & Financial Results | Market Cap Arena

PSXPhillips 66

$66B

Q2 2023 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$34.9B-28.4% YoY

Gross Profit

$2.5B7.0% margin

Operating Income

$1.8B5.0% margin

Net Income

$1.7B4.9% margin

EPS (Diluted)

$3.72

QoQ Revenue Growth

+1.6%

Cash Flow

Operating Cash Flow

$955M

Free Cash Flow

$404M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$74.9B

Total Liabilities

$43.8B

Stockholders' Equity

$29.9B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$34.9B	$48.7B	-28.4%
Gross Profit	$2.5B	$4.5B	-45.7%
Operating Income	$1.8B	$3.9B	-55.3%
Net Income	$1.7B	$3.2B	-46.4%

Revenue Segments

Refined products

$26.5B76%

Crude Oil

$4.7B13%

Natural Gas Liquids

$3.3B9%

Other Product Line

$666M2%

Geographic Segments

UNITED STATES

$28.0B80%

UNITED KINGDOM

$3.3B9%

Other Geographical Areas

$2.5B7%

GERMANY

$1.4B4%