PSX Q2 2024 Earnings — Phillips 66 Revenue & Financial Results | Market Cap Arena

PSXPhillips 66

$66B

Q2 2024 Earnings

Energy Oil & Gas Refining & Marketing

Income Statement

Revenue

$38.1B+9.2% YoY

Gross Profit

$1.5B4.0% margin

Operating Income

$919M2.4% margin

Net Income

$1.0B2.7% margin

EPS (Diluted)

$2.38

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

$2.1B

Free Cash Flow

$1.7B

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$75.9B

Total Liabilities

$45.4B

Stockholders' Equity

$29.5B

Cash & Equivalents

$2.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38.1B	$34.9B	+9.2%
Gross Profit	$1.5B	$2.5B	-38.1%
Operating Income	$919M	$1.8B	-47.6%
Net Income	$1.0B	$1.7B	-40.2%

Revenue Segments

Marketing And Specialties Segment

$25.5B47%

Refining Segment

$23.1B42%

Midstream Segment

$4.3B8%

Renewable Fuels

$1.5B3%

Corporate and Other

$8M0%

Geographic Segments

UNITED STATES

$30.5B80%

UNITED KINGDOM

$3.2B8%

Other Geographical Areas

$3.1B8%

GERMANY

$1.4B4%