Phillips 66

For the period ended Mar 31, 2025. Filed Apr 25, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 25, 2025

PSX$253.02+3.0%Stored close · as of Nov 9, 2026

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Contents

Consolidated Statement of Income

Consolidated Statement of Income	Phillips 66

	Millions of Dollars
	Three Months Ended March 31
	2025	2024
Revenues and Other Income
Sales and other operating revenues	$30,430	35,811
Equity in earnings of affiliates	153	528
Net gain on dispositions	1,087	—
Other income	56	97
Total Revenues and Other Income	31,726	36,436
Costs and Expenses
Purchased crude oil and products	27,660	32,386
Operating expenses	1,622	1,452
Selling, general and administrative expenses	519	557
Depreciation and amortization	791	504
Impairments	26	165
Taxes other than income taxes	233	165
Accretion on discounted liabilities	12	9
Interest and debt expense	221	227
Foreign currency transaction (gains) losses	(6)	7
Total Costs and Expenses	31,078	35,472
Income before income taxes	648	964
Income tax expense	122	203
Net Income	526	761
Less: net income attributable to noncontrolling interests	39	13
Net Income Attributable to Phillips 66	$487	748
Net Income Attributable to Phillips 66 Per Share of Common Stock (dollars)
Basic	$1.19	1.74
Diluted	1.18	1.73
Weighted-Average Common Shares Outstanding (thousands)
Basic	409,182	428,959
Diluted	410,505	431,906
See Notes to Consolidated Financial Statements.

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.