Phillips Financial Statements From 2010 to 2024

R66 Stock  EUR 125.42  0.20  0.16%   
Phillips financial statements provide useful quarterly and yearly information to potential Phillips 66 investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Phillips financial statements helps investors assess Phillips' valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Phillips' valuation are summarized below:
Phillips 66 does not presently have any trending fundamental ratios for analysis.
Check Phillips financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phillips' main balance sheet or income statement drivers, such as , as well as many indicators such as . Phillips financial statements analysis is a perfect complement when working with Phillips Valuation or Volatility modules.
  
This module can also supplement various Phillips Technical models . Check out the analysis of Phillips Correlation against competitors.

Phillips 66 Company Return On Equity Analysis

Phillips' Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.

Return On Equity

 = 

Net Income

Total Equity

More About Return On Equity | All Equity Analysis

Current Phillips Return On Equity

    
  0.41  
Most of Phillips' fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Phillips 66 is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
Competition

Based on the latest financial disclosure, Phillips 66 has a Return On Equity of 0.4087. This is 120.64% lower than that of the Energy sector and 95.55% lower than that of the Oil & Gas Refining & Marketing industry. The return on equity for all Germany stocks is notably lower than that of the firm.

Phillips 66 Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Phillips's current stock value. Our valuation model uses many indicators to compare Phillips value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Phillips competition to find correlations between indicators driving Phillips's intrinsic value. More Info.
Phillips 66 is rated second in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about  0.22  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Phillips 66 is roughly  4.46 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Phillips' earnings, one of the primary drivers of an investment's value.

About Phillips Financial Statements

Phillips stakeholders use historical fundamental indicators, such as Phillips' revenue or net income, to determine how well the company is positioned to perform in the future. Although Phillips investors may analyze each financial statement separately, they are all interrelated. For example, changes in Phillips' assets and liabilities are reflected in the revenues and expenses on Phillips' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Phillips 66. Please read more on our technical analysis and fundamental analysis pages.
Phillips 66 operates as an energy manufacturing and logistics company. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas. Phillips operates under Oil Gas Refining Marketing classification in Germany and is traded on Frankfurt Stock Exchange. It employs 14200 people.

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Additional Information and Resources on Investing in Phillips Stock

When determining whether Phillips 66 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phillips' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phillips 66 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phillips 66 Stock:
Check out the analysis of Phillips Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Please note, there is a significant difference between Phillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.