Phillips 66 Net Income 2010-2025 | PSX
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What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is Phillips 66's current net income?
Phillips 66 (PSX) annual net income for 2024 was $2.12B, a 69.82% decline from 2023. Phillips 66 net income for the quarter ending September 30, 2025 was $133.0M.
What was Phillips 66's net income in 2023?
Phillips 66 annual net income for 2023 was $7.01B, a 36.37% decline from 2022.
What was Phillips 66's net income in 2022?
Phillips 66 annual net income for 2022 was $11.02B, a 737.05% increase from 2021.
What is Phillips 66's 5-year net income CAGR?
Phillips 66 net income grew at a compound annual growth rate (CAGR) of 7.20% from FY2019 to FY2024, going from $3.08B to $2.12B over 5 years.
Net Income History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Declining
CAGR-7.2%
FY2019
$3.08B
→
FY2024
$2.12B
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5 years selected
Net Income History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $2.12B | -69.8% | 10-K |
| FY2023 | $7.01B | -36.4% | 10-K |
| FY2022 | $11.02B | +737.1% | 10-K |
| FY2021 | $1.32B | +133.1% | 10-K |
| FY2020 | $-3.98B | -229.2% | 10-K |
| FY2019 | $3.08B | -45.0% | 10-K |
| FY2018 | $5.59B | +9.6% | 10-K |
| FY2017 | $5.11B | +228.4% | 10-K |
| FY2016 | $1.55B | -63.2% | 10-K |
| FY2015 | $4.23B | -11.2% | 10-K |
| FY2014 | $4.76B | +27.8% | 10-K |
| FY2013 | $3.73B | -9.7% | 10-K |
| FY2012 | $4.12B | -13.6% | 10-K |
| FY2011 | $4.78B | +549.7% | 10-K |
| FY2010 | $735.0M | - | 10-K |