Phillips 66 Operating Income 2011-2025 | PSX
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What is operating income?
Operating income can be defined as profit from core business operations, calculated as gross profit minus operating expenses, before interest and taxes.
What is Phillips 66's current operating income?
Phillips 66 (PSX) annual operating income for 2024 was $2.12B, a 69.82% decline from 2023. Phillips 66 operating income for the quarter ending September 30, 2025 was $1.50B.
What was Phillips 66's operating income in 2023?
Phillips 66 annual operating income for 2023 was $7.01B, a 36.37% decline from 2022.
What was Phillips 66's operating income in 2022?
Phillips 66 annual operating income for 2022 was $11.02B, a 737.05% increase from 2021.
What is Phillips 66's 5-year operating income CAGR?
Phillips 66 operating 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.
Operating 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
Operating 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 | +4.2% | 10-K |
| FY2014 | $4.06B | +10.7% | 10-K |
| FY2013 | $3.67B | -10.1% | 10-K |
| FY2012 | $4.08B | -13.9% | 10-K |
| FY2011 | $4.73B | - | 10-K |