Projected Income Statement: Phillips 66

Forecast Balance Sheet: Phillips 66

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 10,149 13,379 11,301 11,057 16,036 18,898 18,432 16,976
Change - 31.83% -15.53% -2.16% 45.03% 17.85% -2.47% -7.9%
Announcement Date 1/31/20 1/29/21 1/28/22 1/31/23 1/31/24 1/31/25 - -
1USD in Million
Estimates

Cash Flow Forecast: Phillips 66

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
CAPEX 1 3,873 2,920 1,860 2,194 2,418 1,859 2,075 2,059
Change - -24.61% -36.3% 17.96% 10.21% -23.12% 1.53% -0.76%
Free Cash Flow (FCF) 1 935 -820 4,157 8,619 4,611 2,332 4,869 4,859
Change - -187.7% -606.95% 107.34% -46.5% -49.43% 46.65% -0.21%
Announcement Date 1/31/20 1/29/21 1/28/22 1/31/23 1/31/24 1/31/25 - -
1USD in Million
Estimates

Forecast Financial Ratios: Phillips 66

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026

Profitability

        
EBITDA Margin (%) 6.92% 2.8% 5.48% 8.59% 8.45% 6.06% 6.21% 7.21%
EBIT Margin (%) 4.23% -6.82% 2.02% 8.68% 6.92% 2.46% 3.5% 5.3%
EBT Margin (%) 3.81% -7.58% 1.51% 8.33% 6.32% 1.84% 3.02% 4.75%
Net margin (%) 2.81% -6.07% 1.15% 6.27% 4.68% 1.46% 2.5% 3.82%
FCF margin (%) 0.85% -1.25% 3.62% 4.91% 3.08% 1.6% 3.69% 3.66%
FCF / Net Income (%) 30.4% 20.63% 315.64% 78.18% 65.73% 110.16% 148% 95.78%

Profitability

        
ROA 6.47% -0.67% 4.57% 13.48% 9.23% 3.37% 3.13% 7.95%
ROE 14.76% -1.74% 13.22% 36.58% 23.85% 8.61% 9.34% 17.26%

Financial Health

        
Leverage (Debt/EBITDA) 1.34x 7.29x 1.8x 0.73x 1.27x 2.74x 2.25x 1.77x
Debt / Free cash flow 10.85x -16.32x 2.72x 1.28x 3.48x 5.69x 3.79x 3.49x

Capital Intensity

        
CAPEX / Current Assets (%) 3.54% 4.46% 1.62% 1.25% 1.61% 1.28% 1.57% 1.55%
CAPEX / EBITDA (%) 51.08% 159.21% 29.57% 14.54% 19.08% 21.08% 25.33% 21.5%
CAPEX / FCF (%) 414.22% -356.1% 44.74% 25.46% 52.44% 79.72% 42.61% 42.37%

Items per share

        
Cash flow per share 1 12.42 5.545 8.852 22.68 19.51 9.934 13.71 15.62
Change - -55.36% 59.65% 156.24% -13.96% -49.09% 31.88% 13.92%
Dividend per Share 1 3.5 3.6 3.64 3.83 4.2 4.525 4.705 4.809
Change - 2.86% 1.11% 5.22% 9.66% 7.75% 3.96% 2.21%
Book Value Per Share 1 56.48 43.45 43.76 63.31 71.48 66.83 67.6 72.68
Change - -23.07% 0.7% 44.69% 12.91% -6.52% 1.15% 7.53%
EPS 1 6.77 -9.06 2.97 23.27 15.48 4.99 9.022 12.72
Change - -233.83% -132.78% 683.5% -33.48% -67.76% 41.37% 41.04%
Nbr of stocks (in thousands) 444,358 436,800 438,202 472,632 439,956 412,989 412,989 412,989
Announcement Date 1/31/20 1/29/21 1/28/22 1/31/23 1/31/24 1/31/25 - -
1USD
Estimates
2024 2025 *
P/E ratio 22.8x 13.3x
PBR 1.8x 1.78x
EV / Sales 0.32x 0.52x
Yield 3.76% 3.91%
More valuation ratios * Estimated data

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Trading Rating
Investor Rating
ESG MSCI
AA
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
20
Last Close Price
120.30USD
Average target price
136.97USD
Spread / Average Target
+13.86%
Consensus

Quarterly revenue - Rate of surprise

  1. Stock Market
  2. Equities
  3. PSX Stock
  4. Financials Phillips 66