Phillips 66 (PSX)财务
NYSE · Energy · Oil & Gas Refining & Marketing · 员工12,600人 · CEO Mark E. Lashier
- 股价
- $282.83 +3.37%
- 市值
- $1100亿
- 企业价值
- $1230亿
- 最近财报
- Q3 '26 2026-10-28提交
- 下次财报
- 2027-02-03 EPS预期 $10.89
营收(TTM)$1700亿+28.6% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)9.3%+7.9 百分点 对比去年同期营业利润 $157亿
净利润(TTM)$126亿+735.6% 对比去年同期税后,含营业外收益
自由现金流(TTM)$143亿+961.9% 对比去年同期资本支出 $6.82亿
稀释EPS(TTM)$31.31+756.1% 对比去年同期最近4个季度之和
净现金-$127亿+36.3% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $1100亿 EV $1230亿
- 营收
- $1700亿 过去12个月
- 营收增速
- +37% FY2026年一致预期
- 净利润率
- 7.4% 净利润 / 营收,TTM
- P/E
- 9.0× 预期 8.5×(FY2026)
- P/S
- 0.7× 股价 / 营收,TTM
- EV / EBITDA
- 6.3× TTM
- 自由现金流
- $143亿 过去12个月
- 净利润
- $126亿 过去12个月
- 营收预期
- $1810亿 FY2026年一致预期
- 盈利
- 2027-02-03 营收预期 $468亿
- 股息
- $5.01 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-28):营收超预期14.1%,EPS 超预期20.0%营收$512亿,预期$449亿(+14.1%);EPS $14.08,预期$11.73(+20.0%)。
- 营收增长加速:同比46.5%Q3 '26营收$505亿,此前四个季度的平均值为16.0%。
- 营业利润率9.3%(TTM),较去年同期+7.9 百分点营收增长28.6%,营业利润增长746.7%。
- 资本支出占营收的0.4%(去年为1.6%)最近4个季度投入$6.82亿(同比-66.8%)。自由现金流$143亿,相当于净利润的114.1%。
- 股东回报$52亿 = 自由现金流的36.2%回购$32亿(去年为$15.8亿),股息$20亿,股权激励$0(TTM)。
- 稀释股数一年内减少1.6%Q3 '26稀释股数3.99亿,一年前为4.06亿。
- 净债务 $127亿现金 + 短期投资 $58.5亿,含租赁债务 $185亿;一年前净债务 $199亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $505亿 | $345亿 | +46.5% |
| 毛利率 | 15.6% | 5.5% | +10.0 百分点 |
| 营业利润 | $64亿 | $9.01亿 | +609.9% |
| 营业利润率 | 12.7% | 2.6% | +10.0 百分点 |
| 净利润 | $56.2亿 | $1.33亿 | +4,122.6% |
| 稀释EPS | $14.08 | $0.32 | +4,300.0% |
| 经营现金流 | $72.8亿 | $11.8亿 | +518.1% |
| 资本支出 | -$13.1亿 | $5.41亿 | -341.8% |
| 自由现金流 | $85.9亿 | $6.37亿 | +1,248.4% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $0 | $0 | – |
实际 vs 一致预期
2026-10-28| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $512亿 | $449亿 | +14.1% |
| EPS(一致预期口径) | $14.08 | $11.73 | +20.0% |
来自2026-10-28发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Consolidation, Eliminations | $279亿 | +97.8% | 70.5% | – | – | |
| Refined petroleum products and renewable fuels | – | – | – | – | – | |
| Natural Gas Liquids | $52.2亿 | +27.7% | 13.2% | – | – | |
| Crude oil resales | – | – | – | – | – | |
| Crude Oil | $65.4亿 | +54.3% | 16.5% | – | – | |
| Natural gas liquids and natural gas | – | – | – | – | – | |
| Other Product Line | -$8900万 | -113.2% | -0.2% | – | – | |
| Services and other | – | – | – | – | – |
按地区划分的营收
占总额比例| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| United States | $411亿 | +52.4% | 81.3% | $1350亿 | +30.1% | |
| United Kingdom | $61.8亿 | +82.2% | 12.2% | $193亿 | +54.4% | |
| Other Geographical Areas | $24亿 | -14.3% | 4.7% | $102亿 | -1.8% | |
| GERMANY | $8.72亿 | -35.8% | 1.7% | $34.9亿 | -31.9% |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $150亿
- 资本支出
- -$6.82亿
- 股票回购
- -$32亿
- 股息
- -$20亿
- 收购
- $21.3亿
- 债务净发行
- -$34.3亿
- 股权激励费用
- $0
- 自由现金流
- $143亿
- 股东回报 / FCF
- 36.2%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 9.0× | 14.4× | 4.5× – 24.4× |
| EV / EBITDA | 6.3× | 7.9× | 3.6× – 11.1× |
| EV / 营收 | 0.7× | 0.5× | 0.4× – 0.6× |
| 股价 / FCF | 7.7× | 13.2× | 5.7× – 20.5× |
| 股价 / 净资产 | 3.3× | 1.8× | 1.7× – 2.0× |
| FCF收益率 | 13.0% | 9.7% | 4.9% – 17.6% |
| 投入资本回报率 | 19.1% | 6.7% | 2.5% – 12.8% |
| 净资产收益率 | 40.7% | 18.0% | 6.9% – 37.4% |
分析师
一致目标价 $290.50 (+2.7%)
区间 $216.00 – $346.00 · 评级 Buy
强烈买入0
买入19
持有15
卖出1
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $1810亿 | +36.9% | $33.25 | +208.2% | 8.5× | 8 |
| FY2027 | $1680亿 | -7.5% | $31.82 | -4.3% | 8.9× | 11 |
| FY2028 | $1580亿 | -5.9% | $21.60 | -32.1% | 13.1× | 4 |
| FY2029 | $1730亿 | +10.0% | $46.14 | +113.6% | 6.1× | 1 |
| FY2030 | $1860亿 | +7.0% | $75.94 | +64.6% | 3.7× | 1 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Phillips 66在近期10-Q / 10-K文件中标记的全部300项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| 9,0032026-03-31 | – | – | – | – | – | |
| Accounts and Financing Receivable, after Allowance for Credit Loss, Noncurrent | $3.03亿2025-12-31 | $1.74亿 | +74.1% | $3.03亿 | $1.74亿 | +74.1% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $132亿 | $105亿 | +25.5% | $97.7亿 | $110亿 | -11.4% |
| Accounts Receivable, Allowance for Credit Loss, Current | $7200万 | $7300万 | -1.4% | $6800万 | $7000万 | -2.9% |
| Accounts Receivable, before Allowance for Credit Loss | $109亿 | $86.2亿 | +26.4% | $77.8亿 | $86.2亿 | -9.7% |
| Accretion Expense, Including Asset Retirement Obligations | $1400万 | $1200万 | +16.7% | $4700万 | $4000万 | +17.5% |
| Accrual for Environmental Loss Contingencies | $4.72亿 | $5.21亿 | -9.4% | $5.06亿 | $4.39亿 | +15.3% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$2.54亿 | -$1.63亿 | -55.8% | -$1.67亿 | -$4.07亿 | +59.0% |
| Additional Paid in Capital, Common Stock | $201亿 | $199亿 | +1.1% | $199亿 | $198亿 | +0.8% |
| Advertising Expense | – | – | – | $6200万 | $5100万 | +21.6% |
| Amortization of Intangible Assets | – | – | – | $1.38亿 | $5300万 | +160.4% |
| Asset Impairment Charges | $3200万 | $9.51亿 | -96.6% | $10.6亿 | $4.56亿 | +132.5% |
| Asset Retirement Obligation | $7.21亿2025-12-31 | $7.71亿 | -6.5% | $7.21亿 | $7.71亿 | -6.5% |
| Asset Retirement Obligation, Accretion Expense | – | – | – | $3400万 | $2700万 | +25.9% |
| Asset Retirement Obligation, Cash Paid to Settle | – | – | – | $8400万 | $2500万 | +236.0% |
| Asset Retirement Obligation, Foreign Currency Translation Gain (Loss) | – | – | – | -$1500万 | $700万 | -314.3% |
| Asset Retirement Obligation, Liabilities Incurred | – | – | – | $4200万 | $2.61亿 | -83.9% |
| Asset Retirement Obligation, Liabilities Settled | – | – | – | $1.38亿 | $5500万 | +150.9% |
| Asset Retirement Obligation, Period Increase (Decrease) | – | – | – | -$5000万 | $2.34亿 | -121.4% |
| Asset Retirement Obligation, Revision of Estimate | – | – | – | $8100万 | $3300万 | +145.5% |
| Assets | $860亿 | $761亿 | +12.9% | $737亿 | $726亿 | +1.5% |
| Assets, Current | $279亿 | $220亿 | +26.8% | $173亿 | $179亿 | -3.6% |
| Assets, Fair Value Disclosure | $112亿 | $27.9亿 | +302.9% | $29.7亿 | $24.7亿 | +20.3% |
| Cash and Cash Equivalents, at Carrying Value | $58.5亿 | $18.5亿 | +217.0% | $11.2亿 | $17.4亿 | -35.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $58.5亿 | $18.5亿 | +217.0% | $17.4亿2024-12-31 | $33.2亿 | -47.7% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Disposal Group, Including Discontinued Operations | $0 | $1.05亿 | -100.0% | – | – | – |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations | $58.5亿 | $19.5亿 | +199.9% | $11.2亿 | $17.4亿 | -35.8% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $17.5亿 | $8.06亿 | +117.0% | -$6.22亿 | -$15.9亿 | +60.8% |
| Common Stock, Dividends, Per Share, Cash Paid | $1.27 | $1.20 | +5.8% | $4.75 | $4.50 | +5.6% |
| Common Stock, Par or Stated Value Per Share | $0.01 | $0.01 | 0.0% | $0.01 | $0.01 | 0.0% |
| Common Stock, Shares Authorized | 25亿 | 25亿 | 0.0% | 25亿 | 25亿 | 0.0% |
| Common Stock, Shares, Issued | 6.62亿 | 6.59亿 | +0.4% | 6.59亿 | 6.57亿 | +0.4% |
| Common Stock, Value, Issued | $700万 | $700万 | 0.0% | $700万 | $700万 | 0.0% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $2300万 | $3400万 | -32.4% | $1.25亿 | $5800万 | +115.5% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $56.2亿 | $8800万 | +6,284.1% | $46.4亿 | $19.9亿 | +133.1% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $56.4亿 | $1.22亿 | +4,523.8% | $47.7亿 | $20.5亿 | +132.6% |
| Continuing Involvement with Derecognized Transferred Financial Assets, Amount Outstanding | $6.93亿 | – | – | – | – | – |
| Contract with Customer, Asset, before Allowance for Credit Loss | $9.31亿 | $7.69亿 | +21.1% | $8.2亿 | $6.43亿 | +27.5% |
| Contract with Customer, Liability | $2.4亿 | $2.15亿 | +11.6% | $1.98亿 | $2.32亿 | -14.7% |
| Cost of Goods and Services Sold | $408亿 | $302亿 | +35.1% | $1160亿 | $1300亿 | -10.7% |
| Current Federal Tax Expense (Benefit) | – | – | – | $3.9亿 | $6.62亿 | -41.1% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $2.61亿 | $7800万 | +234.6% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $6300万 | $1100万 | +472.7% |
| Debt and Lease Obligation | $197亿2025-12-31 | $201亿 | -1.7% | $197亿 | $201亿 | -1.7% |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $1.73亿2025-12-31 | $1.69亿 | +2.4% | $1.73亿 | $1.69亿 | +2.4% |
| Debt, Current | $10.5亿 | $25.9亿 | -59.6% | $10.4亿 | $18.3亿 | -43.3% |
| Debt, Long-term and Short-term, Combined Amount | $195亿2025-12-31 | $199亿 | -1.7% | $195亿 | $199亿 | -1.7% |
| Deferred Credits and Other Liabilities, Noncurrent | $29.4亿 | $23.5亿 | +25.2% | $25.3亿 | $18.7亿 | +35.5% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $1.14亿 | -$2.82亿 | +140.4% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $5700万 | $9500万 | -40.0% |
| Deferred Income Tax Expense (Benefit) | $2.42亿 | $1400万 | +1,628.6% | $1.78亿 | -$2.51亿 | +170.9% |
| Deferred Income Tax Liabilities, Net | $76.9亿 | $69.7亿 | +10.3% | $73.1亿 | $71亿 | +2.9% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $700万 | -$6400万 | +110.9% |
| Deferred Tax Assets, Gross | $12.5亿2025-12-31 | $12.9亿 | -2.7% | $12.5亿 | $12.9亿 | -2.7% |
| Deferred Tax Assets, Inventory | $800万2025-12-31 | $8200万 | -90.2% | $800万 | $8200万 | -90.2% |
| Deferred Tax Assets, Net of Valuation Allowance | $10.9亿2025-12-31 | $11.5亿 | -5.0% | $10.9亿 | $11.5亿 | -5.0% |
| Deferred Tax Assets, Other | $2.46亿2025-12-31 | $2.99亿 | -17.7% | $2.46亿 | $2.99亿 | -17.7% |
| Deferred Tax Assets, Tax Deferred Expense, Compensation and Benefits | $2.96亿2025-12-31 | $3.55亿 | -16.6% | $2.96亿 | $3.55亿 | -16.6% |
| Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Other | $7200万2025-12-31 | $9100万 | -20.9% | $7200万 | $9100万 | -20.9% |
| Deferred Tax Assets, Valuation Allowance | $1.6亿2025-12-31 | $1.37亿 | +16.8% | $1.6亿 | $1.37亿 | +16.8% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
数据截至 2026-11-01