Company Valuation: Phillips 66

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 31,752 49,192 58,576 47,052 51,993 68,820 - -
Change - 54.92% 19.08% -19.67% 10.5% 32.37% - -
Enterprise Value (EV) 1 43,053 60,249 74,612 65,376 70,593 85,365 83,033 80,420
Change - 39.94% 23.84% -12.38% 7.98% 20.93% -2.73% -3.15%
P/E 24.4x 4.47x 8.6x 22.8x 12x 8.41x 8.14x 7.19x
PBR 1.66x 1.64x 1.86x 1.7x 1.78x 2.1x 1.89x 1.75x
PEG - 0x -0.3x -0.3x 0x 0.1x 2.47x 0.5x
Capitalization / Revenue 0.28x 0.28x 0.39x 0.32x 0.38x 0.45x 0.48x 0.51x
EV / Revenue 0.37x 0.34x 0.5x 0.45x 0.52x 0.56x 0.58x 0.59x
EV / EBITDA 6.84x 3.99x 5.89x 9.01x 8.44x 6.5x 6.57x 6.8x
EV / EBIT 18.5x 3.95x 7.2x 18.3x 10.9x 8.43x 8.67x 9.68x
EV / FCF 10.4x 6.99x 16.2x 28x 25.9x 11.5x 11.7x 11.2x
FCF Yield 9.66% 14.3% 6.18% 3.57% 3.87% 8.72% 8.52% 8.91%
Dividend per Share 2 3.64 3.83 4.2 4.5 4.75 5.042 5.26 5.399
Rate of return 5.02% 3.68% 3.15% 3.95% 3.68% 2.94% 3.06% 3.15%
EPS 2 2.97 23.27 15.48 4.99 10.79 20.42 21.09 23.88
Distribution rate 123% 16.5% 27.1% 90.2% 44% 24.7% 24.9% 22.6%
Net sales 1 114,852 175,702 149,890 145,496 136,560 153,381 142,363 135,926
EBITDA 1 6,291 15,090 12,672 7,254 8,363 13,140 12,644 11,824
EBIT 1 2,321 15,258 10,366 3,582 6,459 10,125 9,580 8,311
Net income 1 1,317 11,024 7,015 2,117 4,403 8,073 7,699 9,066
Net Debt 1 11,301 11,057 16,036 18,324 18,600 16,545 14,213 11,600
Reference price 2 72.46 104.08 133.14 113.93 129.04 171.65 171.65 171.65
Nbr of stocks (in thousands) 438,202 472,632 439,956 412,989 402,921 400,935 - -
Announcement Date 1/28/22 1/31/23 1/31/24 1/31/25 2/4/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.75x1.48x6.56x3.01% 570B
20.63x1.71x9.81x0.48% 189B
9.96x0.27x4.44x7.03% 77.47B
8.11x0.59x5.57x1.88% 75.74B
7.12x0.67x5.51x1.6% 74.02B
8.14x1.58x4.19x3.15% 64.14B
11.17x1.31x7.22x2.14% 54.83B
6.91x0.64x3.71x5.32% 31.08B
6.13x0.4x3.25x5.12% 26.97B
Average 9.99x 0.96x 5.58x 3.3% 129.26B
Weighted average by Cap. 12.06x 1.28x 6.56x 2.78%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield