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Phillips 66 PSX Equity Method Investments

Equity Method Investments at other companies

Cabot Corporation logo
Cabot CorporationCBT
$18M+28.6%
HES
Hess MidstreamHESM
$80M-6.4%
Main Street Capital logo
Main Street CapitalMAIN
$5.67B
MYR Group logo
MYR GroupMYRG
$3.4M-9.7%
CSW Industrials, Inc. logo
CSW Industrials, Inc.CSW
$2.5M-13.8%
Ryan Specialty Holdings logo
Ryan Specialty HoldingsRYAN
$116.43M+60.7%

Segments

By segment

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Midstream209,700,000,000%-7.3%
Refining7,000,000,000%-96.9%
Renewable Fuels1,500,000,000%0.0%
Chemicals50%0.0%

Other financials

Income statement

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Revenue$32.5B+6.9%
Gross profit$3.3B+20.0%
Net income$207.0M-57.5%
EPS (diluted)$0.51-56.8%

Balance sheet

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Cash & equivalents$5.2B+246%
Total debt$21.7B+0.7%
Total equity$28.5B+4.6%
Total assets$84.1B+17.0%

Cash flow

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Operating cash flow-$2.3B-1,311%

Valuation

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Market cap$68.86B+35.5%
P/E16.7×-10.7×
P/S0.5×+0.1×

Profitability

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Gross margin12.5%+3.4pp
Net margin3.1%+1.7pp

Returns & leverage

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Return on equity14.8%+8.3pp
Debt / equity0.7×0.0×
Current ratio1.1×-0.1×

Questions, answered.

What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.