Phillips 66 (PSX) Revenue — Quarter Ended Jun 30, 2024
Revenue increased in the current quarter. The growth reflects improvements from the prior quarter and compared to the same period last year.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue increased in the current quarter. The growth reflects improvements from the prior quarter and compared to the same period last year.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$38.1B
Revenue reported for this quarter.
Quarter-over-quarter
+6.5%
Change from the immediately preceding quarter.
Year-over-year
+8.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$151.9B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2023 | $39.6B | -11.8% |
| Dec 31, 2023 | $38.3B | -5.0% |
| Mar 31, 2024 | $35.8B | +4.1% |
| Jun 30, 2024 | $38.1B | +8.7% |
Revenue performance
The company reported higher revenue for the quarter.
Quarterly comparison
Revenue rose compared to both the preceding quarter and the same quarter one year ago.
What to watch
Future revenue sustainability will depend on broader market conditions.