What is Phillips 66 Partners LP Gross-Profit-to-Asset %?
Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Phillips 66 Partners LP's annualizedGross Profit for the quarter that ended in Dec. 2021 was $1,184 Mil.
Phillips 66 Partners LP's average Total Assets over the quarter that ended in Dec. 2021 was $7,089 Mil. Therefore, Phillips 66 Partners LP's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2021 was 16.70%.
Phillips 66 Partners LP Gross-Profit-to-Asset % Historical Data
The historical data trend for Phillips 66 Partners LP's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Phillips 66 Partners LP's Gross-Profit-to-Asset %
For the Oil & Gas Midstream subindustry, Phillips 66 Partners LP's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Phillips 66 Partners LP's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Phillips 66 Partners LP's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where Phillips 66 Partners LP's Gross-Profit-to-Asset % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Dec. 2021) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
Phillips 66 Partners LP Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of Phillips 66 Partners LP's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Phillips 66 Partners LP (Phillips 66 Partners LP) Business Description
Phillips 66 Partners is a master limited partnership that provides fee-based transportation, processing, storage, and fractionation services primarily to Phillips 66, which owns a 74% limited partner interest. Phillips 66 Partners' primary revenue sources are long-term, fee-based contracts to handle crude, natural gas liquids, and refined products. Phillips 66 manages and operates Phillips 66 Partners as its noneconomic general partner. Phillips 66's general partner economic interest and incentive distribution rights were eliminated in August 2019.
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