Revenue vs Net income
Reported dollars from 10-Q / 10-K filings. Q4 bars are derived (annual less nine months) where the 10-K does not tag Q4 separately.
Margin trend
Gross, operating and net margin. Margins are derived from reported dollars.
Revenue YoY growth
Year-over-year change vs the same quarter (or fiscal year) a year earlier. Shown where the prior-year period is in the 8-quarter snapshot (latest four quarters).
Income statement
From 10-Q / 10-K XBRL. Values in reported dollars; EPS in $/share; share counts in shares.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Revenue | $111.5B | $170.0B | $147.4B | $143.2B | $132.4B |
| YoY | — | +52.5% | -13.3% | -2.9% | -7.5% |
| Cost of goods sold | $102.1B | $149.9B | $128.1B | $130.0B | $116.1B |
| YoY | — | +46.8% | -14.6% | +1.5% | -10.7% |
| Gross profit | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Research & development | $47.0M | $42.0M | $27.0M | $15.0M | $6.0M |
| YoY | — | -10.6% | -35.7% | -44.4% | -60.0% |
| Selling, general & administrative | $1.7B | $2.2B | $2.5B | $2.8B | $2.4B |
| YoY | — | +24.3% | +16.5% | +11.4% | -13.4% |
| Operating income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Pretax income | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Income tax | $146.0M | $3.2B | $2.2B | $500.0M | $892.0M |
| YoY | — | +2124.7% | -31.3% | -77.6% | +78.4% |
| Net income | $1.3B | $11.0B | $7.0B | $2.1B | $4.4B |
| YoY | — | +737.1% | -36.4% | -69.8% | +108.0% |
| EPS — basic | $2.97 | $23.36 | $15.56 | $5.01 | $10.82 |
| YoY | — | +686.5% | -33.4% | -67.8% | +116.0% |
| EPS — diluted | $2.97 | $23.27 | $15.48 | $4.99 | $10.79 |
| YoY | — | +683.5% | -33.5% | -67.8% | +116.2% |
| Weighted shares — basic | 440.0M | 471.5M | 450.1M | 420.2M | 406.0M |
| Weighted shares — diluted | 440.4M | 473.7M | 453.2M | 421.9M | 408.1M |
Balance sheet
Point-in-time values at each quarter (or fiscal year) end.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Cash & equivalents | $3.1B | $6.1B | $3.3B | $1.7B | $1.1B |
| YoY | — | +94.9% | -45.8% | -47.7% | -35.8% |
| Marketable securities (current) | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Accounts receivable | $7.5B | $11.0B | $11.7B | $11.0B | $9.8B |
| YoY | — | +47.1% | +6.8% | -5.9% | -11.4% |
| Inventory | $3.4B | $3.3B | $3.8B | $4.0B | $5.1B |
| YoY | — | -3.5% | +14.5% | +6.5% | +27.6% |
| Total current assets | $14.7B | $21.9B | $19.9B | $17.9B | $17.3B |
| YoY | — | +49.2% | -9.0% | -10.2% | -3.6% |
| Total assets | $55.6B | $76.4B | $75.5B | $72.6B | $73.7B |
| YoY | — | +37.5% | -1.2% | -3.9% | +1.5% |
| Total current liabilities | $12.8B | $15.9B | $15.9B | $15.1B | $13.3B |
| YoY | — | +24.1% | -0.2% | -4.8% | -11.7% |
| Total liabilities | $34.0B | $42.3B | $43.9B | $44.1B | $43.4B |
| YoY | — | +24.7% | +3.6% | +0.6% | -1.5% |
| Total equity | $19.2B | $29.5B | $30.6B | $27.4B | $29.1B |
| YoY | — | +53.9% | +3.7% | -10.4% | +6.1% |
| Shares outstanding | — | — | — | — | — |
| YoY | — | — | — | — | — |
Cash flow
Quarterly values derived from year-to-date filings (Q4 from the 10-K). Free cash flow = operating cash flow − capital expenditures.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Operating cash flow | $6.0B | $10.8B | $7.0B | $4.2B | $5.0B |
| YoY | — | +79.7% | -35.0% | -40.4% | +18.4% |
| Capital expenditures | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Free cash flow | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Dividends paid | — | — | — | — | — |
| YoY | — | — | — | — | — |
| Share repurchases | $0 | $1.5B | $4.0B | $3.5B | $1.2B |
| YoY | — | — | +165.3% | -14.0% | -65.0% |
Margins & ratios
Derived from the reported dollars above — no separate source.
| FY21 | FY22 | FY23 | FY24 | FY25 | |
|---|---|---|---|---|---|
| Gross margin | — | — | — | — | — |
| Operating margin | — | — | — | — | — |
| Net margin | 1.2% | 6.5% | 4.8% | 1.5% | 3.3% |
| Free cash flow margin | — | — | — | — | — |
| Effective tax rate | — | — | — | — | — |
| Current ratio | 1.15x | 1.38x | 1.26x | 1.19x | 1.30x |
| Total liabilities / equity | 1.77x | 1.44x | 1.43x | 1.61x | 1.49x |
Peer comparison — latest full year
Same sector (Energy), sorted by revenue. All figures from the same EDGAR XBRL snapshot.
| Ticker | Revenue | Revenue YoY | Gross margin | Operating margin | Net margin | FCF margin |
|---|---|---|---|---|---|---|
| PSX FY25 · this stock | $132.4B | -7.5% | — | — | 3.3% | — |
| XOM FY25 | $332.2B | -5.0% | — | — | 8.7% | 7.1% |
| CVX FY25 | $189.0B | -6.8% | — | — | 6.5% | — |
| MPC FY25 | $132.7B | -4.4% | — | 6.2% | 3.0% | 3.6% |
| COP FY25 | $58.9B | +7.7% | — | — | 13.6% | — |
| SLB FY25 | $35.7B | -1.6% | — | — | 9.4% | 13.4% |
| OKE FY25 | $33.6B | +55.0% | — | 17.1% | 10.1% | 7.3% |
| BKR FY25 | $27.7B | -0.3% | — | — | 9.3% | — |
| OXY FY23 | $23.2B | -36.8% | — | — | — | 28.6% |
| EOG FY25 | $22.6B | -4.5% | — | 28.2% | 22.0% | — |
| DVN FY25 | $17.2B | +7.8% | — | — | 15.4% | — |
Source: SEC EDGAR XBRL company facts (10-Q / 10-K), snapshot generated 2026-11-03 for 218 tickers. Q4 values are derived as the 10-K annual less the first nine months, since Q4 is not separately tagged in company facts; cash-flow quarterly values are derived from year-to-date filings the same way. Free cash flow = operating cash flow − capital expenditures. Blank cells mean the filing does not report that line item under a standard US-GAAP tag — nothing is estimated or filled in. Descriptive research, not investment advice. How EarnIQ builds fundamentals.