Phillips 66(PSX)Earnings, Financials & Key Ratios

PSX•NYSE

$180.26

$72.27B mkt cap·16.7× P/E·Price updated May 6, 2026

SectorEnergy IndustryOil Refining & Marketing Sub-IndustryPetroleum Refining and Marketing

AboutPhillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, aviation, and renewable fuels at 12 refineries in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels primarily in the United States and Europe. This segment also manufactures and markets specialty products, such as base oils and lubricants. The company was founded in 1875 and is headquartered in Houston, Texas.Show more

Revenue$132.19B-7.6%
EBITDA$6.82B+44.2%
Net Income$4.4B+108.0%
EPS (Diluted)10.79+116.2%
Gross Margin4.91%+44.4%
EBITDA Margin5.16%+56.1%
Operating Margin2.66%+63.9%
Net Margin3.33%+125.2%
ROE15%+113.0%
ROIC5.34%+44.8%
Debt/Equity0.76+7.4%
Interest Coverage6.22+57.4%

Analysis→Technical→

PSX Key Insights

Phillips 66 (PSX) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Strong Piotroski F-Score: 7/9
✓13 consecutive years of dividend growth
✓Momentum leader: RS Rating 81 (top 19%)
✓Strong 5Y sales CAGR of 15.7%
✓Healthy dividend yield of 2.6%
✓Share count reduced 3.3% through buybacks

✗Weaknesses

No significant weaknesses identified

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

PSX Price & Volume

Phillips 66 (PSX) stock price & volume — 10-year historical chart

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PSX Growth Metrics

Phillips 66 (PSX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years4.51%

5 Years15.72%

3 Years-8.06%

TTM-1.33%

Profit CAGR

10 Years0.41%

5 Years-

3 Years-26.36%

TTM122.14%

EPS CAGR

10 Years3.39%

5 Years-

3 Years-22.6%

TTM131.35%

Return on Capital

10 Years6.86%

5 Years9.2%

3 Years7.9%

Last Year5.97%

PSX Recent Earnings

Phillips 66 (PSX) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 8/12 qtrs (67%)●Beat Revenue 7/12 qtrs (58%)

Q2 2026Latest

Apr 29, 2026

EPS

$0.49

Est $0.54

+190.3%

Revenue

$33.0B

Est $35.9B

-8.0%

Q1 2026

Feb 4, 2026

EPS

$2.47

Est $2.15

+14.9%

Revenue

$36.3B

Est $33.9B

+7.3%

Q4 2025

Oct 29, 2025

EPS

$2.52

Est $2.14

+17.8%

Revenue

$35.0B

Est $33.5B

+4.3%

Q3 2025

Jul 25, 2025

EPS

$2.38

Est $1.72

+38.4%

Revenue

$33.3B

Est $33.3B

+0.1%

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	Apr 29, 2026	$0.49vs $0.54+190.3%	$33.0Bvs $35.9B-8.0%
Q1 2026	Feb 4, 2026	$2.47vs $2.15+14.9%	$36.3Bvs $33.9B+7.3%
Q4 2025	Oct 29, 2025	$2.52vs $2.14+17.8%	$35.0Bvs $33.5B+4.3%
Q3 2025	Jul 25, 2025	$2.38vs $1.72+38.4%	$33.3Bvs $33.3B+0.1%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	FCF Yield	Debt / Equity
VLOValero Energy CorporationDirect Competitor	75.79B	253.45	33.48	-5.54%	3.33%	15.69%	6.64%	0.44
MPCMarathon Petroleum CorporationDirect Competitor	76.72B	260.51	19.63	-4.44%	3.41%	19.57%	6.21%	1.43
PBFPBF Energy Inc.Direct Competitor	5.43B	46.19	-33.23	-11.42%	-0.54%	-2.98%		0.53
DKDelek US Holdings, Inc.Direct Competitor	3.01B	49.04	-129.05	-9.53%	-0.48%	-12.94%	0.73%	6.13
CVXChevron CorporationProduct Competitor	384.42B	192.66	29.06	-4.64%	6.67%	7.18%	4.32%	0.24
XOMExxon Mobil CorporationProduct Competitor	656.38B	154.88	23.12	-4.52%	8.91%	10.74%	3.6%	0.16
COPConocoPhillipsProduct Competitor	150.31B	123.32	19.42	7.51%	12.56%	11.29%	11.16%	0.36
MPLXMPLX LpProduct Competitor	56.51B	55.66	11.55	8.37%	37.54%	32.81%	7.26%	1.80

Compare PSX vs Peers

Phillips 66 (PSX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs VLO

Most directly comparable listed peer for PSX.

Scale Benchmark

vs XOM

Larger-name benchmark to compare PSX against a more recognizable public peer.

Peer Set

Compare Top 5

vs VLO, MPC, PBF, DK

PSX Income Statement

Phillips 66 (PSX) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Sales/Revenue	89.55B	111.27B	107.44B	63.69B	111.94B	170.12B	147.26B	143.12B	132.19B	135.77B
Revenue Growth %	25.51%	24.26%	-3.44%	-40.72%	75.76%	51.97%	-13.44%	-2.81%	-7.64%	-1.33%
Cost of Goods Sold	85.43B	104.13B	102.13B	63.51B	108.56B	157.35B	135.98B	138.25B	125.7B	126.21B
COGS % of Revenue	95.4%	93.58%	95.05%	99.72%	96.98%	92.49%	92.34%	96.6%	95.09%	-
Gross Profit	4.12B▲ 0%	7.14B▲ 73.5%	5.32B▼ 25.6%	180M▼ 96.6%	3.38B▲ 1777.2%	12.77B▲ 278.0%	11.29B▼ 11.6%	4.86B▼ 56.9%	6.49B▲ 33.4%	9.56B▲ 0%
Gross Margin %	4.6%	6.42%	4.95%	0.28%	3.02%	7.51%	7.66%	3.4%	4.91%	7.04%
Gross Profit Growth %	18.34%	73.52%	-25.6%	-96.61%	1777.22%	277.95%	-11.64%	-56.91%	33.37%	-
Operating Expenses	2.1B	2.1B	2.09B	2.01B	2.15B	2.7B	3.02B	2.54B	2.97B	3.23B
OpEx % of Revenue	2.35%	1.89%	1.95%	3.15%	1.92%	1.59%	2.05%	1.77%	2.24%	-
Selling, General & Admin	1.64B	1.62B	1.63B	1.5B	1.7B	2.13B	2.28B	2.19B	2.17B	2.43B
SG&A % of Revenue	1.83%	1.46%	1.51%	2.35%	1.52%	1.25%	1.55%	1.53%	1.64%	-
Research & Development	60M	55M	54M	48M	47M	42M	27M	15M	6M	0
R&D % of Revenue	0.07%	0.05%	0.05%	0.08%	0.04%	0.02%	0.02%	0.01%	0%	-
Other Operating Expenses	408M	425M	409M	464M	410M	530M	707M	329M	791M	4M
Operating Income	2.01B▲ 0%	5.04B▲ 150.3%	3.23B▼ 36.0%	-1.83B▼ 156.7%	1.23B▲ 167.0%	10.07B▲ 722.3%	8.27B▼ 17.9%	2.32B▼ 71.9%	3.52B▲ 51.4%	6.34B▲ 0%
Operating Margin %	2.25%	4.53%	3%	-2.87%	1.09%	5.92%	5.61%	1.62%	2.66%	4.67%
Operating Income Growth %	31.29%	150.35%	-36.04%	-156.68%	167.01%	722.29%	-17.92%	-71.88%	51.4%	-
EBITDA	3.35B	6.42B	4.59B	-411M	2.85B	11.72B	10.27B	4.73B	6.82B	9.39B
EBITDA Margin %	3.75%	5.77%	4.27%	-0.65%	2.55%	6.89%	6.98%	3.3%	5.16%	6.92%
EBITDA Growth %	23.17%	91.44%	-28.53%	-108.96%	794.4%	310.83%	-12.38%	-53.98%	44.21%	207.8%
D&A (Non-Cash Add-back)	1.34B	1.38B	1.36B	1.42B	1.63B	1.65B	2.01B	2.4B	3.3B	3.05B
EBIT	3.99B	7.95B	4.64B	-4.46B	2.32B	15.26B	10.37B	3.58B	6.46B	8.44B
Net Interest Income	-407M	-459M	-415M	-485M	-570M	-537M	-628M	-749M	-898M	-1.1B
Interest Income	31M	45M	43M	14M	11M	82M	269M	158M	141M	0
Interest Expense	438M	504M	458M	499M	581M	619M	897M	907M	1.04B	1.1B
Other Income/Expense	1.54B	2.4B	953M	-3.14B	515M	4.57B	1.2B	350.1M	1.9B	-1.31B
Pretax Income	3.56B▲ 0%	7.45B▲ 109.4%	4.18B▼ 43.9%	-4.96B▼ 218.8%	1.74B▲ 135.1%	14.64B▲ 741.3%	9.47B▼ 35.3%	2.67B▼ 71.7%	5.42B▲ 102.6%	5.03B▲ 0%
Pretax Margin %	3.97%	6.69%	3.89%	-7.79%	1.55%	8.61%	6.43%	1.87%	4.1%	3.71%
Income Tax	-1.69B	1.57B	801M	-1.25B	146M	3.25B	2.23B	500M	892M	811M
Effective Tax Rate %	-47.62%	21.11%	19.17%	25.18%	8.39%	22.19%	23.55%	18.69%	16.46%	16.12%
Net Income	5.11B▲ 0%	5.59B▲ 9.6%	3.08B▼ 45.0%	-3.98B▼ 229.5%	1.31B▲ 133.0%	11.02B▲ 738.3%	7B▼ 36.5%	2.12B▼ 69.8%	4.4B▲ 108.0%	4.12B▲ 0%
Net Margin %	5.7%	5.03%	2.86%	-6.25%	1.17%	6.48%	4.76%	1.48%	3.33%	3.04%
Net Income Growth %	228.36%	9.58%	-45.02%	-229.49%	133.02%	738.33%	-36.47%	-69.77%	107.98%	122.14%
Net Income (Continuing)	5.25B	5.87B	3.38B	-3.71B	1.59B	11.39B	7.24B	2.17B	4.53B	4.22B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	2.34B	2.5B	2.26B	2.54B	2.47B	4.61B	1.07B	1.05B	1.15B	1.15B
EPS (Diluted)	9.85▲ 0%	11.80▲ 19.8%	6.77▼ 42.6%	-9.06▼ 233.8%	2.97▲ 132.8%	23.27▲ 683.5%	15.45▼ 33.6%	4.99▼ 67.7%	10.79▲ 116.2%	10.22▲ 0%
EPS Growth %	237.33%	19.8%	-42.63%	-233.83%	132.78%	683.5%	-33.61%	-67.7%	116.23%	131.35%
EPS (Basic)	9.90	11.89	6.80	-9.06	2.97	23.36	15.56	5.01	10.84	-
Diluted Shares Outstanding	518.51M	474.05M	453.89M	439.53M	440.36M	473.73M	453.21M	421.89M	408.05M	403.27M
Basic Shares Outstanding	515.09M	470.71M	451.36M	439.53M	440.03M	471.5M	450.14M	420.17M	406.01M	402.04M
Dividend Payout Ratio	27.32%	25.67%	51.04%	-	120.53%	16.26%	26.87%	88.9%	43.65%	-

PSX Balance Sheet

Phillips 66 (PSX) balance sheet — assets, liabilities & shareholders' equity

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Current Assets	14.39B	13.21B	14.39B	13.28B	14.7B	21.92B	19.94B	17.91B	17.27B	27.4B
Cash & Short-Term Investments	3.12B	3.02B	1.61B	2.51B	3.15B	6.13B	3.32B	1.74B	1.12B	5.15B
Cash Only	3.12B	3.02B	1.61B	2.51B	3.15B	6.13B	3.32B	1.74B	1.12B	5.15B
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	7.51B	6.17B	8.51B	6.52B	7.47B	10.98B	11.73B	11.03B	9.77B	11.91B
Days Sales Outstanding	30.59	20.25	28.91	37.38	24.36	23.57	29.07	28.14	26.98	29.28
Inventory	3.4B	3.54B	3.78B	3.89B	3.39B	3.28B	3.75B	4B	5.1B	6.72B
Days Inventory Outstanding	14.51	12.42	13.5	22.37	11.41	7.6	10.07	10.55	14.8	17.22
Other Current Assets	0	0	0	0	0	0	1.14B	1.14B	1.29B	3.61B
Total Non-Current Assets	39.98B	41.09B	44.33B	41.45B	40.9B	54.52B	55.56B	54.67B	56.41B	56.69B
Property, Plant & Equipment	21.46B	22.02B	23.79B	23.72B	22.43B	35.16B	35.71B	35.26B	39.1B	39.15B
Fixed Asset Turnover	4.17x	5.05x	4.52x	2.69x	4.99x	4.84x	4.12x	4.06x	3.38x	3.59x
Goodwill	3.27B	3.27B	3.27B	1.43B	1.48B	1.49B	1.55B	1.57B	1.43B	1.43B
Intangible Assets	876M	869M	869M	843M	813M	831M	920M	1.16B	978M	969M
Long-Term Investments	13.85B	14.32B	14.44B	13.18B	13.51B	14.62B	14.92B	14.38B	11.9B	49.68B
Other Non-Current Assets	528M	621M	1.99B	2.28B	2.65B	2.42B	2.46B	2.29B	3B	11.3B
Total Assets	54.37B▲ 0%	54.3B▼ 0.1%	58.72B▲ 8.1%	54.72B▼ 6.8%	55.59B▲ 1.6%	76.44B▲ 37.5%	75.5B▼ 1.2%	72.58B▼ 3.9%	73.68B▲ 1.5%	84.08B▲ 0%
Asset Turnover	1.65x	2.05x	1.83x	1.16x	2.01x	2.23x	1.95x	1.97x	1.79x	1.75x
Asset Growth %	5.26%	-0.13%	8.14%	-6.81%	1.6%	37.5%	-1.23%	-3.87%	1.51%	19.94%
Total Current Liabilities	10.11B	8.94B	11.65B	9.52B	12.8B	15.89B	15.86B	15.09B	13.33B	24.19B
Accounts Payable	8.03B	6.59B	8.57B	5.55B	8.46B	11.32B	10.9B	10.3B	8.87B	11.88B
Days Payables Outstanding	34.3	23.09	30.65	31.89	28.45	26.27	29.26	27.2	25.75	30.24
Short-Term Debt	41M	67M	547M	987M	1.49B	529M	1.48B	1.83B	1.61B	8.45B
Deferred Revenue (Current)	1B	1.12B	979M	1.35B	1.25B	1.4B	1.2B	0	0	0
Other Current Liabilities	-420M	-392M	-287M	-794M	-649M	-633M	-337M	732M	805M	2.29B
Current Ratio	1.42x	1.48x	1.24x	1.39x	1.15x	1.38x	1.26x	1.19x	1.30x	1.30x
Quick Ratio	1.09x	1.08x	0.91x	0.99x	0.88x	1.17x	1.02x	0.92x	0.91x	0.91x
Cash Conversion Cycle	10.8	9.58	11.76	27.86	7.32	4.9	9.88	11.48	16.03	16.27
Total Non-Current Liabilities	16.84B	18.21B	19.91B	23.68B	21.16B	26.45B	28B	29.03B	30.11B	30.21B
Long-Term Debt	10.07B	11.09B	11.22B	14.91B	12.96B	16.66B	17.88B	18.23B	19.67B	18.68B
Capital Lease Obligations	0	0	259M	248M	257M	0	0	0	1.6B	1.6B
Deferred Tax Liabilities	5.01B	5.28B	5.55B	5.64B	5.47B	6.67B	7.42B	7.1B	7.31B	28.62B
Other Non-Current Liabilities	1.76B	1.85B	2.88B	2.88B	2.46B	3.12B	2.69B	3.7B	1.53B	13.12B
Total Liabilities	26.94B	27.15B	31.55B	33.2B	33.96B	42.34B	43.85B	44.12B	43.44B	54.4B
Total Debt	10.11B	11.16B	12.04B	16.16B	14.74B	17.19B	19.36B	20.06B	22.88B	27.12B
Net Debt	6.99B	8.14B	10.43B	13.64B	11.59B	11.06B	16.04B	18.32B	21.77B	21.97B
Debt / Equity	0.37x	0.41x	0.44x	0.75x	0.68x	0.50x	0.61x	0.70x	0.76x	0.76x
Debt / EBITDA	3.01x	1.74x	2.62x	-	5.16x	1.47x	1.88x	4.24x	3.36x	2.89x
Net Debt / EBITDA	2.08x	1.27x	2.27x	-	4.06x	0.94x	1.56x	3.88x	3.19x	3.19x
Interest Coverage	9.12x	15.77x	10.12x	-8.95x	3.99x	24.65x	11.56x	3.95x	6.22x	7.65x
Total Equity	27.43B▲ 0%	27.15B▼ 1.0%	27.17B▲ 0.1%	21.52B▼ 20.8%	21.64B▲ 0.5%	34.11B▲ 57.6%	31.65B▼ 7.2%	28.46B▼ 10.1%	30.24B▲ 6.2%	29.68B▲ 0%
Equity Growth %	15.61%	-1%	0.06%	-20.78%	0.53%	57.63%	-7.2%	-10.07%	6.25%	-0.96%
Book Value per Share	52.90	57.28	59.86	48.97	49.13	71.99	69.84	67.47	74.11	73.60
Total Shareholders' Equity	25.09B	24.65B	24.91B	18.98B	19.17B	29.49B	30.58B	27.41B	29.09B	28.53B
Common Stock	6M	6M	6M	6M	7M	7M	7M	7M	7M	7M
Retained Earnings	16.31B	20.49B	22.06B	16.5B	16.22B	25.43B	30.55B	30.77B	33.24B	32.93B
Treasury Stock	-10.38B	-15.02B	-16.67B	-17.12B	-17.12B	-15.28B	-19.34B	-22.75B	-23.93B	-24.2B
Accumulated OCI	-617M	-692M	-788M	-789M	-445M	-460M	-282M	-407M	-167M	-231M
Minority Interest	2.34B	2.5B	2.26B	2.54B	2.47B	4.61B	1.07B	1.05B	1.15B	1.15B

PSX Cash Flow Statement

Phillips 66 (PSX) cash flow — operating, investing & free cash flow history

Line item	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	3.65B	7.57B	4.81B	2.11B	6.02B	10.81B	7.03B	4.19B	4.96B	4.96B
Operating CF Margin %	4.07%	6.81%	4.47%	3.31%	5.38%	6.36%	4.77%	2.93%	3.75%	-
Operating CF Growth %	23.12%	107.59%	-36.51%	-56.09%	185.03%	79.71%	-34.99%	-40.38%	18.4%	-1236.62%
Net Income	5.1B	5.59B	3.07B	-3.98B	1.31B	11.01B	7B	2.11B	4.53B	4.12B
Depreciation & Amortization	1.34B	1.38B	1.36B	1.42B	1.63B	1.65B	2.01B	2.4B	3.25B	3.02B
Stock-Based Compensation	0	0	0	0	0	0	0	0	0	0
Deferred Taxes	-1.89B	252M	183M	126M	-272M	1.32B	840M	-251M	178M	378M
Other Non-Cash Items	-968M	626M	1.02B	4.88B	1.24B	-3.24B	-1.01B	547M	-1.81B	-1.02B
Working Capital Changes	62M	-273M	-830M	-326M	2.12B	68M	-1.81B	-615M	-1.18B	-4.07B
Change in Receivables	-5.2B	-2.8B	-2.31B	2.02B	-922M	-2.07B	-696M	574M	-508M	-3.88B
Change in Inventory	-176M	-202M	-204M	-71M	511M	74M	-245M	-278M	160M	-284M
Change in Payables	1.15B	-1.55B	1.94B	-2.89B	2.92B	1.74B	-480M	-491M	-804M	1.83B
Cash from Investing	-1.46B	-2.47B	-3.69B	-3.08B	-1.9B	-1.99B	-5.86B	-2.46B	-1.97B	-4.16B
Capital Expenditures	-1.83B	-2.64B	-3.87B	-2.92B	-1.86B	-2.19B	-2.42B	-1.86B	-2.23B	-1.81B
CapEx % of Revenue	2.05%	2.37%	3.6%	4.58%	1.66%	1.29%	1.64%	1.3%	1.69%	-
Acquisitions	86M	57M	157M	51M	3M	-496M	-3.67B	457M	154M	63M
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	282M	111M	28M	-402M	2M	-10M	32M	-1.21B	24M	-2.5B
Cash from Financing	-2.11B	-5.17B	-2.51B	1.79B	-3.45B	-5.89B	-4.03B	-3.31B	-3.67B	5.3B
Debt Issued (Net)	-170M	1.04B	476M	4.13B	-1.51B	-2.43B	2.01B	2.13B	-379M	8.57B
Equity Issued (Net)	-350M	-4.48B	-1.45B	-433M	26M	-1.41B	-3.89B	-3.37B	-1.1B	-1.06B
Dividends Paid	-1.4B	-1.44B	-1.57B	-1.57B	-1.58B	-1.79B	-1.88B	-1.88B	-1.92B	-1.96B
Share Repurchases	-1.59B	-4.64B	-1.65B	-443M	0	-1.51B	-4.01B	-3.45B	-1.21B	-1.23B
Other Financing	-196M	-293M	28M	-328M	-376M	-255M	-260M	-190M	-268M	-249M
Net Change in Cash	408M▲ 0%	-100M▼ 124.5%	-1.41B▼ 1305.0%	900M▲ 164.1%	633M▼ 29.7%	2.99B▲ 371.7%	-2.81B▼ 194.1%	-1.58B▲ 43.6%	-622M▲ 60.8%	3.66B▲ 0%
Free Cash Flow	1.82B▲ 0%	4.93B▲ 171.7%	935M▼ 81.0%	-809M▼ 186.5%	4.16B▲ 613.8%	8.62B▲ 107.3%	4.61B▼ 46.5%	2.33B▼ 49.4%	2.73B▲ 17.0%	119M▲ 0%
FCF Margin %	2.03%	4.43%	0.87%	-1.27%	3.71%	5.07%	3.13%	1.63%	2.06%	0.09%
FCF Growth %	1426.05%	171.7%	-81.05%	-186.52%	613.84%	107.34%	-46.5%	-49.43%	17.02%	-95.98%
FCF per Share	3.50	10.41	2.06	-1.84	9.44	18.19	10.17	5.53	6.69	6.69
FCF Conversion (FCF/Net Income)	0.71x	1.35x	1.56x	-0.53x	4.58x	0.98x	1.00x	1.98x	1.13x	0.03x
Interest Paid	0	0	0	0	0	572M	816M	901M	0	0
Taxes Paid	0	0	0	0	0	2.07B	1.19B	1.19B	0	0

PSX Key Ratios

Phillips 66 (PSX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	19.96%	20.5%	11.33%	-16.36%	6.09%	39.55%	21.3%	7.04%	15%	14.14%
Return on Invested Capital (ROIC)	4.61%	10.85%	6.64%	-3.77%	2.69%	19.27%	13.36%	3.69%	5.34%	5.34%
Gross Margin	4.6%	6.42%	4.95%	0.28%	3.02%	7.51%	7.66%	3.4%	4.91%	7.04%
Net Margin	5.7%	5.03%	2.86%	-6.25%	1.17%	6.48%	4.76%	1.48%	3.33%	3.04%
Debt / Equity	0.37x	0.41x	0.44x	0.75x	0.68x	0.50x	0.61x	0.70x	0.76x	0.76x
Interest Coverage	9.12x	15.77x	10.12x	-8.95x	3.99x	24.65x	11.56x	3.95x	6.22x	7.65x
FCF Conversion	0.71x	1.35x	1.56x	-0.53x	4.58x	0.98x	1.00x	1.98x	1.13x	0.03x
Revenue Growth	25.51%	24.26%	-3.44%	-40.72%	75.76%	51.97%	-13.44%	-2.81%	-7.64%	-1.33%

PSX SEC Filings & Documents

Phillips 66 (PSX) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

Apr 29, 2026·SEC

Material company update

Apr 6, 2026·SEC

Material company update

Mar 18, 2026·SEC

10-K Annual Reports

FY 2026

Feb 20, 2026·SEC

FY 2025

Feb 21, 2025·SEC

10-Q Quarterly Reports

FY 2026

Apr 29, 2026·SEC

FY 2025

Oct 29, 2025·SEC

FY 2025

Jul 28, 2025·SEC

PSX Frequently Asked Questions

Phillips 66 (PSX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Phillips 66 (PSX) reported $135.77B in revenue for fiscal year 2025. This represents a 20% increase from $112.69B in 2009.

Phillips 66 (PSX) saw revenue decline by 7.6% over the past year.

Yes, Phillips 66 (PSX) is profitable, generating $4.12B in net income for fiscal year 2025 (3.3% net margin).

Dividend & Returns

Yes, Phillips 66 (PSX) pays a dividend with a yield of 2.61%. This makes it attractive for income-focused investors.

Phillips 66 (PSX) has a return on equity (ROE) of 15.0%. This is reasonable for most industries.

Phillips 66 (PSX) generated $119.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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