What is PHILLIPS 66's earnings per share (EPS)?

PHILLIPS 66 (PSX) reported diluted earnings per share of $10.79 for fiscal year 2025. This represents a 116.2% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

PHILLIPS 66 (PSX) Financials

PSX

Trailing 12 months to June 30, 2026

Revenue $152.2B +14.4% YoY

Net Income $7.1B +312.9% YoY

EPS (Diluted) $17.51 +316.9% YoY

Operating Cash Flow $8.9B +165.5% YoY

Market Cap $111.5B as of Oct 9, 2026

Price / Sales 0.7x on $152.2B revenue, trailing 12 months to June 30, 2026

Price / Earnings 15.7x on $7.1B net income, trailing 12 months to June 30, 2026

Price / Book 3.5x on $31.5B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 9, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 5, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the PSX SEC filings page.

PHILLIPS 66 (PSX) reported $152.2B in revenue over the twelve months to Jun 30, 2026, up 14.4% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI PSX FY2025 2026-10-03

Phillips 66's profits swing far more than revenue, revealing a margin-sensitive business whose earnings depend on profitability per dollar rather than sales volume.

From FY2024 to FY2025, revenue declined while gross margin rose from 9.2% to 12.3%, so the earnings rebound came from improved economics on each sales dollar rather than demand growth. That margin recovery also explains why net margin moved from 1.5% to 3.3% even though the top line continued to shrink.

FY2025 operating cash flow of $5.0B exceeded net income of $4.4B, indicating reported profit was broadly backed by cash. In FY2024, operating cash flow remained above net income despite much weaker profitability, making cash generation less volatile than earnings across the downturn and rebound.

The balance sheet combines moderate leverage with a limited working-capital cushion: debt-to-equity was 0.6x and the current ratio 1.3x in FY2025, so financing is meaningful but near-term assets still exceeded near-term obligations. Dividends and buybacks totaled $3.1B against operating cash flow of $5.0B, showing shareholder distributions consume a large share of internally generated cash.

Financial Health Signals

Financial health score not available

PHILLIPS 66 does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.

Piotroski F-Score Strong

7/9

PHILLIPS 66 passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, 1 of 2 efficiency signals pass.

Earnings Quality Cash-Backed

1.13x

For every $1 of reported earnings, PHILLIPS 66 generates $1.13 in operating cash flow ($5.0B OCF vs $4.4B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$51.0B

YoY+53.1%

QoQ+56.7%

5Y CAGR+13.6%

10Y CAGR+8.8%

PHILLIPS 66 generated $51.0B in revenue in Q2 2026. This represents an increase of 53.1% from the same quarter a year earlier. Against the prior quarter it is up 56.7%.

Net Income

$3.8B

YoY+338.7%

QoQ+1758.5%

5Y CAGR+67.0%

10Y CAGR+22.7%

PHILLIPS 66 reported $3.8B in net income in Q2 2026. This represents an increase of 338.7% from the same quarter a year earlier. Against the prior quarter it is up 1758.5%.

EPS (Diluted)

$9.55

YoY+344.2%

QoQ+1772.5%

5Y CAGR+70.6%

10Y CAGR+26.2%

PHILLIPS 66 earned $9.55 per diluted share (EPS) in Q2 2026. This represents an increase of 344.2% from the same quarter a year earlier. Against the prior quarter it is up 1772.5%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Cash & Debt

$4.1B

YoY+289.6%

QoQ-20.4%

5Y CAGR+13.2%

10Y CAGR+6.3%

PHILLIPS 66 held $4.1B in cash against $18.8B in long-term debt as of Q2 2026.

Dividends Per Share

$1.27

YoY+5.8%

QoQ0.0%

5Y CAGR+7.1%

10Y CAGR+7.3%

PHILLIPS 66 paid $1.27 per share in dividends in Q2 2026. This represents an increase of 5.8% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

399M

YoY-1.3%

QoQ-0.5%

5Y CAGR-1.8%

10Y CAGR-2.7%

PHILLIPS 66 had 399M shares outstanding in Q2 2026. This represents a decrease of 1.3% from the same quarter a year earlier. Against the prior quarter it is down 0.5%.

Free Cash Flow

Not reported for Q2 2026.

Margins & Returns

Gross Margin

14.4%

YoY+1.6pp

QoQ+4.2pp

5Y change+7.8pp

PHILLIPS 66's gross margin was 14.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.2 percentage points.

Net Margin

7.5%

YoY+4.9pp

QoQ+6.9pp

5Y change+6.4pp

10Y change+5.3pp

PHILLIPS 66's net profit margin was 7.5% in Q2 2026, showing the share of revenue converted to profit. This is up 4.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.9 percentage points.

Return on Equity

12.2%

YoY+9.0pp

QoQ+11.5pp

5Y change+10.6pp

10Y change+10.0pp

PHILLIPS 66's ROE was 12.2% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 9.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 11.5 percentage points.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Share Buybacks

$379.0M

YoY-9.5%

QoQ+40.9%

10Y CAGR+4.6%

PHILLIPS 66 spent $379.0M on share buybacks in Q2 2026, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 9.5% from the same quarter a year earlier. Against the prior quarter it is up 40.9%.

R&D Spending

Not reported for Q2 2026.

Capital Expenditures

Not reported for Q2 2026.

PSX Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PSX quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$152.2B	$132.4B-7.5%	$143.2B-2.9%	$147.4B-13.3%	$170.0B+52.5%	$111.5B+73.8%	$64.1B-40.2%	$107.3B-3.7%	$111.5B+8.9%	$102.4B+21.4%	$84.3B-14.8%	$99.0B-38.6%	$161.2B-6.1%	$171.6B-4.3%	$179.3B-8.5%	$195.9B
Cost of Revenue	$132.2B	$116.1B-10.7%	$130.0B+1.5%	$128.1B-14.6%	$149.9B+46.8%	$102.1B+76.9%	$57.7B-39.6%	$95.5B-2.5%	$97.9B+23.3%	$79.4B+27.1%	$62.5B	N/A	N/A	N/A	N/A	N/A
Gross Profit	$19.9B	$16.3B+23.4%	$13.2B-31.7%	$19.3B-3.7%	$20.1B+114.0%	$9.4B+46.0%	$6.4B-45.4%	$11.8B-13.1%	$13.5B-41.0%	$22.9B+5.2%	$21.8B	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	$6.0M-60.0%	$15.0M-44.4%	$27.0M-35.7%	$42.0M-10.6%	$47.0M-2.1%	$48.0M-11.1%	$54.0M-1.8%	$55.0M-8.3%	$60.0M0.0%	$60.0M-7.7%	$65.0M+4.8%	$62.0M-10.1%	$69.0M-1.4%	$70.0M+1.4%	$69.0M
SG&A Expenses	$2.4B	$2.4B-13.4%	$2.8B+11.4%	$2.5B+16.5%	$2.2B+24.3%	$1.7B+13.0%	$1.5B-8.1%	$1.7B+0.2%	$1.7B-1.1%	$1.7B+3.5%	$1.6B-1.9%	$1.7B+0.4%	$1.7B+12.5%	$1.5B-13.2%	$1.7B+22.2%	$1.4B
Interest Expense	$1.1B	$997.0M+8.5%	$919.0M+9.1%	$842.0M+37.8%	$611.0M+7.8%	$567.0M+3.1%	$550.0M+9.1%	$504.0M+2.2%	$493.0M+12.6%	$438.0M+29.6%	$338.0M+9.0%	$310.0M+16.1%	$267.0M-2.9%	$275.0M+11.8%	$246.0M+1347.1%	$17.0M
Income Tax	$1.7B	$892.0M+78.4%	$500.0M-77.6%	$2.2B-31.3%	$3.2B+2124.7%	$146.0M+111.7%	-$1.3B-256.1%	$801.0M-49.0%	$1.6B+192.9%	-$1.7B-409.5%	$547.0M-69.0%	$1.8B+6.7%	$1.7B-10.3%	$1.8B-25.4%	$2.5B+35.7%	$1.8B
Net Income	$7.1B	$4.4B+108.0%	$2.1B-69.8%	$7.0B-36.4%	$11.0B+737.1%	$1.3B+133.1%	-$4.0B-229.2%	$3.1B-45.0%	$5.6B+9.6%	$5.1B+228.4%	$1.6B-63.2%	$4.2B-11.2%	$4.8B+27.8%	$3.7B-9.7%	$4.1B-13.6%	$4.8B
EPS (Basic)	N/A	$10.82+116.0%	$5.01-67.8%	$15.56-33.4%	$23.36+686.5%	$2.97+132.8%	-$9.06-233.2%	$6.80-42.7%	$11.87+19.9%	$9.90+236.7%	$2.94-62.2%	$7.78-7.4%	$8.40+38.4%	$6.07-7.3%	$6.55-13.9%	$7.61
EPS (Diluted)	$17.51	$10.79+116.2%	$4.99-67.8%	$15.48-33.5%	$23.27+683.5%	$2.97+132.8%	-$9.06-233.8%	$6.77-42.6%	$11.80+19.8%	$9.85+237.3%	$2.92-62.2%	$7.73-7.2%	$8.33+38.4%	$6.02-7.1%	$6.48-13.8%	$7.52
Diluted Shares (Avg)	N/A	408M-3.3%	422M-6.9%	453M-4.3%	474M+7.6%	440M+0.2%	440M-3.2%	454M-4.3%	474M-8.6%	519M-2.2%	530M-3.1%	547M-4.3%	572M-7.7%	619M-2.8%	637M+0.3%	635M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$51.0B+53.1%	$32.5B+6.9%	$34.1B+1.3%	$34.5B-2.9%	$33.3B-12.6%	$30.4B-15.0%	$33.7B-12.0%	$35.5B-10.4%
Cost of Revenue	$43.7B+50.2%	$29.2B+5.6%	$29.1B-5.3%	$30.2B-6.1%	$29.1B-16.0%	$27.7B-14.6%	$30.8B-9.1%	$32.2B-6.2%
Gross Profit	$7.3B+72.9%	$3.3B+20.0%	$5.0B+69.6%	$4.3B+28.9%	$4.2B+21.3%	$2.8B-19.1%	$2.9B-33.8%	$3.3B-37.2%
SG&A Expenses	$538.0M-7.6%	$537.0M+3.5%	$544.0M+6.5%	$792.0M-33.7%	$582.0M+5.4%	$519.0M-6.8%	$511.0M-22.3%	$1.2B+78.5%
Interest Expense	$314.0M+18.9%	$286.0M+29.4%	$253.0M+9.1%	$259.0M+13.1%	$264.0M+14.3%	$221.0M-2.6%	$232.0M+42.3%	$229.0M+3.6%
Income Tax	$1.1B+415.1%	$41.0M-66.4%	$526.0M+1484.2%	$32.0M-27.3%	$212.0M-27.1%	$122.0M-39.9%	-$38.0M-108.0%	$44.0M-93.4%
Net Income	$3.8B+338.7%	$207.0M-57.5%	$2.9B+36225.0%	$133.0M-61.6%	$877.0M-13.6%	$487.0M-34.9%	$8.0M-99.4%	$346.0M-83.5%
EPS (Basic)	$9.59+346.0%	$0.51-57.1%	$7.15+17775.0%	$0.32-61.0%	$2.15-10.0%	$1.19-31.6%	$0.04-98.6%	$0.82-82.6%
EPS (Diluted)	$9.55+344.2%	$0.51-56.8%	$7.13	$0.32-61.0%	$2.15-9.7%	$1.18-31.8%	$0.05	$0.82-82.5%
Diluted Shares (Avg)	403M-1.3%	403M-1.8%	N/A	406M-3.2%	408M-4.2%	411M-5.0%	N/A	419M-6.4%

Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA.

PSX Balance Sheet

PSX quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$73.7B+1.5%	$72.6B-3.9%	$75.5B-1.2%	$76.4B+37.5%	$55.6B+1.6%	$54.7B-6.8%	$58.7B+8.1%	$54.3B-0.1%	$54.4B+5.3%	$51.7B+6.3%	$48.6B-0.2%	$48.7B-2.2%	$49.8B+3.5%	$48.1B+11.3%	$43.2B
Current Assets	$17.3B-3.6%	$17.9B-10.2%	$19.9B-9.0%	$21.9B+49.2%	$14.7B+10.7%	$13.3B-7.8%	$14.4B+9.0%	$13.2B-8.2%	$14.4B+13.5%	$12.7B+3.5%	$12.3B-26.6%	$16.7B-13.2%	$19.2B+7.1%	$18.0B+28.8%	$13.9B
Cash & Equivalents	$1.1B-35.8%	$1.7B-47.7%	$3.3B-45.8%	$6.1B+94.9%	$3.1B+25.2%	$2.5B+55.8%	$1.6B-46.5%	$3.0B-3.2%	$3.1B+15.0%	$2.7B-11.8%	$3.1B-41.0%	$5.2B-3.6%	$5.4B+55.4%	$3.5B	$0
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$5.1B+27.6%	$4.0B+6.5%	$3.8B+14.5%	$3.3B-3.5%	$3.4B-12.8%	$3.9B+3.1%	$3.8B+6.6%	$3.5B+4.4%	$3.4B+7.8%	$3.1B-9.4%	$3.5B+2.4%	$3.4B+1.3%	$3.4B-2.2%	$3.4B-1.0%	$3.5B
Accounts Receivable	$9.8B-11.4%	$11.0B-5.9%	$11.7B+6.8%	$11.0B+47.1%	$7.5B+14.5%	$6.5B-23.4%	$8.5B+70.4%	$5.0B-19.3%	$6.2B	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.4B-9.0%	$1.6B+1.6%	$1.6B+4.3%	$1.5B+0.1%	$1.5B+4.1%	$1.4B-56.4%	$3.3B0.0%	$3.3B0.0%	$3.3B0.0%	$3.3B-0.2%	$3.3B0.0%	$3.3B+5.7%	$3.1B-7.4%	$3.3B+0.4%	$3.3B
Total Liabilities	$43.4B-1.5%	$44.1B+0.6%	$43.9B+3.6%	$42.3B+24.7%	$34.0B+2.3%	$33.2B+5.2%	$31.6B+16.2%	$27.1B+0.8%	$26.9B-3.5%	$27.9B+13.3%	$24.6B-7.6%	$26.7B-2.7%	$27.4B+0.5%	$27.3B+36.9%	$19.9B
Current Liabilities	$13.3B-11.7%	$15.1B-4.8%	$15.9B-0.2%	$15.9B+24.1%	$12.8B+34.5%	$9.5B-18.3%	$11.6B+30.3%	$8.9B-11.6%	$10.1B+6.8%	$9.5B+25.7%	$7.5B-32.1%	$11.1B-14.2%	$12.9B+3.6%	$12.5B+0.8%	$12.4B
Non-Current Liabilities	$30.1B+3.7%	$29.0B+3.7%	$28.0B+5.9%	$26.4B+25.0%	$21.2B-10.7%	$23.7B+19.0%	$19.9B+9.3%	$18.2B+8.2%	$16.8B-8.8%	$18.5B+7.9%	$17.1B+10.0%	$15.6B+7.5%	$14.5B-2.1%	$14.8B+96.2%	$7.5B
Long-Term Debt	$18.7B+2.5%	$18.2B+2.0%	$17.9B+7.3%	$16.7B+28.6%	$13.0B-13.1%	$14.9B+32.9%	$11.2B+1.1%	$11.1B+10.2%	$10.1B+5.0%	$9.6B+8.4%	$8.8B+13.5%	$7.8B+27.1%	$6.1B-11.9%	$7.0B+1828.3%	$361.0M
Total Equity	$29.1B+6.1%	$27.4B-10.4%	$30.6B+3.7%	$29.5B+53.9%	$19.2B+1.0%	$19.0B-23.8%	$24.9B+1.0%	$24.7B-1.7%	$25.1B+12.0%	$22.4B-3.1%	$23.1B+7.0%	$21.6B-1.6%	$21.9B+5.7%	$20.8B-10.7%	$23.3B
Retained Earnings	$33.2B+8.0%	$30.8B+0.7%	$30.6B+20.1%	$25.4B+56.8%	$16.2B-1.7%	$16.5B-25.2%	$22.1B+7.7%	$20.5B+25.7%	$16.3B+29.3%	$12.6B+2.1%	$12.3B+32.6%	$9.3B+65.6%	$5.6B+107.2%	$2.7B	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$81.8B+7.7%	$84.1B+17.0%	$73.7B+1.5%	$76.1B+1.4%	$75.9B0.0%	$71.8B-6.0%	$72.6B-3.9%	$75.1B-3.5%
Current Assets	$24.2B+14.9%	$27.4B+49.9%	$17.3B-3.6%	$22.0B+14.0%	$21.1B+0.8%	$18.3B-11.7%	$17.9B-10.2%	$19.3B-14.2%
Cash & Equivalents	$4.1B+289.6%	$5.2B+245.9%	$1.1B-35.8%	$1.8B+12.7%	$1.1B-57.0%	$1.5B-5.2%	$1.7B-47.7%	$1.6B-53.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$5.9B+6.1%	$6.7B+28.3%	$5.1B+27.6%	$6.4B+6.3%	$5.6B-14.4%	$5.2B-16.6%	$4.0B+6.5%	$6.0B+5.3%
Accounts Receivable	$11.7B+3.3%	$11.9B+16.5%	$9.8B-11.4%	$10.5B+1.0%	$11.3B+4.1%	$10.2B-11.4%	$11.0B-5.9%	$10.4B-12.8%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$1.4B0.0%	$1.4B-9.0%	$1.4B-9.0%	$1.4B-9.0%	$1.4B-7.7%	$1.6B+1.4%	$1.6B+1.6%	$1.6B+1.2%
Total Liabilities	$49.1B+3.8%	$54.4B+25.1%	$43.4B-1.5%	$48.0B+6.1%	$47.3B+4.1%	$43.5B-4.7%	$44.1B+0.6%	$45.3B-1.1%
Current Liabilities	$18.4B-6.8%	$24.2B+62.5%	$13.3B-11.7%	$17.9B+12.7%	$19.7B+7.7%	$14.9B-15.8%	$15.1B-4.8%	$15.9B-8.6%
Non-Current Liabilities	$30.8B+11.3%	$30.2B+5.6%	$30.1B+3.7%	$30.1B+2.4%	$27.6B+1.7%	$28.6B+2.4%	$29.0B+3.7%	$29.4B+3.5%
Long-Term Debt	$18.8B+9.1%	$18.7B+5.3%	$18.7B+2.5%	$19.2B+3.7%	$17.2B+0.1%	$17.7B-0.5%	$18.2B+2.0%	$18.5B-0.3%
Total Equity	$31.5B+14.6%	$28.5B+4.6%	$29.1B+6.1%	$26.9B-6.3%	$27.5B-6.7%	$27.3B-8.3%	$27.4B-10.4%	$28.7B-6.8%
Retained Earnings	$36.3B+16.4%	$32.9B+7.0%	$33.2B+8.0%	$30.8B-1.3%	$31.2B-0.6%	$30.8B-0.2%	$30.8B+0.7%	$31.2B+5.0%

PSX Cash Flow Statement

PSX quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$8.9B	$5.0B+18.4%	$4.2B-40.4%	$7.0B-35.0%	$10.8B+79.7%	$6.0B+185.0%	$2.1B-56.1%	$4.8B-36.5%	$7.6B+107.6%	$3.6B+23.1%	$3.0B-48.1%	$5.7B+61.9%	$3.5B-41.4%	$6.0B+40.3%	$4.3B-14.2%	$5.0B
Depreciation & Amortization	N/A	$3.3B+37.6%	$2.4B+19.5%	$2.0B+21.4%	$1.6B+1.5%	$1.6B+15.1%	$1.4B+4.0%	$1.3B-1.1%	$1.4B+2.9%	$1.3B+12.8%	$1.2B+8.3%	$1.1B+8.3%	$995.0M+5.1%	$947.0M+4.5%	$906.0M+0.4%	$902.0M
Stock-Based Compensation	N/A	$220.0M+4.8%	$210.0M-29.3%	$297.0M+41.4%	$210.0M+45.8%	$144.0M+13.4%	$127.0M-24.9%	$169.0M+69.0%	$100.0M-29.6%	$142.0M-9.0%	$156.0M+8.3%	$144.0M+7.5%	$134.0M+1.5%	$132.0M+40.4%	$94.0M+104.3%	$46.0M
Investing Cash Flow	-$2.3B	-$2.1B+14.9%	-$2.5B-37.6%	-$1.8B-20.3%	-$1.5B+20.5%	-$1.9B+39.2%	-$3.1B+16.5%	-$3.7B-49.3%	-$2.5B-115.6%	-$1.1B+63.7%	-$3.2B+45.0%	-$5.7B-149.9%	-$2.3B-417.1%	-$444.0M+71.1%	-$1.5B-161.6%	$2.5B
Financing Cash Flow	-$3.6B	-$3.5B-7.0%	-$3.3B+59.2%	-$8.1B-26.7%	-$6.4B-84.1%	-$3.5B-293.7%	$1.8B+171.3%	-$2.5B+51.4%	-$5.2B-144.8%	-$2.1B-1086.0%	-$178.0M+91.6%	-$2.1B-55.4%	-$1.4B+63.0%	-$3.7B-626.3%	$699.0M+109.3%	-$7.5B
Dividends Paid	$2.0B	$1.9B+2.1%	$1.9B0.0%	$1.9B+5.0%	$1.8B+13.1%	$1.6B+0.6%	$1.6B+0.3%	$1.6B+9.3%	$1.4B+2.9%	$1.4B+8.8%	$1.3B+9.4%	$1.2B+10.4%	$1.1B+31.6%	$807.0M+186.2%	$282.0M	$0
Share Buybacks	$1.2B	$1.2B-65.0%	$3.5B-14.0%	$4.0B+165.3%	$1.5B	$0-100.0%	$443.0M-73.2%	$1.6B-64.5%	$4.6B+192.1%	$1.6B+52.6%	$1.0B-31.1%	$1.5B-33.7%	$2.3B+1.6%	$2.2B+530.9%	$356.0M	$0

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$7.3B+759.1%	-$2.3B-1310.7%	$2.8B+129.7%	$1.2B+4.1%	$845.0M-59.7%	$187.0M+179.2%	$1.2B-45.3%	$1.1B-57.8%
Depreciation & Amortization	$585.0M-28.3%	$558.0M-29.5%	$818.0M-0.1%	$826.0M+52.1%	$816.0M+64.2%	$791.0M+56.9%	$819.0M+58.1%	$543.0M+11.3%
Investing Cash Flow	-$738.0M+73.0%	-$606.0M-138.1%	-$467.0M-35.4%	-$487.0M+72.6%	-$2.7B-936.1%	$1.6B+339.2%	-$345.0M+43.3%	-$1.8B-267.0%
Financing Cash Flow	-$7.5B-594.6%	$6.9B+437.7%	-$3.1B-331.8%	$112.0M+158.3%	$1.5B+198.9%	-$2.0B-142.2%	-$724.0M+60.3%	-$192.0M+88.4%
Dividends Paid	$508.0M+4.3%	$509.0M+8.5%	$482.0M+2.1%	$484.0M+1.5%	$487.0M+0.4%	$469.0M+4.7%	$472.0M+3.3%	$477.0M+2.6%
Share Buybacks	$379.0M-9.5%	$269.0M+8.9%	$274.0M-57.7%	$267.0M-66.6%	$419.0M-50.1%	$247.0M-78.8%	$647.0M-43.9%	$800.0M+6.4%

Not reported in any period shown, so not listed: Stock-Based Compensation, Capital Expenditures, Free Cash Flow.

PSX Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

PSX quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	12.3%+3.1pp	9.2%-3.9pp	13.1%+1.3pp	11.8%+3.4pp	8.4%-1.6pp	10.0%-1.0pp	11.0%-1.2pp	12.1%-10.3pp	22.4%-3.5pp	25.9%	N/A	N/A	N/A	N/A	N/A
Net Margin	3.3%+1.9pp	1.5%-3.3pp	4.8%-1.7pp	6.5%+5.3pp	1.2%+7.4pp	-6.2%-9.1pp	2.9%-2.2pp	5.0%0.0pp	5.0%+3.1pp	1.8%-2.4pp	4.3%+1.3pp	2.9%+0.8pp	2.2%-0.1pp	2.3%-0.1pp	2.4%
Return on Equity	15.1%+7.4pp	7.7%-15.2pp	22.9%-14.4pp	37.4%+30.5pp	6.9%+27.8pp	-20.9%-33.3pp	12.3%-10.4pp	22.7%+2.4pp	20.3%+13.4pp	7.0%-11.3pp	18.3%-3.8pp	22.1%+5.1pp	17.0%-2.9pp	19.9%-0.7pp	20.5%
Return on Assets	6.0%+3.1pp	2.9%-6.4pp	9.3%-5.1pp	14.4%+12.0pp	2.4%+9.6pp	-7.3%-12.5pp	5.2%-5.1pp	10.3%+0.9pp	9.4%+6.4pp	3.0%-5.7pp	8.7%-1.1pp	9.8%+2.3pp	7.5%-1.1pp	8.6%-2.5pp	11.1%
Current Ratio	1.30+0.1x	1.19-0.1x	1.26-0.1x	1.38+0.2x	1.15-0.2x	1.39+0.2x	1.24-0.2x	1.48+0.1x	1.42+0.1x	1.34-0.3x	1.63+0.1x	1.500.0x	1.490.0x	1.44+0.3x	1.13
Debt-to-Equity	0.640.0x	0.67+0.1x	0.580.0x	0.56-0.1x	0.68-0.1x	0.79+0.3x	0.450.0x	0.450.0x	0.400.0x	0.430.0x	0.380.0x	0.36+0.1x	0.28-0.1x	0.34+0.3x	0.02
Asset Turnover	1.80-0.2x	1.970.0x	1.95-0.3x	2.22+0.2x	2.01+0.8x	1.17-0.7x	1.83-0.2x	2.05+0.2x	1.88+0.3x	1.63-0.4x	2.04-1.3x	3.31-0.1x	3.45-0.3x	3.73-0.8x	4.53

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	14.4%+1.6pp	10.2%+1.1pp	14.6%+5.9pp	12.4%+3.1pp	12.7%+3.6pp	9.1%-0.5pp	8.7%-2.9pp	9.4%-4.0pp
Net Margin	7.5%+4.9pp	0.6%-1.0pp	8.5%+8.5pp	0.4%-0.6pp	2.6%0.0pp	1.6%-0.5pp	0.0%-3.3pp	1.0%-4.3pp
Return on Equity	12.2%+9.0pp	0.7%-1.1pp	10.0%+10.0pp	0.5%-0.7pp	3.2%-0.3pp	1.8%-0.7pp	0.0%-4.1pp	1.2%-5.6pp
Return on Assets	4.7%+3.6pp	0.3%-0.4pp	3.9%+3.9pp	0.2%-0.3pp	1.1%-0.2pp	0.7%-0.3pp	0.0%-1.7pp	0.5%-2.2pp
Current Ratio	1.32+0.2x	1.13-0.1x	1.30+0.1x	1.230.0x	1.07-0.1x	1.23+0.1x	1.19-0.1x	1.21-0.1x
Debt-to-Equity	0.600.0x	0.650.0x	0.640.0x	0.71+0.1x	0.630.0x	0.65+0.1x	0.67+0.1x	0.640.0x
Asset Turnover	0.62+0.2x	0.390.0x	0.460.0x	0.450.0x	0.44-0.1x	0.420.0x	0.460.0x	0.470.0x

Not reported in any period shown, so not listed: Operating Margin, FCF Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
PHILLIPS 66 PSX	FY2025	$132.4B	$4.4B	3.3%	$111.5B	—
MARATHON PETROLEUM CORPORATION MPC	FY2025	$132.7B	$4.0B	3.0%	$130.1B	45/100
Valero Energy Corporation VLO	FY2025	$122.7B	$2.3B	1.9%	$127.8B	44/100
HF Sinclair Corporation DINO	FY2025	$26.9B	$579.0M	2.1%	$21.5B	42/100
SUNOCO LP SUN	FY2025	$25.2B	$527.0M	2.1%	$13.9B	34/100
PBF ENERGY INC. PBF	FY2025	$29.3B	-$158.5M	-0.5%	$10.6B	23/100

Where PHILLIPS 66 Ranks

Frequently Asked Questions

What is PHILLIPS 66's annual revenue?

PHILLIPS 66 (PSX) reported $132.4B in total revenue for fiscal year 2025. This represents a -7.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is PHILLIPS 66's revenue growing?

PHILLIPS 66 (PSX) revenue declined by 7.5% year-over-year, from $143.2B to $132.4B in fiscal year 2025.

Is PHILLIPS 66 profitable?

Yes, PHILLIPS 66 (PSX) reported a net income of $4.4B in fiscal year 2025, with a net profit margin of 3.3%.

How much debt does PHILLIPS 66 have?

As of fiscal year 2025, PHILLIPS 66 (PSX) had $1.1B in cash and equivalents against $18.7B in long-term debt.

What is PHILLIPS 66's gross margin?

PHILLIPS 66 (PSX) had a gross margin of 12.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is PHILLIPS 66's net profit margin?

PHILLIPS 66 (PSX) had a net profit margin of 3.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does PHILLIPS 66 pay dividends?

Yes, PHILLIPS 66 (PSX) paid $4.75 per share in dividends during fiscal year 2025.

What is PHILLIPS 66's return on equity (ROE)?

PHILLIPS 66 (PSX) has a return on equity of 15.1% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is PHILLIPS 66's operating cash flow?

PHILLIPS 66 (PSX) generated $5.0B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are PHILLIPS 66's total assets?

PHILLIPS 66 (PSX) had $73.7B in total assets as of fiscal year 2025, including both current and long-term assets.

How much does PHILLIPS 66 spend on research and development?

PHILLIPS 66 (PSX) invested $6.0M in research and development during fiscal year 2025.

Does PHILLIPS 66 buy back shares?

Yes, PHILLIPS 66 (PSX) spent $1.2B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does PHILLIPS 66 have outstanding?

PHILLIPS 66 (PSX) had 401M shares outstanding as of fiscal year 2025.

What is PHILLIPS 66's current ratio?

PHILLIPS 66 (PSX) had a current ratio of 1.30 as of fiscal year 2025, which is considered adequate.

What is PHILLIPS 66's debt-to-equity ratio?

PHILLIPS 66 (PSX) had a debt-to-equity ratio of 0.64 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is PHILLIPS 66's return on assets (ROA)?

PHILLIPS 66 (PSX) had a return on assets of 6.0% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is PHILLIPS 66's P/E ratio?

PHILLIPS 66 (PSX) trades at 15.7x earnings, its market capitalization divided by net income of $7.1B net income, trailing 12 months to June 30, 2026. The market capitalization is $111.5B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is PHILLIPS 66's price-to-sales ratio?

PHILLIPS 66 (PSX) trades at 0.7x sales, its market capitalization divided by revenue of $152.2B revenue, trailing 12 months to June 30, 2026. The market capitalization is $111.5B as of Oct 9, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is PHILLIPS 66's Piotroski F-Score?

PHILLIPS 66 (PSX) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are PHILLIPS 66's earnings high quality?

PHILLIPS 66 (PSX) has an earnings quality ratio of 1.13x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.