PSX · Phillips 66 - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $132.38B | $143.15B | $147.40B | $169.99B | $111.48B | $64.13B |
| Cost of Revenue | $116.09B | $129.96B | $128.09B | $149.93B | $102.10B | $57.71B |
| Gross Profit | $16.28B | $13.19B | $19.31B | $20.06B | $9.37B | $6.42B |
| R&D | $6.00M | $15.00M | $27.00M | $42.00M | $47.00M | $48.00M |
| SG&A | $2.44B | $2.81B | $2.52B | $2.17B | $1.74B | $1.54B |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $3.25B | $2.36B | $1.98B | $1.63B | $1.60B | $1.40B |
| Operating Income | - | - | - | - | - | ($4.96B) |
| Interest Expense | $997.00M | $919.00M | $842.00M | $611.00M | $567.00M | $550.00M |
| Income Tax | $892.00M | $500.00M | $2.23B | $3.25B | $146.00M | ($1.25B) |
| Net Income | $4.40B | $2.12B | $7.01B | $11.02B | $1.32B | ($3.98B) |
| EPS - Basic | $10.82 | $5.01 | $15.56 | $23.36 | $2.97 | ($9.06) |
| EPS - Diluted | $10.79 | $4.99 | $15.48 | $23.27 | $2.97 | ($9.06) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.12B | $1.74B | $3.32B | $6.13B | $3.15B | $2.51B |
| Accounts Receivable | $9.77B | $11.03B | $11.73B | $10.98B | $7.47B | $6.52B |
| Inventory | $5.10B | $4.00B | $3.75B | $3.28B | $3.39B | $3.89B |
| Accounts Payable | - | - | - | $10.75B | $7.63B | $5.17B |
| Current Assets | $17.27B | $17.91B | $19.94B | $21.92B | $14.70B | $13.28B |
| Total Assets | $73.68B | $72.58B | $75.50B | $76.44B | $55.59B | $54.72B |
| Current Liabilities | $13.33B | $15.09B | $15.86B | $15.89B | $12.80B | $9.52B |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $43.44B | $44.12B | $43.85B | $42.34B | $33.96B | $33.20B |
| Stockholders' Equity | $29.09B | $27.41B | $30.58B | $29.49B | $19.17B | $18.98B |
| Retained Earnings | $33.24B | $30.77B | $30.55B | $25.43B | $16.22B | $16.50B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.96B | $4.19B | $7.03B | $10.81B | $6.02B | $2.11B |
| Investing Cash Flow | ($2.10B) | ($2.46B) | ($1.79B) | ($1.49B) | ($1.87B) | ($3.08B) |
| Financing Cash Flow | ($3.54B) | ($3.31B) | ($8.09B) | ($6.39B) | ($3.47B) | $1.79B |
| CapEx | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 12.3% | 9.2% | 13.1% | 11.8% | 8.4% | 10.0% |
| Operating margin | - | - | - | - | - | -7.7% |
| EBITDA margin | - | - | - | - | - | -5.6% |
| Net margin | 3.3% | 1.5% | 4.8% | 6.5% | 1.2% | -6.2% |
| Free cash flow margin | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - |
| R&D / Revenue | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% |
| SG&A / Revenue | 1.8% | 2.0% | 1.7% | 1.3% | 1.6% | 2.4% |
| Effective tax rate | 16.8% | 19.1% | 24.1% | 22.8% | 10.0% | - |
| Return on assets | 6.0% | 2.9% | 9.3% | 14.4% | 2.4% | -7.3% |
| Return on equity | 15.1% | 7.7% | 22.9% | 37.4% | 6.9% | -20.9% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.30 | 1.19 | 1.26 | 1.38 | 1.15 | 1.39 |
| Quick ratio | 0.91 | 0.92 | 1.02 | 1.17 | 0.88 | 0.99 |
| Cash ratio | 0.08 | 0.12 | 0.21 | 0.39 | 0.25 | 0.26 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | -9.0x |
| Equity multiplier | 2.53 | 2.65 | 2.47 | 2.59 | 2.90 | 2.88 |
| Liabilities / Assets | 0.59 | 0.61 | 0.58 | 0.55 | 0.61 | 0.61 |
| Efficiency | ||||||
| Asset turnover | 1.80 | 1.97 | 1.95 | 2.22 | 2.01 | 1.17 |
| Inventory turnover | 22.78 | 32.53 | 34.16 | 45.77 | 30.08 | 14.82 |
| Days sales outstanding | 27d | 28d | 29d | 24d | 24d | 37d |
| Days inventory outstanding | 16d | 11d | 11d | 8d | 12d | 25d |
| Days payable outstanding | - | - | - | 26d | 27d | 33d |
| Cash conversion cycle | - | - | - | 5d | 9d | 29d |
| Valuation | ||||||
| P / E | 12.0x | 22.8x | 8.6x | 4.5x | 24.4x | - |
| P / B | 1.8x | 1.8x | 2.0x | 1.7x | 1.7x | 1.6x |
| P / S | 0.4x | 0.3x | 0.4x | 0.3x | 0.3x | 0.5x |
| EV / EBITDA | - | - | - | - | - | - |
| Growth | ||||||
| Revenue growth (YoY) | -7.5% | -2.9% | -13.3% | 52.5% | 73.8% | -40.2% |
| Revenue CAGR (3y) | -8.0% | 8.7% | 32.0% | 16.6% | 0.0% | -14.4% |
| Revenue CAGR (5y) | 15.6% | 5.9% | 5.7% | 10.7% | 5.8% | -8.3% |
| Gross profit growth (YoY) | 23.4% | -31.7% | -3.7% | 114.0% | 46.0% | -45.4% |
| Operating income growth (YoY) | - | - | - | - | - | - |
| Net income growth (YoY) | 108.0% | -69.8% | -36.4% | 737.1% | - | - |
| EPS growth (YoY) | 116.2% | -67.8% | -33.5% | 683.5% | - | - |
| EPS CAGR (3y) | -22.6% | 18.9% | - | 50.9% | -36.9% | - |
| EPS CAGR (5y) | - | -5.9% | 5.6% | 18.8% | 0.3% | - |
| FCF growth (YoY) | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - |
| Book value growth (YoY) | 6.1% | -10.4% | 3.7% | 53.9% | 1.0% | -23.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$132.34B totalMarketing Speciality Segment$83.74B · 63.3%
Refining Segment$26.87B · 20.3%
Midstream Segment$18.58B · 14.0%
Renewable Fuels$3.15B · 2.4%
Product / service
$132.38B totalRefined Petroleum Products And Renewable Fuels$97.36B · 73.5%
Natural Gas Liquids Reserves$17.07B · 12.9%
Crude Oil$15.18B · 11.5%
Other Product Line$2.77B · 2.1%
Geographic
$132.38B totalUS$104.26B · 78.8%
GB$13.21B · 10.0%
Other Geographical Areas$9.92B · 7.5%
DE$4.99B · 3.8%
Stability scores
Piotroski F-score
FY 2025 · 9-point quality
7/9
Strong
- ✓Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Petroleum Refining
Comparing Phillips 66 against the 5 most active filers in the same SIC group.
Dividends
$4.94/share trailing 12 months · +6.2% YoY
| Ex-date | Per share |
|---|---|
| May 18, 2026 | $1.2700 |
| Feb 23, 2026 | $1.2700 |
| Nov 17, 2025 | $1.2000 |
| Aug 19, 2025 | $1.2000 |
| May 19, 2025 | $1.2000 |
| Feb 24, 2025 | $1.1500 |
| Nov 18, 2024 | $1.1500 |
| Aug 20, 2024 | $1.1500 |
| May 17, 2024 | $1.1500 |
| Feb 16, 2024 | $1.0500 |
| Nov 16, 2023 | $1.0500 |
| Aug 17, 2023 | $1.0500 |
| May 19, 2023 | $1.0500 |
| Feb 17, 2023 | $1.0500 |
| Nov 16, 2022 | $0.9700 |
| Aug 17, 2022 | $0.9700 |
| May 20, 2022 | $0.9700 |
| Feb 18, 2022 | $0.9200 |
| Nov 16, 2021 | $0.9200 |
| Aug 17, 2021 | $0.9000 |
| May 21, 2021 | $0.9000 |
| Feb 19, 2021 | $0.9000 |
| Nov 16, 2020 | $0.9000 |
| Aug 17, 2020 | $0.9000 |