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 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $32.54B | - | $34.52B | $33.32B | $30.43B | - | $35.53B | $38.13B | $35.81B | - |
| Cost of Revenue | $29.22B | - | $30.22B | $29.08B | $27.66B | - | $32.19B | $34.63B | $32.39B | - |
| Gross Profit | $3.32B | - | $4.30B | $4.25B | $2.77B | - | $3.33B | $3.50B | $3.42B | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $537.00M | - | $792.00M | $582.00M | $519.00M | - | $1.19B | $552.00M | $557.00M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $558.00M | - | $826.00M | $816.00M | $791.00M | - | $543.00M | $497.00M | $504.00M | - |
| Operating Income | - | - | - | - | - | - | - | - | - | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | $41.00M | - | $32.00M | $212.00M | $122.00M | - | $44.00M | $291.00M | $203.00M | - |
| Net Income | $207.00M | - | $133.00M | $877.00M | $487.00M | - | $346.00M | $1.01B | $748.00M | - |
| EPS - Basic | $0.51 | - | $0.32 | $2.15 | $1.19 | - | $0.82 | $2.39 | $1.74 | - |
| EPS - Diluted | $0.51 | - | $0.32 | $2.15 | $1.18 | - | $0.82 | $2.38 | $1.73 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.15B | $1.12B | $1.84B | $1.05B | $1.49B | $1.74B | $1.64B | $2.44B | $1.57B | $3.32B |
| Accounts Receivable | $11.91B | $9.77B | $10.54B | $11.34B | $10.22B | $11.03B | $10.44B | $10.89B | $11.53B | $11.73B |
| Inventory | $6.72B | $5.10B | $6.42B | $5.58B | $5.24B | $4.00B | $6.04B | $6.52B | $6.29B | $3.75B |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $27.40B | $17.27B | $22.02B | $21.08B | $18.28B | $17.91B | $19.31B | $20.92B | $20.70B | $19.94B |
| Total Assets | $84.08B | $73.68B | $76.12B | $75.94B | $71.84B | $72.58B | $75.08B | $75.94B | $76.40B | $75.50B |
| Current Liabilities | $24.19B | $13.33B | $17.95B | $19.68B | $14.88B | $15.09B | $15.92B | $18.27B | $17.67B | $15.86B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $54.40B | $43.44B | $48.04B | $47.31B | $43.48B | $44.12B | $45.30B | $45.44B | $45.61B | $43.85B |
| Stockholders' Equity | $28.53B | $29.09B | $26.92B | $27.49B | $27.27B | $27.41B | $28.72B | $29.45B | $29.73B | $30.58B |
| Retained Earnings | $32.93B | $33.24B | $30.82B | $31.17B | $30.79B | $30.77B | $31.24B | $31.37B | $30.85B | $30.55B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.26B) | - | - | - | $187.00M | - | - | - | ($236.00M) | - |
| Investing Cash Flow | ($606.00M) | - | - | - | $1.59B | - | - | - | ($665.00M) | - |
| Financing Cash Flow | $6.92B | - | - | - | ($2.05B) | - | - | - | ($846.00M) | - |
| CapEx | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - | - | - | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 10.2% | - | 12.4% | 12.7% | 9.1% | - | 9.4% | 9.2% | 9.6% | - |
| Operating margin | - | - | - | - | - | - | - | - | - | - |
| EBITDA margin | - | - | - | - | - | - | - | - | - | - |
| Net margin | 0.6% | - | 0.4% | 2.6% | 1.6% | - | 1.0% | 2.7% | 2.1% | - |
| Free cash flow margin | - | - | - | - | - | - | - | - | - | - |
| FCF / Net income | - | - | - | - | - | - | - | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 1.7% | - | 2.3% | 1.7% | 1.7% | - | 3.4% | 1.4% | 1.6% | - |
| Effective tax rate | 16.5% | - | 19.4% | 19.5% | 20.0% | - | 11.3% | 22.3% | 21.3% | - |
| Return on assets | 0.2% | - | 0.2% | 1.2% | 0.7% | - | 0.5% | 1.3% | 1.0% | - |
| Return on equity | 0.7% | - | 0.5% | 3.2% | 1.8% | - | 1.2% | 3.4% | 2.5% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.13 | 1.30 | 1.23 | 1.07 | 1.23 | 1.19 | 1.21 | 1.14 | 1.17 | 1.26 |
| Quick ratio | 0.85 | 0.91 | 0.87 | 0.79 | 0.88 | 0.92 | 0.83 | 0.79 | 0.82 | 1.02 |
| Cash ratio | 0.21 | 0.08 | 0.10 | 0.05 | 0.10 | 0.12 | 0.10 | 0.13 | 0.09 | 0.21 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | 2.95 | 2.53 | 2.83 | 2.76 | 2.63 | 2.65 | 2.61 | 2.58 | 2.57 | 2.47 |
| Liabilities / Assets | 0.65 | 0.59 | 0.63 | 0.62 | 0.61 | 0.61 | 0.60 | 0.60 | 0.60 | 0.58 |
| Efficiency | ||||||||||
| Asset turnover | 0.39 | - | 0.45 | 0.44 | 0.42 | - | 0.47 | 0.50 | 0.47 | - |
| Inventory turnover | 4.35 | - | 4.71 | 5.21 | 5.28 | - | 5.33 | 5.31 | 5.15 | - |
| Days sales outstanding | 134d | - | 111d | 124d | 123d | - | 107d | 104d | 118d | - |
| Days inventory outstanding | 84d | - | 78d | 70d | 69d | - | 68d | 69d | 71d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 357.2x | - | 425.1x | 55.5x | 104.6x | - | 160.3x | 59.3x | 94.4x | - |
| P / B | 2.6x | - | 2.0x | 1.8x | 1.9x | - | 1.9x | 2.0x | 2.4x | - |
| P / S | 2.3x | - | 1.6x | 1.5x | 1.7x | - | 1.5x | 1.6x | 2.0x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 6.9% | - | -2.9% | -12.6% | -15.0% | - | -10.4% | 8.7% | 4.1% | - |
| Revenue CAGR (3y) | -1.8% | - | -8.4% | -11.8% | -5.6% | - | 5.5% | 12.2% | 18.3% | - |
| Revenue CAGR (5y) | 8.5% | - | 16.7% | 25.0% | 7.8% | - | 5.5% | 6.5% | 9.2% | - |
| Gross profit growth (YoY) | 20.0% | - | 28.9% | 21.3% | -19.1% | - | -37.2% | -22.5% | -32.2% | - |
| Operating income growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Net income growth (YoY) | -57.5% | - | -61.6% | -13.6% | -34.9% | - | -83.5% | -40.2% | -61.9% | - |
| EPS growth (YoY) | -56.8% | - | -61.0% | -9.7% | -31.8% | - | -82.5% | -36.0% | -58.8% | - |
| EPS CAGR (3y) | -50.5% | - | -69.4% | -30.9% | -2.9% | - | -3.4% | 53.3% | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | -12.3% | -5.3% | 31.5% | - |
| FCF growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 4.6% | 6.1% | -6.3% | -6.7% | -8.3% | -10.4% | -6.8% | -1.5% | -1.7% | 3.7% |
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%
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 |