Phillips 66

Phillips 66

PSXยทNYSE

$184.68

+1.2%
EnergyOil & Gas Refining & Marketing

Phillips 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.

At a Glance

Live Snapshot
Market Cap$74.04B
EPS10.8400
P/E Ratio11.90
Earnings Date07/24/2026
3Y-22.0%
5Y+108.0%
10Y+85.0%
3Y-60.0%
5Y-211.0%
10Y+183.0%
3Y-54.0%
5Y+135.0%
10Y+67.0%
Phillips 66

Phillips 66 Profit Bridge

PSX ยท NYSE
Revenue132.19B
Cost of Goods Sold (125.70B)
Gross Profit6.49B
Operating Expenses (2.97B)
Operating Income3.52B
Interest Expense (1.04B)
Other Income/Expense1.90B
Pretax Income5.42B
Income Tax (892.00M)
Net Income4.40B
Net Income
4.40B

Profitability Analysis

Gross Margin

4.9%

Thin margins leave little room for error. Cost management and pricing strategy are critical.

Operating Margin

2.7%

Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.

Net Profit Margin

3.3%

Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.

Effective Tax Rate

16.5%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Efficient profit conversion: Minimal margin compression from gross to net indicates lean operations and favorable tax/interest environment.

Phillips 66 Income Statement

PSX โ€ข NYSE

Phillips 66 Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009
REVENUE
132.2B
143.1B
147.3B
170.1B
111.9B
63.7B
107.4B
111.3B
89.5B
71.3B
85B
145.9B
157.7B
166.1B
196.7B
146.8B
112.7B
GROSS PROFIT
(125.7B)
(138.3B)
(136B)
(157.3B)
(108.6B)
(63.5B)
(102.1B)
(104.1B)
(85.4B)
(67.9B)
(78.9B)
(141.3B)
(153.5B)
(159.5B)
(178B)
(130.3B)
(98.1B)
6.5B
4.9B
11.3B
12.8B
3.4B
180M
5.3B
7.1B
4.1B
3.5B
6.1B
4.5B
4.2B
6.6B
18.7B
16.5B
14.6B
OPERATING INCOME
(3B)
(2.5B)
(3B)
(2.7B)
(2.2B)
(2B)
(2.1B)
(2.1B)
(2.1B)
(1.9B)
(2B)
(2B)
(1.7B)
(2.1B)
(16.9B)
(15.4B)
(15B)
(2.2B)
(2.2B)
(2.3B)
(2.1B)
(1.7B)
(1.5B)
(1.6B)
(1.6B)
(1.6B)
(1.6B)
(1.6B)
(1.6B)
(1.4B)
(1.6B)
(1.3B)
(1.3B)
(1.3B)
(6M)
(15M)
(27M)
(42M)
(47M)
(48M)
(54M)
(55M)
(60M)
(60M)
(65M)
(62M)
(69M)
(76M)
(74M)
(56M)
(36M)
3.5B
2.3B
8.3B
10.1B
1.2B
-1.8B
3.2B
5B
2B
1.5B
4.2B
2.5B
2.5B
4.5B
1.8B
1.1B
-398M
PRE-TAX INCOME
(1B)
(907M)
(897M)
(619M)
(581M)
(499M)
(458M)
(504M)
(438M)
(338M)
(310M)
(267M)
(275M)
(246M)
(17M)
(1M)
(1M)
-898M
-749M
-628M
-537M
-570M
-485M
-415M
-459M
-407M
-320M
-283M
-246M
-255M
-228M
16M
41M
46M
(791M)
(329M)
(707M)
(530M)
(410M)
(464M)
(409M)
(425M)
(408M)
(307M)
(297M)
(342M)
(253M)
(370M)
(15.5B)
(14B)
(13.6B)
1.9B
350.1M
1.2B
4.6B
515M
-3.1B
953M
2.4B
1.5B
657M
1.9B
3.2B
3.1B
2.1B
4.8B
204M
1.2B
5.4B
2.7B
9.5B
14.6B
1.7B
-5B
4.2B
7.4B
3.6B
2.2B
6B
5.7B
5.5B
6.6B
6.6B
1.3B
847M
NET INCOME
(892M)
(500M)
(2.2B)
(3.2B)
(146M)
-1.3B
(801M)
(1.6B)
-1.7B
(547M)
(1.8B)
(1.7B)
(1.8B)
(2.5B)
(1.8B)
(579M)
(368M)
4.4B
2.1B
7B
11B
1.3B
-4B
3.1B
5.6B
5.1B
1.6B
4.2B
4.8B
3.7B
4.1B
4.8B
735M
476M

SEC Filings

PSX - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 14, 2026
May 13, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 29, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 29, 2026
2026
8-K

8-K 2026

N/A

April 06, 2026
April 06, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 02, 2026
May 13, 2026
2026
8-K

8-K 2026

N/A

March 18, 2026
March 13, 2026
2026
8-K

8-K 2026

N/A

March 09, 2026
March 06, 2026
2026
10-K

10-K 2025 FY

FY

February 20, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 04, 2026
February 04, 2026
2026
8-K

8-K 2025

N/A

October 29, 2025
October 29, 2025
2025
Showing 1 to 10 of 225 filings