Phillips 66 (PSX) Financial Statements
Industry: Petroleum Refining
In fiscal 2025, Phillips 66 reported revenue of $132.38B, down 7.5% from $143.15B the year before. Net income was $4.40B (a 3.3% net margin), or $10.79 per diluted share. Gross margin was 12.3% and operating margin was 10.5%. Operating activities generated $4.96B of cash. At fiscal year end, Phillips 66 held $73.68B in total assets against $43.44B in total liabilities, including $1.12B of cash and equivalents.
Open the full interactive Phillips 66 financials → Quarterly statements, key ratios, valuation history and price charts.
Phillips 66 Key Stats
| Share Price | $292.73 |
|---|---|
| Market Cap | $117.86B |
| P/E Ratio | 27.1 |
| Revenue YoY Growth | -7.5% |
| 52-Week Range | $124.67 – $292.73 |
| Shares Outstanding | 401.0 million (basic, 2026 Q2) |
Phillips 66 Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $64.13B | $111.48B | $169.99B | $147.40B | $143.15B | $132.38B |
| Cost of Goods Sold | $57.71B | $102.10B | $149.93B | $128.09B | $129.96B | $116.09B |
| Gross Profit | $6.42B | $9.37B | $20.06B | $19.31B | $13.19B | $16.28B |
| Operating Income | $3.44B | $5.98B | $16.22B | $16.76B | $10.36B | $13.84B |
| Pre-Tax Income | -$4.96B | $1.46B | $14.27B | $9.24B | $2.62B | $5.29B |
| Income Tax | -$1.25B | $146.0M | $3.25B | $2.23B | $500.0M | $892.0M |
| Net Income | -$3.98B | $1.32B | $11.02B | $7.01B | $2.12B | $4.40B |
| Diluted EPS | -$9.06 | $2.97 | $23.27 | $15.48 | $4.99 | $10.79 |
Phillips 66 Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $34.52B | $34.11B | $32.54B | $51.00B |
| Net Income | $133.0M | $2.91B | $207.0M | $3.85B |
| Diluted EPS | $0.32 | $7.12 | $0.51 | $9.55 |
Phillips 66 Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $2.51B | $3.15B | $6.13B | $3.32B | $1.74B | $1.12B |
| Current Assets | $13.28B | $14.70B | $21.92B | $19.94B | $17.91B | $17.27B |
| Total Assets | $54.72B | $55.59B | $76.44B | $75.50B | $72.58B | $73.68B |
| Current Liabilities | $9.52B | $12.80B | $15.89B | $15.86B | $15.09B | $13.33B |
| Total Long-Term Debt | $14.91B | $12.96B | $16.66B | $17.88B | $18.23B | $18.68B |
| Total Liabilities | $33.20B | $33.96B | $42.34B | $43.85B | $44.12B | $43.44B |
| Shareholders' Equity | $18.98B | $19.17B | $29.49B | $30.58B | $27.41B | $29.09B |
Phillips 66 Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $2.11B | $6.02B | $10.81B | $7.03B | $4.19B | $4.96B |
| Cash From Investing | -$3.08B | -$1.87B | -$1.49B | -$1.79B | -$2.46B | -$2.10B |
| Cash From Financing | $1.79B | -$3.47B | -$6.39B | -$8.09B | -$3.31B | -$3.54B |
Figures from Phillips 66's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Phillips 66 financials page for every line item.
Phillips 66 Company Profile
| Ticker | PSX |
|---|---|
| Exchange | NYSE |
| Industry | Petroleum Refining |
| Headquarters | Houston, Texas |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001534701 |
Frequently Asked Questions
What was Phillips 66's revenue in fiscal 2025?
Phillips 66 (PSX) reported revenue of $132.38B for fiscal 2025.
What is Phillips 66's annual revenue history?
Phillips 66's annual revenue by fiscal year: 2020: $64.13B; 2021: $111.48B; 2022: $169.99B; 2023: $147.40B; 2024: $143.15B; 2025: $132.38B.
What was Phillips 66's net income in fiscal 2025?
Phillips 66 reported net income of $4.40B for fiscal 2025.
What was Phillips 66's earnings per share (EPS) in fiscal 2025?
Phillips 66's diluted EPS was $10.79 for fiscal 2025 (adjusted for any later stock splits).
What was Phillips 66's revenue last quarter?
In its most recent reported quarter (2026 Q2), Phillips 66 reported revenue of $51.00B.
How much debt does Phillips 66 have?
Phillips 66 reported $18.68B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Phillips 66 are outstanding?
Phillips 66 reported a weighted average of 401.0 million basic shares outstanding in 2026 Q2.
What is Phillips 66's market cap?
Based on its latest closing price, Phillips 66 (PSX) has a market capitalization of about $117.86B.
When does Phillips 66's fiscal year end?
Phillips 66's fiscal year end, as registered with the SEC, is December 31.
Where is Phillips 66 headquartered?
Phillips 66 lists its business address in Houston, Texas in its SEC filings.