PSX
Phillips 66
NYSE: PSX · ENERGY · OIL & GAS REFINING & MARKETING
$173.49
+5.06% today
Updated 2026-04-29
Market cap
$65.30B
P/E ratio
15.08
P/S ratio
0.49x
EPS (TTM)
$10.80
Dividend yield
2.98%
52W range
$99 – $191
Volume
3.3M
Phillips 66 (PSX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $112.69B | $146.82B | $196.70B | $166.09B | $157.71B | $145.86B | $85.03B | $71.35B | $89.55B | $111.27B | $107.44B | $63.69B | $111.94B | $170.12B | $147.26B | $143.12B | $132.19B |
| Revenue growth (YoY) | — | +30.3% | +34.0% | -15.6% | -5.0% | -7.5% | -41.7% | -16.1% | +25.5% | +24.3% | -3.4% | -40.7% | +75.8% | +52.0% | -13.4% | -2.8% | -7.6% |
| Cost of revenue | $98.13B | $130.31B | $177.98B | $159.49B | $153.52B | $141.34B | $78.91B | $67.87B | $85.43B | $104.13B | $102.13B | $63.51B | $108.56B | $157.35B | $135.98B | $138.25B | $125.70B |
| Gross profit | $14.56B | $16.51B | $18.72B | $6.60B | $4.20B | $4.52B | $6.12B | $3.48B | $4.12B | $7.14B | $5.32B | $180.00M | $3.38B | $12.77B | $11.29B | $4.86B | $6.49B |
| Gross margin | 12.9% | 11.2% | 9.5% | 4.0% | 2.7% | 3.1% | 7.2% | 4.9% | 4.6% | 6.4% | 4.9% | 0.3% | 3.0% | 7.5% | 7.7% | 3.4% | 4.9% |
| R&D | $36.00M | $56.00M | $74.00M | $76.00M | $69.00M | $62.00M | $65.00M | $60.00M | $60.00M | $55.00M | $54.00M | $48.00M | $47.00M | $42.00M | $27.00M | $15.00M | $6.00M |
| SG&A | — | $1.38B | $1.41B | $1.72B | $1.48B | $1.66B | $1.67B | $1.64B | $1.70B | $1.68B | $1.68B | $1.54B | $1.74B | $8.81B | $2.52B | $2.81B | $2.44B |
| Operating income | $-398.00M | $1.11B | $1.83B | $4.51B | $2.46B | $2.51B | $4.15B | $1.53B | $2.01B | $5.04B | $3.23B | $-1.83B | $1.23B | $10.07B | $8.27B | $2.32B | $3.52B |
| Operating margin | -0.4% | 0.8% | 0.9% | 2.7% | 1.6% | 1.7% | 4.9% | 2.1% | 2.2% | 4.5% | 3.0% | -2.9% | 1.1% | 5.9% | 5.6% | 1.6% | 2.7% |
| EBITDA | $1.73B | $2.05B | $7.55B | $7.82B | $6.77B | $7.03B | $7.45B | $3.72B | $5.33B | $9.33B | $6.00B | $-3.05B | $3.95B | $16.91B | $12.37B | $5.99B | $9.76B |
| EBITDA margin | 1.5% | 1.4% | 3.8% | 4.7% | 4.3% | 4.8% | 8.8% | 5.2% | 6.0% | 8.4% | 5.6% | -4.8% | 3.5% | 9.9% | 8.4% | 4.2% | 7.4% |
| EBIT | $848.00M | $1.17B | $6.64B | $6.88B | $5.80B | $6.01B | $6.35B | $2.53B | $3.99B | $7.95B | $4.64B | $-4.46B | $2.32B | $15.26B | $10.37B | $3.58B | $6.46B |
| Interest expense | $1.00M | $1.00M | $17.00M | $246.00M | $275.00M | $267.00M | $310.00M | $338.00M | $438.00M | $504.00M | $458.00M | $499.00M | $581.00M | $619.00M | $897.00M | $907.00M | $1.04B |
| Income tax | $368.00M | $579.00M | $1.84B | $2.50B | $1.84B | $1.65B | $1.76B | $547.00M | $-1.69B | $1.57B | $801.00M | $-1.25B | $146.00M | $3.25B | $2.23B | $500.00M | $892.00M |
| Effective tax rate | 43.6% | 44.1% | 27.9% | 37.7% | 33.1% | 25.8% | 29.4% | 26.0% | -49.6% | 21.9% | 20.7% | 23.9% | 10.0% | 22.8% | 24.1% | 19.1% | 16.8% |
| Net income | $476.00M | $735.00M | $4.78B | $4.12B | $3.73B | $4.76B | $4.23B | $1.55B | $5.11B | $5.59B | $3.08B | $-3.98B | $1.31B | $11.02B | $7.00B | $2.12B | $4.40B |
| Net income growth (YoY) | — | +54.4% | +549.7% | -13.6% | -9.7% | +27.8% | -11.2% | -63.2% | +228.4% | +9.6% | -45.0% | -229.5% | +133.0% | +738.3% | -36.5% | -69.8% | +108.0% |
| Profit margin | 0.4% | 0.5% | 2.4% | 2.5% | 2.4% | 3.3% | 5.0% | 2.2% | 5.7% | 5.0% | 2.9% | -6.3% | 1.2% | 6.5% | 4.8% | 1.5% | 3.3% |