Your Best Stock

Phillips 66 PSX

US equityMarket cap rank #149Oil & Gas Refining & MarketingNatural Gas
$261.21
+$4.73 (+1.84%)
Market open · Sep 24, 1:10 pm ET
After hours $256.20 -0.11%
Open$258.00
Prev close$256.48
Day range$256.13 – $263.45
Volume1.08M
Market cap$104.23B
P/E (TTM)14.9
Dividend yield1.89%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$51.00B+53.1% YoY
Operating profit$4.28B+259.7% YoY
Net profit$3.88B+327.2% YoY
Diluted EPS$9.55+344.2% YoY
Free cash flow$6.53B+2,432.2% YoY
Operating cash flow$7.26B

Revenue, last 8 quarters

$35.5BSep '24$33.7BDec '24$30.4BMar '25$33.3BJun '25$34.5BSep '25$34.1BDec '25$32.5BMar '26$51.0BJun '26

Net profit, last 8 quarters

$369.0MSep '24$25.0MDec '24$526.0MMar '25$908.0MJun '25$167.0MSep '25$2.9BDec '25$219.0MMar '26$3.9BJun '26

Diluted EPS by quarter

0.82Sep '240.01Dec '241.18Mar '252.15Jun '250.32Sep '257.17Dec '250.51Mar '269.55Jun '26

Free cash flow by quarter

$774.0MSep '24$692.0MDec '24$-236.0MMar '25$258.0MJun '25$637.0MSep '25$2.1BDec '25$-2.8BMar '26$6.5BJun '26

Annual revenue

$64.1BFY20$111.5BFY21$170.0BFY22$147.4BFY23$143.2BFY24$132.4BFY25

Profitability & balance sheet

Gross margin11.3%
Operating margin4.6%
Net margin4.7%
Return on equity24.0%
Return on assets9.0%
Return on invested capital16.0%
Current ratio1.32
Liabilities / assets60.0%
Cash & investments$4.10B
Total debt$20.57B
Net cash (debt)-$16.47B
Free cash flow / sales4.2%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Refining$35.93B 46.7%
  • Marketing and Specialties (M&S)$32.09B 41.7%
  • Midstream$6.30B 8.2%
  • Renewable Fuels$2.56B 3.3%
  • Corporate and Other$10.00M 0.0%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $51.00B $32.54B $132.38B $34.11B $34.52B
Total Operating Revenue $51.00B $32.54B $132.38B $34.11B $34.52B
Cost of Revenue $44.25B $29.77B $119.34B $29.96B $31.05B
Gross Profit $6.76B $2.77B $13.03B $4.15B $3.47B
Operating Expense $2.48B $2.65B $9.65B $2.53B $2.51B
Selling and Admin Expenses $538.00M $537.00M $2.44B $544.00M $792.00M
Other Taxes $127.00M $234.00M $791.00M $119.00M $221.00M
Other Operating Expenses $1.81B $1.88B $6.42B $1.87B $1.49B
Operating Profit $4.28B $114.00M $3.38B $1.62B $965.00M
Net Non-Operating Interest Income (Expense) -$327.00M -$298.00M -$945.00M -$167.00M -$271.00M
Non-Operating Interest Expense $327.00M $298.00M $1.09B $308.00M $271.00M
Other Income (Expense) $1.02B $444.00M $2.98B $2.00B -$495.00M
Gain on Sale of Security -$13.00M -$10.00M $73.00M $66.00M -$8.00M
Earnings from Equity Interest $635.00M $252.00M $762.00M $119.00M $337.00M
Special Income (Charges) $108.00M -$2.00M $1.92B $1.90B -$940.00M
-Less:Write Off $9.00M $8.00M $1.06B $79.00M $951.00M
-Gain on Sale of Property/Plant/Equipment $117.00M $6.00M $2.98B $1.98B $11.00M
Other Non-Operating Income (Expenses) $288.00M $204.00M $225.00M -$86.00M $116.00M
Pretax Profit $4.97B $260.00M $5.42B $3.45B $199.00M
Tax $1.09B $41.00M $892.00M $526.00M $32.00M
Net Profit $3.88B $219.00M $4.53B $2.93B $167.00M
Profit from Continuing Operations $3.88B $219.00M $4.53B $2.93B $167.00M
Minority Interests $32.00M $12.00M $125.00M $21.00M $34.00M
Net Income to Parent Company $3.85B $207.00M $4.40B $2.91B $133.00M
Other Preferred Stock Dividends $3.00M $2.00M $9.00M $3.00M $2.00M
Net Income to Common Stockholders $3.84B $205.00M $4.39B $2.90B $131.00M
Basic EPS $9.59 $0.51 $10.82 $7.20 $0.32
Diluted EPS $9.55 $0.51 $10.79 $7.17 $0.32
Dividend Per Share $1.27 $1.27 $4.75 $1.20 $1.20
Non-Operating Interest Income $141.00M

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $81.81B $84.08B $73.68B $73.68B $76.12B
Total Current Assets $24.22B $27.40B $17.27B $17.27B $22.02B
Cash and Cash Equivalents & Short-Term Investments $4.10B $5.15B $1.12B $1.12B $1.85B
-Cash and Cash Equivalents $4.10B $5.15B $1.12B $1.12B $1.85B
Receivables $11.72B $11.91B $9.77B $9.77B $10.54B
-Accounts Receivable $11.72B $11.91B $9.77B $9.77B $10.54B
Inventory $5.92B $6.72B $5.10B $5.10B $6.42B
Other Current Assets $2.48B $3.61B $1.29B $1.29B $1.62B
Total Non-Current Assets $57.59B $56.69B $56.41B $56.41B $54.10B
Net PPE $39.65B $39.15B $39.10B $39.10B $36.39B
-Gross PPE $63.16B $62.27B $61.79B $61.79B $58.58B
-Accumulated Depreciation -$23.51B -$23.12B -$22.69B -$22.69B -$22.19B
Investments and Advances $12.35B $12.01B $11.60B $11.60B $12.49B
Goodwill and Other Intangible Assets $2.39B $2.40B $2.41B $2.41B $2.46B
-Goodwill $1.43B $1.43B $1.43B $1.43B $1.43B
-Other Intangible Assets $955.00M $969.00M $977.00M $977.00M $1.03B
Other Non-Current Assets $3.21B $3.13B $3.00B $3.00B $2.76B
Total Liabilities $49.11B $54.40B $43.44B $43.44B $48.04B
Total Current Liabilities $18.35B $24.19B $13.33B $13.33B $17.95B
Payables $14.06B $13.06B $10.23B $10.23B $11.66B
-Accounts Payable $12.05B $11.88B $8.87B $8.87B $10.22B
-Total Tax Payable $2.01B $1.18B $1.36B $1.36B $1.43B
Current Accrued Expenses $2.00B $2.29B $1.38B $1.38B $1.70B
Short-Term Debt and Capital Lease Obligation $1.80B $8.45B $1.04B $1.04B $2.59B
-Current Debt $1.80B $8.45B $1.04B $1.04B $2.59B
Total Non-Current Liabilities $30.75B $30.21B $30.11B $30.11B $30.09B
Long Term Debt and Capital Lease Obligation $18.77B $18.68B $18.68B $18.68B $19.17B
-Long Term Debt $18.77B $18.68B $18.68B $18.68B $19.17B
Non-Current Liabilities $1.08B $991.00M $1.02B $1.02B $1.05B
Non-Current Deferred Liabilities $7.45B $7.38B $7.31B $7.31B $6.97B
Employee Benefits $592.00M $562.00M $573.00M $573.00M $562.00M
Other Non-Current Liabilities $2.86B $2.61B $2.53B $2.53B $2.35B
Total Equity $32.70B $29.68B $30.24B $30.24B $28.08B
Stockholders' Equity $31.51B $28.53B $29.09B $29.09B $26.92B
Capital Stock $7.00M $7.00M $7.00M $7.00M $7.00M
-Common Stock $7.00M $7.00M $7.00M $7.00M $7.00M
Additional Paid-In Capital $20.06B $20.02B $19.95B $19.95B $19.91B
Retained Earnings $36.27B $32.93B $33.24B $33.24B $30.82B
Less: Treasury Stock $24.58B $24.20B $23.93B $23.93B $23.66B
Gains/Losses Not Affecting Retained Earnings -$256.00M -$231.00M -$167.00M -$167.00M -$163.00M
Minority Interests $1.20B $1.15B $1.15B $1.15B $1.16B
-Long Term Equity Investment $11.43B $11.43B
Non-Current Note Receivables $303.00M $303.00M
Other Current Liabilities $1.42B

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $7.26B -$2.26B $4.96B $2.75B $1.18B
Net cash flow from continuing operations $7.26B -$2.26B $4.96B $2.75B $1.18B
Net Income from Continuing Operations $3.88B $219.00M $4.53B $2.93B $167.00M
Gain/Loss from Continuing Operations -$631.00M -$92.00M -$2.86B -$2.00B -$66.00M
Depreciation & Depletion & Amortization $585.00M $558.00M $3.25B $818.00M $826.00M
Deferred Tax $66.00M $67.00M $178.00M $345.00M $14.00M
Other Non-Cash Items $401.00M -$70.00M -$22.00M -$128.00M $32.00M
Change in Working Capital $2.94B -$2.96B -$1.18B $708.00M -$742.00M
-Change in Receivables $287.00M -$2.47B -$508.00M -$466.00M $801.00M
-Change in Inventory $800.00M -$1.66B $160.00M $2.59B -$823.00M
-Change in Prepaid Assets $1.13B -$2.33B -$259.00M $275.00M -$108.00M
-Change in Payables and Accrued Expense $727.00M $3.49B -$574.00M -$1.69B -$612.00M
Net cash flow from investing -$738.00M -$606.00M -$2.10B -$467.00M -$487.00M
Net Cash Flow from Continuing Investing Activities -$738.00M -$606.00M -$2.10B -$467.00M -$487.00M
Capital Expenditure -$726.00M -$582.00M -$2.23B -$682.00M -$541.00M
Net Business Purchase and Sale -$98.00M -$40.00M -$3.41B -$1.26B $25.00M
Net Other Investing Changes $86.00M $16.00M $3.54B $1.47B $29.00M
Financing Cash Flow -$7.55B $6.92B -$3.54B -$3.13B $112.00M
Net Cash Flow from Continuing Financing Activities -$7.55B $6.92B -$3.54B -$3.13B $112.00M
Net Issuance Payments Of Debt -$6.68B $7.66B -$379.00M -$2.34B $838.00M
Net Common Stock Issuance -$362.00M -$185.00M -$1.10B -$260.00M -$199.00M
Cash Dividends Paid -$508.00M -$509.00M -$1.92B -$482.00M -$484.00M
Net Other Financing Charges -$1.00M -$50.00M -$136.00M -$43.00M -$43.00M
Ending Cash Balance $4.10B $5.15B $1.12B $1.12B $1.95B
Net Change in Cash -$1.03B $4.05B -$672.00M -$841.00M $803.00M
Beginning Cash Balance $5.15B $1.12B $1.74B $1.95B $1.14B
Effect of Exchange Rate Changes -$25.00M -$16.00M $50.00M $7.00M $3.00M
Free Cash Flow $6.53B -$2.85B $2.73B $2.07B $637.00M
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