Stock Analysis
PHILLIPS 66PSX
P/E 16.49×· 5Y range 3.42–51.05×· 69th percentile of history
Sector: Energy · Industry: Petroleum Refining
AnalystsBuy26 analystsP/E 16.5× sits at the 69th percentile of its 5.0978781656399725-year history.
Cash covers 6% of debt · FY 2025.
PMP Verdict
High quality, fairly valued
Strengths
- Quality97
- Growth81
Risks
- Profitability43
Strong fundamentals at a reasonable valuation.
Bull Case
- ✓Piotroski F-Score 8/9 — high earnings quality
- ✓Altman Z 4.3 — safe-zone balance sheet
- ✓ROE 24.4% — efficient capital deployment
- ✓Interest coverage 37.1× — debt well covered
What's happening with PSX
Profile
Strong earnings quality and growth; moat and profitability lag behind.
How is each axis scored?
- Valuation62/100 · Moderate
- P/E vs own history (69th pct)5/25
- FCF yield (5.5%)20/25
- P/S (0.8x)25/25
- EV/EBIT (17.8x)12/25
- Growth81/100 · Strong
- Revenue CAGR (4.4%)6/25
- Net income CAGR (35.2%)25/25
- EPS CAGR 5Y (37.8%)25/25
- Fwd implied growth (65.9%)25/25
- Profitability43/100 · Weak
- ROIC (12.6%)12/25
- ROE (24.4%)20/25
- Net margin (4.7%)6/25
- Operating margin (5.0%)5/25
- Financial Health74/100 · Moderate
- Altman Z (4.34)25/25
- Current ratio (1.30)12/25
- Interest coverage (37.1x)25/25
- Net cash / debt (D/A 25%)12/25
- Quality97/100 · Strong
- Piotroski F (8/9)25/25
- Beneish M (-2.69)25/25
- FCF conversion (90%)22/25
- Margin stability (σ 3.3%)25/25
- Moat31/100 · Weak
- ROIC >12% years (4/8 yrs)13/25
- Median gross margin (11.4%)0/25
- FCF-positive years (9/10 yrs)18/25
- Worst-year net margin (worst -6.2%)0/25
About PHILLIPS 66
Phillips 66 is an independent refiner that owns or holds interest in 10 refineries with a total crude throughput capacity of 2. Show more
0 million barrels per day, or mmb/d, at the end of 2025. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crude oil, refined petroleum product, NGL and natural gas pipeline systems, and a comprehensive set of refined petroleum product, NGL and crude oil terminals, gathering and processing plants and fractionation facilities and various other storage and loading facilities. Its CPChem chemical joint venture operates facilities primarily in the United States and the Middle East and produces olefins and polyolefins.
Headquarters: HOUSTON, TX · Employees: 12,600 · Website ↗
Price History
Weekly Candlestick Chart — up to 5Y
Key Metrics
Financial snapshot · Tap any metric for its definition and grade
TTM Snapshot
trailing twelve months · YoYValuation
62BP/E (TTM)16.5xB
Grade B: FairPrice / TTM EPS (own statements) — vs own 5Y history: 3.4x–51.0x · 69th pct
P/FCF12.5xA
Grade A: CheapPrice / Free Cash Flow per share (Finnhub). Inverse of FCF yield — negative when FCF is negative
FCF Yield5.5%A
Grade A: ValueTTM (OCF − CapEx) / Market Cap — vs own 5Y history: 0.2%–20.5% · 26th pct
P/S (TTM)0.77xA
Grade A: CheapPrice / TTM Revenue (own statements) — vs own 5Y history: 0.2x–0.8x · highest in history
EV/EBIT17.8xB
Grade B: FairEnterprise value / TTM EBIT (D&A not in our data) — capital-structure neutral — vs own 5Y history: 4.6x–61.1x · 58th pct
EV/Sales0.9xA
Grade A: CheapEnterprise Value / TTM Revenue (Finnhub) — capital-structure neutral sales multiple
Forward P/E9.9xA
Grade A: CheapPrice / next-year EPS estimate — shows whether the TTM multiple is rich or just front-loading growth
P/B Ratio4.02xC
Grade C: ExpensivePrice to Book Value. Neg. equity = heavy buybacks
PEG Ratio0.41A
Grade A: CheapFinnhub PEG — their P/E basis ÷ expected EPS growth. Suppressed when their P/E diverges >2× from our TTM P/E (different basis)
Dividend Yield1.72%A
Grade A: PaysTTM dividend yield (Finnhub) — annual dividends / price. None = no dividend; very high yield can signal distress
Payout Ratio28.0%A
Grade A: SafeDividends / Net Income (Finnhub) — share of earnings paid out; >90% or negative = unsustainable
Profitability
43D+ROIC12.6%C
Grade C: AverageNOPAT (EBIT less ~21% tax) / invested capital (equity + debt − cash). Flagship quality metric — durable >15% signals a moat
ROE24.4%A
Grade A: StrongReturn on Equity. Neg. equity = heavy buybacks
ROA9.0%C
Grade C: AverageReturn on Assets (Finnhub) — Net Income / Total Assets; how efficiently assets produce profit
Net Margin4.7%D
Grade D: LowNet Income / Revenue
Operating Margin5.0%D
Grade D: LowTTM EBIT / TTM Revenue
Gross Margin13.1%D
Grade D: LowGross Profit / Revenue
FCF Margin4.2%D
Grade D: LowFCF / Revenue
True FCF Margin4.2%D
Grade D: LowTTM (OCF − CapEx − SBC) / TTM Revenue — SBC treated as a real cost
Growth
81ARevenue CAGR4.4%D
Grade D: LowCompound annual revenue growth (up to 5Y depending on data availability)
Net Income CAGR35.2%A
Grade A: HighCompound annual net income growth (up to 5Y depending on data availability)
EPS CAGR (5Y)37.8%A
Grade A: HighCompound annual EPS growth over up to 5Y of per-share earnings (own statements). Null when either endpoint EPS ≤ 0
Implied EPS Growth65.9%A
Grade A: HighAnalyst forward EPS (normalized basis) vs our GAAP TTM EPS — different bases, so extreme values usually mark cyclically depressed TTM earnings, not real growth
Dilution (5Y)-9.3%A
Grade A: BuybacksShare count change over 5Y
SBC / Net Income—
Stock-based comp/Net income. >30% = dilution risk
SBC / Revenue—
TTM stock-based comp / TTM Revenue
Financial Health
74B+Altman Z-Score4.34A
Grade A: SafeBankruptcy risk. >3 Safe, <1.8 Distress
Current Ratio1.30xC
Grade C: OkCurrent Assets/Liabilities
Quick Ratio0.86xC
Grade C: Ok(Current Assets − Inventory) / Current Liabilities (Finnhub) — stricter liquidity test, excludes inventory
Interest Coverage37.1xA
Grade A: StrongEBIT/Interest. >10 Strong
Debt Repayment2.9yA
Grade A: FastYears to repay net debt via FCF
Net Debt/EBIT2.4xC
Grade C: MedLeverage. <2x Low, >4x High
Debt/Equity0.68xA
Grade A: LowDebt / Equity: <1 Conservative, >2 Risky. Not meaningful with non-positive equity; shown as unavailable rather than low debt.
Cash / Debt0.06xD
Grade D: ThinCash covers how much of total debt. >1 = could repay all debt from cash
Quality
97A+Piotroski F-Score8/9A
Grade A: StrongFinancial strength 0–9. >7 Strong
Beneish M-Score-2.69A
Grade A: SafeEarnings manipulation risk. < -2.22 Safe
FCF Conversion90.1%A
Grade A: StrongFCF / Net Income
Margin Stability3.3%A
Grade A: StableEBIT margin std deviation. Lower = stable
Capex / Revenue1.7%A
Grade A: Asset-lightTTM CapEx / TTM Revenue — high % = capital-hungry business
Asset Turnover1.93xA
Grade A: HighRevenue / Total Assets (Finnhub) — how efficiently the asset base generates sales
Insider Transactions
SEC Form 4 · 8 recordsP/S codes are the directional signal; grants, option exercises and tax withholding carry none. Form 4 doesn't flag 10b5-1 plans — scheduled sales may appear within open-market sells.
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Mandell Brian Filed | Mandell Brian | Option exercise | -23400 | |
Mandell Brian Filed | Mandell Brian | SellOpen market sale | -23400 | |
Mandell Brian Filed | Mandell Brian | Option exercise | +23.4K | |
Kluppel Ann M Filed | Kluppel Ann M | Gift | -40 | |
Harbison Richard G Filed | Harbison Richard G | Option exercise | -23800 |
Show 3 more filingsShow fewer filings
| Trade date | Insider | Transaction | Shares | Filed |
|---|---|---|---|---|
Harbison Richard G Filed | Harbison Richard G | Option exercise | -14800 | |
Harbison Richard G Filed | Harbison Richard G | Option exercise | -13500 | |
Harbison Richard G Filed | Harbison Richard G | SellOpen market sale | -52100 |
Option exercise (M) rows report a derivative leg, not an open-market sale — a paired negative entry is the option position being consumed.
More metrics — Moat, Per Share, Balance Sheet, MarketHide additional metrics
Moat
31DROIC >12% Years4/8 yrsC
Grade C: ModerateShare of completed fiscal years with ROIC > 12% — measures multi-year capital-return durability
Gross Margin (Med.)11.4%D
Grade D: WeakMedian annual gross margin across available fiscal years — pricing-power durability
FCF-Positive Years9/10 yrsA
Grade A: DurableShare of completed fiscal years with positive free cash flow
Net Margin Floor-6.2%D
Grade D: WeakWeakest annual net margin across completed fiscal years — recession/downcycle resilience
Per Share
EPS (TTM)$17.78
Own TTM net income / shares — same earnings basis as P/E
Cash / Share$10.27
Cash & short-term investments per share (Finnhub)
Book Value / Share$78.96
Shareholders' equity per share (Finnhub). Negative = accumulated losses / heavy buybacks
Balance Sheet
Total Debt$19.72B
Total debt obligations (short + long term)
Cash & Equiv.$1.12B
Cash and short-term investments
Net Debt$18.60B
Total Debt minus Cash. Negative = Net Cash position
Total Equity$29.09B
Shareholders' equity (book value)
Asset / Liability1.70xC
Grade C: AdequateTotal Assets / Total Liabilities
Market
Market Cap$116.98B
Current Market Capitalization
Beta0.71B
Grade B: DefensivePrice sensitivity vs the market (Finnhub) — 1.0 moves with market, >1.2 amplifies swings
How grades work: each metric is graded A–D against fixed thresholds (tap a row for the meaning). Card grades map the pillar score to A+–E — a card grade is that pillar's own score, not an average of the rows shown.
Financials as of Jun 2026 · Ratio snapshot Oct 17, 2026
Key Insights: PHILLIPS 66 (PSX)
PSX is up 1.37% at the last close. PHILLIPS 66 meets 8 of 9 Piotroski F-Score criteria, placing its fundamental strength in the top tier of US-listed stocks. Altman Z-Score of 4.34 sits comfortably in the safe zone (≥ 2.99), indicating low bankruptcy risk. Beneish M-Score of -2.69 suggests a low likelihood of earnings manipulation.
- Takes ~2.9 years to repay net debt from free cash flow.
- PHILLIPS 66 posted a net loss in 1 of 10 available completed fiscal years (2016–2025).
- Return on equity of 24.4% is well above the market average.
See how PSX ranks on the Capex Tracker — top 50 capital spenders compared.
Recent Market Moves
See all PSX moves →| Date | Session | Price | Move | Z-Score |
|---|---|---|---|---|
| Oct 15 | After-hours | 287.11 | -3.42% | -2.03 |
| Sep 21 | Regular | 261.58 | -4.23% | -3.32 |
| Sep 21 | After-hours | 258.51 | -5.35% | -4.11 |
Frequently Asked Questions about PSX
What is the current PHILLIPS 66 (PSX) stock price?
PSX is trading at $293.17 at the last market close, up 1.37% on the session. PreMarketPrice tracks PSX pre-market, intraday and after-hours prices.
Is PSX stock a buy right now?
PreMarketPrice's quantitative model rates PHILLIPS 66's financial health at 74/100. This is a data-driven snapshot of fundamentals, not investment advice.
Is PSX stock overvalued?
PHILLIPS 66 trades at a trailing P/E of 16.5 and our valuation score rates it 62/100 (higher = cheaper vs. its own history). See the Valuation History and Key Metrics sections for forward P/E, EV/EBITDA and PEG context.
When does PHILLIPS 66 report earnings?
No confirmed earnings date is currently scheduled for PSX. The Earnings section lists recent reports and updates as dates are announced.
What sector does PHILLIPS 66 operate in?
PHILLIPS 66 operates in the Energy sector, within the Petroleum Refining industry. The Related Stocks section lists sector peers for comparison.
What does PHILLIPS 66 do?
Phillips 66 is an independent refiner that owns or holds interest in 10 refineries with a total crude throughput capacity of 2.
About PHILLIPS 66 (PSX) Stock
PHILLIPS 66 (PSX) is a US-listed stock operating in the Energy sector, specifically the Petroleum Refining industry. As of the latest update, PHILLIPS 66 is trading at $293.17, up 1.37% on the day with a market capitalization of $117.0 billion. The financial health score for PSX is 74/100, which indicates good financial strength based on profitability, leverage, liquidity, and growth metrics. This page provides real-time pre-market pricing, earnings calendar, financial health analysis, and valuation metrics for PSX stock.
PSX Stock Analysis & Key Metrics
On PreMarketPrice, you can track PHILLIPS 66 (PSX) across multiple dimensions:
- Pre-market price & movement: Real-time PSX stock price with percentage change, updated continuously during pre-market and regular trading hours.
- Valuation & P/E history: Historical P/E, P/S, and P/B ratios for PSX with trend analysis and normalized valuation multiples.
- Financial statements: Revenue, net income, assets, liabilities, and equity for PHILLIPS 66 across multiple reporting periods.
- Financial health score: A composite score of 74/100 based on Altman Z-Score, Piotroski F-Score, profitability, and leverage metrics for PSX.
- Sector peers: Compare PSX against 6 other energy stocks on key financial metrics.
Is PSX a Good Stock to Buy?
This page provides data-driven analysis to help you evaluate PHILLIPS 66 (PSX) as an investment. The financial health score of 74/100 suggests good financial fundamentals. Valuation metrics show whether the stock is trading above or below its historical average.However, this is not financial advice — always do your own research before investing.
Data on this page is sourced from real-time market feeds, Polygon.io, and Finnhub.PHILLIPS 66 (PSX) trades on NYSE/NASDAQ. Pre-market trading occurs 4:00 AM – 9:30 AM ET. Regular market hours are 9:30 AM – 4:00 PM ET.