PHILLIPS 66 (PSX) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
Phillips 66 is an independent refiner that owns or holds interest in 10 refineries with a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, at the end of 2025. The midstream...
PHILLIPS 66's revenue decreased 7.5% year over year, from $143.15B to $132.38B.
Net income increased 108.0% over the same period, from $2.12B to $4.40B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 57% in total.
Total debt remained relatively stable at $19.72B.
The debt-to-equity ratio stands at 0.68, indicating a moderate leverage profile.
Operating cash flow grew 18.4% to $4.96B.
PHILLIPS 66 maintains a moderate net profit margin of 3.3%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $35.53B-6.8% | $346.0M | $3.33B | $735.9M | $1.13B | $75.08B | $20.00B | $28.72B |
| Q4 FY2024 | $33.69B-5.2% | $8.0M | $2.93B | $-476.9M | $1.20B | $72.58B | $20.06B | $27.41B |
| Q1 FY2025 | $30.43B-9.7% | $487.0M | $2.77B | $-147.0M | $187.0M | $71.84B | $18.80B | $27.27B |
| Q2 FY2025 | $33.32B+9.5% | $877.0M | $4.25B | $1.47B | $845.0M | $75.94B | $20.93B | $27.49B |
| Q3 FY2025 | $34.52B+3.6% | $133.0M | $4.30B | $1.52B | $1.18B | $76.12B | $21.75B | $26.92B |
| Q4 FY2025 | $34.11B-1.2% | $2.91B | $4.97B | $1.54B | $2.75B | $73.68B | $19.72B | $29.09B |
| Q1 FY2026 | $32.54B-4.6% | $207.0M | $3.32B | $208.0M | $-2.26B | N/A | N/A | N/A |
| Q2 FY2026 | $51.00B+56.7% | $3.85B | $7.34B | $4.35B | $7.26B | N/A | N/A | N/A |
Balance Sheet Summary (FY2025)
PHILLIPS 66 (PSX) Financial Statements & Revenue History
PHILLIPS 66 (PSX) is a US-listed stock operating in the Energy sector, specifically the Petroleum Refining industry trading at $293.16 with a market capitalization of $117. This page provides 42 historical financial statements for PHILLIPS 66, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, PHILLIPS 66 reported revenue of $132.4 billion, a 7.5% decline from the prior year. The net profit margin of 3.3% suggests thin margins. The debt-to-equity ratio of 0.68 reflects moderate leverage.
PSX Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows PHILLIPS 66's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether PSX is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track PSX's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently PHILLIPS 66 converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of PSX's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use PSX Financial Data
Investors use PHILLIPS 66's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare PSX's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how PSX's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View PSX's financial health score, earnings, and pre-market pricing.
Financial data is sourced from PHILLIPS 66's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.PSX trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.