FirmAtlas
Company handbook · PSX · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-16
PSX · CIK 1534701 · LATEST FILING: 10-Q JUN '26 · FILED AUG 5, 2026
Phillips 66
$293.17
+3.97 (+1.37%)
Close, Oct 16, 2026 · 52-week $127–297
Last fiscal year
Phillips 66 reported revenue of $132.4B for the year ended Dec 31, 2025 (FY25), down 7.5% from FY24. Net income was $4.4B and operating cash flow $5.0B. Source: 10-K filed Feb 20, 2026.
Market cap
$119.6B
P/E
16.9
P/B
3.8
Div yield
1.71%
Revenue 1Y
−7.5%/yr
EPS 1Y
116.2%/yr
Shares 1Y
−3%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOMark E. Lashier
HQHouston, TX
AuditorErnst & Young LLP
Employees12,600
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
14.0%
29.3%
37.9%
128.4%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$12.6B deployed
Acquisitions
$4.1B
32.8%
Dividends
$3.8B
30.2%
Buybacks
$4.7B
37.0%
Operating cash flow over the period: $9.2B. Total debt changed by −$346M. R&D of $21M is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Balance sheet
Total assets
72,582
73,680+1.5%
81,810
Cash & short-term investments
1,738
1,116−35.8%
—
Accounts receivable
11,033
9,771−11.4%
—
Inventory
3,995
5,097+27.6%
—
Net PP&E
35,264
39,097+10.9%
—
Other assets
20,552
18,599−9.5%
—
Total liabilities
45,174
44,587−1.3%
50,304
Total debt
20,062
19,716−1.7%
18,768
Other liabilities
25,112
24,871−1.0%
—
Shareholders’ equity
27,408
29,093+6.1%
31,506
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
4,191
4,962+18.4%
8,925
Net income
2,175
4,528+108.2%
—
Depreciation & amortization
2,363
3,251+37.6%
—
Stock-based compensation
210
220+4.8%
—
Working capital & other
(557)
(3,037)n/m
—
Cash from investing
(2,463)
(2,097)n/m
—
PP&E sold
1,082
3,520+225.3%
—
Acquisitions
(625)
(3,498)n/m
—
Investments bought
(1,100)
0n/m
—
Other investing
(1,820)
(2,119)n/m
—
Cash from financing
(3,305)
(3,537)n/m
—
Debt raised
6,272
8,395+33.8%
—
Dividends
(1,882)
(1,922)n/m
—
Buybacks
(3,451)
(1,207)n/m
—
Shares issued
86
107+24.4%
—
Other financing
(4,330)
(8,910)n/m
—
Net change in cash
(1,585)
(622)n/m
—
Where the cash went
Operating cash flow
4,191
4,962+18.4%
8,925
Acquisitions
625
3,498+459.7%
—
R&D (memo, already in costs)
15
6−60.0%
—
Returned to shareholders
5,333
3,129−41.3%
—
% of free cash flow
—
—
Dividends
1,882
1,922+2.1%
—
Buybacks
3,451
1,207−65.0%
—
Change in total debt
—
(346)
—
Buyback yield
7.2%
2.3%−4.9 pp
—
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
34,515
34,108
32,540
51,004
vs year-ago quarter
Gross profit
4,296
4,971
3,324
7,340
Gross margin
12.4%
14.6%
10.2%
14.4%
Net income
133
2,906
207
3,847
vs year-ago quarter
Net margin
0.4%
8.5%
0.6%
7.5%
EPS (diluted, $)
0.32
7.12
0.51
9.55
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
76,116
73,680
84,084
81,810
Cash & equivalents
1,845
1,116
5,150
4,099
Total debt
19,168
19,716
18,676
18,768
Shareholders’ equity
26,917
29,093
28,528
31,506
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
1,178
2,752
(2,264)
7,259