Phillips 66 (PSX) Stock Price

Phillips 66 Price

NYSE·CLOSED
206.98USD-4.43 (-2.12 %)
Market closed

Revenue at Phillips 66 has contracted by 1.5% per year over the past 17 years to 132.19 B USD. Earnings per share have grown at 6.9% per year over the last 17 years. Phillips 66's net margin stands at 3.3%, up from 1.2% several years earlier. Phillips 66 currently offers a dividend yield of about 2.29%. The payout ratio is around 44% of earnings. The dividend has grown at 19.9% per year over the past 13 years. Analysts set a median price target of 154.02 USD, implying 25.6% below the current price. Of 27 analysts, 13 rate the stock a buy — an overall Hold consensus. The stock trades about 75% above its 52-week low.

Phillips 66 stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Phillips 66 over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Phillips 66 stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Phillips 66's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Phillips 66 Stock Price History
DatePhillips 66 Price
7/23/2026206.98 USD
7/22/2026211.41 USD
7/21/2026212.27 USD
7/20/2026208.80 USD
7/17/2026206.86 USD
7/16/2026201.32 USD
7/15/2026196.16 USD
7/14/2026201.45 USD
7/13/2026194.52 USD
7/10/2026188.36 USD
7/9/2026189.82 USD
7/8/2026183.62 USD
7/7/2026178.84 USD
7/6/2026177.48 USD
7/2/2026176.42 USD
7/1/2026174.50 USD
6/30/2026169.05 USD
6/29/2026177.50 USD
6/26/2026171.65 USD
6/25/2026171.76 USD
6/24/2026168.64 USD
6/23/2026170.34 USD
6/22/2026166.74 USD
6/18/2026165.85 USD
6/17/2026168.51 USD
6/16/2026170.96 USD
6/15/2026173.44 USD
6/12/2026180.38 USD
6/11/2026181.77 USD
6/10/2026183.17 USD
6/9/2026179.00 USD
6/8/2026183.42 USD
6/5/2026185.82 USD
6/4/2026184.46 USD
6/3/2026185.95 USD
6/2/2026181.76 USD
6/1/2026182.52 USD
5/29/2026176.07 USD
5/28/2026176.98 USD
5/27/2026173.45 USD
5/26/2026177.65 USD
5/22/2026176.38 USD
5/21/2026178.17 USD
5/20/2026181.16 USD
5/19/2026182.38 USD
5/18/2026179.80 USD
5/15/2026176.20 USD
5/14/2026171.51 USD
5/13/2026171.82 USD
5/12/2026175.43 USD
5/11/2026175.36 USD
5/8/2026171.56 USD
5/7/2026168.31 USD
5/6/2026171.72 USD
5/5/2026180.26 USD
5/4/2026178.47 USD
5/1/2026176.19 USD
4/30/2026179.15 USD
4/29/2026173.49 USD
4/28/2026165.13 USD
4/27/2026164.10 USD
4/24/2026162.85 USD
4/23/2026159.53 USD
4/22/2026160.65 USD
4/21/2026159.38 USD
4/20/2026155.75 USD
4/17/2026156.37 USD
4/16/2026163.33 USD
4/15/2026161.44 USD
4/14/2026158.76 USD
4/13/2026160.40 USD
4/10/2026159.25 USD
4/9/2026161.07 USD
4/8/2026168.00 USD
4/7/2026174.70 USD
4/6/2026176.01 USD
4/2/2026176.02 USD
4/1/2026175.64 USD
3/31/2026182.18 USD
3/30/2026184.81 USD
3/27/2026188.01 USD
3/26/2026184.51 USD
3/25/2026182.01 USD
3/24/2026183.46 USD
3/23/2026176.76 USD
3/20/2026175.83 USD
3/19/2026178.34 USD
3/18/2026178.34 USD
3/17/2026172.74 USD
3/16/2026172.71 USD
3/15/2026173.48 USD
3/13/2026172.74 USD
3/12/2026172.74 USD
3/11/2026174.09 USD
3/10/2026169.50 USD
3/9/2026162.50 USD
3/8/2026163.00 USD
3/6/2026165.96 USD
3/5/2026165.96 USD
3/4/2026166.44 USD
3/3/2026164.72 USD
3/2/2026159.78 USD
3/1/2026160.18 USD
2/27/2026154.33 USD
2/26/2026154.33 USD
2/25/2026152.46 USD
2/24/2026151.91 USD
2/23/2026154.36 USD
2/22/2026154.85 USD
2/20/2026155.75 USD
2/19/2026155.75 USD
2/18/2026155.41 USD
2/17/2026157.40 USD
2/16/2026158.16 USD
2/13/2026159.77 USD
2/12/2026159.77 USD
2/11/2026156.26 USD
2/10/2026161.50 USD
2/9/2026157.31 USD
2/8/2026157.50 USD
2/6/2026157.80 USD
2/5/2026157.80 USD
2/4/2026154.43 USD
2/3/2026154.69 USD
2/2/2026148.09 USD
2/1/2026142.24 USD
1/30/2026143.56 USD
1/29/2026143.56 USD
1/28/2026144.08 USD
1/27/2026142.08 USD
1/26/2026140.01 USD
1/25/2026140.39 USD
1/23/2026141.54 USD
1/22/2026141.54 USD
1/21/2026141.93 USD
1/20/2026141.64 USD
1/19/2026138.47 USD
1/16/2026138.28 USD
1/15/2026138.28 USD
1/14/2026140.01 USD
1/13/2026141.39 USD
1/12/2026137.70 USD
1/11/2026138.85 USD
1/9/2026142.16 USD
1/8/2026142.16 USD
1/7/2026144.22 USD
1/6/2026137.88 USD
1/5/2026136.65 USD
1/4/2026139.98 USD
1/2/2026130.57 USD
1/1/2026130.57 USD
12/31/2025129.04 USD
12/30/2025129.04 USD
12/29/2025129.56 USD
12/28/2025128.59 USD
12/26/2025127.75 USD
12/25/2025127.75 USD
12/24/2025128.41 USD
12/23/2025128.41 USD
12/22/2025129.12 USD
12/21/2025128.99 USD
12/19/2025128.89 USD
12/18/2025128.89 USD
12/17/2025129.13 USD
12/16/2025131.99 USD
12/15/2025131.78 USD
12/14/2025141.51 USD
12/12/2025141.44 USD
12/11/2025141.44 USD
12/10/2025143.43 USD
12/9/2025143.81 USD
12/8/2025139.88 USD
12/7/2025139.06 USD
12/5/2025139.36 USD
12/4/2025139.36 USD
12/3/2025139.42 USD
12/2/2025139.85 USD
12/1/2025137.57 USD
11/30/2025139.76 USD
11/28/2025136.96 USD
11/27/2025136.96 USD
11/26/2025134.96 USD
11/25/2025134.96 USD
11/24/2025134.13 USD
11/23/2025133.20 USD
11/21/2025133.72 USD
11/20/2025133.72 USD
11/19/2025131.99 USD
11/18/2025134.49 USD
11/17/2025138.41 USD
11/16/2025136.65 USD
11/14/2025142.32 USD
11/13/2025142.32 USD
11/12/2025139.50 USD
11/11/2025138.02 USD
11/10/2025140.85 USD
11/9/2025138.65 USD
11/7/2025137.95 USD
11/6/2025137.95 USD
11/5/2025138.20 USD
11/4/2025135.93 USD
11/3/2025135.75 USD
11/2/2025137.92 USD
10/31/2025136.14 USD
10/30/2025136.14 USD
10/29/2025137.07 USD
10/28/2025138.00 USD
10/27/2025133.66 USD
10/26/2025135.42 USD
10/23/2025134.98 USD
10/22/2025135.81 USD
10/21/2025131.40 USD
10/20/2025128.60 USD
10/19/2025130.34 USD
10/16/2025129.27 USD
10/15/2025128.36 USD
10/14/2025129.57 USD
10/13/2025130.84 USD
10/12/2025129.79 USD
10/9/2025126.76 USD
10/8/2025131.09 USD
10/7/2025131.30 USD
10/6/2025132.37 USD
10/5/2025132.92 USD
10/2/2025133.01 USD
10/1/2025134.94 USD
9/30/2025134.59 USD
9/29/2025136.02 USD
9/28/2025137.57 USD
9/25/2025139.46 USD
9/24/2025139.08 USD
9/23/2025136.59 USD
9/22/2025132.28 USD
9/21/2025129.57 USD
9/18/2025129.72 USD
9/17/2025131.35 USD
9/16/2025133.14 USD
9/15/2025133.04 USD
9/14/2025131.18 USD
9/11/2025130.78 USD
9/10/2025132.52 USD
9/9/2025131.42 USD
9/8/2025132.29 USD
9/7/2025130.21 USD
9/4/2025131.55 USD
9/3/2025131.58 USD
9/2/2025130.53 USD
9/1/2025133.84 USD
8/28/2025133.58 USD
8/27/2025132.83 USD
8/26/2025132.62 USD
8/25/2025129.89 USD
8/24/2025129.52 USD
8/21/2025129.94 USD
8/20/2025124.45 USD
8/19/2025123.57 USD
8/18/2025122.17 USD
8/17/2025122.84 USD
8/14/2025123.61 USD
8/13/2025122.73 USD
8/12/2025122.58 USD
8/11/2025120.04 USD
8/10/2025118.37 USD
8/7/2025119.13 USD
8/6/2025119.30 USD
8/5/2025119.84 USD
8/4/2025122.07 USD
8/3/2025121.46 USD
7/31/2025119.60 USD
7/30/2025123.58 USD
7/29/2025124.40 USD
7/28/2025128.41 USD
7/27/2025127.69 USD
Access this data via the Eulerpool API

Phillips 66 Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2020
63.69 B USD
-4.47 B USD
-3.98 B USD
Jan 1, 2021
111.94 B USD
1.83 B USD
1.32 B USD
Jan 1, 2022
170.12 B USD
10.72 B USD
11.02 B USD
Jan 1, 2023
147.26 B USD
8.93 B USD
7.00 B USD
Jan 1, 2024
143.12 B USD
3.11 B USD
2.12 B USD
Jan 1, 2025
132.19 B USD
4.47 B USD
4.40 B USD
Jan 1, 2026 (e)
154.78 B USD
7.07 B USD
8.72 B USD
Jan 1, 2027 (e)
142.76 B USD
7.31 B USD
7.90 B USD

Phillips 66 Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jul 26, 2026, 9:02 AM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201220132014201520162017201820192020202120222023202420252026e2027e
166.09157.71145.8685.0371.3589.55111.27107.4463.69111.94170.12147.26143.12132.19154.78142.76
-15.56-5.04-7.52-41.70-16.0925.5124.26-3.44-40.7275.7651.97-13.44-2.81-7.6417.09-7.76
3.972.663.107.204.884.606.424.950.283.027.517.663.404.914.914.91
6.604.204.526.123.484.127.145.320.183.3812.7711.294.866.497.597.00
4.512.472.514.151.852.425.503.64-4.471.8310.728.933.114.477.077.31
2.711.561.724.882.602.704.943.39-7.011.636.306.062.183.384.575.12
4.123.734.764.231.565.115.603.08-3.981.3211.027.002.124.408.727.90
-13.63-9.6527.80-11.23-63.21228.369.58-45.02-229.49-133.02738.33-36.47-69.77107.9897.96-9.41
0.901.952.282.742.452.733.103.503.603.623.834.204.504.755.085.37
116.6716.9220.18-10.5811.4313.5512.902.860.565.809.667.145.566.955.71
635.63604.17559.02540.25526.28511.35464.41447.84439.12441.58474.33440.58418.80405.15405.15405.15
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Phillips 66 generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Phillips 66 retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Phillips 66's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Phillips 66 has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Phillips 66's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Phillips 66 stock margins

The Phillips 66 margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Phillips 66. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Phillips 66.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2020
0.28 %
-7.01 %
-6.25 %
Jan 1, 2021
3.02 %
1.63 %
1.17 %
Jan 1, 2022
7.51 %
6.30 %
6.48 %
Jan 1, 2023
7.66 %
6.06 %
4.76 %
Jan 1, 2024
3.40 %
2.18 %
1.48 %
Jan 1, 2025
4.91 %
3.38 %
3.33 %
Jan 1, 2026 (e)
4.91 %
4.57 %
5.63 %
Jan 1, 2027 (e)
4.91 %
5.12 %
5.53 %

Phillips 66 Stock Revenue, EBIT, Earnings per Share

The Phillips 66 earnings per share therefore indicates how much revenue Phillips 66 has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2020
145.05 USD
-10.17 USD
-9.07 USD
Jan 1, 2021
253.51 USD
4.14 USD
2.98 USD
Jan 1, 2022
358.65 USD
22.59 USD
23.24 USD
Jan 1, 2023
334.25 USD
20.26 USD
15.90 USD
Jan 1, 2024
341.73 USD
7.44 USD
5.05 USD
Jan 1, 2025
326.27 USD
11.02 USD
10.87 USD
Jan 1, 2026 (e)
366.87 USD
17.45 USD
20.66 USD
Jan 1, 2027 (e)
338.40 USD
18.05 USD
18.72 USD

Phillips 66 business model & stock analysis

Phillips 66 is an American company specializing in the production of fuel, lubricants, and other petrochemical products. It has a long history dating back to 1917 when the Marland Oil Company was founded. The company grew rapidly and expanded in the 1930s through the construction of refineries. In 1955, Marland Oil Company merged with Phillips Petroleum Company to form the current Phillips 66. Today, Phillips 66 is one of the largest and most successful companies in the oil and gas industry, with its headquarters in Houston, Texas, and nearly 14,000 employees worldwide. The company's business model focuses on processing crude oil and gas from natural gas fields. It operates several refineries in the US, Europe, and Asia to produce gasoline, kerosene, diesel, and other petrochemical products from crude oil. Phillips 66 is also involved in the production of lubricants and other petrochemical products. The company is divided into four main segments: Refining, Marketing and Logistics, Chemicals, and Midstream. These segments complement each other and contribute to the company's success. The Refining segment includes the production of fuels such as gasoline, diesel, and jet fuel, as well as other petrochemical products. Phillips 66's refineries operate in the US, Europe, and Asia and process millions of barrels of crude oil daily. The Marketing and Logistics segment handles the marketing of Phillips 66 products. The company operates over 7,500 gas stations and supplies customers in the aviation, shipping, and transportation industries. Phillips 66 is also involved in the storage, transportation, and distribution of petrochemical products. The Chemicals segment includes the production of chemicals and plastic products from crude oil. Phillips 66's products are used in various industries, including the automotive, electronics, and packaging industries. The Midstream segment refers to the supply chain of crude oil and natural gas. Phillips 66 owns and operates pipelines, loading terminals, and oil ports in the US, Europe, and Asia. The company also provides services to remove sulfur from crude oil to meet emissions standards. Phillips 66's product range is diverse and includes fuels such as gasoline, diesel, jet fuel, and lubricants. The company also produces petrochemical products such as rubber, plastic, resin, and other specialty products. In the renewable energy sector, Phillips 66 has invested in some projects to reduce its CO2 emissions. The company is involved in the development of biofuels and has also partnered with a company to produce renewable natural gas in the US. Overall, Phillips 66 is a company with a long history and a wide range of products and services. It has successfully specialized in processing crude oil and gas from natural gas fields and operates successfully in various business areas. Phillips 66's commitment to renewable energy is another example of the company's ability to respond to industry challenges.

Phillips 66 SWOT Analysis

Strengths

1. Diverse and balanced portfolio of businesses, including refining, marketing, chemicals, and midstream operations.

2. Strong brand recognition and reputation in the energy industry.

3. Efficient refining and marketing operations, leading to competitive advantage.

Weaknesses

1. Vulnerability to fluctuations in global oil prices, impacting profitability.

2. Limited presence in renewable energy sources, with potential risk in evolving energy transition.

3. Dependence on a specific geographical market, reducing diversification opportunities.

Opportunities

1. Growing demand for petrochemical products worldwide, offering expansion possibilities.

2. Increasing adoption of electric vehicles, creating potential for new market segments.

3. Investment in renewable energy infrastructure, enabling diversification and capturing new growth areas.

Threats

1. Stringent environmental regulations affecting refining and chemical operations.

2. Intense competition within the energy industry, putting pressure on margins.

3. Geopolitical uncertainties impacting global oil supply and demand dynamics.

Phillips 66 Segments

Phillips 66 Revenue by Segment (1/5)

  • 3 Years

  • 5 Years

  • Max

Refined petroleum products
Refined petroleum products and renewable fuels
NGL and natural gas
Crude oil resales
NGL
Services and other
Details
Date
Refined petroleum products
Refined petroleum products and renewable fuels
NGL and natural gas
Crude oil resales
NGL
Services and other
Jan 1, 2018
87.97 B USD
0.00 USD
0.00 USD
16.42 B USD
6.16 B USD
914.00 M USD
Jan 1, 2019
87.90 B USD
0.00 USD
0.00 USD
14.13 B USD
4.81 B USD
452.00 M USD
Jan 1, 2020
49.77 B USD
0.00 USD
0.00 USD
9.11 B USD
4.08 B USD
1.16 B USD
Jan 1, 2022
131.80 B USD
0.00 USD
16.17 B USD
20.57 B USD
0.00 USD
1.44 B USD
Jan 1, 2023
108.64 B USD
0.00 USD
14.47 B USD
20.82 B USD
0.00 USD
3.46 B USD
Jan 1, 2024
0.00 USD
103.69 B USD
14.55 B USD
22.01 B USD
0.00 USD
2.91 B USD
Jan 1, 2025
0.00 USD
97.36 B USD
17.07 B USD
15.18 B USD
0.00 USD
2.77 B USD

Phillips 66 Revenue by Segment (2/5)

  • 3 Years

  • 5 Years

  • Max

Marketing and Specialties
Refining
Midstream
Renewable Fuels
Details
Date
Marketing and Specialties
Refining
Midstream
Renewable Fuels
Jan 1, 2018
0.00 USD
33.80 B USD
0.00 USD
0.00 USD
Jan 1, 2019
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2020
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2023
95.42 B USD
36.17 B USD
15.78 B USD
0.00 USD
Jan 1, 2024
0.00 USD
34.79 B USD
16.01 B USD
2.00 B USD
Jan 1, 2025
0.00 USD
0.00 USD
18.58 B USD
0.00 USD

Phillips 66 Revenue by Segment (3/5)

  • Max

Corporate and Other
Details
Date
Corporate and Other
Jan 1, 2018
0.00 USD
Jan 1, 2019
0.00 USD
Jan 1, 2020
0.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2023
36.00 M USD
Jan 1, 2024
0.00 USD
Jan 1, 2025
0.00 USD

Phillips 66 Revenue by Segment (4/5)

  • 3 Years

  • 5 Years

  • Max

Marketing and Specialties
Refining
Midstream
Renewable Fuels
Chemicals
Details
Date
Marketing and Specialties
Refining
Midstream
Renewable Fuels
Chemicals
Jan 1, 2018
71.52 B USD
0.00 USD
6.12 B USD
0.00 USD
0.00 USD
Jan 1, 2019
71.36 B USD
30.92 B USD
4.98 B USD
0.00 USD
0.00 USD
Jan 1, 2020
41.89 B USD
18.03 B USD
4.17 B USD
0.00 USD
0.00 USD
Jan 1, 2022
112.17 B USD
41.60 B USD
16.19 B USD
0.00 USD
0.00 USD
Jan 1, 2023
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2024
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2025
0.00 USD
26.87 B USD
0.00 USD
3.15 B USD
0.00 USD

Phillips 66 Revenue by Segment (5/5)

  • Max

M&S
Details
Date
M&S
Jan 1, 2018
0.00 USD
Jan 1, 2019
0.00 USD
Jan 1, 2020
0.00 USD
Jan 1, 2022
0.00 USD
Jan 1, 2023
0.00 USD
Jan 1, 2024
90.32 B USD
Jan 1, 2025
83.74 B USD

Phillips 66 Revenue by Region

  • 3 Years

  • 5 Years

  • Max

United States
United Kingdom
Other countries
Other foreign countries
Germany
Details
Date
United States
United Kingdom
Other countries
Other foreign countries
Germany
Jan 1, 2018
86.40 B USD
11.05 B USD
0.00 USD
9.65 B USD
4.35 B USD
Jan 1, 2019
83.51 B USD
9.86 B USD
0.00 USD
9.87 B USD
4.05 B USD
Jan 1, 2020
48.71 B USD
7.03 B USD
0.00 USD
5.35 B USD
3.03 B USD
Jan 1, 2022
137.00 B USD
16.74 B USD
0.00 USD
9.86 B USD
6.39 B USD
Jan 1, 2023
118.79 B USD
14.64 B USD
8.42 B USD
0.00 USD
5.55 B USD
Jan 1, 2024
113.60 B USD
12.71 B USD
11.58 B USD
0.00 USD
5.27 B USD
Jan 1, 2025
104.26 B USD
13.21 B USD
9.92 B USD
0.00 USD
4.99 B USD

Phillips 66 Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Phillips 66 historical P/E ratio, EBIT multiple, and P/S ratio

Phillips 66 annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Phillips 66 shares outstanding

The number of shares of Phillips 66 was 405.15 M in 2025. This indicates how many shares Phillips 66 is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2020
439.12 M Stocks
Jan 1, 2021
441.58 M Stocks
Jan 1, 2022
474.33 M Stocks
Jan 1, 2023
440.58 M Stocks
Jan 1, 2024
418.80 M Stocks
Jan 1, 2025
405.15 M Stocks
Jan 1, 2026 (e)
405.15 M Stocks
Jan 1, 2027 (e)
405.15 M Stocks

Phillips 66 Dividend History

15 years of dividend payments · 9 consecutive increases

YearAnnual DividendYoY ChangePayments
20261.27USDYTD
Feb 23, 20261.27USD 5.8%1/1
20254.75USD 5.6%
Feb 24, 20251.15USD 0.0%1/4
May 19, 20251.20USD 4.3%2/4
Aug 19, 20251.20USD 0.0%3/4
Nov 17, 20251.20USD 0.0%4/4
20244.50USD 7.1%
20234.20USD 9.7%
20223.83USD 5.8%
20213.62USD 0.6%
20203.60USD 2.9%
20193.50USD 12.9%
20183.10USD 13.6%
20172.73USD 11.4%

Phillips 66 dividend history and estimates

In 2025, Phillips 66 paid a dividend amounting to 4.75 USD. Dividend means that Phillips 66 distributes a portion of its profits to its owners.
  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2020
3.60 USD
0.00 USD
Jan 1, 2021
3.62 USD
0.00 USD
Jan 1, 2022
3.83 USD
0.00 USD
Jan 1, 2023
4.20 USD
0.00 USD
Jan 1, 2024
4.50 USD
0.00 USD
Jan 1, 2025
4.75 USD
0.00 USD
Jan 1, 2026 (e)
1.27 USD
3.81 USD
Jan 1, 2027 (e)
0.00 USD
5.37 USD

Phillips 66 dividend payout ratio

In 2025, Phillips 66 had a payout ratio of 43.71%. The payout ratio indicates the percentage of the company's profits that Phillips 66 distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2020
-39.69 %
Jan 1, 2021
121.56 %
Jan 1, 2022
16.48 %
Jan 1, 2023
26.42 %
Jan 1, 2024
89.02 %
Jan 1, 2025
43.71 %
Jan 1, 2026 (e)
24.59 %
Jan 1, 2027 (e)
28.69 %

Current Phillips 66 forecasts and price targets in July 2026

Analyst Price Targets 2026
Δ MOM Price Target
2.72 %
Buy48.15 % (13)
Hold51.85 % (14)
Sell0.00 % (0)
12M Price Target
154.02
Last Price
206.98
Currency
USD
12M Return Potential
-25.59 %
LTM Return
0 %

Phillips 66 Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
8/5/20267.33USD42.27 BUSD2026 Q2
7/24/20266.70USD42.91 BUSD2026 Q2
4/29/20260.22USD36.82 BUSD2026 Q1
2/4/20262.21USD32.38 BUSD2025 Q4
5/1/20242.80USD33.75 BUSD2024 Q1
1/29/20242.81USD37.25 BUSD2023 Q4
7/27/20234.36USD35.37 BUSD2023 Q2
4/27/20233.23USD34.34 BUSD2023 Q1
1/26/20235.00USD41.88 BUSD2022 Q4
11/1/20225.10USD43.11 BUSD2022 Q3

EESG©

Eulerpool ESG Scorecard© for the Phillips 66 stock

63/100
79
Environment
61
Social
49
Governance
E

Environment

20
Scope 1 - Direct Emissions31,600,000
Scope 2 - Indirect emissions from purchased energy7,300,000
Scope 3 - Indirect emissions within the value chain359,000,000
Total CO₂ emissions38,900,000
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees20
Percentage of women in management
Percentage of Asian employees4
Share of Asian management4
Percentage of Hispanic/Latino employees13
Hispano/Latino Management share10
Percentage of Black employees6
Black Management Share4
Percentage of white employees72
White Management Share78
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Phillips 66 shareholder structure

% Name
12.25958%
The Vanguard Group, Inc.
The Vanguard Group, Inc.
5.76419%
State Street Investment Management (US)
State Street Investment Management (US)
5.43942%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
4.56306%
Elliott Management Corporation
Elliott Management Corporation
3.67550%
Wells Fargo Advisors
Wells Fargo Advisors
3.18783%
Harris Associates L.P.
Harris Associates L.P.
...

Phillips 66 Executives and Management Board

ML

Mr. Mark Lashier

(63)

Chairman of the Board, President, Chief Executive Officer · since 2021

Compensation22.59 M USD
BM

Mr. Brian Mandell

(61)

Executive Vice President - Marketing and Commercial

Compensation8.38 M USD
KM

Mr. Kevin Mitchell

(58)

Executive Vice President, Chief Financial Officer

Compensation8.34 M USD
RH

Mr. Richard Harbison

(59)

Senior Vice President - Refining

Compensation7.44 M USD
VS

Ms. Vanessa Sutherland

(53)

Executive Vice President, Government Affairs, General Counsel, Corporate Secretary

Compensation6.06 M USD

Phillips 66 Supply Chain

Phillips 66 Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Name1M3M6M1Y2YTrend
1
0.74
0.81
0.85
0.94
0.93
2
Berry
Supplier
-0.47
0.63
0.75
0.85
0.92
3
0.59
0.25
0.52
0.76
0.90
4
0.18
0.83
0.81
0.90
0.89
5
-0.26
0.84
0.88
0.87
0.87
#Name1M3M6M1Y2YTrend
1
Agilyx
Supplier
0.57
-0.21
0.09
0.15
2
0.27
3
0.51
-0.68
-0.72
-0.32
4
CNOOC Limited
Supplier
0.21
-0.71
-0.34
-0.27
5
ITM Power
Supplier
0.69
-0.01
-0.40
0.37
-0.26

Frequently asked questions about Phillips 66

The business model of Phillips 66 revolves around the energy sector. As a diversified energy manufacturing and logistics company, Phillips 66 operates through its various segments, including Refining, Marketing, Chemicals, and Midstream. The Refining segment focuses on processing crude oil and producing refined petroleum products. The Marketing segment involves marketing and selling these products to customers globally. The Chemicals segment deals with the manufacturing and marketing of petrochemicals and plastics. Lastly, the Midstream segment engages in gathering, processing, transporting, and marketing natural gas and natural gas liquids. Overall, Phillips 66 aims to efficiently deliver energy products to meet global demand while prioritizing safety and environmental responsibility.