YouTube · Q2 2026 · 2026-08-05
PSX · NYSE
Phillips 66
Oil & Gas Refining & Marketing · United States
- Market cap (USD)
- US$107.10B
- Trailing P/E
- 15.26x
- Forward P/E
- 10.01x
- Quarterly revenue growth
- 53.1%
- Trailing net margin
- 4.7%
- Indicated dividend yield
- 1.9%
Snapshot 2026-10-06 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.
Next earnings: 2026-10-28 (provider estimate, not issuer-confirmed).
Company background
Phillips 66 operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally. It operates through five segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels. The Midstream segment provides crude oil and refined petroleum product transportation, terminaling, and storage services, as well as natural gas and natural gas liquids (NGL) gathering, processing, transportation, fractionation, storage and marketing services. It also exports liquefied petroleum gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining; and petrochemicals and plastics. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines and distillates, including aviation fuels. The M&S segment purchases for resale and markets refined products, including gasolines, distillates, and aviation fuels. This segment also manufactures and markets specialty products, such as automotive, commercial, industrial, and specialty lubricants, as well as base oils. The Renewable Fuels segment processes renewable feedstocks into renewable products, as well as supplies sustainable aviation fuel. This segment also procures renewable feedstocks, manages certain regulatory credits, and markets renewable diesel, renewable jet fuel, and other renewable fuels. The company markets its products under the Phillips 66, Conoco and 76, JET, Kendall, Red Line, and other private label brands. Phillips 66 was founded in 1875 and is headquartered in Houston, Texas.
Company websiteQ1 2026
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Comparable businesses
PSX peer comparison
Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.
| Metric | PSXPhillips 66Snapshot 2026-10-06Financial period: 2026-06-30 | MPCMarathon Petroleum CorporationSnapshot 2026-10-06Financial period: 2026-06-30 | VLOValero Energy CorporationSnapshot 2026-10-06Financial period: 2026-06-30 | Peer medianSimilar-size peers only |
|---|---|---|---|---|
| Market capMarket value, converted to USD | US$107.10B | US$120.27B | US$119.41B | US$119.84Bn=2 |
| Forward P/EProvider forward earnings estimate | 10.01x | 8.45x | 9.99x | 9.22xn=2 |
| EV / EBITDAEnterprise value / trailing EBITDA | 12.62x | 10.06x | 9.53x | 9.79xn=2 |
| Revenue growthLatest quarter vs prior-year quarter | 53.1% | 53.7% | 51.7% | 52.7%n=2 |
| Operating marginLatest reported quarter | 8.5% | 13.6% | 12.3% | 12.9%n=2 |
| Free cash flow yieldTrailing cash flow / market cap | 4.2% | 7.7% | 7.0% | 7.4%n=2 |
| Net debt / EBITDANet debt / trailing EBITDA | 1.66x | 1.72x | 0.26x | 0.99xn=2 |
| Debt / equityTotal debt / positive book equity | 0.63x | 1.33x | 0.40x | 0.87xn=2 |
| Trailing P/ETrailing twelve-month earnings | 15.26x | 14.83x | 17.29x | 16.06xn=2 |
| Price / bookPrice / positive book equity per share | 3.38x | 6.35x | 4.78x | 5.56xn=2 |
| EV / salesEnterprise value / trailing revenue | 0.82x | 1.00x | 0.96x | 0.98xn=2 |
| Earnings growthLatest quarter vs prior-year quarter | 344.9% | 348.0% | 453.5% | 400.8%n=2 |
| Gross marginTrailing twelve months | 13.1% | 12.8% | 16.1% | 14.5%n=2 |
| Net marginTrailing twelve months | 4.7% | 5.5% | 5.4% | 5.5%n=2 |
| Return on equityProvider trailing return; positive equity only | 23.5% | 42.1% | 27.6% | 34.9%n=2 |
| Free cash flow marginTrailing free cash flow / revenue | 3.0% | 6.0% | 6.4% | 6.2%n=2 |
| Dividend yieldIndicated annual dividend / price | 1.9% | 0.9% | 1.2% | 1.0%n=2 |
| Earnings payoutProvider trailing dividend payout | 28.2% | 13.5% | 19.4% | 16.5%n=2 |
| Current ratioCurrent assets / current liabilities | 1.32x | 1.25x | 1.64x | 1.44xn=2 |
| BetaProvider historical market sensitivity | 0.70 | 0.54 | 0.59 | 0.57n=2 |
YouTube · Q2 2026 · 2026-08-05
YouTube · Q1 2026 · 2026-05-01
Comparison methodology & limitations
Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.
Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.
Reported performance
Financial trends
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THE RESEARCH RECORD
Research history for PSX
Q1 20262026-05-01
PSX Stock: Q1 2026 Earnings Analysis
Presentation · 2026-05-01 · YouTube