Net margin
3.3% Fiscal year 2025
No rank: too few peers or not computed yet.
Profit after all costs, interest and taxes divided by revenue.
Phillips 66 is a US energy company focused on refineries that process crude oil into gasoline, diesel and other products. It also owns pipelines, chemicals through a joint venture and gas station brands such as Phillips 66 and 76. It operates mainly in the US. As of Oct 11, 2026
Phillips 66, based in Houston, Texas, was created through the spin-off of ConocoPhillips’ processing and marketing (downstream) businesses. Its segments cover transportation and storage (midstream), chemicals, refining, marketing and specialties, and renewable fuels. In midstream, the group gathers, processes, transports and markets natural gas and NGLs, partly through the subsidiary DCP LP, and exports liquefied petroleum gas (LPG). The refineries in the United States and Europe produce gasoline and distillates including jet fuel, for example. In April 2025 the group acquired Coastal Bend with NGL pipelines, fractionation facilities and distribution systems.
Automatically summarized from SEC annual report (10-K, filed Feb 20, 2026) (website of the US Securities and Exchange Commission) · reviewed Oct 14, 2026
Calculated automatically by fixed rules – not investment advice, check for yourself. How we analyze
Our own calculation from the exchange’s daily candles, as of Oct 27, 2026. “All-time” applies since the start of this series, not to the whole market. Changes in percent; the TradingView chart shows prices. “Today” = change of the last trading day versus the previous day. Not investment advice.
Phillips 66 · Sector Energy · amounts in USD
Information only – does not affect the other analysis methods, not investment advice. Source: SEC filings, As of Feb 20, 2026.
Four angles on the annual figures. Each check counts how many disclosed criteria are met – criteria without data do not count. The bars show where the company ranks on each figure among the stocks we cover and within its sector.
Fiscal year to Dec 31, 2025
3.3% Fiscal year 2025
No rank: too few peers or not computed yet.
Profit after all costs, interest and taxes divided by revenue.
15.1% Fiscal year 2025
No rank: too few peers or not computed yet.
Net income divided by equity at fiscal year end.
6.0% Fiscal year 2025 (total assets at year end)
No rank: too few peers or not computed yet.
Net income divided by total assets at fiscal year end.
39.5% Fiscal year 2025
No rank: too few peers or not computed yet.
Equity as a share of total assets. Usually low for banks.
−8.0% per year
No rank: too few peers or not computed yet.
Average growth per year over 3 fiscal years.
+15.6% per year
No rank: too few peers or not computed yet.
Average growth per year over 5 fiscal years.
+3.0% per year
No rank: too few peers or not computed yet.
Average growth per year over 10 fiscal years.
−22.6% per year
No rank: too few peers or not computed yet.
Growth of earnings per share per year, adjusted for stock splits.
+3.4% per year
No rank: too few peers or not computed yet.
Growth of earnings per share per year, adjusted for stock splits.
44% Fiscal year 2025
Dividend per share divided by earnings per share.
+5.7% per year
No rank: too few peers or not computed yet.
Growth of the dividend per share per year.
6 of 8 Fiscal year 2025
No rank: not all 9 criteria have data.
Nine yes/no tests on profit, cash flow, debt, liquidity and efficiency compared with the prior year.
0.64 at fiscal year end
No rank: too few peers or not computed yet.
Long-term financial debt divided by equity.
1.30 at fiscal year end
No rank: too few peers or not computed yet.
Current assets divided by current liabilities.
−7.2% in 5 years
No rank: too few peers or not computed yet.
Change in diluted share count. Negative = share buybacks, positive = new shares.
Last fiscal year compared with the one before. Returns and revenue per total assets use total assets at the start of the year; leverage = long-term financial debt divided by total assets at year end; new shares via the average diluted share count.
Price-based criteria (P/E, dividend yield) are shown to signed-in users.
Computed automatically from SEC annual reports – not investment advice. Describes the reported figures; points are not a rating of the stock.
Summarized from the lights below. Describes the reported figures – not a recommendation to buy or sell.
Fiscal year 2025 (Jan 1, 2025 – Dec 31, 2025): Revenue 132.4B USD · Net income 4.4B USD · Net margin 3.3%
Where the money of a fiscal year goes and how margins, returns, balance sheet, cash flow and share count developed over up to 10 years. Each chart has one sentence saying what the trend shows.
Of 100 USD of revenue, 3.3 USD net income remained.
| Item | Amount | of revenue |
|---|---|---|
| Revenue | 132.4B USD | 100.0% |
| Net income | 4.4B USD | 3.3% |
| Research & development | 6.0M USD | 0.0% |
| Remaining costs, taxes & other | 128.0B USD | 96.7% |
Taxes, interest and other items are not available separately in the SEC data; they are combined as the difference.
The net margin rose in 5 years from −6.2% to 3.3%.
Net marginReturn on equity rose in 5 years from −20.9% to 15.1%.
Return on equityReturn on assetsThe equity ratio rose in 5 years from 34.7% to 39.5%.
EquityLong-term debt in USD Long-term debt, depending on the filing, includes the current portion or leases.The current ratio fell in 5 years from 1.39 to 1.30.
Current ratioOperating cash flow rose in 5 years from 2.1B USD to 5.0B USD.
Operating cash flow in USDThe share count fell in 5 years by 7.2% (mostly through share repurchases).
Diluted share countFor energy companies the gross margin is not meaningful and is therefore omitted.
From annual reports filed with the SEC (10-K, 20-F, 40-F) as first reported, share count adjusted for splits; obvious filing errors (e.g. wrong unit, outliers against both neighbouring years) are hidden. Describes the reported figures – not investment advice.
How much the company returns to its shareholders – as dividends or by repurchasing its own shares – and whether free cash flow supports it.
The dividend per share rose in 5 years from 3.60 USD to 4.75 USD.
Dividend per share USD per share Per share as filed with the SEC, including special dividends; obvious filing errors are hidden.The payout ratio fell in 4 years from 121.9% to 44.0%.
Payout ratio (earnings)Dividends paid, repurchases and new shares issued from the cash flow statement of annual reports filed with the SEC (as first reported). Describes the reported figures – not investment advice.
Price-based valuation (P/E, P/S, price/free cash flow and dividend yield per fiscal year, compared with its own average) for signed-in users. Log in
Each light follows a simple, disclosed rule. The comparison is with the sector median Sector medianThe middle value of all companies in a sector: half are above it, half below. Unlike the average, single outliers hardly distort it.Example: Margins 4%, 8%, 10%, 12%, 60% → median 10%, average 18.8%.More in the Academy: Lesson putting the P/E in context of all 22 symbols in the Energy sector on our list (current members of the S&P 500 and other lists).
+15.6% per year, last 5 years
Sector Energy: median +14.8% (21 symbols)
What does this mean? Revenue: over 5 years it grew by 15.6% per year on average – at least as fast as the median company in the sector (+14.8%).
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
– per year, last 5 years
per share: not computable (loss in the first or last year)
What does this mean? There was a loss in the first or last year. An annual growth rate cannot be calculated meaningfully then.
Light rule: Green: grows at least as fast as the sector median (without a sector comparison: grows) · Yellow: grows more slowly · Red: shrinks.
3.3% last fiscal year
Sector Energy: median 11.0% (21 symbols)
What does this mean? Of every 100 USD in revenue, 3.33 USD remained as profit – less than the median company in the sector (11.0%). Five years ago the margin was −6.2%.
Light rule: Green: at least the sector median (without a sector comparison: profit) · Yellow: profit, but below the median · Red: loss.
0.60 latest balance sheet
Sector Energy: median 0.35 (13 symbols)
What does this mean? For every 1 USD of equity there is 0.60 USD of financial debt – more than the median company in the sector (0.35). More debt amplifies good and bad years alike.
Light rule: Green: at most the sector median · Yellow: up to twice the median · Red: more than twice · Gray: without a sector comparison.
44% Dividend / earnings per share
Sector Energy: median 55% (16 symbols)
What does this mean? Of every 1 USD of earnings per share, 0.44 USD went to shareholders as a dividend. The rest stays in the company. Median company in the sector: 55%.
Light rule: Green: up to 60% of earnings · Yellow: up to 100% · Red: more than earnings or a dividend despite a loss · Gray for real estate (REITs). The sector median is for comparison only.
9 of 10 fiscal years with a profit
What does this mean? In 9 of the last 10 fiscal years the bottom line showed a profit. One year ended with a loss.
Light rule: Green: profit in every year · Yellow: one loss year · Red: several loss years (at least 3 years needed).
| Year | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| 2025 | Dec 31, 2025 | 132.4B | 4.4B | 3.3% | 10.79 | 4.75 | 44% |
| 2024 | Dec 31, 2024 | 143.2B | 2.1B | 1.5% | 4.99 | 4.50 | 90% |
| 2023 | Dec 31, 2023 | 147.4B | 7.0B | 4.8% | 15.48 | 4.20 | 27% |
| 2022 | Dec 31, 2022 | 170.0B | 11.0B | 6.5% | 23.27 | 3.83 | 16% |
| 2021 | Dec 31, 2021 | 111.5B | 1.3B | 1.2% | 2.97 | 3.62 | 122% |
| 2020 | Dec 31, 2020 | 64.1B | −4.0B | −6.2% | −9.06 | 3.60 | – |
| 2019 | Dec 31, 2019 | 107.3B | 3.1B | 2.9% | 6.77 | 3.50 | 52% |
| 2018 | Dec 31, 2018 | 111.5B | 5.6B | 5.0% | 11.80 | 3.10 | 26% |
| 2017 | Dec 31, 2017 | 102.4B | 5.1B | 5.0% | 9.85 | 2.73 | 28% |
| 2016 | Dec 31, 2016 | 84.3B | 1.6B | 1.8% | 2.92 | 2.45 | 84% |
| Quarter | End | Revenue | Net income | Margin | Earnings per share | Dividend per share | Payout |
|---|---|---|---|---|---|---|---|
| Q2/26 | Jun 30, 2026 | 51.0B | 3.8B | 7.5% | 9.55 | 1.27 | 13% |
| Q1/26 | Mar 31, 2026 | 32.5B | 207.0M | 0.6% | 0.51 | 1.27 | 249% |
| Q4/25* | Dec 31, 2025 | 34.1B | 2.9B | 8.5% | – | 1.20 | – |
| Q3/25 | Sep 30, 2025 | 34.5B | 133.0M | 0.4% | 0.32 | 1.20 | 375% |
| Q2/25 | Jun 30, 2025 | 33.3B | 877.0M | 2.6% | 2.15 | 1.20 | 56% |
| Q1/25 | Mar 31, 2025 | 30.4B | 487.0M | 1.6% | 1.18 | 1.15 | 97% |
| Q4/24* | Dec 31, 2024 | 33.7B | 8.0M | 0.0% | – | 1.15 | – |
| Q3/24 | Sep 30, 2024 | 35.5B | 346.0M | 1.0% | 0.82 | 1.15 | 140% |
| Q2/24 | Jun 30, 2024 | 38.1B | 1.0B | 2.7% | 2.38 | 1.15 | 48% |
| Q1/24 | Mar 31, 2024 | 35.8B | 748.0M | 2.1% | 1.73 | 1.05 | 61% |
| Q4/23* | Dec 31, 2023 | 38.3B | 1.3B | 3.3% | – | 1.05 | – |
| Q3/23 | Sep 30, 2023 | 39.6B | 2.1B | 5.3% | 4.69 | 1.05 | 22% |
* Q4 derived: fiscal year minus the 9-month value (EPS cannot be derived this way); may be distorted by restatements.
How we calculate: values as first reported to the SEC (later corrections are left out), a fixed order of reporting tags per figure, partial sums are never added up. Growth per year Growth per year (CAGR)The average annual growth rate over several years, as if the value had grown equally strongly every year. Individual good or bad years even out in it.Example: Revenue €100m → €161m in 5 years → (161 ÷ 100) to the power of 1/5 − 1 = 10% per year.More in the Academy: Lesson debt, dividends and growth over 5 years (otherwise 3 years). Quarters are labeled by the calendar quarter in which they end.
| Period | Purchases | Sales | Net |
|---|---|---|---|
| 3 months | $00 people | $27.0M4 people | −$27.0M |
| 6 months | $30.3K1 person | $35.0M6 people | −$35.0M |
| 12 months | $60.6K1 person | $63.4M7 people | −$63.3M |
Source: mandatory filings with the SEC (Form 4), open-market purchases and sales only. General information, not investment advice.
ATR ATR (Average True Range)The average range per trading day over the last 14 days. It makes distances comparable, whether a stock costs 10 or 1,000.Example: ATR 2.50 at a price of 100: 0.4 ATR is 1.00, i.e. 1%.More in the Academy: Lesson ATR and moving averages as price values only when logged in.
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