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Saturday 17 October 2026 Export PSX’s income statement to Excel — free account

Phillips 66

PSX Energy Oil & Gas Refining & Marketing

Phillips 66’s revenue for fiscal 2025 (year ended December 2025) was $132.4 billion, down 7.53% from fiscal 2024. In the quarter to June 2026, revenue grew 53.1%, EPS grew 346.1%, free cash flow grew 2,432.2% and total debt fell 1.77%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.

293.51 4.31 +1.49%
Market cap
$115.4B
P/E
16.7×
Fwd P/E
9.2×
Dividend yield
1.71%
F-score
7/9
Altman Z
3.47
Beneish M
−2.82
Dividend safety
58/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Phillips 66 (PSX) Debt to equity

Alert me on Debt to equity

Phillips 66's debt to equity at the end of the quarter to 30 June 2026 was 0.6×, down 0.0× from fiscal 2025 (0.7×). Over the past ten years it has ranged from 0.4× (fiscal 2017) to 0.7× (fiscal 2020); the current reading is higher than 73% of that period. That is above the Oil & Gas Refining & Marketing industry median of 0.4× and above the Energy sector median of 0.4×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.7× (7.49%)
FY2024 0.7× 15.22%
FY2023 0.6× 21.37%
FY2022 0.5× (24.52%)
FY2021 0.7× (9.57%)
FY2020 0.7× 70.53%
FY2019 0.4× 5.35%
FY2018 0.4× 11.50%
FY2017 0.4× (13.74%)
FY2016 0.4× 15.08%

Quarterly newest first

Period Debt to equity Change
Jun 2026 0.6× (31.20%)
Mar 2026 0.9× 40.17%
Dec 2025 0.7× (15.85%)
Sep 2025 0.8× 5.95%
42 more quarters

Against its own ten years

Low 0.4× High 0.7×
Ten-year median 0.5×
Current reading's percentile 73

Debt to equity against peers

Company Debt to equity
DINO HF Sinclair Corporation compare 0.3×
PBF PBF Energy Inc. compare 0.3×
VLO Valero Energy Corporation compare 0.4×
PSX Phillips 66 0.6×
UGP Ultrapar Participacoes S.A. compare 1.0×
MPC Marathon Petroleum Corporation compare 1.3×
SUN Sunoco LP compare 1.6×
CVI CVR Energy Inc. compare 2.4×
IEP Icahn Enterprises L.P. compare 3.0×
Oil & Gas Refining & Marketing industry median 0.4×
Energy sector median 0.4×
Market median 0.1×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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