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

Phillips 66 (PSX) EV/EBITDA

Alert me on EV/EBITDA

As of 16 October 2026, Phillips 66 (PSX) trades at a EV/EBITDA of 11.6×. Over the past ten years it has ranged from 0.0× (December 2021) to 50.0× (February 2022); the current reading is higher than 64% of that period. That is above the Oil & Gas Refining & Marketing industry median of 8.0× and above the Energy sector median of 6.9×.

EV/EBITDA, daily

Embed this chart

Annual newest first

Period EV/EBITDA Change
FY2025 7.9× (49.72%)
FY2024 15.7× 112.97%
FY2023 7.4× 74.97%
FY2022 4.2× (89.79%)
FY2021 41.2× —
FY2020 0.0× —
FY2019 15.6× 111.91%
FY2018 7.4× (55.42%)
FY2017 16.5× (29.04%)
FY2016 23.2× 174.68%

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 7.3× (36.10%)
Mar 2026 11.4× 44.38%
Dec 2025 7.9× (43.60%)
Sep 2025 14.0× 2.95%
42 more quarters

Against its own ten years

Low 0.0× High 50.0×
Ten-year median 9.5×
Current reading's percentile 64

EV/EBITDA against peers

Company EV/EBITDA
PBF PBF Energy Inc. compare 4.3×
UGP Ultrapar Participacoes S.A. compare 5.5×
DINO HF Sinclair Corporation compare 6.7×
SUN Sunoco LP compare 7.9×
IEP Icahn Enterprises L.P. compare 8.6×
CVI CVR Energy Inc. compare 9.3×
MPC Marathon Petroleum Corporation compare 9.3×
VLO Valero Energy Corporation compare 10.1×
PSX Phillips 66 11.6×
Oil & Gas Refining & Marketing industry median 8.0×
Energy sector median 6.9×
Market median 11.0×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

More on PSX