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.

Revenue
+46.4%
EPS
+4,338.6%
Free cash flow
+936.3%
Total debt
−14.8%

Quarter to September 2026, against a year earlier

245.03 2.01 −0.81%
Market cap
$96.4B
P/E
7.9×
Fwd P/E
8.9×
Dividend yield
2.02%
F-score
7/9
Altman Z
3.47
Beneish M
−2.82
Dividend safety
58/100

Phillips 66 (PSX) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Phillips 66 (PSX) trades at a P/B ratio of 2.8×. Over the past ten years it has ranged from 0.7× (March 2020) to 3.4× (September 2026); the current reading is higher than 98% of that period. That is above the Oil & Gas Refining & Marketing industry median of 1.7× and above the Energy sector median of 1.4×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 1.7× 3.01%
FY2024 1.7× (11.94%)
FY2023 1.9× 36.74%
FY2022 1.4× (5.22%)
FY2021 1.5× 3.17%
FY2020 1.4× (22.83%)
FY2019 1.9× 23.94%
FY2018 1.5× (21.84%)
FY2017 1.9× (0.98%)
FY2016 1.9× 4.13%

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.9× 37.75%
Jun 2026 2.1× (16.01%)
Mar 2026 2.5× 42.44%
Dec 2025 1.7× (11.59%)
43 more quarters

Against its own ten years

Low 0.7× High 3.4×
Ten-year median 1.8×
Current reading's percentile 98

P/B ratio against peers

Company P/B ratio
PBF PBF Energy Inc. compare 1.0×
SUN Sunoco LP compare 1.2×
DINO HF Sinclair Corporation compare 1.5×
UGP Ultrapar Participacoes S.A. compare 1.5×
PSX Phillips 66 2.8×
CVI CVR Energy Inc. compare 3.2×
VLO Valero Energy Corporation compare 3.2×
MPC Marathon Petroleum Corporation compare 3.5×
DK Delek US Holdings, Inc. compare 9.1×
Oil & Gas Refining & Marketing industry median 1.7×
Energy sector median 1.4×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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