PSX (Phillips 66) Stock Financials & Earnings | Market Cap Arena

PSX (Phillips 66) Stock Financials & Earnings | Market Cap Arena

PSXPhillips 66

Mkt Cap$66B

Energy·Oil & Gas Refining & Marketing·🇺🇸 United States·NYSE

Revenue (TTM)$132.4B

Net Income (TTM)$4.4B

EPS (TTM)$10.82

Free Cash Flow (TTM)$2.7B

Gross Margin5.1%

Op. Margin2.7%

Net Margin3.3%

FCF Margin2.1%

P/S Ratio (TTM)0.5x

P/E Ratio (TTM)15.0x

YoY Rev Growth-7.5%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$34.3B	$2.8B	$2.0B
Q2 23	$34.9B	$2.5B	$1.8B
Q3 23	$40.0B	$4.0B	$3.2B
Q4 23	$38.1B	$2.0B	$1.2B
Q1 24	$36.0B	$1.9B	$1.2B
Q2 24	$38.1B	$1.5B	$919M
Q3 24	$35.3B	$813M	-$434M
Q4 24	$33.7B	$612M	$39M
Q1 25	$30.5B	$586M	-$166M
Q2 25	$33.3B	$2.0B	$1.2B
Q3 25	$34.5B	$1.9B	$901M
Q4 25	$34.1B	$2.3B	$1.6B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	0.4x	5.3x
Q2 23	0.4x	6.0x
Q3 23	0.4x	8.6x
Q4 23	0.4x	9.4x
Q1 24	0.4x	11.4x
Q2 24	0.4x	12.9x
Q3 24	0.4x	19.6x
Q4 24	0.5x	31.2x
Q1 25	0.5x	35.5x
Q2 25	0.5x	38.4x
Q3 25	0.5x	43.8x
Q4 25	0.5x	15.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$1.2B	$821M
Q2 23	$955M	$404M
Q3 23	$2.7B	$1.8B
Q4 23	$2.2B	$1.6B
Q1 24	-$236M	-$864M
Q2 24	$2.1B	$1.7B
Q3 24	$1.1B	$774M
Q4 24	$1.2B	$692M
Q1 25	$187M	-$236M
Q2 25	$845M	$258M
Q3 25	$1.2B	$637M
Q4 25	$2.8B	$2.1B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$378M
Q2 23	$551M
Q3 23	$855M
Q4 23	$634M
Q1 24	$628M
Q2 24	$367M
Q3 24	$358M
Q4 24	$506M
Q1 25	$423M
Q2 25	$587M
Q3 25	$541M
Q4 25	$682M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-6.2%	-9.1%
Q2 23	-28.4%	-26.0%
Q3 23	-10.2%	-11.7%
Q4 23	-5.5%	-3.4%
Q1 24	+4.9%	+7.8%
Q2 24	+9.2%	+12.2%
Q3 24	-11.7%	-2.8%
Q4 24	-11.4%	-8.5%
Q1 25	-15.3%	-11.9%
Q2 25	-12.5%	-13.5%
Q3 25	-2.2%	-5.9%
Q4 25	+1.2%	-3.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$0	0.0%
Q2 23	$0	0.0%
Q3 23	$0	0.0%
Q4 23	$0	0.0%
Q1 24	$0	0.0%
Q2 24	$0	0.0%
Q3 24	$0	0.0%
Q4 24	$0	0.0%
Q1 25	$0	0.0%
Q2 25	$0	0.0%
Q3 25	$0	0.0%
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	SG&A
Q1 23	$558M
Q2 23	$530M
Q3 23	$614M
Q4 23	$608M
Q1 24	$557M
Q2 24	$552M
Q3 24	$1.2B
Q4 24	$511M
Q1 25	$519M
Q2 25	$582M
Q3 25	$792M
Q4 25	$544M

Revenue Segments

Quarter	Crude Oil	Natural Gas Liquids	Other Product Line	Refined products	Midstream Segment
Q1 23	$4.6B	$4.4B	$692M	$24.7B	—
Q2 23	$4.7B	$3.3B	$666M	$26.5B	—
Q3 23	$5.4B	$3.9B	$392M	$30.0B	$645M
Q4 23	$6.2B	$2.9B	$1.7B	$27.4B	—

Revenue by Geography

Quarter	Germany	Other Geographical Areas	United Kingdom	United States
Q1 23	$1.3B	$2.1B	$3.9B	$27.1B
Q2 23	$1.4B	$2.5B	$3.3B	$28.0B
Q3 23	$1.5B	$2.0B	$3.7B	$32.5B
Q4 23	$1.4B	$1.9B	$3.8B	$31.3B
Q1 24	$1.3B	$2.2B	$3.9B	$28.4B
Q2 24	$1.4B	$3.1B	$3.2B	$30.5B
Q3 24	$1.3B	$3.3B	$2.9B	$28.0B
Q4 24	$1.2B	$2.9B	$2.7B	$26.8B
Q1 25	$1.2B	$2.1B	$3.0B	$24.2B
Q2 25	$1.3B	$2.6B	$3.4B	$26.0B
Q3 25	$1.4B	$2.8B	$3.4B	$27.0B
Q4 25	$1.1B	$2.4B	$3.5B	$27.1B

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$7.0B	$0	$7.0B
Q2 23	$3.0B	$0	$3.0B
Q3 23	$3.5B	$0	$3.5B
Q4 23	$3.3B	$0	$3.3B
Q1 24	$1.6B	$0	$1.6B
Q2 24	$2.4B	$0	$2.4B
Q3 24	$1.6B	$0	$1.6B
Q4 24	$1.7B	$0	$1.7B
Q1 25	$1.5B	$0	$1.5B
Q2 25	$1.1B	$0	$1.1B
Q3 25	$1.8B	$0	$1.8B
Q4 25	$1.1B	$0	$1.1B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	467M	-1.5%
Q2 23	456M	-2.3%
Q3 23	447M	-2.0%
Q4 23	441M	-1.5%
Q1 24	432M	-2.0%
Q2 24	426M	-1.4%
Q3 24	419M	-1.6%
Q4 24	419M	+0.0%
Q1 25	411M	-2.0%
Q2 25	408M	-0.6%
Q3 25	406M	-0.6%
Q4 25	405M	-0.1%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$10M	14K
FY 15	$6M	14K
FY 16	$5M	15K
FY 17	$6M	15K
FY 18	$8M	14K
FY 19	$7M	15K
FY 20	$4M	14K
FY 21	$8M	14K
FY 22	$13M	13K
FY 23	$11M	14K
FY 24	$11M	13K
FY 25	$11M	13K