Phillips 66 revenue and financials
$269.33Change from previous close: +1.80%Absolute change: +$4.75
In the fiscal year ended December 2025, Phillips 66 reported revenue of $132.38B (−7.53% year over year). Net income was $4.4B, a net margin of 3.3%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- −7.53%
- 2025 vs 2024
- Net income growth
- +107.98%
- 2025 vs 2024
- Net margin
- 3.3%
- 2024: 1.5%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 132,376 | 143,153 | 147,399 | 169,990 | 111,476 | 64,129 | 107,293 | 111,461 | 102,354 | 84,279 |
| Cost of revenue | 116,093 | 129,962 | 128,086 | 149,932 | 102,102 | 57,707 | 95,529 | 97,930 | 79,409 | 62,468 |
| Gross profit | 13,032 | 10,828 | 17,336 | 18,429 | — | — | — | — | — | — |
| Selling, general and administrative | 2,437 | 2,814 | 2,525 | 2,168 | — | — | — | — | — | — |
| Research and development | 6.0 | 15.0 | 27.0 | 42.0 | 47.0 | 48.0 | 54.0 | 55.0 | 60.0 | 60.0 |
| Operating income | 3,381 | 1,746 | 7,950 | 9,620 | — | — | — | — | — | — |
| EBIT | 6,506 | 3,622 | 10,395 | 15,281 | — | — | — | — | — | — |
| EBITDA | 9,757 | 5,985 | 12,372 | 16,910 | — | — | — | — | — | — |
| Interest expense | 1,086 | 947 | 926 | 642 | — | — | — | — | — | — |
| Pre-tax income | 5,420 | 2,675 | 9,469 | 14,639 | — | — | — | — | — | — |
| Income tax | 892 | 500 | 2,230 | 3,248 | 146 | -1,250 | 801 | 1,572 | -1,693 | 547 |
| Net income | 4,403 | 2,117 | 7,015 | 11,024 | 1,317 | -3,975 | 3,076 | 5,595 | 5,106 | 1,555 |
| Net income to common shareholders | 4,394 | 2,107 | 7,004 | 11,014 | — | — | — | — | — | — |
| Basic EPS | 10.82 | 5.01 | 15.56 | 23.36 | 2.97 | -9.06 | 6.80 | 11.87 | 9.90 | 2.94 |
| Diluted EPS | 10.79 | 4.99 | 15.48 | 23.27 | 2.97 | -9.06 | 6.77 | 11.80 | 9.85 | 2.92 |
| Average shares (basic) | 406 | 420 | 450 | 471 | — | — | — | — | — | — |
| Average shares (diluted) | 408 | 422 | 453 | 474 | 440 | 440 | 454 | 474 | 519 | 530 |