Phillips 66 operates as an energy manufacturing and logistics company. It operates through four segments: Midstream, Chemicals, Refining, and Marketing and Specialties (M&S). The Midstream segment transports crude oil and other feedstocks; delivers refined petroleum products to market; provides terminaling and storage services for crude oil and refined petroleum products; transports, stores, fractionates, exports, and markets natural gas liquids; provides other fee-based processing services; and gathers, processes, transports, and markets natural gas. The Chemicals segment produces and markets ethylene and other olefin products; aromatics and styrenics products, such as benzene, cyclohexane, styrene, and polystyrene; and various specialty chemical products, including organosulfur chemicals, solvents, catalysts, and chemicals used in drilling and mining. The Refining segment refines crude oil and other feedstocks into petroleum products, such as gasolines, distillates, aviation, and renewable fuels at 12 refineries in the United States and Europe. The M&S segment purchases for resale and markets refined petroleum products, including gasolines, distillates, and aviation fuels primarily in the United States and Europe. This segment also manufactures and markets specialty products, such as base oils and lubricants. The company was founded in 1875 and is headquartered in Houston, Texas.

Phillips 66

Sales and Other Operating Revenues

Sales and Other Operating Revenues %Chg

Sales and Other Operating Revenues Common Size

Equity in Earnings of Affiliates

Equity in Earnings of Affiliates %Chg

Equity in Earnings of Affiliates Common Size

Net Gain on Dispositions

Net Gain on Dispositions %Chg

Net Gain on Dispositions Common Size

Other Income

Other Income %Chg

Other Income Common Size

Total Revenues and Other Income

Total Revenues and Other Income %Chg

Total Revenues and Other Income Common Size

Purchased Crude Oil and Products

Purchased Crude Oil and Products %Chg

Purchased Crude Oil and Products Common Size

Operating Expenses

Operating Expenses %Chg

Operating Expenses Common Size

Selling, General and Administrative Expenses

Selling, General and Administrative Expenses %Chg

Selling, General and Administrative Expenses Common Size

Depreciation and Amortization

Depreciation and Amortization %Chg

Depreciation and Amortization Common Size

Impairments

Impairments %Chg

Impairments Common Size

Taxes Other Than Income Taxes

Taxes Other Than Income Taxes %Chg

Taxes Other Than Income Taxes Common Size

Accretion on Discounted Liabilities

Accretion on Discounted Liabilities %Chg

Accretion on Discounted Liabilities Common Size

Interest and Debt Expense

Interest and Debt Expense %Chg

Interest and Debt Expense Common Size

Foreign Currency Transaction Losses

Foreign Currency Transaction Losses %Chg

Foreign Currency Transaction Losses Common Size

Total Costs and Expenses

Total Costs and Expenses %Chg

Total Costs and Expenses Common Size

Income Before Income Taxes

Income Before Income Taxes %Chg

Income Before Income Taxes Common Size

Income Tax Expense

Income Tax Expense %Chg

Income Tax Expense Common Size

Net Income

Net Income %Chg

Net Income Common Size

Less: Net Income Attributable to Noncontrolling Interests

Less: Net Income Attributable to Noncontrolling Interests %Chg

Less: Net Income Attributable to Noncontrolling Interests Common Size

Net Income Attributable to Phillips 66

Net Income Attributable to Phillips 66 %Chg

Net Income Attributable to Phillips 66 Common Size

Basic

Basic %Chg

Basic Common Size

Diluted

Diluted %Chg

Diluted Common Size

Dividends Paid per Share of Common Stock

Dividends Paid per Share of Common Stock %Chg

Dividends Paid per Share of Common Stock Common Size

Total Revenues

Total Revenues %Chg

Total Revenues Common Size

Cost of Sales

Cost of Sales %Chg

Cost of Sales Common Size

Gross Profit

Gross Profit %Chg

Gross Profit Common Size

Gross Profit Margin

Gross Profit Margin %Chg

Gross Profit Margin Common Size

Selling, General & Administrative Expenses

Selling, General & Administrative Expenses %Chg

Selling, General & Administrative Expenses Common Size

Depreciation & Amortization Expenses

Depreciation & Amortization Expenses %Chg

Depreciation & Amortization Expenses Common Size

Other Operating Expenses

Other Operating Expenses %Chg

Other Operating Expenses Common Size

Operating Profit

Operating Profit %Chg

Operating Profit Common Size

Operating Margin

Operating Margin %Chg

Operating Margin Common Size

Interest and Investment Income

Interest and Investment Income %Chg

Interest and Investment Income Common Size

Interest Expense

Interest Expense %Chg

Interest Expense Common Size

Non-Operating Income

Non-Operating Income %Chg

Non-Operating Income Common Size

Total Non-Operating Income

Total Non-Operating Income %Chg

Total Non-Operating Income Common Size

Income Before Provision for Income Taxes

Income Before Provision for Income Taxes %Chg

Income Before Provision for Income Taxes Common Size

Provision for Income Taxes

Provision for Income Taxes %Chg

Provision for Income Taxes Common Size

Consolidated Net Income

Consolidated Net Income %Chg

Consolidated Net Income Common Size

Net Income Attributable to Minority Interests and Other

Net Income Attributable to Minority Interests and Other %Chg

Net Income Attributable to Minority Interests and Other Common Size

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Adjusted Net Income

Net Revenue

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Income Statement	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24
Total Revenues	34,515	33,323	30,430	33,685	35,528	38,129
Total Revenues %Chg	-2.9%	-12.6%	-15%	-12%	-10.4%	8.7%
Sales and Other Operating Revenues
Cost of Sales	30,219	29,077	27,660	30,754	32,194	34,628
Purchased Crude Oil and Products
Gross Profit	4,296	4,246	2,770	2,931	3,334	3,501
Gross Profit Margin	12.4%	12.7%	9.1%	8.7%	9.4%	9.2%
Selling, General & Administrative Expenses	792	582	519	511	1,194	552
Selling, General and Administrative Expenses
Depreciation & Amortization Expenses	826	816	791	819	543	497
Depreciation and Amortization
Other Operating Expenses	2,676	1,672	1,893	1,693	1,589	1,691
Operating Expenses
Impairments
Taxes Other Than Income Taxes
Accretion on Discounted Liabilities
Operating Profit	2	1,176	-433	-92	8	761
Operating Margin	0%	3.5%	-1.4%	-0.3%	0%	2%
Interest and Investment Income	337	153	153	215	549	487
Equity in Earnings of Affiliates
Interest Expense	-259	-264	-221	-220	-229	-231
Interest and Debt Expense
Non-Operating Income	119	55	1,149	84	85	294
Net Gain on Dispositions
Other Income
Foreign Currency Transaction Losses
Total Non-Operating Income	197	-56	1,081	79	405	550
Income Before Provision for Income Taxes	199	1,120	648	-13	413	1,311
Income Before Income Taxes
Provision for Income Taxes	32	212	122	-38	44	291
Income Tax Expense
Consolidated Net Income	167	908	526	25	369	1,020
Net Income
Net Income Attributable to Minority Interests and Other	34	31	39	17	23	5
Less: Net Income Attributable to Noncontrolling Interests
Net Income Attributable to Common Shareholders	133	877	487	8	346	1,015
Net Income Attributable to Phillips 66
Basic EPS	0.3	2.2	1.2	0	0.8	2.4
Diluted EPS	0.3	2.2	1.2	0	0.8	2.4
Basic Weighted Average Shares Outstanding	404.5	406.8	409.2	411.7	417.3	422.9
Total Shares Outstanding	402.9	404.1	407.6	408.4	413	418.6
Diluted Weighted Average Shares Outstanding	405.5	407.9	410.5	413	418.8	425.7
EBITDA	2	1,992	358	727	551	1,258
Effective Tax Rate	16.1%	18.9%	18.8%	292.3%	10.7%	22.2%