(PSX) Phillips 66 - Overview

Sector: Energy | Industry: Oil & Gas Refining & Marketing | Exchange: NYSE (USA) | Market Cap: 67.365m USD | Total Return: 70.2% in 12m

Gasoline, Diesel, Jet, Chemicals, Lubricants
Total Rating 59
Safety 73
Buy Signal 0.07
Oil & Gas Refining & Marketing
Industry Rotation: -33.3
Market Cap: 67.4B
Avg Turnover: 629M USD
ATR: 4.11%
Peers RS (IBD): 30.6
Risk 5d forecast
Volatility33.1%
Rel. Tail Risk-8.59%
Reward TTM
Sharpe Ratio1.53
Alpha38.77
Character TTM
Beta1.017
Beta Downside1.464
Drawdowns 3y
Max DD44.37%
CAGR/Max DD0.42
EPS (Earnings per Share) EPS (Earnings per Share) of PSX over the last years for every Quarter: "2021-03": -1.16, "2021-06": 0.74, "2021-09": 3.18, "2021-12": 2.94, "2022-03": 1.32, "2022-06": 6.77, "2022-09": 6.46, "2022-12": 4, "2023-03": 4.21, "2023-06": 3.87, "2023-09": 4.63, "2023-12": 3.09, "2024-03": 1.9, "2024-06": 2.31, "2024-09": 2.04, "2024-12": -0.15, "2025-03": -0.9, "2025-06": 2.38, "2025-09": 2.52, "2025-12": 2.47,
EPS CAGR: 18.19%
EPS Trend: -48.2%
Last SUE: 0.96
Qual. Beats: 1
Revenue Revenue of PSX over the last years for every Quarter: 2021-03: 21750, 2021-06: 27195, 2021-09: 30457, 2021-12: 32542, 2022-03: 36599, 2022-06: 48712, 2022-09: 44523, 2022-12: 40284, 2023-03: 34346, 2023-06: 34880, 2023-09: 39982, 2023-12: 38054, 2024-03: 36013, 2024-06: 38100, 2024-09: 35291, 2024-12: 33714, 2025-03: 30495, 2025-06: 33174, 2025-09: 34505, 2025-12: 34015,
Rev. CAGR: -1.93%
Rev. Trend: -69.3%
Last SUE: 0.26
Qual. Beats: 0

Warnings

No concerns identified

Tailwinds

No distinct edge detected

Description: PSX Phillips 66

Phillips 66 (PSX) is an integrated downstream energy company operating in the U.S., U.K., Germany and other markets. It runs five business units-Midstream, Chemicals, Refining, Marketing & Specialties (M&S), and Renewable Fuels-delivering everything from crude transportation and storage to petrochemicals, gasoline, specialty lubricants and sustainable aviation fuel.

In its latest quarter (Q4 2023), Phillips 66 posted adjusted earnings of $1.02 per share on a net income of $1.5 billion, driven by a refining margin of $15.8 per barrel and chemicals segment EBITDA of $1.2 billion. The Renewable Fuels unit now processes roughly 300,000 bpd of renewable feedstock, positioning the company to benefit from the growing U.S. Renewable Fuel Standard and rising demand for sustainable jet fuel.

Key sector drivers include a tightening crack spread as crude prices stay elevated, a 3 % year-over-year rise in U.S. gasoline consumption, and higher renewable credit prices (≈$1.30 per gallon) that boost margins on renewable diesel and jet fuel. For a deeper quantitative view, you might explore ValueRay’s analytics.

Headlines to Watch Out For
  • Refining margins directly impact profitability
  • Midstream segment growth boosts infrastructure revenue
  • Petrochemical product demand influences chemical earnings
  • Renewable fuels expansion diversifies revenue streams
  • Crude oil prices affect feedstock costs
Piotroski VR‑10 (Strict) 4.5
Net Income: 4.40b TTM > 0 and > 6% of Revenue
FCF/TA: 0.04 > 0.02 and ΔFCF/TA 0.49 > 1.0
NWC/Revenue: 2.98% < 20% (prev 1.97%; Δ 1.01% < -1%)
CFO/TA 0.07 > 3% & CFO 4.96b > Net Income 4.40b
Net Debt (21.77b) to EBITDA (9.74b): 2.23 < 3
Current Ratio: 1.30 > 1.5 & < 3
Outstanding Shares: last quarter (405.1m) vs 12m ago -3.26% < -2%
Gross Margin: 4.94% > 18% (prev 0.03%; Δ 490.2% > 0.5%)
Asset Turnover: 180.8% > 50% (prev 197.2%; Δ -16.42% > 0%)
Interest Coverage Ratio: 6.22 > 6 (EBITDA TTM 9.74b / Interest Expense TTM 1.04b)
Altman Z'' 3.22
A: 0.05 (Total Current Assets 17.27b - Total Current Liabilities 13.33b) / Total Assets 73.68b
B: 0.45 (Retained Earnings 33.24b / Total Assets 73.68b)
C: 0.09 (EBIT TTM 6.46b / Avg Total Assets 73.13b)
D: 0.76 (Book Value of Equity 33.08b / Total Liabilities 43.44b)
Altman-Z'' Score: 3.22 = A
Beneish M -3.48
DSRI: 0.96 (Receivables 9.77b/11.03b, Revenue 132.19b/143.12b)
GMI: 0.69 (GM 4.94% / 3.40%)
AQI: 0.88 (AQ_t 0.23 / AQ_t-1 0.27)
SGI: 0.92 (Revenue 132.19b / 143.12b)
TATA: -0.01 (NI 4.40b - CFO 4.96b) / TA 73.68b)
Beneish M-Score: -3.48 (Cap -4..+1) = AA
What is the price of PSX shares? As of April 12, 2026, the stock is trading at USD 159.25 with a total of 2,924,620 shares traded.
Over the past week, the price has changed by -10.20%, over one month by -2.00%, over three months by +15.64% and over the past year by +70.22%.
Is PSX a buy, sell or hold? Phillips 66 has received a consensus analysts rating of 4.05. Therefore, it is recommended to buy PSX.
  • StrongBuy: 8
  • Buy: 5
  • Hold: 5
  • Sell: 1
  • StrongSell: 0
What are the forecasts/targets for the PSX price?
Analysts Target Price 175.4 10.1%
Phillips 66 (PSX) - Fundamental Data Overview as of 10 April 2026
P/E Trailing = 15.5556
P/E Forward = 11.4416
P/S = 0.5089
P/B = 2.4079
P/EG = 1.0458
Revenue TTM = 132.19b USD
EBIT TTM = 6.46b USD
EBITDA TTM = 9.74b USD
Long Term Debt = 18.68b USD (from longTermDebt, last quarter)
Short Term Debt = 1.61b USD (from shortTermDebt, last quarter)
Debt = 22.88b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 21.77b USD (from netDebt column, last quarter)
Enterprise Value = 89.13b USD (67.37b + Debt 22.88b - CCE 1.12b)
Interest Coverage Ratio = 6.22 (Ebit TTM 6.46b / Interest Expense TTM 1.04b)
EV/FCF = 32.66x (Enterprise Value 89.13b / FCF TTM 2.73b)
FCF Yield = 3.06% (FCF TTM 2.73b / Enterprise Value 89.13b)
FCF Margin = 2.06% (FCF TTM 2.73b / Revenue TTM 132.19b)
Net Margin = 3.33% (Net Income TTM 4.40b / Revenue TTM 132.19b)
Gross Margin = 4.94% ((Revenue TTM 132.19b - Cost of Revenue TTM 125.66b) / Revenue TTM)
Gross Margin QoQ = 6.29% (prev 5.55%)
Tobins Q-Ratio = 1.21 (Enterprise Value 89.13b / Total Assets 73.68b)
Interest Expense / Debt = 1.29% (Interest Expense 295.0m / Debt 22.88b)
Taxrate = 15.23% (526.0m / 3.45b)
NOPAT = 5.48b (EBIT 6.46b * (1 - 15.23%))
Current Ratio = 1.30 (Total Current Assets 17.27b / Total Current Liabilities 13.33b)
Debt / Equity = 0.79 (Debt 22.88b / totalStockholderEquity, last quarter 29.09b)
Debt / EBITDA = 2.23 (Net Debt 21.77b / EBITDA 9.74b)
Debt / FCF = 7.98 (Net Debt 21.77b / FCF TTM 2.73b)
Total Stockholder Equity = 27.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.02% (Net Income 4.40b / Total Assets 73.68b)
RoE = 15.90% (Net Income TTM 4.40b / Total Stockholder Equity 27.69b)
RoCE = 13.93% (EBIT 6.46b / Capital Employed (Equity 27.69b + L.T.Debt 18.68b))
RoIC = 11.41% (NOPAT 5.48b / Invested Capital 48.00b)
WACC = 7.41% (E(67.37b)/V(90.25b) * Re(9.56%) + D(22.88b)/V(90.25b) * Rd(1.29%) * (1-Tc(0.15)))
Discount Rate = 9.56% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -4.11%
[DCF] Terminal Value 73.48% ; FCFF base≈2.57b ; Y1≈1.69b ; Y5≈771.7m
 [DCF] Fair Price = N/A (negative equity: EV 17.14b - Net Debt 21.77b = -4.62b; debt exceeds intrinsic value)
 EPS Correlation: -48.23 | EPS CAGR: 18.19% | SUE: 0.96 | # QB: 1
Revenue Correlation: -69.29 | Revenue CAGR: -1.93% | SUE: 0.26 | # QB: 0
EPS next Quarter (2026-06-30): EPS=4.59 | Chg7d=+0.349 | Chg30d=+1.121 | Revisions Net=+8 | Analysts=18
EPS current Year (2026-12-31): EPS=14.00 | Chg7d=+0.534 | Chg30d=+2.658 | Revisions Net=+10 | Growth EPS=+117.4% | Growth Revenue=+7.6%
EPS next Year (2027-12-31): EPS=14.70 | Chg7d=+0.687 | Chg30d=+1.993 | Revisions Net=+10 | Growth EPS=+5.0% | Growth Revenue=-2.8%
[Analyst] Revisions Ratio: +0.80 (9 Up / 1 Down within 30d for Next Quarter)
[Growth] Implied Growth Rate = 3.1% (Discount Rate 9.6% - Earnings Yield 6.4%)
[Growth] Growth Spread = +13.6% (Analyst 16.8% - Implied 3.1%)
External Resources
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