# Phillips 66: overview

PSX · NYSE · CIK 1534701 · [Energy](/sectors/energy.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/psx.md) · [Financials](/companies/psx/financials.md) · [Filings](/companies/psx/filings.md) · [Insiders](/companies/psx/insiders.md)

Latest reported revenue: [$51.00bn](/filings/0001534701-26-000032.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 5, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001534701-26-000032).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [35.5](/filings/0001534701-25-000155.md) | [33.7 d](/filings/0001534701-26-000006.md) | [30.4](/filings/0001534701-26-000022.md) | [33.3](/filings/0001534701-26-000032.md) | [34.5](/filings/0001534701-25-000155.md) | [34.1 d](/filings/0001534701-26-000006.md) | [32.5](/filings/0001534701-26-000022.md) | [51.0](/filings/0001534701-26-000032.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [1.0%](/filings/0001534701-25-000155.md) | [0.0% d](/filings/0001534701-26-000006.md) | [1.6%](/filings/0001534701-26-000022.md) | [2.6%](/filings/0001534701-26-000032.md) | [0.4%](/filings/0001534701-25-000155.md) | [8.5% d](/filings/0001534701-26-000006.md) | [0.6%](/filings/0001534701-26-000022.md) | [7.5%](/filings/0001534701-26-000032.md) |
| Diluted EPS | $ per share | [0.82](/filings/0001534701-25-000155.md) | not reported | [1.18](/filings/0001534701-26-000022.md) | [2.15](/filings/0001534701-26-000032.md) | [0.32](/filings/0001534701-25-000155.md) | not reported | [0.51](/filings/0001534701-26-000022.md) | [9.55](/filings/0001534701-26-000032.md) |
| Free cash flow | $bn | not reported | not reported | not reported | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $bn | [111](/filings/0001534701-24-000078.md) | [170](/filings/0001534701-25-000074.md) | [147](/filings/0001534701-26-000006.md) | [143](/filings/0001534701-26-000006.md) | [132](/filings/0001534701-26-000006.md) |
| Gross margin | % | not reported | not reported | not reported | not reported | not reported |
| Operating margin | % | not reported | not reported | not reported | not reported | not reported |
| Net margin | % | [1.2%](/filings/0001534701-24-000078.md) | [6.5%](/filings/0001534701-25-000074.md) | [4.8%](/filings/0001534701-26-000006.md) | [1.5%](/filings/0001534701-26-000006.md) | [3.3%](/filings/0001534701-26-000006.md) |
| Diluted EPS | $ per share | [2.97](/filings/0001534701-24-000078.md) | [23.27](/filings/0001534701-25-000074.md) | [15.48](/filings/0001534701-26-000006.md) | [4.99](/filings/0001534701-26-000006.md) | [10.79](/filings/0001534701-26-000006.md) |
| Free cash flow | $bn | not reported | not reported | not reported | not reported | not reported |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/psx/insiders.md)

| Date | Insider | Role | Transaction | Shares | Reported price | Value | Filing |
| --- | --- | --- | --- | ---: | ---: | ---: | --- |
| 2016-09-15 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 17,910 | $77.5225 | $1.4m | [Form 4](/filings/0001209191-16-142089.md) |
| 2016-09-14 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 562,417 | $77.0824 | $43.4m | [Form 4](/filings/0001209191-16-141480.md) |
| 2016-09-13 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 426,477 | $77.3673 | $33.0m | [Form 4](/filings/0001209191-16-141480.md) |
| 2016-09-12 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 31,080 | $77.3906 | $2.4m | [Form 4](/filings/0001209191-16-141480.md) |
| 2016-09-01 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 82,361 | $77.8617 | $6.4m | [Form 4](/filings/0001209191-16-140299.md) |
| 2016-08-25 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 83,466 | $78.2878 | $6.5m | [Form 4](/filings/0001209191-16-139047.md) |
| 2016-08-24 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 198,196 | $77.6179 | $15.4m | [Form 4](/filings/0001209191-16-138549.md) |
| 2016-08-23 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 2,590 | $78.1574 | $202.4k | [Form 4](/filings/0001209191-16-138549.md) |
| 2016-08-23 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 213,279 | $77.8289 | $16.6m | [Form 4](/filings/0001209191-16-138549.md) |
| 2016-08-22 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 290,116 | $77.0387 | $22.4m | [Form 4](/filings/0001209191-16-138549.md) |
| 2016-06-13 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 63,931 | $79.7462 | $5.1m | [Form 4](/filings/0001209191-16-127872.md) |
| 2016-06-13 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 353,222 | $79.1319 | $28.0m | [Form 4](/filings/0001209191-16-127872.md) |
| 2016-06-10 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 339,627 | $80.0437 | $27.2m | [Form 4](/filings/0001209191-16-127872.md) |
| 2016-06-07 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 7,510 | $80.7135 | $606.2k | [Form 4](/filings/0001209191-16-126374.md) |
| 2016-06-06 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 180,486 | $80.5919 | $14.5m | [Form 4](/filings/0001209191-16-126374.md) |
| 2016-06-03 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 281,608 | $79.9059 | $22.5m | [Form 4](/filings/0001209191-16-126374.md) |
| 2016-06-01 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 129,460 | $79.7444 | $10.3m | [Form 4](/filings/0001209191-16-124866.md) |
| 2016-05-31 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 362,792 | $80.1445 | $29.1m | [Form 4](/filings/0001209191-16-124866.md) |
| 2016-05-27 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 45,716 | $80.1583 | $3.7m | [Form 4](/filings/0001209191-16-124866.md) |
| 2016-05-26 | [Berkshire Hathaway Inc](/insiders/1067983.md) | 10% owner | Purchase (P) | 368,021 | $79.7626 | $29.4m | [Form 4](/filings/0001209191-16-123807.md) |

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [BlackRock, Inc.](/funds/2012383.md) | 2026-06-30 | $5.77bn | 34,112,861 |  | Added +2,088,264 |
| [VANGUARD CAPITAL MANAGEMENT LLC](/funds/2100119.md) | 2026-06-30 | $4.43bn | 26,183,335 |  | Added +75,351 |
| [STATE STREET CORP](/funds/93751.md) | 2026-06-30 | $4.40bn | 26,044,694 |  | Added +271,841 |
| [VANGUARD PORTFOLIO MANAGEMENT LLC](/funds/2100121.md) | 2026-06-30 | $3.76bn | 22,214,319 |  | Added +113,627 |
| [Elliott Investment Management L.P.](/funds/1791786.md) | 2026-06-30 | $3.25bn | 19,251,000 |  | Unchanged |
| [WELLS FARGO & COMPANY/MN](/funds/72971.md) | 2026-06-30 | $2.11bn | 12,479,393 |  | Reduced −1,308,614 |
| [GEODE CAPITAL MANAGEMENT, LLC](/funds/1214717.md) | 2026-06-30 | $1.87bn | 11,122,010 |  | Added +463,835 |
| [MORGAN STANLEY](/funds/895421.md) | 2026-06-30 | $1.22bn | 7,206,592 |  | Added +106,463 |
| [Bank of New York Mellon Corp](/funds/1390777.md) | 2026-06-30 | $1.09bn | 6,466,764 |  | Reduced −412,449 |
| [GOLDMAN SACHS GROUP INC](/funds/886982.md) | 2026-06-30 | $948.9m | 5,613,271 |  | Reduced −110,620 |

## Recent filings

[All 1,237 filings](/companies/psx/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-10-28 | 06:47 ET | [8-K](/filings/0001534701-26-000035.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001534701-26-000035 |
| 2026-10-05 | 08:30 ET | [8-K](/filings/0001193125-26-413219.md) | 5.02 Departure or appointment of officers or directors | 0001193125-26-413219 |
| 2026-08-21 | 16:58 ET | [8-K](/filings/0001193125-26-361266.md) | 1.01 Entry into a material agreement; 2.03 New direct financial obligation; 9.01 Financial statements and exhibits | 0001193125-26-361266 |
| 2026-08-05 | 16:43 ET | [10-Q](/filings/0001534701-26-000032.md) | Quarterly report, period 2026-06-30 | 0001534701-26-000032 |
| 2026-08-05 | 10:03 ET | [8-K](/filings/0001534701-26-000030.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001534701-26-000030 |
| 2026-05-14 | 16:47 ET | [8-K](/filings/0001193125-26-224232.md) | 5.07 Shareholder vote results | 0001193125-26-224232 |
| 2026-04-29 | 14:02 ET | [10-Q](/filings/0001534701-26-000022.md) | Quarterly report, period 2026-03-31 | 0001534701-26-000022 |
| 2026-04-29 | 09:36 ET | [8-K](/filings/0001534701-26-000020.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001534701-26-000020 |
| 2026-04-06 | 16:15 ET | [8-K](/filings/0001534701-26-000015.md) | 2.02 Results of operations; 9.01 Financial statements and exhibits | 0001534701-26-000015 |
| 2026-04-03 | 15:14 ET | [SCHEDULE 13D](/filings/0001652795-26-000005.md) | Ownership report, active investor | 0001652795-26-000005 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001534701-26-000006.md), filed Feb 20, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, locked when the 8-K was accepted. It is scored when the 10-Q or 10-K is ingested. [See the target](/leagues/2026q3/targets/c4464d2e-590e-4925-bc33-6209761635d5)

## About the filer

- CIK: 1534701
- Tickers: PSX
- Exchange: NYSE
- SIC code: 2911 Petroleum Refining
- State of incorporation: DE
- Filer category: Large accelerated filer

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 28, 2026, 06:48 ET. No prices; not investment advice.