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Phillips 66 PSX Price / earnings

Price / earnings at other companies

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SouthStateSSB
0.1×-2.1×
PEA
PEAKPEAK
PEA
PEAKPEAK
PEA
PEAKPEAK
PEA
PEAKPEAK
PEA
PEAKPEAK

Other financials

Income statement

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Revenue$32.5B+6.9%
Gross profit$3.3B+20.0%
Net income$207.0M-57.5%
EPS (diluted)$0.51-56.8%

Balance sheet

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Cash & equivalents$5.2B+246%
Total debt$21.7B+0.7%
Total equity$28.5B+4.6%
Total assets$84.1B+17.0%

Cash flow

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Operating cash flow-$2.3B-1,311%

Valuation

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Market cap$66.61B+45.0%
P/S0.5×+0.2×

Profitability

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Gross margin12.5%+3.4pp
Net margin3.1%+1.7pp

Returns & leverage

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Return on equity14.8%+8.3pp
Debt / equity0.7×0.0×
Current ratio1.1×-0.1×

Where this comes from

Calculated from Phillips 66’s reported figures.

Based on the most recent quarter.

The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Phillips 66's price / earnings?
Phillips 66 (PSX) reported price / earnings of 17.7× in Q1 2026.
How has Phillips 66's price / earnings changed year-over-year?
Phillips 66's price / earnings decreased by 34.7% year-over-year, from 27.1× to 17.7×.
What is the long-term trend for Phillips 66's price / earnings?
Over 4 years (2021 to 2025), Phillips 66's price / earnings has grown at a -16.9% compound annual growth rate (CAGR), from 24.7× to 11.8×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.