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Phillips 66 PSX M&S — Sales and other operating revenues

Other segment segments

Refining
$22.53B+41.9%
Midstream
$5.52B+1.2%
Renewable Fuels
$1.55B+2.5%
Chemicals
$0

Similar metrics at other companies

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DINOMarketing — Sales and other revenues (Note 3)
$792M+15.5%
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MPCRefining & Marketing — Sales and other operating revenues
$32.34B+9.6%
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DINOLubricants & Specialties — Sales and other revenues (Note 3)
$654M+2.5%
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DINOLubricants and specialty products — Sales and other revenues (Note 3)
$586M-1.8%
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ARMarketings — Revenue
$41.66M+63.0%
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CRCRevenue from marketing of purchased commodities — Other revenue
$41M-35.9%

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$68.86B+35.5%
P/E16.7×-10.7×
P/S0.5×+0.1×

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

Reported directly by Phillips 66 in its filing.

Tagged under the XBRL concept us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.

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 M&S — sales and other operating revenues?
Phillips 66 (PSX) reported M&S — sales and other operating revenues of $20.2B in Q1 2026.
How has Phillips 66's M&S — sales and other operating revenues changed year-over-year?
Phillips 66's M&S — sales and other operating revenues increased by 2.8% year-over-year, from $19.64B to $20.2B.
What is the long-term trend for Phillips 66's M&S — sales and other operating revenues?
Over 3 years (2022 to 2025), Phillips 66's M&S — sales and other operating revenues has grown at a -9.2% compound annual growth rate (CAGR), from $114.71B to $85.9B.
What does M&S — sales and other operating revenues mean?
This represents the total gross revenue generated from the sale of refined petroleum products, lubricants, and specialty chemicals within the Marketing & Specialties segment. It reflects the core top-line performance of the downstream marketing and distribution business unit. Changes in this metric indicate shifts in market demand, pricing power, and sales volume for finished products.