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Phillips 66 PSX Ratios & Valuation

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Profitability
Gross margin13.1%+3.1pp12.5%+3.4pp12.3%+3.1pp10.8%+0.9pp10%-1.0pp
Net margin4.7%+3.4pp3.1%+1.7pp3.3%+1.8pp1.1%-1.1pp1.3%-2.1pp
Returns
Return on equity24%+18.0pp14.8%+8.3pp15.6%+8.3pp5.4%-5.9pp6%-11.2pp
Efficiency
Asset turnover1.9×+0.2×1.7×-0.1×1.8×-0.1×1.7×-0.2×1.8×-0.3×
Liquidity
Current ratio1.3×+0.2×1.1×-0.1×1.3×+0.1×1.2×0.0×1.1×-0.1×
Leverage
Debt-to-equity0.7×0.8×0.0×
Per Share
Book value per share$78.25+16.1%$70.74+6.5%$71.30+9.7%$66.37-3.2%$67.39-2.6%
Valuation
Market capitalization$81.21B+67.7%$73.01B+45.0%$51.99B+10.5%$54.97B-1.1%$48.67B-19.6%
Price / earnings11.5×-16.7×17.7×-9.4×11.8×-10.4×36.5×+20.0×28.3×+16.5×
Price / sales0.5×+0.2×0.5×+0.2×0.4×+0.1×0.4×0.0×0.4×0.0×
Price / book2.6×+0.8×2.6×+0.7×1.8×+0.1×+0.1×1.8×-0.3×
Dividend yield2.4%-1.5pp2.7%-1.1pp3.7%-0.3pp3.5%+0.1pp3.9%+0.9pp

FAQ

Where do Phillips 66's ratios come from?
Every ratio is computed from Phillips 66's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.