Phillips 66 PSX Business Segments
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Sales and other operating revenues by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $86.46B+0.7% | $85.9B+1.0% | $85.05B-0.4% | $85.38B-4.6% | $89.49B-3.2% | |
| Midstream | $21.24B+0.3% | $21.18B+2.0% | $20.76B+3.2% | $20.11B+3.7% | $19.4B+3.3% | |
| Refining | $81.56B+8.9% | $74.9B+2.8% | $72.86B-2.2% | $74.53B-5.6% | $78.93B-7.1% | |
| Renewable Fuels | $6.22B+0.6% | $6.18B-2.1% | $6.31B+4.4% | $6.04B+1.9% | $5.93B+6.6% | |
| Revenues And Other Income by Business | ||||||
| Chemicals | $310M+0.3% | $309M-25.2% | $413M-28.3% | $576M-25.7% | $775M-10.2% | |
| M&S | $88.58B-0.5% | $88.98B+3.2% | $86.25B-0.5% | $86.64B-4.6% | $90.86B-2.1% | |
| Midstream | $21.66B0.0% | $21.66B+1.7% | $21.3B+2.9% | $20.7B+2.0% | $20.3B+3.3% | |
| Refining | $81.65B+9.1% | $74.86B+3.0% | $72.7B-2.2% | $74.32B-5.6% | $78.73B-7.4% | |
| Renewable Fuels | $6.48B+1.5% | $6.38B-0.6% | $6.42B+5.2% | $6.1B+2.5% | $5.95B+6.8% | |
| Total Assets by Business | ||||||
| Chemicals | $31.72B+0.3% | $31.62B+0.2% | $31.57B0.0% | $31.56B+0.7% | $31.34B+1.3% | |
| M&S | $44.95B+5.3% | $42.7B+0.6% | $42.44B— | —— | —— | |
| Midstream | $121.01B+2.5% | $118.08B+1.6% | $116.24B+1.6% | $114.44B+1.8% | $112.45B-1.3% | |
| Refining | $83.23B+3.6% | $80.33B-0.2% | $80.49B-2.4% | $82.46B-0.7% | $83.04B-6.1% | |
| Renewable Fuels | $12.44B+0.3% | $12.4B+0.4% | $12.35B-3.2% | $12.75B-1.8% | $12.99B— | |
| Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax by Business | ||||||
| Chemicals | $310M+0.3% | $309M-25.7% | $416M-28.5% | $582M-25.8% | $784M-10.5% | |
| M&S | $3.06B-32.1% | $4.5B+91.0% | $2.36B+13.1% | $2.08B+8.1% | $1.93B+90.6% | |
| Midstream | $2.66B-5.7% | $2.82B-1.2% | $2.85B+1.9% | $2.8B-1.3% | $2.84B+7.5% | |
| Renewable Fuels | -$236M+37.9% | -$380M— | —— | —— | —— | |
| Other income by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $72M+350% | $16M-5.9% | $17M-58.5% | $41M+5.1% | $39M-7.1% | |
| Refining | $63M+57.5% | $40M— | —— | —— | —— | |
| Renewable Fuels | $259M+27.0% | $204M— | —— | —— | —— | |
| Interest Income, Other by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $0— | $0— | $0— | $0— | $0— | |
| Midstream | $0— | $0— | $0— | $0— | $0— | |
| Refining | $0— | $0— | $0— | $0— | $0— | |
| Renewable Fuels | $0— | $0— | $0— | $0— | $0— | |
| Net gain on dispositions by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $1.91B-34.8% | $2.92B+189% | $1.01B+1.6% | $996M-8.1% | $1.08B+1,542% | |
| Midstream | -$5M-109% | $58M-19.4% | $72M-20.0% | $90M-72.9% | $332M+26.2% | |
| Refining | $3M0.0% | $3M0.0% | $3M+138% | -$8M0.0% | -$8M0.0% | |
| Renewable Fuels | $0— | $0— | $0— | $0— | $0— | |
| Other segment items by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $9M+50.0% | $6M— | —— | —— | —— | |
| Midstream | $7M0.0% | $7M-30.0% | $10M-9.1% | $11M-15.4% | $13M-13.3% | |
| Refining | $26M+189% | $9M+12.5% | $8M+233% | -$6M-146% | $13M-31.6% | |
| Gross PP&E by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| Marketing And Specialties Segment | $4.02B-21.6% | $5.13B-17.3% | $6.21B-15.0% | $7.3B-12.3% | $8.33B+1.7% | |
| Midstream | $117.69B+3.1% | $114.12B+3.0% | $110.75B+3.1% | $107.43B+2.5% | $104.76B+0.1% | |
| Refining | $94.6B+0.5% | $94.17B+4.1% | $90.48B+0.7% | $89.82B+1.2% | $88.77B-2.9% | |
| Renewable Fuels | $15.04B+0.4% | $14.98B+0.4% | $14.92B+0.3% | $14.87B+0.3% | $14.83B— | |
| Selling, General and Administrative Expense by Business | ||||||
| Chemicals | -$7M0.0% | -$7M0.0% | -$7M+12.5% | -$8M+20.0% | -$10M0.0% | |
| M&S | $1.56B-1.9% | $1.59B+1.0% | $1.58B-18.4% | $1.93B-0.4% | $1.94B+0.5% | |
| Midstream | $220M+1.4% | $217M+5.3% | $206M+3.0% | $200M+5.3% | $190M-10.8% | |
| Refining | $176M+3.5% | $170M-4.0% | $177M-10.2% | $197M-8.8% | $216M+3.8% | |
| Renewable Fuels | $69M+4.5% | $66M+6.5% | $62M+1.6% | $61M+5.2% | $58M+13.7% | |
| Taxes other than income taxes by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | -$8M-700% | -$1M-102% | $42M-16.0% | $50M-5.7% | $53M-10.2% | |
| Midstream | $275M+5.4% | $261M-1.1% | $264M+2.7% | $257M+10.3% | $233M+7.9% | |
| Refining | $353M-1.1% | $357M-7.5% | $386M-2.5% | $396M+5.3% | $376M-2.8% | |
| Renewable Fuels | $128M-3.0% | $132M+4,500% | -$3M+98.4% | -$186M+40.6% | -$313M+18.1% | |
| Interest and Debt Expense by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $0— | $0— | $0— | $0— | $0— | |
| Midstream | $0— | $0— | $0— | $0— | $0— | |
| Refining | $0— | $0— | $0— | $0— | $0— | |
| Renewable Fuels | $0— | $0— | $0— | $0— | $0— | |
| Net properties, plants and equipment by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| Marketing And Specialties Segment | $1.88B-16.0% | $2.24B-13.6% | $2.59B-12.4% | $2.95B-10.4% | $3.3B+0.5% | |
| Midstream | $95.15B+2.8% | $92.56B+2.7% | $90.14B+2.7% | $87.77B+2.9% | $85.27B-0.2% | |
| Refining | $43.69B+4.4% | $41.85B+5.0% | $39.86B-2.4% | $40.83B-1.2% | $41.32B-5.3% | |
| Renewable Fuels | $8.04B-0.4% | $8.07B-0.5% | $8.11B-0.5% | $8.15B-0.5% | $8.19B— | |
| Cost And Expenses by Business | ||||||
| Chemicals | $0— | $0+100% | -$3M+50.0% | -$6M+33.3% | -$9M+30.8% | |
| M&S | $85.52B+1.2% | $84.48B+0.7% | $83.89B-0.8% | $84.55B-4.9% | $88.93B-3.1% | |
| Midstream | $19B+0.9% | $18.84B+2.1% | $18.45B+3.1% | $17.9B+2.5% | $17.46B+2.6% | |
| Refining | $80.78B+7.5% | $75.14B+0.8% | $74.57B-1.6% | $75.78B-5.6% | $80.25B-6.0% | |
| Renewable Fuels | $6.71B-0.7% | $6.76B+0.1% | $6.75B+3.8% | $6.51B+3.6% | $6.28B+8.8% | |
| Equity in earnings of affiliates by Business | ||||||
| Chemicals | $310M+0.3% | $309M-25.2% | $413M-28.3% | $576M-25.7% | $775M-10.2% | |
| M&S | $145M-0.7% | $146M-12.6% | $167M-24.1% | $220M-11.3% | $248M-10.1% | |
| Midstream | $392M-1.8% | $399M-7.9% | $433M-8.6% | $474M-13.2% | $546M-7.6% | |
| Refining | $26M+133% | -$79M— | —— | —— | —— | |
| Renewable Fuels | $0+100% | -$1M— | —— | —— | —— | |
| Accum. D&A by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| Marketing And Specialties Segment | $2.15B-25.9% | $2.9B-20.0% | $3.62B-16.8% | $4.35B-13.6% | $5.03B+2.5% | |
| Midstream | $22.53B+4.5% | $21.56B+4.6% | $20.61B+4.9% | $19.66B+0.9% | $19.48B+1.8% | |
| Refining | $50.91B-2.7% | $52.32B+3.3% | $50.62B+3.3% | $48.99B+3.2% | $47.45B-0.8% | |
| Renewable Fuels | $7.01B+1.4% | $6.91B+1.4% | $6.82B+1.4% | $6.72B+1.4% | $6.63B— | |
| Purchased crude oil and products by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $83.79B+1.3% | $82.71B+0.8% | $82.04B-0.4% | $82.34B-5.0% | $86.7B-3.2% | |
| Midstream | $15.24B+0.1% | $15.22B+2.0% | $14.93B+3.5% | $14.43B+3.7% | $13.92B+3.6% | |
| Refining | $73.47B+8.4% | $67.77B+0.4% | $67.47B-3.4% | $69.81B-6.3% | $74.47B-6.7% | |
| Renewable Fuels | $6.06B-0.6% | $6.1B-2.2% | $6.23B+1.5% | $6.14B+1.5% | $6.05B+6.8% | |
| Other Cost and Expense, Operating by Business | ||||||
| Chemicals | $7M0.0% | $7M+75.0% | $4M+100% | $2M+100% | $1M+133% | |
| M&S | $74M+1.4% | $73M0.0% | $73M+1.4% | $72M+1.4% | $71M+2.9% | |
| Midstream | $2.1B+4.1% | $2.02B+1.3% | $2B+0.9% | $1.98B+4.2% | $1.9B+1.3% | |
| Refining | $4.22B+3.8% | $4.06B+6.8% | $3.8B-0.3% | $3.81B-0.9% | $3.85B+3.2% | |
| Renewable Fuels | $358M-1.9% | $365M-1.1% | $369M-4.2% | $385M-2.3% | $394M+6.5% | |
| Capital Expenditures and Investments by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $112M-5.1% | $118M+10.3% | $107M+8.1% | $99M+16.5% | $85M0.0% | |
| Midstream | $1.36B+10.3% | $1.23B+4.8% | $1.18B+17.5% | $1B+40.4% | $712M-5.2% | |
| Refining | $810M+4.4% | $776M+16.7% | $665M-0.2% | $666M+6.9% | $623M+7.0% | |
| Renewable Fuels | $57M+1.8% | $56M+9.8% | $51M+6.3% | $48M-71.3% | $167M-55.5% | |
| D&A by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $97M0.0% | $97M-37.0% | $154M-5.5% | $163M+0.6% | $162M-9.0% | |
| Midstream | $1.07B+4.0% | $1.03B+2.6% | $1B+4.7% | $959M+3.9% | $923M+0.4% | |
| Refining | $1.58B-13.2% | $1.82B+2.4% | $1.78B+13.7% | $1.56B+18.0% | $1.33B+23.0% | |
| Renewable Fuels | $95M0.0% | $95M+1.1% | $94M+2.2% | $92M+13.6% | $81M+26.6% | |
| Investments In and Advances to Affiliates by Business | ||||||
| Chemicals | $31.71B+0.4% | $31.59B+0.3% | $31.51B— | —— | —— | |
| M&S | $3.75B+24.4% | $3.01B+25.4% | $2.4B— | —— | —— | |
| Midstream | $8.65B-1.9% | $8.81B-9.9% | $9.77B— | —— | —— | |
| Refining | $3.78B-36.9% | $5.98B-27.9% | $8.3B— | —— | —— | |
| Renewable Fuels | $59M0.0% | $59M-1.7% | $60M— | —— | —— | |
| Impairments by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $1M0.0% | $1M-66.7% | $3M-25.0% | $4M+33.3% | $3M0.0% | |
| Midstream | $83M+5.1% | $79M+132% | $34M-45.2% | $62M-78.4% | $287M-17.1% | |
| Refining | $956M+0.1% | $955M-0.1% | $956M+19,020% | $5M+150% | $2M-98.1% | |
| Renewable Fuels | $2M— | $0— | $0— | $0— | $0— | |
| Sales and other operating revenues by Product | ||||||
| Crude oil resales | $16.41B+8.0% | $15.18B-6.5% | $16.24B-8.7% | $17.78B-9.0% | $19.53B-11.3% | |
| Natural gas liquids and natural gas | $17.1B+0.2% | $17.07B+1.5% | $16.82B+3.7% | $16.21B+3.1% | $15.72B+8.1% | |
| Refined petroleum products and renewable fuels | $99.99B+2.7% | $97.36B+1.2% | $96.22B-0.1% | $96.34B-3.9% | $100.2B-3.4% | |
| Services and other | $992M-64.2% | $2.77B+3.5% | $2.68B+1.3% | $2.64B+13.5% | $2.33B-20.2% | |
| Sales and other operating revenues by Geography | ||||||
| Germany | $4.48B-10.2% | $4.99B-2.7% | $5.13B+0.3% | $5.12B-1.2% | $5.18B-1.6% | |
| Other countries | $10.09B+1.8% | $9.92B-4.8% | $10.42B-4.8% | $10.94B-4.2% | $11.43B-1.3% | |
| United Kingdom | $14.02B+6.1% | $13.21B+5.9% | $12.48B+4.2% | $11.97B+1.5% | $11.79B-7.3% | |
| United States | $105.89B+1.6% | $104.26B+0.3% | $103.93B-1.0% | $104.94B-4.1% | $109.38B-3.7% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Phillips 66 break its business down?
- Phillips 66 (PSX) reports sales and other operating revenues by business across 5 parts — Chemicals, M&S, Midstream, Refining and Renewable Fuels. Each is extracted from the segment footnotes and tracked over time.
- Where does Phillips 66's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Phillips 66's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
