Phillips 66 PSX Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Sales and other operating revenues by Business | |||||
| Chemicals | $0— | $0— | $0— | $0-100% | |
| M&S | $85.9B-7.1% | $92.45B-6.6% | $98.93B-13.8% | $114.71B— | |
| Midstream | $21.18B+12.7% | $18.79B+1.0% | $18.6B-2.7% | $19.12B+63.2% | |
| Refining | $74.9B-11.8% | $84.96B-8.7% | $93.02B-15.5% | $110.04B+46.5% | |
| Renewable Fuels | $6.18B+11.1% | $5.56B+12.5% | $4.95B+43.9% | $3.44B— | |
| Revenues And Other Income by Business | |||||
| Chemicals | $309M-64.2% | $863M+47.3% | $586M-30.4% | $842M— | |
| M&S | $88.98B-4.1% | $92.83B-6.5% | $99.27B-13.8% | $115.21B— | |
| Midstream | $21.66B+10.2% | $19.65B+1.4% | $19.39B-15.9% | $23.04B— | |
| Refining | $74.86B-11.9% | $85.01B-8.3% | $92.74B-16.3% | $110.83B— | |
| Renewable Fuels | $6.38B+14.5% | $5.57B+12.5% | $4.95B+44.1% | $3.44B— | |
| Total Assets by Business | |||||
| Chemicals | $31.62B+2.2% | $30.93B+7.5% | $28.77B+8.1% | $26.61B+4.4% | |
| M&S | $42.7B— | —— | —— | —— | |
| Midstream | $118.08B+3.6% | $113.98B-2.8% | $117.22B+25.1% | $93.69B+50.9% | |
| Refining | $80.33B-9.2% | $88.43B-2.4% | $90.63B+1.6% | $89.22B+4.7% | |
| Renewable Fuels | $12.4B— | —— | —— | —— | |
| Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax by Business | |||||
| Chemicals | $309M-64.7% | $876M+46.0% | $600M-29.9% | $856M-53.6% | |
| M&S | $4.5B+345% | $1.01B-46.7% | $1.9B-8.4% | $2.07B— | |
| Midstream | $2.82B+6.8% | $2.64B-6.0% | $2.81B-45.8% | $5.18B+245% | |
| Renewable Fuels | -$380M— | —— | —— | $171M— | |
| Other income by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| M&S | $16M-61.9% | $42M+482% | -$11M-131% | $35M— | |
| Refining | $40M— | —— | $86M+100% | $43M— | |
| Renewable Fuels | $204M— | —— | $8M+300% | -$4M— | |
| Interest Income, Other by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| M&S | $0— | $0— | $0— | $0— | |
| Midstream | $0— | $0— | $0— | $0— | |
| Refining | $0— | $0— | $0— | $0— | |
| Renewable Fuels | $0— | $0— | $0— | $0— | |
| Net gain on dispositions by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| M&S | $2.92B+4,329% | $66M+2,100% | $3M— | $0— | |
| Midstream | $58M-77.9% | $263M+102% | $130M+13,100% | -$1M— | |
| Refining | $3M+138% | -$8M+38.5% | -$13M-1,400% | $1M— | |
| Renewable Fuels | $0— | $0+100% | -$3M— | $0— | |
| Other segment items by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| M&S | $6M— | —— | $5M— | $0— | |
| Midstream | $7M-53.3% | $15M+650% | $2M+100% | $1M— | |
| Refining | $9M-52.6% | $19M-45.7% | $35M+338% | $8M— | |
| Gross PP&E by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| Marketing And Specialties Segment | $5.13B-37.3% | $8.19B+8.2% | $7.57B+8.0% | $7.01B-2.6% | |
| Midstream | $114.12B+9.1% | $104.62B+1.2% | $103.39B+33.4% | $77.53B+58.3% | |
| Refining | $94.17B+3.0% | $91.44B-5.6% | $96.9B+2.3% | $94.69B-5.4% | |
| Renewable Fuels | $14.98B— | —— | —— | —— | |
| Selling, General and Administrative Expense by Business | |||||
| Chemicals | -$7M+30.0% | -$10M+9.1% | -$11M-120% | -$5M— | |
| M&S | $1.59B-17.6% | $1.93B+44.6% | $1.34B+2.5% | $1.3B— | |
| Midstream | $217M+1.9% | $213M-51.7% | $441M+72.9% | $255M— | |
| Refining | $170M-18.3% | $208M+23.1% | $169M+11.9% | $151M— | |
| Renewable Fuels | $66M+29.4% | $51M+538% | $8M+60.0% | $5M— | |
| Adjustments by Business | |||||
| Marketing and Specialties | -$1M— | —— | —— | —— | |
| Midstream | $0— | —— | —— | —— | |
| Taxes other than income taxes by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| M&S | -$1M-102% | $59M+47.5% | $40M+5.3% | $38M— | |
| Midstream | $261M+20.8% | $216M-5.7% | $229M+56.8% | $146M— | |
| Refining | $357M-7.8% | $387M+1.3% | $382M+34.0% | $285M— | |
| Renewable Fuels | $132M+135% | -$382M-3,283% | $12M+500% | $2M— | |
| Interest and Debt Expense by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| M&S | $0— | $0— | $0— | $0— | |
| Midstream | $0— | $0— | $0— | $0— | |
| Refining | $0— | $0— | $0— | $0— | |
| Renewable Fuels | $0— | $0— | $0— | $0— | |
| Net properties, plants and equipment by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| Marketing And Specialties Segment | $2.24B-31.9% | $3.28B+6.4% | $3.08B+5.4% | $2.93B-6.1% | |
| Midstream | $92.56B+8.3% | $85.48B-1.9% | $87.16B+38.0% | $63.18B+69.3% | |
| Refining | $41.85B-4.1% | $43.63B-6.5% | $46.64B+3.0% | $45.27B-6.8% | |
| Renewable Fuels | $8.07B— | —— | —— | —— | |
| Gain (Loss), Foreign Currency Transaction, before Tax by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| Marketing and Specialties | -$2M+33.3% | -$3M-50.0% | -$2M-200% | $2M— | |
| Midstream | $0— | $0— | $0— | $0-100% | |
| Refining | $21M— | $0+100% | -$19M-371% | $7M+275% | |
| Renewable Fuels | -$6M-200% | -$2M+33.3% | -$3M-138% | $8M— | |
| Cost And Expenses by Business | |||||
| Chemicals | $0+100% | -$13M+7.1% | -$14M0.0% | -$14M— | |
| M&S | $84.48B-8.0% | $91.82B-5.7% | $97.37B-13.9% | $113.14B— | |
| Midstream | $18.84B+10.7% | $17.01B+2.7% | $16.57B-7.3% | $17.87B— | |
| Refining | $75.14B-12.0% | $85.37B-2.3% | $87.4B-15.0% | $102.86B— | |
| Renewable Fuels | $6.76B+17.2% | $5.77B+20.3% | $4.8B+47.0% | $3.26B— | |
| Equity in earnings of affiliates by Business | |||||
| Chemicals | $309M-64.2% | $863M+47.3% | $586M-30.4% | $842M-54.0% | |
| M&S | $146M-47.1% | $276M-20.0% | $345M-25.6% | $464M— | |
| Midstream | $399M-32.5% | $591M-8.8% | $648M-29.1% | $914M+4.2% | |
| Refining | -$79M— | —— | $439M-41.2% | $747M+506% | |
| Renewable Fuels | -$1M— | —— | -$1M-200% | $1M— | |
| Accum. D&A by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| Marketing And Specialties Segment | $2.9B-41.0% | $4.91B+9.4% | $4.49B+9.8% | $4.09B+0.2% | |
| Midstream | $21.56B+12.6% | $19.15B+17.9% | $16.24B+13.2% | $14.35B+23.1% | |
| Refining | $52.32B+9.4% | $47.82B-4.9% | $50.26B+1.7% | $49.42B-4.1% | |
| Renewable Fuels | $6.91B— | —— | —— | —— | |
| Purchased crude oil and products by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| M&S | $82.71B-7.7% | $89.57B-6.5% | $95.81B-14.2% | $111.64B— | |
| Midstream | $15.22B+13.4% | $13.43B+2.3% | $13.13B-15.3% | $15.5B— | |
| Refining | $67.77B-15.1% | $79.85B-2.3% | $81.73B-15.6% | $96.81B— | |
| Renewable Fuels | $6.1B+7.6% | $5.66B+21.4% | $4.67B+44.8% | $3.22B— | |
| Other Cost and Expense, Operating by Business | |||||
| Chemicals | $7M+333% | -$3M0.0% | -$3M+66.7% | -$9M— | |
| M&S | $73M+5.8% | $69M+21.1% | $57M+14.0% | $50M— | |
| Midstream | $2.02B+7.7% | $1.88B+1.7% | $1.84B+31.6% | $1.4B— | |
| Refining | $4.06B+8.9% | $3.73B-12.2% | $4.25B-10.3% | $4.73B— | |
| Renewable Fuels | $365M-1.4% | $370M+278% | $98M+165% | $37M— | |
| Capital Expenditures and Investments by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| M&S | $118M+38.8% | $85M-15.8% | $101M+16.1% | $87M— | |
| Midstream | $1.23B+63.9% | $751M+20.2% | $625M-15.2% | $737M+0.5% | |
| Refining | $776M+33.3% | $582M-0.7% | $586M-3.5% | $607M-22.6% | |
| Renewable Fuels | $56M-85.1% | $375M-50.2% | $753M+133% | $323M— | |
| Goodwill Write-Off by Business | |||||
| Marketing and Specialties | $141M— | —— | —— | —— | |
| Midstream | $0— | —— | —— | —— | |
| D&A by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| M&S | $97M-45.5% | $178M+45.9% | $122M+10.9% | $110M— | |
| Midstream | $1.03B+12.1% | $919M-0.4% | $923M+62.8% | $567M— | |
| Refining | $1.82B+69.0% | $1.08B+29.6% | $831M-3.4% | $860M— | |
| Renewable Fuels | $95M+48.4% | $64M+700% | $8M+14.3% | $7M— | |
| Investments In and Advances to Affiliates by Business | |||||
| Chemicals | $31.59B— | —— | —— | —— | |
| M&S | $3.01B— | —— | —— | —— | |
| Midstream | $8.81B— | —— | —— | —— | |
| Refining | $5.98B— | —— | —— | —— | |
| Renewable Fuels | $59M— | —— | —— | —— | |
| Impairments by Business | |||||
| Chemicals | $0— | $0— | $0— | $0— | |
| M&S | $1M-66.7% | $3M0.0% | $3M— | $0— | |
| Midstream | $79M-77.2% | $346M+11,433% | $3M— | —— | |
| Refining | $955M+810% | $105M+950% | $10M— | —— | |
| Renewable Fuels | $0— | $0— | $0— | $0— | |
| Sales and other operating revenues by Product | |||||
| Crude oil resales | $15.18B-31.0% | $22.01B+5.7% | $20.82B+1.2% | $20.57B+60.7% | |
| Natural gas liquids and natural gas | $17.07B+17.3% | $14.55B+0.6% | $14.47B-10.6% | $16.17B+78.2% | |
| Refined petroleum products and renewable fuels | $97.36B-6.1% | $103.69B-4.6% | $108.64B— | —— | |
| Services and other | $2.77B-4.9% | $2.91B-15.9% | $3.46B+140% | $1.44B+149% | |
| Sales and other operating revenues by Geography | |||||
| Germany | $4.99B-5.2% | $5.27B-5.1% | $5.55B-13.2% | $6.39B+49.0% | |
| Other countries | $9.92B-14.3% | $11.58B+37.4% | $8.42B-14.6% | $9.86B+22.0% | |
| United Kingdom | $13.21B+3.9% | $12.71B-13.2% | $14.64B-12.5% | $16.74B+50.4% | |
| United States | $104.26B-8.2% | $113.6B-4.4% | $118.79B-13.3% | $137B+55.7% |
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.
