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-3.4% | $85.9B-7.1% | $85.05B-11.2% | $85.38B-12.5% | $89.49B-7.6% | |
| Midstream | $21.24B+9.5% | $21.18B+12.7% | $20.76B+13.9% | $20.11B+9.5% | $19.4B+6.9% | |
| Refining | $81.56B+3.3% | $74.9B-11.8% | $72.86B-19.1% | $74.53B-20.4% | $78.93B-14.7% | |
| Renewable Fuels | $6.22B+4.9% | $6.18B+11.1% | $6.31B+17.6% | $6.04B+14.0% | $5.93B+17.7% | |
| Revenues And Other Income by Business | ||||||
| Chemicals | $310M-60.0% | $309M-64.2% | $413M-54.4% | $576M-19.2% | $775M+21.0% | |
| M&S | $88.58B-2.5% | $88.98B-4.1% | $86.25B-10.3% | $86.64B-11.5% | $90.86B-6.5% | |
| Midstream | $21.66B+6.7% | $21.66B+10.2% | $21.3B+11.0% | $20.7B+6.4% | $20.3B+3.9% | |
| Refining | $81.65B+3.7% | $74.86B-11.9% | $72.7B-18.6% | $74.32B-18.8% | $78.73B-14.1% | |
| Renewable Fuels | $6.48B+8.8% | $6.38B+14.5% | $6.42B+22.6% | $6.1B+18.9% | $5.95B+22.4% | |
| Total Assets by Business | ||||||
| Chemicals | $31.72B+1.2% | $31.62B+2.2% | $31.57B+3.7% | $31.56B+5.9% | $31.34B+7.0% | |
| M&S | $44.95B— | $42.7B— | $42.44B— | —— | —— | |
| Midstream | $121.01B+7.6% | $118.08B+3.6% | $116.24B+1.3% | $114.44B-1.1% | $112.45B-3.7% | |
| Refining | $83.23B+0.2% | $80.33B-9.2% | $80.49B-10.4% | $82.46B-9.9% | $83.04B-10.7% | |
| Renewable Fuels | $12.44B-4.2% | $12.4B— | $12.35B— | $12.75B— | $12.99B— | |
| Income (Loss), Including Portion Attributable to Noncontrolling Interest, before Tax by Business | ||||||
| Chemicals | $310M-60.5% | $309M-64.7% | $416M-52.5% | $582M-8.6% | $784M+29.2% | |
| M&S | $3.06B+58.6% | $4.5B+345% | $2.36B+91.0% | $2.08B+20.4% | $1.93B+7.7% | |
| Midstream | $2.66B-6.3% | $2.82B+6.8% | $2.85B+4.7% | $2.8B-0.2% | $2.84B+6.7% | |
| Renewable Fuels | -$236M— | -$380M— | —— | —— | —— | |
| Other income by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $72M+84.6% | $16M-61.9% | $17M-54.4% | $41M+148% | $39M+5,100% | |
| Refining | $63M— | $40M— | —— | —— | —— | |
| Renewable Fuels | $259M— | $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+75.7% | $2.92B+4,329% | $1.01B+404,900% | $996M+199,100% | $1.08B+48,078% | |
| Midstream | -$5M-102% | $58M-77.9% | $72M-74.3% | $90M-70.3% | $332M+241% | |
| Refining | $3M+138% | $3M+138% | $3M+127% | -$8M-23.1% | -$8M+17.9% | |
| Renewable Fuels | $0— | $0— | $0+100% | $0+100% | $0+100% | |
| Other segment items by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $9M— | $6M— | —— | —— | —— | |
| Midstream | $7M-46.2% | $7M-53.3% | $10M-4.8% | $11M+37.5% | $13M+136% | |
| Refining | $26M+100% | $9M-52.6% | $8M-49.2% | -$6M-122% | $13M-57.0% | |
| Gross PP&E by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| Marketing And Specialties Segment | $4.02B-51.7% | $5.13B-37.3% | $6.21B-23.3% | $7.3B-7.7% | $8.33B+7.6% | |
| Midstream | $117.69B+12.3% | $114.12B+9.1% | $110.75B+5.9% | $107.43B+2.7% | $104.76B+0.7% | |
| Refining | $94.6B+6.6% | $94.17B+3.0% | $90.48B-1.9% | $89.82B-5.5% | $88.77B-9.3% | |
| Renewable Fuels | $15.04B+1.5% | $14.98B— | $14.92B— | $14.87B— | $14.83B— | |
| Selling, General and Administrative Expense by Business | ||||||
| Chemicals | -$7M+30.0% | -$7M+30.0% | -$7M+34.9% | -$8M+23.8% | -$10M+2.4% | |
| M&S | $1.56B-19.6% | $1.59B-17.6% | $1.58B-18.5% | $1.93B+45.4% | $1.94B+46.9% | |
| Midstream | $220M+15.8% | $217M+1.9% | $206M-26.5% | $200M-40.9% | $190M-53.3% | |
| Refining | $176M-18.5% | $170M-18.3% | $177M-7.5% | $197M+13.5% | $216M+31.1% | |
| Renewable Fuels | $69M+19.0% | $66M+29.4% | $62M+47.6% | $61M+135% | $58M+241% | |
| Taxes other than income taxes by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | -$8M-115% | -$1M-102% | $42M-16.0% | $50M+13.6% | $53M+17.8% | |
| Midstream | $275M+18.0% | $261M+20.8% | $264M+20.4% | $257M+18.2% | $233M+8.0% | |
| Refining | $353M-6.1% | $357M-7.8% | $386M-1.2% | $396M+2.6% | $376M-7.7% | |
| Renewable Fuels | $128M+141% | $132M+135% | -$3M+98.9% | -$186M-40.9% | -$313M-1,152% | |
| 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-43.1% | $2.24B-31.9% | $2.59B-21.3% | $2.95B-9.1% | $3.3B+4.2% | |
| Midstream | $95.15B+11.6% | $92.56B+8.3% | $90.14B+5.0% | $87.77B+1.7% | $85.27B-1.9% | |
| Refining | $43.69B+5.7% | $41.85B-4.1% | $39.86B-10.0% | $40.83B-10.8% | $41.32B-12.7% | |
| Renewable Fuels | $8.04B-1.9% | $8.07B— | $8.11B— | $8.15B— | $8.19B— | |
| Cost And Expenses by Business | ||||||
| Chemicals | $0+100% | $0+100% | -$3M+77.8% | -$6M+57.1% | -$9M+37.9% | |
| M&S | $85.52B-3.8% | $84.48B-8.0% | $83.89B-11.6% | $84.55B-12.1% | $88.93B-6.7% | |
| Midstream | $19B+8.8% | $18.84B+10.7% | $18.45B+11.7% | $17.9B+7.1% | $17.46B+3.5% | |
| Refining | $80.78B+0.7% | $75.14B-12.0% | $74.57B-14.9% | $75.78B-14.2% | $80.25B-8.2% | |
| Renewable Fuels | $6.71B+6.9% | $6.76B+17.2% | $6.75B+24.5% | $6.51B+26.0% | $6.28B+30.8% | |
| Equity in earnings of affiliates by Business | ||||||
| Chemicals | $310M-60.0% | $309M-64.2% | $413M-54.4% | $576M-19.2% | $775M+21.0% | |
| M&S | $145M-41.5% | $146M-47.1% | $167M-45.3% | $220M-27.3% | $248M-23.2% | |
| Midstream | $392M-28.2% | $399M-32.5% | $433M-30.3% | $474M-27.0% | $546M-14.8% | |
| Refining | $26M— | -$79M— | —— | —— | —— | |
| Renewable Fuels | $0— | -$1M— | —— | —— | —— | |
| Accum. D&A by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| Marketing And Specialties Segment | $2.15B-57.4% | $2.9B-41.0% | $3.62B-24.7% | $4.35B-6.7% | $5.03B+9.9% | |
| Midstream | $22.53B+15.6% | $21.56B+12.6% | $20.61B+10.2% | $19.66B+7.4% | $19.48B+13.5% | |
| Refining | $50.91B+7.3% | $52.32B+9.4% | $50.62B+5.5% | $48.99B-0.5% | $47.45B-6.1% | |
| Renewable Fuels | $7.01B+5.7% | $6.91B— | $6.82B— | $6.72B— | $6.63B— | |
| Purchased crude oil and products by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $83.79B-3.4% | $82.71B-7.7% | $82.04B-11.5% | $82.34B-13.0% | $86.7B-7.5% | |
| Midstream | $15.24B+9.5% | $15.22B+13.4% | $14.93B+15.2% | $14.43B+9.6% | $13.92B+3.5% | |
| Refining | $73.47B-1.3% | $67.77B-15.1% | $67.47B-18.0% | $69.81B-15.8% | $74.47B-8.8% | |
| Renewable Fuels | $6.06B+0.1% | $6.1B+7.6% | $6.23B+17.6% | $6.14B+22.1% | $6.05B+30.2% | |
| Other Cost and Expense, Operating by Business | ||||||
| Chemicals | $7M+600% | $7M+333% | $4M+245% | $2M+157% | $1M+124% | |
| M&S | $74M+4.2% | $73M+5.8% | $73M+13.6% | $72M+19.0% | $71M+20.9% | |
| Midstream | $2.1B+10.7% | $2.02B+7.7% | $2B+10.2% | $1.98B+10.6% | $1.9B+4.6% | |
| Refining | $4.22B+9.5% | $4.06B+8.9% | $3.8B-0.5% | $3.81B-3.7% | $3.85B-7.0% | |
| Renewable Fuels | $358M-9.1% | $365M-1.4% | $369M+24.9% | $385M+75.0% | $394M+171% | |
| Capital Expenditures and Investments by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $112M+31.8% | $118M+38.8% | $107M+36.7% | $99M+15.8% | $85M-6.3% | |
| Midstream | $1.36B+90.7% | $1.23B+63.9% | $1.18B+73.0% | $1B+50.7% | $712M-1.6% | |
| Refining | $810M+30.0% | $776M+33.3% | $665M+24.9% | $666M+25.0% | $623M+8.4% | |
| Renewable Fuels | $57M-65.9% | $56M-85.1% | $51M-90.6% | $48M-93.3% | $167M-78.6% | |
| D&A by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $97M-40.1% | $97M-45.5% | $154M+18.0% | $163M+26.4% | $162M+27.1% | |
| Midstream | $1.07B+16.0% | $1.03B+12.1% | $1B+9.5% | $959M+4.9% | $923M+0.2% | |
| Refining | $1.58B+19.2% | $1.82B+69.0% | $1.78B+109% | $1.56B+89.0% | $1.33B+59.4% | |
| Renewable Fuels | $95M+17.3% | $95M+48.4% | $94M+119% | $92M+318% | $81M+575% | |
| Investments In and Advances to Affiliates by Business | ||||||
| Chemicals | $31.71B— | $31.59B— | $31.51B— | —— | —— | |
| M&S | $3.75B— | $3.01B— | $2.4B— | —— | —— | |
| Midstream | $8.65B— | $8.81B— | $9.77B— | —— | —— | |
| Refining | $3.78B— | $5.98B— | $8.3B— | —— | —— | |
| Renewable Fuels | $59M— | $59M— | $60M— | —— | —— | |
| Impairments by Business | ||||||
| Chemicals | $0— | $0— | $0— | $0— | $0— | |
| M&S | $1M-66.7% | $1M-66.7% | $3M+71.4% | $4M+167% | $3M+33.3% | |
| Midstream | $83M-71.1% | $79M-77.2% | $34M-89.2% | $62M-78.4% | $287M+363% | |
| Refining | $956M+47,700% | $955M+810% | $956M+802% | $5M-95.4% | $2M-98.2% | |
| Renewable Fuels | $2M— | $0— | $0— | $0— | $0— | |
| Sales and other operating revenues by Product | ||||||
| Crude oil resales | $16.41B-16.0% | $15.18B-31.0% | $16.24B-30.9% | $17.78B-23.0% | $19.53B-10.6% | |
| Natural gas liquids and natural gas | $17.1B+8.8% | $17.07B+17.3% | $16.82B+26.5% | $16.21B+18.3% | $15.72B+17.5% | |
| Refined petroleum products and renewable fuels | $99.99B-0.2% | $97.36B-6.1% | $96.22B-10.0% | $96.34B-13.4% | $100.2B-8.6% | |
| Services and other | $992M-57.3% | $2.77B-4.9% | $2.68B-34.5% | $2.64B-31.2% | $2.33B-40.9% | |
| Sales and other operating revenues by Geography | ||||||
| Germany | $4.48B-13.4% | $4.99B-5.2% | $5.13B-5.1% | $5.12B-7.6% | $5.18B-6.6% | |
| Other countries | $10.09B-11.7% | $9.92B-14.3% | $10.42B-0.9% | $10.94B+19.2% | $11.43B+33.3% | |
| United Kingdom | $14.02B+19.0% | $13.21B+3.9% | $12.48B-9.2% | $11.97B-17.8% | $11.79B-19.3% | |
| United States | $105.89B-3.2% | $104.26B-8.2% | $103.93B-12.0% | $104.94B-14.4% | $109.38B-8.9% |
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.
