Phillips 66
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $132.4B | $143.2B | $147.4B | $170.0B | $111.5B |
| Cost of revenue | $116.1B | $130.0B | $128.1B | $149.9B | $102.1B |
| Selling, general & administrative | $2.4B | $2.8B | $2.5B | $2.2B | $1.7B |
| Research and development | $6.0M | $15.0M | $27.0M | $42.0M | $47.0M |
| Interest expense | $1.0B | $907.0M | $897.0M | $619.0M | $581.0M |
| Income tax expense | $892.0M | $500.0M | $2.2B | $3.2B | $146.0M |
| Net income | $4.4B | $2.1B | $7.0B | $11.0B | $1.3B |
| Balance Sheet | |||||
| Cash and equivalents | $1.1B | $1.7B | $3.3B | $6.1B | $3.1B |
| Current assets | $17.3B | $17.9B | $19.9B | $21.9B | $14.7B |
| Total assets | $73.7B | $72.6B | $75.5B | $76.4B | $55.6B |
| Current liabilities | $13.3B | $15.1B | $15.9B | $15.9B | $12.8B |
| Total liabilities | $43.4B | $44.1B | $43.9B | $42.3B | $34.0B |
| Total debt | $19.5B | $19.9B | $19.2B | $17.2B | $14.3B |
| Stockholders' equity | $29.1B | $27.4B | $30.6B | $29.5B | $19.2B |
| Cash Flow Statement | |||||
| Cash from operations | $5.0B | $4.2B | $7.0B | $10.8B | $6.0B |
| Depreciation and amortization | $3.3B | $2.4B | $2.0B | $1.6B | $1.6B |
| Stock-based compensation | $220.0M | $210.0M | $297.0M | $210.0M | $144.0M |
| Dividends paid | $1.9B | $1.9B | $1.9B | $1.8B | $1.6B |
| Share repurchases | $1.2B | $3.5B | $4.0B | $1.5B | $0 |
| Impairments | $1.1B | $456.0M | $24.0M | $60.0M | $1.5B |
Shares outstanding 400.9M · Free float 47.7%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.