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Phillips 66 PSX

NYSE · stock · Petroleum Refining · website · IPO 2012-04-12 · LEI

Phillips 66 statistics & valuation

P / E15.6×
P / S0.5×
P / B2.3×
Net margin3.3%
Graham number -40.5%$134.13

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($134.13); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
1.80% 5.00% 5.00% 2.90% -6.20% 1.20% 6.50% 4.80% 1.50% 3.30% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
2016201720182019202020212022202320242025
Return on equity (%)
6.60% 18.60% 20.60% 11.30% -18.50% 6.10% 32.30% 22.20% 7.40% 14.60% 2016201720182019202020212022202320242025
Shares outstanding
530.1M 518.5M 474.0M 453.9M 439.5M 440.4M 473.7M 453.2M 421.9M 408.1M 2016201720182019202020212022202320242025
Net debt ($)
2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
3.00% 9.40% 10.30% 5.20% -7.30% 2.40% 14.40% 9.30% 2.90% 6.00% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
2016201720182019202020212022202320242025
EPS ($)
$2.92 $9.85 $11.80 $6.77 -$9.06 $2.97 $23.27 $15.48 $4.99 $10.79 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Phillips 66 trades at about 20.9× earnings — above its 10-year norm (10-year range 4.3×–28.5×, median 13.3×).

4.3× 28.5×

Shaded band = 10-year range (4.3×–28.5×); dot = today's 20.9×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Net margin3.3%1.5%4.8%6.5%1.2%-6.2%2.9%5.0%5.0%1.8%
Return on assets6.0%2.9%9.3%14.4%2.4%-7.3%5.2%10.3%9.4%3.0%
Return on equity14.6%7.4%22.2%32.3%6.1%-18.5%11.3%20.6%18.6%6.6%
Current ratio1.301.191.261.381.151.391.241.481.421.34

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.