PSX
Phillips 66Previous close
282.83
Change
+9.22 / +3.37%
P/E (TTM) ?
15.0
Market Cap
$109B
1M
+10.78%
S&P 500 −0.91% over same period
Volume / Avg Volume
3.7M / 2.5M
1.49× average
Latest earnings analysisFY2026 Q2Reported 2026-08-05
Phillips 66 Q2 2026: $9.55 a share as refining margins surge
Phillips 66's second quarter was a blowout: net income of $3.847 billion, or $9.55 a share GAAP, against a consensus estimate of $7.5136, on revenue of $51.00 billion. Read it as a margin quarter, not a growth quarter — refining realized margin jumped to $24.08 a barrel from $10.11 in the first quarter, and total debt fell $6.6 billion to $20.6 billion.
Read the full analysis →Revenue$51.00BYoY +52.20%
EPS (non-GAAP)$9.41Beatest. $7.51
Next-day move+1.47%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-08-05 | $51.0B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-06 | $32.5B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-02-04 | $132B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-29 | $34.5B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-25 | $33.3B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-25 | $30.4B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 48 of its 5-year rangeMid-range
5-year range 5.0 – 37.1 · Median 15.4
Last 4 quarters: $3.2B in buybacks + $2.0B in dividends, 4.76% of market cap combined
P/E (TTM)
15.0
P/B
3.4
P/S
0.7
Dividend Yield
3.54%
Earnings Reaction
Over the last 6 reports, the stock moved ±1.3% on average on the first trading day after, rising 3 times
Most recent +1.47%
Volatility & Correlation
1-year beta -0.37 · Correlation with S&P 500 -0.15Low beta
Annualized volatility 32% vs. 13% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 7 · $27.0MNet selling $27.0M
- 09-16Mandell BrianExecutive Vice PresidentSell$6.2M23,400 shares · Avg price 265.06
- 08-12Harbison Richard GEVP, RefiningSell$11.7M52,100 shares · Avg price 223.76
- 08-11Mandell BrianExecutive Vice PresidentSell$6.5M30,000 shares · Avg price 215.00
- 08-10Kluppel Ann MSVP and ControllerSell$1.3M6,034 shares · 3 trades · Avg price 212.50
- 08-10Davis Lisa AnnDirectorSell$0.31M1,515 shares · 3 trades · Avg price 207.73
- 08-10Mandell BrianExecutive Vice PresidentSell$0.71M3,300 shares · Avg price 214.02
- 08-07Kluppel Ann MSVP and ControllerSell$0.37M1,800 shares · Avg price 205.00
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 50.54 | +46.4% | 19.2% | 5.62 | 14.08 |
| FY2026 Q2 | 51.00 | +53.1% | 14.4% | 3.85 | 9.55 |
| FY2026 Q1 | 32.54 | +6.9% | 10.2% | 0.21 | 0.51 |
| FY2025 Q4 | 34.11 | +1.3% | 14.6% | 2.91 | 7.14 |
| FY2025 Q3 | 34.52 | −2.9% | 12.4% | 0.13 | 0.32 |
| FY2025 Q2 | 33.32 | −12.6% | 12.7% | 0.88 | 2.15 |
| FY2025 Q1 | 30.43 | −15.0% | 9.1% | 0.49 | 1.18 |
| FY2024 Q4 | 33.69 | −12.0% | 8.7% | 0.01 | 0.06 |
| FY2024 Q3 | 35.53 | −10.4% | 9.4% | 0.35 | 0.82 |
| FY2024 Q2 | 38.13 | +8.7% | 9.2% | 1.02 | 2.38 |
| FY2024 Q1 | 35.81 | +4.1% | 9.6% | 0.75 | 1.73 |
| FY2023 Q4 | 38.27 | −5.0% | 11.6% | 1.26 | 2.87 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| PSX | 15.0 | +46.4% | 19.2% | +10.78% | Bullish |
| XOM | 22.6 | +42.3% | — | +15.05% | Neutral |
| CVX | 22.6 | +51.4% | 45.5% | +15.33% | Bullish |
| COP | 19.7 | +43.3% | 62.9% | +23.08% | Bullish |
| MPC | 14.2 | +53.8% | 17.2% | +12.47% | Neutral |
| VLO | 15.4 | +43.3% | 20.4% | +3.11% | Bullish |
| WMB | 29.6 | +0.0% | — | +9.39% | Neutral |
| EOG | 12.6 | +57.4% | — | +20.17% | Bullish |
| SLB | 25.5 | +5.8% | — | +10.30% | Neutral |