Phillips 66
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Phillips 66
Compare market positioning with top industry peers
Explore Phillips 66
Core profile pages, annual revenue records, and related research hubs for this company.
Financial Performance
Revenue
$132.38B
Market Cap
$52.6B
Net Income
$4.4B
Employees
13,800
Phillips 66 is functioning as a specialized, capital-intensive downstream energy refiner and midstream logistics operator navigating a volatile commodity cycle. Under CEO Mark Lashier, the energy company generated exactly $151.0 billion in revenue and maintains a $52.6 billion market cap with exactly 13800 employees. The financial narrative in 2026 is entirely defined by refining margin compression; absorbing the devastating narrowing of crack spreads from their 2022 peaks, Phillips 66 extracts remaining profitability by furiously expanding its lucrative Midstream and Marketing segments while pursuing complex renewable fuels conversions at its Rodeo facility.
Revenue Trend Analysis
YoY Change
-7.5%
2-Year CAGR
-5.2%
Peak Year
2023
Trend
Declining Trend
Phillips 66 has reported revenue across 3 fiscal years, compounding at -5.2% annually over 2 years. The most recent year saw a 7.5% decline versus the prior year. Revenue peaked in 2023 at $147.4B. Out of 2 reported periods, 0 showed growth and 2 showed a decline.
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $132.4B | $4.4B | -7.5% |
| FY2024 | $143.2B | $2.1B | -2.9% |
| FY2023 | $147.4B | $7.0B | — |
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.
Click any row to see year details.
Phillips 66 reported approximately $151.0B in fiscal year 2025 with a team of 13,800 employees worldwide.
Phillips 66 strategically balances reinvestment into core R&D with operational cost discipline, focusing on workflow automation to expand operating margins in 2026.
Financial performance in Petroleum Refining, Midstream, Chemicals, and Marketing is driven by steady cash generation and pricing power, enabling Phillips 66 to reinvest in high-return strategic initiatives.
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Phillips 66 Revenue & Financials." CorpDigest, https://corpdigest.com/company/phillips-66/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Phillips 66 reported $132B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/phillips-66/financials" target="_blank" rel="noopener">CorpDigest — Phillips 66 financials</a></div>