Phillips 66 (PSX) Earnings History
Profitable17 years of earnings data (2009–2025) · Positive TTM net income
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Phillips 66 (PSX) Earnings Overview
As of July 7, 2026, Phillips 66 (PSX) reported trailing twelve-month net income of $4.12B, reflecting +116.2% year-over-year growth. The company earned $10.22 per diluted share over the past four quarters, with a net profit margin of 3.3%.
Looking at the long-term picture, PSX's historical earnings data spans multiple years. The company achieved its highest annual net income of $11.02B in fiscal 2022.
Phillips 66 maintains positive profitability with a gross margin of 4.9%, operating margin of 2.7%, and net margin of 3.3%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including VLO ($4.21B net income, 1.9% margin), MPC ($4.63B net income, 3.0% margin), PBF ($442M net income, -0.5% margin), PSX has outperformed on profitability metrics. Compare PSX vs VLO →
PSX Earnings vs Peers
Earnings metrics vs comparable public companies
PSX Historical Earnings Data (2009–2025)
17 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $4.40B | +108.0% | $3.52B | $10.79 | 3.3% | 2.7% |
| 2024 | $2.12B | -69.8% | $2.32B | $4.99 | 1.5% | 1.6% |
| 2023 | $7.00B | -36.5% | $8.27B | $15.45 | 4.8% | 5.6% |
| 2022 | $11.02B | +738.3% | $10.07B | $23.27 | 6.5% | 5.9% |
| 2021 | $1.31B | +133.0% | $1.23B | $2.97 | 1.2% | 1.1% |
| 2020 | -$3.98B | -229.5% | -$1.83B | $-9.06 | -6.3% | -2.9% |
| 2019 | $3.08B | -45.0% | $3.23B | $6.77 | 2.9% | 3.0% |
| 2018 | $5.59B | +9.6% | $5.04B | $11.80 | 5.0% | 4.5% |
| 2017 | $5.11B | +228.4% | $2.01B | $9.85 | 5.7% | 2.2% |
| 2016 | $1.55B | -63.2% | $1.53B | $2.92 | 2.2% | 2.1% |
| 2015 | $4.23B | -11.2% | $4.15B | $7.73 | 5.0% | 4.9% |
| 2014 | $4.76B | +27.8% | $2.51B | $8.33 | 3.3% | 1.7% |
| 2013 | $3.73B | -9.7% | $2.46B | $6.02 | 2.4% | 1.6% |
| 2012 | $4.12B | -13.6% | $4.51B | $6.48 | 2.5% | 2.7% |
| 2011 | $4.78B | +549.7% | $1.83B | $7.46 | 2.4% | 0.9% |
| 2010 | $735M | +54.4% | $1.11B | $1.15 | 0.5% | 0.8% |
| 2009 | $476M | - | -$398M | $0.74 | 0.4% | -0.4% |
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PSX — Frequently Asked Questions
Quick answers to the most common questions about buying PSX stock.
What is PSX earnings per share (EPS)?
PSX trailing twelve-month (TTM) diluted EPS is $10.22, reflecting +116.2% year-over-year growth. The 5-year EPS CAGR is N/A. Complete EPS history from 2009 to 2025 is available in the table on this page.
What is Phillips 66's net income?
Phillips 66 (PSX) trailing twelve-month net income is $4.1B as of 2025. Earnings grew +116.2% year-over-year. Phillips 66 has been profitable for 5 consecutive years.
Is PSX profitable?
Yes, PSX is profitable with a TTM net income of $4.1B and a net profit margin of +3.3%. Phillips 66 has generated profits for 5 consecutive years.
What is PSX's earnings growth rate?
PSX compound annual EPS growth rates (CAGR): 1-Year: +116.2%, 3-Year: -22.6%, 5-Year: N/A, 10-Year: +3.4%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 2009 to 2025.
What are PSX's profit margins?
Phillips 66 net profit margin is +3.3%, operating margin is +2.7%, and gross margin is +4.9%. Below-average margins reflect competitive or cost pressures. Return on Equity is +15.0%.
Is PSX growing earnings?
Yes, PSX earnings are accelerating — EPS growth of +116.2% exceeds the 5-year CAGR of N/A. TTM net income reached $4.1B. Earnings momentum is strengthening.
What was PSX's best earnings year?
Phillips 66's highest annual net income on record is $11.0B, achieved in fiscal year 2022. Earnings history on this page spans 2009 to 2025 and includes all annual and quarterly figures.
What were PSX's earnings last quarter?
PSX's most recent reported quarter was Q1 2026. Net income was $207M with diluted EPS of $0.51. For a full breakdown of all quarters, see the quarterly earnings table on this page.