Phillips 66 (PSX) Factsheet

Phillips 66 (PSX) Stock Analysis

Analysis from 10-Q filed 2026-10-28. Data as of Q3 2026.

Overall Grade: F (Concerning)

Grade F (Concerning). ROIC 35.8%. D/E 0.5x. Source: 10-Q filed 2026-10-28.

Metric	Value	Context
ROIC	35.8%	Above industry average
Debt/Equity	0.5x	Moderate leverage

ROIC 35.8% — Top 5% of sector peers.

Explore Phillips 66: Earnings History | Overview

Programmatic access: Available via MCP at mcp.metricduck.com. Tools for PSX: get_company_overview, get_filing_index (lens: debt_stress, management_outlook, risk_trajectory), get_filing_section, get_metric_history, compare_companies, screen_filing_signals.

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Profitability: Phillips 66 earns 35.8% ROIC, Top 5% in Energy

ROIC TTM 35.8%, sector median 7.0%, Top 5%. DuPont: NOPAT margin 11.0% × asset turnover 2.1x. Gross margin 15.1%. Operating margin 13.7%. Source: 10-Q filed 2026-10-28.

Metric	PSX	Rating	Context
Return on Invested Capital (ROIC)	35.8%	Excellent	Above sector median of 7.0%
Return on Equity (ROE)	42.0%	Excellent	Efficient use of shareholder equity
Gross Margin	15.1%	Warning	Competitive pricing environment
Operating Margin	13.7%	Good	Moderate operational efficiency

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Cash Flow Analysis for Phillips 66

OCF/Net income 1.2x. Positive FCF in NaN/8 trailing quarters. Source: 10-Q filed 2026-10-28.

Metric	PSX	Rating	Context
OCF/Net Income	1.2x	Excellent	High earnings quality
FCF Consistency (8Q)	N/A	Warning	Variable cash flow

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Balance Sheet: Phillips 66 at 0.5x leverage, 20.3x interest coverage

Debt/Equity 0.5x. Total debt $18.5B, cash & investments $5.8B. Interest coverage 20.3x. Source: 10-Q filed 2026-10-28.

Metric	PSX	Rating	Context
Debt to Equity	0.5x	Good	Moderate leverage
Net Cash Position	$-12.7B	Warning	Net debt position
Interest Coverage	20.3x	Excellent	Comfortable debt service

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Valuation: Phillips 66 trades at 8.2x earnings

P/E 8.2x. EV/Sales 0.7x. Dividend yield 1.9%. Source: 10-Q filed 2026-10-28.

Metric	PSX	Rating	Context
P/E Ratio	8.2x	Adequate	Reasonable valuation
EV/Sales	0.7x	Excellent	Attractive revenue multiple
Dividend Yield	1.9%	Adequate	Growth focus over income

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Capital Allocation: Phillips 66 returns 5.1% shareholder yield, reducing shares 3.2% YoY

Total shareholder yield 5.1% (div 1.9% + buyback 3.1%). Share count -3.2% YoY. Capital returned $5.2B TTM. Source: 10-Q filed 2026-10-28.

Metric	PSX	Rating	Context
Total Shareholder Yield	5.1%	Good	Dividend + buyback yield combined
Buyback Yield	3.1%	Good	Active share repurchases
Share Count Change (YoY)	-3.2%	Good	Net share reduction (accretive)
Total Capital Returned (TTM)	$5.2B	Good	Dividends + buybacks returned to shareholders

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Sector Rankings

Metric	Value	Percentile	vs Median
Return on Invested Capital (ROIC)	35.8%	Top 5%	5.1x above
Gross Margin	15.1%	Bottom 50%	0.6x below
Operating Margin	13.7%	Bottom 50%	1.0x below
Return on Equity (ROE)	42.0%	Top 5%	3.8x above
P/E Ratio	8.2x	N/A	-

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Financial Scorecard

Metric	PSX	Rating	Sector Context
Return on Invested Capital (ROIC)	35.8%	Excellent	Top 5% of sector (median: 7.0%)
Gross Margin	15.1%	Warning	Bottom 50% of sector (median: 24.9%)
Debt to Equity Ratio	54.0%	Good	Moderate leverage
P/E Ratio (Price-to-Earnings)	816.1%	Adequate	Attractively valued

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Frequently Asked Questions

Q: What is Phillips 66's Return on Invested Capital (ROIC)?

Phillips 66 (PSX) has a trailing twelve-month Return on Invested Capital (ROIC) of 35.8%. The 8-quarter median ROIC is 24.7% with a improving trend. Sector median 7.0%. Source: 10-Q filed 2026-10-28.

Q: What is Phillips 66's Free Cash Flow Margin?

Phillips 66 (PSX) has a free cash flow margin of N/A, Source: 10-Q filed 2026-10-28.

Q: What is Phillips 66's P/E ratio and how does it compare to peers?

Phillips 66 (PSX) trades at a P/E ratio of 8.2x, which is above the sector median of N/A. EV/Sales 0.7x. Source: 10-Q filed 2026-10-28.

Q: Does Phillips 66 pay a dividend?

Phillips 66 (PSX) currently pays a dividend yield of 1.9%. Total shareholder yield (dividend + buybacks) 5.1%. Source: 10-Q filed 2026-10-28.

Q: How much debt does Phillips 66 have?

Phillips 66 (PSX) has a debt-to-equity ratio of 0.5x with total debt of $18.5 billion. Interest coverage 20.3x. Net debt $12.7 billion. Source: 10-Q filed 2026-10-28.

Q: What is Phillips 66's revenue and earnings growth?

Phillips 66 (PSX) grew revenue by 27.5% year-over-year. EPS +750.6% YoY. Source: 10-Q filed 2026-10-28.

Q: Is Phillips 66 buying back stock?

Phillips 66 (PSX) repurchased $3.2 billion of stock over the trailing twelve months. This represents a buyback yield of 3.1%. Share count -3.2% YoY. Source: 10-Q filed 2026-10-28.

Q: How does Phillips 66 compare to competitors in Energy?

Compared to other companies in Energy, Phillips 66 (PSX) shows: ROIC 35.8%, sector median 7.0% (Top 5%). Gross margin 15.1%, 9.8pp below sector median. These rankings are based on MetricDuck's analysis of all Energy companies with available SEC filings.

Q: What warning signs should I watch for with Phillips 66?

No quantitative warning flags fired for Phillips 66 (PSX) on margin trend, FCF trend, ROIC trend, or leverage thresholds. Source: 10-Q filed 2026-10-28.

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Data Source: Data sourced from 10-Q filed 2026-10-28. TTM metrics as of Q3 2026.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.