Phillips 66 (PSX) Revenue & Revenue Breakdown

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Phillips 66 Revenue Highlights

Latest Revenue (Y)

$19.65B

Latest Revenue (Q)

$34.52B

Main Segment (Y)

Refining

Main Geography (Y)

UNITED STATES

Phillips 66 Revenue by Period

Phillips 66 Revenue by Year

Date	Revenue	Change
2024-12-31	$19.65B	-86.67%
2023-12-31	$147.40B	-13.29%
2022-12-31	$169.99B	52.49%
2021-12-31	$111.48B	73.83%
2020-12-31	$64.13B	-40.23%
2019-12-31	$107.29B	-3.74%
2018-12-31	$111.46B	8.90%
2017-12-31	$102.35B	21.45%
2016-12-31	$84.28B	-14.85%
2015-12-31	$98.97B	-38.61%
2014-12-31	$161.21B	-6.05%
2013-12-31	$171.60B	-4.38%
2012-12-31	$179.46B	-9.26%
2011-12-31	$197.77B	34.68%
2010-12-31	$146.85B	30.12%
2009-12-31	$112.86B	-

Phillips 66 generated $19.65B in revenue during NA 2024, up -86.67% compared to the previous quarter, and up 18.32% compared to the same period a year ago.

Phillips 66 Revenue by Quarter

Date	Revenue	Change
2025-09-29	$34.52B	3.58%
2025-06-30	$33.32B	9.27%
2025-03-31	$30.50B	-9.55%
2024-12-31	$33.71B	-4.47%
2024-09-30	$35.29B	-7.37%
2024-06-30	$38.10B	5.80%
2024-03-31	$36.01B	-5.36%
2023-12-31	$38.05B	-4.82%
2023-09-30	$39.98B	14.63%
2023-06-30	$34.88B	1.55%
2023-03-31	$34.35B	-14.74%
2022-12-31	$40.28B	-9.52%
2022-09-30	$44.52B	-8.60%
2022-06-30	$48.71B	33.10%
2022-03-31	$36.60B	12.47%
2021-12-31	$32.54B	6.85%
2021-09-30	$30.46B	11.99%
2021-06-30	$27.20B	25.03%
2021-03-31	$21.75B	31.88%
2020-12-31	$16.49B	3.66%
2020-09-30	$15.91B	43.41%
2020-06-30	$11.09B	-45.08%
2020-03-31	$20.20B	-30.79%
2019-12-31	$29.19B	7.51%
2019-09-30	$27.15B	-2.45%
2019-06-30	$27.83B	19.54%
2019-03-31	$23.28B	-18.83%
2018-12-31	$28.68B	-4.04%
2018-09-30	$29.89B	2.64%
2018-06-30	$29.12B	23.40%
2018-03-31	$23.59B	-20.68%
2017-12-31	$29.75B	16.07%
2017-09-30	$25.63B	6.39%
2017-06-30	$24.09B	5.21%
2017-03-31	$22.89B	-2.15%
2016-12-31	$23.40B	8.20%
2016-09-30	$21.62B	-1.03%
2016-06-30	$21.85B	25.50%
2016-03-31	$17.41B	-20.48%
2015-12-31	$21.89B	-15.12%
2015-09-30	$25.79B	-9.54%
2015-06-30	$28.51B	25.17%
2015-03-31	$22.78B	-34.85%
2014-12-31	$34.96B	-13.49%
2014-09-30	$40.42B	-11.27%
2014-06-30	$45.55B	13.07%
2014-03-31	$40.28B	-6.08%
2013-12-31	$42.89B	-2.96%
2013-09-30	$44.20B	2.22%
2013-06-30	$43.24B	4.79%
2013-03-31	$41.26B	-5.61%
2012-12-31	$43.71B	1.78%
2012-09-30	$42.95B	-8.64%
2012-06-30	$47.01B	2.68%
2012-03-31	$45.79B	-8.31%
2011-12-31	$49.94B	-0.94%
2011-09-30	$50.41B	-4.25%
2011-06-30	$52.65B	17.56%
2011-03-31	$44.78B	8.93%
2010-12-31	$41.11B	-

Phillips 66 generated $34.52B in revenue during Q3 2025, up 3.58% compared to the previous quarter, and up 90.59% compared to the same period a year ago.

Phillips 66 Revenue Breakdown

Phillips 66 Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 24	Dec 23	Dec 22	Dec 21
Other Product Line	$2.91B	$1.44B	$581.00M	-
Crude Oil	$22.01B	$20.57B	$12.80B	-
Refining	$103.69B	$36.16B	-	-
Marketing And Specialties Segment	-	-	-	-
Chemicals Segment	-	-	-	-
Corporate and Other	-	$36.00M	-	-
Refined products	-	$131.80B	$89.02B	-
Natural Gas Liquids	-	$16.17B	$9.07B	-
Midstream Segment	-	-	-	-
Marketing and Specialties	-	$95.42B	-	-
Midstream	-	$15.78B	-	-

Phillips 66's latest annual revenue breakdown by segment (product or service), as of Dec 24: Refining (80.62%), Crude Oil (17.11%), and Other Product Line (2.26%).

Quarterly Revenue by Product

Product/Service	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
Natural Gas Liquids	$4.08B	$4.08B	$2.90B	$3.89B	$3.26B	$4.42B	$5.47B	$4.22B	$3.25B	$3.23B	$3.03B	$2.33B	$1.94B	$1.77B	$1.44B	-	-	-	-	-
Consolidation, Eliminations	$14.11B	$13.47B	$-12.06B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Crude Oil	$4.24B	$4.15B	$10.32B	$5.78B	$5.91B	$6.22B	$5.39B	$4.65B	$4.57B	$4.88B	$6.15B	$5.79B	$3.75B	$3.32B	$3.09B	$3.20B	$3.19B	$2.55B	-	-
Other Product Line	$676.00M	$885.00M	$1.70B	$641.00M	$570.00M	$1.71B	$392.00M	$666.00M	$692.00M	$611.00M	$902.00M	$119.00M	$-188.00M	$298.00M	$-17.00M	$-21.00M	$321.00M	$84.00M	-	-
Chemicals Segment	-	-	$113.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unallocated Amount to Segment	-	-	$-12.06B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refining Segment	-	-	$15.77B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Midstream Segment	-	-	$5.65B	$4.84B	$4.61B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refining	-	-	$15.88B	$81.56B	$22.13B	$24.92B	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketing And Specialties Segment	-	-	$20.70B	$23.18B	$25.05B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Renewable Fuels	-	-	$1.53B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Corporate and Other	-	-	$30.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refined products	-	-	-	-	-	-	-	$27.43B	$29.97B	$26.52B	$24.72B	$29.32B	$33.69B	$39.41B	$29.38B	$25.96B	$24.84B	$21.88B	$16.34B	$12.34B

Phillips 66's latest quarterly revenue breakdown by segment (product or service), as of Sep 25: Consolidation, Eliminations (61.05%), Crude Oil (18.35%), Natural Gas Liquids (17.68%), and Other Product Line (2.93%).

Phillips 66 Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
UNITED STATES	$113.60B	$118.79B	$137.00B	$87.97B	$48.71B
GERMANY	$5.26B	$5.55B	$6.39B	$4.29B	$3.03B
Midstream Segment	$11.58B	$8.42B	-	-	-
UNITED KINGDOM	$12.71B	$14.64B	-	-	-
Other Geographical Areas	-	$8.42B	$9.86B	$8.08B	$5.35B

Phillips 66's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (79.35%), UNITED KINGDOM (8.88%), Midstream Segment (8.09%), and GERMANY (3.68%).

Quarterly Revenue by Country

Country	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
GERMANY	$1.36B	$1.31B	$1.22B	$1.25B	$1.34B	$1.37B	$1.30B	$1.39B	$1.48B	$1.37B	$1.31B	$1.45B	$1.77B	$1.79B	$1.38B	$1.24B	$1.19B	$1.04B	$817.00M	$758.00M
UNITED STATES	$26.96B	$26.02B	$24.16B	$26.78B	$27.98B	$30.46B	$28.38B	$31.26B	$32.47B	$27.99B	$27.07B	$33.09B	$36.13B	$38.90B	$28.89B	$26.05B	$24.01B	$21.30B	$16.61B	$12.50B
UNITED KINGDOM	$3.39B	$3.39B	$2.96B	$2.73B	$2.88B	$3.21B	$3.89B	$3.75B	-	-	-	-	-	-	-	-	-	-	-	-
Other Geographical Areas	$2.80B	$2.60B	$2.09B	$1.86B	$1.99B	$2.48B	$2.10B	$2.17B	$2.58B	$2.84B	$2.27B	$2.25B	$2.09B	$1.83B	$1.91B	$1.25B	-	-	-	-
Renewable Fuels	-	-	$1.53B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refining Segment	-	-	$15.88B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Midstream Segment	-	-	$5.65B	$2.92B	$3.33B	$3.09B	$2.24B	$1.86B	-	-	-	-	-	-	-	-	-	-	-	-
Marketing And Specialties Segment	-	-	$20.70B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unallocated Amount to Segment	-	-	$-12.06B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Corporate and Other	-	-	$30.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Chemicals Segment	-	-	$113.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Phillips 66's latest quarterly revenue breakdown by geography, as of Sep 25: UNITED STATES (78.12%), UNITED KINGDOM (9.82%), Other Geographical Areas (8.12%), and GERMANY (3.94%).

Phillips 66 Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MPC	Marathon Petroleum	$140.41B	$35.85B
E	Eni S.p.A.	$93.72B	$22.94B
ET	Energy Transfer LP	$82.67B	$19.95B
SU	Suncor Energy	$49.09B	$13.30B
SLB	SLB	$36.29B	$8.93B
EOG	EOG Resources	$23.38B	$5.73B
PSX	Phillips 66	$19.65B	$34.52B
KMI	Kinder Morgan	$15.10B	$4.15B
TRP	TC Energy	$15.03B	$4.07B
MPLX	MPLX Lp	$11.93B	$3.62B
VLO	Valero Energy	-	$32.17B

PSX Revenue FAQ

What is Phillips 66’s yearly revenue?

Phillips 66's yearly revenue for 2024 was $19.65B, representing a decrease of -86.67% compared to 2023. The company's yearly revenue for 2023 was $147.4B, representing a decrease of -13.29% compared to 2022. PSX's yearly revenue for 2022 was $169.99B, representing an increase of 52.49% compared to 2021.

What is Phillips 66’s quarterly revenue?

Phillips 66's quarterly revenue for Q3 2025 was $34.52B, a 3.58% increase from the previous quarter (Q2 2025), and a -2.20% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $33.32B, a 9.27% increase from the previous quarter (Q1 2025), and a -12.54% decrease year-over-year (Q2 2024). PSX's quarterly revenue for Q1 2025 was $30.5B, a -9.55% decrease from the previous quarter (Q4 2024), and a -15.32% decrease year-over-year (Q1 2024).

What is Phillips 66’s revenue growth rate?

Phillips 66's revenue growth rate for the last 3 years (2022-2024) was -88.44%, and for the last 5 years (2020-2024) was -69.36%.

What are Phillips 66’s revenue streams?

Phillips 66's revenue streams in c 24 are Other Product Line, Crude Oil, and Refining. Other Product Line generated $2.91B in revenue, accounting 2.26% of the company's total revenue, down -15.94% year-over-year. Crude Oil generated $22.01B in revenue, accounting 17.11% of the company's total revenue, up 5.69% year-over-year. Refining generated $103.68B in revenue, accounting 80.62% of the company's total revenue, up 7.99% year-over-year.

What is Phillips 66’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Phillips 66 was Refining. This segment made a revenue of $103.68B, representing 80.62% of the company's total revenue.