Phillips 66 (PSX) Revenue & Revenue Breakdown

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Phillips 66 Revenue Highlights

Latest Revenue (Y)

$19.65B

Latest Revenue (Q)

$33.32B

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
2025-06-30	$33.32B	9.51%
2025-03-31	$30.43B	-9.66%
2024-12-31	$33.69B	-5.19%
2024-09-30	$35.53B	-6.82%
2024-06-30	$38.13B	6.47%
2024-03-31	$35.81B	-6.43%
2023-12-31	$38.27B	-3.46%
2023-09-30	$39.64B	12.98%
2023-06-30	$35.09B	2.02%
2023-03-31	$34.40B	-14.61%
2022-12-31	$40.28B	-10.40%
2022-09-30	$44.95B	-7.46%
2022-06-30	$48.58B	34.27%
2022-03-31	$36.18B	10.96%
2021-12-31	$32.60B	7.81%
2021-09-30	$30.24B	12.00%
2021-06-30	$27.00B	24.85%
2021-03-31	$21.63B	31.80%
2020-12-31	$16.41B	3.01%
2020-09-30	$15.93B	45.96%
2020-06-30	$10.91B	-47.73%
2020-03-31	$20.88B	-28.32%
2019-12-31	$29.13B	7.01%
2019-09-30	$27.22B	-2.26%
2019-06-30	$27.85B	20.53%
2019-03-31	$23.10B	-20.60%
2018-12-31	$29.10B	-2.32%
2018-09-30	$29.79B	2.79%
2018-06-30	$28.98B	22.82%
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 $33.32B in revenue during Q2 2025, up 9.51% compared to the previous quarter, and up 93.05% 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
Crude Oil	$22.01B	$20.57B	$12.80B	-
Refining	$103.69B	$36.16B	-	-
Other Product Line	$2.91B	$1.44B	$581.00M	-
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 Segment	-	-	-	-
Midstream	-	$15.78B	-	-
Marketing and Specialties	-	$95.42B	-	-

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	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	Sep 20
Crude Oil	$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	$2.20B	-	-
Consolidation, Eliminations	$13.47B	$-12.06B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Natural Gas Liquids	$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	$966.00M	-	-	-	-	-
Other Product Line	$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	$192.00M	-	-
Midstream Segment	-	$5.65B	$4.84B	$4.61B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Renewable Fuels	-	$1.53B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketing And Specialties Segment	-	$20.70B	$23.18B	$25.05B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unallocated Amount to Segment	-	$-12.06B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refining Segment	-	$15.77B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Corporate and Other	-	$30.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Chemicals Segment	-	$113.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refining	-	$15.88B	$81.56B	$22.13B	$24.92B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
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	$12.57B

Phillips 66's latest quarterly revenue breakdown by segment (product or service), as of Jun 25: Consolidation, Eliminations (59.65%), Crude Oil (18.38%), Natural Gas Liquids (18.05%), and Other Product Line (3.92%).

Phillips 66 Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 24	Dec 23	Dec 22	Dec 21	Dec 20
Midstream Segment	$11.58B	$8.42B	-	-	-
GERMANY	$5.26B	$5.55B	$6.39B	$4.29B	$3.03B
UNITED STATES	$113.60B	$118.79B	$137.00B	$87.97B	$48.71B
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	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	Sep 20
UNITED KINGDOM	$3.39B	$2.96B	$2.73B	$2.88B	$3.21B	$3.89B	$3.75B	-	-	-	-	-	-	-	-	-	-	-	-	-
GERMANY	$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	$805.00M
UNITED STATES	$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	$12.13B
Other Geographical Areas	$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	$1.15B	-	-	-	-
Midstream Segment	-	$5.65B	$2.92B	$3.33B	$3.09B	$2.24B	$1.86B	-	-	-	-	-	-	-	-	-	-	-	-	-
Unallocated Amount to Segment	-	$-12.06B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Corporate and Other	-	$30.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Chemicals Segment	-	$113.00M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Renewable Fuels	-	$1.53B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refining Segment	-	$15.88B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Marketing And Specialties Segment	-	$20.70B	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Phillips 66's latest quarterly revenue breakdown by geography, as of Jun 25: UNITED STATES (78.09%), UNITED KINGDOM (10.17%), Other Geographical Areas (7.81%), and GERMANY (3.93%).

Phillips 66 Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
MPC	Marathon Petroleum	$140.41B	$34.10B
E	Eni S.p.A.	$93.72B	$22.94B
ET	Energy Transfer LP	$82.67B	$19.24B
SU	Suncor Energy	$49.09B	$13.30B
SLB	Slb	$36.29B	$8.93B
PSX	Phillips 66	$19.65B	$33.32B
LNG	Cheniere Energy	$15.70B	$4.64B
TRP	TC Energy	$15.03B	$4.07B
MPLX	MPLX Lp	$11.93B	$3.24B
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 Q2 2025 was $33.32B, a 9.51% increase from the previous quarter (Q1 2025), and a -12.60% decrease year-over-year (Q2 2024). The company's quarterly revenue for Q1 2025 was $30.43B, a -9.66% decrease from the previous quarter (Q4 2024), and a -15.03% decrease year-over-year (Q1 2024). PSX's quarterly revenue for Q4 2024 was $33.68B, a -5.19% decrease from the previous quarter (Q3 2024), and a -11.98% decrease year-over-year (Q4 2023).

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 Crude Oil, Refining, and Other Product Line. 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. Other Product Line generated $2.91B in revenue, accounting 2.26% of the company's total revenue, down -15.94% 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.