← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Net income doubled to $4.40B on revenue down 7.5% to $132.38B, as Phillips 66 bought, sold and idled assets to reshape its portfolio.
The read at a glance✓ Audited against SEC data
- Growth — Revenue -7.5% to $132.38BWatch
- Profitability — Net income $4.40B, +108.0%; gross margin 12.3%, up 309 bpsOK
- Cash — Operating cash flow $4.96B, +18.4%OK
- Accounting — Grey-zone Altman-Z; no manipulation flag; earnings quality safeNote
- Capital — Dividends $1.92B; buybacks $1.21B, -65.0%Note
- Portfolio — $3.5bn of acquisitions and $3.5bn of disposalsNote
Business
Phillips 66 is an integrated downstream energy company with Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels segments. It buys all the crude oil and other feedstocks it processes, and its Chemicals segment is a 50% stake in CPChem.
Where the revenue comes from
Fiscal 2025, as Phillips 66 reports it. History and quarterly detail are in the app.
- Refined petroleum products and renewable fuels$97.4B
- NGL and natural gas$17.1B
- Crude oil resales$15.2B
- Services and other$2.8B
Leadership changes
From Phillips 66's own filings, the day they're filed.
- J. Scott Pruitt · appointmenteff. 2024-05-13
- Ann M. Kluppel · President · appointmenteff. 2024-05-13
- Mark E. Lashier · Chief Executive Officer · appointmenteff. 2024-03-08
Latest filings
- 8-K · Company announcement2026-10-05
- 8-K · Company announcement2026-08-21
- 10-Q · Quarterly report2026-08-05
- 8-K · Company announcement2026-08-05
- 8-K · Company announcement2026-05-14
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Phillips 66, every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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