Intrinsiqq
Phillips 66 logoPhillips 66PSX
$284.63-1.88%
Phillips 66 logo

Phillips 66

PSX

$284.63

-$5.44 (-1.88%)

⊜ Compare
ProfitabilitySolid marginsGrowthDecliningCash FlowN/AValuationFairly valued
What stands out

10.46% operating margin is respectable but not wide. ROIC at 25.85%. Suggests the business covers its cost of capital, but doesn't point to a wide moat.

What's changing

Revenue declined 7.5% YoY. The question is whether this is cyclical or a structural shift.

What deserves caution

Even for strong businesses, today's 16x P/E means the stock needs to keep delivering. There's no margin of safety if growth disappoints.

Valuation context

16.2x earnings. Valuation is in a reasonable range. The main question is whether the business can re-accelerate or if current trajectory is already priced in.

Price History

+116.6%

Valuation & Multiples

Based on TTM earnings · Diluted shares

Market Cap$113.57B
EPS$17.52
P/E16.25
P/FCF—
EV/EBITDA6.41
FCF Yield—
Div. Yield1.75%
Net Debt/FCF—
52-Week Range
$127.75$297.29

Profitability & Returns

Revenue (TTM)

$152.17B

▼ -7.5% YoY

Net Income (TTM)

$7.09B

▲ +108.0% YoY

Op. Margin

11.51%

▲ +3.2pp YoY

ROIC

30.52%

▲ +6.2pp YoY

Cash Flow & Balance Sheet

FCF

N/A

Op. Cash Flow (TTM)

$8.93B

▲ +18.4% YoY

Net Debt

$16.47B

Cash & Equiv.

$4.10B

5Y CAGR: +15.6%

Continue Research

SourceComputed from the 10-Q filed 30 Jun 2026, covering the period ending 30 Jun 2026, as reported to the SEC. Data last refreshed 12 Oct 2026. How this is calculated.

Price from market data, last close as of 22 Oct 2026. Fiscal year ends Dec. Sector medians are approximate S&P 500 benchmarks and update periodically.

Is Phillips 66 (PSX) overvalued?

At a P/E of 16.2, Phillips 66 (PSX)'s valuation is best read against its own history, its peers, and the growth its price implies. A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.

On quality, Phillips 66 scores 43/100 on Intrinsiqq's quality scorecard (a mixed business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 1.7%; see dividend safety for coverage and history. All figures are computed from SEC filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.

Frequently asked

Is Phillips 66 a high-quality business?+

Phillips 66 scores 43 out of 100 on Intrinsiqq's quality score, a weighted blend of 6 metrics each scored 0 to 100, which makes it a mixed business on these measures. Recent fundamentals include a 11.5% operating margin and a 30.5% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from SEC filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.

Does Phillips 66 (PSX) pay a dividend, and how much?+

Yes, Phillips 66 pays a regular dividend of about $4.93 per share per year (typically in quarterly installments), a yield of roughly 1.7% at the current price. That is a payout ratio of about 28.0% of earnings, so the dividend is amply covered by earnings. Phillips 66 has grown the dividend at roughly 4.9% a year over the past few years. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For PSX's full payout history, growth streak and dividend-safety score, see the dividends tab.

Is Phillips 66 a good stock to buy right now?+

That depends on valuation and quality together, not either alone. you should weigh PSX's valuation and scores 43/100 on quality (mixed). It also yields about 1.7%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from SEC filings, not investment advice.

Related stocks: Petroleum Refining

Spot a number that looks wrong? Check it in PSX's SEC filings or

Download this analysis as a PDF (Pro)

Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.

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Intrinsiqq is a Netherlands-based company operating in Rotterdam, KvK 73238007.