PHILLIPS 66 (PSX) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:PSX - US7185461040 - Common Stock
132.99 USD
-0.73 (-0.55%)
Taking everything into account, PSX scores 4 out of 10 in our fundamental rating. PSX was compared to 210 industry peers in the Oil, Gas & Consumable Fuels industry. The financial health of PSX is average, but there are quite some concerns on its profitability. PSX has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year PSX was profitable.
PSX had a positive operating cash flow in the past year.
PSX had positive earnings in 4 of the past 5 years.
PSX had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
PSX has a Return On Assets (1.97%) which is in line with its industry peers.
PSX has a Return On Equity of 5.56%. This is comparable to the rest of the industry: PSX outperforms 44.76% of its industry peers.
With a Return On Invested Capital value of 3.56%, PSX is not doing good in the industry: 66.67% of the companies in the same industry are doing better.
Measured over the past 3 years, the Average Return On Invested Capital for PSX is significantly below the industry average of 21.28%.
The 3 year average ROIC (8.67%) for PSX is well above the current ROIC(3.56%). The reason for the recent decline needs to be investigated.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.97% | ||
| ROE | 5.56% | ||
| ROIC | 3.56% |
ROA(3y)8.86%
ROA(5y)4.33%
ROE(3y)22.64%
ROE(5y)10.75%
ROIC(3y)8.67%
ROIC(5y)N/A
1.3 Margins
Looking at the Profit Margin, with a value of 1.13%, PSX is doing worse than 64.29% of the companies in the same industry.
PSX's Profit Margin has declined in the last couple of years.
PSX has a worse Operating Margin (1.99%) than 71.43% of its industry peers.
PSX's Operating Margin has declined in the last couple of years.
PSX has a Gross Margin of 10.79%. This is in the lower half of the industry: PSX underperforms 70.00% of its industry peers.
In the last couple of years the Gross Margin of PSX has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 1.99% | ||
| PM (TTM) | 1.13% | ||
| GM | 10.79% |
OM growth 3Y52.02%
OM growth 5Y-14.16%
PM growth 3Y7.9%
PM growth 5Y-12.42%
GM growth 3Y3.1%
GM growth 5Y-3.37%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so PSX is still creating some value.
PSX has less shares outstanding than it did 1 year ago.
PSX has less shares outstanding than it did 5 years ago.
The debt/assets ratio for PSX is higher compared to a year ago.
2.2 Solvency
PSX has an Altman-Z score of 3.14. This indicates that PSX is financially healthy and has little risk of bankruptcy at the moment.
PSX's Altman-Z score of 3.14 is amongst the best of the industry. PSX outperforms 83.81% of its industry peers.
PSX has a debt to FCF ratio of 16.10. This is a negative value and a sign of low solvency as PSX would need 16.10 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 16.10, PSX is in line with its industry, outperforming 48.10% of the companies in the same industry.
A Debt/Equity ratio of 0.71 indicates that PSX is somewhat dependend on debt financing.
PSX's Debt to Equity ratio of 0.71 is on the low side compared to the rest of the industry. PSX is outperformed by 62.38% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 16.1 | ||
| Altman-Z | 3.14 |
ROIC/WACC0.44
WACC8.02%
2.3 Liquidity
A Current Ratio of 1.23 indicates that PSX should not have too much problems paying its short term obligations.
PSX has a Current ratio (1.23) which is comparable to the rest of the industry.
PSX has a Quick Ratio of 1.23. This is a bad value and indicates that PSX is not financially healthy enough and could expect problems in meeting its short term obligations.
PSX has a Quick ratio of 0.87. This is comparable to the rest of the industry: PSX outperforms 47.14% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.87 |
3. Growth
3.1 Past
The earnings per share for PSX have decreased strongly by -58.78% in the last year.
PSX shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -5.44% yearly.
PSX shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -10.68%.
The Revenue has been growing slightly by 5.91% on average over the past years.
EPS 1Y (TTM)-58.78%
EPS 3Y2.29%
EPS 5Y-5.44%
EPS Q2Q%23.53%
Revenue 1Y (TTM)-10.68%
Revenue growth 3Y8.69%
Revenue growth 5Y5.91%
Sales Q2Q%-3.27%
3.2 Future
Based on estimates for the next years, PSX will show a very strong growth in Earnings Per Share. The EPS will grow by 22.37% on average per year.
PSX is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -3.28% yearly.
EPS Next Y-3.74%
EPS Next 2Y36.36%
EPS Next 3Y27.42%
EPS Next 5Y22.37%
Revenue Next Year-7.79%
Revenue Next 2Y-4.6%
Revenue Next 3Y-2.2%
Revenue Next 5Y-3.28%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
PSX is valuated quite expensively with a Price/Earnings ratio of 34.54.
Compared to the rest of the industry, the Price/Earnings ratio of PSX indicates a slightly more expensive valuation: PSX is more expensive than 63.81% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 25.47, PSX is valued a bit more expensive.
A Price/Forward Earnings ratio of 11.73 indicates a reasonable valuation of PSX.
PSX's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. PSX is cheaper than 62.86% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of PSX to the average of the S&P500 Index (34.42), we can say PSX is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.54 | ||
| Fwd PE | 11.73 |
4.2 Price Multiples
PSX's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. PSX is more expensive than 64.76% of the companies in the same industry.
PSX's Price/Free Cash Flow ratio is in line with the industry average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.78 | ||
| EV/EBITDA | 12.58 |
4.3 Compensation for Growth
A more expensive valuation may be justified as PSX's earnings are expected to grow with 27.42% in the coming years.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y36.36%
EPS Next 3Y27.42%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.64%, PSX has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.90, PSX has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.41, PSX pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
5.2 History
The dividend of PSX has a limited annual growth rate of 5.09%.
PSX has been paying a dividend for at least 10 years, so it has a reliable track record.
PSX has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.09%
Div Incr Years12
Div Non Decr Years12
5.3 Sustainability
127.72% of the earnings are spent on dividend by PSX. This is not a sustainable payout ratio.
The dividend of PSX is growing, but earnings are growing more, so the dividend growth is sustainable.
DP127.72%
EPS Next 2Y36.36%
EPS Next 3Y27.42%
NYSE:PSX (11/24/2025, 10:49:07 AM)
132.99
-0.73 (-0.55%)
Chartmill FA Rating
GICS SectorEnergy
GICS IndustryGroupEnergy
GICS IndustryOil, Gas & Consumable Fuels
Earnings (Last)
Earnings (Next)
Inst Owners78.49%
Inst Owner Change0.38%
Ins Owners0.19%
Ins Owner Change-0.89%
Market Cap53.74B
Revenue(TTM)131.95B
Net Income(TTM)1.50B
Analysts73.08
Price Target150.02 (12.81%)
Short Float %1.59%
Short Ratio2.54
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.64% |
Yearly Dividend4.49
Dividend Growth(5Y)5.09%
DP127.72%
Div Incr Years12
Div Non Decr Years12
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)26.64%
Min EPS beat(2)15.17%
Max EPS beat(2)38.11%
EPS beat(4)3
Avg EPS beat(4)17.18%
Min EPS beat(4)-21.28%
Max EPS beat(4)38.11%
EPS beat(8)6
Avg EPS beat(8)15.4%
EPS beat(12)8
Avg EPS beat(12)11.29%
EPS beat(16)12
Avg EPS beat(16)14.14%
Revenue beat(2)2
Avg Revenue beat(2)5.33%
Min Revenue beat(2)3.59%
Max Revenue beat(2)7.06%
Revenue beat(4)4
Avg Revenue beat(4)3.82%
Min Revenue beat(4)0.25%
Max Revenue beat(4)7.06%
Revenue beat(8)8
Avg Revenue beat(8)5.26%
Revenue beat(12)12
Avg Revenue beat(12)4.21%
Revenue beat(16)15
Avg Revenue beat(16)4.69%
PT rev (1m)4.34%
PT rev (3m)7.95%
EPS NQ rev (1m)17.65%
EPS NQ rev (3m)57.13%
EPS NY rev (1m)1.74%
EPS NY rev (3m)9.95%
Revenue NQ rev (1m)1.56%
Revenue NQ rev (3m)2.1%
Revenue NY rev (1m)0.7%
Revenue NY rev (3m)0.6%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.54 | ||
| Fwd PE | 11.73 | ||
| P/S | 0.41 | ||
| P/FCF | 39.78 | ||
| P/OCF | 15.77 | ||
| P/B | 2 | ||
| P/tB | 2.2 | ||
| EV/EBITDA | 12.58 |
EPS(TTM)3.85
EY2.89%
EPS(NY)11.34
Fwd EY8.53%
FCF(TTM)3.34
FCFY2.51%
OCF(TTM)8.43
OCFY6.34%
SpS326.52
BVpS66.61
TBVpS60.51
PEG (NY)N/A
PEG (5Y)N/A
Graham Number75.96
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 1.97% | ||
| ROE | 5.56% | ||
| ROCE | 4.52% | ||
| ROIC | 3.56% | ||
| ROICexc | 3.68% | ||
| ROICexgc | 3.85% | ||
| OM | 1.99% | ||
| PM (TTM) | 1.13% | ||
| GM | 10.79% | ||
| FCFM | 1.02% |
ROA(3y)8.86%
ROA(5y)4.33%
ROE(3y)22.64%
ROE(5y)10.75%
ROIC(3y)8.67%
ROIC(5y)N/A
ROICexc(3y)9.38%
ROICexc(5y)N/A
ROICexgc(3y)9.81%
ROICexgc(5y)N/A
ROCE(3y)10.99%
ROCE(5y)N/A
ROICexgc growth 3Y47.02%
ROICexgc growth 5Y-13.51%
ROICexc growth 3Y47.48%
ROICexc growth 5Y-12.72%
OM growth 3Y52.02%
OM growth 5Y-14.16%
PM growth 3Y7.9%
PM growth 5Y-12.42%
GM growth 3Y3.1%
GM growth 5Y-3.37%
F-Score6
Asset Turnover1.73
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.71 | ||
| Debt/FCF | 16.1 | ||
| Debt/EBITDA | 3.26 | ||
| Cap/Depr | 63.25% | ||
| Cap/Sales | 1.56% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 57.96% | ||
| Profit Quality | 90.25% | ||
| Current Ratio | 1.23 | ||
| Quick Ratio | 0.87 | ||
| Altman-Z | 3.14 |
F-Score6
WACC8.02%
ROIC/WACC0.44
Cap/Depr(3y)111.89%
Cap/Depr(5y)132.17%
Cap/Sales(3y)1.41%
Cap/Sales(5y)2.09%
Profit Quality(3y)84.92%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-58.78%
EPS 3Y2.29%
EPS 5Y-5.44%
EPS Q2Q%23.53%
EPS Next Y-3.74%
EPS Next 2Y36.36%
EPS Next 3Y27.42%
EPS Next 5Y22.37%
Revenue 1Y (TTM)-10.68%
Revenue growth 3Y8.69%
Revenue growth 5Y5.91%
Sales Q2Q%-3.27%
Revenue Next Year-7.79%
Revenue Next 2Y-4.6%
Revenue Next 3Y-2.2%
Revenue Next 5Y-3.28%
EBIT growth 1Y-22.77%
EBIT growth 3Y65.23%
EBIT growth 5Y-9.09%
EBIT Next Year97.55%
EBIT Next 3Y34.69%
EBIT Next 5Y23.91%
FCF growth 1Y-80.95%
FCF growth 3Y-17.53%
FCF growth 5Y20.06%
OCF growth 1Y-64.46%
OCF growth 3Y-11.36%
OCF growth 5Y-2.71%
PHILLIPS 66 / PSX FAQ
What is the ChartMill fundamental rating of PHILLIPS 66 (PSX) stock?
ChartMill assigns a fundamental rating of 4 / 10 to PSX.
Can you provide the valuation status for PHILLIPS 66?
ChartMill assigns a valuation rating of 3 / 10 to PHILLIPS 66 (PSX). This can be considered as Overvalued.
Can you provide the profitability details for PHILLIPS 66?
PHILLIPS 66 (PSX) has a profitability rating of 3 / 10.
How financially healthy is PHILLIPS 66?
The financial health rating of PHILLIPS 66 (PSX) is 4 / 10.
How sustainable is the dividend of PHILLIPS 66 (PSX) stock?
The dividend rating of PHILLIPS 66 (PSX) is 6 / 10 and the dividend payout ratio is 127.72%.