Phillips 66's Revenue
- Phillips 66's annual revenue was $143.12 B in fiscal year 2024. The annual revenue decreased -$4.14 B from $147.26 B (in 2023) to $143.12 B (in 2024), representing a -2.81% year-over-year decline.
- Phillips 66's quarterly revenue was $33.32 B in the quarter ending Jun 2025. The quarterly revenue decreased -$4.78 B from $38.10 B (in Q2: Mar 2024) to $33.32 B (in Q2: Mar 2025), representing a -12.54% year-over-year decline.
- The highest annual revenue for Phillips 66 was $170.12 B in fiscal year 2022.
- The lowest annual revenue was $63.69 B in fiscal year 2020.
- The average revenue was $110.08 B.
- Revenue is the amount of money generated by a business from sales of its goods or services. Refer to our glossary for more details, examples, and formulas.
Over the past 10 years (2015 - 2024):
Learn more about Phillips 66's Revenue by Segment and Revenue by Region.
Check out competitors to Phillips 66 in a side-by-side comparison.
Explore additional financial metrics for Phillips 66.
Definition of Revenue :
Phillips 66's Revenue Trend
| 2014 | 145856000000.00 |
|---|---|
| 2015 | 85033000000.00 |
| 2016 | 71349000000.00 |
| 2017 | 89547000000.00 |
| 2018 | 111269000000.00 |
| 2019 | 107443000000.00 |
| 2020 | 63693000000.00 |
| 2021 | 111944000000.00 |
| 2022 | 170118000000.00 |
| 2023 | 147262000000.00 |
| 2024 | 143118000000.00 |
| Mar 2015 | 22778000000.00 |
|---|---|
| Jun 2015 | 28512000000.00 |
| Sep 2015 | 25792000000.00 |
| Dec 2015 | 21893000000.00 |
| Mar 2016 | 17409000000.00 |
| Jun 2016 | 21849000000.00 |
| Sep 2016 | 18273000000.00 |
| Dec 2016 | 20418000000.00 |
| Mar 2017 | 19790000000.00 |
| Jun 2017 | 20748000000.00 |
| Sep 2017 | 21995000000.00 |
| Dec 2017 | 26502000000.00 |
| Mar 2018 | 23587000000.00 |
| Jun 2018 | 29117000000.00 |
| Sep 2018 | 29886000000.00 |
| Dec 2018 | 28679000000.00 |
| Mar 2019 | 23280000000.00 |
| Jun 2019 | 27830000000.00 |
| Sep 2019 | 27147000000.00 |
| Dec 2019 | 29186000000.00 |
| Mar 2020 | 20199000000.00 |
| Jun 2020 | 11093000000.00 |
| Sep 2020 | 15909000000.00 |
| Dec 2020 | 16492000000.00 |
| Mar 2021 | 21750000000.00 |
| Jun 2021 | 27195000000.00 |
| Sep 2021 | 30457000000.00 |
| Dec 2021 | 32542000000.00 |
| Mar 2022 | 36599000000.00 |
| Jun 2022 | 48712000000.00 |
| Sep 2022 | 44523000000.00 |
| Dec 2022 | 40284000000.00 |
| Mar 2023 | 34346000000.00 |
| Jun 2023 | 34880000000.00 |
| Sep 2023 | 39982000000.00 |
| Dec 2023 | 38054000000.00 |
| Mar 2024 | 36013000000.00 |
| Jun 2024 | 38100000000.00 |
| Sep 2024 | 35291000000.00 |
| Dec 2024 | 33714000000.00 |
| Mar 2025 | 30495000000.00 |
| Jun 2025 | 33323000000.00 |
2024
Phillips 66's annual revenue was $143.12 B in fiscal year 2024.
Phillips 66's quarterly revenue was $36.01 B(Q1: Mar 2024), $38.10 B(Q2: Jun 2024), $35.29 B(Q3: Sep 2024), $33.71 B(Q4: Dec 2024) in fiscal year 2024.
2023
Phillips 66's annual revenue was $147.26 B in fiscal year 2023.
Phillips 66's quarterly revenue was $34.35 B(Q1: Mar 2023), $34.88 B(Q2: Jun 2023), $39.98 B(Q3: Sep 2023), $38.05 B(Q4: Dec 2023) in fiscal year 2023.
2022
Phillips 66's annual revenue was $170.12 B in fiscal year 2022.
Phillips 66's quarterly revenue was $36.60 B(Q1: Mar 2022), $48.71 B(Q2: Jun 2022), $44.52 B(Q3: Sep 2022), $40.28 B(Q4: Dec 2022) in fiscal year 2022.
2021
Phillips 66's annual revenue was $111.94 B in fiscal year 2021.
Phillips 66's quarterly revenue was $21.75 B(Q1: Mar 2021), $27.20 B(Q2: Jun 2021), $30.46 B(Q3: Sep 2021), $32.54 B(Q4: Dec 2021) in fiscal year 2021.
2020
Phillips 66's annual revenue was $63.69 B in fiscal year 2020.
Phillips 66's quarterly revenue was $20.20 B(Q1: Mar 2020), $11.09 B(Q2: Jun 2020), $15.91 B(Q3: Sep 2020), $16.49 B(Q4: Dec 2020) in fiscal year 2020.
2019
Phillips 66's annual revenue was $107.44 B in fiscal year 2019.
Phillips 66's quarterly revenue was $23.28 B(Q1: Mar 2019), $27.83 B(Q2: Jun 2019), $27.15 B(Q3: Sep 2019), $29.19 B(Q4: Dec 2019) in fiscal year 2019.
2018
Phillips 66's annual revenue was $111.27 B in fiscal year 2018.
Phillips 66's quarterly revenue was $23.59 B(Q1: Mar 2018), $29.12 B(Q2: Jun 2018), $29.89 B(Q3: Sep 2018), $28.68 B(Q4: Dec 2018) in fiscal year 2018.
2017
Phillips 66's annual revenue was $89.55 B in fiscal year 2017.
Phillips 66's quarterly revenue was $19.79 B(Q1: Mar 2017), $20.75 B(Q2: Jun 2017), $22.00 B(Q3: Sep 2017), $26.50 B(Q4: Dec 2017) in fiscal year 2017.
2016
Phillips 66's annual revenue was $71.35 B in fiscal year 2016.
Phillips 66's quarterly revenue was $17.41 B(Q1: Mar 2016), $21.85 B(Q2: Jun 2016), $18.27 B(Q3: Sep 2016), $20.42 B(Q4: Dec 2016) in fiscal year 2016.
2015
Phillips 66's annual revenue was $85.03 B in fiscal year 2015.
Phillips 66's quarterly revenue was $22.78 B(Q1: Mar 2015), $28.51 B(Q2: Jun 2015), $25.79 B(Q3: Sep 2015), $21.89 B(Q4: Dec 2015) in fiscal year 2015.
Phillips 66's Revenue (Year-over-Year Change)
| 2014 | 0 |
|---|---|
| 2015 | -41.70 |
| 2016 | -16.09 |
| 2017 | +25.51 |
| 2018 | +24.26 |
| 2019 | -3.44 |
| 2020 | -40.72 |
| 2021 | +75.76 |
| 2022 | +51.97 |
| 2023 | -13.44 |
| 2024 | -2.81 |
| Q1: Mar 15 | -43.46 |
|---|---|
| Q2: Jun 15 | -37.40 |
| Q3: Sep 15 | -36.19 |
| Q4: Dec 15 | -37.38 |
| Q1: Mar 16 | -23.57 |
| Q2: Jun 16 | -23.37 |
| Q3: Sep 16 | -29.15 |
| Q4: Dec 16 | -6.74 |
| Q1: Mar 17 | 13.68 |
| Q2: Jun 17 | -5.04 |
| Q3: Sep 17 | 20.37 |
| Q4: Dec 17 | 29.80 |
| Q1: Mar 18 | 19.19 |
| Q2: Jun 18 | 40.34 |
| Q3: Sep 18 | 35.88 |
| Q4: Dec 18 | 8.21 |
| Q1: Mar 19 | -1.30 |
| Q2: Jun 19 | -4.42 |
| Q3: Sep 19 | -9.16 |
| Q4: Dec 19 | 1.77 |
| Q1: Mar 20 | -13.23 |
| Q2: Jun 20 | -60.14 |
| Q3: Sep 20 | -41.40 |
| Q4: Dec 20 | -43.49 |
| Q1: Mar 21 | 7.68 |
| Q2: Jun 21 | 145.15 |
| Q3: Sep 21 | 91.45 |
| Q4: Dec 21 | 97.32 |
| Q1: Mar 22 | 68.27 |
| Q2: Jun 22 | 79.12 |
| Q3: Sep 22 | 46.18 |
| Q4: Dec 22 | 23.79 |
| Q1: Mar 23 | -6.16 |
| Q2: Jun 23 | -28.40 |
| Q3: Sep 23 | -10.20 |
| Q4: Dec 23 | -5.54 |
| Q1: Mar 24 | 4.85 |
| Q2: Jun 24 | 9.23 |
| Q3: Sep 24 | -11.73 |
| Q4: Dec 24 | -11.40 |
| Q1: Mar 25 | -15.32 |
| Q2: Jun 25 | -12.54 |
2024
Phillips 66’s annual revenue decreased -2.81% during fiscal year 2024 compared to 2023. It represents a decline of -$4.14 B from $147.26 B (in 2023) to $143.12 B (in 2024).
2023
Phillips 66’s annual revenue decreased -13.44% during fiscal year 2023 compared to 2022. It represents a decline of -$22.86 B from $170.12 B (in 2022) to $147.26 B (in 2023).
2022
Phillips 66’s annual revenue increased +51.97% during fiscal year 2022 compared to 2021. It represents a growth of $58.17 B from $111.94 B (in 2021) to $170.12 B (in 2022).
2021
Phillips 66’s annual revenue increased +75.76% during fiscal year 2021 compared to 2020. It represents a growth of $48.25 B from $63.69 B (in 2020) to $111.94 B (in 2021).
2020
Phillips 66’s annual revenue decreased -40.72% during fiscal year 2020 compared to 2019. It represents a decline of -$43.75 B from $107.44 B (in 2019) to $63.69 B (in 2020).
2019
Phillips 66’s annual revenue decreased -3.44% during fiscal year 2019 compared to 2018. It represents a decline of -$3.83 B from $111.27 B (in 2018) to $107.44 B (in 2019).
2018
Phillips 66’s annual revenue increased +24.26% during fiscal year 2018 compared to 2017. It represents a growth of $21.72 B from $89.55 B (in 2017) to $111.27 B (in 2018).
2017
Phillips 66’s annual revenue increased +25.51% during fiscal year 2017 compared to 2016. It represents a growth of $18.20 B from $71.35 B (in 2016) to $89.55 B (in 2017).
2016
Phillips 66’s annual revenue decreased -16.09% during fiscal year 2016 compared to 2015. It represents a decline of -$13.68 B from $85.03 B (in 2015) to $71.35 B (in 2016).
2015
Phillips 66’s annual revenue decreased -41.70% during fiscal year 2015 compared to 2014. It represents a decline of -$60.82 B from $145.86 B (in 2014) to $85.03 B (in 2015).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2024 | $143.12 B | -2.81% |
| 2023 | $147.26 B | -13.44% |
| 2022 | $170.12 B | +51.97% |
| 2021 | $111.94 B | +75.76% |
| 2020 | $63.69 B | -40.72% |
| 2019 | $107.44 B | -3.44% |
| 2018 | $111.27 B | +24.26% |
| 2017 | $89.55 B | +25.51% |
| 2016 | $71.35 B | -16.09% |
| 2015 | $85.03 B | -41.70% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q2: Jun 25 | $33.32 B | -12.54% |
| Q1: Mar 25 | $30.50 B | -15.32% |
| Q4: Dec 24 | $33.71 B | -11.40% |
| Q3: Sep 24 | $35.29 B | -11.73% |
| Q2: Jun 24 | $38.10 B | 9.23% |
| Q1: Mar 24 | $36.01 B | 4.85% |
| Q4: Dec 23 | $38.05 B | -5.54% |
| Q3: Sep 23 | $39.98 B | -10.20% |
| Q2: Jun 23 | $34.88 B | -28.40% |
| Q1: Mar 23 | $34.35 B | -6.16% |
| Q4: Dec 22 | $40.28 B | 23.79% |
| Q3: Sep 22 | $44.52 B | 46.18% |
| Q2: Jun 22 | $48.71 B | 79.12% |
| Q1: Mar 22 | $36.60 B | 68.27% |
| Q4: Dec 21 | $32.54 B | 97.32% |
| Q3: Sep 21 | $30.46 B | 91.45% |
| Q2: Jun 21 | $27.20 B | 145.15% |
| Q1: Mar 21 | $21.75 B | 7.68% |
| Q4: Dec 20 | $16.49 B | -43.49% |
| Q3: Sep 20 | $15.91 B | -41.40% |
| Q2: Jun 20 | $11.09 B | -60.14% |
| Q1: Mar 20 | $20.20 B | -13.23% |
| Q4: Dec 19 | $29.19 B | 1.77% |
| Q3: Sep 19 | $27.15 B | -9.16% |
| Q2: Jun 19 | $27.83 B | -4.42% |
| Q1: Mar 19 | $23.28 B | -1.30% |
| Q4: Dec 18 | $28.68 B | 8.21% |
| Q3: Sep 18 | $29.89 B | 35.88% |
| Q2: Jun 18 | $29.12 B | 40.34% |
| Q1: Mar 18 | $23.59 B | 19.19% |
| Q4: Dec 17 | $26.50 B | 29.80% |
| Q3: Sep 17 | $22.00 B | 20.37% |
| Q2: Jun 17 | $20.75 B | -5.04% |
| Q1: Mar 17 | $19.79 B | 13.68% |
| Q4: Dec 16 | $20.42 B | -6.74% |
| Q3: Sep 16 | $18.27 B | -29.15% |
| Q2: Jun 16 | $21.85 B | -23.37% |
| Q1: Mar 16 | $17.41 B | -23.57% |
| Q4: Dec 15 | $21.89 B | -37.38% |
| Q3: Sep 15 | $25.79 B | -36.19% |
| Q2: Jun 15 | $28.51 B | -37.40% |
| Q1: Mar 15 | $22.78 B | -43.46% |
