Phillips 66's Revenue
- Phillips 66's annual revenue was $143.15 B in fiscal year 2024. The annual revenue decreased -$4.25 B from $147.40 B (in 2023) to $143.15 B (in 2024), representing a -2.88% year-over-year decline.
- Phillips 66's quarterly revenue was $33.69 B in the quarter ending Dec 2024. The quarterly revenue decreased -$4.59 B from $38.27 B (in Q4: Sept 2023) to $33.69 B (in Q4: Sept 2024), representing a -11.98% year-over-year decline.
- The highest annual revenue for Phillips 66 was $169.99 B in fiscal year 2022.
- The lowest annual revenue was $64.13 B in fiscal year 2020.
- The average revenue was $114.05 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 :
| 2014 | 161212000000.00 |
|---|---|
| 2015 | 98975000000.00 |
| 2016 | 84279000000.00 |
| 2017 | 102354000000.00 |
| 2018 | 111461000000.00 |
| 2019 | 107293000000.00 |
| 2020 | 64129000000.00 |
| 2021 | 111476000000.00 |
| 2022 | 169990000000.00 |
| 2023 | 147399000000.00 |
| 2024 | 143153000000.00 |
| 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 | 21624000000.00 |
| Dec 2016 | 23397000000.00 |
| Mar 2017 | 22894000000.00 |
| Jun 2017 | 24087000000.00 |
| Sep 2017 | 25627000000.00 |
| Dec 2017 | 29746000000.00 |
| Mar 2018 | 23595000000.00 |
| Jun 2018 | 28980000000.00 |
| Sep 2018 | 29788000000.00 |
| Dec 2018 | 29098000000.00 |
| Mar 2019 | 23103000000.00 |
| Jun 2019 | 27847000000.00 |
| Sep 2019 | 27218000000.00 |
| Dec 2019 | 29125000000.00 |
| Mar 2020 | 20878000000.00 |
| Jun 2020 | 10913000000.00 |
| Sep 2020 | 15929000000.00 |
| Dec 2020 | 16409000000.00 |
| Mar 2021 | 21627000000.00 |
| Jun 2021 | 27002000000.00 |
| Sep 2021 | 30243000000.00 |
| Dec 2021 | 32604000000.00 |
| Mar 2022 | 36179000000.00 |
| Jun 2022 | 48577000000.00 |
| Sep 2022 | 44955000000.00 |
| Dec 2022 | 40279000000.00 |
| Mar 2023 | 34396000000.00 |
| Jun 2023 | 35090000000.00 |
| Sep 2023 | 39643000000.00 |
| Dec 2023 | 38270000000.00 |
| Mar 2024 | 35811000000.00 |
| Jun 2024 | 38100000000.00 |
| Sep 2024 | 35528000000.00 |
| Dec 2024 | 33685000000.00 |
2024
Phillips 66's annual revenue was $143.15 B in fiscal year 2024.
Phillips 66's quarterly revenue was $35.81 B(Q1: Mar 2024), $38.10 B(Q2: Jun 2024), $35.53 B(Q3: Sep 2024), $33.69 B(Q4: Dec 2024) in fiscal year 2024.
2023
Phillips 66's annual revenue was $147.40 B in fiscal year 2024.
Phillips 66's quarterly revenue was $34.40 B(Q1: Mar 2023), $35.09 B(Q2: Jun 2023), $39.64 B(Q3: Sep 2023), $38.27 B(Q4: Dec 2023) in fiscal year 2023.
2022
Phillips 66's annual revenue was $169.99 B in fiscal year 2024.
Phillips 66's quarterly revenue was $36.18 B(Q1: Mar 2022), $48.58 B(Q2: Jun 2022), $44.96 B(Q3: Sep 2022), $40.28 B(Q4: Dec 2022) in fiscal year 2022.
2021
Phillips 66's annual revenue was $111.48 B in fiscal year 2024.
Phillips 66's quarterly revenue was $21.63 B(Q1: Mar 2021), $27.00 B(Q2: Jun 2021), $30.24 B(Q3: Sep 2021), $32.60 B(Q4: Dec 2021) in fiscal year 2021.
2020
Phillips 66's annual revenue was $64.13 B in fiscal year 2024.
Phillips 66's quarterly revenue was $20.88 B(Q1: Mar 2020), $10.91 B(Q2: Jun 2020), $15.93 B(Q3: Sep 2020), $16.41 B(Q4: Dec 2020) in fiscal year 2020.
2019
Phillips 66's annual revenue was $107.29 B in fiscal year 2024.
Phillips 66's quarterly revenue was $23.10 B(Q1: Mar 2019), $27.85 B(Q2: Jun 2019), $27.22 B(Q3: Sep 2019), $29.13 B(Q4: Dec 2019) in fiscal year 2019.
2018
Phillips 66's annual revenue was $111.46 B in fiscal year 2024.
Phillips 66's quarterly revenue was $23.60 B(Q1: Mar 2018), $28.98 B(Q2: Jun 2018), $29.79 B(Q3: Sep 2018), $29.10 B(Q4: Dec 2018) in fiscal year 2018.
2017
Phillips 66's annual revenue was $102.35 B in fiscal year 2024.
Phillips 66's quarterly revenue was $22.89 B(Q1: Mar 2017), $24.09 B(Q2: Jun 2017), $25.63 B(Q3: Sep 2017), $29.75 B(Q4: Dec 2017) in fiscal year 2017.
2016
Phillips 66's annual revenue was $84.28 B in fiscal year 2024.
Phillips 66's quarterly revenue was $17.41 B(Q1: Mar 2016), $21.85 B(Q2: Jun 2016), $21.62 B(Q3: Sep 2016), $23.40 B(Q4: Dec 2016) in fiscal year 2016.
2015
Phillips 66's annual revenue was $98.98 B in fiscal year 2024.
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.
| 2014 | 0 |
|---|---|
| 2015 | -38.61 |
| 2016 | -14.85 |
| 2017 | +21.45 |
| 2018 | +8.90 |
| 2019 | -3.74 |
| 2020 | -40.23 |
| 2021 | +73.83 |
| 2022 | +52.49 |
| 2023 | -13.29 |
| 2024 | -2.88 |
| 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 | -16.16 |
| Q4: Dec 16 | 6.87 |
| Q1: Mar 17 | 31.51 |
| Q2: Jun 17 | 10.24 |
| Q3: Sep 17 | 18.51 |
| Q4: Dec 17 | 27.14 |
| Q1: Mar 18 | 3.06 |
| Q2: Jun 18 | 20.31 |
| Q3: Sep 18 | 16.24 |
| Q4: Dec 18 | -2.18 |
| Q1: Mar 19 | -2.09 |
| Q2: Jun 19 | -3.91 |
| Q3: Sep 19 | -8.63 |
| Q4: Dec 19 | 0.09 |
| Q1: Mar 20 | -9.63 |
| Q2: Jun 20 | -60.81 |
| Q3: Sep 20 | -41.48 |
| Q4: Dec 20 | -43.66 |
| Q1: Mar 21 | 3.59 |
| Q2: Jun 21 | 147.43 |
| Q3: Sep 21 | 89.86 |
| Q4: Dec 21 | 98.70 |
| Q1: Mar 22 | 67.29 |
| Q2: Jun 22 | 79.90 |
| Q3: Sep 22 | 48.65 |
| Q4: Dec 22 | 23.54 |
| Q1: Mar 23 | -4.93 |
| Q2: Jun 23 | -27.76 |
| Q3: Sep 23 | -11.82 |
| Q4: Dec 23 | -4.99 |
| Q1: Mar 24 | 4.11 |
| Q2: Jun 24 | 8.58 |
| Q3: Sep 24 | -10.38 |
| Q4: Dec 24 | -11.98 |
2024
Phillips 66’s annual revenue decreased -2.88% during fiscal year 2024 compared to 2023. It represents a decline of -$4.25 B from $147.40 B (in 2023) to $143.15 B (in 2024).
2023
Phillips 66’s annual revenue decreased -13.29% during fiscal year 2023 compared to 2022. It represents a decline of -$22.59 B from $169.99 B (in 2022) to $147.40 B (in 2023).
2022
Phillips 66’s annual revenue increased +52.49% during fiscal year 2022 compared to 2021. It represents a growth of $58.51 B from $111.48 B (in 2021) to $169.99 B (in 2022).
2021
Phillips 66’s annual revenue increased +73.83% during fiscal year 2021 compared to 2020. It represents a growth of $47.35 B from $64.13 B (in 2020) to $111.48 B (in 2021).
2020
Phillips 66’s annual revenue decreased -40.23% during fiscal year 2020 compared to 2019. It represents a decline of -$43.16 B from $107.29 B (in 2019) to $64.13 B (in 2020).
2019
Phillips 66’s annual revenue decreased -3.74% during fiscal year 2019 compared to 2018. It represents a decline of -$4.17 B from $111.46 B (in 2018) to $107.29 B (in 2019).
2018
Phillips 66’s annual revenue increased +8.90% during fiscal year 2018 compared to 2017. It represents a growth of $9.11 B from $102.35 B (in 2017) to $111.46 B (in 2018).
2017
Phillips 66’s annual revenue increased +21.45% during fiscal year 2017 compared to 2016. It represents a growth of $18.08 B from $84.28 B (in 2016) to $102.35 B (in 2017).
2016
Phillips 66’s annual revenue decreased -14.85% during fiscal year 2016 compared to 2015. It represents a decline of -$14.70 B from $98.98 B (in 2015) to $84.28 B (in 2016).
2015
Phillips 66’s annual revenue decreased -38.61% during fiscal year 2015 compared to 2014. It represents a decline of -$62.24 B from $161.21 B (in 2014) to $98.98 B (in 2015).
Summary Table (Annual)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| 2024 | $143.15 B | -2.88% |
| 2023 | $147.40 B | -13.29% |
| 2022 | $169.99 B | +52.49% |
| 2021 | $111.48 B | +73.83% |
| 2020 | $64.13 B | -40.23% |
| 2019 | $107.29 B | -3.74% |
| 2018 | $111.46 B | +8.90% |
| 2017 | $102.35 B | +21.45% |
| 2016 | $84.28 B | -14.85% |
| 2015 | $98.98 B | -38.61% |
Summary Table (Quarterly)
| Period | Revenue | Year-over-Year Change |
|---|---|---|
| Q4: Dec 24 | $33.69 B | -11.98% |
| Q3: Sep 24 | $35.53 B | -10.38% |
| Q2: Jun 24 | $38.10 B | 8.58% |
| Q1: Mar 24 | $35.81 B | 4.11% |
| Q4: Dec 23 | $38.27 B | -4.99% |
| Q3: Sep 23 | $39.64 B | -11.82% |
| Q2: Jun 23 | $35.09 B | -27.76% |
| Q1: Mar 23 | $34.40 B | -4.93% |
| Q4: Dec 22 | $40.28 B | 23.54% |
| Q3: Sep 22 | $44.96 B | 48.65% |
| Q2: Jun 22 | $48.58 B | 79.90% |
| Q1: Mar 22 | $36.18 B | 67.29% |
| Q4: Dec 21 | $32.60 B | 98.70% |
| Q3: Sep 21 | $30.24 B | 89.86% |
| Q2: Jun 21 | $27.00 B | 147.43% |
| Q1: Mar 21 | $21.63 B | 3.59% |
| Q4: Dec 20 | $16.41 B | -43.66% |
| Q3: Sep 20 | $15.93 B | -41.48% |
| Q2: Jun 20 | $10.91 B | -60.81% |
| Q1: Mar 20 | $20.88 B | -9.63% |
| Q4: Dec 19 | $29.13 B | 0.09% |
| Q3: Sep 19 | $27.22 B | -8.63% |
| Q2: Jun 19 | $27.85 B | -3.91% |
| Q1: Mar 19 | $23.10 B | -2.09% |
| Q4: Dec 18 | $29.10 B | -2.18% |
| Q3: Sep 18 | $29.79 B | 16.24% |
| Q2: Jun 18 | $28.98 B | 20.31% |
| Q1: Mar 18 | $23.60 B | 3.06% |
| Q4: Dec 17 | $29.75 B | 27.14% |
| Q3: Sep 17 | $25.63 B | 18.51% |
| Q2: Jun 17 | $24.09 B | 10.24% |
| Q1: Mar 17 | $22.89 B | 31.51% |
| Q4: Dec 16 | $23.40 B | 6.87% |
| Q3: Sep 16 | $21.62 B | -16.16% |
| 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% |
