earnings
confidence high
sentiment positive
materiality 0.75
Phillips 66 Q4 GAAP EPS $7.17, adj. $2.47; full-year 2025 adj. EPS $6.44
Phillips 66
2025-FY EPS reported
$10.79
revenue$132,376,000,000
- Q4 reported earnings $2.9B ($7.17/diluted); adjusted earnings $1.0B ($2.47/diluted) including $239M pretax accelerated depreciation on L.A. Refinery.
- Full-year 2025 earnings $4.4B ($10.79/diluted); adjusted $2.6B ($6.44) including $964M pretax accelerated depreciation.
- Record NGL transportation and fractionation volumes over 1 MMBD each; record clean product yield 88%, Refining crude utilization 99%.
- Generated $2.8B Q4 operating cash flow; reduced debt by $2.0B to $19.7B; returned $3.1B to shareholders in 2025 (50%+ of operating cash flow).
- Acquired remaining 50% of WRB Refining; sold 65% interest in Germany/Austria retail; announced 2026 capex $2.4B; agreed to acquire Lindsey Oil Refinery.