Phillips 66 annual return on equity
2011
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2025
Phillips 66 Return on Equity (ROE) Growth & History (PSX)
Phillips 66's return on equity was 15.59% for fiscal 2025.
View full Phillips 66 company overviewPhillips 66 annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 15.59% | +8.28 pp |
| 2024 | 2024-12-31 | 7.30% | −16.05 pp |
| 2023 | 2023-12-31 | 23.35% | −21.96 pp |
| 2022 | 2022-12-31 | 45.31% | +38.41 pp |
| 2021 | 2021-12-31 | 6.90% | +25.02 pp |
| 2020 | 2020-12-31 | −18.11% | −30.52 pp |
| 2019 | 2019-12-31 | 12.41% | −10.09 pp |
| 2018 | 2018-12-31 | 22.50% | +0.99 pp |
| 2017 | 2017-12-31 | 21.51% | +14.67 pp |
| 2016 | 2016-12-31 | 6.84% | −12.08 pp |
| 2015 | 2015-12-31 | 18.92% | −2.96 pp |
| 2014 | 2014-12-31 | 21.87% | +4.43 pp |
| 2013 | 2013-12-31 | 17.44% | −1.29 pp |
| 2012 | 2012-12-31 | 18.73% | −0.65 pp |
| 2011 | 2011-12-31 | 19.38% | — |
Phillips 66 quarterly return on equity
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| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 12.82% | +9.61 pp |
| Q1 2026 | 2026-03-31 | 0.72% | −1.06 pp |
| Q4 2025 | 2025-12-31 | 10.38% | +10.35 pp |
| Q3 2025 | 2025-09-30 | 0.49% | −0.70 pp |
| Q2 2025 | 2025-06-30 | 3.20% | −0.23 pp |
| Q1 2025 | 2025-03-31 | 1.78% | −0.70 pp |
| Q4 2024 | 2024-12-31 | 0.03% | −4.08 pp |
| Q3 2024 | 2024-09-30 | 1.19% | −5.72 pp |
| Q2 2024 | 2024-06-30 | 3.43% | −2.21 pp |
| Q1 2024 | 2024-03-31 | 2.48% | −4.08 pp |
| Q4 2023 | 2023-12-31 | 4.10% | −2.42 pp |
| Q3 2023 | 2023-09-30 | 6.91% | −13.63 pp |
| Q2 2023 | 2023-06-30 | 5.64% | −8.10 pp |
| Q1 2023 | 2023-03-31 | 6.56% | +3.72 pp |
| Q4 2022 | 2022-12-31 | 6.53% | −0.30 pp |
| Q3 2022 | 2022-09-30 | 20.53% | +18.32 pp |
| Q2 2022 | 2022-06-30 | 13.74% | +12.10 pp |
| Q1 2022 | 2022-03-31 | 2.84% | +6.38 pp |
| Q4 2021 | 2021-12-31 | 6.82% | +9.61 pp |
| Q3 2021 | 2021-09-30 | 2.22% | +6.17 pp |
| Q2 2021 | 2021-06-30 | 1.64% | +2.31 pp |
| Q1 2021 | 2021-03-31 | −3.54% | +7.25 pp |
| Q4 2020 | 2020-12-31 | −2.79% | −5.74 pp |
| Q3 2020 | 2020-09-30 | −3.95% | −6.82 pp |
| Q2 2020 | 2020-06-30 | −0.67% | −6.49 pp |
| Q1 2020 | 2020-03-31 | −10.79% | −11.62 pp |
| Q4 2019 | 2019-12-31 | 2.96% | −6.38 pp |
| Q3 2019 | 2019-09-30 | 2.87% | −3.64 pp |
| Q2 2019 | 2019-06-30 | 5.82% | −0.21 pp |
| Q1 2019 | 2019-03-31 | 0.83% | −1.39 pp |
| Q4 2018 | 2018-12-31 | 9.34% | −4.10 pp |
| Q3 2018 | 2018-09-30 | 6.51% | +2.84 pp |
| Q2 2018 | 2018-06-30 | 6.02% | +3.56 pp |
| Q1 2018 | 2018-03-31 | 2.23% | −0.16 pp |
| Q4 2017 | 2017-12-31 | 13.43% | +12.71 pp |
| Q3 2017 | 2017-09-30 | 3.67% | +1.43 pp |
| Q2 2017 | 2017-06-30 | 2.46% | +0.29 pp |
| Q1 2017 | 2017-03-31 | 2.39% | +0.71 pp |
| Q4 2016 | 2016-12-31 | 0.72% | −2.09 pp |
| Q3 2016 | 2016-09-30 | 2.23% | −4.69 pp |
| Q2 2016 | 2016-06-30 | 2.17% | −2.41 pp |
| Q1 2016 | 2016-03-31 | 1.68% | −2.88 pp |
| Q4 2015 | 2015-12-31 | 2.81% | −2.49 pp |
| Q3 2015 | 2015-09-30 | 6.92% | +1.47 pp |
| Q2 2015 | 2015-06-30 | 4.58% | +0.56 pp |
| Q1 2015 | 2015-03-31 | 4.55% | −2.70 pp |
| Q4 2014 | 2014-12-31 | 5.29% | +1.50 pp |
| Q3 2014 | 2014-09-30 | 5.46% | +2.98 pp |
| Q2 2014 | 2014-06-30 | 4.02% | −0.43 pp |
| Q1 2014 | 2014-03-31 | 7.26% | +0.57 pp |
| Q4 2013 | 2013-12-31 | 3.80% | +0.37 pp |
| Q3 2013 | 2013-09-30 | 2.48% | −5.62 pp |
| Q2 2013 | 2013-06-30 | 4.46% | −0.93 pp |
| Q1 2013 | 2013-03-31 | 6.68% | +4.04 pp |
| Q4 2012 | 2012-12-31 | 3.42% | −4.74 pp |
| Q3 2012 | 2012-09-30 | 8.09% | — |
| Q2 2012 | 2012-06-30 | 5.39% | — |
| Q1 2012 | 2012-03-31 | 2.64% | — |
| Q4 2011 | 2011-12-31 | 8.16% | — |
Phillips 66 return on equity trends
Over the last five fiscal years, Phillips 66's return on equity increased from −18.11% to 15.59%, a change of +33.70 percentage points. The latest reported quarter, Q2 2026, shows 12.82%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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