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Revenue breakdown by Products & Services
Revenue breakdown by Geography

Phillips 66's Revenue by Segment

In fiscal year 2023, Phillips 66's revenue by segment (products & services) are as follows:

  • Corporate and Other: $36.00M
  • Marketing and Specialties: $95.42B
  • Marketing And Specialties Segment: $98.77B
  • Midstream: $15.78B
  • Midstream Segment: $18.61B
  • Refining: $36.17B

Learn more about Phillips 66’s Revenue by Geography

Check out competitors to Phillips 66 in a side-by-side comparison.

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The above chart shows Phillips 66's revenue percentage share by segment (products and services).

In fiscal year 2021, Phillips 66's revenue by segment is as follows:

  • Chemicals generated $3.00M in revenue, representing 0% of its total revenue.
  • Chemicals Segment generated $3.00M in revenue, representing 0% of its total revenue.
  • Corporate and Other generated $32.00M in revenue, representing 0.02% of its total revenue.
  • Marketing and Specialties generated $73.93B in revenue, representing 37.09% of its total revenue.
  • Marketing And Specialties Segment generated $75.93B in revenue, representing 38.09% of its total revenue.
  • Midstream generated $8.81B in revenue, representing 4.42% of its total revenue.
  • Midstream Segment generated $11.94B in revenue, representing 5.99% of its total revenue.
  • Refining generated $28.70B in revenue, representing 14.39% of its total revenue.

The biggest segment for Phillips 66 is the Marketing And Specialties Segment, which represents 38.09% of its total revenue.
The smallest segment for Phillips 66 is the Chemicals, which represents 0% of its total revenue.

The above chart shows Phillips 66's revenue percentage share by segment (products and services).

In fiscal year 2022, Phillips 66's revenue by segment is as follows:

  • Corporate and Other generated $34.00M in revenue, representing 0.01% of its total revenue.
  • Marketing and Specialties generated $112.17B in revenue, representing 36.81% of its total revenue.
  • Marketing And Specialties Segment generated $115.62B in revenue, representing 37.94% of its total revenue.
  • Midstream generated $16.19B in revenue, representing 5.31% of its total revenue.
  • Midstream Segment generated $19.12B in revenue, representing 6.27% of its total revenue.
  • Refining generated $41.60B in revenue, representing 13.65% of its total revenue.

The biggest segment for Phillips 66 is the Marketing And Specialties Segment, which represents 37.94% of its total revenue.
The smallest segment for Phillips 66 is the Corporate and Other, which represents 0.01% of its total revenue.

The above chart shows Phillips 66's revenue percentage share by segment (products and services).

In fiscal year 2023, Phillips 66's revenue by segment is as follows:

  • Corporate and Other generated $36.00M in revenue, representing 0.01% of its total revenue.
  • Marketing and Specialties generated $95.42B in revenue, representing 36.04% of its total revenue.
  • Marketing And Specialties Segment generated $98.77B in revenue, representing 37.3% of its total revenue.
  • Midstream generated $15.78B in revenue, representing 5.96% of its total revenue.
  • Midstream Segment generated $18.61B in revenue, representing 7.03% of its total revenue.
  • Refining generated $36.17B in revenue, representing 13.66% of its total revenue.

The biggest segment for Phillips 66 is the Marketing And Specialties Segment, which represents 37.3% of its total revenue.
The smallest segment for Phillips 66 is the Corporate and Other, which represents 0.01% of its total revenue.
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Summary Table

Products & Services (Percent Share) 2021 2022 2023
Marketing And Specialties Segment 38.09% 37.94% 37.3%
Midstream Segment 5.99% 6.27% 7.03%
Refining 14.39% 13.65% 13.66%
Corporate and Other 0.02% 0.01% 0.01%
Midstream 4.42% 5.31% 5.96%
Marketing and Specialties 37.09% 36.81% 36.04%
Total Revenue 100% 100% 100%

The above chart shows the revenue trend of different segments of Phillips 66.

In fiscal year 2023, the Marketing And Specialties Segment generated the most revenue ($98.77B), and the Corporate and Other generated the least revenue ($36.00M).

The above chart shows growth drivers and a year-over-year comparison of different segments' revenue.

  • Corporate and Other revenue increased 5.88% ($2.00M) from $34.00M (in 2022) to $36.00M (in 2023).
  • Marketing and Specialties revenue decreased -14.93% ($16.75B) from $112.17B (in 2022) to $95.42B (in 2023).
  • Marketing And Specialties Segment revenue decreased -14.58% ($16.85B) from $115.62B (in 2022) to $98.77B (in 2023).
  • Midstream revenue decreased -2.53% ($409.00M) from $16.19B (in 2022) to $15.78B (in 2023).
  • Midstream Segment revenue decreased -2.7% ($516.00M) from $19.12B (in 2022) to $18.61B (in 2023).
  • Refining revenue decreased -13.06% ($5.43B) from $41.60B (in 2022) to $36.17B (in 2023).
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    Summary Table

    Products & Services 2021 2022 2023
    Chemicals $3.00M - - - - -
    Chemicals Segment $3.00M - - - - -
    Corporate and Other $32.00M - $34.00M
    6.25%
    $36.00M
    5.88%
    Marketing and Specialties $73.93B - $112.17B
    51.72%
    $95.42B
    14.93%
    Marketing And Specialties Segment $75.93B - $115.62B
    52.27%
    $98.77B
    14.58%
    Midstream $8.81B - $16.19B
    83.69%
    $15.78B
    2.53%
    Midstream Segment $11.94B - $19.12B
    60.18%
    $18.61B
    2.70%
    Refining $28.70B - $41.60B
    44.97%
    $36.17B
    13.06%
    Total Revenue $199.35B - $304.73B
    52.86%
    $264.77B
    13.11%