Stocks Comparison
Chevron vs Phillips 66: revenue, profit, margins and growth compared
Chevron brought in $189B of revenue in fiscal 2025, Phillips 66 $132.4B in fiscal 2025. Revenue changed by -6.8% at Chevron and -7.5% at Phillips 66 on the year before, so Chevron grew faster. Chevron kept 6.5% of its revenue as net profit, Phillips 66 3.3%.
Side by side, latest fiscal year
| CVX | PSX | |
|---|---|---|
| Fiscal year ended | FY2025 (December 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $189B | $132.4B |
| Revenue growth | -6.8% | -7.5% |
| Net income | $12.3B | $4.4B |
| Net margin | 6.5% | 3.3% |
| Free cash flow | $16.6B | n/a |
| Free cash flow margin | 8.8% | n/a |
| Earnings per share (diluted) | $6.63 | $10.79 |
| Cash | $7.3B | $1.1B |
| Debt | $2.3B | $19.7B |
| Price to earnings | 30.8 | 23.7 |
| Market value | $403.9B | $102B |
| Dividend yield | 3.35% | 1.86% |
| Rank by revenue in sector | #2 of 129 · Energy | #4 of 129 · Energy |
Over the years
Questions about Chevron and Phillips 66
Which is bigger by revenue, Chevron or Phillips 66?
Chevron is bigger by revenue: $189B in fiscal 2025, against $132.4B for Phillips 66 in fiscal 2025.
Which keeps more of its revenue as profit, Chevron or Phillips 66?
Chevron had a net margin of 6.5% in fiscal 2025; Phillips 66 had 3.3% in fiscal 2025.
Which grew revenue faster, Chevron or Phillips 66?
In their latest fiscal years revenue changed by -6.8% at Chevron and -7.5% at Phillips 66.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.