Phillips 66 (MEX:PSX) EBIT: MXN112,651 Mil (TTM As of Mar. 2026)


MEX:PSX Phillips 66 MEX:PSX
66 GF Score
Price MXN3,169.00
GF Value MXN2,552.07
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Phillips 66 EBIT?

Phillips 66 MEX:PSX 66 EBIT is MXN112,651 Mil as of Mar. 2026. GuruFocus rates MEX:PSX with a GF Score™ of 66/100 and a GF Value™ of MXN2,552.07 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Phillips 66's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was MXN10,062 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was MXN112,651 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Phillips 66's annualized ROC % for the quarter that ended in Mar. 2026 was 0.61%. Phillips 66's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Phillips 66's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.07%.


Phillips 66  (MEX:PSX) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Phillips 66's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=8222.912 * ( 1 - 15.77% )/( (1097555.45 + 1181754.962)/ 2 )
=6926.1587776/1139655.206
=0.61 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1326659.977 - 209010.166 - ( 20094.361 - max(0, 239943.958 - 310976.445+20094.361))
=1097555.45

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=1516261.548 - 276711.782 - ( 92868.405 - max(0, 436229.046 - 494023.85+92868.405))
=1181754.962

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Phillips 66's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=40248.988/( ( (703968.853 + max(69628.043, 0)) + (705962.173 + max(117266.649, 0)) )/ 2 )
=40248.988/( ( 773596.896 + 823228.822 )/ 2 )
=40248.988/798412.859
=5.04 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(175933.695 + 91775.053 + 23173.336) - (209010.166 + 0 + 12243.875)
=69628.043

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(214769.457 + 121233.842 + 65152.146) - (276711.782 + 0 + 7177.014)
=117266.649

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Phillips 66's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=112651.364/1593107.166
=7.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Phillips 66 EBIT Related Terms


Phillips 66 EBIT Historical Data

* Premium members only.

The historical data trend for Phillips 66's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Phillips 66 EBIT Chart

Phillips 66 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48,105.33 297,918.38 176,447.31 75,539.35 117,145.08

Phillips 66 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18,023.67 26,247.91 8,621.77 67,719.44 10,062.25

MEX:PSX vs MPC, VLO, DINO: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Phillips 66's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Phillips 66 EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Phillips 66's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Phillips 66's EV-to-EBIT falls into.


MEX:PSX
66GF Score
Phillips 66 MEX:PSX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Phillips 66 EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN112,651 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of MXN112,651 Mil mean?
Phillips 66 (MEX:PSX) has a EBIT of MXN112,651 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Phillips 66.
Is Phillips 66's EBIT too high?
Phillips 66's current EBIT is MXN112,651 Mil. Overall, Phillips 66 has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phillips 66's EBIT compare to MPC and VLO?
Phillips 66's EBIT of MXN112,651 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Phillips 66. Phillips 66's current EBIT is MXN112,651 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phillips 66 stock overvalued right now?
Based on GuruFocus' analysis, Phillips 66 (MEX:PSX) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,552.07, compared to a current price of MXN3,169.00 — trading 24.2% above its estimated fair value. The current EBIT is MXN112,651 Mil. Phillips 66's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Phillips 66 (MEX:PSX), the current EBIT is MXN112,651 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Phillips 66 (MEX:PSX) Overvalued in 2026?

Based on GuruFocus' analysis, Phillips 66 stock appears to be overvalued. The current stock price of MXN3,169.00 is trading 24.2% above its estimated GF Value™ of MXN2,552.07. GuruFocus considers Phillips 66 to be Modestly Overvalued.

Key valuation signals for MEX:PSX:

  • EBIT: MXN112,651 Mil
  • GF Value™: MXN2,552.07 vs. price of MXN3,169.00 (24.2% above fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the MEX:PSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Phillips 66 Business Description

Industry EnergyOil & Gas
Address 2331 CityWest Boulevard, Houston, TX, USA, 77042
Phillips 66 is an independent refiner that owns or holds interest in 10 refineries with a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, at the end of 2025. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crude oil, refined petroleum product, NGL and natural gas pipeline systems, and a comprehensive set of refined petroleum product, NGL and crude oil terminals, gathering and processing plants and fractionation facilities and various other storage and loading facilities. Its CPChem chemical joint venture operates facilities primarily in the United States and the Middle East and produces olefins and polyolefins.
66GF Score

Get the complete analysis for MEX:PSX

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,169.00
Price
MXN2,552.07
GF Value