PSX

NYSE

Phillips 66

Energy, Oil & Gas Refining & Marketing

$203.91

close 7 Aug 2026

+72.26%

52-week change

$81.36B

market cap

$118.07

$216.08

52-week range

Expected price

$224.84 – $274.80

Current price

$203.91

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)11.64x

P/S (TTM)0.53x

P/B2.58x

EV/EBITDA (TTM)7.71x

FCF yield (TTM)—

PEG (TTM, GAAP)—

Context

P/E, own 5-year average15.77x

P/E, sector median15.54x*

Price at 5-year median P/E$206.73*

Indicated dividend yield2.49%

Forward — analyst consensus

Forward P/E (FY2026)7.99x*

Forward P/E (FY2027)10.24x

Forward PEG—*

Consensus EPS FY2026 (13 analysts)$25.52

EPS growth (FY2026→FY2027)-21.98%

Revenue growth (FY2026)19.54%

Street view

Price target (mean)$214.26*

Target upside5.08%

Ratings (buy / hold / sell)12 / 6 / 2

FY2026 EPS revisions, 30d (up / down)13 / 2

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$203.91

Cash & equivalents$4.10B

Total debt$20.57B

Shares outstanding399.02M

Result

DCF price per share$15.33

Current price$203.91

Margin of safety-92.48%

PV of years 1–10$12.47B

PV of terminal value$10.11B

Equity value$6.12B

Market-implied growth+10.88%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$2.51B	$2.30B	$2.12B	$1.95B	$1.79B	$1.64B	$1.51B	$1.39B	$1.27B	$1.17B	$21.83B
PV	$2.32B	$1.98B	$1.68B	$1.43B	$1.22B	$1.04B	$880.88M	$749.48M	$637.68M	$542.56M	$10.11B

period to 30 Jun 2026, filed 5 Aug 2026, close 7 Aug 2026