Phillips 66 (PSX) Dividend Coverage Ratio (2012 - 2026)
Phillips 66's (PSX) quarterly Dividend Coverage Ratio came in at 7.64 in Q2 2026, up 309.54% on a YoY basis from 1.86 in Q2 2025, and up 1674.72% quarter-over-quarter from 0.43 in Q1 2026.
Analysis
Phillips 66 (PSX) Dividend Coverage Ratio (2012 - 2026) Analysis & Trends
Phillips 66 (PSX) has reported Dividend Coverage Ratio for 15 consecutive years, with 7.64 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 309.54% year-over-year to 7.64; the trailing twelve-month figure through Jun 2026 stood at 3.63 (up 277.96% YoY), and the FY2025 full-year result was 2.36, up 103.85% from the prior year.
- Dividend Coverage Ratio climbed to 7.64 in Q2 2026 per PSX's latest filing, from 0.43 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 11.89 in Q3 2022 and bottomed at 0.05 in Q4 2024.
- Historically, Dividend Coverage Ratio has averaged 3.46 across 5 years, with a median of 2.46 in 2023.
- The sharpest annual moves came in 2024 and 2025: Dividend Coverage Ratio tumbled 98.12% in 2024, then surged 11365.1% in 2025.
- Over 5 years, Dividend Coverage Ratio stood at 4.41 in 2022, then sank by 36.27% to 2.81 in 2023, then sank by 98.12% to 0.05 in 2024, then soared by 11365.1% to 6.07 in 2025, then grew by 25.74% to 7.64 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 7.64, 0.43, and 6.07 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 412.01 Bn | 409.15 Bn | 33.45 Bn | 3.48 |
| 2 | Shell | 263.44 Bn | 223.58 Bn | 30.13 Bn | 5.00 |
| 3 | TotalEnergies SE | 195.33 Bn | 166.15 Bn | 23.46 Bn | 2.60 |
| 4 | Eni Spa | 168.45 Bn | 158.60 Bn | - | -31.31 |
| 5 | Equinor Asa | 105.21 Bn | 95.95 Bn | - | -3.32 |
| 6 | Phillips 66 | 101.74 Bn | 98.84 Bn | 8.38 Bn | 7.64 |
| 7 | Suncor Energy | 80.36 Bn | 74.99 Bn | 17.50 Bn | -5.19 |
| 8 | Imperial Oil | 62.21 Bn | 60.16 Bn | - | 5.20 |
| 9 | Cenovus Energy | 60.98 Bn | 59.03 Bn | 7.32 Bn | -2.46 |
| 10 | Occidental Petroleum | 37.95 Bn | 34.43 Bn | 7.73 Bn | 6.53 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.64 |
| Mar 31, 2026 | 0.43 |
| Dec 31, 2025 | 6.07 |
| Sep 30, 2025 | 0.35 |
| Jun 30, 2025 | 1.86 |
| Mar 31, 2025 | 1.12 |
| Dec 31, 2024 | 0.05 |
| Sep 30, 2024 | 0.77 |
| Jun 30, 2024 | 2.10 |
| Mar 31, 2024 | 1.70 |
| Dec 31, 2023 | 2.81 |
| Sep 30, 2023 | 4.61 |
| Jun 30, 2023 | 3.66 |
| Mar 31, 2023 | 4.27 |
| Dec 31, 2022 | 4.41 |
| Sep 30, 2022 | 11.89 |
| Jun 30, 2022 | 6.81 |
| Mar 31, 2022 | 1.63 |
| Dec 31, 2021 | 3.40 |
| Sep 30, 2021 | 1.24 |