Phillips 66 (PSX) Dividend Coverage Ratio (2012 - 2026)
Phillips 66's (PSX) Dividend Coverage Ratio stood at 7.57 in Q2 2026, up 320.5% from 1.80 a year earlier.
Phillips 66 (PSX) Dividend Coverage Ratio (2012 - 2026) Analysis & Trends
On a TTM basis, Phillips 66's Dividend Coverage Ratio came in at 3.58 as of Jun 30, 2026, up 296.6% year-over-year; for FY2025, it was 2.29, up 103.7% from FY2024.
- Across earlier years, Dividend Coverage Ratio came in at 1.12 in FY2024 (-69.8%), 3.73 in FY2023 (-39.4%), 6.15 in FY2022 (+640.0%) and 0.83 in FY2021.
- The Q2 2026 figure is the highest quarterly Dividend Coverage Ratio since Q3 2022.
- On a year-over-year basis, Dividend Coverage Ratio rose in 1 of the last seven quarters, with an average decline of 5.4%.
- Peak year-over-year performance for Dividend Coverage Ratio in the last five years was growth of 802.7% in Q2 2022, against a decline of 99.4% in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 0.41 (Q1 2026), 6.03 (Q4 2025) and 0.27 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 548.90 Bn | 459.45 Bn | 30.13 Bn | 5.00 |
| 2 | Chevron | 407.58 Bn | 385.38 Bn | 33.45 Bn | 3.45 |
| 3 | TotalEnergies SE | 199.37 Bn | 82.49 Bn | - | 2.60 |
| 4 | Eni Spa | 174.90 Bn | 124.42 Bn | - | - |
| 5 | Conocophillips | 151.32 Bn | 124.03 Bn | 12.81 Bn | 3.84 |
| 6 | Equinor Asa | 105.71 Bn | 51.77 Bn | - | - |
| 7 | Phillips 66 | 101.18 Bn | 90.17 Bn | 8.38 Bn | 7.57 |
| 8 | Canadian Natural Resources | 99.04 Bn | 95.99 Bn | - | - |
| 9 | Suncor Energy | 82.08 Bn | 67.87 Bn | - | 5.29 |
| 10 | Eog Resources | 73.77 Bn | 58.09 Bn | - | 5.04 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.57 |
| Mar 31, 2026 | 0.41 |
| Dec 31, 2025 | 6.03 |
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 1.80 |
| Mar 31, 2025 | 1.04 |
| Dec 31, 2024 | 0.02 |
| Sep 30, 2024 | 0.73 |
| Jun 30, 2024 | 2.09 |
| Mar 31, 2024 | 1.67 |
| Dec 31, 2023 | 2.76 |
| Sep 30, 2023 | 4.51 |
| Jun 30, 2023 | 3.58 |
| Mar 31, 2023 | 4.03 |
| Dec 31, 2022 | 4.13 |
| Sep 30, 2022 | 11.57 |
| Jun 30, 2022 | 6.78 |
| Mar 31, 2022 | 1.44 |
| Dec 31, 2021 | 3.16 |
| Sep 30, 2021 | 1.02 |
Phillips 66 Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PSX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "PSX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();