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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 740.38 Bn | 696.87 Bn | - | 3.38 |
| 2 | Chevron | 445.14 Bn | 417.26 Bn | 33.45 Bn | 3.45 |
| 3 | Shell | 309.80 Bn | 239.54 Bn | 30.13 Bn | 4.53 |
| 4 | TotalEnergies SE | 198.54 Bn | 79.12 Bn | 61.77 Bn | 2.60 |
| 5 | Conocophillips | 176.75 Bn | 149.45 Bn | 12.81 Bn | 3.84 |
| 6 | Equinor Asa | 119.14 Bn | 33.59 Bn | - | - |
| 7 | Phillips 66 | 115.88 Bn | 103.67 Bn | 8.38 Bn | 7.57 |
| 8 | Canadian Natural Resources | 113.61 Bn | 110.62 Bn | 8.84 Bn | 3.45 |
| 9 | Suncor Energy | 95.74 Bn | 81.49 Bn | - | 7.05 |
| 10 | Eni Spa | 89.65 Bn | 34.21 Bn | - | 3.93 |
Historic Data
Download Data
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 |
API Access
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_KEYimport 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();