Phillips 66 (PSX) Dividend Coverage Ratio (2012 - 2025)
Phillips 66's (PSX) Dividend Coverage Ratio stood at 11.14 in Q3 2026, compared with 0.27 a year earlier and up 47.1% from the prior quarter.
Phillips 66 (PSX) Dividend Coverage Ratio (2012 - 2025) Analysis & Trends
On a TTM basis, Phillips 66's Dividend Coverage Ratio came in at 6.28 as of Sep 30, 2026, up 697.7% 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 Q3 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 six quarters, with growth averaging 7.7%.
- 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 7.57 (Q2 2026), 0.41 (Q1 2026) and 6.03 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Yr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 702.68 Bn | 660.83 Bn | - | 1.67 |
| 2 | Chevron | 429.10 Bn | 401.22 Bn | 33.45 Bn | 0.96 |
| 3 | Shell | 298.97 Bn | 159.24 Bn | - | 2.07 |
| 4 | TotalEnergies SE | 197.58 Bn | 68.66 Bn | 31,614.00 | 1.55 |
| 5 | Eni Spa | 171.13 Bn | 110.76 Bn | - | 0.85 |
| 6 | Conocophillips | 166.75 Bn | 139.46 Bn | 12.81 Bn | 2.00 |
| 7 | Equinor Asa | 111.54 Bn | 24.39 Bn | 4.49 Bn | 1.05 |
| 8 | Canadian Natural Resources | 103.31 Bn | 100.32 Bn | 8.84 Bn | 2.22 |
| 9 | Phillips 66 | 100.98 Bn | 84.77 Bn | 10.69 Bn | 2.29 |
| 10 | Suncor Energy | 86.65 Bn | 67.34 Bn | - | 2.25 |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.29 |
| Dec 31, 2024 | 1.12 |
| Dec 31, 2023 | 3.73 |
| Dec 31, 2022 | 6.15 |
| Dec 31, 2021 | 0.83 |
| Dec 31, 2020 | -2.52 |
| Dec 31, 2019 | 1.96 |
| Dec 31, 2018 | 3.90 |
| Dec 31, 2017 | 3.66 |
| Dec 31, 2016 | 1.21 |
| Dec 31, 2015 | 3.61 |
| Dec 31, 2014 | 4.48 |
| Dec 31, 2013 | 4.62 |
| Dec 31, 2012 | 14.62 |
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-annual&ticker=PSX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio-annual", "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-annual&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();