• Phillips 66 average return on equity for 2023 was 29.17, a 0.55% decline from 2022.
• Phillips 66 average return on equity for 2022 was 29.01, a 940.87% increase from 2021.
• Phillips 66 average return on equity for 2021 was -3.45, a 56.88% decline from 2020.

Roe - return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.