| Awards & Honours | - Year: 1997 Awards: New Generation Award for 'Boogie Nights' and 'Hard Eight' at the 23rd Los Angeles Film Critics Association Awards
- Year: 2000 Awards: Golden Bear for 'Magnolia' at the 50th Berlin International Film Festival
- Year: 2002 Awards: Best Director for 'Punch-Drunk Love' at the 55th Cannes Film Festival
- Year: 2007 Awards: Best Picture and Best Director for 'There Will Be Blood' at the 33rd Los Angeles Film Critics Association Awards, Best Picture and Best Director for 'There Will Be Blood' at the 42nd National Society of Film Critics Awards
- Year: 2008 Awards: Silver Bear for Best Director for 'There Will Be Blood' at the 58th Berlin International Film Festival
- Year: 2012 Awards: Best Director for 'The Master' at the 38th Los Angeles Film Critics Association Awards, Silver Lion for Best Director and FIPRESCI Prize for 'The Master' at the 69th Venice International Film Festival
- Year: 2014 Awards: Best Adapted Screenplay for 'Inherent Vice' at the 86th National Board of Review Awards, Robert Altman Award for 'Inherent Vice' at the 30th Film Independent Spirit Awards
- Year: 2017 Awards: Best Director for 'Phantom Thread' at the 38th Boston Society of Film Critics Awards, Best Original Screenplay for 'Phantom Thread' at the 89th National Board of Review Awards, Best Screenplay for 'Phantom Thread' at the 83rd New York Film Critics Circle Awards
- Year: 2021 Awards: Best Original Screenplay for 'Licorice Pizza' at the 34th Chicago Film Critics Association Awards, Best Director for 'Licorice Pizza' at the 93rd National Board of Review Awards, Best Screenplay for 'Licorice Pizza' at the 87th New York Film Critics Circle Awards, Capri Producer Award for 'Licorice Pizza' at the Capri Hollywood International Film Festival
- Year: 2022 Awards: Best Original Screenplay for 'Licorice Pizza' at the 75th British Academy Film Awards
- Year: 2025 Awards: Best Adapted Screenplay for 'One Battle After Another' at the 46th Boston Society of Film Critics Awards, Best Film, Best Director, and Best Adapted Screenplay for 'One Battle After Another' at the 38th Chicago Film Critics Association Awards, Best Film and Best Director for 'One Battle After Another' at the 51st Los Angeles Film Critics Association Awards, Best Film and Best Director for 'One Battle After Another' at the 97th National Board of Review Awards, Best Picture and Best Director for 'One Battle After Another' at the 60th National Society of Film Critics Awards, Best Film for 'One Battle After Another' at the 91st New York Film Critics Circle Awards, Best Screenwriter for 'One Battle After Another' at the 25th AARP Movies for Grownups Awards, Best Director for 'One Battle After Another' at the Capri Hollywood International Film Festival, Best Feature for 'One Battle After Another' at the 35th Gotham Film Awards
- Year: 2026 Awards: Best Picture, Best Director, and Best Adapted Screenplay for 'One Battle After Another' at the 31st Critics' Choice Awards, Best Director, Best Screenplay, and Best Motion Picture – Musical or Comedy for 'One Battle After Another' at the 83rd Golden Globes, Best Film and Best Direction for 'One Battle After Another' at the 15th Australian Academy of Cinema and Television Arts International Awards, Outstanding Directing – Feature Film award for 'One Battle After Another' at the 78th Directors Guild of America Awards
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