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Phillips 66 PSX Investments

Investments at other companies

PennyMac Financial Services, Inc. logo
PennyMac Financial Services, Inc.PFSI
$875K-20.4%
Choice Hotels International logo
Choice Hotels InternationalCHH
$132.85M+8.8%
Phillips Edison & Company logo
Phillips Edison & CompanyPECO
$43.01M+23.8%
LTC Properties logo
LTC PropertiesLTC
$12.56M-28.7%
St. Joe Company logo
St. Joe CompanyJOE
$68.08M-5.2%
Independence Realty Trust logo
Independence Realty TrustIRT
$66.56M-34.5%

Segments

By segment

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Chemicals$8.02B+1.5%
Midstream$2.1B-7.3%
M&S$1.33B
Refining$70M-96.9%
Renewable Fuels$15M0.0%

Other financials

Income statement

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Revenue$32.5B+6.9%
Gross profit$3.3B+20.0%
Net income$207.0M-57.5%
EPS (diluted)$0.51-56.8%

Balance sheet

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Cash & equivalents$5.2B+246%
Total debt$21.7B+0.7%
Total equity$28.5B+4.6%
Total assets$84.1B+17.0%

Cash flow

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Operating cash flow-$2.3B-1,311%

Valuation

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Market cap$68.86B+35.5%
P/E16.7×-10.7×
P/S0.5×+0.1×

Profitability

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Gross margin12.5%+3.4pp
Net margin3.1%+1.7pp

Returns & leverage

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Return on equity14.8%+8.3pp
Debt / equity0.7×0.0×
Current ratio1.1×-0.1×

Where this comes from

Reported directly by Phillips 66 in its filing.

Tagged under the XBRL concept us-gaap:InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures.

The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Phillips 66's investments?
Phillips 66 (PSX) reported investments of $11.5B in Q1 2026.
How has Phillips 66's investments changed year-over-year?
Phillips 66's investments decreased by 11.7% year-over-year, from $13.01B to $11.5B.
What is the long-term trend for Phillips 66's investments?
Over 4 years (2021 to 2025), Phillips 66's investments has grown at a -4.0% compound annual growth rate (CAGR), from $13.44B to $11.43B.
What does investments mean?
This represents the carrying value of investments in joint ventures, partnerships, and other entities where the company exercises significant influence but does not have full control. It reflects the company's strategic participation in external business ventures. This is a key metric for understanding the company's ecosystem and non-consolidated business interests.