Non-Current Assets

Total Assets

Phillips 66 Total Assets increased by 14.1% to $84.08B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 17.0%, from $71.84B to $84.08B. Over 5 years (FY 2020 to FY 2025), Total Assets shows an upward trend with a 6.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026

How to read this metric

Growth in total assets typically mirrors the overall expansion of the business, provided it is accompanied by corresponding revenue growth.

Detailed definition

The aggregate value of everything the company owns, including both short-term liquid resources and long-term physical an...

Peer comparison

Used to compare the scale of operations across the industry; larger asset bases generally suggest a more dominant market presence.

Metric ID: total_assets

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$56.98B$56.41B$55.59B$60.64B$62.81B$77.34B$76.44B$77.26B$74.89B$77.79B$75.50B$76.40B$75.95B$75.08B$72.58B$71.84B$75.94B$76.12B$73.68B$84.08B
QoQ Change-1.0%-1.4%+9.1%+3.6%+23.1%-1.2%+1.1%-3.1%+3.9%-2.9%+1.2%-0.6%-1.1%-3.3%-1.0%+5.7%+0.2%-3.2%+14.1%
YoY Change+10.2%+37.1%+37.5%+27.4%+19.2%+0.6%-1.2%-1.1%+1.4%-3.5%-3.9%-6.0%-0.0%+1.4%+1.5%+17.0%
Range$55.59B$84.08B
CAGR+8.5%
Avg YoY Growth+8.6%
Median YoY Growth+1.4%

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Midstream$28.21B$28.49B$28.33B$27.42B$30.19B$30.30B$30.17B$30.35B
Refining$22.02B$21.69B$19.60B$19.73B$21.44B$19.72B$19.44B$22.63B
Chemicals$7.67B$7.91B$7.84B$7.92B$7.89B$7.91B$7.90B$8.02B
Renewable Fuels$3.25B$3.46B$3.14B$3.14B$3.01B$3.06B$3.20B$3.18B
Marketing And Specialties$10.67B$9.87B
Total$75.95B$75.08B$72.58B$71.84B$75.94B$76.12B$73.68B$84.08B

Corporate And Other, Marketing And Specialties were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.

Frequently Asked Questions

What is Phillips 66's total assets?
Phillips 66 (PSX) reported total assets of $84.08B in Q1 2026.
How has Phillips 66's total assets changed year-over-year?
Phillips 66's total assets increased by 17.0% year-over-year, from $71.84B to $84.08B.
What is the long-term trend for Phillips 66's total assets?
Over 5 years (2020 to 2025), Phillips 66's total assets has grown at a 6.1% compound annual growth rate (CAGR), from $54.72B to $73.68B.
What does total assets mean?
The total value of everything the company owns, from cash to buildings.