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Phillips 66 PSX Current ratio

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Other financials

Income statement

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Revenue$51.0B+53.1%
Gross profit$7.3B+72.9%
Net income$3.8B+339%
EPS (diluted)$9.55+344%

Balance sheet

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Cash & equivalents$4.1B+290%
Total debt$20.6B
Total equity$31.5B+14.6%
Total assets$81.8B+7.7%

Cash flow

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Operating cash flow$7.3B+759%

Valuation

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Market cap$81.21B+67.7%
Enterprise value$97.68B
P/E11.5×-16.7×
P/S0.5×+0.2×

Profitability

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Gross margin13.1%+3.1pp
Net margin4.7%+3.4pp

Returns & leverage

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Return on equity24%+18.0pp
Debt / equity0.7×

Where this comes from

Calculated from Phillips 66’s reported figures.

Based on the most recent quarter.

The source filing: Phillips 66’s 10-Q, filed August 5, 2026. Open the filing →

Filed
Aug 5, 2026, 4:43 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001534701-26-000032

FAQ

What is Phillips 66's current ratio?
Phillips 66 (PSX) reported current ratio of 1.3× in Q2 2026.
How has Phillips 66's current ratio changed year-over-year?
Phillips 66's current ratio increased by 23.3% year-over-year, from 1.1× to 1.3×.
What is the long-term trend for Phillips 66's current ratio?
Over 5 years (2020 to 2025), Phillips 66's current ratio has grown at a -1.5% compound annual growth rate (CAGR), from 1.4× to 1.3×.
What does current ratio mean?
Current assets divided by current liabilities at the quarter end. Measures the company's ability to cover near-term obligations with near-term assets.

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