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Phillips 66 PSX Compensation and benefits

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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:DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits.

The official record: Phillips 66’s 10-K, filed February 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Phillips 66's compensation and benefits?
Phillips 66 (PSX) reported compensation and benefits of $296M in Q4 2025.
How has Phillips 66's compensation and benefits changed year-over-year?
Phillips 66's compensation and benefits decreased by 16.6% year-over-year, from $355M to $296M.
What is the long-term trend for Phillips 66's compensation and benefits?
Over 5 years (2020 to 2025), Phillips 66's compensation and benefits has grown at a -9.9% compound annual growth rate (CAGR), from $499M to $296M.
What does compensation and benefits mean?
This metric represents deferred tax assets arising from compensation and benefit expenses that are recognized for financial reporting but are not yet deductible for tax purposes. It reflects the future tax benefit the company will receive when these expenses are eventually paid and become tax-deductible. This is a key indicator of future tax savings related to employee compensation.