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Phillips 66 PSX Equity investments

Equity investments at other companies

OceanFirst Financial logo
OceanFirst FinancialOCFC
$88.24M+1.0%
PennyMac Financial Services, Inc. logo
PennyMac Financial Services, Inc.PFSI
$875K-20.4%
KEE
Keel Infrastructure Corp. Common StockKEEL
$350K
Affiliated Managers Group logo
Affiliated Managers GroupAMG
$2.97B+37.3%
Rockwell Automation logo
Rockwell AutomationROK
$105M-0.9%
Kopin logo
KopinKOPN
$5.74M

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:DeferredTaxLiabilitiesInvestmentInNoncontrolledAffiliates.

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 equity investments?
Phillips 66 (PSX) reported equity investments of $1.09B in Q4 2025.
How has Phillips 66's equity investments changed year-over-year?
Phillips 66's equity investments decreased by 41.3% year-over-year, from $1.86B to $1.09B.
What is the long-term trend for Phillips 66's equity investments?
Over 5 years (2020 to 2025), Phillips 66's equity investments has grown at a -10.1% compound annual growth rate (CAGR), from $1.86B to $1.09B.
What does equity investments mean?
This metric captures the deferred tax liabilities associated with investments in non-controlled entities or joint ventures. It reflects the tax consequences of the difference between the carrying amount of these investments and their tax basis. It is particularly relevant for companies like Phillips 66 that utilize joint ventures for chemical and midstream operations.