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Phillips 66 PSX Less: Fair value of plan assets at end of period

Less: Fair value of plan assets at end of period at other companies

Phillips 66 logo
Phillips 66PSX
$235M+23.7%
Ametek logo
AmetekAME
$847.31M+8.2%
Arthur J. Gallagher logo
Arthur J. GallagherAJG
$20M-93.6%
MSCI logo
MSCIMSCI
$22.8M-27.4%
Carrier Global logo
Carrier GlobalCARR
$540M+6.5%
L3Harris Technologies logo
L3Harris TechnologiesLHX
$7.53B-12.5%

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$67.61B+33.0%
P/E16.4×-11.0×
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:DefinedBenefitPlanFairValueOfPlanAssets.

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 less: fair value of plan assets at end of period?
Phillips 66 (PSX) reported less: fair value of plan assets at end of period of $235M in Q4 2025.
What is the long-term trend for Phillips 66's less: fair value of plan assets at end of period?
Over 3 years (2022 to 2025), Phillips 66's less: fair value of plan assets at end of period has grown at a 162.4% compound annual growth rate (CAGR), from $13M to $235M.
What does less: fair value of plan assets at end of period mean?
This metric measures the total market value of all assets held within a company's defined benefit pension plans at the end of the reporting period. These assets are intended to cover future benefit obligations to employees. It is a key indicator of the plan's funding status when compared against the projected benefit obligation.