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Phillips 66 PSX PP&E (Gross)

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Segments

By segment

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Midstream$30.85B+6.6%
Refining$22.88B+0.3%
Renewable Fuels$3.79B+1.6%
Marketing And Specialties Segment$1.04B+5.0%
Chemicals$0

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$81.36B+70.1%
Enterprise value$97.83B
P/E11.5×-16.4×
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×
Current ratio1.3×+0.2×

Where this comes from

Reported directly by Phillips 66 in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization.

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

Filed
Aug 5, 2026, 4:43 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001534701-26-000032
Line itemMillions of Dollars / June 30, 2026 / Gross PP&EMillions of Dollars / June 30, 2026 / Accum.D&AMillions of Dollars / June 30, 2026 / Net PP&EMillions of Dollars / December 31, 2025 / Gross PP&EMillions of Dollars / December 31, 2025 / Accum.D&AMillions of Dollars / December 31, 2025 / Net PP&E
Midstream$30,8516,39124,46029,5585,77123,787
Chemicals
Refining22,88010,94011,94025,95513,68512,270
Marketing and Specialties1,0385624761,014543471
Renewable Fuels3,7921,8131,9793,7721,7622,010
Corporate and Other4,5983,8047941,492933559
$63,15923,51039,64961,79122,69439,097

Item 1. FINANCIAL STATEMENTS

FAQ

What is Phillips 66's PP&E (gross)?
Phillips 66 (PSX) reported PP&E (gross) of $63.16B in Q2 2026.
How has Phillips 66's PP&E (gross) changed year-over-year?
Phillips 66's PP&E (gross) increased by 8.6% year-over-year, from $58.14B to $63.16B.
What is the long-term trend for Phillips 66's PP&E (gross)?
Over 5 years (2020 to 2025), Phillips 66's PP&E (gross) has grown at a 9.0% compound annual growth rate (CAGR), from $40.22B to $61.79B.
What does PP&E (gross) mean?
Total cost of all property, plant, and equipment before deducting accumulated depreciation — the gross investment in tangible assets.

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