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Phillips 66 PSX Chemicals — Capital Expenditures and Investments

Other segment segments

Midstream
$343M+58.8%
Refining
$210M+19.3%
M&S
$15M
Renewable Fuels
$10M+11.1%

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$103M-29.9%

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 psx:CapitalExpendituresAndInvestments.

The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Phillips 66's chemicals — capital expenditures and investments?
Phillips 66 (PSX) reported chemicals — capital expenditures and investments of $0 in Q1 2026.
What does chemicals — capital expenditures and investments mean?
This metric represents the total cash outflows directed toward the acquisition, maintenance, or expansion of property, plant, and equipment within the chemicals business segment. It reflects the company's commitment to sustaining operational capacity, funding growth projects, and investing in technological upgrades for chemical production facilities. Monitoring this figure helps investors assess the capital intensity and long-term growth strategy of the chemical operations.