What is Phillips 66's M&S — total assets?

Phillips 66 (PSX) reported M&S — total assets of $12.64B in Q1 2026.

How has Phillips 66's M&S — total assets changed year-over-year?

Phillips 66's M&S — total assets increased by 21.7% year-over-year, from $10.38B to $12.64B.

What does M&S — total assets mean?

This represents the total book value of all assets controlled by the Marketing & Specialties segment, including property, plant, equipment, and working capital. It provides a measure of the scale and asset intensity of the segment.

Phillips 66 PSX M&S — Total Assets

Other segment segments

Midstream

$30.35B+10.7%

Refining

$22.63B+14.7%

Chemicals

$8.02B+1.2%

Renewable Fuels

$3.18B+1.2%

Similar metrics at other companies

ARMarketing — Total Assets

$19.14M+118%

CMarkets — Total Assets

$1.28T+9.9%

BURAsset Management and Other Services — Total Assets

$212.33M+8.0%

OXYMidstream and marketing — Total Assets

$15.22B+7.9%

MUSAMarketing — Total consolidated assets

$4.59B+6.3%

JEFInvestment Banking and Capital Markets — Total Assets

$68.93B+6.2%

Other financials

Income statement

See full

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

See full

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

See full

Operating cash flow-$2.3B-1,311%

Valuation

See full

Market cap$67.61B+33.0%

P/E16.4×-11.0×

P/S0.5×+0.1×

Profitability

See full

Gross margin12.5%+3.4pp

Net margin3.1%+1.7pp

Returns & leverage

See full

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:Assets.

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 M&S — total assets?: Phillips 66 (PSX) reported M&S — total assets of $12.64B in Q1 2026.
How has Phillips 66's M&S — total assets changed year-over-year?: Phillips 66's M&S — total assets increased by 21.7% year-over-year, from $10.38B to $12.64B.
What does M&S — total assets mean?: This represents the total book value of all assets controlled by the Marketing & Specialties segment, including property, plant, equipment, and working capital. It provides a measure of the scale and asset intensity of the segment.