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Phillips 66 PSX Marketing And Specialties Segment — Gross PP&E

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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 marketing and specialties segment — gross PP&E?
Phillips 66 (PSX) reported marketing and specialties segment — gross PP&E of $1.04B in Q2 2026.
How has Phillips 66's marketing and specialties segment — gross PP&E changed year-over-year?
Phillips 66's marketing and specialties segment — gross PP&E increased by 5.0% year-over-year, from $989M to $1.04B.
What is the long-term trend for Phillips 66's marketing and specialties segment — gross PP&E?
Over 4 years (2021 to 2025), Phillips 66's marketing and specialties segment — gross PP&E has grown at a -8.1% compound annual growth rate (CAGR), from $7.2B to $5.13B.
What does marketing and specialties segment — gross PP&E mean?
This metric represents the total historical cost of all tangible assets, such as terminals, retail sites, and distribution infrastructure, assigned to the Marketing and Specialties business segment. It reflects the cumulative capital investment made to build or acquire the physical capacity required to support downstream marketing and specialty product operations. This figure is reported before accounting for any accumulated depreciation or impairment charges.

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