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Phillips 66 PSX Midstream — Total Assets

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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: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 midstream — total assets?
Phillips 66 (PSX) reported midstream — total assets of $30.35B in Q1 2026.
How has Phillips 66's midstream — total assets changed year-over-year?
Phillips 66's midstream — total assets increased by 10.7% year-over-year, from $27.42B to $30.35B.
What is the long-term trend for Phillips 66's midstream — total assets?
Over 4 years (2021 to 2025), Phillips 66's midstream — total assets has grown at a 17.4% compound annual growth rate (CAGR), from $62.1B to $118.08B.
What does midstream — total assets mean?
This metric represents the aggregate book value of all physical and intangible assets specifically allocated to the midstream segment, including pipelines, storage terminals, NGL processing facilities, and related infrastructure. It serves as a measure of the asset base utilized to generate revenue from the transportation, processing, and marketing of natural gas and liquids. Tracking this figure allows investors to evaluate the capital intensity and growth trajectory of the company's midstream infrastructure footprint.