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Phillips 66 PSX Midstream — Total Assets

Other segment segments

Refining
$21.23B-1.0%
M&S
$10.06B
Chemicals
$8.42B+6.7%
Renewable Fuels
$3B-0.2%

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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:Assets.

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 / Operating Segments / MidstreamMillions of Dollars / Operating Segments / ChemicalsMillions of Dollars / Operating Segments / RefiningMillions of Dollars / Operating Segments / M&SMillions of Dollars / Operating Segments / Renewable FuelsMillions of Dollars / Corporate and OtherMillions of Dollars / Total Consolidated
As of June 30, 2026
Investments In and Advances to Affiliates$2,0828,390561,40214411,948
Total Assets31,1308,41721,22912,0253,0016,00881,810
As of December 31, 2025
Investments In and Advances to Affiliates$2,1177,899651,33015211,428
Total Assets30,1727,89919,43510,0593,1972,91873,680

Item 1. FINANCIAL STATEMENTS

FAQ

What is Phillips 66's midstream — total assets?
Phillips 66 (PSX) reported midstream — total assets of $31.13B in Q2 2026.
How has Phillips 66's midstream — total assets changed year-over-year?
Phillips 66's midstream — total assets increased by 3.1% year-over-year, from $30.19B to $31.13B.
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.

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