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Phillips 66 PSX Refining — 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 refining — total assets?
Phillips 66 (PSX) reported refining — total assets of $22.63B in Q1 2026.
How has Phillips 66's refining — total assets changed year-over-year?
Phillips 66's refining — total assets increased by 14.7% year-over-year, from $19.73B to $22.63B.
What is the long-term trend for Phillips 66's refining — total assets?
Over 4 years (2021 to 2025), Phillips 66's refining — total assets has grown at a -1.5% compound annual growth rate (CAGR), from $85.24B to $80.33B.
What does refining — total assets mean?
This metric represents the aggregate book value of all assets specifically allocated to the refining segment, including property, plant, equipment, and working capital. It serves as a measure of the scale and physical footprint of the refining operations. Tracking this allows investors to assess the asset intensity and capital base supporting the segment's revenue generation.