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Phillips 66 PSX Refining — Total Assets

Other segment segments

Midstream
$31.13B+3.1%
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 refining — total assets?
Phillips 66 (PSX) reported refining — total assets of $21.23B in Q2 2026.
How has Phillips 66's refining — total assets changed year-over-year?
Phillips 66's refining — total assets decreased by 1.0% year-over-year, from $21.44B to $21.23B.
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.

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