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Phillips 66 PSX Renewable Fuels — Gross PP&E

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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$68.86B+35.5%
P/E16.7×-10.7×
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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization.

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 renewable fuels — gross PP&E?
Phillips 66 (PSX) reported renewable fuels — gross PP&E of $3.79B in Q1 2026.
How has Phillips 66's renewable fuels — gross PP&E changed year-over-year?
Phillips 66's renewable fuels — gross PP&E increased by 1.7% year-over-year, from $3.73B to $3.79B.
What does renewable fuels — gross PP&E mean?
Represents the total historical cost of property, plant, and equipment dedicated to the production and processing of renewable fuels. This metric reflects the scale of capital investment in sustainable energy infrastructure before accounting for accumulated depreciation.