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Phillips 66 PSX Quick ratio

Quick ratio at other companies

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Iron MountainIRM
$1.32B+14.6%
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WeyerhaeuserWY
$1.31B
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BorgWarnerBWA
$2.11B+23.6%
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$4.3B+1.7%
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$11M

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$66.61B+45.0%
P/E16.2×-8.6×
P/S0.5×+0.2×

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

Calculated from Phillips 66’s reported figures.

Based on the most recent quarter.

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 quick ratio?
Phillips 66 (PSX) reported quick ratio of 0.9× in Q1 2026.
How has Phillips 66's quick ratio changed year-over-year?
Phillips 66's quick ratio decreased by 2.5% year-over-year, from 0.9× to 0.9×.
What is the long-term trend for Phillips 66's quick ratio?
Over 5 years (2020 to 2025), Phillips 66's quick ratio has grown at a -1.5% compound annual growth rate (CAGR), from 1× to 0.9×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.