Phillips 66 (PSX) quarterly balance sheet — complete assets, liabilities & equity history
Phillips 66 (PSX) balance sheet — 17-year assets, liabilities & shareholders' equity history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Total Current Assets | 24.22B | 27.4B | 17.27B | 22.02B | 21.08B | 18.28B | 17.91B | 19.31B | 20.92B | 20.7B | 19.94B | 22.5B | 19.9B | 22.67B | 21.92B | 23.27B | 22.49B | 19.85B | 14.7B | 16.02B |
| Cash & Short-Term Investments | 4.1B | 5.15B | 1.12B | 1.84B | 1.05B | 1.49B | 1.74B | 1.64B | 2.44B | 1.57B | 3.32B | 3.54B | 3.03B | 6.96B | 6.13B | 3.74B | 2.81B | 3.33B | 3.15B | 2.9B |
| Cash Only | 4.1B | 5.15B | 1.12B | 1.84B | 1.05B | 1.49B | 1.74B | 1.64B | 2.44B | 1.57B | 3.32B | 3.54B | 3.03B | 6.96B | 6.13B | 3.74B | 2.81B | 3.33B | 3.15B | 2.9B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 11.72B | 11.91B | 9.77B | 10.54B | 11.34B | 10.22B | 11.03B | 10.44B | 10.89B | 11.53B | 11.73B | 11.98B | 9.46B | 9.33B | 10.98B | 13.65B | 13.39B | 10.46B | 7.47B | 8.01B |
| Days Sales Outstanding | 21.08 | 28.63 | 27.47 | 29.17 | 29.57 | 31.36 | 29.3 | 27.8 | 26.77 | 29.39 | 28.66 | 24.66 | 24.5 | 26.61 | 28.13 | 27.94 | 22.28 | 22.04 | 21.88 | 24.27 |
| Inventory | 5.92B | 6.72B | 5.1B | 6.42B | 5.58B | 5.24B | 4B | 6.04B | 6.52B | 6.29B | 3.75B | 5.73B | 6.38B | 5.45B | 3.28B | 4.29B | 4.58B | 4.53B | 3.39B | 4.4B |
| Days Inventory Outstanding | 13.18 | 17.47 | 16.62 | 16.94 | 15.74 | 13.89 | 13.94 | 16.76 | 15.93 | 13.39 | 12.1 | 15.49 | 16.59 | 12.44 | 9.32 | 9.99 | 9.38 | 10.2 | 11.49 | 14.45 |
| Other Current Assets | 0 | 3.61B | 1.29B | 3.21B | 3.1B | 1.33B | 1.14B | 1.19B | 1.06B | 1.32B | 1.14B | 1.25B | 1.03B | 934M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 57.59B | 56.69B | 56.41B | 54.1B | 54.87B | 53.56B | 54.67B | 55.77B | 55.03B | 55.7B | 55.56B | 55.29B | 54.99B | 54.59B | 54.52B | 54.07B | 40.32B | 40.78B | 40.9B | 40.39B |
| Property, Plant & Equipment | 39.65B | 39.15B | 39.1B | 36.39B | 36.68B | 34.97B | 35.26B | 35.6B | 35.23B | 35.55B | 35.71B | 35.53B | 35.23B | 35.11B | 35.16B | 34.96B | 22.23B | 22.33B | 22.43B | 22.38B |
| Fixed Asset Turnover | 1.29x | 0.87x | 0.90x | 0.94x | 0.93x | 0.87x | 0.95x | 1.00x | 1.08x | 1.01x | 1.07x | 1.13x | 0.99x | 0.98x | 1.15x | 1.56x | 2.19x | 1.64x | 1.45x | 1.32x |
| Goodwill | 1.43B | 1.43B | 1.43B | 1.43B | 1.43B | 1.57B | 1.57B | 1.57B | 1.55B | 1.55B | 1.55B | 1.55B | 1.49B | 1.49B | 1.49B | 1.49B | 1.49B | 1.48B | 1.48B | 1.43B |
| Intangible Assets | 955M | 969M | 978M | 1.03B | 1.06B | 1.17B | 1.16B | 1.16B | 901M | 911M | 920M | 926M | 786M | 793M | 831M | 845M | 812M | 819M | 813M | 822M |
| Long-Term Investments | 12.35B | 12.01B | 11.9B | 12.5B | 13.27B | 13.36B | 14.2B | 15.22B | 15.2B | 15.59B | 14.92B | 15.32B | 15.53B | 15.29B | 14.62B | 14.77B | 14.18B | 14.46B | 13.51B | 14.06B |
| Other Non-Current Assets | 3.21B | 3.13B | 3B | 2.75B | 2.42B | 2.49B | 2.47B | 2.22B | 2.15B | 2.09B | 2.46B | 1.96B | 1.95B | 1.91B | 2.42B | 2B | 1.62B | 1.68B | 2.65B | 1.71B |
| Total Assets | 81.81B | 84.08B | 73.68B | 76.12B | 75.94B | 71.84B | 72.58B | 75.08B | 75.94B | 76.4B | 75.5B | 77.79B | 74.89B | 77.26B | 76.44B | 77.34B | 62.81B | 60.64B | 55.59B | 56.41B |
| Asset Turnover | 0.61x | 0.43x | 0.45x | 0.45x | 0.45x | 0.42x | 0.46x | 0.47x | 0.50x | 0.47x | 0.50x | 0.52x | 0.46x | 0.45x | 0.52x | 0.64x | 0.79x | 0.63x | 0.58x | 0.54x |
| Asset Growth % | 7.73% | 17.05% | 1.51% | 1.38% | -0% | -5.97% | -3.87% | -3.48% | 1.41% | -1.12% | -1.23% | 0.58% | 19.22% | 27.42% | 37.5% | 37.11% | 10.24% | 9.27% | 1.6% | 3.92% |
| Total Current Liabilities | 18.35B | 24.19B | 13.33B | 17.95B | 19.68B | 14.88B | 15.09B | 15.92B | 18.27B | 17.67B | 15.86B | 17.42B | 14.97B | 14.71B | 15.89B | 17.88B | 17.61B | 17.6B | 12.8B | 13.92B |
| Accounts Payable | 11.64B | 11.88B | 8.87B | 10.22B | 10.85B | 10.72B | 10.3B | 10.91B | 12.32B | 12.47B | 10.9B | 12.71B | 10.44B | 10.57B | 11.32B | 12.32B | 13.65B | 13.18B | 8.46B | 9.21B |
| Days Payables Outstanding | 24.51 | 30.65 | 27.55 | 29.75 | 31.38 | 31.64 | 29.47 | 30.99 | 30.84 | 31.19 | 30.12 | 29.61 | 29.48 | 31.24 | 29.12 | 29.24 | 27.63 | 27.87 | 26.05 | 28.68 |
| Short-Term Debt | 1.8B | 8.45B | 1.61B | 2.59B | 3.73B | 1.06B | 1.83B | 1.52B | 2.78B | 2.33B | 1.48B | 913M | 832M | 825M | 529M | 1.03B | 526M | 1.47B | 1.49B | 1.49B |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.2B | 0 | 0 | 0 | 1.4B | 1.84B | 1.72B | 1.36B | 1.25B | 1.29B |
| Other Current Liabilities | 903M | 2.29B | 805M | 3.12B | 1.87B | 372M | 732M | 676M | 551M | 459M | -337M | 777M | 557M | 436M | -633M | -1.12B | -1.23B | -988M | -649M | -823M |
| Current Ratio | 1.32x | 1.13x | 1.30x | 1.23x | 1.07x | 1.23x | 1.19x | 1.21x | 1.14x | 1.17x | 1.26x | 1.29x | 1.33x | 1.54x | 1.38x | 1.30x | 1.28x | 1.13x | 1.15x | 1.15x |
| Quick Ratio | 1.00x | 0.85x | 0.91x | 0.87x | 0.79x | 0.88x | 0.92x | 0.83x | 0.79x | 0.82x | 1.02x | 0.96x | 0.90x | 1.17x | 1.17x | 1.06x | 1.02x | 0.87x | 0.88x | 0.83x |
| Cash Conversion Cycle | 9.75 | 15.45 | 16.54 | 16.36 | 13.93 | 13.62 | 13.76 | 13.56 | 11.86 | 11.59 | 10.63 | 10.55 | 11.62 | 7.82 | 8.34 | 8.7 | 4.02 | 4.37 | 7.31 | 10.04 |
| Total Non-Current Liabilities | 30.75B | 30.21B | 30.11B | 30.09B | 27.63B | 28.6B | 29.03B | 29.37B | 27.17B | 27.94B | 28B | 28.38B | 28.86B | 27.64B | 26.45B | 26.15B | 20.63B | 20.91B | 21.16B | 21.89B |
| Long-Term Debt | 18.77B | 18.68B | 19.67B | 19.17B | 17.2B | 17.74B | 18.23B | 18.48B | 17.18B | 17.83B | 17.88B | 18.53B | 19.03B | 17.66B | 16.66B | 16.63B | 12.44B | 12.96B | 12.96B | 13.42B |
| Capital Lease Obligations | 0 | 0 | 1.6B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 257M | 0 |
| Deferred Tax Liabilities | 7.45B | 7.38B | 7.31B | 6.97B | 6.96B | 6.97B | 7.1B | 7.26B | 7.22B | 7.37B | 7.42B | 7.23B | 6.82B | 6.81B | 6.67B | 6.34B | 5.44B | 5.26B | 5.47B | 5.43B |
| Other Non-Current Liabilities | 4.54B | 4.16B | 1.53B | 3.95B | 3.47B | 3.89B | 3.7B | 3.64B | 2.76B | 2.74B | 2.69B | 2.62B | 3B | 3.17B | 3.12B | 3.18B | 2.74B | 2.69B | 2.46B | 3.03B |
| Total Liabilities | 49.11B | 54.4B | 43.44B | 48.04B | 47.31B | 43.48B | 44.12B | 45.3B | 45.44B | 45.61B | 43.85B | 45.8B | 43.83B | 42.35B | 42.34B | 44.03B | 38.24B | 38.52B | 33.96B | 35.81B |
| Total Debt | 20.57B | 27.12B | 22.88B | 21.75B | 20.93B | 18.8B | 20.06B | 20B | 19.96B | 20.15B | 19.36B | 19.44B | 19.87B | 18.48B | 17.19B | 17.66B | 12.97B | 14.43B | 14.74B | 14.91B |
| Net Debt | 16.47B | 21.97B | 21.77B | 19.91B | 19.88B | 17.31B | 18.32B | 18.36B | 17.52B | 18.58B | 16.04B | 15.9B | 16.84B | 11.52B | 11.06B | 13.91B | 10.16B | 11.1B | 11.59B | 12.01B |
| Debt / Equity | 0.63x | 0.91x | 0.76x | 0.77x | 0.73x | 0.66x | 0.70x | 0.67x | 0.65x | 0.65x | 0.61x | 0.61x | 0.64x | 0.53x | 0.50x | 0.53x | 0.53x | 0.65x | 0.68x | 0.72x |
| Debt / EBITDA | 3.69x | 7.92x | 9.82x | 12.60x | 10.95x | 29.52x | 23.03x | 170.92x | 14.00x | 11.79x | 10.97x | 5.21x | 8.81x | 7.32x | 6.41x | 5.27x | 3.03x | 10.24x | 11.24x | 12.56x |
| Net Debt / EBITDA | 2.95x | 6.42x | 9.35x | 11.53x | 10.40x | 27.18x | 21.04x | 156.93x | 12.28x | 10.87x | 9.09x | 4.27x | 7.47x | 4.56x | 4.12x | 4.15x | 2.37x | 7.87x | 8.84x | 10.12x |
| Interest Coverage | 16.83x | 1.91x | 12.71x | 1.77x | 5.24x | 3.93x | 0.94x | 2.80x | 6.68x | 5.25x | 9.08x | 13.73x | 9.44x | 14.81x | 14.20x | 46.30x | 31.87x | 7.13x | 12.54x | 3.97x |
| Total Equity | 32.7B | 29.68B | 30.24B | 28.08B | 28.63B | 28.35B | 28.46B | 29.78B | 30.51B | 30.79B | 31.65B | 31.99B | 31.06B | 34.92B | 34.11B | 33.31B | 24.57B | 22.12B | 21.64B | 20.6B |
| Equity Growth % | 14.24% | 4.68% | 6.25% | -5.73% | -6.16% | -7.92% | -10.07% | -6.89% | -1.78% | -11.81% | -7.2% | -3.96% | 26.4% | 57.84% | 57.63% | 61.72% | 19.27% | 8.13% | 0.53% | -7.66% |
| Book Value per Share | 81.23 | 73.60 | 74.64 | 69.23 | 70.18 | 69.07 | 67.96 | 71.12 | 71.66 | 71.30 | 71.84 | 71.52 | 68.09 | 74.76 | 71.90 | 68.96 | 50.66 | 49.16 | 49.00 | 46.77 |
| Total Shareholders' Equity | 31.51B | 28.53B | 29.09B | 26.92B | 27.49B | 27.27B | 27.41B | 28.72B | 29.45B | 29.73B | 30.58B | 30.82B | 29.9B | 30.25B | 29.49B | 28.23B | 24.28B | 21.82B | 19.17B | 18.14B |
| Common Stock | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 7M | 6M |
| Retained Earnings | 36.27B | 32.93B | 33.24B | 30.82B | 31.17B | 30.79B | 30.77B | 31.24B | 31.37B | 30.85B | 30.55B | 29.75B | 28.12B | 26.9B | 25.43B | 24.01B | 19.09B | 16.39B | 16.22B | 15.35B |
| Treasury Stock | -24.58B | -24.2B | -23.93B | -23.66B | -23.39B | -23B | -22.75B | -22.14B | -21.33B | -20.49B | -19.34B | -18.16B | -17.42B | -16.08B | -15.28B | -14.53B | -13.8B | -13.74B | -17.12B | -17.12B |
| Accumulated OCI | -256M | -231M | -167M | -163M | -118M | -313M | -407M | -141M | -309M | -312M | -282M | -385M | -272M | -373M | -460M | -994M | -733M | -514M | -445M | -589M |
| Minority Interest | 1.2B | 1.15B | 1.15B | 1.16B | 1.14B | 1.08B | 1.05B | 1.06B | 1.05B | 1.07B | 1.07B | 1.17B | 1.16B | 4.67B | 4.61B | 5.08B | 297M | 306M | 2.47B | 2.46B |