Phillips 66 Balance Sheet
NYSE: PSXEnergyIntegrated oil CompaniesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Phillips 66 financial position
At the end of fiscal 2025, Phillips 66 reported total assets of $73.68 billion, up 1.5% from a year earlier against total liabilities of $43.44 billion. Shareholders' equity stood at $29.09 billion, or 39.5% of assets. The company held $1.12 billion in cash and equivalents against $19.72 billion of debt, a net debt position of $18.60 billion.
The current ratio (current assets divided by current liabilities) was 1.30, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.68.
Summary generated from market data by MetaCap's automated system. Methodology
Phillips 66 balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.12B | 1.74B | 3.32B | 6.13B | 3.15B | 2.51B | 1.61B | 3.02B | 3.12B | 2.71B |
| Receivables | 9.77B | 11.03B | 11.73B | 10.98B | 7.47B | 6.52B | 8.51B | 6.17B | 7.51B | 6.40B |
| Inventory | 5.10B | 4.00B | 3.75B | 3.28B | 3.39B | 3.89B | 3.78B | 3.54B | 3.40B | 3.15B |
| Total Current Assets | 17.27B | 17.91B | 19.94B | 21.92B | 14.70B | 13.28B | 14.39B | 13.21B | 14.39B | 12.68B |
| Property, Plant & Equipment | 39.10B | 35.26B | 35.71B | 35.16B | 22.43B | 23.72B | 23.79B | 22.02B | 21.46B | 20.86B |
| Goodwill | 1.43B | 1.57B | 1.55B | 1.49B | 1.48B | 1.43B | 3.27B | 3.27B | 3.27B | 3.27B |
| Intangible Assets | 978.00M | 1.16B | 920.00M | 831.00M | 813.00M | 843.00M | 869.00M | 869.00M | 876.00M | 888.00M |
| Total Assets | 73.68B | 72.58B | 75.50B | 76.44B | 55.59B | 54.72B | 58.72B | 54.30B | 54.37B | 51.65B |
| Accounts Payable | — | — | — | 10.75B | 7.63B | 5.17B | 8.04B | 6.11B | 7.24B | 6.39B |
| Short-Term Debt | 1.04B | 1.83B | 1.48B | 529.00M | 1.49B | 987.00M | 547.00M | 67.00M | 41.00M | 550.00M |
| Total Current Liabilities | 13.33B | 15.09B | 15.86B | 15.89B | 12.80B | 9.52B | 11.65B | 8.94B | 10.11B | 9.46B |
| Long-Term Debt | 18.68B | 18.23B | 17.88B | 16.66B | 12.96B | 14.91B | 11.22B | 11.09B | 10.07B | 9.59B |
| Total Liabilities | 43.44B | 44.12B | 43.85B | 42.34B | 33.96B | 33.20B | 31.55B | 27.15B | 26.94B | 27.93B |
| Shareholders' Equity | 29.09B | 27.41B | 30.58B | 29.49B | 19.17B | 18.98B | 24.91B | 24.65B | 25.09B | 22.39B |
| Retained Earnings | 33.24B | 30.77B | 30.55B | 25.43B | 16.22B | 16.50B | 22.06B | 20.49B | 16.31B | 12.61B |
| Total Debt | 19.72B | 20.06B | 19.36B | 17.19B | 14.45B | 15.89B | 11.76B | 11.16B | 10.11B | 10.14B |
| Net Cash (Debt) | -18.60B | -18.32B | -16.04B | -11.06B | -11.30B | -13.38B | -10.15B | -8.14B | -6.99B | -7.43B |
This table shows 10 annual periods of Phillips 66's balance sheet, from FY 2025 back to FY 2016, across 17 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow PSX's reporting calendar. What is a balance sheet?