Phillips 66 (PSX) — Net Asset Quality Index

Latest as of March 2026: 35.3%

Phillips 66 (PSX) has a Net Asset Quality Index of 35.3% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $84.08 Billion minus total liabilities of $54.40 Billion yields net assets of $29.68 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check how resilient are Phillips 66's assets to evaluate the company's liquid asset resilience ratio.

Quality Index

35.3%
Equity / Total Assets

Net Assets

$29.68 Billion
USD

Total Assets

$84.08 Billion
USD

Total Liabilities

$54.40 Billion
USD

Phillips 66 Net Asset Quality Index Over Time (2009–2025)

This chart shows how Phillips 66's Net Asset Quality Index has evolved across 17 annual periods from 2009 to 2025. As of March 2026, the index stands at 35.3%, representing net assets of $29.68 Billion against total assets of $84.08 Billion USD. See PSX net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Phillips 66 (2009–2025)

The table below presents the year-by-year Net Asset Quality Index for Phillips 66 from 2009 to 2025, covering 17 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market cap of Phillips 66.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 41.0% $30.24 Billion $73.68 Billion $43.44 Billion ▲ +1.8 pp
2024 39.2% $28.46 Billion $72.58 Billion $44.12 Billion ▼ -2.7 pp
2023 41.9% $31.65 Billion $75.50 Billion $43.85 Billion ▼ -2.7 pp
2022 44.6% $34.11 Billion $76.44 Billion $42.34 Billion ▲ +5.7 pp
2021 38.9% $21.64 Billion $55.59 Billion $33.96 Billion ▼ -0.4 pp
2020 39.3% $21.52 Billion $54.72 Billion $33.20 Billion ▼ -6.9 pp
2019 46.3% $27.17 Billion $58.72 Billion $31.55 Billion ▼ -3.7 pp
2018 50.0% $27.15 Billion $54.30 Billion $27.15 Billion ▼ -0.4 pp
2017 50.4% $27.43 Billion $54.37 Billion $26.94 Billion ▲ +4.5 pp
2016 45.9% $23.73 Billion $51.65 Billion $27.93 Billion ▼ -3.3 pp
2015 49.3% $23.94 Billion $48.58 Billion $24.64 Billion ▲ +4.1 pp
2014 45.2% $22.04 Billion $48.74 Billion $26.70 Billion ▲ +0.2 pp
2013 45.0% $22.39 Billion $49.80 Billion $27.41 Billion ▲ +1.7 pp
2012 43.3% $20.81 Billion $48.07 Billion $27.27 Billion ▼ -10.6 pp
2011 53.9% $23.29 Billion $43.21 Billion $19.92 Billion ▼ -4.0 pp
2010 57.9% $26.03 Billion $44.95 Billion $18.93 Billion ▼ -4.9 pp
2009 62.8% $26.94 Billion $42.88 Billion $15.94 Billion
pp = percentage points