Phillips 66 (PSX) — Net Asset Quality Index
Phillips 66 (PSX) has a Net Asset Quality Index of 40.0% as of June 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $81.81 Billion minus total liabilities of $49.11 Billion yields net assets of $32.70 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Read PSX total liabilities for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
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 June 2026, the index stands at 40.0%, representing net assets of $32.70 Billion against total assets of $81.81 Billion USD. For live market cap and overall valuation, see market cap of Phillips 66.
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. Check Phillips 66 (PSX) strategic asset index to assess the company's strategic physical and investment asset allocation.
| 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 | — |