Phillips 66 (PSX) - Total Assets
Based on the latest financial reports, Phillips 66 (PSX) holds total assets worth $76.12 Billion USD as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See PSX total equity for net asset value and shareholders' equity analysis.
Phillips 66 - Total Assets Trend (2009–2024)
This chart illustrates how Phillips 66's total assets have evolved over time, based on quarterly financial data.
Phillips 66 - Asset Composition Analysis
Current Asset Composition (December 2024)
Phillips 66's total assets of $76.12 Billion consist of 24.7% current assets and 75.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $1.74 Billion | 2.4% |
| Accounts Receivable | $11.03 Billion | 15.2% |
| Inventory | $4.00 Billion | 5.5% |
| Property, Plant & Equipment | $36.58 Billion | 50.4% |
| Intangible Assets | $1.16 Billion | 1.6% |
| Goodwill | $1.57 Billion | 2.2% |
Asset Composition Trend (2009–2024)
This chart illustrates how Phillips 66's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market value of Phillips 66.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Phillips 66's current assets represent 24.7% of total assets in 2024, a decrease from 26.5% in 2009.
- Cash Position: Cash and equivalents constituted 2.4% of total assets in 2024, up from 0.0% in 2009.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, a decrease from 9.0% in 2009.
- Asset Diversification: The largest asset category is property, plant & equipment at 50.4% of total assets.
Phillips 66 Competitors by Total Assets
Key competitors of Phillips 66 based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Les Docks des Pétroles d'Ambès -SA
PA:DPAM
|
France | €71.98 Million |
|
Ampol Ltd
AU:ALD
|
Australia | AU$12.21 Billion |
|
Viva Energy Group Ltd
AU:VEA
|
Australia | AU$12.57 Billion |
|
Ultrapar Participações S.A
SA:UGPA3
|
Brazil | R$45.56 Billion |
|
Cosan S.A
SA:CSAN3
|
Brazil | R$125.74 Billion |
|
Refinaria de Petróleos de Manguinhos S.A
SA:RPMG3
|
Brazil | R$10.29 Billion |
|
Parkland Fuel Corporation
TO:PKI
|
Canada | CA$13.62 Billion |
|
ReGen III Corp
V:GIII
|
Canada | CA$518.30K |
Phillips 66 - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.23 | 1.21 | 1.39 |
| Quick Ratio | 0.87 | 0.83 | 0.99 |
| Cash Ratio | 0.10 | 0.10 | 0.00 |
| Working Capital | $4.07 Billion | $3.38 Billion | $3.76 Billion |
Phillips 66 - Advanced Valuation Insights
This section examines the relationship between Phillips 66's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.34 |
| Latest Market Cap to Assets Ratio | 0.89 |
| Asset Growth Rate (YoY) | -3.9% |
| Total Assets | $72.58 Billion |
| Market Capitalization | $64.57 Billion USD |
Valuation Analysis
Near Book Valuation: The market values Phillips 66's assets close to their book value (0.89x), suggesting investors view the company's assets at approximately fair value.
Slight Asset Contraction: Phillips 66's assets decreased by 3.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Phillips 66 (2009–2024)
The table below shows the annual total assets of Phillips 66 from 2009 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $72.58 Billion | -3.87% |
| 2023-12-31 | $75.50 Billion | -1.23% |
| 2022-12-31 | $76.44 Billion | +37.50% |
| 2021-12-31 | $55.59 Billion | +1.60% |
| 2020-12-31 | $54.72 Billion | -6.81% |
| 2019-12-31 | $58.72 Billion | +8.14% |
| 2018-12-31 | $54.30 Billion | -0.13% |
| 2017-12-31 | $54.37 Billion | +5.26% |
| 2016-12-31 | $51.65 Billion | +6.33% |
| 2015-12-31 | $48.58 Billion | -0.33% |
| 2014-12-31 | $48.74 Billion | -2.12% |
| 2013-12-31 | $49.80 Billion | +3.59% |
| 2012-12-31 | $48.07 Billion | +11.25% |
| 2011-12-31 | $43.21 Billion | -3.88% |
| 2010-12-31 | $44.95 Billion | +4.84% |
| 2009-12-31 | $42.88 Billion | -- |
About Phillips 66
Phillips 66 operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally. It operates through five segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels. The Midstream segment provides crude oil and refined petroleum product transportation, terminaling, and processing services, as well as natur… Read more