Phillips 66 (PSX) - Total Liabilities
Based on the latest financial reports, Phillips 66 (PSX) has total liabilities worth $54.40 Billion USD as of March 2026. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Phillips 66 - Total Liabilities Trend (2009–2025)
This chart illustrates how Phillips 66's total liabilities have evolved over time, based on quarterly financial data. See PSX current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Phillips 66 Competitors by Total Liabilities
The table below lists competitors of Phillips 66 ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
China Petroleum & Chemical Corp Class A
SHG:600028
|
China | CN¥1.23 Trillion |
|
Xiaomi Corporation
F:3CP
|
Germany | €228.66 Billion |
|
Suncor Energy Inc
TO:SU
|
Canada | CA$47.05 Billion |
|
Barclays PLC
F:BCY2
|
Germany | €1.62 Trillion |
|
Aon PLC
NYSE:AON
|
USA | $41.47 Billion |
|
Lumentum Holdings Inc
NASDAQ:LITE
|
USA | $4.05 Billion |
|
Digital Realty Trust Inc
NYSE:DLR
|
USA | $23.46 Billion |
|
Natwest Group PLC
NYSE:NWG
|
USA | $683.25 Billion |
Liability Composition Analysis (2009–2025)
This chart breaks down Phillips 66's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see how much is Phillips 66 worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.13 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 1.91 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.65 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Phillips 66's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Phillips 66 (2009–2025)
The table below shows the annual total liabilities of Phillips 66 from 2009 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $43.44 Billion | -1.54% |
| 2024-12-31 | $44.12 Billion | +0.61% |
| 2023-12-31 | $43.85 Billion | +3.58% |
| 2022-12-31 | $42.34 Billion | +24.68% |
| 2021-12-31 | $33.96 Billion | +2.29% |
| 2020-12-31 | $33.20 Billion | +5.22% |
| 2019-12-31 | $31.55 Billion | +16.21% |
| 2018-12-31 | $27.15 Billion | +0.76% |
| 2017-12-31 | $26.94 Billion | -3.53% |
| 2016-12-31 | $27.93 Billion | +13.33% |
| 2015-12-31 | $24.64 Billion | -7.72% |
| 2014-12-31 | $26.70 Billion | -2.56% |
| 2013-12-31 | $27.41 Billion | +0.51% |
| 2012-12-31 | $27.27 Billion | +36.90% |
| 2011-12-31 | $19.92 Billion | +5.22% |
| 2010-12-31 | $18.93 Billion | +18.75% |
| 2009-12-31 | $15.94 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 storage services, as well as natural … Read more