Phillips 66 (PSX) Asset Utilization Ratio (2012 - 2026)
Phillips 66's (PSX) quarterly Asset Utilization Ratio came in at 1.69 in Q1 2026, down 11.79% YoY from 1.92 in Q1 2025, and down 3.19% on a QoQ basis from 1.75 in Q4 2025.
Phillips 66 (PSX) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
Phillips 66 (PSX) has 15 years of Asset Utilization Ratio data on file, last reported at 1.69 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 11.79% year-over-year to 1.69 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 1.69 (down 11.79% YoY) and the FY2025 annual result came in at 1.81, down 7.88% from the prior year.
- Asset Utilization Ratio eased to 1.69 in Q1 2026, from 1.75 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 2.41 in Q2 2022 to a low of 1.69 in Q1 2026.
- A 5-year average of 2.01 and a median of 1.97 in 2024 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio jumped 83.71% — and 2023, when it fell 15.61%.
- Tracing PSX's Asset Utilization Ratio over 5 years: stood at 2.21 in 2022, then declined by 12.6% to 1.93 in 2023, then rose by 1.44% to 1.96 in 2024, then fell by 10.71% to 1.75 in 2025, then retreated by 3.19% to 1.69 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.69 (Q1 2026), 1.75 (Q4 2025), and 1.75 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 97.05 Bn | 89.28 Bn | 9.27 Bn | 1.71 |
| 2 | Valero Energy | 95.18 Bn | 87.30 Bn | 5.47 Bn | 2.20 |
| 3 | Phillips 66 | 89.90 Bn | 85.80 Bn | 8.38 Bn | 1.89 |
| 4 | HF Sinclair | 15.35 Bn | 13.09 Bn | 1.57 Bn | 1.68 |
| 5 | Sunoco | 10.13 Bn | 9.36 Bn | 1.46 Bn | 1.13 |
| 6 | PBF Energy | 8.19 Bn | 7.29 Bn | 1.15 Bn | 2.34 |
| 7 | Cosan | 6.43 Bn | 1.32 Bn | 552.94 Mn | 0.30 |
| 8 | Ultrapar Holdings | 6.39 Bn | 4.67 Bn | 603.08 Mn | 2.87 |
| 9 | Icahn Enterprises | 5.07 Bn | 3.10 Bn | 198.00 Mn | 0.84 |
| 10 | Delek US Holdings | 3.92 Bn | 3.29 Bn | 365.10 Mn | 1.59 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.89 |
| Mar 31, 2026 | 1.69 |
| Dec 31, 2025 | 1.75 |
| Sep 30, 2025 | 1.75 |
| Jun 30, 2025 | 1.81 |
| Mar 31, 2025 | 1.92 |
| Dec 31, 2024 | 1.96 |
| Sep 30, 2024 | 1.97 |
| Jun 30, 2024 | 2.00 |
| Mar 31, 2024 | 1.97 |
| Dec 31, 2023 | 1.93 |
| Sep 30, 2023 | 1.97 |
| Jun 30, 2023 | 2.04 |
| Mar 31, 2023 | 2.20 |
| Dec 31, 2022 | 2.21 |
| Sep 30, 2022 | 2.33 |
| Jun 30, 2022 | 2.41 |
| Mar 31, 2022 | 2.19 |
| Dec 31, 2021 | 2.01 |
| Sep 30, 2021 | 1.69 |