Phillips 66 (PSX) Asset Utilization Ratio (2012 - 2026)
Phillips 66 (PSX) reported Asset Utilization Ratio of 1.75 for Q1 2026, down 7.47% on a YoY basis from 1.89 in Q1 2025, and down 3.25% quarter-over-quarter from 1.81 in Q4 2025.
Phillips 66 (PSX) Asset Utilization Ratio (2012 - 2026) Analysis & Trends
Phillips 66 has reported Asset Utilization Ratio for 15 years, with the latest figure at 1.75 in Q1 2026.
- For the quarter ending Q1 2026, Asset Utilization Ratio fell 7.47% year-over-year to 1.75; the trailing twelve-month figure through Mar 2026 stood at 1.75 (down 7.47% YoY), and the FY2025 full-year result was 1.87, down 3.42% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 1.75, down from 1.81 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 2.48 in Q2 2022, with the low at 1.72 in Q3 2025.
- Historically, Asset Utilization Ratio has averaged 2.02 across 5 years, with a median of 1.98 in 2023.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio soared 91.13% — and 2023, when it fell 17.24%.
- Phillips 66's Asset Utilization Ratio stood at 2.23 in 2022, then dropped by 12.65% to 1.95 in 2023, then retreated by 0.94% to 1.93 in 2024, then declined by 6.35% to 1.81 in 2025, then slipped by 3.25% to 1.75 in 2026.
- The last three Asset Utilization Ratio figures came in at 1.75 (Q1 2026), 1.81 (Q4 2025), and 1.72 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 1.62 |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 2.08 |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | 1.75 |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 1.59 |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 0.86 |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | 0.30 |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | 0.72 |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 2.18 |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | 1.98 |
| 10 | Delek US Holdings | 2.80 Bn | 2.43 Bn | -130.20 Mn | 1.49 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.75 |
| Dec 31, 2025 | 1.81 |
| Sep 30, 2025 | 1.72 |
| Jun 30, 2025 | 1.78 |
| Mar 31, 2025 | 1.89 |
| Dec 31, 2024 | 1.93 |
| Sep 30, 2024 | 1.98 |
| Jun 30, 2024 | 2.02 |
| Mar 31, 2024 | 1.99 |
| Dec 31, 2023 | 1.95 |
| Sep 30, 2023 | 1.98 |
| Jun 30, 2023 | 2.05 |
| Mar 31, 2023 | 2.21 |
| Dec 31, 2022 | 2.23 |
| Sep 30, 2022 | 2.37 |
| Jun 30, 2022 | 2.48 |
| Mar 31, 2022 | 2.26 |
| Dec 31, 2021 | 2.09 |
| Sep 30, 2021 | 1.72 |
| Jun 30, 2021 | 1.46 |