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
DateValue
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