Phillips 66 (PSX) Debt Ratio (2011 - 2026)

Phillips 66 has reported Debt Ratio for 16 years, with the latest figure at 0.32 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio rose 23.24% year-over-year to 0.32; the trailing twelve-month figure through Mar 2026 stood at 0.32 (up 23.24% YoY), and the FY2025 full-year result was 0.27, down 3.19% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.32, up from 0.27 in the prior quarter.
• The five-year high for Debt Ratio was 0.32 in Q1 2026, with the low at 0.21 in Q2 2022.
• Historically, Debt Ratio has averaged 0.26 across 5 years, with a median of 0.26 in 2024.
• Annual changes were most pronounced in 2022 — Debt Ratio retreated 23.67% — and 2023, when it climbed 28.48%.
• Phillips 66's Debt Ratio stood at 0.22 in 2022, then advanced by 14.02% to 0.26 in 2023, then grew by 7.8% to 0.28 in 2024, then decreased by 3.19% to 0.27 in 2025, then advanced by 20.55% to 0.32 in 2026.
• The last three Debt Ratio figures came in at 0.32 (Q1 2026), 0.27 (Q4 2025), and 0.29 (Q3 2025), per Business Quant data.