Phillips 66 (PSX) Invested Capital (2011 - 2026)
Phillips 66's (PSX) quarterly Invested Capital came in at $53.3 billion in Q2 2026, up 7.48% on a YoY basis from $49.6 billion in Q2 2025, and down 6.23% quarter-over-quarter from $56.8 billion in Q1 2026.
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Analysis
Phillips 66 (PSX) Invested Capital (2011 - 2026) Analysis & Trends
Phillips 66 (PSX) has reported Invested Capital for 16 consecutive years, with $53.3 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital rose 7.48% year-over-year to $53.3 billion; the trailing twelve-month figure through Jun 2026 stood at $53.3 billion (up 7.48% YoY), and the FY2025 full-year result was $50.0 billion, up 2.95% from the prior year.
- Invested Capital declined to $53.3 billion in Q2 2026 per PSX's latest filing, from $56.8 billion in the prior quarter.
- Across five years, Invested Capital topped out at $56.8 billion in Q1 2026 and bottomed at $36.6 billion in Q1 2022.
- Historically, Invested Capital has averaged $49.4 billion across 5 years, with a median of $50.7 billion in 2023.
- The sharpest annual moves came in 2023 and 2025: Invested Capital soared 46.08% in 2023, then decreased 7.44% in 2025.
- Over 5 years, Invested Capital stood at $51.3 billion in 2022, then dropped by 0.56% to $51.0 billion in 2023, then decreased by 4.87% to $48.5 billion in 2024, then increased by 2.95% to $50.0 billion in 2025, then gained by 6.63% to $53.3 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $53.3 billion, $56.8 billion, and $50.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 406.10 Bn | 403.25 Bn | 33.45 Bn | 220.96 Bn |
| 2 | Shell | 256.90 Bn | 217.03 Bn | 30.13 Bn | 245.32 Bn |
| 3 | TotalEnergies SE | 202.32 Bn | 173.15 Bn | 23.46 Bn | 193.66 Bn |
| 4 | Eni Spa | 172.63 Bn | 162.79 Bn | - | 98.69 Bn |
| 5 | Conocophillips | 153.88 Bn | 146.19 Bn | 12.81 Bn | 88.64 Bn |
| 6 | Equinor Asa | 107.31 Bn | 98.05 Bn | - | 64.66 Bn |
| 7 | Phillips 66 | 102.33 Bn | 99.43 Bn | 8.38 Bn | 53.27 Bn |
| 8 | Canadian Natural Resources | 99.17 Bn | 97.27 Bn | 8.84 Bn | 20.96 Bn |
| 9 | Suncor Energy | 81.11 Bn | 75.74 Bn | 17.50 Bn | 58.02 Bn |
| 10 | Eog Resources | 74.44 Bn | 69.53 Bn | - | 39.79 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 53.27 Bn |
| Mar 31, 2026 | 56.81 Bn |
| Dec 31, 2025 | 49.96 Bn |
| Sep 30, 2025 | 49.83 Bn |
| Jun 30, 2025 | 49.56 Bn |
| Mar 31, 2025 | 47.16 Bn |
| Dec 31, 2024 | 48.53 Bn |
| Sep 30, 2024 | 49.78 Bn |
| Jun 30, 2024 | 50.47 Bn |
| Mar 31, 2024 | 50.95 Bn |
| Dec 31, 2023 | 51.01 Bn |
| Sep 30, 2023 | 51.43 Bn |
| Jun 30, 2023 | 50.93 Bn |
| Mar 31, 2023 | 53.40 Bn |
| Dec 31, 2022 | 51.30 Bn |
| Sep 30, 2022 | 50.97 Bn |
| Jun 30, 2022 | 38.16 Bn |
| Mar 31, 2022 | 36.56 Bn |
| Dec 31, 2021 | 36.09 Bn |
| Sep 30, 2021 | 35.51 Bn |
API Access
Phillips 66 Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=PSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "PSX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();