Phillips 66 (PSX) Invested Capital (2011 - 2026)
Phillips 66's Invested Capital came in at $53.27 billion for Q2 2026, up 7.5% from $49.56 billion a year earlier but down 6.2% from the prior quarter.
Analysis
Phillips 66 (PSX) Invested Capital (2011 - 2026) Analysis & Trends
For FY2025, Phillips 66's Invested Capital was $49.96 billion, up 3.0% from FY2024.
- Invested Capital carries a five-year compound annual growth rate of 6.0% (FY2020 to FY2025).
- Going back by year, Invested Capital was $48.53 billion in FY2024 (-4.9%), $51.01 billion in FY2023 (-0.6%), $51.3 billion in FY2022 (+42.2%) and $36.09 billion in FY2021 (-3.6%).
- The five-year range for quarterly Invested Capital is $35.51 billion (Q3 2021) to $56.81 billion (Q1 2026).
- Year-over-year, Invested Capital has increased for four consecutive quarters, with growth averaging 1.7% over the last eight quarters.
- The fastest year-over-year change in Invested Capital over five years came in Q1 2023 (growth of 46.1%), and the weakest in Q1 2025 (a decline of 7.4%).
- Business Quant data shows PSX's Invested Capital at $56.81 billion (Q1 2026), $49.96 billion (Q4 2025) and $49.83 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 746.42 Bn | 702.90 Bn | - | 308.48 Bn |
| 2 | Chevron | 442.96 Bn | 415.08 Bn | 33.45 Bn | 232.63 Bn |
| 3 | Shell | 313.69 Bn | 243.43 Bn | 30.13 Bn | 253.86 Bn |
| 4 | TotalEnergies SE | 200.00 Bn | 80.58 Bn | 61.77 Bn | 193.87 Bn |
| 5 | Conocophillips | 177.72 Bn | 150.43 Bn | 12.81 Bn | 88.64 Bn |
| 6 | Equinor Asa | 121.70 Bn | 36.16 Bn | - | 67.49 Bn |
| 7 | Phillips 66 | 117.59 Bn | 105.38 Bn | 8.38 Bn | 53.27 Bn |
| 8 | Canadian Natural Resources | 112.49 Bn | 109.50 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 94.96 Bn | 80.71 Bn | - | 58.02 Bn |
| 10 | Eni Spa | 89.38 Bn | 33.94 Bn | - | 101.06 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 | 37.54 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_KEY
import 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();