Phillips 66 (PSX) Return on Capital Employed (2012 - 2026)
Phillips 66's (PSX) quarterly Return on Capital Employed came in at 163.71% in Q1 2026, up 6280.0% YoY from 2.57% in Q1 2025, and down 60.39% on a QoQ basis from 102.07% in Q4 2025.
Phillips 66 (PSX) Return on Capital Employed (2012 - 2026) Analysis & Trends
Phillips 66 (PSX) has 15 years of Return on Capital Employed data on file, last reported at 163.71% in Q1 2026.
- Quarterly Return on Capital Employed rose 6280.0% year-over-year to 163.71% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 163.71% (up 6280.0% YoY) and the FY2025 annual result came in at 8.67%, up 20723.0% from the prior year.
- Return on Capital Employed eased to 163.71% in Q1 2026, from 102.07% in the prior quarter.
- In the past five years, Return on Capital Employed ranged from a high of 141.19% in Q3 2023 to a low of 320.0% in Q3 2025.
- A 5-year average of 152.41% and a median of 197.89% in 2022 frame the typical range for Return on Capital Employed.
- Annual changes were most pronounced in 2023 — Return on Capital Employed soared 33908 bps — and 2024, when it sank 40228 bps.
- Tracing PSX's Return on Capital Employed over 5 years: stood at 49.05% in 2022, then sank by 530 bps to 211.02% in 2023, then retreated by 28 bps to 270.67% in 2024, then soared by 62 bps to 102.07% in 2025, then tumbled by 60 bps to 163.71% in 2026.
- The last three Return on Capital Employed figures came in at 163.71% (Q1 2026), 102.07% (Q4 2025), and 320.0% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 97.05 Bn | 89.28 Bn | 9.27 Bn | 22.14% |
| 2 | Valero Energy | 95.18 Bn | 87.30 Bn | 5.47 Bn | 22.42% |
| 3 | Phillips 66 | 89.90 Bn | 85.80 Bn | 8.38 Bn | -190.97% |
| 4 | HF Sinclair | 15.35 Bn | 13.09 Bn | 1.57 Bn | 17.43% |
| 5 | Sunoco | 10.13 Bn | 9.36 Bn | 1.46 Bn | 7.59% |
| 6 | PBF Energy | 8.19 Bn | 7.29 Bn | 1.15 Bn | 19.21% |
| 7 | Cosan | 6.43 Bn | 1.32 Bn | 552.94 Mn | 8.87% |
| 8 | Ultrapar Holdings | 6.39 Bn | 4.67 Bn | 603.08 Mn | 6,606.97% |
| 9 | Icahn Enterprises | 5.07 Bn | 3.10 Bn | 198.00 Mn | - |
| 10 | Delek US Holdings | 3.92 Bn | 3.29 Bn | 365.10 Mn | 14.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -190.97% |
| Mar 31, 2026 | -163.71% |
| Dec 31, 2025 | -102.07% |
| Sep 30, 2025 | -320.00% |
| Jun 30, 2025 | -289.51% |
| Mar 31, 2025 | -226.51% |
| Dec 31, 2024 | -270.67% |
| Sep 30, 2024 | -261.09% |
| Jun 30, 2024 | -265.97% |
| Mar 31, 2024 | -312.44% |
| Dec 31, 2023 | -211.02% |
| Sep 30, 2023 | 141.19% |
| Jun 30, 2023 | 77.56% |
| Mar 31, 2023 | 59.70% |
| Dec 31, 2022 | 49.05% |
| Sep 30, 2022 | -197.89% |
| Jun 30, 2022 | -158.52% |
| Mar 31, 2022 | -139.04% |
| Dec 31, 2021 | -119.52% |
| Sep 30, 2021 | -107.46% |