Phillips 66 (PSX) Return on Capital Employed (2012 - 2026)
Phillips 66 (PSX) reported Return on Capital Employed of 306.6% for Q1 2026, down 12997.0% on a YoY basis from N/an in Q1 2025, and down 12.15% quarter-over-quarter from 273.39% in Q4 2025.
Phillips 66 (PSX) Return on Capital Employed (2012 - 2026) Analysis & Trends
Phillips 66 has reported Return on Capital Employed for 15 years, with the latest figure at 306.6% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed fell 12997.0% year-over-year to 306.6%; the trailing twelve-month figure through Mar 2026 stood at 306.6% (down 12997.0% YoY), and the FY2025 full-year result was 185.06%, up 3483.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 306.6%, down from 273.39% in the prior quarter.
- The five-year high for Return on Capital Employed was 156.82% in Q1 2024, with the low at 306.6% in Q1 2026.
- Historically, Return on Capital Employed has averaged 102.57% across 5 years, with a median of 143.92% in 2022.
- Annual changes were most pronounced in 2023 — Return on Capital Employed surged 27407 bps — and 2025, when it slumped 33346 bps.
- Phillips 66's Return on Capital Employed stood at 143.92% in 2022, then surged by 190 bps to 130.15% in 2023, then sank by 230 bps to 169.34% in 2024, then tumbled by 61 bps to 273.39% in 2025, then declined by 12 bps to 306.6% in 2026.
- The last three Return on Capital Employed figures came in at 306.6% (Q1 2026), 273.39% (Q4 2025), and 160.73% (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 | 76.18 Bn | 80.70 Bn | 3.31 Bn | 14.61% |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 13.70% |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | -306.60% |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 12.31% |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 6.17% |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | 12.76% |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | - |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | 8.02% |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | 6.10% |
| 10 | Delek US Holdings | 2.80 Bn | 2.43 Bn | -130.20 Mn | 6.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -306.60% |
| Dec 31, 2025 | -273.39% |
| Sep 30, 2025 | -160.73% |
| Jun 30, 2025 | -175.48% |
| Mar 31, 2025 | -176.64% |
| Dec 31, 2024 | -169.34% |
| Sep 30, 2024 | 39.40% |
| Jun 30, 2024 | 97.48% |
| Mar 31, 2024 | 156.82% |
| Dec 31, 2023 | 130.15% |
| Sep 30, 2023 | -51.22% |
| Jun 30, 2023 | -48.48% |
| Mar 31, 2023 | -111.06% |
| Dec 31, 2022 | -143.92% |
| Sep 30, 2022 | -129.13% |
| Jun 30, 2022 | -218.10% |
| Mar 31, 2022 | -203.54% |
| Dec 31, 2021 | -146.49% |
| Sep 30, 2021 | -300.14% |
| Jun 30, 2021 | -248.67% |