Phillips 66 (PSX) Return on Invested Capital [ROIC] (2012 - 2026)
Phillips 66 (PSX) reported Return on Invested Capital [ROIC] of -181.46% for Q2 2026, up 23.44 percentage points from -204.90% a year earlier but down 4.50 percentage points from the prior quarter.
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Analysis
Phillips 66 (PSX) Return on Invested Capital [ROIC] (2012 - 2026) Analysis & Trends
For FY2025, Phillips 66 posted Return on Invested Capital [ROIC] of -187.77%, up 20.19 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of -64.94 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at -207.96% in FY2024 (-30.68 pp), -177.28% in FY2023 (+63.68 pp), -240.96% in FY2022 (+9.22 pp) and -250.18% in FY2021 (-127.34 pp).
- Five-year quarterly Return on Invested Capital [ROIC] spans a low of -276.37% in Q2 2022 and a high of -116.55% in Q3 2021.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last four quarters, with an average year-over-year change of -0.38 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q2 2023 (a gain of 98.67 percentage points); the low point was Q1 2022 (a drop of 165.79 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -176.97% (Q1 2026), -185.31% (Q4 2025) and -193.82% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 746.42 Bn | 702.90 Bn | - | 11.12% |
| 2 | Chevron | 442.96 Bn | 415.08 Bn | 33.45 Bn | -25.37% |
| 3 | Shell | 313.69 Bn | 243.43 Bn | 30.13 Bn | 13.05% |
| 4 | TotalEnergies SE | 200.00 Bn | 80.58 Bn | 61.77 Bn | 36.80% |
| 5 | Conocophillips | 177.72 Bn | 150.43 Bn | 12.81 Bn | 22.50% |
| 6 | Equinor Asa | 121.70 Bn | 36.16 Bn | - | 47.74% |
| 7 | Phillips 66 | 117.59 Bn | 105.38 Bn | 8.38 Bn | -181.46% |
| 8 | Canadian Natural Resources | 112.49 Bn | 109.50 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 94.96 Bn | 80.71 Bn | - | - |
| 10 | Eni Spa | 89.38 Bn | 33.94 Bn | - | 6.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -181.46% |
| Mar 31, 2026 | -176.97% |
| Dec 31, 2025 | -185.31% |
| Sep 30, 2025 | -193.82% |
| Jun 30, 2025 | -204.90% |
| Mar 31, 2025 | -211.23% |
| Dec 31, 2024 | -210.55% |
| Sep 30, 2024 | -198.09% |
| Jun 30, 2024 | -192.49% |
| Mar 31, 2024 | -184.16% |
| Dec 31, 2023 | -177.04% |
| Sep 30, 2023 | -180.82% |
| Jun 30, 2023 | -177.71% |
| Mar 31, 2023 | -192.24% |
| Dec 31, 2022 | -205.89% |
| Sep 30, 2022 | -230.82% |
| Jun 30, 2022 | -276.37% |
| Mar 31, 2022 | -267.36% |
| Dec 31, 2021 | -256.85% |
| Sep 30, 2021 | -116.55% |
API Access
Phillips 66 Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=PSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();