Phillips 66 Debt to Equity

Phillips 66 (PSX) currently reports a debt-to-equity ratio of 0.72. That is above the Energy sector average of 0.27. Use the charts on this page to explore Phillips 66's debt-to-equity ratio history and peer comparisons.

Phillips 66's debt-to-equity ratio of 0.72 is higher than the Energy sector average of 0.27. That is roughly 169.5% above the sector mean. A reading higher peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.

The debt-to-equity ratio is a valuation multiple that relates Phillips 66's market price to a fundamental measure such as earnings, sales, or book value. At 0.72, PSX can look expensive or cheap only in context — versus its own history, growth rate, and Energy peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.

Start with the current debt-to-equity ratio of 0.72, then check the historical chart for trend and the peer comparison chart for relative positioning. The Energy average is 0.27. From there, open related valuation or income-statement pages for Phillips 66, and consider following PSX for alerts when major investors trade the stock.

Phillips 66 is classified in the Energy sector. On debt-to-equity ratio, it currently shows 0.72 versus a sector average near 0.27. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Energy are usually more informative than comparing PSX with unrelated industries.