Latest ROE for Phillips 66 Partners LP - Units: -37400.0% — see history and peer comparisons.
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+ Follow-37400.00%
Return on Equity measures how efficiently a company uses shareholders' equity to generate profits. A higher ROE indicates better profitability relative to equity.
Phillips 66 Partners LP - Units's return on equity stands at -37400.0%. That is below the Energy sector average of 14.33%. Stockcircle updates this page with the newest filings so you can track how the metric evolves quarter by quarter.
Phillips 66 Partners LP - Units sits lower the Energy benchmark (14.33%) with a ROE of -37400.0%. That is roughly 261089.7% below the sector mean. Peer context matters because what looks expensive or cheap in absolute terms can be normal for the sector.
A ROE of -37400.0% for Phillips 66 Partners LP - Units means each unit of related capital or sales is generating that return rate. Higher is usually better for profitability metrics, but extremely high figures can reflect one-time items or thin equity bases. Review several years of data on this page before extrapolating.
The history chart shows how Phillips 66 Partners LP - Units's ROE evolved across reporting periods, while the comparison chart places PSXP next to similar companies. Use both: a rising metric that still lags peers tells a different story than a rising metric that already leads the group. Growth charts, when available, highlight acceleration or slowdown.
Yes — within Energy, ROE is commonly used to spot outliers. Phillips 66 Partners LP - Units's reading of -37400.0% (sector avg 14.33%) is a starting point; confirm whether differences come from growth, margins, accounting choices, or one-time items before treating an outlier as a buy or sell signal.