Phillips 66 (PSX) - Net assets

Net assets on the balance sheet as of September 2024 : £23.44 Billion

According to Phillips 66's latest financial reports the company has £23.44 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Phillips 66 - Net assets on balance sheet (from 2010 to 2024)

Net assets by year

Year	Net assets	Change
2023-12-31	$£24.84 B	-11.88%
2022-12-31	$£28.19 B	75.87%
2021-12-31	$£16.02 B	1.51%
2020-12-31	$£15.79 B	-23.79%
2019-12-31	$£20.71 B	-3.14%
2018-12-31	$£21.39 B	5.4%
2017-12-31	$£20.29 B	5.55%
2016-12-31	$£19.22 B	19.03%
2015-12-31	$£16.15 B	14.12%
2014-12-31	$£14.15 B	4.27%
2013-12-31	$£13.57 B	5.46%
2012-12-31	$£12.87 B	-14.1%
2011-12-31	$£14.98 B	-11.11%
2010-12-31	$£16.85 B	1.27%
2009-12-31	$£16.64 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Marathon Petroleum MPC	£20.24 B	-13.67%	🇺🇸 USA
Valero Energy VLO	£22.04 B	-5.99%	🇺🇸 USA
Exxon Mobil XOM	£217.58 B	828.02%	🇺🇸 USA
Chevron CVX	£123.61 B	427.23%	🇺🇸 USA
Calumet Specialty Products Partners CLMT	-£0.34 Billion	-101.43%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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