Phillips 66 (PSX) - Net assets

Net assets on the balance sheet as of September 2024 : $29.78 Billion USD

According to Phillips 66's latest financial reports the company has $29.78 Billion USD 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	$$31.65 B	-7.2%
2022-12-31	$$34.10 B	57.63%
2021-12-31	$$21.63 B	0.53%
2020-12-31	$$21.52 B	-20.78%
2019-12-31	$$27.16 B	0.06%
2018-12-31	$$27.15 B	-1%
2017-12-31	$$27.42 B	15.61%
2016-12-31	$$23.72 B	-0.89%
2015-12-31	$$23.93 B	8.63%
2014-12-31	$$22.03 B	-1.59%
2013-12-31	$$22.39 B	7.62%
2012-12-31	$$20.80 B	-10.68%
2011-12-31	$$23.29 B	-10.5%
2010-12-31	$$26.02 B	-3.39%
2009-12-31	$$26.94 B

Net assets for similar companies or competitors

Company	Net assets	differencediff.	Country
Marathon Petroleum MPC	$25.71 B	-13.67%	🇺🇸 USA
Valero Energy VLO	$28.00 B	-5.99%	🇺🇸 USA
Exxon Mobil XOM	$276.40 B	828.02%	🇺🇸 USA
Chevron CVX	$157.03 B	427.23%	🇺🇸 USA
Calumet Specialty Products Partners CLMT	-$0.43 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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