Total Liabilities for Phillips 66 (PSX)
According to Phillips 66's latest reported financial statements, the company's latest reported total liabilities is $43.44B USD. Total liabilities sum everything the company owes at the end of each reporting period — accounts payable, accrued expenses, debt, lease obligations, and other claims — as filed on the balance sheet. Compare with total assets and net assets for solvency context.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

PSX
Currently viewingTotal LiabilitiesSwitch metric
Latest period
$43.44B
YoY change
-1.5%
5Y CAGR
+5.5%
Peak year (2024)
$44.12B
Latest annual
$43.44B
Total Liabilities history chart for Phillips 66 (PSX) from 2009 to 2025
Total Liabilities history table for Phillips 66 (PSX) from 2009 to 2025
| Fiscal year | Period ended | Reported | Total Liabilities | YoY |
|---|---|---|---|---|
| 2025 | $43.44B | -1.5% | ||
| 2024 | $44.12B | +0.6% | ||
| 2023 | $43.85B | +3.6% | ||
| 2022 | $42.34B | +24.7% | ||
| 2021 | $33.96B | +2.3% | ||
| 2020 | $33.20B | +5.2% | ||
| 2019 | $31.55B | +16.2% | ||
| 2018 | $27.15B | +0.8% | ||
| 2017 | $26.94B | -3.5% | ||
| 2016 | $27.93B | +13.3% | ||
| 2015 | $24.64B | -7.7% | ||
| 2014 | $26.70B | -2.6% | ||
| 2013 | $27.41B | +0.5% | ||
| 2012 | $27.27B | +36.9% | ||
| 2011 | $19.92B | +5.2% | ||
| 2010 | $18.93B | +18.8% | ||
| 2009 | $15.94B | — |
Total Liabilities values are taken from Phillips 66's reported balance sheets (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Phillips 66 (PSX) most recent annual total liabilities stands at $43.44B (2025) – edged down 1.5% year-over-year.
Across 2020–2025 (5 years), Phillips 66 total liabilities produced a CAGR of +5.5% – with the latest reading among the more recent periods of the dataset.
$44.12B stands as the all-time-high annual total liabilities, posted in 2024, against a low of $15.94B during 2009.
Within Energy, Phillips 66 (PSX) ranks 6th among 8 peers we track. The peer median for total liabilities is $50.52B.
Phillips 66 Total Liabilities by Year
Phillips 66 Total Liabilities 2025: $43.44B
Phillips 66 total liabilities in 2025 was $43.44B, edged down 1.5% below 2024.
Phillips 66 Total Liabilities 2024: $44.12B
Phillips 66 total liabilities in 2024 was $44.12B, edged up 0.6% from 2023. This figure represents the highest annual value in the available history.
Phillips 66 Total Liabilities 2023: $43.85B
Phillips 66 total liabilities in 2023 was $43.85B, edged up 3.6% from 2022.
Phillips 66 Total Liabilities 2022: $42.34B
Phillips 66 total liabilities in 2022 was $42.34B, grew 24.7% from 2021.
Phillips 66 Total Liabilities 2021: $33.96B
Phillips 66 total liabilities in 2021 was $33.96B.
See more financial history for Phillips 66 (PSX).
Sector peers — Total Liabilities
Companies in the same sector as Phillips 66, ranked by their latest total liabilities.
| Company | Total Liabilities | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $182.35B | Energy |
| Enbridge Inc. (ENB) | $152.55B | Energy |
| Chevron Corporation (CVX) | $131.84B | Energy |
| ConocoPhillips (COP) | $57.45B | Energy |
| The Williams Companies, Inc. (WMB) | $43.58B | Energy |
| SLB N.V. (SLB) | $27.58B | Energy |
| Valero Energy Corporation (VLO) | $23.78B | Energy |
| EOG Resources, Inc. (EOG) | $21.97B | Energy |
Frequently asked questions
What is Phillips 66's total liabilities?
- Latest reported total liabilities for Phillips 66 (PSX) is $43.44B (period ending December 31, 2025).
How has Phillips 66 total liabilities changed year-over-year?
- Phillips 66 (PSX) total liabilities changed -1.5% year-over-year on the latest annual filing.
What is the long-term growth rate of Phillips 66 total liabilities?
- Phillips 66 (PSX) total liabilities compound annual growth rate is +5.5% over the most recent 5 years available.
When did Phillips 66 total liabilities hit its highest annual value?
- Phillips 66 total liabilities reached its highest annual value of $44.12B in 2024.
What was Phillips 66 total liabilities in 2024?
- Phillips 66 (PSX) total liabilities in 2024 was $44.12B.
What was Phillips 66 total liabilities in 2025?
- Phillips 66 (PSX) total liabilities in 2025 was $43.44B.
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