Phillips 66 (MIL:1PSX) Current Accrued Expense: €1,388 Mil (As of Jun. 2026)

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MIL:1PSX Phillips 66 MIL:1PSX
45 GF Score
Price €232.40
GF Value €143.29
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Phillips 66 Current Accrued Expense?

Phillips 66 MIL:1PSX 45 Current Accrued Expense is €1,388 Mil as of Jun. 2026. GuruFocus rates MIL:1PSX with a GF Score™ of 45/100 and a GF Value™ of €143.29 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Phillips 66's Current Accrued Expense for the quarter that ended in Jun. 2026 was €1,388 Mil.

Phillips 66's quarterly Current Accrued Expense increased from Dec. 2025 (€493 Mil) to Mar. 2026 (€1,462 Mil) but then declined from Mar. 2026 (€1,462 Mil) to Jun. 2026 (€1,388 Mil).

Phillips 66's annual Current Accrued Expense declined from Dec. 2023 (€773 Mil) to Dec. 2024 (€593 Mil) and declined from Dec. 2024 (€593 Mil) to Dec. 2025 (€493 Mil).

Phillips 66 Current Accrued Expense Historical Data

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The historical data trend for Phillips 66's Current Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Phillips 66 Current Accrued Expense Chart

Phillips 66 Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Accrued Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 408.02 1,204.03 773.10 592.95 493.00

Phillips 66 Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Current Accrued Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,334.07 1,414.47 493.00 1,461.55 1,388.09
MIL:1PSX
45GF Score
Phillips 66 MIL:1PSX
Current Accrued Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Phillips 66 Current Accrued Expense Calculation

Current Accrued Expense is the expense incurred during the accounting period, but not required to be paid until a later date. It includes compensation, interest, pensions and all other miscellaneous accruals reported by the company.

What does a Current Accrued Expense of €1,388 Mil mean?
Phillips 66 (MIL:1PSX) has a Current Accrued Expense of €1,388 Mil as of Jun. 2026. Current Accrued Expense records the total amount of accrued expenses. View historical data on Phillips 66 and its competitors.
Is Phillips 66's Current Accrued Expense too high?
Phillips 66's current Current Accrued Expense is €1,388 Mil. Overall, Phillips 66 has a GF Score™ of 45/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phillips 66's Current Accrued Expense compare to VLO and MPC?
Phillips 66's Current Accrued Expense of €1,388 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Accrued Expense for an Oil & Gas company?
A good Current Accrued Expense depends on the Oil & Gas industry context. However, Current Accrued Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Accrued Expense mean?
A high Current Accrued Expense can signal that a stock is expensive relative to its fundamentals. Current Accrued Expense records the total amount of accrued expenses. View historical data on Phillips 66 and its competitors. Phillips 66's current Current Accrued Expense is €1,388 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phillips 66 stock overvalued right now?
Based on GuruFocus' analysis, Phillips 66 (MIL:1PSX) is currently considered Significantly Overvalued. The stock's GF Value™ is €143.29, compared to a current price of €232.40 — trading 62.2% above its estimated fair value. The current Current Accrued Expense is €1,388 Mil. Phillips 66's overall GF Score™ is 45/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Accrued Expense calculated?
Current Accrued Expense is calculated from a company's financial statements. For Phillips 66 (MIL:1PSX), the current Current Accrued Expense is €1,388 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Phillips 66 (MIL:1PSX) Overvalued in 2026?

Based on GuruFocus' analysis, Phillips 66 stock appears to be overvalued. The current stock price of €232.40 is trading 62.2% above its estimated GF Value™ of €143.29. GuruFocus considers Phillips 66 to be Significantly Overvalued.

Key valuation signals for MIL:1PSX:

  • Current Accrued Expense: €1,388 Mil
  • GF Value™: €143.29 vs. price of €232.40 (62.2% above fair value)
  • GF Score™: 45/100 with 8 warning signs

No single metric tells the full story. See the MIL:1PSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Phillips 66 Business Description

Industry EnergyOil & Gas
Address 2331 CityWest Boulevard, Houston, TX, USA, 77042
Phillips 66 is a diversified downstream energy company spun off from ConocoPhillips in 2012. It operates refineries across the United States and Europe with roughly 1.8 million barrels per day of net crude capacity, marketing fuels through the Phillips 66, 76, and Conoco brands in the U.S. and JET in Europe. Its Midstream segment, expanded through the acquisitions of DCP Midstream and EPIC's NGL business, provides natural gas liquids gathering, processing, fractionation, and transportation, while the Chemicals segment operates through CPChem, its 50/50 joint venture with Chevron, a global leader in ethylene and polyethylene. The company also produces renewable fuels at its converted Rodeo, California complex. Phillips 66 is headquartered in Houston, Texas.
45GF Score

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Current Accrued Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€232.40
Price
€143.29
GF Value