Phillips 66MEX:PSX 66 ROA % is 1.05% as of Mar. 2026, which is 82% below its 10-year median of 5.73. GuruFocus rates MEX:PSX with a GF Score™ of 66/100 and a GF Value™ of MXN2,552.07 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,025 Oil & Gas companies, Phillips 66 ranks better than 71.51% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Phillips 66's annualizedNet Income for the quarter that ended in Mar. 2026 was MXN14,931 Mil.
Phillips 66's average Total Assets over the quarter that ended in Mar. 2026 was MXN1,421,461 Mil. Therefore, Phillips 66's annualized ROA % for the quarter that ended in Mar. 2026 was 1.05%.
The historical rank and industry rank for Phillips 66's ROA % or its related term are showing as below:
MEX:PSX'
s ROA % Range Over the Past 10 Years
Min: -7.01 Med: 5.73 Max: 16.7
Current: 5.4
During the past 13 years, Phillips 66's highest ROA % was 16.70%. The lowest was -7.01%. And the median was 5.73%.
MEX:PSX's ROA % is ranked better than 71.51% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs MEX:PSX: 5.40
Phillips 66 (MEX:PSX) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Phillips 66 ROA % Related Terms
Phillips 66 ROA % Historical Data
* Premium members only.
The historical data trend for Phillips 66's ROA % 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.
For the Oil & Gas Refining & Marketing subindustry, Phillips 66's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Phillips 66 ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Phillips 66's ROA % distribution charts can be found below:
* The bar in red indicates where Phillips 66's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Phillips 66 (MEX:PSX) has a ROA % of 1.05% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Phillips 66 and its competitors. This is 82% below median its historical median of 5.73. According to the industry distribution chart, Phillips 66 ranks #292 out of 1025 companies in the Oil & Gas industry, placing it in the top 28.5%.
Is Phillips 66's ROA % too high?
Phillips 66's current ROA % of 1.05% is 82% below median its 10-year median of 5.73. The Oil & Gas industry median ROA % is 1.89. Phillips 66's value of 1.05% is 44.4% below this industry median. Based on the distribution chart, Phillips 66 ranks #292 out of 1025 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Phillips 66 has a GF Score™ of 66/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Phillips 66's ROA % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Phillips 66 ranks #292 out of 1025 companies for ROA %. This puts Phillips 66 in the upper half of its industry. The industry median ROA % is 1.89. Phillips 66's value of 1.05% is 44.4% below this benchmark. While the company's 10-year median is 5.73 vs. the industry median of 1.89, Phillips 66 has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Phillips 66's current ROA % of 1.05% is 44.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Phillips 66 and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Phillips 66's current ROA % is 1.05%, which is 82% below median its own 10-year median of 5.73. 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 (MEX:PSX) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN2,552.07, compared to a current price of MXN3,169.00 — trading 24.2% above its estimated fair value. The current ROA % is 1.05%, which is 82% below median its 10-year median of 5.73 and 44.4% below the Oil & Gas industry median of 1.89. Phillips 66's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Phillips 66 (MEX:PSX), the current ROA % is 1.05% as of Mar. 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 (MEX:PSX) Overvalued in 2026?
Based on GuruFocus' analysis, Phillips 66 stock appears to be overvalued.
The current stock price of MXN3,169.00 is trading 24.2% above its estimated GF Value™ of MXN2,552.07.
GuruFocus considers Phillips 66 to be Modestly Overvalued.
Key valuation signals for MEX:PSX:
ROA %: 1.05% (82% below median its 10-year median of 5.73)
GF Value™: MXN2,552.07 vs. price of MXN3,169.00 (24.2% above fair value)
Industry Position: 44.4% below the Oil & Gas median (#292 of 1025)
No single metric tells the full story. See the MEX:PSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phillips 66 is an independent refiner that owns or holds interest in 10 refineries with a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, at the end of 2025. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crude oil, refined petroleum product, NGL and natural gas pipeline systems, and a comprehensive set of refined petroleum product, NGL and crude oil terminals, gathering and processing plants and fractionation facilities and various other storage and loading facilities. Its CPChem chemical joint venture operates facilities primarily in the United States and the Middle East and produces olefins and polyolefins.
66GF Score
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