PSX Debt-to-Equity Ratio Analysis
Updated 153h ago·SEC filings & market data
Key Takeaway
The debt-to-equity ratio measures a company’s total debt against its shareholders’ equity, with 0.65x meaning PSX carries $0.65 of debt for every $1 of equity.
Sector Performance
45th percentilePSX
0.65x
Sector Median
0.74x
Sector Avg
2.51x
Prior Period
0.95x(Jul 2026)
Deep Analysis
The debt-to-equity ratio measures a company’s total debt against its shareholders’ equity, with 0.65x meaning PSX carries $0.65 of debt for every $1 of equity.
This is slightly below the sector median of 0.74x, placing PSX in the 45th percentile among peers, so leverage is modestly lower than most comparable companies. The trend data is N/A, with both year-over-year and quarter-over-quarter changes unavailable, meaning there is no observable direction from the provided figures. Because the leverage level is slightly conservative but the trend is unknown, the investment risk is largely neutral — no clear sign of increasing or decreasing financial pressure. This metric supports the overall NEUTRAL verdict, as the debt level does not indicate a major red flag or a notable advantage relative to the sector.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about PSX?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
Who are PSX's closest peers by Debt-to-Equity Ratio?
The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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0.65x
Sector Median
0.74x
Sector Avg
2.51x
How PSX's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.