Phillips 66 risk profile
56 Elevated one input has moved against it
Measured 21 October 2026 from PSX's filed statements. Recomputed nightly.
56 (Elevated), driven by Concentration at 76, over 6 weighted categories on the MANUFACTURER profile.
What is measured
| Mechanism | Reading | Band | Direction | Driver |
|---|---|---|---|---|
| Market expectation | 22 | Normal | Stable | One-year price volatility — 31.4% |
| Operating pressure | 54 | Elevated | Easing | Operating-margin drift — -3.1 percentage points |
| Cash conversion | 48 | Elevated | Worsening | Capital spending against operating cash — 0.45x |
| Leverage and coverage | 22 | Normal | Easing | Current ratio — 1.30x |
| Competitive position | 63 | Stretched | Stable | Operating-margin gap against peers — -8.4 percentage points |
| Concentration | 76 | Stretched | Stable | Geographic concentration — 6,317 HHI |
These are descriptive readings of disclosed mechanisms, not investment advice, and not a prediction. A band says where a measured input sits, never what to do about it or what happens next.