Phillips 66 (PSX) Asset Writedowns and Impairment (2011 - 2026)

Phillips 66 has reported Asset Writedowns and Impairment for 16 years, with the latest figure at $8.0 million in Q1 2026.

• For the quarter ending Q1 2026, Asset Writedowns and Impairment fell 69.23% year-over-year to $8.0 million; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (up 241.32% YoY), and the FY2025 full-year result was $1.1 billion, up 141.23% from the prior year.
• Asset Writedowns and Impairment for Q1 2026 stood at $8.0 million, down from $119.0 million in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $951.0 million in Q3 2025, with the low at $2.0 million in Q2 2022.
• Historically, Asset Writedowns and Impairment has averaged $105.8 million across 5 years, with a median of $26.0 million in 2025.
• Annual changes were most pronounced in 2024 — Asset Writedowns and Impairment soared 5525.0% — and 2025, when it tumbled 98.22%.
• Phillips 66's Asset Writedowns and Impairment stood at $58.0 million in 2022, then slumped by 84.48% to $9.0 million in 2023, then jumped by 311.11% to $37.0 million in 2024, then soared by 221.62% to $119.0 million in 2025, then tumbled by 93.28% to $8.0 million in 2026.
• The last three Asset Writedowns and Impairment figures came in at $8.0 million (Q1 2026), $119.0 million (Q4 2025), and $951.0 million (Q3 2025), per Business Quant data.