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Phillips 66 (PSX) Asset Writedowns and Impairment (2016 - 2026)

Phillips 66 filings provide 16 years of Asset Writedowns and Impairment readings, the most recent being $8.0 million for Q1 2026.

  • On a quarterly basis, Asset Writedowns and Impairment fell 69.23% to $8.0 million in Q1 2026 year-over-year; TTM through Mar 2026 was $1.1 billion, a 241.32% increase, with the full-year FY2025 number at $1.1 billion, up 141.23% from a year prior.
  • Asset Writedowns and Impairment hit $8.0 million in Q1 2026 for Phillips 66, down from $119.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $951.0 million in Q3 2025 to a low of $2.0 million in Q2 2022.
  • Median Asset Writedowns and Impairment over the past 5 years was $26.0 million (2025), compared with a mean of $105.8 million.
  • Biggest five-year swings in Asset Writedowns and Impairment: surged 5525.0% in 2024 and later tumbled 98.22% in 2025.
  • Phillips 66's Asset Writedowns and Impairment stood at $58.0 million in 2022, then tumbled by 84.48% to $9.0 million in 2023, then soared by 311.11% to $37.0 million in 2024, then surged by 221.62% to $119.0 million in 2025, then crashed by 93.28% to $8.0 million in 2026.
  • The last three reported values for Asset Writedowns and Impairment were $8.0 million (Q1 2026), $119.0 million (Q4 2025), and $951.0 million (Q3 2025) per Business Quant data.