Phillips 66 (PSX) Change in Inventory (2011 - 2026)

Phillips 66 (PSX) reported Change in Inventory of $1.7 billion for Q1 2026, up 36.57% on a YoY basis from $1.2 billion in Q1 2025, and up 164.02% quarter-over-quarter from -$2.6 billion in Q4 2025.

Phillips 66 (PSX) Change in Inventory (2011 - 2026) Analysis & Trends

Phillips 66 has reported Change in Inventory for 16 years, with the latest figure at $1.7 billion in Q1 2026.

  • For the quarter ending Q1 2026, Change in Inventory rose 36.57% year-over-year to $1.7 billion; the trailing twelve-month figure through Mar 2026 stood at $284.0 million (up 126.72% YoY), and the FY2025 full-year result was -$160.0 million, down 157.55% from the prior year.
  • Change in Inventory for Q1 2026 stood at $1.7 billion, up from -$2.6 billion in the prior quarter.
  • The five-year high for Change in Inventory was $2.6 billion in Q1 2024, with the low at -$2.6 billion in Q4 2025.
  • Historically, Change in Inventory has averaged $114.5 million across 5 years, with a median of $245.0 million in 2024.
  • The largest YoY upside for Change in Inventory was 728.32% in 2023 against a maximum downside of 129.49% in 2023.
  • Phillips 66's Change in Inventory stood at -$1.0 billion in 2022, then sank by 93.2% to -$2.0 billion in 2023, then slipped by 0.3% to -$2.0 billion in 2024, then retreated by 28.03% to -$2.6 billion in 2025, then surged by 164.02% to $1.7 billion in 2026.
  • The last three Change in Inventory figures came in at $1.7 billion (Q1 2026), -$2.6 billion (Q4 2025), and $823.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Marathon Petroleum 76.18 Bn 80.70 Bn 3.31 Bn 635.00 Mn
2 Valero Energy 75.63 Bn 72.96 Bn 30.79 Bn -
3 Phillips 66 71.92 Bn 67.92 Bn 31.12 Bn 1.66 Bn
4 HF Sinclair 12.56 Bn 11.48 Bn 1.19 Bn 20.00 Mn
5 Sunoco 8.81 Bn 8.10 Bn 1.69 Bn -
6 Cosan 5.12 Bn 250.68 Mn 552.94 Mn -
7 Icahn Enterprises 4.72 Bn 3.42 Bn -134.00 Mn -
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn 202.20 Mn
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn 79.00 Mn
10 Delek US Holdings 2.80 Bn 2.43 Bn -130.20 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 1.66 Bn
Mar 31, 2026 1.66 Bn
Dec 31, 2025 -2.59 Bn
Dec 31, 2025 -2.59 Bn
Sep 30, 2025 823.00 Mn
Sep 30, 2025 823.00 Mn
Jun 30, 2025 393.00 Mn
Jun 30, 2025 393.00 Mn
Mar 31, 2025 1.21 Bn
Mar 31, 2025 1.21 Bn
Dec 31, 2024 -2.02 Bn
Dec 31, 2024 -2.02 Bn
Sep 30, 2024 -499.00 Mn
Sep 30, 2024 -499.00 Mn
Jun 30, 2024 245.00 Mn
Jun 30, 2024 245.00 Mn
Mar 31, 2024 2.56 Bn
Mar 31, 2024 2.56 Bn
Dec 31, 2023 -2.02 Bn
Dec 31, 2023 -2.02 Bn