Phillips 66 (PSX) Change in Inventory (2011 - 2026)
Phillips 66's (PSX) quarterly Change in Inventory came in at -$800.0 million in Q2 2026, down 303.56% on a YoY basis from $393.0 million in Q2 2025, and down 148.25% quarter-over-quarter from $1.7 billion in Q1 2026.
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Phillips 66 (PSX) Change in Inventory (2011 - 2026) Analysis & Trends
Phillips 66 (PSX) has reported Change in Inventory for 16 consecutive years, with -$800.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Inventory fell 303.56% year-over-year to -$800.0 million; the trailing twelve-month figure through Jun 2026 stood at -$909.0 million (up 0.66% YoY), and the FY2025 full-year result was -$160.0 million, down 157.55% from the prior year.
- Change in Inventory declined to -$800.0 million in Q2 2026 per PSX's latest filing, from $1.7 billion in the prior quarter.
- Across five years, Change in Inventory topped out at $2.6 billion in Q1 2024 and bottomed at -$2.6 billion in Q4 2025.
- Historically, Change in Inventory has averaged $63.7 million across 5 years, with a median of $179.0 million in 2022.
- The sharpest annual moves came in 2023 and 2026: Change in Inventory soared 728.32% in 2023, then sank 303.56% in 2026.
- Over 5 years, Change in Inventory stood at -$1.0 billion in 2022, then tumbled by 93.2% to -$2.0 billion in 2023, then declined by 0.3% to -$2.0 billion in 2024, then slipped by 28.03% to -$2.6 billion in 2025, then jumped by 69.11% to -$800.0 million in 2026.
- According to Business Quant data, Change in Inventory over the past three periods registered -$800.0 million, $1.7 billion, and -$2.6 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 406.10 Bn | 403.25 Bn | 33.45 Bn | - |
| 2 | Shell | 256.90 Bn | 217.03 Bn | 30.13 Bn | 3.74 Bn |
| 3 | TotalEnergies SE | 202.32 Bn | 173.15 Bn | 23.46 Bn | - |
| 4 | Eni Spa | 172.63 Bn | 162.79 Bn | - | -1.39 Bn |
| 5 | Conocophillips | 153.88 Bn | 146.19 Bn | 12.81 Bn | -20.00 Mn |
| 6 | Equinor Asa | 107.31 Bn | 98.05 Bn | - | - |
| 7 | Phillips 66 | 102.33 Bn | 99.43 Bn | 8.38 Bn | -800.00 Mn |
| 8 | Canadian Natural Resources | 99.17 Bn | 97.27 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 81.11 Bn | 75.74 Bn | 17.50 Bn | - |
| 10 | Eog Resources | 74.44 Bn | 69.53 Bn | - | -26.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -800.00 Mn |
| Mar 31, 2026 | 1.66 Bn |
| Dec 31, 2025 | -2.59 Bn |
| Sep 30, 2025 | 823.00 Mn |
| Jun 30, 2025 | 393.00 Mn |
| Mar 31, 2025 | 1.21 Bn |
| Dec 31, 2024 | -2.02 Bn |
| Sep 30, 2024 | -499.00 Mn |
| Jun 30, 2024 | 245.00 Mn |
| Mar 31, 2024 | 2.56 Bn |
| Dec 31, 2023 | -2.02 Bn |
| Sep 30, 2023 | -677.00 Mn |
| Jun 30, 2023 | 936.00 Mn |
| Mar 31, 2023 | 2.00 Bn |
| Dec 31, 2022 | -1.04 Bn |
| Sep 30, 2022 | -295.00 Mn |
| Jun 30, 2022 | 113.00 Mn |
| Mar 31, 2022 | 1.15 Bn |
| Dec 31, 2021 | -1.01 Bn |
| Sep 30, 2021 | -326.00 Mn |
API Access
Phillips 66 Change in Inventory API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-inventory&ticker=PSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "ticker": "PSX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=change-in-inventory&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();