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

Phillips 66's (PSX) quarterly Change in Inventory came in at $1.7 billion in Q1 2026, up 36.57% YoY from $1.2 billion in Q1 2025, and up 164.02% on a QoQ basis from -$2.6 billion in Q4 2025.

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

Phillips 66 (PSX) has 16 years of Change in Inventory data on file, last reported at $1.7 billion in Q1 2026.

  • Quarterly Change in Inventory rose 36.57% year-over-year to $1.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $284.0 million (up 126.72% YoY) and the FY2025 annual result came in at -$160.0 million, down 157.55% from the prior year.
  • Change in Inventory rose to $1.7 billion in Q1 2026, from -$2.6 billion in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $2.6 billion in Q1 2024 to a low of -$2.6 billion in Q4 2025.
  • A 5-year average of $114.5 million and a median of $245.0 million in 2024 frame the typical range for Change in Inventory.
  • The widest YoY moves for Change in Inventory: up 728.32% in 2023, down 129.49% in 2023.
  • Tracing PSX's Change in Inventory over 5 years: 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 96.22 Bn 88.45 Bn 9.27 Bn -791.00 Mn
2 Valero Energy 95.00 Bn 87.13 Bn 5.47 Bn -
3 Phillips 66 89.23 Bn 85.13 Bn 8.38 Bn -800.00 Mn
4 HF Sinclair 15.53 Bn 13.27 Bn 1.57 Bn 45.00 Mn
5 Sunoco 10.08 Bn 9.31 Bn 1.46 Bn -
6 PBF Energy 8.21 Bn 7.32 Bn 1.15 Bn -184.40 Mn
7 Cosan 6.58 Bn 1.47 Bn 552.94 Mn -
8 Ultrapar Holdings 6.41 Bn 4.69 Bn 603.08 Mn -56.46 Mn
9 Icahn Enterprises 5.04 Bn 3.07 Bn 198.00 Mn -
10 Delek US Holdings 3.91 Bn 3.28 Bn 365.10 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 -800.00 Mn
Jun 30, 2026 -800.00 Mn
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