Phillips 66 (PSX) Change in Inventory (2011 - 2026)
Phillips 66 (PSX) recorded Change in Inventory of $332 million in Q3 2026, down 59.7% from $823 million a year earlier.
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Analysis
Phillips 66 (PSX) Change in Inventory (2011 - 2026) Analysis & Trends
On a TTM basis, Phillips 66's Change in Inventory came in at -$1.4 billion as of Sep 30, 2026; for FY2025, it was -$160 million.
- Across earlier years, Change in Inventory came in at $278 million in FY2024 (+13.5%), $245 million in FY2023, -$74 million in FY2022 and -$511 million in FY2021.
- Quarterly Change in Inventory has ranged from -$2.59 billion in Q4 2025 to $2.56 billion in Q1 2024 over the past five years.
- On a year-over-year basis, Change in Inventory rose in two of the last four quarters, with an average decline of 3.8%.
- Peak year-over-year performance for Change in Inventory in the last five years was growth of 728.3% in Q2 2023, against a decline of 74.5% in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -$800 million (Q2 2026), $1.66 billion (Q1 2026) and -$2.59 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 688.07 Bn | 646.21 Bn | - | - |
| 2 | Chevron | 421.08 Bn | 393.20 Bn | 33.45 Bn | - |
| 3 | Shell | 295.54 Bn | 155.81 Bn | - | -3.27 Bn |
| 4 | TotalEnergies SE | 194.84 Bn | 65.92 Bn | 31,614.00 | - |
| 5 | Eni Spa | 168.93 Bn | 108.56 Bn | - | -1.99 Bn |
| 6 | Conocophillips | 165.73 Bn | 138.44 Bn | 12.81 Bn | -20.00 Mn |
| 7 | Equinor Asa | 110.59 Bn | 23.44 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 102.76 Bn | 99.76 Bn | 8.84 Bn | - |
| 9 | Phillips 66 | 98.51 Bn | 82.30 Bn | 10.69 Bn | 332.00 Mn |
| 10 | Suncor Energy | 84.36 Bn | 65.05 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 332.00 Mn |
| 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 |
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();