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.
Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.01 Bn | 104.24 Bn | 9.27 Bn | -791.00 Mn |
| 2 | Valero Energy | 107.68 Bn | 99.80 Bn | 5.47 Bn | - |
| 3 | Phillips 66 | 102.53 Bn | 98.43 Bn | 8.38 Bn | -800.00 Mn |
| 4 | HF Sinclair | 18.97 Bn | 16.70 Bn | 1.57 Bn | 45.00 Mn |
| 5 | Sunoco | 10.41 Bn | 9.64 Bn | 1.46 Bn | - |
| 6 | PBF Energy | 8.78 Bn | 7.89 Bn | 1.15 Bn | -184.40 Mn |
| 7 | Ultrapar Holdings | 7.66 Bn | 5.55 Bn | 912.61 Mn | -241.13 Mn |
| 8 | Icahn Enterprises | 4.56 Bn | 2.59 Bn | 198.00 Mn | - |
| 9 | Delek US Holdings | 4.29 Bn | 3.66 Bn | 365.10 Mn | - |
| 10 | Cvr Energy | 4.26 Bn | 3.53 Bn | 117.00 Mn | 53.00 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 |