Phillips 66 (PSX) Change in Taxes (2011 - 2026)
Phillips 66's (PSX) quarterly Change in Taxes came in at $591.0 million in Q2 2026, up 8.84% on a YoY basis from $543.0 million in Q2 2025, and up 25.74% quarter-over-quarter from $470.0 million in Q1 2026.
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Phillips 66 (PSX) Change in Taxes (2011 - 2026) Analysis & Trends
Phillips 66 (PSX) has reported Change in Taxes for 16 consecutive years, with $591.0 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Change in Taxes rose 8.84% year-over-year to $591.0 million; the trailing twelve-month figure through Jun 2026 stood at $637.0 million (up 30.8% YoY), and the FY2025 full-year result was $230.0 million, up 149.57% from the prior year.
- Change in Taxes grew to $591.0 million in Q2 2026 per PSX's latest filing, from $470.0 million in the prior quarter.
- Across five years, Change in Taxes topped out at $591.0 million in Q2 2026 and bottomed at -$653.0 million in Q1 2023.
- Historically, Change in Taxes has averaged $41.3 million across 5 years, with a median of $122.0 million in 2022.
- The sharpest annual moves came in 2023 and 2026: Change in Taxes tumbled 648.74% in 2023, then soared 323.42% in 2026.
- Over 5 years, Change in Taxes stood at -$585.0 million in 2022, then rose by 27.86% to -$422.0 million in 2023, then retreated by 5.92% to -$447.0 million in 2024, then fell by 7.61% to -$481.0 million in 2025, then jumped by 222.87% to $591.0 million in 2026.
- According to Business Quant data, Change in Taxes over the past three periods registered $591.0 million, $470.0 million, and -$481.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 406.10 Bn | 403.25 Bn | 33.45 Bn | - |
| 2 | Shell | 256.90 Bn | 217.03 Bn | 30.13 Bn | -2.93 Bn |
| 3 | TotalEnergies SE | 202.32 Bn | 173.15 Bn | 23.46 Bn | - |
| 4 | Eni Spa | 172.63 Bn | 162.79 Bn | - | 1.54 Bn |
| 5 | Conocophillips | 153.88 Bn | 146.19 Bn | 12.81 Bn | - |
| 6 | Equinor Asa | 107.31 Bn | 98.05 Bn | - | -7.08 Bn |
| 7 | Phillips 66 | 102.33 Bn | 99.43 Bn | 8.38 Bn | 591.00 Mn |
| 8 | Canadian Natural Resources | 99.17 Bn | 97.27 Bn | 8.84 Bn | 454.72 Mn |
| 9 | Suncor Energy | 81.11 Bn | 75.74 Bn | 17.50 Bn | 1.46 Bn |
| 10 | Eog Resources | 74.44 Bn | 69.53 Bn | - | -69.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 591.00 Mn |
| Mar 31, 2026 | 470.00 Mn |
| Dec 31, 2025 | -481.00 Mn |
| Sep 30, 2025 | 57.00 Mn |
| Jun 30, 2025 | 543.00 Mn |
| Mar 31, 2025 | 111.00 Mn |
| Dec 31, 2024 | -447.00 Mn |
| Sep 30, 2024 | 280.00 Mn |
| Jun 30, 2024 | 293.00 Mn |
| Mar 31, 2024 | -590.00 Mn |
| Dec 31, 2023 | -422.00 Mn |
| Sep 30, 2023 | 125.00 Mn |
| Jun 30, 2023 | 287.00 Mn |
| Mar 31, 2023 | -653.00 Mn |
| Dec 31, 2022 | -585.00 Mn |
| Sep 30, 2022 | 461.00 Mn |
| Jun 30, 2022 | 585.00 Mn |
| Mar 31, 2022 | 119.00 Mn |
| Dec 31, 2021 | -369.00 Mn |
| Sep 30, 2021 | 112.00 Mn |
API Access
Phillips 66 Change in Taxes 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-taxes&ticker=PSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-taxes", "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-taxes&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();