Phillips 66 (PSX) Change in Taxes (2011 - 2026)
Phillips 66 (PSX) posted Change in Taxes of $990 million for Q3 2026, compared with $57 million a year earlier and up 67.5% from the prior quarter.
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Analysis
Phillips 66 (PSX) Change in Taxes (2011 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Change in Taxes at Phillips 66 was $1.57 billion, up 494.7% year-over-year; for FY2025, it came in at $230 million.
- Annual Change in Taxes shows a five-year compound annual growth rate of -15.0% (FY2020 to FY2025).
- In prior years, Phillips 66's Change in Taxes was -$464 million in FY2024, -$663 million in FY2023, $580 million in FY2022 and -$56 million in FY2021.
- The Q3 2026 figure stands as the highest quarterly Change in Taxes in data going back to Q1 2011.
- On a year-over-year basis, Change in Taxes increased in three of the last four quarters, with growth averaging 84.5%.
- The strongest year-over-year quarter for Change in Taxes in the past five years was Q1 2026, with growth of 323.4%; the weakest was Q3 2025, with a decline of 79.6%.
- According to Business Quant data, Change in Taxes for the three prior quarters was $591 million (Q2 2026), $470 million (Q1 2026) and -$481 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Taxes (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 | - | - |
| 4 | TotalEnergies SE | 194.84 Bn | 65.92 Bn | 31,614.00 | - |
| 5 | Eni Spa | 168.93 Bn | 108.56 Bn | - | - |
| 6 | Conocophillips | 165.73 Bn | 138.44 Bn | 12.81 Bn | - |
| 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 | 775.70 Mn |
| 9 | Phillips 66 | 98.51 Bn | 82.30 Bn | 10.69 Bn | 990.00 Mn |
| 10 | Suncor Energy | 84.36 Bn | 65.05 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 990.00 Mn |
| 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 |
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();