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

Phillips 66 has reported Change in Taxes for 16 years, with the latest figure at $470.0 million in Q1 2026.

• For the quarter ending Q1 2026, Change in Taxes rose 323.42% year-over-year to $470.0 million; the trailing twelve-month figure through Mar 2026 stood at $589.0 million (up 148.52% YoY), and the FY2025 full-year result was $230.0 million, up 149.57% from the prior year.
• Change in Taxes for Q1 2026 stood at $470.0 million, up from -$481.0 million in the prior quarter.
• The five-year high for Change in Taxes was $585.0 million in Q2 2022, with the low at -$653.0 million in Q1 2023.
• Historically, Change in Taxes has averaged $9.0 million across 5 years, with a median of $119.0 million in 2022.
• Annual changes were most pronounced in 2023 — Change in Taxes slumped 648.74% — and 2026, when it surged 323.42%.
• Phillips 66's Change in Taxes stood at -$585.0 million in 2022, then grew by 27.86% to -$422.0 million in 2023, then declined by 5.92% to -$447.0 million in 2024, then dropped by 7.61% to -$481.0 million in 2025, then surged by 197.71% to $470.0 million in 2026.
• The last three Change in Taxes figures came in at $470.0 million (Q1 2026), -$481.0 million (Q4 2025), and $57.0 million (Q3 2025), per Business Quant data.