Phillips 66 (PSX) Current Taxes (2011 - 2026)
Phillips 66's (PSX) quarterly Current Taxes came in at $2.0 billion in Q2 2026, up 31.07% on a YoY basis from $1.5 billion in Q2 2025, and up 69.93% quarter-over-quarter from $1.2 billion in Q1 2026.
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Analysis
Phillips 66 (PSX) Current Taxes (2011 - 2026) Analysis & Trends
Phillips 66 (PSX) has reported Current Taxes for 16 consecutive years, with $2.0 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Current Taxes rose 31.07% year-over-year to $2.0 billion; the trailing twelve-month figure through Jun 2026 stood at $2.0 billion (up 31.07% YoY), and the FY2025 full-year result was $1.4 billion, up 28.49% from the prior year.
- Current Taxes grew to $2.0 billion in Q2 2026 per PSX's latest filing, from $1.2 billion in the prior quarter.
- Across five years, Current Taxes topped out at $2.0 billion in Q2 2026 and bottomed at $1.1 billion in Q4 2024.
- Historically, Current Taxes has averaged $1.4 billion across 5 years, with a median of $1.4 billion in 2022.
- The sharpest annual moves came in 2022 and 2023: Current Taxes jumped 42.66% in 2022, then sank 31.46% in 2023.
- Over 5 years, Current Taxes stood at $1.4 billion in 2022, then dropped by 14.1% to $1.2 billion in 2023, then decreased by 11.67% to $1.1 billion in 2024, then grew by 28.49% to $1.4 billion in 2025, then jumped by 47.72% to $2.0 billion in 2026.
- According to Business Quant data, Current Taxes over the past three periods registered $2.0 billion, $1.2 billion, and $1.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 406.10 Bn | 403.25 Bn | 33.45 Bn | 2.20 Bn |
| 2 | Shell | 256.90 Bn | 217.03 Bn | 30.13 Bn | 4.35 Bn |
| 3 | TotalEnergies SE | 202.32 Bn | 173.15 Bn | 23.46 Bn | - |
| 4 | Eni Spa | 172.63 Bn | 162.79 Bn | - | 488.19 Mn |
| 5 | Conocophillips | 153.88 Bn | 146.19 Bn | 12.81 Bn | 2.54 Bn |
| 6 | Equinor Asa | 107.31 Bn | 98.05 Bn | - | 14.33 Bn |
| 7 | Phillips 66 | 102.33 Bn | 99.43 Bn | 8.38 Bn | 2.01 Bn |
| 8 | Canadian Natural Resources | 99.17 Bn | 97.27 Bn | 8.84 Bn | 712.80 Mn |
| 9 | Suncor Energy | 81.11 Bn | 75.74 Bn | 17.50 Bn | 87.00 Mn |
| 10 | Eog Resources | 74.44 Bn | 69.53 Bn | - | 697.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.01 Bn |
| Mar 31, 2026 | 1.18 Bn |
| Dec 31, 2025 | 1.36 Bn |
| Sep 30, 2025 | 1.43 Bn |
| Jun 30, 2025 | 1.54 Bn |
| Mar 31, 2025 | 1.25 Bn |
| Dec 31, 2024 | 1.06 Bn |
| Sep 30, 2024 | 1.21 Bn |
| Jun 30, 2024 | 1.37 Bn |
| Mar 31, 2024 | 1.09 Bn |
| Dec 31, 2023 | 1.20 Bn |
| Sep 30, 2023 | 1.35 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Mar 31, 2023 | 1.39 Bn |
| Dec 31, 2022 | 1.40 Bn |
| Sep 30, 2022 | 1.84 Bn |
| Jun 30, 2022 | 1.72 Bn |
| Mar 31, 2022 | 1.36 Bn |
| Dec 31, 2021 | 1.25 Bn |
| Sep 30, 2021 | 1.29 Bn |
API Access
Phillips 66 Current 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=current-taxes&ticker=PSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-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=current-taxes&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();