Phillips 66 (PSX) Current Taxes (2011 - 2026)

Phillips 66 (PSX) reported Current Taxes of $1.2 billion for Q1 2026, down 5.05% on a YoY basis from $1.2 billion in Q1 2025, and down 13.07% quarter-over-quarter from $1.4 billion in Q4 2025.

Phillips 66 (PSX) Current Taxes (2011 - 2026) Analysis & Trends

Phillips 66 has reported Current Taxes for 16 years, with the latest figure at $1.2 billion in Q1 2026.

  • For the quarter ending Q1 2026, Current Taxes fell 5.05% year-over-year to $1.2 billion; the trailing twelve-month figure through Mar 2026 stood at $1.2 billion (down 5.05% YoY), and the FY2025 full-year result was $1.4 billion, up 28.49% from the prior year.
  • Current Taxes for Q1 2026 stood at $1.2 billion, down from $1.4 billion in the prior quarter.
  • The five-year high for Current Taxes was $1.8 billion in Q3 2022, with the low at $1.1 billion in Q4 2024.
  • Historically, Current Taxes has averaged $1.3 billion across 5 years, with a median of $1.4 billion in 2025.
  • Annual changes were most pronounced in 2022 — Current Taxes soared 42.66% — and 2023, when it plunged 31.46%.
  • Phillips 66's Current Taxes stood at $1.4 billion in 2022, then decreased by 14.1% to $1.2 billion in 2023, then fell by 11.67% to $1.1 billion in 2024, then advanced by 28.49% to $1.4 billion in 2025, then dropped by 13.07% to $1.2 billion in 2026.
  • The last three Current Taxes figures came in at $1.2 billion (Q1 2026), $1.4 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Marathon Petroleum 76.18 Bn 80.70 Bn 3.31 Bn 1.63 Bn
2 Valero Energy 75.63 Bn 72.96 Bn 30.79 Bn 1.43 Bn
3 Phillips 66 71.92 Bn 67.92 Bn 31.12 Bn 1.18 Bn
4 HF Sinclair 12.56 Bn 11.48 Bn 1.19 Bn 14.00 Mn
5 Sunoco 8.81 Bn 8.10 Bn 1.69 Bn -
6 Cosan 5.12 Bn 250.68 Mn 552.94 Mn 28.44 Mn
7 Icahn Enterprises 4.72 Bn 3.42 Bn -134.00 Mn -
8 PBF Energy 4.49 Bn 4.08 Bn 278.50 Mn -
9 Cvr Energy 3.16 Bn 2.85 Bn -103.00 Mn -
10 Delek US Holdings 2.80 Bn 2.43 Bn -130.20 Mn -

Historic Data

Download Data
DateValue
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
Jun 30, 2021 1.36 Bn