Phillips 66 (PSX) Current Taxes (2011 - 2026)
Phillips 66 (PSX) reported Current Taxes of $2.01 billion for Q2 2026, up 31.1% from $1.54 billion a year earlier and up 69.9% from the prior quarter.
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Analysis
Phillips 66 (PSX) Current Taxes (2011 - 2026) Analysis & Trends
At the end of FY2025, Phillips 66 posted Current Taxes of $1.36 billion, up 28.5% from FY2024.
- Current Taxes has a five-year compound annual growth rate of 0.2% (FY2020 to FY2025).
- By year, Current Taxes came in at $1.06 billion in FY2024 (-11.7%), $1.2 billion in FY2023 (-14.1%), $1.4 billion in FY2022 (+11.4%) and $1.25 billion in FY2021 (-7.2%).
- The Q2 2026 figure ranks as the highest quarterly Current Taxes in data going back to Q4 2011.
- Year over year, Current Taxes gained in five of the last eight quarters, with growth averaging 9.8%.
- The high point for year-over-year Current Taxes in five years was Q3 2022 (growth of 42.7%); the low point was Q2 2023 (a decline of 31.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.18 billion (Q1 2026), $1.36 billion (Q4 2025) and $1.43 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 746.42 Bn | 702.90 Bn | - | 4.20 Bn |
| 2 | Chevron | 442.96 Bn | 415.08 Bn | 33.45 Bn | 2.20 Bn |
| 3 | Shell | 313.69 Bn | 243.43 Bn | 30.13 Bn | 4.35 Bn |
| 4 | TotalEnergies SE | 200.00 Bn | 80.58 Bn | 61.77 Bn | - |
| 5 | Conocophillips | 177.72 Bn | 150.43 Bn | 12.81 Bn | 2.54 Bn |
| 6 | Equinor Asa | 121.70 Bn | 36.16 Bn | - | 14.33 Bn |
| 7 | Phillips 66 | 117.59 Bn | 105.38 Bn | 8.38 Bn | 2.01 Bn |
| 8 | Canadian Natural Resources | 112.49 Bn | 109.50 Bn | 8.84 Bn | 693.93 Mn |
| 9 | Suncor Energy | 94.96 Bn | 80.71 Bn | - | 87.00 Mn |
| 10 | Eni Spa | 89.38 Bn | 33.94 Bn | - | 479.73 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();