Phillips 66 (PSX) Current Taxes (2011 - 2026)
Phillips 66's (PSX) quarterly Current Taxes came in at $1.2 billion in Q1 2026, down 5.05% YoY from $1.2 billion in Q1 2025, and down 13.07% on a QoQ basis from $1.4 billion in Q4 2025.
Phillips 66 (PSX) Current Taxes (2011 - 2026) Analysis & Trends
Phillips 66 (PSX) has 16 years of Current Taxes data on file, last reported at $1.2 billion in Q1 2026.
- Quarterly Current Taxes fell 5.05% year-over-year to $1.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.2 billion (down 5.05% YoY) and the FY2025 annual result came in at $1.4 billion, up 28.49% from the prior year.
- Current Taxes slipped to $1.2 billion in Q1 2026, from $1.4 billion in the prior quarter.
- In the past five years, Current Taxes ranged from a high of $1.8 billion in Q3 2022 to a low of $1.1 billion in Q4 2024.
- A 5-year average of $1.3 billion and a median of $1.4 billion in 2025 frame the typical range for Current Taxes.
- Annual changes were most pronounced in 2022 — Current Taxes soared 42.66% — and 2023, when it plunged 31.46%.
- Tracing PSX's Current Taxes over 5 years: 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 96.26 Bn | 88.49 Bn | 9.27 Bn | 2.43 Bn |
| 2 | Valero Energy | 94.91 Bn | 87.03 Bn | 5.47 Bn | 1.57 Bn |
| 3 | Phillips 66 | 89.31 Bn | 85.22 Bn | 8.38 Bn | 2.01 Bn |
| 4 | HF Sinclair | 15.52 Bn | 13.26 Bn | 1.57 Bn | 149.00 Mn |
| 5 | Sunoco | 10.14 Bn | 9.36 Bn | 1.46 Bn | - |
| 6 | PBF Energy | 8.18 Bn | 7.29 Bn | 1.15 Bn | - |
| 7 | Cosan | 6.58 Bn | 1.47 Bn | 552.94 Mn | 28.44 Mn |
| 8 | Ultrapar Holdings | 6.36 Bn | 4.64 Bn | 603.08 Mn | 142.31 Mn |
| 9 | Icahn Enterprises | 5.05 Bn | 3.08 Bn | 198.00 Mn | - |
| 10 | Delek US Holdings | 3.90 Bn | 3.27 Bn | 365.10 Mn | - |
Historic Data
Download 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 |