Phillips 66 (PSX) Deferred Taxes (2011 - 2026)
Phillips 66's Deferred Taxes came in at $242 million for Q3 2026, compared with $14 million a year earlier and up 266.7% from the prior quarter.
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Analysis
Phillips 66 (PSX) Deferred Taxes (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Phillips 66 reported Deferred Taxes of $720 million; for FY2025, it came in at $178 million.
- Deferred Taxes carries a five-year compound annual growth rate of 7.2% (FY2020 to FY2025).
- Going back by year, Deferred Taxes was -$251 million in FY2024, $840 million in FY2023 (-36.4%), $1.32 billion in FY2022 and -$272 million in FY2021.
- The five-year range for quarterly Deferred Taxes is -$164 million (Q4 2024) to $856 million (Q3 2022).
- The fastest year-over-year change in Deferred Taxes over five years came in Q4 2022 (growth of 866.7%), and the weakest in Q3 2025 (a decline of 87.6%).
- Business Quant data shows PSX's Deferred Taxes at $66 million (Q2 2026), $67 million (Q1 2026) and $345 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 688.07 Bn | 646.21 Bn | - | - |
| 2 | Chevron | 421.08 Bn | 393.20 Bn | 33.45 Bn | 298.00 Mn |
| 3 | Shell | 295.54 Bn | 155.81 Bn | - | - |
| 4 | TotalEnergies SE | 194.84 Bn | 65.92 Bn | 31,614.00 | - |
| 5 | Eni Spa | 168.93 Bn | 108.56 Bn | - | - |
| 6 | Conocophillips | 165.73 Bn | 138.44 Bn | 12.81 Bn | 47.00 Mn |
| 7 | Equinor Asa | 110.59 Bn | 23.44 Bn | 4.49 Bn | - |
| 8 | Canadian Natural Resources | 102.76 Bn | 99.76 Bn | 8.84 Bn | 225.55 Mn |
| 9 | Phillips 66 | 98.51 Bn | 82.30 Bn | 10.69 Bn | 242.00 Mn |
| 10 | Suncor Energy | 84.36 Bn | 65.05 Bn | - | -427.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 242.00 Mn |
| Jun 30, 2026 | 66.00 Mn |
| Mar 31, 2026 | 67.00 Mn |
| Dec 31, 2025 | 345.00 Mn |
| Sep 30, 2025 | 14.00 Mn |
| Jun 30, 2025 | -48.00 Mn |
| Mar 31, 2025 | -133.00 Mn |
| Dec 31, 2024 | -164.00 Mn |
| Sep 30, 2024 | 113.00 Mn |
| Jun 30, 2024 | -145.00 Mn |
| Mar 31, 2024 | -55.00 Mn |
| Dec 31, 2023 | 167.00 Mn |
| Sep 30, 2023 | 408.00 Mn |
| Jun 30, 2023 | 119.00 Mn |
| Mar 31, 2023 | 146.00 Mn |
| Dec 31, 2022 | 174.00 Mn |
| Sep 30, 2022 | 856.00 Mn |
| Jun 30, 2022 | 148.00 Mn |
| Mar 31, 2022 | 142.00 Mn |
| Dec 31, 2021 | 18.00 Mn |
API Access
Phillips 66 Deferred 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=deferred-taxes&ticker=PSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-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=deferred-taxes&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();