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

Phillips 66 (PSX) has 16 years of Deferred Taxes data on file, last reported at $67.0 million in Q1 2026.

• Quarterly Deferred Taxes rose 150.38% year-over-year to $67.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $378.0 million (up 214.89% YoY) and the FY2025 annual result came in at $178.0 million, up 170.92% from the prior year.
• Deferred Taxes fell to $67.0 million in Q1 2026, from $345.0 million in the prior quarter.
• In the past five years, Deferred Taxes ranged from a high of $856.0 million in Q3 2022 to a low of -$164.0 million in Q4 2024.
• A 5-year average of $126.7 million and a median of $119.0 million in 2023 frame the typical range for Deferred Taxes.
• Annual changes were most pronounced in 2022 — Deferred Taxes jumped 866.67% — and 2024, when it slumped 221.85%.
• Tracing PSX's Deferred Taxes over 5 years: stood at $174.0 million in 2022, then decreased by 4.02% to $167.0 million in 2023, then plunged by 198.2% to -$164.0 million in 2024, then soared by 310.37% to $345.0 million in 2025, then tumbled by 80.58% to $67.0 million in 2026.
• The last three Deferred Taxes figures came in at $67.0 million (Q1 2026), $345.0 million (Q4 2025), and $14.0 million (Q3 2025), per Business Quant data.