Phillips 66 (PSX) Other Operating Expenses (2011 - 2026)
Phillips 66 (PSX) reported Other Operating Expenses of $32.2 billion for Q1 2026, up 6.24% on a YoY basis from $30.3 billion in Q1 2025, and little changed quarter-over-quarter from $32.1 billion in Q4 2025.
Phillips 66 (PSX) Other Operating Expenses (2011 - 2026) Analysis & Trends
Phillips 66 has reported Other Operating Expenses for 16 years, with the latest figure at $32.2 billion in Q1 2026.
- For the quarter ending Q1 2026, Other Operating Expenses rose 6.24% year-over-year to $32.2 billion; the trailing twelve-month figure through Mar 2026 stood at $129.6 billion (down 4.09% YoY), and the FY2025 full-year result was $127.7 billion, down 8.6% from the prior year.
- Other Operating Expenses for Q1 2026 stood at $32.2 billion, roughly flat from $32.1 billion in the prior quarter.
- The five-year high for Other Operating Expenses was $44.7 billion in Q2 2022, with the low at $30.3 billion in Q1 2025.
- Historically, Other Operating Expenses has averaged $35.1 billion across 5 years, with a median of $34.5 billion in 2024.
- Annual changes were most pronounced in 2022 — Other Operating Expenses surged 65.51% — and 2023, when it dropped 26.42%.
- Phillips 66's Other Operating Expenses stood at $37.7 billion in 2022, then decreased by 3.74% to $36.3 billion in 2023, then dropped by 8.43% to $33.3 billion in 2024, then fell by 3.49% to $32.1 billion in 2025, then climbed by 0.33% to $32.2 billion in 2026.
- The last three Other Operating Expenses figures came in at $32.2 billion (Q1 2026), $32.1 billion (Q4 2025), and $33.7 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 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| Date | Value |
|---|---|
| Mar 31, 2026 | 32.21 Bn |
| Dec 31, 2025 | 32.10 Bn |
| Sep 30, 2025 | 33.75 Bn |
| Jun 30, 2025 | 31.58 Bn |
| Mar 31, 2025 | 30.31 Bn |
| Dec 31, 2024 | 33.26 Bn |
| Sep 30, 2024 | 34.53 Bn |
| Jun 30, 2024 | 37.05 Bn |
| Mar 31, 2024 | 34.92 Bn |
| Dec 31, 2023 | 36.32 Bn |
| Sep 30, 2023 | 36.84 Bn |
| Jun 30, 2023 | 32.90 Bn |
| Mar 31, 2023 | 31.83 Bn |
| Dec 31, 2022 | 37.73 Bn |
| Sep 30, 2022 | 40.99 Bn |
| Jun 30, 2022 | 44.72 Bn |
| Mar 31, 2022 | 35.46 Bn |
| Dec 31, 2021 | 31.46 Bn |
| Sep 30, 2021 | 30.60 Bn |
| Jun 30, 2021 | 27.02 Bn |