Phillips 66 (PSX) Tax Provisions (2011 - 2026)
Phillips 66 (PSX) reported Tax Provisions of $1.47 billion for Q3 2026, compared with $32 million a year earlier and up 34.5% from the prior quarter.
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Analysis
Phillips 66 (PSX) Tax Provisions (2011 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Phillips 66's Tax Provisions came in at $3.13 billion, up 853.7% year-over-year; for FY2025, it was $892 million, up 78.4% from FY2024.
- By year, Tax Provisions came in at $500 million in FY2024 (-77.6%), $2.23 billion in FY2023 (-31.3%), $3.25 billion in FY2022 and $146 million in FY2021.
- The Q3 2026 figure ranks as the highest quarterly Tax Provisions since Q3 2022.
- Year over year, Tax Provisions gained in 1 of the last five quarters, with growth averaging 50.9%.
- The high point for year-over-year Tax Provisions in five years was Q2 2026 (growth of 415.1%); the low point was Q3 2024 (a decline of 93.4%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $1.09 billion (Q2 2026), $41 million (Q1 2026) and $526 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 688.07 Bn | 646.21 Bn | - | 5.21 Bn |
| 2 | Chevron | 421.08 Bn | 393.20 Bn | 33.45 Bn | 4.50 Bn |
| 3 | Shell | 295.54 Bn | 155.81 Bn | - | - |
| 4 | TotalEnergies SE | 194.84 Bn | 65.92 Bn | 31,614.00 | -5,080.00 |
| 5 | Eni Spa | 168.93 Bn | 108.56 Bn | - | -999.72 Mn |
| 6 | Conocophillips | 165.73 Bn | 138.44 Bn | 12.81 Bn | 2.15 Bn |
| 7 | Equinor Asa | 110.59 Bn | 23.44 Bn | 4.49 Bn | -8.80 Bn |
| 8 | Canadian Natural Resources | 102.76 Bn | 99.76 Bn | 8.84 Bn | 775.70 Mn |
| 9 | Phillips 66 | 98.51 Bn | 82.30 Bn | 10.69 Bn | 1.47 Bn |
| 10 | Suncor Energy | 84.36 Bn | 65.05 Bn | - | -1.58 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.47 Bn |
| Jun 30, 2026 | 1.09 Bn |
| Mar 31, 2026 | 41.00 Mn |
| Dec 31, 2025 | 526.00 Mn |
| Sep 30, 2025 | 32.00 Mn |
| Jun 30, 2025 | 212.00 Mn |
| Mar 31, 2025 | 122.00 Mn |
| Dec 31, 2024 | -38.00 Mn |
| Sep 30, 2024 | 44.00 Mn |
| Jun 30, 2024 | 291.00 Mn |
| Mar 31, 2024 | 203.00 Mn |
| Dec 31, 2023 | 476.00 Mn |
| Sep 30, 2023 | 670.00 Mn |
| Jun 30, 2023 | 510.00 Mn |
| Mar 31, 2023 | 574.00 Mn |
| Dec 31, 2022 | 535.00 Mn |
| Sep 30, 2022 | 1.62 Bn |
| Jun 30, 2022 | 924.00 Mn |
| Mar 31, 2022 | 171.00 Mn |
| Dec 31, 2021 | 256.00 Mn |
API Access
Phillips 66 Tax Provisions 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=tax-provisions&ticker=PSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();