Phillips 66 Gain (Loss) on Disposition of Other Assets decreased by 99.7% to $6.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 99.4%, from $1.09B to $6.00M. Over 2 years (FY 2022 to FY 2025), Gain (Loss) on Disposition of Other Assets shows an upward trend with a 1996.6% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Large gains are typically non-recurring and indicate successful divestiture strategies, while losses may indicate asset impairment.
This represents the net gain or loss recognized upon the disposal of non-core assets, such as property, equipment, or ot...
Standard line item for all corporations; peers report this to isolate non-operating financial impacts.
operating_gain_loss_on_sale_of_other_assets| Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.00M | $1.00M | $0.00 | $1.00M | $5.00M | $34.00M | $102.00M | $0.00 | $237.00M | $2.00M | $82.00M | $1.09B | $0.00 | $11.00M | $1.98B | $6.00M |
| QoQ Change | — | -50.0% | -100.0% | — | +400.0% | +580.0% | +200.0% | -100.0% | — | -99.2% | >999% | >999% | -100.0% | — | >999% | -99.7% |
| YoY Change | — | — | — | — | +150.0% | >999% | >999% | -100.0% | — | -98.0% | — | — | -100.0% | +450.0% | >999% | -99.4% |