Other

Accrual for Environmental Loss Contingencies

Phillips 66 Accrual for Environmental Loss Contingencies decreased by 3.8% to $487.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.0%, from $435.00M to $487.00M. Over 5 years (FY 2020 to FY 2025), Accrual for Environmental Loss Contingencies shows an upward trend with a 3.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalLower is better
VolatilityModerate
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increase suggests higher anticipated environmental liabilities, which could impact future earnings and cash flow.

Detailed definition

The estimated liability for potential environmental remediation costs, fines, or legal settlements. This reflects the co...

Peer comparison

Standardized across industrial and energy sectors to assess environmental stewardship and regulatory risk exposure.

Metric ID: other_accrual_for_environmental_loss_contingencies

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$455.00M$453.00M$436.00M$436.00M$430.00M$436.00M$434.00M$439.00M$449.00M$453.00M$446.00M$442.00M$448.00M$439.00M$439.00M$435.00M$453.00M$521.00M$506.00M$487.00M
QoQ Change-0.4%-3.8%+0.0%-1.4%+1.4%-0.5%+1.2%+2.3%+0.9%-1.5%-0.9%+1.4%-2.0%+0.0%-0.9%+4.1%+15.0%-2.9%-3.8%
YoY Change-5.5%-3.8%-0.5%+0.7%+4.4%+3.9%+2.8%+0.7%-0.2%-3.1%-1.6%-1.6%+1.1%+18.7%+15.3%+12.0%
Range$430.00M$521.00M
CAGR+1.4%
Avg YoY Growth+2.7%
Median YoY Growth+0.7%
Current Streak2 quarters decline

Frequently Asked Questions

What is Phillips 66's accrual for environmental loss contingencies?
Phillips 66 (PSX) reported accrual for environmental loss contingencies of $487.00M in Q1 2026.
How has Phillips 66's accrual for environmental loss contingencies changed year-over-year?
Phillips 66's accrual for environmental loss contingencies increased by 12.0% year-over-year, from $435.00M to $487.00M.
What is the long-term trend for Phillips 66's accrual for environmental loss contingencies?
Over 5 years (2020 to 2025), Phillips 66's accrual for environmental loss contingencies has grown at a 3.5% compound annual growth rate (CAGR), from $427.00M to $506.00M.
What does accrual for environmental loss contingencies mean?
The amount of money set aside to cover potential environmental cleanup or legal costs.