Other

Asset, Fair Value Amount Offset Against Collateral

Phillips 66 Asset, Fair Value Amount Offset Against Collateral increased by 172.0% to $827.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 208.6%, from $268.00M to $827.00M. Over 5 years (FY 2020 to FY 2025), Asset, Fair Value Amount Offset Against Collateral shows an upward trend with a 14.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalHigher is better
VolatilityModerate
First reportedQ4 2018
Last reportedQ1 2026

How to read this metric

Higher coverage indicates lower net credit risk exposure to counterparties.

Detailed definition

The portion of the fair value of derivative assets that is directly offset by collateral held under master netting agree...

Peer comparison

Standard disclosure for companies with significant counterparty credit risk management.

Metric ID: other_asset_fair_value_amount_offset_against_collateral

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$178.00M$568.00M$759.00M$717.00M$540.00M$685.00M$513.00M$443.00M$486.00M$489.00M$354.00M$380.00M$272.00M$362.00M$355.00M$268.00M$376.00M$414.00M$304.00M$827.00M
QoQ Change+219.1%+33.6%-5.5%-24.7%+26.9%-25.1%-13.6%+9.7%+0.6%-27.6%+7.3%-28.4%+33.1%-1.9%-24.5%+40.3%+10.1%-26.6%+172.0%
YoY Change+203.4%+20.6%-32.4%-38.2%-10.0%-28.6%-31.0%-14.2%-44.0%-26.0%+0.3%-29.5%+38.2%+14.4%-14.4%+208.6%
Range$178.00M$827.00M
CAGR+38.2%
Avg YoY Growth+13.6%
Median YoY Growth-14.3%

Frequently Asked Questions

What is Phillips 66's asset, fair value amount offset against collateral?
Phillips 66 (PSX) reported asset, fair value amount offset against collateral of $827.00M in Q1 2026.
How has Phillips 66's asset, fair value amount offset against collateral changed year-over-year?
Phillips 66's asset, fair value amount offset against collateral increased by 208.6% year-over-year, from $268.00M to $827.00M.
What is the long-term trend for Phillips 66's asset, fair value amount offset against collateral?
Over 5 years (2020 to 2025), Phillips 66's asset, fair value amount offset against collateral has grown at a 14.1% compound annual growth rate (CAGR), from $157.00M to $304.00M.
What does asset, fair value amount offset against collateral mean?
The amount of derivative asset value covered by collateral.