Other

Deferred Tax Liabilities, Net

Phillips 66 Deferred Tax Liabilities, Net increased by 3.4% to $7.27B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.4%, from $7.04B to $7.27B. Over 5 years (FY 2020 to FY 2025), Deferred Tax Liabilities, Net shows an upward trend with a 5.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryOther
SignalLower is better
VolatilityModerate
First reportedQ4 2017
Last reportedQ1 2026

How to read this metric

A rising net liability indicates a growing future tax burden, often associated with significant capital investment programs.

Detailed definition

This represents the net deferred tax liability after offsetting against deferred tax assets where permitted. It shows th...

Peer comparison

Commonly reported by all large corporations; utility peers typically show net liability positions due to heavy depreciation.

Metric ID: other_deferred_tax_liabilities

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$5.44B$6.58B$7.30B$7.04B$7.27B
QoQ Change—+20.9%+10.9%-3.6%+3.4%
YoY Change—+20.9%+10.9%-3.6%+3.4%
Range$5.44B – $7.30B
CAGR+33.7%
Avg YoY Growth+7.9%
Median YoY Growth+7.2%

Frequently Asked Questions

What is Phillips 66's deferred tax liabilities, net?
Phillips 66 (PSX) reported deferred tax liabilities, net of $7.27B in Q4 2025.
How has Phillips 66's deferred tax liabilities, net changed year-over-year?
Phillips 66's deferred tax liabilities, net increased by 3.4% year-over-year, from $7.04B to $7.27B.
What is the long-term trend for Phillips 66's deferred tax liabilities, net?
Over 5 years (2020 to 2025), Phillips 66's deferred tax liabilities, net has grown at a 5.4% compound annual growth rate (CAGR), from $5.59B to $7.27B.
What does deferred tax liabilities, net mean?
The net amount of future tax payments the company expects to make after accounting for available tax offsets.