Phillips 66 Penalties and interest accrued on unrecognized tax benefits remained flat by 0.0% to $1.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $1.00M to $1.00M. Over 5 years (FY 2020 to FY 2025), Penalties and interest accrued on unrecognized tax benefits shows a downward trend with a -27.5% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase indicates higher tax uncertainty or aggressive tax planning, while a decrease suggests resolution of tax audits or lower risk exposure.
The cumulative amount of penalties and interest accrued related to tax positions that do not meet the threshold for reco...
Commonly disclosed by large financial institutions; high values relative to equity may signal aggressive tax accounting.
other_unrecognized_tax_benefits_income_tax_penalties_and_f243c1| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $6.00M | $7.00M | $8.00M | $1.00M | $1.00M |
| QoQ Change | — | +16.7% | +14.3% | -87.5% | +0.0% |
| YoY Change | — | +16.7% | +14.3% | -87.5% | +0.0% |