Business Segments · Equity in earnings of affiliates

Chemicals — Equity in earnings of affiliates

Year-over-year, this metric grew by 0.9%, from $113.00M to $114.00M. Over 4 years (FY 2021 to FY 2025), Chemicals — Equity in earnings of affiliates shows a downward trend with a -35.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

An increase reflects strong operational performance and profitability within the company's chemical partnership network.

Detailed definition

The company's proportional share of the net income generated by chemical-related joint ventures or non-consolidated affi...

Peer comparison

Common for companies with significant joint venture footprints, such as CPChem.

Metric ID: psx_segment_chemicals_equity_in_earnings_of_affiliates

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$458.00M$458.00M$458.00M$210.50M$210.50M$210.50M$210.50M$146.50M$146.50M$146.50M$146.50M$201.00M$219.00M$339.00M$104.00M$113.00M$20.00M$176.00M$0.00$114.00M
QoQ Change+0.0%+0.0%-54.0%+0.0%+0.0%+0.0%-30.4%+0.0%+0.0%+0.0%+37.2%+9.0%+54.8%-69.3%+8.7%-82.3%+780.0%-100.0%
YoY Change-54.0%-54.0%-54.0%-30.4%-30.4%-30.4%-30.4%+37.2%+49.5%+131.4%-29.0%-43.8%-90.9%-48.1%-100.0%+0.9%
Range$0.00$458.00M
CAGR-25.4%
Avg YoY Growth-23.5%
Median YoY Growth-30.4%

Frequently Asked Questions

What is Phillips 66's chemicals — equity in earnings of affiliates?
Phillips 66 (PSX) reported chemicals — equity in earnings of affiliates of $114.00M in Q1 2026.
How has Phillips 66's chemicals — equity in earnings of affiliates changed year-over-year?
Phillips 66's chemicals — equity in earnings of affiliates increased by 0.9% year-over-year, from $113.00M to $114.00M.
What is the long-term trend for Phillips 66's chemicals — equity in earnings of affiliates?
Over 4 years (2021 to 2025), Phillips 66's chemicals — equity in earnings of affiliates has grown at a -35.9% compound annual growth rate (CAGR), from $1.83B to $309.00M.
What does chemicals — equity in earnings of affiliates mean?
The company's share of profits from chemical joint ventures it does not fully own.