Business Segments · Investments In and Advances to Affiliates

Chemicals — Investments In and Advances to Affiliates

Phillips 66 Chemicals — Investments In and Advances to Affiliates increased by 1.5% to $8.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.5%, from $7.90B to $8.02B.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2021
Last reportedQ1 2026
Rolls up toInvestments

How to read this metric

An increase suggests strategic expansion through partnerships, while a decrease may indicate divestment or the receipt of significant cash distributions.

Detailed definition

This metric captures the carrying value of equity investments in joint ventures, partnerships, and other non-consolidate...

Peer comparison

Similar to equity method investment reporting found in the financial statements of companies with significant joint venture chemical operations.

Metric ID: psx_segment_chemicals_investments_in_and_advances_to_affiliates

Historical Data

9 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.37B$6.79B$7.34B$7.82B$7.90B$7.89B$7.90B$7.90B$8.02B
QoQ Change+6.5%+8.2%+6.5%+1.0%-0.1%+0.2%-0.0%+1.5%
YoY Change+6.5%+8.2%+6.5%+1.0%+1.5%
Range$6.37B$8.02B
CAGR+12.2%
Avg YoY Growth+4.8%
Median YoY Growth+6.5%

Frequently Asked Questions

What is Phillips 66's chemicals — investments in and advances to affiliates?
Phillips 66 (PSX) reported chemicals — investments in and advances to affiliates of $8.02B in Q1 2026.
How has Phillips 66's chemicals — investments in and advances to affiliates changed year-over-year?
Phillips 66's chemicals — investments in and advances to affiliates increased by 1.5% year-over-year, from $7.90B to $8.02B.
What does chemicals — investments in and advances to affiliates mean?
The value of the company's financial stakes and loans provided to joint ventures or partner companies in the chemical industry.