Business Segments · Impairments

M&S — Impairments

This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

A lower value is better, as high impairment charges indicate asset devaluation and potential strategic missteps.

Detailed definition

This represents the write-down of the carrying value of assets within the Marketing & Specialties segment when their fai...

Peer comparison

Standard 'Asset Impairment' charge reported by capital-intensive firms during market downturns.

Metric ID: psx_segment_m_s_impairments

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$0.00$0.00$0.00$0.00$750.00K$750.00K$750.00K$750.00K$0.00$0.00$1.00M$2.00M$0.00$1.00M$0.00$0.00$0.00
QoQ Change+0.0%+0.0%+0.0%-100.0%+100.0%-100.0%-100.0%
YoY Change-100.0%-100.0%+33.3%+166.7%-100.0%-100.0%
Range$0.00$2.00M
Avg YoY Growth-33.3%
Median YoY Growth-100.0%

Frequently Asked Questions

What is Phillips 66's m&s — impairments?
Phillips 66 (PSX) reported m&s — impairments of $0.00 in Q1 2026.
What does m&s — impairments mean?
The write-down of asset values in the Marketing & Specialties segment due to a decline in their expected future value.