M&S — Selling, General and Administrative Expense
Phillips 66 M&S — Selling, General and Administrative Expense decreased by 14.2% to $297.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 9.5%, from $328.00M to $297.00M. Over 3 years (FY 2022 to FY 2025), M&S — Selling, General and Administrative Expense shows an upward trend with a 6.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
A decrease relative to revenue suggests improved administrative efficiency, while an increase may indicate rising overhead or investment in growth initiatives.
Detailed definition
This represents the indirect costs associated with running the Marketing & Specialties segment, including marketing, sal...
Peer comparison
Standard 'SG&A' metric applied at the segment level.
psx_segment_m_s_selling_general_and_administrative_expenseHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $326.00M | $326.00M | $326.00M | $326.00M | $334.00M | $334.00M | $334.00M | $334.00M | $319.00M | $342.00M | $940.00M | $331.00M | $328.00M | $334.00M | $584.00M | $346.00M | $297.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +2.5% | +0.0% | +0.0% | +0.0% | -4.5% | +7.2% | +174.9% | -64.8% | -0.9% | +1.8% | +74.9% | -40.8% | -14.2% |
| YoY Change | — | — | — | — | +2.5% | +2.5% | +2.5% | +2.5% | -4.5% | +2.4% | +181.4% | -0.9% | +2.8% | -2.3% | -37.9% | +4.5% | -9.5% |
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Frequently Asked Questions
- What is Phillips 66's m&s — selling, general and administrative expense?
- Phillips 66 (PSX) reported m&s — selling, general and administrative expense of $297.00M in Q1 2026.
- How has Phillips 66's m&s — selling, general and administrative expense changed year-over-year?
- Phillips 66's m&s — selling, general and administrative expense decreased by 9.5% year-over-year, from $328.00M to $297.00M.
- What is the long-term trend for Phillips 66's m&s — selling, general and administrative expense?
- Over 3 years (2022 to 2025), Phillips 66's m&s — selling, general and administrative expense has grown at a 6.9% compound annual growth rate (CAGR), from $1.30B to $1.59B.
- What does m&s — selling, general and administrative expense mean?
- The administrative and sales-related overhead costs for the Marketing & Specialties segment.