Phillips 66 Midstream Segment — Accum. D&A increased by 3.5% to $5.97B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.4%, from $5.00B to $5.97B. Over 4 years (FY 2021 to FY 2025), Midstream Segment — Accum. D&A shows an upward trend with a 16.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
A rising ratio of accumulated D&A to gross PP&E suggests an aging asset base that may require future capital expenditure for maintenance or replacement.
The cumulative amount of depreciation and amortization recorded against the midstream segment's fixed assets over their...
Commonly used by analysts to assess the remaining useful life of midstream infrastructure.
psx_segment_midstream_accum_d_a| Q2 '21 | Q3 '21 | Q4 '21 | 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 | $2.89B | $2.98B | $3.06B | $3.16B | $3.86B | $3.81B | $3.52B | $3.74B | $3.94B | $4.17B | $4.38B | $4.67B | $5.09B | $4.58B | $4.82B | $5.00B | $5.26B | $5.53B | $5.77B | $5.97B |
| QoQ Change | — | +3.1% | +3.0% | +3.0% | +22.3% | -1.4% | -7.4% | +6.2% | +5.3% | +5.7% | +5.1% | +6.5% | +9.0% | -10.0% | +5.3% | +3.8% | +5.1% | +5.2% | +4.4% | +3.5% |
| YoY Change | — | — | — | — | +33.8% | +27.9% | +15.0% | +18.6% | +2.1% | +9.5% | +24.3% | +24.6% | +29.0% | +9.8% | +10.0% | +7.2% | +3.4% | +20.8% | +19.7% | +19.4% |