Midstream — Equity in earnings of affiliates
Phillips 66 Midstream — Equity in earnings of affiliates increased by 5.1% to $103.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 6.4%, from $110.00M to $103.00M. Over 4 years (FY 2021 to FY 2025), Midstream — Equity in earnings of affiliates shows a downward trend with a -17.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates strong performance from joint venture assets, contributing to overall segment profitability without requiring full consolidation.
Detailed definition
The company's proportional share of net income from joint ventures and non-consolidated entities within the midstream se...
Peer comparison
Standard for companies with significant joint venture structures in midstream operations.
psx_segment_midstream_equity_in_earnings_of_affiliatesHistorical Data
| 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 | $219.25M | $219.25M | $219.25M | $229.00M | $229.00M | $229.00M | $229.00M | $162.25M | $162.25M | $162.25M | $162.25M | $155.00M | $170.00M | $134.00M | $132.00M | $110.00M | $98.00M | $93.00M | $98.00M | $103.00M |
| QoQ Change | — | +0.0% | +0.0% | +4.4% | +0.0% | +0.0% | +0.0% | -29.1% | +0.0% | +0.0% | +0.0% | -4.5% | +9.7% | -21.2% | -1.5% | -16.7% | -10.9% | -5.1% | +5.4% | +5.1% |
| YoY Change | — | — | — | — | +4.4% | +4.4% | +4.4% | -29.1% | -29.1% | -29.1% | -29.1% | -4.5% | +4.8% | -17.4% | -18.6% | -29.0% | -42.4% | -30.6% | -25.8% | -6.4% |
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Frequently Asked Questions
- What is Phillips 66's midstream — equity in earnings of affiliates?
- Phillips 66 (PSX) reported midstream — equity in earnings of affiliates of $103.00M in Q1 2026.
- How has Phillips 66's midstream — equity in earnings of affiliates changed year-over-year?
- Phillips 66's midstream — equity in earnings of affiliates decreased by 6.4% year-over-year, from $110.00M to $103.00M.
- What is the long-term trend for Phillips 66's midstream — equity in earnings of affiliates?
- Over 4 years (2021 to 2025), Phillips 66's midstream — equity in earnings of affiliates has grown at a -17.9% compound annual growth rate (CAGR), from $877.00M to $399.00M.
- What does midstream — equity in earnings of affiliates mean?
- Profit earned from the company's share in midstream joint ventures and partnerships.