Discontinued — last reported Q4 '25

Business Segments · Goodwill

Midstream — Goodwill

Phillips 66 Midstream — Goodwill remained flat by 0.0% to $648.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric was flat by 0.0%, from $648.00M to $648.00M.

Analysis

StatementSegment
CategoryRisk
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ4 2025
Rolls up toGoodwill

How to read this metric

A decrease often signals impairment charges due to declining asset performance, while stability suggests the acquired assets are meeting performance expectations.

Detailed definition

The intangible asset value representing the premium paid over the fair market value of net assets acquired in midstream...

Peer comparison

Standard balance sheet item for all capital-intensive industries that grow through M&A, often compared across peers as a percentage of total segment assets.

Metric ID: psx_segment_midstream_goodwill

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$626.00M$626.00M$626.00M$648.00M$648.00M
QoQ Change+0.0%+0.0%+3.5%+0.0%
YoY Change+0.0%+0.0%+3.5%+0.0%
Range$626.00M$648.00M
CAGR+3.5%
Avg YoY Growth+0.9%
Median YoY Growth+0.0%
Current Streak4+ quarters growth

Frequently Asked Questions

What is Phillips 66's midstream — goodwill?
Phillips 66 (PSX) reported midstream — goodwill of $648.00M in Q4 2025.
How has Phillips 66's midstream — goodwill changed year-over-year?
Phillips 66's midstream — goodwill decreased by 0.0% year-over-year, from $648.00M to $648.00M.
What does midstream — goodwill mean?
The excess purchase price paid for acquired midstream businesses over their net asset value.