Business Segments · Taxes other than income taxes

Midstream — Taxes other than income taxes

Phillips 66 Midstream — Taxes other than income taxes increased by 47.1% to $75.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 23.0%, from $61.00M to $75.00M. Over 3 years (FY 2022 to FY 2025), Midstream — Taxes other than income taxes shows an upward trend with a 21.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

Increases often correlate with expansion of the asset footprint or changes in local tax legislation.

Detailed definition

Includes property taxes, production taxes, and other non-income-based levies incurred by the midstream segment. These co...

Peer comparison

Standard line item for midstream operators with significant physical infrastructure.

Metric ID: psx_segment_midstream_taxes_other_than_income_taxes

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$36.50M$36.50M$36.50M$36.50M$57.25M$57.25M$57.25M$57.25M$44.00M$59.00M$59.00M$54.00M$61.00M$83.00M$66.00M$51.00M$75.00M
QoQ Change+0.0%+0.0%+0.0%+56.8%+0.0%+0.0%+0.0%-23.1%+34.1%+0.0%-8.5%+13.0%+36.1%-20.5%-22.7%+47.1%
YoY Change+56.8%+56.8%+56.8%+56.8%-23.1%+3.1%+3.1%-5.7%+38.6%+40.7%+11.9%-5.6%+23.0%
Range$36.50M$83.00M
CAGR+19.7%
Avg YoY Growth+24.1%
Median YoY Growth+23.0%

Frequently Asked Questions

What is Phillips 66's midstream — taxes other than income taxes?
Phillips 66 (PSX) reported midstream — taxes other than income taxes of $75.00M in Q1 2026.
How has Phillips 66's midstream — taxes other than income taxes changed year-over-year?
Phillips 66's midstream — taxes other than income taxes increased by 23.0% year-over-year, from $61.00M to $75.00M.
What is the long-term trend for Phillips 66's midstream — taxes other than income taxes?
Over 3 years (2022 to 2025), Phillips 66's midstream — taxes other than income taxes has grown at a 21.4% compound annual growth rate (CAGR), from $146.00M to $261.00M.
What does midstream — taxes other than income taxes mean?
Non-income taxes such as property and production taxes paid by the midstream segment.