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.
Increases often correlate with expansion of the asset footprint or changes in local tax legislation.
Includes property taxes, production taxes, and other non-income-based levies incurred by the midstream segment. These co...
Standard line item for midstream operators with significant physical infrastructure.
psx_segment_midstream_taxes_other_than_income_taxes| 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 | $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% |