Phillips 66 Refining — Selling, General and Administrative Expense remained flat by 0.0% to $52.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 13.0%, from $46.00M to $52.00M. Over 3 years (FY 2022 to FY 2025), Refining — Selling, General and Administrative Expense shows an upward trend with a 4.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
An increase relative to revenue suggests rising overhead intensity, whereas a decrease indicates successful cost-control initiatives or economies of scale.
This represents the overhead costs allocated to the refining segment, including corporate support, management salaries,...
Standard SG&A allocation found in segment reporting for all large-scale industrial firms.
psx_segment_refining_selling_general_and_administrative_expense| 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 | $37.75M | $37.75M | $37.75M | $37.75M | $42.25M | $42.25M | $42.25M | $42.25M | $38.00M | $51.00M | $60.00M | $60.00M | $46.00M | $32.00M | $40.00M | $52.00M | $52.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +11.9% | +0.0% | +0.0% | +0.0% | -10.1% | +34.2% | +17.6% | +0.0% | -23.3% | -30.4% | +25.0% | +30.0% | +0.0% |
| YoY Change | — | — | — | — | +11.9% | +11.9% | +11.9% | +11.9% | -10.1% | +20.7% | +42.0% | +42.0% | +21.1% | -37.3% | -33.3% | -13.3% | +13.0% |