Business Segments · Gross PP&E
Renewable Fuels — Gross PP&E
Phillips 66 Renewable Fuels — Gross PP&E increased by 0.4% to $3.79B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.7%, from $3.73B to $3.79B. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026
Rolls up toPP&E (Net)
How to read this metric
An increase indicates ongoing capital expansion or investment in renewable energy production capacity.
Detailed definition
Represents the total historical cost of property, plant, and equipment dedicated to the production and processing of ren...
Peer comparison
Comparable to gross fixed assets in renewable energy segments of integrated oil and gas peers.
Metric ID:
psx_segment_renewable_fuels_gross_pp_eHistorical Data
9 periods
| Q4 '23 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Value | $2.31B | $3.69B | $3.70B | $3.72B | $3.73B | $3.73B | $3.75B | $3.77B | $3.79B |
| QoQ Change | — | +59.5% | +0.4% | +0.5% | +0.2% | +0.2% | +0.4% | +0.6% | +0.4% |
| YoY Change | — | — | — | +60.8% | — | +1.3% | +1.4% | +1.5% | +1.7% |
Range$2.31B – $3.79B
CAGR+28.0%
Avg YoY Growth+13.3%
Median YoY Growth+1.5%
Current Streak8+ quarters growth
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Frequently Asked Questions
- What is Phillips 66's renewable fuels — gross pp&e?
- Phillips 66 (PSX) reported renewable fuels — gross pp&e of $3.79B in Q1 2026.
- How has Phillips 66's renewable fuels — gross pp&e changed year-over-year?
- Phillips 66's renewable fuels — gross pp&e increased by 1.7% year-over-year, from $3.73B to $3.79B.
- What does renewable fuels — gross pp&e mean?
- The total original cost of all assets used in the renewable fuels business.