Business Segments · Net properties, plants and equipment

Renewable Fuels — Net properties, plants and equipment

Phillips 66 Renewable Fuels — Net properties, plants and equipment decreased by 0.6% to $2.00B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 1.7%, from $2.03B to $2.00B. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryCapital Allocation
SignalHigher is better
VolatilityStable
First reportedQ4 2023
Last reportedQ1 2026

How to read this metric

Growth in net PP&E typically signals active investment and expansion of the renewable fuels footprint.

Detailed definition

The book value of renewable fuels infrastructure, calculated as gross PP&E minus accumulated depreciation. This represen...

Peer comparison

Standard measure of asset base size for industrial and energy segments.

Metric ID: psx_segment_renewable_fuels_net_properties_plants_and_equipment

Historical Data

9 periods
 Q4 '23Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.36B$2.06B$2.05B$2.05B$2.03B$2.02B$2.01B$2.01B$2.00B
QoQ Change+51.8%-0.5%-0.2%-0.7%-0.7%-0.4%+0.0%-0.6%
YoY Change+50.7%-2.1%-2.1%-1.8%-1.7%
Range$1.36B$2.06B
CAGR+21.3%
Avg YoY Growth+8.6%
Median YoY Growth-1.8%

Frequently Asked Questions

What is Phillips 66's renewable fuels — net properties, plants and equipment?
Phillips 66 (PSX) reported renewable fuels — net properties, plants and equipment of $2.00B in Q1 2026.
How has Phillips 66's renewable fuels — net properties, plants and equipment changed year-over-year?
Phillips 66's renewable fuels — net properties, plants and equipment decreased by 1.7% year-over-year, from $2.03B to $2.00B.
What does renewable fuels — net properties, plants and equipment mean?
The current accounting value of renewable fuels facilities and equipment.