Business Segments · Total Assets

Renewable Fuels — Total Assets

Phillips 66 Renewable Fuels — Total Assets decreased by 0.5% to $3.18B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.2%, from $3.14B to $3.18B. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementSegment
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2022
Last reportedQ1 2026
Rolls up toTotal Assets

How to read this metric

An increase reflects capital expenditure and asset growth in the renewable sector, signaling a shift in the company's production capacity toward low-carbon fuels.

Detailed definition

This metric captures the aggregate book value of all assets, including property, plant, equipment, and working capital,...

Peer comparison

Comparable to segment-specific asset bases reported by peers undergoing refinery-to-renewable-diesel conversions or expanding bio-refining capabilities.

Metric ID: psx_segment_renewable_fuels_total_assets

Historical Data

10 periods
 Q4 '22Q4 '23Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$715.00M$2.01B$3.25B$3.46B$3.14B$3.14B$3.01B$3.06B$3.20B$3.18B
QoQ Change+181.4%+61.3%+6.5%-9.1%+0.1%-4.3%+1.6%+4.6%-0.5%
YoY Change+181.4%+56.2%-7.3%-11.6%+1.8%+1.2%
Range$715.00M$3.46B
CAGR+94.2%
Avg YoY Growth+36.9%
Median YoY Growth+1.5%

Frequently Asked Questions

What is Phillips 66's renewable fuels — total assets?
Phillips 66 (PSX) reported renewable fuels — total assets of $3.18B in Q1 2026.
How has Phillips 66's renewable fuels — total assets changed year-over-year?
Phillips 66's renewable fuels — total assets increased by 1.2% year-over-year, from $3.14B to $3.18B.
What does renewable fuels — total assets mean?
The total value of all physical and financial assets dedicated to the renewable fuels business segment.