Non-Current Assets

Deferred Tax Assets and Other Non-Current Assets

Phillips 66 Deferred Tax Assets and Other Non-Current Assets decreased by 17.7% to $246.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 17.7%, from $299.00M to $246.00M. Over 5 years (FY 2020 to FY 2025), Deferred Tax Assets and Other Non-Current Assets shows a downward trend with a -3.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryOther
SignalHigher is better
VolatilityStable
First reportedQ4 2025
Last reportedQ1 2026

How to read this metric

An increase generally suggests the accumulation of long-term economic benefits or tax recovery potential.

Detailed definition

This is the aggregate balance of non-current deferred tax assets and other miscellaneous non-current assets that do not...

Peer comparison

Varies widely based on the specific composition of 'other' assets, making it a general indicator of long-term asset health.

Metric ID: deferred_tax_assets_other_noncurrent

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$262.00M$220.00M$274.00M$299.00M$246.00M
QoQ Change—-16.0%+24.5%+9.1%-17.7%
YoY Change—-16.0%+24.5%+9.1%-17.7%
Range$220.00M – $299.00M
CAGR-6.1%
Avg YoY Growth-0.0%
Median YoY Growth-3.5%

Frequently Asked Questions

What is Phillips 66's deferred tax assets and other non-current assets?
Phillips 66 (PSX) reported deferred tax assets and other non-current assets of $246.00M in Q4 2025.
How has Phillips 66's deferred tax assets and other non-current assets changed year-over-year?
Phillips 66's deferred tax assets and other non-current assets decreased by 17.7% year-over-year, from $299.00M to $246.00M.
What is the long-term trend for Phillips 66's deferred tax assets and other non-current assets?
Over 5 years (2020 to 2025), Phillips 66's deferred tax assets and other non-current assets has grown at a -3.2% compound annual growth rate (CAGR), from $289.00M to $246.00M.
What does deferred tax assets and other non-current assets mean?
The combined value of long-term tax assets and other miscellaneous long-term assets.