What is Phillips 66's equity method income?

Phillips 66 (PSX) reported equity method income of $252M in Q1 2026.

How has Phillips 66's equity method income changed year-over-year?

Phillips 66's equity method income increased by 64.7% year-over-year, from $153M to $252M.

What is the long-term trend for Phillips 66's equity method income?

Over 4 years (2021 to 2025), Phillips 66's equity method income has grown at a -28.4% compound annual growth rate (CAGR), from $2.9B to $762M.

What does equity method income mean?

The company's proportional share of net income or loss from unconsolidated affiliates and joint ventures accounted for under the equity method.

Phillips 66 PSX Equity Method Income

Equity Method Income at other companies

Cabot CorporationCBT

$2M-33.3%

HES

Hess MidstreamHESM

$3.2M-5.9%

Ryan Specialty HoldingsRYAN

$5.53M+12.0%

US Physical TherapyUSPH

$363K-7.6%

Liberty Broadband CorporationLBRDK

$308M-3.1%

Atmus Filtration TechnologiesATMU

$7.6M-17.4%

Segments

By segment

See full

Chemicals$114M+0.9%

Midstream$103M-6.4%

M&S$36M—

Refining$0+100%

Renewable Fuels$0+100%

Other financials

Income statement

See full

Revenue$32.5B+6.9%

Gross profit$3.3B+20.0%

Net income$207.0M-57.5%

EPS (diluted)$0.51-56.8%

Balance sheet

See full

Cash & equivalents$5.2B+246%

Total debt$21.7B+0.7%

Total equity$28.5B+4.6%

Total assets$84.1B+17.0%

Cash flow

See full

Operating cash flow-$2.3B-1,311%

Valuation

See full

Market cap$67.78B+44.5%

P/E16.4×-10.9×

P/S0.5×+0.1×

Profitability

See full

Gross margin12.5%+3.4pp

Net margin3.1%+1.7pp

Returns & leverage

See full

Return on equity14.8%+8.3pp

Debt / equity0.7×0.0×

Current ratio1.1×-0.1×

Where this comes from

Reported directly by Phillips 66 in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromEquityMethodInvestments.

The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Phillips 66's equity method income.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Phillips 66's equity method income?: Phillips 66 (PSX) reported equity method income of $252M in Q1 2026.
How has Phillips 66's equity method income changed year-over-year?: Phillips 66's equity method income increased by 64.7% year-over-year, from $153M to $252M.
What is the long-term trend for Phillips 66's equity method income?: Over 4 years (2021 to 2025), Phillips 66's equity method income has grown at a -28.4% compound annual growth rate (CAGR), from $2.9B to $762M.
What does equity method income mean?: The company's proportional share of net income or loss from unconsolidated affiliates and joint ventures accounted for under the equity method.