Discontinued — last reported Q3 '18
Phillips 66 Equity Method Income increased by 111.8% to $252.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 64.7%, from $153.00M to $252.00M. Over 4 years (FY 2021 to FY 2025), Equity Method Income shows a downward trend with a -28.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
An increase reflects strong performance from joint ventures or strategic partners, while a decrease indicates underperformance in those specific investments.
This metric captures the company's proportionate share of the net earnings or losses from investments in unconsolidated...
Common in technology and manufacturing sectors where joint ventures are used for R&D or supply chain integration.
is_equity_method_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $830.00M | $982.00M | $807.00M | $685.00M | $917.00M | $782.00M | $584.00M | $611.00M | $563.00M | $562.00M | $281.00M | $528.00M | $487.00M | $549.00M | $215.00M | $153.00M | $153.00M | $337.00M | $119.00M | $252.00M |
| QoQ Change | — | +18.3% | -17.8% | -15.1% | +33.9% | -14.7% | -25.3% | +4.6% | -7.9% | -0.2% | -50.0% | +87.9% | -7.8% | +12.7% | -60.8% | -28.8% | +0.0% | +120.3% | -64.7% | +111.8% |
| YoY Change | — | — | — | — | +10.5% | -20.4% | -27.6% | -10.8% | -38.6% | -28.1% | -51.9% | -13.6% | -13.5% | -2.3% | -23.5% | -71.0% | -68.6% | -38.6% | -44.7% | +64.7% |
| Segment | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|
| Refining | $108.00M | $33.00M | -$12.00M |
| Total | $528.00M | $487.00M | $549.00M |
Refining was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Chemicals | $219.00M | $339.00M | $104.00M | $113.00M | $20.00M | $176.00M | $0.00 | $114.00M |
| Midstream | $170.00M | $134.00M | $132.00M | $110.00M | $98.00M | $93.00M | $98.00M | $103.00M |
| Refining | $33.00M | -$12.00M | — | -$105.00M | -$2.00M | $31.00M | -$3.00M | $0.00 |
| Renewable Fuels | — | — | — | -$1.00M | -$1.00M | $1.00M | $0.00 | $0.00 |
| Total | $487.00M | $549.00M | $215.00M | $153.00M | $153.00M | $337.00M | $119.00M | $252.00M |
Corporate And Other, Marketing And Specialties are derived from annual filings.
Corporate And Other, Marketing And Specialties were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.