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Phillips 66 PSX Gain (Loss) on Disposition of Other Assets

Gain (Loss) on Disposition of Other Assets at other companies

MVB Financial Corp. logo
MVB Financial Corp.MVBF
$0-100%
SB Financial Group logo
SB Financial GroupSBFG
$144K+860%
Phillips 66 logo
Phillips 66PSX
$6M-99.4%
Lumentum Holdings Inc. logo
Lumentum Holdings Inc.LITE
-$1.4M+68.2%
First Commonwealth Financial logo
First Commonwealth FinancialFCF
$1.72M-24.4%
SB Financial Group logo
SB Financial GroupSBFG
$144K+860%

Other financials

Income statement

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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

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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

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

Valuation

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Market cap$82.92B+64.9%
P/E20.1×-9.2×
P/S0.6×+0.2×

Profitability

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Gross margin12.5%+3.4pp
Net margin3.1%+1.7pp

Returns & leverage

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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:GainLossOnSaleOfOtherAssets.

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

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Questions, answered.

What is Phillips 66's gain (loss) on disposition of other assets?
Phillips 66 (PSX) reported gain (loss) on disposition of other assets of $6M in Q1 2026.
How has Phillips 66's gain (loss) on disposition of other assets changed year-over-year?
Phillips 66's gain (loss) on disposition of other assets decreased by 99.4% year-over-year, from $1.09B to $6M.
What is the long-term trend for Phillips 66's gain (loss) on disposition of other assets?
Over 2 years (2022 to 2025), Phillips 66's gain (loss) on disposition of other assets has grown at a 1996.6% compound annual growth rate (CAGR), from $7M to $3.08B.
What does gain (loss) on disposition of other assets mean?
This captures the difference between the proceeds received from the sale of non-core assets and their net book value at the time of disposal. It reflects the company's ability to monetize assets at a premium or the necessity of divesting underperforming segments. This is a non-operating item that impacts cash flow but is excluded from core recurring earnings.