Other

Deferred Tax Liabilities, Gross

Phillips 66 Deferred Tax Liabilities, Gross increased by 2.2% to $8.37B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $8.19B to $8.37B. Over 5 years (FY 2020 to FY 2025), Deferred Tax Liabilities, Gross shows an upward trend with a 4.6% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryOther
SignalContext dependent
VolatilityModerate
First reportedQ4 2017
Last reportedQ4 2025

How to read this metric

An increase generally reflects growth in capital assets or other items that create temporary tax deferrals.

Detailed definition

This represents the total gross deferred tax liabilities before any netting against deferred tax assets. It captures all...

Peer comparison

Standard metric across all industries; utility peers will generally have high balances due to long-lived infrastructure assets.

Metric ID: other_deferred_income_tax_liabilities

Historical Data

5 periods
 Q4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Value$6.44B$7.38B$8.20B$8.19B$8.37B
QoQ Change—+14.6%+11.1%-0.1%+2.2%
YoY Change—+14.6%+11.1%-0.1%+2.2%
Range$6.44B – $8.37B
CAGR+30.0%
Avg YoY Growth+7.0%
Median YoY Growth+6.7%

Frequently Asked Questions

What is Phillips 66's deferred tax liabilities, gross?
Phillips 66 (PSX) reported deferred tax liabilities, gross of $8.37B in Q4 2025.
How has Phillips 66's deferred tax liabilities, gross changed year-over-year?
Phillips 66's deferred tax liabilities, gross increased by 2.2% year-over-year, from $8.19B to $8.37B.
What is the long-term trend for Phillips 66's deferred tax liabilities, gross?
Over 5 years (2020 to 2025), Phillips 66's deferred tax liabilities, gross has grown at a 4.6% compound annual growth rate (CAGR), from $6.67B to $8.37B.
What does deferred tax liabilities, gross mean?
The total amount of future tax payments the company expects to make due to timing differences between financial and tax reporting.