Phillips 66 Loss and credit carryforwards increased by 29.0% to $209.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 29.0%, from $162.00M to $209.00M. Over 5 years (FY 2020 to FY 2025), Loss and credit carryforwards shows an upward trend with a 7.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase indicates the accumulation of tax-deductible losses, which can be used to shield future profits from taxes.
This represents the value of deferred tax assets derived from net operating losses (NOLs) and capital loss carryforwards...
Commonly monitored by investors to gauge the tax-shield potential of a company's historical performance.
other_deferred_tax_assets_operating_loss_capital_loss_an_557d52| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $173.00M | $113.00M | $151.00M | $162.00M | $209.00M |
| QoQ Change | — | -34.7% | +33.6% | +7.3% | +29.0% |
| YoY Change | — | -34.7% | +33.6% | +7.3% | +29.0% |