Phillips 66 Investment in subsidiaries increased by 27.0% to $3.19B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 27.0%, from $2.51B to $3.19B. Over 5 years (FY 2020 to FY 2025), Investment in subsidiaries shows an upward trend with a 27.7% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may signal growing retained earnings within subsidiaries that have potential future tax implications.
This represents the deferred tax liability related to the company's investments in its subsidiaries. It accounts for the...
Standard disclosure for complex corporate structures with multiple operating subsidiaries.
other_deferred_tax_liabilities_investment_in_subsidiarie_e5e5b4| Q4 '21 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|
| Value | $969.00M | $1.97B | $2.63B | $2.51B | $3.19B |
| QoQ Change | — | +103.7% | +33.1% | -4.5% | +27.0% |
| YoY Change | — | +103.7% | +33.1% | -4.5% | +27.0% |