Other

Difference in Carrying Value and Fair Value

Phillips 66 Difference in Carrying Value and Fair Value increased by 28.8% to $800.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 10.1%, from $890.00M to $800.00M. Over 5 years (FY 2020 to FY 2025), Difference in Carrying Value and Fair Value shows an upward trend with a -20.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionOther
CategoryRisk
SignalContext dependent
VolatilityModerate
First reportedQ4 2019
Last reportedQ1 2026

How to read this metric

A positive difference indicates the fair value is higher than the carrying value, potentially signaling unfavorable market conditions for debt retirement.

Detailed definition

This metric represents the delta between the carrying value and the fair value of specific financial and non-financial l...

Peer comparison

Used by analysts to assess the sensitivity of liabilities to interest rate or market changes.

Metric ID: other_financial_and_nonfinancial_liability_difference_in_90a756

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value-$1.87B-$1.74B-$1.69B-$434.00M$614.00M$1.50B$977.00M$696.00M$1.02B$1.49B$408.00M$584.00M$918.00M$265.00M$1.02B$890.00M$915.00M$551.00M$621.00M$800.00M
QoQ Change+7.2%+2.9%+74.3%+241.5%+143.8%-34.7%-28.8%+47.1%+45.4%-72.6%+43.1%+57.2%-71.1%+284.9%-12.7%+2.8%-39.8%+12.7%+28.8%
YoY Change+132.8%+186.2%+157.9%+260.4%+66.8%-0.5%-58.2%-16.1%-10.4%-82.2%+150.0%+52.4%-0.3%+107.9%-39.1%-10.1%
Range-$1.87B$1.50B
CAGR-16.4%
Avg YoY Growth+56.1%
Median YoY Growth+26.0%
Current Streak2 quarters growth

Frequently Asked Questions

What is Phillips 66's difference in carrying value and fair value?
Phillips 66 (PSX) reported difference in carrying value and fair value of $800.00M in Q1 2026.
How has Phillips 66's difference in carrying value and fair value changed year-over-year?
Phillips 66's difference in carrying value and fair value decreased by 10.1% year-over-year, from $890.00M to $800.00M.
What is the long-term trend for Phillips 66's difference in carrying value and fair value?
Over 5 years (2020 to 2025), Phillips 66's difference in carrying value and fair value has grown at a -20.3% compound annual growth rate (CAGR), from -$1.93B to $621.00M.
What does difference in carrying value and fair value mean?
The difference between the book value and the current market value of specific liabilities.