What is Phillips 66's chemicals — accum. D&A?

Phillips 66 (PSX) reported chemicals — accum. D&A of $0 in Q1 2026.

What does chemicals — accum. D&A mean?

The cumulative amount of depreciation and amortization expense recorded against the chemicals segment's fixed assets since their acquisition. It represents the portion of the asset base that has been systematically expensed over its useful life.

Phillips 66 PSX Chemicals — Accum. D&A

Similar metrics at other companies

KOPPerformance Chemicals — D&A

$4.3M+13.2%

CBTPerformance Chemicals — D&A

$21M+7.7%

KOPCarbon Materials and Chemicals — D&A

$6.9M+21.1%

EMND&A

$131M+4.0%

EMNChemical Intermediates — Depreciation, Depletion and Amortization

$25M+4.2%

IMOChemical — Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment

$758M+2.0%

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$68.86B+35.5%

P/E16.7×-10.7×

P/S0.5×+0.1×

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:PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization.

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 chemicals — accum. D&A?: Phillips 66 (PSX) reported chemicals — accum. D&A of $0 in Q1 2026.
What does chemicals — accum. D&A mean?: The cumulative amount of depreciation and amortization expense recorded against the chemicals segment's fixed assets since their acquisition. It represents the portion of the asset base that has been systematically expensed over its useful life.