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Phillips 66 PSX Chemicals — Cost And Expenses

Other segment segments

Refining
$22.35B+33.8%
M&S
$19.42B
Midstream
$5.06B+3.4%
Renewable Fuels
$1.66B-2.9%

Similar metrics at other companies

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IMOChemical — Total Costs & Expenses
$305M-7.9%
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IMOChemical — Cost
$1.03B+1.4%
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IMOChemical — Production And Manufacturing Expenses
$52M+2.0%
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CBTPerformance Chemicals — Operating Expenses
-$36M-5.9%
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CAKEAll Other Segments — Total Costs & Expenses
$153.05M+8.7%
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NGVTPerformance Chemicals — Cost of Sales
$45.2M+9.2%

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$67.61B+33.0%
P/E16.4×-11.0×
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 psx:CostAndExpenses.

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 — cost and expenses?
Phillips 66 (PSX) reported chemicals — cost and expenses of $0 in Q1 2026.
What is the long-term trend for Phillips 66's chemicals — cost and expenses?
Over 3 years (2022 to 2025), Phillips 66's chemicals — cost and expenses has grown at a -100.0% compound annual growth rate (CAGR), from -$14M to $0.
What does chemicals — cost and expenses mean?
The aggregate of all operating costs, including raw materials, labor, overhead, and other expenses required to operate the Chemicals segment. This metric represents the total cost structure of the business unit before accounting for interest and taxes. It is the primary measure for evaluating the segment's overall cost efficiency and production economics.