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Phillips 66 PSX Chemicals — Other Cost and Expense, Operating

Other segment segments

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$1.23B+14.4%
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-$250K

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CAKEAll Other Segments — Other Cost And Expense Operating
$28.68M+21.3%

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 us-gaap:OtherCostAndExpenseOperating.

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 — other cost and expense, operating?
Phillips 66 (PSX) reported chemicals — other cost and expense, operating of $2M in Q1 2026.
How has Phillips 66's chemicals — other cost and expense, operating changed year-over-year?
Phillips 66's chemicals — other cost and expense, operating decreased by 0.0% year-over-year, from $2M to $2M.
What is the long-term trend for Phillips 66's chemicals — other cost and expense, operating?
Over 3 years (2022 to 2025), Phillips 66's chemicals — other cost and expense, operating has grown at a -8.0% compound annual growth rate (CAGR), from -$9M to $7M.
What does chemicals — other cost and expense, operating mean?
Represents miscellaneous operating costs and expenses incurred by the Chemicals segment that are not classified under standard categories like cost of goods sold or SG&A. This metric captures operational overheads, maintenance, or incidental charges specific to chemical manufacturing activities. Monitoring this helps identify hidden operational inefficiencies or non-recurring costs within the segment.