Business Segments · Total Assets

Chemicals — Total Assets

Phillips 66 Chemicals — Total Assets increased by 1.5% to $8.02B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 1.2%, from $7.92B to $8.02B. Over 4 years (FY 2021 to FY 2025), Chemicals — Total Assets shows an upward trend with a 5.5% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryMarket Position
SignalHigher is better
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026
Rolls up toTotal Assets

How to read this metric

An increase in total assets typically signals growth in the segment's operational footprint, whereas a decrease may indicate asset impairment or divestiture.

Detailed definition

This metric represents the aggregate book value of all resources, including property, plant, equipment, and working capi...

Peer comparison

Comparable to segment asset reporting for chemical divisions within diversified energy or industrial conglomerates.

Metric ID: psx_segment_chemicals_total_assets

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$6.45B$6.45B$6.45B$6.55B$6.60B$6.68B$6.79B$6.98B$7.17B$7.26B$7.36B$7.51B$7.67B$7.91B$7.84B$7.92B$7.89B$7.91B$7.90B$8.02B
QoQ Change-0.1%+0.1%+1.5%+0.7%+1.2%+1.6%+2.9%+2.7%+1.2%+1.3%+2.1%+2.1%+3.1%-0.8%+1.0%-0.4%+0.3%-0.2%+1.5%
YoY Change+2.2%+3.6%+5.1%+6.6%+8.7%+8.8%+8.4%+7.6%+6.9%+8.9%+6.6%+5.4%+2.9%+0.1%+0.7%+1.2%
Range$6.45B$8.02B
CAGR+4.7%
Avg YoY Growth+5.2%
Median YoY Growth+6.0%

Frequently Asked Questions

What is Phillips 66's chemicals — total assets?
Phillips 66 (PSX) reported chemicals — total assets of $8.02B in Q1 2026.
How has Phillips 66's chemicals — total assets changed year-over-year?
Phillips 66's chemicals — total assets increased by 1.2% year-over-year, from $7.92B to $8.02B.
What is the long-term trend for Phillips 66's chemicals — total assets?
Over 4 years (2021 to 2025), Phillips 66's chemicals — total assets has grown at a 5.5% compound annual growth rate (CAGR), from $25.49B to $31.62B.
What does chemicals — total assets mean?
The total value of all assets owned and used exclusively by the chemicals business segment.