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Phillips 66 PSX M&S — Net gain on dispositions

Other segment segments

Midstream
$6M-91.3%
Chemicals
$0
Refining
$0
Renewable Fuels
$0

Similar metrics at other companies

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UGIMidstream & Marketing — Gain (Loss) on Disposition of Business
$0
Digital Realty logo
DLRGain/(loss) on dispositions, net
$42.87M-70.4%
CSX logo
CSXGain/(loss) on dispositions, net
$4.25M+54.5%
TFX
TFXNet Gain On Sale Of Businesses And Assets
$0
Comfort Systems USA logo
FIXGain/(loss) on dispositions, net
$302K-45.7%
Global Payments logo
GPNGain (Loss) on Disposition of Business, Net
$38.88M-43.1%

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 psx:GainLossOnDisposition.

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 M&S — net gain on dispositions?
Phillips 66 (PSX) reported M&S — net gain on dispositions of $0 in Q1 2026.
How has Phillips 66's M&S — net gain on dispositions changed year-over-year?
Phillips 66's M&S — net gain on dispositions decreased by 100.0% year-over-year, from $1.02B to $0.
What does M&S — net gain on dispositions mean?
This represents the net profit or loss recognized from the sale or divestiture of assets, business units, or equity interests within the Marketing & Specialties segment. It is a non-operating item that reflects the company's capital recycling strategy and portfolio optimization efforts. Investors monitor this to understand one-time impacts on segment earnings.