M&S — Taxes other than income taxes
Phillips 66 M&S — Taxes other than income taxes increased by 108.3% to $2.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 77.8%, from $9.00M to $2.00M. Over 3 years (FY 2022 to FY 2025), M&S — Taxes other than income taxes shows a downward trend with a -70.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may reflect higher operational scale, increased payroll, or changes in property tax assessments, while a decrease may indicate reduced operational footprint or tax efficiencies.
Detailed definition
This metric represents the non-income tax obligations incurred by the Marketing & Specialties segment, such as property,...
Peer comparison
Standard across energy peers as 'Taxes other than income taxes' within segment reporting.
psx_segment_m_s_taxes_other_than_income_taxesHistorical Data
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $9.50M | $9.50M | $9.50M | $9.50M | $10.00M | $10.00M | $10.00M | $10.00M | $15.00M | $9.00M | $16.00M | $19.00M | $9.00M | $6.00M | $8.00M | -$24.00M | $2.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +5.3% | +0.0% | +0.0% | +0.0% | +50.0% | -40.0% | +77.8% | +18.8% | -52.6% | -33.3% | +33.3% | -400.0% | +108.3% |
| YoY Change | — | — | — | — | +5.3% | +5.3% | +5.3% | +5.3% | +50.0% | -10.0% | +60.0% | +90.0% | -40.0% | -33.3% | -50.0% | -226.3% | -77.8% |
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Frequently Asked Questions
- What is Phillips 66's m&s — taxes other than income taxes?
- Phillips 66 (PSX) reported m&s — taxes other than income taxes of $2.00M in Q1 2026.
- How has Phillips 66's m&s — taxes other than income taxes changed year-over-year?
- Phillips 66's m&s — taxes other than income taxes decreased by 77.8% year-over-year, from $9.00M to $2.00M.
- What is the long-term trend for Phillips 66's m&s — taxes other than income taxes?
- Over 3 years (2022 to 2025), Phillips 66's m&s — taxes other than income taxes has grown at a -70.3% compound annual growth rate (CAGR), from $38.00M to -$1.00M.
- What does m&s — taxes other than income taxes mean?
- The total non-income taxes paid by the Marketing & Specialties business unit.