Discontinued — last reported Q3 '25

Business Segments · Impairment Charges

Marketing and Specialties — Impairment Charges

Phillips 66 Marketing and Specialties — Impairment Charges decreased by 100.0% to $0.00 in Q3 2025 compared to the prior quarter. Year-over-year, this metric declined by 100.0%, from $1.00M to $0.00. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryRisk
SignalLower is better
VolatilityVolatile
First reportedQ1 2019
Last reportedQ3 2025

How to read this metric

An increase signals deteriorating asset performance, market headwinds, or poor historical investment decisions.

Detailed definition

The expense recognized when the carrying value of assets within the Marketing and Specialties segment exceeds their reco...

Peer comparison

Standard accounting metric for asset valuation; peers report this as segment-level impairment charges.

Metric ID: psx_segment_marketing_and_specialties_impairment_charges

Historical Data

12 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q3 '23Q2 '24Q3 '24Q2 '25Q3 '25
Value$250.00K$250.00K$250.00K$0.00$0.00$0.00$0.00$0.00$0.00$1.00M$1.00M$0.00
QoQ Change+0.0%+0.0%-100.0%+0.0%-100.0%
YoY Change-100.0%-100.0%-100.0%-100.0%
Range$0.00$1.00M
CAGR-100.0%
Avg YoY Growth-100.0%
Median YoY Growth-100.0%

Frequently Asked Questions

What is Phillips 66's marketing and specialties — impairment charges?
Phillips 66 (PSX) reported marketing and specialties — impairment charges of $0.00 in Q3 2025.
How has Phillips 66's marketing and specialties — impairment charges changed year-over-year?
Phillips 66's marketing and specialties — impairment charges decreased by 100.0% year-over-year, from $1.00M to $0.00.
What does marketing and specialties — impairment charges mean?
A write-down of asset values in the Marketing and Specialties segment due to a decline in their expected future economic benefit.