Business Segments · Accum. D&A

Midstream Segment — Accum. D&A

Phillips 66 Midstream Segment — Accum. D&A increased by 3.5% to $5.97B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 19.4%, from $5.00B to $5.97B. Over 4 years (FY 2021 to FY 2025), Midstream Segment — Accum. D&A shows an upward trend with a 16.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ4 2019
Last reportedQ1 2026
Rolls up toPP&E (Net)

How to read this metric

A rising ratio of accumulated D&A to gross PP&E suggests an aging asset base that may require future capital expenditure for maintenance or replacement.

Detailed definition

The cumulative amount of depreciation and amortization recorded against the midstream segment's fixed assets over their...

Peer comparison

Commonly used by analysts to assess the remaining useful life of midstream infrastructure.

Metric ID: psx_segment_midstream_accum_d_a

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$2.89B$2.98B$3.06B$3.16B$3.86B$3.81B$3.52B$3.74B$3.94B$4.17B$4.38B$4.67B$5.09B$4.58B$4.82B$5.00B$5.26B$5.53B$5.77B$5.97B
QoQ Change+3.1%+3.0%+3.0%+22.3%-1.4%-7.4%+6.2%+5.3%+5.7%+5.1%+6.5%+9.0%-10.0%+5.3%+3.8%+5.1%+5.2%+4.4%+3.5%
YoY Change+33.8%+27.9%+15.0%+18.6%+2.1%+9.5%+24.3%+24.6%+29.0%+9.8%+10.0%+7.2%+3.4%+20.8%+19.7%+19.4%
Range$2.89B$5.97B
CAGR+16.6%
Avg YoY Growth+17.2%
Median YoY Growth+19.0%
Current Streak6 quarters growth

Frequently Asked Questions

What is Phillips 66's midstream segment — accum. d&a?
Phillips 66 (PSX) reported midstream segment — accum. d&a of $5.97B in Q1 2026.
How has Phillips 66's midstream segment — accum. d&a changed year-over-year?
Phillips 66's midstream segment — accum. d&a increased by 19.4% year-over-year, from $5.00B to $5.97B.
What is the long-term trend for Phillips 66's midstream segment — accum. d&a?
Over 4 years (2021 to 2025), Phillips 66's midstream segment — accum. d&a has grown at a 16.5% compound annual growth rate (CAGR), from $11.72B to $21.56B.
What does midstream segment — accum. d&a mean?
The total depreciation and amortization taken on midstream assets to date.