Skip to content

Phillips 66 PSX Midstream — D&A

Other segment segments

Refining
$215M-52.9%
Renewable Fuels
$23M0.0%
M&S
$20M
Chemicals
$0

Similar metrics at other companies

Marathon Petroleum logo
MPCMidstream — D&A
$382M+8.8%
Energy Transfer logo
ETMidstream — Depreciation, depletion and amortization
$469M+4.7%
MTD
MTDRMidstream — Depreciation, Depletion and Amortization
$17M+40.5%
HF Sinclair logo
DINOMidstream — Depreciation, Depletion and Amortization
$19M+5.6%
UGI logo
UGIMidstream & Marketing — D&A
$22M+10.0%
Kinetik Holdings logo
KNTKMidstream Logistics — Depreciation and amortization expense
$99.5M+10.1%

Other financials

Income statement

See full
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

See full
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

See full
Operating cash flow-$2.3B-1,311%

Valuation

See full
Market cap$67.61B+33.0%
P/E16.4×-11.0×
P/S0.5×+0.1×

Profitability

See full
Gross margin12.5%+3.4pp
Net margin3.1%+1.7pp

Returns & leverage

See full
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 us-gaap:DepreciationDepletionAndAmortization.

The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

Ask your AI about Phillips 66's midstream — d&a.

Connect your AI assistant and compare segments, right in your chat.

Connect your AI
Harbor at dusk
Claude

Questions, answered.

What is Phillips 66's midstream — D&A?
Phillips 66 (PSX) reported midstream — D&A of $274M in Q1 2026.
How has Phillips 66's midstream — D&A changed year-over-year?
Phillips 66's midstream — D&A increased by 17.6% year-over-year, from $233M to $274M.
What is the long-term trend for Phillips 66's midstream — D&A?
Over 3 years (2022 to 2025), Phillips 66's midstream — D&A has grown at a 22.0% compound annual growth rate (CAGR), from $567M to $1.03B.
What does midstream — D&A mean?
The systematic allocation of the cost of tangible and intangible midstream assets, such as pipelines, storage tanks, and processing facilities, over their useful lives. This non-cash expense reflects the wear and tear or obsolescence of capital-intensive infrastructure.