Skip to content
OpenCapital
Get started

Phillips 66 PSX Midstream — Equity in earnings of affiliates

Other segment segments

Chemicals
$114M+0.9%
M&S
$36M—
Refining
$0+100%
Renewable Fuels
$0+100%

Similar metrics at other companies

Energy Transfer logo
ETMidstream — Equity in earnings of unconsolidated affiliates
$2M-33.3%
Kinetik Holdings logo
KNTKMidstream Logistics — Equity in earnings of unconsolidated affiliates
$0—
Marathon Petroleum logo
MPCMidstream — Income (Loss) from Equity Method Investments
$207M-1.0%
Occidental Petroleum logo
OXYMidstream and marketing — Income from equity investments and other
$138M+21.1%
Marathon Petroleum logo
MPCMidstream — Equity Method Investments
$5.54B+4.6%
UGI logo
UGIMidstream & Marketing — Income (Loss) from Equity Method Investments
$5M+66.7%

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+35.5%
P/E16.4×-10.5×
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:IncomeLossFromEquityMethodInvestments.

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 — equity in earnings of affiliates.

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 — equity in earnings of affiliates?
Phillips 66 (PSX) reported midstream — equity in earnings of affiliates of $103M in Q1 2026.
How has Phillips 66's midstream — equity in earnings of affiliates changed year-over-year?
Phillips 66's midstream — equity in earnings of affiliates decreased by 6.4% year-over-year, from $110M to $103M.
What is the long-term trend for Phillips 66's midstream — equity in earnings of affiliates?
Over 4 years (2021 to 2025), Phillips 66's midstream — equity in earnings of affiliates has grown at a -17.9% compound annual growth rate (CAGR), from $877M to $399M.
What does midstream — equity in earnings of affiliates mean?
The company's proportional share of net income from joint ventures and non-consolidated entities within the midstream segment. This reflects the profitability of strategic partnerships and minority interests in infrastructure projects.