Business Segments · Cost And Expenses

Renewable Fuels — Cost And Expenses

Phillips 66 Renewable Fuels — Cost And Expenses increased by 7.2% to $1.66B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.9%, from $1.71B to $1.66B. Over 3 years (FY 2022 to FY 2025), Renewable Fuels — Cost And Expenses shows an upward trend with a 27.5% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

An increase relative to revenue suggests margin compression, while a decrease relative to revenue suggests improved operational efficiency.

Detailed definition

The total aggregate cost of operating the renewable fuels segment, including raw material procurement, processing, labor...

Peer comparison

Standard metric for evaluating the cost structure of any industrial business segment.

Metric ID: psx_segment_renewable_fuels_cost_and_expenses

Historical Data

17 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$816.00M$816.00M$816.00M$816.00M$1.20B$1.20B$1.20B$1.20B$1.20B$1.56B$1.46B$1.54B$1.71B$1.79B$1.71B$1.55B$1.66B
QoQ Change+0.0%+0.0%+0.0%+47.0%+0.0%+0.0%+0.0%+0.3%+29.9%-6.6%+5.7%+11.0%+4.6%-4.7%-9.1%+7.2%
YoY Change+47.0%+47.0%+47.0%+47.0%+0.3%+30.3%+21.7%+28.7%+42.3%+14.6%+16.9%+0.5%-2.9%
Range$816.00M$1.79B
CAGR+19.5%
Avg YoY Growth+26.2%
Median YoY Growth+28.7%

Frequently Asked Questions

What is Phillips 66's renewable fuels — cost and expenses?
Phillips 66 (PSX) reported renewable fuels — cost and expenses of $1.66B in Q1 2026.
How has Phillips 66's renewable fuels — cost and expenses changed year-over-year?
Phillips 66's renewable fuels — cost and expenses decreased by 2.9% year-over-year, from $1.71B to $1.66B.
What is the long-term trend for Phillips 66's renewable fuels — cost and expenses?
Over 3 years (2022 to 2025), Phillips 66's renewable fuels — cost and expenses has grown at a 27.5% compound annual growth rate (CAGR), from $3.26B to $6.76B.
What does renewable fuels — cost and expenses mean?
The total operating costs incurred to run the renewable fuels business.