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.
An increase relative to revenue suggests margin compression, while a decrease relative to revenue suggests improved operational efficiency.
The total aggregate cost of operating the renewable fuels segment, including raw material procurement, processing, labor...
Standard metric for evaluating the cost structure of any industrial business segment.
psx_segment_renewable_fuels_cost_and_expenses| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '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% |