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Phillips 66 PSX Renewable Fuels — D&A

Other segment segments

Midstream
$284M+9.2%
Refining
$221M-50.1%
M&S
$33M
Chemicals
$0

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PHINFuel Systems — D&A
$34M+6.3%

Other financials

Income statement

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Revenue$51.0B+53.1%
Gross profit$7.3B+72.9%
Net income$3.8B+339%
EPS (diluted)$9.55+344%

Balance sheet

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Cash & equivalents$4.1B+290%
Total debt$20.6B
Total equity$31.5B+14.6%
Total assets$81.8B+7.7%

Cash flow

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Operating cash flow$7.3B+759%

Valuation

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Market cap$81.36B+70.1%
Enterprise value$97.83B
P/E11.5×-16.4×
P/S0.5×+0.2×

Profitability

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Gross margin13.1%+3.1pp
Net margin4.7%+3.4pp

Returns & leverage

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Return on equity24%+18.0pp
Debt / equity0.7×
Current ratio1.3×+0.2×

Where this comes from

Reported directly by Phillips 66 in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Phillips 66’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:43 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001534701-26-000032
Line itemMillions of Dollars / Operating Segments / MidstreamMillions of Dollars / Operating Segments / ChemicalsMillions of Dollars / Operating Segments / RefiningMillions of Dollars / Operating Segments / M&SMillions of Dollars / Operating Segments / Renewable FuelsMillions of Dollars / Corporate and OtherMillions of Dollars / Consolidating AdjustmentsMillions of Dollars / Total Consolidated
Purchased crude oil and products4,63931,45331,3542,074(25,856)43,664
Operating expenses*56811,144227927(31)1,810
Selling, general and administrative expenses*54(2)2533219110538
Depreciation and amortization284221262430585
Impairments189
Taxes other than income taxes60882(41)18127
Interest and debt expense314314
Other segment items**318(1)(1)726

Item 1. FINANCIAL STATEMENTS

FAQ

What is Phillips 66's renewable fuels — D&A?
Phillips 66 (PSX) reported renewable fuels — D&A of $24M in Q2 2026.
How has Phillips 66's renewable fuels — D&A changed year-over-year?
Phillips 66's renewable fuels — D&A increased by 4.3% year-over-year, from $23M to $24M.
What is the long-term trend for Phillips 66's renewable fuels — D&A?
Over 3 years (2022 to 2025), Phillips 66's renewable fuels — D&A has grown at a 138.5% compound annual growth rate (CAGR), from $7M to $95M.
What does renewable fuels — D&A mean?
The systematic allocation of the cost of tangible and intangible assets used in the renewable fuels segment over their useful lives. This reflects the wear and tear or obsolescence of specialized refining equipment and technology used for renewable fuel production.

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