Phillips 66 Renewable Fuels — Selling, General and Administrative Expense increased by 40.0% to $21.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 16.7%, from $18.00M to $21.00M. Over 3 years (FY 2022 to FY 2025), Renewable Fuels — Selling, General and Administrative Expense shows an upward trend with a 136.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase may indicate scaling operations or rising administrative complexity, while a decrease suggests cost-cutting or improved operational efficiency.
Represents the overhead costs associated with managing and operating the renewable fuels business segment. This includes...
Comparable to SG&A allocations in renewable energy divisions of major integrated oil and gas companies.
psx_segment_renewable_fuels_selling_general_and_administrative_expense| 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 | $1.25M | $1.25M | $1.25M | $1.25M | $2.00M | $2.00M | $2.00M | $2.00M | $11.00M | $11.00M | $18.00M | $11.00M | $18.00M | $14.00M | $19.00M | $15.00M | $21.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +60.0% | +0.0% | +0.0% | +0.0% | +450.0% | +0.0% | +63.6% | -38.9% | +63.6% | -22.2% | +35.7% | -21.1% | +40.0% |
| YoY Change | — | — | — | — | +60.0% | +60.0% | +60.0% | +60.0% | +450.0% | +450.0% | +800.0% | +450.0% | +63.6% | +27.3% | +5.6% | +36.4% | +16.7% |