Discontinued — last reported Q1 '18
Consolidation · Goodwill
Reportable Legal Entities — Goodwill
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2015
Last reportedQ1 2018
Rolls up toGoodwill
How to read this metric
A stable or decreasing balance is generally preferred, as significant increases may signal overpayment for acquisitions, while sudden decreases indicate impairment.
Detailed definition
Goodwill represents the premium paid over the fair market value of net assets during business acquisitions, reflecting t...
Peer comparison
Standard for companies that grow through acquisitions, such as those in the midstream energy sector.
Metric ID:
psx_segment_reportable_legal_entities_goodwillSimilar Metrics at Other Companies
Frequently Asked Questions
- What does reportable legal entities — goodwill mean?
- The value of intangible assets like brand and reputation recorded after acquiring other companies.