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Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.
Phillips 66's quarterly accumulated depreciation
increased
from Dec. 2025 (CHF-18,085 Mil) to Mar. 2026 (CHF-18,203 Mil) and
increased
from Mar. 2026 (CHF-18,203 Mil) to Jun. 2026 (CHF-18,792 Mil).
Phillips 66's annual accumulated depreciation
increased
from Dec. 2023 (CHF-16,846 Mil) to Dec. 2024 (CHF-18,449 Mil) but then
stayed the same
from Dec. 2024 (CHF-18,449 Mil) to Dec. 2025 (CHF-18,085 Mil).
Phillips 66 Accumulated Depreciation Related Terms
Phillips 66 Accumulated Depreciation Historical Data
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The historical data trend for Phillips 66's Accumulated Depreciation can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.
What does a Accumulated Depreciation of CHF-18,792 Mil mean?
Phillips 66 (XSWX:PSX) has a Accumulated Depreciation of CHF-18,792 Mil as of Jun. 2026. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Phillips 66 and its competitors.
Is Phillips 66's Accumulated Depreciation too high?
Phillips 66's current Accumulated Depreciation is CHF-18,792 Mil. Overall, Phillips 66 has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Phillips 66's Accumulated Depreciation compare to VLO and MPC?
Phillips 66's Accumulated Depreciation of CHF-18,792 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Accumulated Depreciation for an Oil & Gas company?
A good Accumulated Depreciation depends on the Oil & Gas industry context. However, Accumulated Depreciation should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Accumulated Depreciation mean?
A high Accumulated Depreciation can signal that a stock is expensive relative to its fundamentals. Accumulated depreciation is a contra-asset item that accounts for the decline in value of long-term assets. View historical data on Phillips 66 and its competitors. Phillips 66's current Accumulated Depreciation is CHF-18,792 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Phillips 66 stock overvalued right now?
Phillips 66 (XSWX:PSX) has a current Accumulated Depreciation of CHF-18,792 Mil. The stock's GF Value™ is CHF123.14, compared to a current price of CHF184.54 — trading 49.9% above its estimated fair value. The current Accumulated Depreciation is CHF-18,792 Mil. Phillips 66's overall GF Score™ is 61/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Accumulated Depreciation calculated?
Accumulated Depreciation is calculated from a company's financial statements. For Phillips 66 (XSWX:PSX), the current Accumulated Depreciation is CHF-18,792 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Phillips 66 (XSWX:PSX) Overvalued in 2026?
Based on GuruFocus' analysis, Phillips 66 stock appears to be overvalued.
The current stock price of CHF184.54 is trading 49.9% above its estimated GF Value™ of CHF123.14.
Key valuation signals for XSWX:PSX:
Accumulated Depreciation: CHF-18,792 Mil
GF Value™: CHF123.14 vs. price of CHF184.54 (49.9% above fair value)
No single metric tells the full story. See the XSWX:PSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Phillips 66 is an independent refiner that owns or holds interest in 10 refineries with a total crude throughput capacity of 2.0 million barrels per day, or mmb/d, at the end of 2025. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crude oil, refined petroleum product, NGL and natural gas pipeline systems, and a comprehensive set of refined petroleum product, NGL and crude oil terminals, gathering and processing plants and fractionation facilities and various other storage and loading facilities. Its CPChem chemical joint venture operates facilities primarily in the United States and the Middle East and produces olefins and polyolefins.
61GF Score
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Accumulated Depreciation is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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