Phillips 66 (PSX) Capital Expenditures (2011 - 2026)
Phillips 66's (PSX) quarterly Capital Expenditures came in at $582.0 million in Q1 2026, up 37.59% YoY from $423.0 million in Q1 2025, and down 14.66% on a QoQ basis from $682.0 million in Q4 2025.
Analysis
Phillips 66 (PSX) Capital Expenditures (2011 - 2026) Analysis & Trends
Phillips 66 (PSX) has 16 years of Capital Expenditures data on file, last reported at $582.0 million in Q1 2026.
- Quarterly Capital Expenditures rose 37.59% year-over-year to $582.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.4 billion (up 44.62% YoY) and the FY2025 annual result came in at $2.2 billion, up 20.12% from the prior year.
- Capital Expenditures retreated to $582.0 million in Q1 2026, from $682.0 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $735.0 million in Q3 2022 to a low of $358.0 million in Q3 2024.
- A 5-year average of $512.8 million and a median of $541.0 million in 2025 frame the typical range for Capital Expenditures.
- The widest YoY moves for Capital Expenditures: up 66.14% in 2024, down 39.53% in 2024.
- Tracing PSX's Capital Expenditures over 5 years: stood at $407.0 million in 2022, then surged by 55.77% to $634.0 million in 2023, then fell by 20.19% to $506.0 million in 2024, then surged by 34.78% to $682.0 million in 2025, then slipped by 14.66% to $582.0 million in 2026.
- The last three Capital Expenditures figures came in at $582.0 million (Q1 2026), $682.0 million (Q4 2025), and $541.0 million (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 112.40 Bn | 104.63 Bn | 9.27 Bn | 1.19 Bn |
| 2 | Valero Energy | 108.66 Bn | 100.78 Bn | 5.47 Bn | 128.00 Mn |
| 3 | Phillips 66 | 102.16 Bn | 98.06 Bn | 8.38 Bn | 726.00 Mn |
| 4 | HF Sinclair | 19.10 Bn | 16.84 Bn | 1.57 Bn | 118.00 Mn |
| 5 | Sunoco | 10.25 Bn | 9.48 Bn | 1.46 Bn | 173.00 Mn |
| 6 | PBF Energy | 8.84 Bn | 7.94 Bn | 1.15 Bn | 127.10 Mn |
| 7 | Ultrapar Holdings | 7.56 Bn | 5.45 Bn | 912.61 Mn | -154.11 Mn |
| 8 | Icahn Enterprises | 4.64 Bn | 2.67 Bn | 198.00 Mn | 80.00 Mn |
| 9 | Delek US Holdings | 4.34 Bn | 3.71 Bn | 365.10 Mn | 173.80 Mn |
| 10 | Cvr Energy | 4.31 Bn | 3.57 Bn | 117.00 Mn | 43.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 726.00 Mn |
| Mar 31, 2026 | 582.00 Mn |
| Dec 31, 2025 | 682.00 Mn |
| Sep 30, 2025 | 541.00 Mn |
| Jun 30, 2025 | 587.00 Mn |
| Mar 31, 2025 | 423.00 Mn |
| Dec 31, 2024 | 506.00 Mn |
| Sep 30, 2024 | 358.00 Mn |
| Jun 30, 2024 | 367.00 Mn |
| Mar 31, 2024 | 628.00 Mn |
| Dec 31, 2023 | 634.00 Mn |
| Sep 30, 2023 | 592.00 Mn |
| Jun 30, 2023 | 551.00 Mn |
| Mar 31, 2023 | 378.00 Mn |
| Dec 31, 2022 | 407.00 Mn |
| Sep 30, 2022 | 735.00 Mn |
| Jun 30, 2022 | 376.00 Mn |
| Mar 31, 2022 | 370.00 Mn |
| Dec 31, 2021 | 597.00 Mn |
| Sep 30, 2021 | 552.00 Mn |