Phillips 66 (PSX) Capital Expenditures (2011 - 2026)
Phillips 66's Capital Expenditures came in at $726 million for Q2 2026, up 23.7% from $587 million a year earlier and up 24.7% from the prior quarter.
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Analysis
Phillips 66 (PSX) Capital Expenditures (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Phillips 66 reported Capital Expenditures of $2.53 billion, up 35.1% year-over-year; for FY2025, it was $2.23 billion, up 20.1% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of -5.2% (FY2020 to FY2025).
- Going back by year, Capital Expenditures was $1.86 billion in FY2024 (-13.7%), $2.16 billion in FY2023 (+14.1%), $1.89 billion in FY2022 (+1.5%) and $1.86 billion in FY2021 (-36.3%).
- The Q2 2026 figure represents the highest quarterly Capital Expenditures since Q3 2022.
- Year-over-year, Capital Expenditures has increased for five consecutive quarters, with growth averaging 14.3% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in Q1 2024 (growth of 66.1%), and the weakest in Q3 2024 (a decline of 39.5%).
- Business Quant data shows PSX's Capital Expenditures at $582 million (Q1 2026), $682 million (Q4 2025) and $541 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 746.42 Bn | 702.90 Bn | - | 6.53 Bn |
| 2 | Chevron | 442.96 Bn | 415.08 Bn | 33.45 Bn | 4.54 Bn |
| 3 | Shell | 313.69 Bn | 243.43 Bn | 30.13 Bn | 80.60 Bn |
| 4 | TotalEnergies SE | 200.00 Bn | 80.58 Bn | 61.77 Bn | 4.23 Bn |
| 5 | Conocophillips | 177.72 Bn | 150.43 Bn | 12.81 Bn | 3.02 Bn |
| 6 | Equinor Asa | 121.70 Bn | 36.16 Bn | - | 2.87 Bn |
| 7 | Phillips 66 | 117.59 Bn | 105.38 Bn | 8.38 Bn | 726.00 Mn |
| 8 | Canadian Natural Resources | 112.49 Bn | 109.50 Bn | 8.84 Bn | -1.72 Bn |
| 9 | Suncor Energy | 94.96 Bn | 80.71 Bn | - | -1.35 Bn |
| 10 | Eni Spa | 89.38 Bn | 33.94 Bn | - | - |
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 |
API Access
Phillips 66 Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=PSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "PSX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();