Phillips 66 (PSX) Capital Expenditures (2011 - 2026)
Phillips 66's Capital Expenditures came in at $680 million for Q3 2026, up 25.7% from $541 million a year earlier but down 6.3% from the prior quarter.
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Analysis
Phillips 66 (PSX) Capital Expenditures (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Phillips 66 reported Capital Expenditures of $2.67 billion, up 29.8% 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 five-year range for quarterly Capital Expenditures is $358 million (Q3 2024) to $735 million (Q3 2022).
- Year-over-year, Capital Expenditures has increased for six consecutive quarters, with growth averaging 22.5% 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 $726 million (Q2 2026), $582 million (Q1 2026) and $682 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 7.18 Bn |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 4.01 Bn |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | -4.45 Bn |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | - |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 3.02 Bn |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | -2.87 Bn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | -1.34 Bn |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 680.00 Mn |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - | -1.51 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 680.00 Mn |
| 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 |
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();