Phillips 66 (PSX) Cash from Operations (2011 - 2026)
Phillips 66 (PSX) recorded Cash from Operations of $7.26 billion in Q2 2026, up 759.1% from $845 million a year earlier.
Phillips 66 (PSX) Cash from Operations (2011 - 2026) Analysis & Trends
On a TTM basis, Phillips 66's Cash from Operations came in at $8.93 billion as of Jun 30, 2026, up 165.5% year-over-year; for FY2025, it came in at $4.96 billion, up 18.4% from FY2024.
- Annual Cash from Operations has a five-year compound annual growth rate of 18.6% (FY2020 to FY2025).
- Across earlier years, Cash from Operations came in at $4.19 billion in FY2024 (-40.4%), $7.03 billion in FY2023 (-35.0%), $10.81 billion in FY2022 (+79.7%) and $6.02 billion in FY2021 (+185.0%).
- The Q2 2026 figure is the highest quarterly Cash from Operations in data going back to Q1 2011.
- On a year-over-year basis, Cash from Operations rose in three of the last six quarters, with growth averaging 121.7%.
- Peak year-over-year performance for Cash from Operations in the last five years was growth of 759.1% in Q2 2026, against a decline of 59.7% in Q2 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at -$2.26 billion (Q1 2026), $2.75 billion (Q4 2025) and $1.18 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 746.42 Bn | 702.90 Bn | - | 23.56 Bn |
| 2 | Chevron | 442.96 Bn | 415.08 Bn | 33.45 Bn | 22.63 Bn |
| 3 | Shell | 313.69 Bn | 243.43 Bn | 30.13 Bn | 21.43 Bn |
| 4 | TotalEnergies SE | 200.00 Bn | 80.58 Bn | 61.77 Bn | 10.86 Bn |
| 5 | Conocophillips | 177.72 Bn | 150.43 Bn | 12.81 Bn | 7.43 Bn |
| 6 | Equinor Asa | 121.70 Bn | 36.16 Bn | - | 9.47 Bn |
| 7 | Phillips 66 | 117.59 Bn | 105.38 Bn | 8.38 Bn | 7.26 Bn |
| 8 | Canadian Natural Resources | 112.49 Bn | 109.50 Bn | 8.84 Bn | 4.93 Bn |
| 9 | Suncor Energy | 94.96 Bn | 80.71 Bn | - | 5.66 Bn |
| 10 | Eni Spa | 89.38 Bn | 33.94 Bn | - | 4.96 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.26 Bn |
| Mar 31, 2026 | -2.26 Bn |
| Dec 31, 2025 | 2.75 Bn |
| Sep 30, 2025 | 1.18 Bn |
| Jun 30, 2025 | 845.00 Mn |
| Mar 31, 2025 | 187.00 Mn |
| Dec 31, 2024 | 1.20 Bn |
| Sep 30, 2024 | 1.13 Bn |
| Jun 30, 2024 | 2.10 Bn |
| Mar 31, 2024 | -236.00 Mn |
| Dec 31, 2023 | 2.19 Bn |
| Sep 30, 2023 | 2.69 Bn |
| Jun 30, 2023 | 955.00 Mn |
| Mar 31, 2023 | 1.20 Bn |
| Dec 31, 2022 | 4.75 Bn |
| Sep 30, 2022 | 3.14 Bn |
| Jun 30, 2022 | 1.78 Bn |
| Mar 31, 2022 | 1.14 Bn |
| Dec 31, 2021 | 1.80 Bn |
| Sep 30, 2021 | 2.20 Bn |
Phillips 66 Cash from Operations 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=cash-from-operations&ticker=PSX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "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=cash-from-operations&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();