Phillips 66 (PSX) FCF Margin (2011 - 2026)
Phillips 66 (PSX) reported FCF Margin of 8.62% for Q1 2026, down 785.0% on a YoY basis from 1.26% in Q1 2025, and down 251.37% quarter-over-quarter from 5.7% in Q4 2025.
Phillips 66 (PSX) FCF Margin (2011 - 2026) Analysis & Trends
Phillips 66 has reported FCF Margin for 16 years, with the latest figure at 8.62% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin fell 785.0% year-over-year to 8.62%; the trailing twelve-month figure through Mar 2026 stood at 0.09% (down 208.0% YoY), and the FY2025 full-year result was 2.0%, up 37.0% from the prior year.
- FCF Margin for Q1 2026 stood at 8.62%, down from 5.7% in the prior quarter.
- The five-year high for FCF Margin was 10.62% in Q4 2022, with the low at 8.62% in Q1 2026.
- Historically, FCF Margin has averaged 2.3% across 5 years, with a median of 2.19% in 2024.
- Annual changes were most pronounced in 2022 — FCF Margin soared 727 bps — and 2026, when it slumped 785 bps.
- Phillips 66's FCF Margin stood at 10.62% in 2022, then tumbled by 62 bps to 4.02% in 2023, then sank by 46 bps to 2.19% in 2024, then soared by 161 bps to 5.7% in 2025, then sank by 251 bps to 8.62% in 2026.
- The last three FCF Margin figures came in at 8.62% (Q1 2026), 5.7% (Q4 2025), and 1.82% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 76.18 Bn | 80.70 Bn | 3.31 Bn | 0.60% |
| 2 | Valero Energy | 75.63 Bn | 72.96 Bn | 30.79 Bn | 3.51% |
| 3 | Phillips 66 | 71.92 Bn | 67.92 Bn | 31.12 Bn | -8.62% |
| 4 | HF Sinclair | 12.56 Bn | 11.48 Bn | 1.19 Bn | 4.98% |
| 5 | Sunoco | 8.81 Bn | 8.10 Bn | 1.69 Bn | 2.39% |
| 6 | Cosan | 5.12 Bn | 250.68 Mn | 552.94 Mn | 34.92% |
| 7 | Icahn Enterprises | 4.72 Bn | 3.42 Bn | -134.00 Mn | 12.83% |
| 8 | PBF Energy | 4.49 Bn | 4.08 Bn | 278.50 Mn | -4.39% |
| 9 | Cvr Energy | 3.16 Bn | 2.85 Bn | -103.00 Mn | 0.86% |
| 10 | Delek US Holdings | 2.80 Bn | 2.43 Bn | -130.20 Mn | 10.30% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.62% |
| Dec 31, 2025 | 5.70% |
| Sep 30, 2025 | 1.82% |
| Jun 30, 2025 | 0.77% |
| Mar 31, 2025 | -0.78% |
| Dec 31, 2024 | 2.19% |
| Sep 30, 2024 | 2.14% |
| Jun 30, 2024 | 4.54% |
| Mar 31, 2024 | -2.37% |
| Dec 31, 2023 | 4.02% |
| Sep 30, 2023 | 5.19% |
| Jun 30, 2023 | 1.13% |
| Mar 31, 2023 | 2.39% |
| Dec 31, 2022 | 10.62% |
| Sep 30, 2022 | 5.36% |
| Jun 30, 2022 | 2.85% |
| Mar 31, 2022 | 2.12% |
| Dec 31, 2021 | 3.34% |
| Sep 30, 2021 | 5.25% |
| Jun 30, 2021 | 4.89% |