Phillips 66 (PSX) FCF Margin (2011 - 2026)
Phillips 66's (PSX) quarterly FCF Margin came in at 12.55% in Q2 2026, up 1178.0% on a YoY basis from 0.98% in Q2 2025, and up 245.56% quarter-over-quarter from 8.62% in Q1 2026.
Phillips 66 (PSX) FCF Margin (2011 - 2026) Analysis & Trends
Phillips 66 (PSX) has reported FCF Margin for 16 consecutive years, with 12.55% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 1178.0% year-over-year to 12.55%; the trailing twelve-month figure through Jun 2026 stood at 4.09% (up 299.0% YoY), and the FY2025 full-year result was 2.0%, up 40.0% from the prior year.
- FCF Margin rose to 12.55% in Q2 2026 per PSX's latest filing, from 8.62% in the prior quarter.
- Across five years, FCF Margin topped out at 12.55% in Q2 2026 and bottomed at 8.62% in Q1 2026.
- Historically, FCF Margin has averaged 2.83% across 5 years, with a median of 2.24% in 2024.
- The widest YoY moves for FCF Margin: up 1178 bps in 2026, down 788 bps in 2026.
- Over 5 years, FCF Margin stood at 10.62% in 2022, then sank by 62 bps to 4.02% in 2023, then sank by 49 bps to 2.04% in 2024, then surged by 180 bps to 5.7% in 2025, then soared by 120 bps to 12.55% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 12.55%, 8.62%, and 5.7% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 406.10 Bn | 403.25 Bn | 33.45 Bn | 25.83% |
| 2 | Shell | 256.90 Bn | 217.03 Bn | 30.13 Bn | 27.12% |
| 3 | TotalEnergies SE | 202.32 Bn | 173.15 Bn | 23.46 Bn | 24.43% |
| 4 | Eni Spa | 172.63 Bn | 162.79 Bn | - | 27.84% |
| 5 | Conocophillips | 153.88 Bn | 146.19 Bn | 12.81 Bn | 22.59% |
| 6 | Equinor Asa | 107.31 Bn | 98.05 Bn | - | 18.76% |
| 7 | Phillips 66 | 102.33 Bn | 99.43 Bn | 8.38 Bn | 12.55% |
| 8 | Canadian Natural Resources | 99.17 Bn | 97.27 Bn | 8.84 Bn | 62.43% |
| 9 | Suncor Energy | 81.11 Bn | 75.74 Bn | 17.50 Bn | 22.65% |
| 10 | Eog Resources | 74.44 Bn | 69.53 Bn | - | 35.16% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.55% |
| Mar 31, 2026 | -8.62% |
| Dec 31, 2025 | 5.70% |
| Sep 30, 2025 | 1.82% |
| Jun 30, 2025 | 0.77% |
| Mar 31, 2025 | -0.74% |
| Dec 31, 2024 | 2.04% |
| Sep 30, 2024 | 2.14% |
| Jun 30, 2024 | 4.45% |
| Mar 31, 2024 | -2.37% |
| Dec 31, 2023 | 4.02% |
| Sep 30, 2023 | 5.19% |
| Jun 30, 2023 | 1.13% |
| Mar 31, 2023 | 2.34% |
| Dec 31, 2022 | 10.62% |
| Sep 30, 2022 | 4.94% |
| Jun 30, 2022 | 2.85% |
| Mar 31, 2022 | 2.09% |
| Dec 31, 2021 | 3.58% |
| Sep 30, 2021 | 5.25% |
Phillips 66 FCF Margin 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=fcf-margin&ticker=PSX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();