Phillips 66 (PSX) Free Cash Flow (2011 - 2026)
Phillips 66's (PSX) quarterly Free Cash Flow came in at $6.5 billion in Q2 2026, up 2432.17% on a YoY basis from $258.0 million in Q2 2025, and up 329.55% quarter-over-quarter from -$2.8 billion in Q1 2026.
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Analysis
Phillips 66 (PSX) Free Cash Flow (2011 - 2026) Analysis & Trends
Phillips 66 (PSX) has reported Free Cash Flow for 16 consecutive years, with $6.5 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow rose 2432.17% year-over-year to $6.5 billion; the trailing twelve-month figure through Jun 2026 stood at $6.4 billion (up 329.7% YoY), and the FY2025 full-year result was $2.7 billion, up 17.02% from the prior year.
- Free Cash Flow climbed to $6.5 billion in Q2 2026 per PSX's latest filing, from -$2.8 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $6.5 billion in Q2 2026 and bottomed at -$2.8 billion in Q1 2026.
- Historically, Free Cash Flow has averaged $1.3 billion across 5 years, with a median of $797.5 million in 2023.
- The widest YoY moves for Free Cash Flow: up 2432.17% in 2026, down 1105.93% in 2026.
- Over 5 years, Free Cash Flow stood at $4.3 billion in 2022, then slumped by 64.17% to $1.6 billion in 2023, then plunged by 55.53% to $692.0 million in 2024, then jumped by 199.13% to $2.1 billion in 2025, then soared by 215.6% to $6.5 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $6.5 billion, -$2.8 billion, and $2.1 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 406.10 Bn | 403.25 Bn | 33.45 Bn | 18.10 Bn |
| 2 | Shell | 256.90 Bn | 217.03 Bn | 30.13 Bn | 25.67 Bn |
| 3 | TotalEnergies SE | 202.32 Bn | 173.15 Bn | 23.46 Bn | 15.09 Bn |
| 4 | Eni Spa | 172.63 Bn | 162.79 Bn | - | 7.34 Bn |
| 5 | Conocophillips | 153.88 Bn | 146.19 Bn | 12.81 Bn | 4.41 Bn |
| 6 | Equinor Asa | 107.31 Bn | 98.05 Bn | - | 6.60 Bn |
| 7 | Phillips 66 | 102.33 Bn | 99.43 Bn | 8.38 Bn | 6.53 Bn |
| 8 | Canadian Natural Resources | 99.17 Bn | 97.27 Bn | 8.84 Bn | 6.65 Bn |
| 9 | Suncor Energy | 81.11 Bn | 75.74 Bn | 17.50 Bn | 4.31 Bn |
| 10 | Eog Resources | 74.44 Bn | 69.53 Bn | - | 3.03 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.53 Bn |
| Mar 31, 2026 | -2.85 Bn |
| Dec 31, 2025 | 2.07 Bn |
| Sep 30, 2025 | 637.00 Mn |
| Jun 30, 2025 | 258.00 Mn |
| Mar 31, 2025 | -236.00 Mn |
| Dec 31, 2024 | 692.00 Mn |
| Sep 30, 2024 | 774.00 Mn |
| Jun 30, 2024 | 1.73 Bn |
| Mar 31, 2024 | -864.00 Mn |
| Dec 31, 2023 | 1.56 Bn |
| Sep 30, 2023 | 2.09 Bn |
| Jun 30, 2023 | 404.00 Mn |
| Mar 31, 2023 | 821.00 Mn |
| Dec 31, 2022 | 4.34 Bn |
| Sep 30, 2022 | 2.41 Bn |
| Jun 30, 2022 | 1.41 Bn |
| Mar 31, 2022 | 766.00 Mn |
| Dec 31, 2021 | 1.20 Bn |
| Sep 30, 2021 | 1.65 Bn |
API Access
Phillips 66 Free Cash Flow 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=free-cash-flow&ticker=PSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();