Phillips 66 (PSX) Free Cash Flow (2011 - 2026)
Phillips 66's Free Cash Flow was $6.53 billion in Q2 2026, compared with $258 million a year earlier.
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Analysis
Phillips 66 (PSX) Free Cash Flow (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Phillips 66's Free Cash Flow was $6.39 billion through Jun 30, 2026, up 329.7% year-over-year; for FY2025, it came in at $2.73 billion, up 17.0% from FY2024.
- In earlier years, Free Cash Flow was $2.33 billion in FY2024 (-52.2%), $4.87 billion in FY2023 (-45.4%), $8.93 billion in FY2022 (+114.7%) and $4.16 billion in FY2021.
- The Q2 2026 figure marks the highest quarterly Free Cash Flow in data going back to Q1 2011.
- Compared with a year earlier, Free Cash Flow was higher in 1 of the last five quarters, with an average decline of 4.4%.
- The best year-over-year quarter for Free Cash Flow over five years was Q4 2021 (growth of 804.5%); the worst was Q2 2025 (a decline of 85.1%).
- Per Business Quant data, PSX's Free Cash Flow in the three quarters before Q2 2026 was -$2.85 billion (Q1 2026), $2.07 billion (Q4 2025) and $637 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 746.42 Bn | 702.90 Bn | - | 17.03 Bn |
| 2 | Chevron | 442.96 Bn | 415.08 Bn | 33.45 Bn | 18.10 Bn |
| 3 | Shell | 313.69 Bn | 243.43 Bn | 30.13 Bn | -59.17 Bn |
| 4 | TotalEnergies SE | 200.00 Bn | 80.58 Bn | 61.77 Bn | 6.63 Bn |
| 5 | Conocophillips | 177.72 Bn | 150.43 Bn | 12.81 Bn | 4.41 Bn |
| 6 | Equinor Asa | 121.70 Bn | 36.16 Bn | - | 6.60 Bn |
| 7 | Phillips 66 | 117.59 Bn | 105.38 Bn | 8.38 Bn | 6.53 Bn |
| 8 | Canadian Natural Resources | 112.49 Bn | 109.50 Bn | 8.84 Bn | 6.65 Bn |
| 9 | Suncor Energy | 94.96 Bn | 80.71 Bn | - | 7.00 Bn |
| 10 | Eni Spa | 89.38 Bn | 33.94 Bn | - | 4.96 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();