Phillips 66 (PSX) Interest Expenses (2011 - 2026)
Phillips 66's (PSX) quarterly Interest Expenses came in at $286.0 million in Q1 2026, up 29.41% YoY from $221.0 million in Q1 2025, and down 3.05% on a QoQ basis from $295.0 million in Q4 2025.
Phillips 66 (PSX) Interest Expenses (2011 - 2026) Analysis & Trends
Phillips 66 (PSX) has 16 years of Interest Expenses data on file, last reported at $286.0 million in Q1 2026.
- Quarterly Interest Expenses rose 29.41% year-over-year to $286.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.1 billion (up 22.53% YoY) and the FY2025 annual result came in at $1.0 billion, up 13.06% from the prior year.
- Interest Expenses fell to $286.0 million in Q1 2026, from $295.0 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $295.0 million in Q4 2025 to a low of $133.0 million in Q2 2022.
- A 5-year average of $220.5 million and a median of $221.0 million in 2023 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2023 — Interest Expenses surged 100.0% — and 2024, when it slipped 13.16%.
- Tracing PSX's Interest Expenses over 5 years: stood at $193.0 million in 2022, then climbed by 12.95% to $218.0 million in 2023, then advanced by 0.92% to $220.0 million in 2024, then surged by 34.09% to $295.0 million in 2025, then decreased by 3.05% to $286.0 million in 2026.
- The last three Interest Expenses figures came in at $286.0 million (Q1 2026), $295.0 million (Q4 2025), and $259.0 million (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Marathon Petroleum | 95.79 Bn | 88.02 Bn | 9.27 Bn | 433.00 Mn |
| 2 | Valero Energy | 94.84 Bn | 86.97 Bn | 5.47 Bn | 145.00 Mn |
| 3 | Phillips 66 | 88.96 Bn | 84.86 Bn | 8.38 Bn | 314.00 Mn |
| 4 | HF Sinclair | 15.53 Bn | 13.27 Bn | 1.57 Bn | 28.00 Mn |
| 5 | Sunoco | 10.07 Bn | 9.30 Bn | 1.46 Bn | 204.00 Mn |
| 6 | PBF Energy | 8.16 Bn | 7.26 Bn | 1.15 Bn | 42.00 Mn |
| 7 | Cosan | 6.55 Bn | 1.44 Bn | 552.94 Mn | -1.66 Bn |
| 8 | Ultrapar Holdings | 6.42 Bn | 4.70 Bn | 603.08 Mn | -261.65 Mn |
| 9 | Icahn Enterprises | 5.02 Bn | 3.05 Bn | 198.00 Mn | 121.00 Mn |
| 10 | Delek US Holdings | 3.92 Bn | 3.29 Bn | 365.10 Mn | 58.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 314.00 Mn |
| Jun 30, 2026 | 314.00 Mn |
| Mar 31, 2026 | 286.00 Mn |
| Mar 31, 2026 | 286.00 Mn |
| Dec 31, 2025 | 295.00 Mn |
| Dec 31, 2025 | 295.00 Mn |
| Sep 30, 2025 | 259.00 Mn |
| Sep 30, 2025 | 259.00 Mn |
| Jun 30, 2025 | 264.00 Mn |
| Jun 30, 2025 | 264.00 Mn |
| Mar 31, 2025 | 221.00 Mn |
| Mar 31, 2025 | 221.00 Mn |
| Dec 31, 2024 | 220.00 Mn |
| Dec 31, 2024 | 220.00 Mn |
| Sep 30, 2024 | 229.00 Mn |
| Sep 30, 2024 | 229.00 Mn |
| Jun 30, 2024 | 231.00 Mn |
| Jun 30, 2024 | 231.00 Mn |
| Mar 31, 2024 | 227.00 Mn |
| Mar 31, 2024 | 227.00 Mn |