Phillips 66 (PSX)
NYSE: PSX · Real-Time Price · USD
282.83
+9.22 (3.37%)
At close: Oct 30, 2026, 4:00 PM EDT
283.80
+0.97 (0.34%)
After-hours: Oct 30, 2026, 7:59 PM EDT
Phillips 66 Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 12,576 | 4,403 | 2,117 | 7,015 | 11,024 | 1,317 |
Depreciation & Amortization | 1,588 | 2,287 | 2,110 | 1,977 | 1,629 | 1,605 |
Loss (Gain) From Sale of Assets | -2,103 | -2,984 | -321 | -115 | -7 | -7 |
Asset Writedown & Restructuring Costs | 2,040 | 2,024 | 709 | 24 | 60 | 1,498 |
Loss (Gain) From Sale of Investments | -925 | 12 | - | 38 | 433 | -365 |
Loss (Gain) on Equity Investments | -972 | 120 | -411 | -822 | -1,308 | -128 |
Other Operating Activities | 1,041 | 281 | 602 | 727 | -1,086 | -22 |
Change in Accounts Receivable | -4,212 | -508 | 574 | -696 | -2,073 | -922 |
Change in Inventory | 1,400 | 160 | -278 | -245 | 74 | 511 |
Change in Accounts Payable | 4,059 | -804 | -491 | -480 | 1,736 | 2,925 |
Change in Income Taxes | 1,570 | 230 | -464 | -663 | 580 | -56 |
Change in Other Net Operating Assets | -1,034 | -259 | 44 | 269 | -249 | -339 |
Operating Cash Flow | 15,028 | 4,962 | 4,191 | 7,029 | 10,813 | 6,017 |
Operating Cash Flow Growth | 340.96% | 18.40% | -40.38% | -34.99% | 79.71% | 185.03% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -2,670 | -2,233 | -1,859 | -2,155 | -1,888 | -1,860 |
Sale of Property, Plant & Equipment | 1,576 | 3,520 | 1,082 | 392 | 4 | 27 |
Cash Acquisitions | -1,467 | -3,498 | -625 | -263 | -306 | - |
Investment in Securities | 91 | 90 | 141 | 201 | 125 | 267 |
Other Investing Activities | -27 | 24 | -1,202 | 35 | 577 | -306 |
Investing Cash Flow | -2,497 | -2,097 | -2,463 | -1,790 | -1,488 | -1,872 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 8,395 | 6,272 | 6,260 | 453 | 1,443 |
Long-Term Debt Repaid | - | -8,774 | -4,140 | -4,252 | -2,883 | -2,954 |
Net Debt Issued (Repaid) | -3,426 | -379 | 2,132 | 2,008 | -2,430 | -1,511 |
Issuance of Common Stock | 169 | 107 | 86 | 123 | 103 | 26 |
Repurchase of Common Stock | -3,195 | -1,207 | -3,451 | -4,014 | -1,513 | - |
Common Dividends Paid | -2,003 | -1,922 | -1,882 | -1,882 | -1,793 | -1,585 |
Other Financing Activities | -154 | -136 | -190 | -4,327 | -755 | -400 |
Financing Cash Flow | -8,609 | -3,537 | -3,305 | -8,092 | -6,388 | -3,470 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -24 | 50 | -8 | 43 | 49 | -42 |
Net Cash Flow | 3,898 | -622 | -1,585 | -2,810 | 2,986 | 633 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 12,358 | 2,729 | 2,332 | 4,874 | 8,925 | 4,157 |
Free Cash Flow Growth | 814.73% | 17.02% | -52.15% | -45.39% | 114.70% | - |
Free Cash Flow Margin | 7.35% | 2.06% | 1.63% | 3.31% | 5.25% | 3.73% |
Free Cash Flow Per Share | 30.61 | 6.69 | 5.53 | 10.75 | 18.84 | 9.44 |
Levered Free Cash Flow | 9,517 | 1,261 | 445 | 2,810 | 5,593 | 1,844 |
Unlevered Free Cash Flow | 10,228 | 1,911 | 1,012 | 3,371 | 5,980 | 2,207 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 972 | 972 | 901 | 816 | 572 | 549 |
Cash Income Tax Paid | 200 | 200 | 1,186 | 1,397 | 2,071 | -1,065 |
Change in Working Capital | 1,783 | -1,181 | -615 | -1,815 | 68 | 2,119 |