Phillips 66 (PSX)
NYSE: PSX · Real-Time Price · USD
273.76
+5.23 (1.95%)
At close: Oct 28, 2026, 4:00 PM EDT
274.99
+1.23 (0.45%)
After-hours: Oct 28, 2026, 7:57 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 Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 5,639 | 3,847 | 207 | 2,906 | 133 | 877 | 487 | 8 | 346 | 1,015 | 748 | 1,260 | 2,097 | 1,697 | 1,961 | 1,884 | 5,391 | 3,167 | 582 | 1,273 |
Depreciation & Amortization | 591 | 585 | 558 | 580 | 585 | 577 | 545 | 591 | 518 | 497 | 504 | 518 | 488 | 495 | 476 | 502 | 430 | 359 | 338 | 524 |
Loss (Gain) From Sale of Assets | -1 | -117 | -6 | -1,979 | -11 | 93 | -1,087 | -82 | -2 | -237 | - | 9 | -102 | 12 | -34 | -5 | -1 | - | -1 | -2 |
Asset Writedown & Restructuring Costs | 32 | 9 | 8 | 1,265 | 244 | 243 | 272 | 265 | 54 | 225 | 165 | 9 | 3 | 4 | 8 | 58 | - | 2 | - | 200 |
Loss (Gain) From Sale of Investments | 4 | 8 | 9 | -946 | 944 | 4 | 10 | -2 | 1 | 7 | -6 | 4 | 8 | 15 | 11 | 15 | 28 | 221 | 169 | -339 |
Loss (Gain) on Equity Investments | -352 | -514 | -86 | -20 | -55 | 75 | 120 | 108 | -160 | -179 | -180 | -55 | -201 | -324 | -242 | -323 | -495 | -390 | -100 | -50 |
Other Operating Activities | 272 | 499 | 9 | 238 | 80 | 51 | -88 | 13 | 756 | -147 | -20 | 238 | 106 | 101 | 282 | 510 | -2,108 | 249 | 263 | -218 |
Change in Accounts Receivable | - | 287 | -2,471 | -466 | 801 | -1,744 | 901 | -788 | 427 | 736 | 199 | 329 | -2,573 | -115 | 1,663 | 2,357 | 1,204 | -2,592 | -3,042 | 543 |
Change in Inventory | - | 800 | -1,658 | 2,590 | -823 | -393 | -1,214 | 2,023 | 499 | -245 | -2,555 | 2,017 | 677 | -936 | -2,003 | 1,044 | 295 | -113 | -1,152 | 1,006 |
Change in Accounts Payable | - | 136 | 3,023 | -1,210 | -669 | 691 | 384 | -593 | -1,456 | -120 | 1,678 | -1,824 | 2,267 | -184 | -739 | -920 | -2,629 | 476 | 4,809 | -798 |
Change in Income Taxes | - | 591 | 470 | -481 | 57 | 543 | 111 | -447 | 280 | 293 | -590 | -422 | 125 | 287 | -653 | -585 | 461 | 585 | 119 | -369 |
Change in Other Net Operating Assets | 1,096 | 1,128 | -2,327 | 275 | -108 | -172 | -254 | 102 | -131 | 252 | -179 | 107 | -210 | -97 | 469 | 213 | 568 | -181 | -849 | 30 |
Operating Cash Flow | 7,281 | 7,259 | -2,264 | 2,752 | 1,178 | 845 | 187 | 1,198 | 1,132 | 2,097 | -236 | 2,190 | 2,685 | 955 | 1,199 | 4,750 | 3,144 | 1,783 | 1,136 | 1,800 |
Operating Cash Flow Growth (YoY) | 518.08% | 759.05% | - | 129.72% | 4.06% | -59.70% | - | -45.30% | -57.84% | 119.58% | - | -53.90% | -14.60% | -46.44% | 5.55% | 163.89% | 42.71% | 2.30% | 319.19% | 181.69% |
Investing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -680 | -726 | -582 | -682 | -541 | -587 | -423 | -506 | -358 | -367 | -628 | -634 | -592 | -551 | -378 | -713 | -735 | -376 | -370 | -597 |
Sale of Property, Plant & Equipment | 16 | 64 | 7 | 1,489 | - | -3 | 2,034 | 176 | 219 | 685 | 2 | 22 | 280 | 13 | 77 | 1 | 1 | 1 | 1 | 1 |
Cash Acquisitions | - | -113 | -66 | -1,288 | 10 | -2,220 | - | -58 | -567 | - | - | - | -263 | - | - | - | - | - | - | - |
Investment in Securities | 18 | 15 | 26 | 32 | 15 | 18 | 25 | 19 | 55 | 26 | 41 | 42 | 40 | 59 | 60 | 47 | 30 | 33 | 15 | 31 |
Other Investing Activities | -40 | 22 | 9 | -18 | 29 | 58 | -45 | 24 | -1,129 | -17 | -80 | -38 | 50 | 47 | -24 | 433 | 167 | 51 | -74 | 8 |
Investing Cash Flow | -686 | -738 | -606 | -467 | -487 | -2,734 | 1,591 | -345 | -1,780 | 327 | -665 | -608 | -485 | -432 | -265 | -232 | -537 | -291 | -428 | -557 |
Financing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | 1,301 | - | 9,629 | - | - | - | - | - | - | - | 3,815 | - | - | - | 2,488 | - | - | - | - | - |
Total Debt Issued | 1,301 | -2,740 | 9,629 | 2,446 | 2,450 | 3,499 | - | 1,135 | 1,518 | -196 | 3,815 | 535 | 678 | 2,559 | 2,488 | 453 | - | - | - | 993 |
Long-Term Debt Repaid | -3,374 | - | -1,965 | - | - | - | -1,287 | - | - | - | -3,013 | - | - | - | -1,223 | - | - | - | -24 | - |
Total Debt Repaid | -3,374 | -3,936 | -1,965 | -4,787 | -1,612 | -1,088 | -1,287 | -712 | -408 | -7 | -3,013 | -627 | -1,166 | -1,236 | -1,223 | -926 | -476 | -1,457 | -24 | -1,469 |
Net Debt Issued (Repaid) | -2,073 | -6,676 | 7,664 | -2,341 | 838 | 2,411 | -1,287 | 423 | 1,110 | -203 | 802 | -92 | -488 | 1,323 | 1,265 | -473 | -476 | -1,457 | -24 | -476 |
Issuance of Common Stock | 54 | 17 | 84 | 14 | 68 | 2 | 23 | 4 | 18 | 14 | 50 | 20 | 91 | 2 | 10 | 36 | - | 44 | 23 | 2 |
Repurchase of Common Stock | -2,273 | -379 | -269 | -274 | -267 | -419 | -247 | -647 | -800 | -840 | -1,164 | -1,153 | -752 | -1,309 | -800 | -753 | -694 | -66 | - | - |
Common Dividends Paid | -504 | -508 | -509 | -482 | -484 | -487 | -469 | -472 | -477 | -485 | -448 | -457 | -465 | -474 | -486 | -456 | -466 | -467 | -404 | -403 |
Other Financing Activities | -60 | -1 | -50 | -43 | -43 | 19 | -69 | -32 | -43 | -29 | -86 | -143 | -43 | -4,035 | -106 | -596 | -21 | -31 | -107 | -101 |
Financing Cash Flow | -4,856 | -7,547 | 6,920 | -3,126 | 112 | 1,526 | -2,049 | -724 | -192 | -1,543 | -846 | -1,825 | -1,657 | -4,493 | -117 | -2,242 | -1,657 | -1,977 | -512 | -978 |
Net Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 10 | -25 | -16 | 7 | 3 | 18 | 22 | -28 | 33 | -7 | -6 | 27 | -33 | 34 | 15 | 113 | -15 | -41 | -8 | -15 |
Net Cash Flow | 1,749 | -1,051 | 4,034 | -834 | 806 | -345 | -249 | 101 | -807 | 874 | -1,753 | -216 | 510 | -3,936 | 832 | 2,389 | 935 | -526 | 188 | 250 |
Free Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 6,601 | 6,533 | -2,846 | 2,070 | 637 | 258 | -236 | 692 | 774 | 1,730 | -864 | 1,556 | 2,093 | 404 | 821 | 4,037 | 2,409 | 1,407 | 766 | 1,203 |
Free Cash Flow Growth (YoY) | 936.26% | 2432.17% | - | 199.13% | -17.70% | -85.09% | - | -55.53% | -63.02% | 328.22% | - | -61.46% | -13.12% | -71.29% | 7.18% | 235.58% | 45.91% | 3.23% | - | 804.51% |
Free Cash Flow Margin | 12.82% | 12.81% | -8.75% | 6.07% | 1.85% | 0.77% | -0.78% | 2.05% | 2.18% | 4.54% | -2.41% | 4.07% | 5.28% | 1.15% | 2.39% | 10.02% | 5.36% | 2.90% | 2.12% | 3.69% |
Free Cash Flow Per Share | 16.55 | 16.23 | -7.06 | 5.11 | 1.57 | 0.63 | -0.57 | 1.68 | 1.85 | 4.06 | -2.00 | 3.53 | 4.68 | 0.89 | 1.76 | 8.51 | 4.99 | 2.90 | 1.70 | 2.72 |
Levered Free Cash Flow | - | 5,320 | -2,135 | 891.25 | 91.25 | -360.38 | 261 | -207.56 | 187.81 | 1,432 | -965.63 | 1,027 | 1,476 | 54 | 249 | 3,176 | 1,730 | -81.75 | 351.5 | 601.88 |
Unlevered Free Cash Flow | - | 5,516 | -1,956 | 1,076 | 253.13 | -195.38 | 399.13 | -70.06 | 330.94 | 1,576 | -825 | 1,197 | 1,615 | 220.25 | 369 | 3,297 | 1,829 | 1.38 | 435.88 | 690 |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | - | - | - | 972 | - | - | - | 901 | - | - | - | 816 | - | - | - | 572 | - | - | - | 549 |
Cash Income Tax Paid | - | - | - | 200 | - | - | - | 1,186 | - | - | - | 1,397 | - | - | - | 2,071 | - | - | - | - |
Change in Working Capital | 1,096 | 2,942 | -2,963 | 708 | -742 | -1,075 | -72 | 297 | -381 | 916 | -1,447 | 207 | 286 | -1,045 | -1,263 | 2,109 | -101 | -1,825 | -115 | 412 |