Phillips 66
PSX Energy Oil & Gas Refining & Marketing
Phillips 66’s revenue for fiscal 2025 (year ended December 2025) was $132.4 billion, down 7.53% from fiscal 2024.
- Revenue
- +46.4%
- EPS
- +4,338.6%
- Free cash flow
- +936.3%
- Total debt
- −14.8%
Quarter to September 2026, against a year earlier
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Phillips 66 (PSX) Free cash flow margin
Phillips 66's free cash flow margin over the twelve months to 30 September 2026 was 7.35%, up 5.3 percentage points from fiscal 2025 (2.06%). Over the past ten years it has ranged from −1.26% (fiscal 2020) to 5.25% (fiscal 2022); the current reading is higher than 64% of that period. That is above the Oil & Gas Refining & Marketing industry median of 6.17% and above the Energy sector median of 6.87%.
Free cash flow margin, annual
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Annual newest first
| Period | Free cash flow margin | Change (points) |
|---|---|---|
| FY2025 | 2.06% | 0.43 |
| FY2024 | 1.63% | (1.68) |
| FY2023 | 3.31% | (1.94) |
| FY2022 | 5.25% | 1.52 |
| FY2021 | 3.73% | 4.99 |
| FY2020 | −1.26% | (2.13) |
| FY2019 | 0.87% | (3.56) |
| FY2018 | 4.43% | 2.66 |
| FY2017 | 1.77% | 1.63 |
| FY2016 | 0.14% | 0.19 |
Against its own ten years
Free cash flow margin against peers
| Company | Free cash flow margin |
|---|---|
| MPC Marathon Petroleum Corporation compare | 12.5% |
| VLO Valero Energy Corporation compare | 9.19% |
| DINO HF Sinclair Corporation compare | 9.19% |
| CVI CVR Energy Inc. compare | 8.45% |
| PSX Phillips 66 | 7.35% |
| PBF PBF Energy Inc. compare | 6.76% |
| DK Delek US Holdings, Inc. compare | 5.58% |
| UGP Ultrapar Participacoes S.A. compare | 5.52% |
| SUN Sunoco LP compare | 5.12% |
| Oil & Gas Refining & Marketing industry median | 6.17% |
| Energy sector median | 6.87% |
| Market median | 0.00% |
What Free cash flow margin is
Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.
(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue
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- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
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- Piotroski F-score
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