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) Price to free cash flow
As of 5 November 2026, Phillips 66 (PSX) trades at a price to free cash flow of 8.0×. Over the past ten years it has ranged from 0.0× (June 2021) to 624× (June 2026); the current reading is higher than 34% of that period. That is above the Oil & Gas Refining & Marketing industry median of 5.9× and below the Energy sector median of 8.9×.
Price to free cash flow, daily
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Annual newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| FY2025 | 19.2× | (6.48%) |
| FY2024 | 20.5× | 65.51% |
| FY2023 | 12.4× | 132.37% |
| FY2022 | 5.3× | (30.41%) |
| FY2021 | 7.7× | — |
| FY2020 | 0.0× | — |
| FY2019 | 53.8× | 554.38% |
| FY2018 | 8.2× | (71.52%) |
| FY2017 | 28.9× | (92.50%) |
| FY2016 | 385× | — |
Quarterly newest first
| Period | Price to free cash flow | Change |
|---|---|---|
| Sep 2026 | 8.2× | (22.63%) |
| Jun 2026 | 10.6× | (98.28%) |
| Mar 2026 | 615× | 3,105.99% |
| Dec 2025 | 19.2× | (52.86%) |
| 43 more quarters | Free account |
Against its own ten years
Price to free cash flow against peers
| Company | Price to free cash flow |
|---|---|
| PBF PBF Energy Inc. compare | 3.2× |
| UGP Ultrapar Participacoes S.A. compare | 4.1× |
| SUN Sunoco LP compare | 4.3× |
| MPC Marathon Petroleum Corporation compare | 4.8× |
| CVI CVR Energy Inc. compare | 4.8× |
| DINO HF Sinclair Corporation compare | 5.4× |
| DK Delek US Holdings, Inc. compare | 5.7× |
| VLO Valero Energy Corporation compare | 7.1× |
| PSX Phillips 66 | 8.0× |
| Oil & Gas Refining & Marketing industry median | 5.9× |
| Energy sector median | 8.9× |
| Market median | 14.1× |
What Price to free cash flow is
Price to Free Cash Flow Ratio shows how much investors pay for each dollar of cash a company generates after its capital spending.
Stock Price ÷ ((Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM)) ÷ (Shares (Basic, Weighted) (latest quarter)))
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