Free Cash Flow for Phillips 66 (PSX)
Free Cash Flow for Phillips 66 (PSX): headline value $2.73B · YoY +17.0%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
PSX
Currently viewingFree Cash FlowSwitch metric
Latest period
$2.73B
YoY change
+17.0%
5Y CAGR
N/A
Peak year (2022)
$8.62B
Latest annual
$2.73B
Free Cash Flow history chart for Phillips 66 (PSX) from 2009 to 2025
Free Cash Flow history table for Phillips 66 (PSX) from 2009 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $2.73B | +17.0% | ||
| 2024 | $2.33B | -49.4% | ||
| 2023 | $4.61B | -46.5% | ||
| 2022 | $8.62B | +107.3% | ||
| 2021 | $4.16B | -613.8% | ||
| 2020 | -$809.00M | -186.5% | ||
| 2019 | $935.00M | -81.0% | ||
| 2018 | $4.93B | +171.7% | ||
| 2017 | $1.82B | +1426.1% | ||
| 2016 | $119.00M | -333.3% | ||
| 2015 | -$51.00M | -79.1% | ||
| 2014 | -$244.00M | -105.7% | ||
| 2013 | $4.25B | +65.0% | ||
| 2012 | $2.58B | -35.4% | ||
| 2011 | $3.98B | +322.9% | ||
| 2010 | $942.00M | -162.2% | ||
| 2009 | -$1.51B | — |
Free Cash Flow values are taken from Phillips 66's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
Phillips 66 (PSX) most recent annual free cash flow stands at $2.73B (2025) – grew 17.0% year-over-year.
Phillips 66 free cash flow peaked at $8.62B in 2022; the latest annual figure is $2.73B in 2025 (68.3% below peak).
$8.62B stands as the all-time-high annual free cash flow, posted in 2022, against a low of -$1.51B during 2009.
Within Energy, Phillips 66 (PSX) ranks 8th among 8 peers we track. The peer median for free cash flow is $4.91B.
Phillips 66 Free Cash Flow by Year
Phillips 66 Free Cash Flow 2025: $2.73B
Phillips 66 free cash flow in 2025 was $2.73B, grew 17.0% from 2024.
Phillips 66 Free Cash Flow 2024: $2.33B
Phillips 66 free cash flow in 2024 was $2.33B, plunged 49.4% below 2023.
Phillips 66 Free Cash Flow 2023: $4.61B
Phillips 66 free cash flow in 2023 was $4.61B, plunged 46.5% below 2022.
Phillips 66 Free Cash Flow 2022: $8.62B
Phillips 66 free cash flow in 2022 was $8.62B, surged 107.3% from 2021. This figure represents the highest annual value in the available history.
Phillips 66 Free Cash Flow 2021: $4.16B
Phillips 66 free cash flow in 2021 was $4.16B.
See more financial history for Phillips 66 (PSX).
Sector peers — Free Cash Flow
Companies in the same sector as Phillips 66, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $23.61B | Energy |
| ConocoPhillips (COP) | $16.77B | Energy |
| Chevron Corporation (CVX) | $16.59B | Energy |
| Valero Energy Corporation (VLO) | $5.03B | Energy |
| SLB N.V. (SLB) | $4.79B | Energy |
| EOG Resources, Inc. (EOG) | $3.93B | Energy |
| Enbridge Inc. (ENB) | $3.30B | Energy |
| The Williams Companies, Inc. (WMB) | $1.00B | Energy |
Frequently asked questions
What is Phillips 66's free cash flow?
Latest reported free cash flow for Phillips 66 (PSX) is $2.73B (period ending December 31, 2025).
How has Phillips 66 free cash flow changed year-over-year?
Phillips 66 (PSX) free cash flow changed +17.0% year-over-year on the latest annual filing.
When did Phillips 66 free cash flow hit its highest annual value?
Phillips 66 free cash flow reached its highest annual value of $8.62B in 2022.
What was Phillips 66 free cash flow in 2024?
Phillips 66 (PSX) free cash flow in 2024 was $2.33B.
What was Phillips 66 free cash flow in 2025?
Phillips 66 (PSX) free cash flow in 2025 was $2.73B.
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