Phillips 66 Cash Flow Conversion Efficiency
Phillips 66 cash flow conversion efficiency. Based on the latest financial reports, Phillips 66 (PSX) has a cash flow conversion efficiency ratio of 0.222x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($7.26 Billion) by net assets ($32.70 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Phillips 66 (2009–2025)
Cash flow conversion efficiency of Phillips 66 from 2009 to 2025. This chart illustrates how Phillips 66's cash flow conversion efficiency has evolved over time, based on yearly financial data. View PSX stock price for real-time trading data and today's change.
Phillips 66 Cash Flow Conversion Ratio Explained
Phillips 66 cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Phillips 66 Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Phillips 66 ranked by their cash flow conversion efficiency. Also see Phillips 66 (PSX) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Equinor ASA
F:DNQA
|
0.220x |
|
Barclays PLC
MX:BCSN
|
N/A |
|
Suncor Energy Inc
TO:SU
|
0.117x |
|
Medtronic PLC
XETRA:2M6
|
0.051x |
|
AMERICA MOVIL SAB DE CV
MX:AMXB
|
0.196x |
|
Freeport-McMoran Copper & Gold Inc
NYSE:FCX
|
0.064x |
|
China Petroleum & Chemical Corp Class A
SHG:600028
|
0.054x |
|
Postal Savings Bank of China Co Ltd
SHG:601658
|
0.009x |
Annual Cash Flow Conversion Efficiency for Phillips 66 (2009–2025)
The table below shows the annual cash flow conversion efficiency of Phillips 66 from 2009 to 2025. Review PSX free cash flow generation to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $30.24 Billion | $4.96 Billion | 0.164x | +11.44% |
| 2024-12-31 | $28.46 Billion | $4.19 Billion | 0.147x | -33.70% |
| 2023-12-31 | $31.65 Billion | $7.03 Billion | 0.222x | -29.95% |
| 2022-12-31 | $34.11 Billion | $10.81 Billion | 0.317x | +14.01% |
| 2021-12-31 | $21.64 Billion | $6.02 Billion | 0.278x | +183.53% |
| 2020-12-31 | $21.52 Billion | $2.11 Billion | 0.098x | -44.58% |
| 2019-12-31 | $27.17 Billion | $4.81 Billion | 0.177x | -36.55% |
| 2018-12-31 | $27.15 Billion | $7.57 Billion | 0.279x | +109.70% |
| 2017-12-31 | $27.43 Billion | $3.65 Billion | 0.133x | +6.50% |
| 2016-12-31 | $23.73 Billion | $2.96 Billion | 0.125x | -47.67% |
| 2015-12-31 | $23.94 Billion | $5.71 Billion | 0.239x | +49.03% |
| 2014-12-31 | $22.04 Billion | $3.53 Billion | 0.160x | -40.50% |
| 2013-12-31 | $22.39 Billion | $6.03 Billion | 0.269x | +30.36% |
| 2012-12-31 | $20.81 Billion | $4.30 Billion | 0.206x | -3.93% |
| 2011-12-31 | $23.29 Billion | $5.01 Billion | 0.215x | +167.37% |
| 2010-12-31 | $26.03 Billion | $2.09 Billion | 0.080x | +128.91% |
| 2009-12-31 | $26.94 Billion | $946.00 Million | 0.035x | -- |
About Phillips 66
Phillips 66 operates as an integrated downstream energy provider in the United States, the United Kingdom, Germany, and internationally. It operates through five segments: Midstream, Chemicals, Refining, Marketing and Specialties (M&S), and Renewable Fuels. The Midstream segment provides crude oil and refined petroleum product transportation, terminaling, and storage services, as well as natural … Read more