Phillips 66 (PSX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Phillips 66 (PSX) has a cash flow conversion efficiency ratio of 0.042x as of September 2025. 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 ($1.18 Billion) by net assets ($28.08 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Phillips 66 - Cash Flow Conversion Efficiency Trend (2009–2024)
This chart illustrates how Phillips 66's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read PSX liabilities breakdown for a breakdown of total debt and financial obligations.
Phillips 66 Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Phillips 66 ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Macquarie Group Ltd
AU:MQG
|
-0.338x |
|
Barrick Mining Corporation
NYSE:B
|
0.071x |
|
OVERSEA-CHIN.UNSP.ADR/2
F:OCBB
|
N/A |
|
Transdigm Group Incorporated
NYSE:TDG
|
-0.090x |
|
Manulife Financial Corp
TO:MFC
|
0.164x |
|
Atlas Copco A ADR
F:ACO
|
0.076x |
|
Truist Financial Corp
NYSE:TFC
|
0.023x |
|
Barrick Gold Corp
TO:ABX
|
0.080x |
Annual Cash Flow Conversion Efficiency for Phillips 66 (2009–2024)
The table below shows the annual cash flow conversion efficiency of Phillips 66 from 2009 to 2024. For the full company profile with market capitalisation and key ratios, see Phillips 66 (PSX) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 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 processing services, as well as natur… Read more