Phillips 66 (PSX) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Phillips 66 (PSX) has a cash flow conversion efficiency ratio of -0.076x as of March 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 ($-2.26 Billion) by net assets ($29.68 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Phillips 66 (PSX) net asset quality to measure how much of total assets are equity-financed.
Phillips 66 - Cash Flow Conversion Efficiency Trend (2009–2025)
This chart illustrates how Phillips 66's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Phillips 66 earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
America Movil SAB de CV ADR
NYSE:AMX
|
0.184x |
|
Wesfarmers Ltd
AU:WES
|
0.317x |
|
ING Groep N.V
F:INNA
|
N/A |
|
Atlas Copco AB Series A
ST:ATCO-A
|
0.047x |
|
Petróleo Brasileiro S.A. - Petrobras
SA:PETR3
|
0.092x |
|
China Telecom Corp Ltd
SHG:601728
|
0.087x |
|
Ecolab Inc
NYSE:ECL
|
0.044x |
|
Vinci S.A.
PA:DG
|
0.276x |
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. For the full company profile with market capitalisation and key ratios, see Phillips 66 stock valuation.
| 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