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Phillips 66(PSX)

F

Financial data as of Dec 31, 2024Declining · Energy

FCF Margin1.6%Free Cash Flow / Revenue
Cash Conversion198.0%Operating CF / Net Income
Free Cash Flow$2.3B
Revenue$143.2B
Net Cash-$18.3BNet debt position
Debt / FCF8.6xElevated debt burden
Current Ratio1.19Adequate short-term liquidity
YoY FCF Growth-17.7%4 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseF
→
-1High debt-to-FCF ratio (8.6x)
→
-0.5FCF trend declining (-17.7% YoY)
→
-0.5Highly volatile FCF (consistency: 0.88)
→
FinalF

Analysis Summary

Strengths

  • Excellent cash conversion (198%)

Concerns

  • Low FCF margin (1.6%)
  • Heavy debt position ($18.3B)
  • High debt-to-FCF ratio (8.6x)
  • Highly volatile quarterly FCF
  • Significant FCF decline (-17.7% YoY)

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin1.6%
Net Margin1.5%
Operating CF Margin2.9%
CapEx Ratio1.3%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$18.3BNet debt position
Debt / FCF8.6xElevated debt burden
Current Ratio1.19Adequate liquidity
Debt / Equity0.73Low leverage

Quarterly FCF Trend

-17.7% YoYDeclining (-17.7%)

Free cash flow per quarter

Sector Comparison — Energy

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NamePhillips 66
SectorEnergy
Free Cash Flow$2.3B
Revenue$143.2B
Net Income$2.1B
Operating Cash Flow$4.2B
Capital Expenditure$1.9B
FCF Margin1.6%
Cash Conversion Rate198.0%
Net Margin1.5%
Total Debt$20.1B
Total Cash$1.7B
Net Cash-$18.3B
Current Ratio1.19
Debt / Equity0.73
Debt / FCF8.6x
YoY FCF Growth-17.7%
Positive Quarters4 of 5
Trend DirectionDeclining
Report DateDec 31, 2024
GradeF
Data SourceYahoo Finance