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PSX (Phillips 66) Cash Flow from Operations : $4,614 Mil (TTM As of Mar. 2025)


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What is Phillips 66 Cash Flow from Operations?

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Mar. 2025, Phillips 66's Net Income From Continuing Operations was $526 Mil. Its Depreciation, Depletion and Amortization was $791 Mil. Its Change In Working Capital was $-72 Mil. Its cash flow from deferred tax was $-133 Mil. Its Cash from Discontinued Operating Activities was $0 Mil. Its Asset Impairment Charge was $26 Mil. Its Stock Based Compensation was $0 Mil. And its Cash Flow from Others was $-951 Mil. In all, Phillips 66's Cash Flow from Operations for the three months ended in Mar. 2025 was $187 Mil.


Phillips 66 Cash Flow from Operations Historical Data

The historical data trend for Phillips 66's Cash Flow from Operations can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Phillips 66 Cash Flow from Operations Chart

Phillips 66 Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cash Flow from Operations
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,111.00 6,017.00 10,813.00 7,029.00 4,191.00

Phillips 66 Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cash Flow from Operations Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -236.00 2,097.00 1,132.00 1,198.00 187.00

Phillips 66 Cash Flow from Operations Calculation

Cash flow from operations refers to the cash brought in through a company's normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Phillips 66's Cash Flow from Operations for the fiscal year that ended in Dec. 2024 is calculated as:

Phillips 66's Cash Flow from Operations for the quarter that ended in Mar. 2025 is:


Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $4,614 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Phillips 66  (NYSE:PSX) Cash Flow from Operations Explanation

For companies reported in indirect method, cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Phillips 66's net income from continuing operations for the three months ended in Mar. 2025 was $526 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
The term depreciation is used when discussing man made tangible assets
The term depletion is used when discussing natural tangible assets
The term amortization is used when discussing intangible assets

Phillips 66's depreciation, depletion and amortization for the three months ended in Mar. 2025 was $791 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Phillips 66's change in working capital for the three months ended in Mar. 2025 was $-72 Mil. It means Phillips 66's working capital declined by $72 Mil from Dec. 2024 to Mar. 2025 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Phillips 66's cash flow from deferred tax for the three months ended in Mar. 2025 was $-133 Mil.

5. Cash from Discontinued Operating Activities:
Net cash from all of the entity's discontinued operating activities.

Phillips 66's cash from discontinued operating Activities for the three months ended in Mar. 2025 was $0 Mil.

6. Asset Impairment Charge:
It is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Phillips 66's asset impairment charge for the three months ended in Mar. 2025 was $26 Mil.

7. Stock Based Compensation:
It is a way corporations use stock options to reward employees. It provides executives and employees the opportunity to share in the growth of the company and, if structured properly, can align their interests with the interests of the company's shareholders and investors, without burning the company's cash on hand.

Phillips 66's stock based compensation for the three months ended in Mar. 2025 was $0 Mil.

8. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Phillips 66's cash flow from others for the three months ended in Mar. 2025 was $-951 Mil.


Phillips 66 Cash Flow from Operations Related Terms

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Phillips 66 Business Description

Industry
Traded in Other Exchanges
Address
2331 CityWest Boulevard, Houston, TX, USA, 77042
Phillips 66 is an independent refiner that owns or holds interest in 11 refineries with a total crude throughput capacity of 1.8 million barrels per day, or mmb/d, at the end of 2024. The midstream segment comprises extensive transportation and NGL processing assets. It includes 70,000 miles of crude oil, refined petroleum product, NGL and natural gas pipeline systems, and a comprehensive set of refined petroleum product, NGL and crude oil terminals, gathering and processing plants and fractionation facilities and various other storage and loading facilities. Its CPChem chemical joint venture operates facilities primarily in the United States and the Middle East and produces olefins and polyolefins.
Executives
Kevin J Mitchell officer: Exec. VP, Finance and CFO 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Timothy D. Roberts officer: Executive Vice President C/O PHILLIPS 66 PARTNERS LP, 3010 BRIARPARK DRIVE, HOUSTON TX 77042
Joseph Scott Pruitt officer: Vice President and Controller 2331 CITYWEST BLVD., HOUSTON TX 77042
Richard G Harbison officer: Senior VP, Refining 2331 CITYWEST BLVD., HOUSTON TX 77042
Zhanna Golodryga officer: Executive Vice President PO BOX 10247, BIRMINGHAM AL 35202-0247
Vanessa Allen Sutherland officer: EVP, GC and Secretary 650 W PEACHTREE ST NW, ATLANTA GA 30308
Greg C. Garland officer: Chairman, Pres. and CEO-Desig 2331 CITYWEST BLVD., HOUSTON TX 77042
Brian Mandell officer: Senior Vice President 370 17TH STREET, SUITE 2500, DENVER CO 80202
Gregory Hayes director 870 WINTER STREET, WALTHAM MA 02451
Paula Ann Johnson officer: SVP, Gen Counsel & Sec (Desig) 600 N. DAIRY ASHFORD, HOUSTON TX 77079
Robert A Herman officer: Executive Vice President 3010 BRIARPARK DRIVE, 9TH FLOOR, HOUSTON TX 77042
Douglas T Terreson director 2331 CITYWEST BLVD., HOUSTON TX 77042
Denise R Singleton director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Mark E Lashier officer: President and COO 2331 CITYWEST BLVD., HOUSTON TX 77042
Charles M Holley director