Phillips 66 (MIL:1PSX) Effective Interest Rate on Debt % : 4.72% (As of Mar. 2025)

View and export this data going back to 2023. Start your Free Trial

What is Phillips 66 Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. Phillips 66's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was €862 Mil. Phillips 66's average total debt for the quarter that ended in Mar. 2025 was €18,276 Mil. Therefore, Phillips 66's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 4.72%.

Phillips 66 Effective Interest Rate on Debt % Historical Data

The historical data trend for Phillips 66's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

Phillips 66 Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Effective Interest Rate on Debt %

Get a 7-Day Free Trial

3.62

4.14

4.18

5.00

4.90

Phillips 66 Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Effective Interest Rate on Debt %	Get a 7-Day Free Trial															4.79	4.83	4.67	4.79	4.72

Competitive Comparison of Phillips 66's Effective Interest Rate on Debt %

For the Oil & Gas Refining & Marketing subindustry, Phillips 66's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Phillips 66's Effective Interest Rate on Debt % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Phillips 66's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where Phillips 66's Effective Interest Rate on Debt % falls into.

Save Embed

;

Save Embed

;

Phillips 66 Effective Interest Rate on Debt % Calculation

Phillips 66's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (A: Dec. 2023 )	+	Total Debt (A: Dec. 2024 ))	/ count )
=	-1 * -904.385	/	( (17752.203	+	19159.21)	/ 2 )
=	-1 * -904.385	/	18455.7065
=	4.90 %

where

	Total Debt (A: Dec. 2023 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16393.209	+	1358.994
=	17752.203

	Total Debt (A: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17410.605	+	1748.605
=	19159.21

Phillips 66's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

	Effective Interest Rate on Debt %
=	-1 * Interest Expense	/	( (Total Debt (Q: Dec. 2024 )	+	Total Debt (Q: Mar. 2025 ))	/ count )
=	-1 * -862.1	/	( (19159.21	+	17392.775)	/ 2 )
=	-1 * -862.1	/	18275.9925
=	4.72 %

where

	Total Debt (Q: Dec. 2024 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	17410.605	+	1748.605
=	19159.21

	Total Debt (Q: Mar. 2025 )
=	Long-Term Debt & Capital Lease Obligation	+	Short-Term Debt & Capital Lease Obligation
=	16411.35	+	981.425
=	17392.775

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.

Phillips 66 (MIL:1PSX) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.

Phillips 66 Effective Interest Rate on Debt % Related Terms

Thank you for viewing the detailed overview of Phillips 66's Effective Interest Rate on Debt % provided by GuruFocus.com. Please click on the following links to see related term pages.

Phillips 66 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Phillips 66 (MIL:1PSX) » Definitions » Effective Interest Rate on Debt %

Comparable Companies

Traded in Other Exchanges

PSX:USA 0KHZ:UK R66:Germany R66:Germany R66:Germany R66:Germany P1SX34:Brazil

Address

2331 CityWest Boulevard, Houston, TX, USA, 77042

Website

https://www.phillips66.com

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.

Phillips 66 Headlines

No Headlines