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Q4 FY2026 · Earnings report
EPS estimate 11.23Revenue estimate 47.15B
Q4 FY2026 · Earnings report
EPS estimate 11.23Revenue estimate 47.15B
Phillips 66 total debt 2009–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Phillips 66's total debt was 18.53B USD on 30 September 2026, down 14.8% on a year before. At the end of fiscal year 2025 it was 22.88B USD.
Last updated 7 Nov 2026 · Next report 3 Feb 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 18.53B | -14.82% | 5.85B | -12.68B | 0.54 |
| FY2025 | 31 Dec 2025 | 22.88B | +14.06% | 1.12B | -21.77B | 0.79 |
| FY2024 | 31 Dec 2024 | 20.06B | +3.63% | 1.74B | -18.32B | 0.73 |
| FY2023 | 31 Dec 2023 | 19.36B | +12.62% | 3.32B | -16.04B | 0.63 |
| FY2022 | 31 Dec 2022 | 17.19B | +16.64% | 6.13B | -11.06B | 0.58 |
| FY2021 | 31 Dec 2021 | 14.74B | -8.78% | 3.15B | -11.59B | 0.77 |
| FY2020 | 31 Dec 2020 | 16.16B | +34.19% | 2.51B | -13.64B | 0.85 |
| FY2019 | 31 Dec 2019 | 12.04B | +7.89% | 1.61B | -10.43B | 0.48 |
| FY2018 | 31 Dec 2018 | 11.16B | +10.39% | 3.02B | -8.14B | 0.45 |
| FY2017 | 31 Dec 2017 | 10.11B | -0.28% | 3.12B | -6.99B | 0.40 |
| FY2016 | 31 Dec 2016 | 10.14B | +14.08% | 2.71B | -7.43B | 0.45 |
| FY2015 | 31 Dec 2015 | 8.89B | +2.34% | 3.07B | -5.81B | 0.38 |
| FY2014 | 31 Dec 2014 | 8.68B | +41.09% | 5.21B | -3.48B | 0.40 |
| FY2013 | 31 Dec 2013 | 6.16B | -11.74% | 5.40B | -755.00M | 0.28 |
| FY2012 | 31 Dec 2012 | 6.97B | +1,683.63% | 3.47B | -3.50B | 0.34 |
| FY2011 | 31 Dec 2011 | 391.00M | -6.24% | 0.00 | -391.00M | 0.02 |
| FY2010 | 31 Dec 2010 | 417.00M | -2.57% | 0.00 | -417.00M | 0.02 |
| FY2009 | 31 Dec 2009 | 428.00M | — | 0.00 | -428.00M | 0.02 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 18.53B | -14.82% | 5.85B | -12.68B | 0.54 |
| Q2 FY2026 | 30 Jun 2026 | 20.57B | -1.77% | 4.10B | -16.47B | 0.65 |
| Q1 FY2026 | 31 Mar 2026 | 27.12B | +44.25% | 5.15B | -21.97B | 0.95 |
| Q4 FY2025 | 31 Dec 2025 | 22.88B | +14.06% | 1.12B | -21.77B | 0.79 |
| Q3 FY2025 | 30 Sept 2025 | 21.76B | +8.79% | 1.85B | -19.91B | 0.81 |
| Q2 FY2025 | 30 Jun 2025 | 20.94B | +4.88% | 1.05B | -19.88B | 0.76 |
| Q1 FY2025 | 31 Mar 2025 | 18.80B | -6.70% | 1.49B | -17.31B | 0.69 |
| Q4 FY2024 | 31 Dec 2024 | 20.06B | +3.63% | 1.74B | -18.32B | 0.73 |
| Q3 FY2024 | 30 Sept 2024 | 20.00B | +2.85% | 1.64B | -18.36B | 0.70 |
| Q2 FY2024 | 30 Jun 2024 | 19.96B | +0.47% | 2.44B | -17.52B | 0.68 |
| Q1 FY2024 | 31 Mar 2024 | 20.15B | +9.03% | 1.57B | -18.58B | 0.68 |
| Q4 FY2023 | 31 Dec 2023 | 19.36B | +12.62% | 3.32B | -16.04B | 0.63 |
| Q3 FY2023 | 30 Sept 2023 | 19.44B | +10.12% | 3.54B | -15.91B | 0.63 |
| Q2 FY2023 | 30 Jun 2023 | 19.87B | +53.18% | 3.03B | -16.84B | 0.66 |
| Q1 FY2023 | 31 Mar 2023 | 18.49B | +28.07% | 6.97B | -11.52B | 0.61 |
| Q4 FY2022 | 31 Dec 2022 | 17.19B | +16.64% | 6.13B | -11.06B | 0.58 |
| Q3 FY2022 | 30 Sept 2022 | 17.66B | +18.42% | 3.74B | -13.91B | 0.63 |
| Q2 FY2022 | 30 Jun 2022 | 12.97B | -15.86% | 2.81B | -10.16B | 0.53 |
| Q1 FY2022 | 31 Mar 2022 | 14.43B | -6.41% | 3.34B | -11.10B | 0.66 |
| Q4 FY2021 | 31 Dec 2021 | 14.74B | -8.78% | 3.15B | -11.59B | 0.77 |
| Q3 FY2021 | 30 Sept 2021 | 14.91B | +2.64% | 2.90B | -12.01B | 0.82 |
| Q2 FY2021 | 30 Jun 2021 | 15.41B | +6.69% | 2.21B | -13.21B | 0.85 |
| Q1 FY2021 | 31 Mar 2021 | 15.42B | +18.97% | 1.35B | -14.07B | 0.86 |
| Q4 FY2020 | 31 Dec 2020 | 16.16B | +34.19% | 2.51B | -13.64B | 0.85 |
| Q3 FY2020 | 30 Sept 2020 | 14.53B | +21.81% | 1.46B | -13.06B | 0.74 |
| Q2 FY2020 | 30 Jun 2020 | 14.45B | +26.29% | 1.89B | -12.56B | 0.70 |
| Q1 FY2020 | 31 Mar 2020 | 12.96B | +14.74% | 1.22B | -11.74B | 0.61 |
| Q4 FY2019 | 31 Dec 2019 | 12.04B | +7.89% | 1.61B | -10.43B | 0.48 |
| Q3 FY2019 | 30 Sept 2019 | 11.93B | +5.19% | 2.27B | -9.66B | 0.48 |
| Q2 FY2019 | 30 Jun 2019 | 11.44B | +0.66% | 1.82B | -9.62B | 0.46 |
| Q1 FY2019 | 31 Mar 2019 | 11.30B | -2.78% | 1.25B | -10.05B | 0.47 |
| Q4 FY2018 | 31 Dec 2018 | 11.16B | +10.39% | 3.02B | -8.14B | 0.45 |
| Q3 FY2018 | 30 Sept 2018 | 11.34B | +11.14% | 924.00M | -10.41B | 0.49 |
| Q2 FY2018 | 30 Jun 2018 | 11.36B | +14.04% | 1.88B | -9.48B | 0.50 |
| Q1 FY2018 | 31 Mar 2018 | 11.62B | +13.82% | 842.00M | -10.78B | 0.53 |
| Q4 FY2017 | 31 Dec 2017 | 10.11B | -0.28% | 3.12B | -6.99B | 0.40 |
| Q3 FY2017 | 30 Sept 2017 | 10.20B | +15.16% | 1.55B | -8.65B | 0.45 |
| Q2 FY2017 | 30 Jun 2017 | 9.97B | +12.45% | 2.16B | -7.80B | 0.45 |
| Q1 FY2017 | 31 Mar 2017 | 10.21B | +15.56% | 1.51B | -8.70B | 0.46 |
| Q4 FY2016 | 31 Dec 2016 | 10.14B | +14.08% | 2.71B | -7.43B | 0.45 |
| Q3 FY2016 | 30 Sept 2016 | 8.86B | -1.04% | 2.34B | -6.52B | 0.39 |
| Q2 FY2016 | 30 Jun 2016 | 8.86B | -1.15% | 2.23B | -6.63B | 0.39 |
| Q1 FY2016 | 31 Mar 2016 | 8.84B | -1.27% | 1.72B | -7.11B | 0.39 |
| Q4 FY2015 | 31 Dec 2015 | 8.89B | +2.34% | 3.07B | -5.81B | 0.38 |
| Q3 FY2015 | 30 Sept 2015 | 8.95B | +44.07% | 4.82B | -4.13B | 0.39 |
| Q2 FY2015 | 30 Jun 2015 | 8.97B | +44.32% | 5.09B | -3.88B | 0.40 |
| Q1 FY2015 | 31 Mar 2015 | 8.95B | +43.94% | 5.39B | -3.56B | 0.41 |
| Q4 FY2014 | 31 Dec 2014 | 8.68B | +41.09% | 5.21B | -3.48B | 0.40 |
| Q3 FY2014 | 30 Sept 2014 | 6.21B | +0.93% | 3.11B | -3.11B | 0.29 |
| Q2 FY2014 | 30 Jun 2014 | 6.21B | -3.97% | 4.96B | -1.26B | 0.29 |
| Q1 FY2014 | 31 Mar 2014 | 6.22B | -10.82% | 5.33B | -891.00M | 0.29 |
| Q4 FY2013 | 31 Dec 2013 | 6.16B | -11.74% | 5.40B | -755.00M | 0.28 |
| Q3 FY2013 | 30 Sept 2013 | 6.16B | -22.84% | 5.94B | -214.00M | 0.29 |
| Q2 FY2013 | 30 Jun 2013 | 6.47B | -19.00% | 4.22B | -2.25B | 0.30 |
| Q1 FY2013 | 31 Mar 2013 | 6.97B | +12.84% | 4.75B | -2.22B | 0.33 |
| Q4 FY2012 | 31 Dec 2012 | 6.97B | +1,683.63% | 3.47B | -3.50B | 0.34 |
| Q3 FY2012 | 30 Sept 2012 | 7.98B | +1,909.57% | 4.43B | -3.55B | 0.39 |
| Q2 FY2012 | 30 Jun 2012 | 7.99B | — | 3.10B | -4.88B | 0.42 |
| Q1 FY2012 | 31 Mar 2012 | 6.18B | — | 0.00 | -6.18B | 0.25 |
| Q4 FY2011 | 31 Dec 2011 | 391.00M | -6.24% | 0.00 | -391.00M | 0.02 |
| Q3 FY2011 | 30 Sept 2011 | 397.00M | — | 0.00 | -397.00M | 0.02 |
| Q4 FY2010 | 31 Dec 2010 | 417.00M | — | 0.00 | -417.00M | 0.02 |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about Phillips 66's debt
Source: Financial Modeling PrepVerified against SEC filings