Phillips Free Cash Flow from 2010 to 2024

PSX Stock  USD 154.41  2.84  1.81%   
Phillips Free Cash Flow yearly trend continues to be fairly stable with very little volatility. Free Cash Flow will likely drop to about 2.5 B in 2024. Free Cash Flow is the amount of cash Phillips 66 generates after accounting for cash outflows to support operations and maintain its capital assets. View All Fundamentals
 
Free Cash Flow  
First Reported
2010-12-31
Previous Quarter
1.8 B
Current Value
1.6 B
Quarterly Volatility
1.2 B
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Phillips financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Phillips main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.4 B, Interest Expense of 974.4 M or Total Revenue of 104.9 B, as well as many exotic indicators such as Price To Sales Ratio of 0.26, Dividend Yield of 0.0246 or PTB Ratio of 1.32. Phillips financial statements analysis is a perfect complement when working with Phillips Valuation or Volatility modules.
  
This module can also supplement Phillips' financial leverage analysis and stock options assessment as well as various Phillips Technical models . Check out the analysis of Phillips Correlation against competitors.

Latest Phillips' Free Cash Flow Growth Pattern

Below is the plot of the Free Cash Flow of Phillips 66 over the last few years. It is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets. Phillips' Free Cash Flow historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Phillips' overall financial position and show how it may be relating to other accounts over time.
Free Cash Flow10 Years Trend
Slightly volatile
   Free Cash Flow   
       Timeline  

Phillips Free Cash Flow Regression Statistics

Arithmetic Mean2,393,058,222
Geometric Mean1,454,380,172
Coefficient Of Variation114.63
Mean Deviation2,200,054,341
Median2,516,873,334
Standard Deviation2,743,221,432
Sample Variance7525263.8T
Range10.1B
R-Value0.39
Mean Square Error6873349.6T
R-Squared0.15
Significance0.15
Slope239,046,833
Total Sum of Squares105353693.6T

Phillips Free Cash Flow History

20242.5 B
20234.6 B
20228.6 B
20214.2 B
2020-809 M
2019935 M
20184.9 B

Other Fundumenentals of Phillips 66

Phillips Free Cash Flow component correlations

About Phillips Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Phillips income statement, its balance sheet, and the statement of cash flows. Phillips investors use historical funamental indicators, such as Phillips's Free Cash Flow, to determine how well the company is positioned to perform in the future. Although Phillips investors may use each financial statement separately, they are all related. The changes in Phillips's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Phillips's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Phillips Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Phillips. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Free Cash Flow4.6 B2.5 B
Free Cash Flow Yield 0.08  0.05 
Free Cash Flow Per Share 10.24  10.76 
EV To Free Cash Flow 16.48  17.30 
Price To Free Cash Flows Ratio 13.00  13.65 
Free Cash Flow Operating Cash Flow Ratio 0.66  0.69 

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When determining whether Phillips 66 offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Phillips' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Phillips 66 Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Phillips 66 Stock:
Check out the analysis of Phillips Correlation against competitors.
You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.

Complementary Tools for Phillips Stock analysis

When running Phillips' price analysis, check to measure Phillips' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Phillips is operating at the current time. Most of Phillips' value examination focuses on studying past and present price action to predict the probability of Phillips' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Phillips' price. Additionally, you may evaluate how the addition of Phillips to your portfolios can decrease your overall portfolio volatility.
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Is Phillips' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Phillips. If investors know Phillips will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Phillips listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.28)
Dividend Share
4.2
Earnings Share
15.2
Revenue Per Share
327.454
Quarterly Revenue Growth
(0.05)
The market value of Phillips 66 is measured differently than its book value, which is the value of Phillips that is recorded on the company's balance sheet. Investors also form their own opinion of Phillips' value that differs from its market value or its book value, called intrinsic value, which is Phillips' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Phillips' market value can be influenced by many factors that don't directly affect Phillips' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Phillips' value and its price as these two are different measures arrived at by different means. Investors typically determine if Phillips is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Phillips' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.