Repayments of Debt and Lease Obligation
Phillips 66 Repayments of Debt and Lease Obligation decreased by 59.0% to $1.97B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 52.7%, from $1.29B to $1.97B. Over 4 years (FY 2021 to FY 2025), Repayments of Debt and Lease Obligation shows an upward trend with a 31.3% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase suggests active debt reduction or maturing obligations, while a decrease may indicate refinancing or a shift toward other capital uses.
Detailed definition
This metric represents the total cash outflows used to reduce the principal balance of outstanding long-term debt and ca...
Peer comparison
Standard across all capital-intensive industries; peers with high debt loads typically show higher repayment activity.
financing_repayments_of_debt_and_capital_lease_obligationsHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $54.00M | $506.00M | $1.47B | $24.00M | $1.46B | $476.00M | $926.00M | $1.22B | $1.24B | $1.17B | $627.00M | $3.01B | $7.00M | $408.00M | $712.00M | $1.29B | $1.09B | $1.61B | $4.79B | $1.97B |
| QoQ Change | — | +837.0% | +190.3% | -98.4% | >999% | -67.3% | +94.5% | +32.1% | +1.1% | -5.7% | -46.2% | +380.5% | -99.8% | >999% | +74.5% | +80.8% | -15.5% | +48.2% | +197.0% | -59.0% |
| YoY Change | — | — | — | — | >999% | -5.9% | -37.0% | >999% | -15.2% | +145.0% | -32.3% | +146.4% | -99.4% | -65.0% | +13.6% | -57.3% | >999% | +295.1% | +572.3% | +52.7% |
Repayments of Debt and Lease Obligation at Other Companies
Frequently Asked Questions
- What is Phillips 66's repayments of debt and lease obligation?
- Phillips 66 (PSX) reported repayments of debt and lease obligation of $1.97B in Q1 2026.
- How has Phillips 66's repayments of debt and lease obligation changed year-over-year?
- Phillips 66's repayments of debt and lease obligation increased by 52.7% year-over-year, from $1.29B to $1.97B.
- What is the long-term trend for Phillips 66's repayments of debt and lease obligation?
- Over 4 years (2021 to 2025), Phillips 66's repayments of debt and lease obligation has grown at a 31.3% compound annual growth rate (CAGR), from $2.95B to $8.77B.
- What does repayments of debt and lease obligation mean?
- The total cash paid to reduce the principal amount of debt and lease obligations.