Discontinued — last reported Q4 '25
Non-Current Liabilities
Long-Term Debt
Phillips 66 Long-Term Debt decreased by 1.7% to $19.52B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 1.7%, from $19.86B to $19.52B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt shows an upward trend with a 4.4% CAGR.
Analysis
StatementBalance Sheet Statement
SectionNon-Current Liabilities
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ4 2025Feb 20, 2026
How to read this metric
An increase indicates higher leverage and interest expense, while a decrease suggests debt repayment or deleveraging.
Detailed definition
This represents the total value of debt obligations, such as bonds or loans, that are due for repayment beyond the curre...
Peer comparison
Varies significantly by industry; capital-intensive sectors like healthcare often carry higher long-term debt.
Metric ID:
long_term_debtHistorical Data
7 periods
| Q4 '21 | Q2 '22 | Q3 '22 | Q4 '22 | Q4 '23 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|---|---|
| Value | $14.25B | $12.80B | $17.64B | $17.16B | $19.21B | $19.86B | $19.52B |
| QoQ Change | — | -10.2% | +37.8% | -2.7% | +11.9% | +3.4% | -1.7% |
| YoY Change | — | — | — | +20.4% | +11.9% | +3.4% | -1.7% |
Range$12.80B – $19.86B
CAGR+23.3%
Avg YoY Growth+8.5%
Median YoY Growth+7.7%
Long-Term Debt at Other Companies
Frequently Asked Questions
- What is Phillips 66's long-term debt?
- Phillips 66 (PSX) reported long-term debt of $19.52B in Q4 2025.
- How has Phillips 66's long-term debt changed year-over-year?
- Phillips 66's long-term debt decreased by 1.7% year-over-year, from $19.86B to $19.52B.
- What is the long-term trend for Phillips 66's long-term debt?
- Over 5 years (2020 to 2025), Phillips 66's long-term debt has grown at a 4.4% compound annual growth rate (CAGR), from $15.72B to $19.52B.
- What does long-term debt mean?
- The total amount of debt that is not due for repayment within the next year.