Long-Term Debt and Finance Lease Obligations
Phillips 66 Long-Term Debt and Finance Lease Obligations decreased by 0.0% to $18.68B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.3%, from $17.74B to $18.68B. Over 5 years (FY 2020 to FY 2025), Long-Term Debt and Finance Lease Obligations shows an upward trend with a 4.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
High levels increase financial leverage and interest expense, which can impact profitability and creditworthiness.
Detailed definition
This represents the total principal amount of debt and finance lease obligations maturing beyond one year. It is a key i...
Peer comparison
Essential for calculating debt-to-equity and net debt-to-EBITDA ratios; standard across capital-intensive industries.
long_term_debt_and_finance_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 | $12.92B | $13.42B | $12.96B | $12.96B | $12.44B | $16.63B | $16.66B | $17.66B | $19.03B | $18.53B | $17.88B | $17.83B | $17.18B | $18.48B | $18.23B | $17.74B | $17.20B | $19.17B | $18.68B | $18.68B |
| QoQ Change | — | +3.8% | -3.4% | +0.0% | -4.0% | +33.6% | +0.2% | +6.0% | +7.8% | -2.6% | -3.5% | -0.3% | -3.6% | +7.5% | -1.3% | -2.7% | -3.1% | +11.4% | -2.6% | -0.0% |
| YoY Change | — | — | — | — | -3.7% | +23.9% | +28.6% | +36.3% | +53.0% | +11.5% | +7.3% | +1.0% | -9.7% | -0.3% | +2.0% | -0.5% | +0.1% | +3.7% | +2.5% | +5.3% |
Long-Term Debt and Finance Lease Obligations at Other Companies
Frequently Asked Questions
- What is Phillips 66's long-term debt and finance lease obligations?
- Phillips 66 (PSX) reported long-term debt and finance lease obligations of $18.68B in Q1 2026.
- How has Phillips 66's long-term debt and finance lease obligations changed year-over-year?
- Phillips 66's long-term debt and finance lease obligations increased by 5.3% year-over-year, from $17.74B to $18.68B.
- What is the long-term trend for Phillips 66's long-term debt and finance lease obligations?
- Over 5 years (2020 to 2025), Phillips 66's long-term debt and finance lease obligations has grown at a 4.6% compound annual growth rate (CAGR), from $14.91B to $18.68B.
- What does long-term debt and finance lease obligations mean?
- Total debt and lease obligations due after more than one year.