Phillips 66 Interest Expense 2018-2025 | PSX
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What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is Phillips 66's current interest expense?
Phillips 66 (PSX) annual interest expense for 2025 was $997.0M, a 8.49% increase from 2024.
What was Phillips 66's interest expense in 2024?
Phillips 66 annual interest expense for 2024 was $919.0M, a 9.14% increase from 2023.
What was Phillips 66's interest expense in 2023?
Phillips 66 annual interest expense for 2023 was $842.0M, a 37.81% increase from 2022.
What is Phillips 66's 5-year interest expense CAGR?
Phillips 66 interest expense grew at a compound annual growth rate (CAGR) of 12.63% from FY2020 to FY2025, going from $550.0M to $997.0M over 5 years.
Interest Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+12.6%
FY2020
$550.0M
→
FY2025
$997.0M
1819202122232425
5 years selected