Phillips 66
PSX Energy Oil & Gas Refining & Marketing
Phillips 66’s revenue for fiscal 2025 (year ended December 2025) was $132.4 billion, down 7.53% from fiscal 2024. In the quarter to June 2026, revenue grew 53.1%, EPS grew 346.1%, free cash flow grew 2,432.2% and total debt fell 1.77%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for ten consecutive years; insiders bought in the last twelve months.
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Phillips 66 (PSX) Net margin
Phillips 66's net margin over the twelve months to 30 June 2026 was 4.66%, up 1.3 percentage points from fiscal 2025 (3.33%). Over the past ten years it has ranged from −6.20% (fiscal 2020) to 6.49% (fiscal 2022); the current reading is higher than 55% of that period. That is above the Oil & Gas Refining & Marketing industry median of 2.08% and below the Energy sector median of 7.30%.
Net margin, annual
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Annual newest first
| Period | Net margin | Change (points) |
|---|---|---|
| FY2025 | 3.33% | 1.85 |
| FY2024 | 1.48% | (3.28) |
| FY2023 | 4.76% | (1.73) |
| FY2022 | 6.49% | 5.31 |
| FY2021 | 1.18% | 7.38 |
| FY2020 | −6.20% | (9.07) |
| FY2019 | 2.87% | (2.15) |
| FY2018 | 5.02% | 0.03 |
| FY2017 | 4.99% | 3.14 |
| FY2016 | 1.85% | (2.42) |
Quarterly newest first
| Period | Net margin | Change (points) |
|---|---|---|
| Jun 2026 | 7.54% | 6.90 |
| Mar 2026 | 0.64% | (7.88) |
| Dec 2025 | 8.52% | 8.13 |
| Sep 2025 | 0.39% | (2.24) |
| 42 more quarters | Free account |
Against its own ten years
Net margin against peers
| Company | Net margin |
|---|---|
| DINO HF Sinclair Corporation compare | 6.08% |
| MPC Marathon Petroleum Corporation compare | 5.57% |
| VLO Valero Energy Corporation compare | 5.17% |
| PSX Phillips 66 | 4.66% |
| PBF PBF Energy Inc. compare | 3.94% |
| UGP Ultrapar Participacoes S.A. compare | 2.29% |
| SUN Sunoco LP compare | 1.57% |
| CVI CVR Energy Inc. compare | 0.81% |
| IEP Icahn Enterprises L.P. compare | −4.86% |
| Oil & Gas Refining & Marketing industry median | 2.08% |
| Energy sector median | 7.30% |
| Market median | 0.45% |
What Net margin is
Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.
Net Income Allotted to Shareholders ÷ Revenue
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