stockrowPhillips 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.
- Revenue
- +46.4%
- EPS
- +4,338.6%
- Free cash flow
- +936.3%
- Total debt
- −14.8%
Quarter to September 2026, against a year earlier
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Phillips 66 (PSX) Operating margin
Phillips 66's operating margin over the twelve months to 30 September 2026 was 9.16%, up 4.9 percentage points from fiscal 2025 (4.30%). Over the past ten years it has ranged from −8.80% (fiscal 2020) to 7.22% (fiscal 2022); the current reading is higher than 64% of that period. That is above the Oil & Gas Refining & Marketing industry median of 7.14% and below the Energy sector median of 15.2%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 4.30% | 3.03 |
| FY2024 | 1.27% | (4.41) |
| FY2023 | 5.68% | (1.54) |
| FY2022 | 7.22% | 7.74 |
| FY2021 | −0.52% | 8.28 |
| FY2020 | −8.80% | (11.14) |
| FY2019 | 2.34% | (2.36) |
| FY2018 | 4.70% | 2.49 |
| FY2017 | 2.21% | 0.90 |
| FY2016 | 1.31% | (3.57) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 13.5% | 4.32 |
| Jun 2026 | 9.14% | 8.21 |
| Mar 2026 | 0.93% | (9.73) |
| Dec 2025 | 10.7% | 10.29 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| DINO HF Sinclair Corporation compare | 13.5% |
| MPC Marathon Petroleum Corporation compare | 12.5% |
| VLO Valero Energy Corporation compare | 11.5% |
| PBF PBF Energy Inc. compare | 9.78% |
| PSX Phillips 66 | 9.16% |
| CVI CVR Energy Inc. compare | 5.72% |
| UGP Ultrapar Participacoes S.A. compare | 4.95% |
| DK Delek US Holdings, Inc. compare | 4.84% |
| SUN Sunoco LP compare | 4.60% |
| Oil & Gas Refining & Marketing industry median | 7.14% |
| Energy sector median | 15.2% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
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