KPIs & Operating Metrics(New)
Growth Metrics

Phillips 66 (PSX) Gross Margin (2016 - 2025)

Phillips 66's Gross Margin history spans 14 years, with the latest figure at 23.91% for Q4 2025.

  • For Q4 2025, Gross Margin rose 1521.0% year-over-year to 23.91%; the TTM value through Dec 2025 reached 15.4%, down 1702.0%, while the annual FY2025 figure was 14.99%, 577.0% up from the prior year.
  • Gross Margin reached 23.91% in Q4 2025 per PSX's latest filing, up from 13.61% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 369.81% in Q4 2022 to a low of 6.63% in Q4 2023.
  • Average Gross Margin over 5 years is 71.77%, with a median of 94.52% recorded in 2021.
  • Peak YoY movement for Gross Margin: soared 27418bps in 2022, then tumbled -36317bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 95.63% in 2021, then soared by 287bps to 369.81% in 2022, then tumbled by -98bps to 6.63% in 2023, then soared by 31bps to 8.7% in 2024, then soared by 175bps to 23.91% in 2025.
  • Per Business Quant, the three most recent readings for PSX's Gross Margin are 23.91% (Q4 2025), 13.61% (Q3 2025), and 13.26% (Q2 2025).