KPIs & Operating Metrics(New)
Growth Metrics

Phillips 66 (PSX) Gross Margin (2016 - 2026)

Phillips 66 filings provide 15 years of Gross Margin readings, the most recent being 94.3% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 37.0% to 94.3% in Q1 2026 year-over-year; TTM through Mar 2026 was 25.31%, a 5256.0% decrease, with the full-year FY2025 number at 14.99%, up 577.0% from a year prior.
  • Gross Margin hit 94.3% in Q1 2026 for Phillips 66, up from 206.99% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 327.39% in Q4 2023 to a low of 206.99% in Q4 2025.
  • Median Gross Margin over the past 5 years was 14.08% (2022), compared with a mean of 51.42%.
  • Biggest five-year swings in Gross Margin: skyrocketed 31331bps in 2023 and later tumbled -32458bps in 2024.
  • Phillips 66's Gross Margin stood at 14.08% in 2022, then soared by 2225bps to 327.39% in 2023, then tumbled by -99bps to 2.81% in 2024, then tumbled by -7468bps to 206.99% in 2025, then surged by 146bps to 94.3% in 2026.
  • The last three reported values for Gross Margin were 94.3% (Q1 2026), 206.99% (Q4 2025), and 13.61% (Q3 2025) per Business Quant data.