Phillips 66 PSX
NYSE PSX
$240.87 -2.00 (-0.83%)
As of: Aug 24, 2026 · 2:42 PM EDT

Phillips 66 (PSX) Gross Margin (2010 - 2025)

Phillips 66's (PSX) annual Gross Margin came in at 95.15% in FY2025, up 791.18% year-over-year from 10.68% in FY2024.

Phillips 66 (PSX) Gross Margin (2010 - 2025) Analysis & Trends

Phillips 66 (PSX) has 16 years of Gross Margin data on file, last reported at 95.15% in FY2025.

  • Quarterly Gross Margin fell 8320.0% year-over-year to 11.47% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 32.38% (up 2619.0% YoY) and the FY2025 annual result came in at 95.15%, up 8447.0% from the prior year.
  • Gross Margin advanced to 95.15% in FY2025, from 10.68% in the prior year.
  • In the past five years, Gross Margin ranged from a high of 96.41% in FY2022 to a low of 10.68% in FY2024.
  • A 5-year average of 45.29% and a median of 13.1% in 2023 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2022 — Gross Margin jumped 8530 bps — and 2023, when it plunged 8330 bps.
  • Tracing PSX's Gross Margin over 5 years: stood at 11.1% in 2021, then jumped by 768 bps to 96.41% in 2022, then tumbled by 86 bps to 13.1% in 2023, then slipped by 19 bps to 10.68% in 2024, then soared by 791 bps to 95.15% in 2025.
  • The last three Gross Margin figures came in at 95.15% (FY2025), 10.68% (FY2024), and 13.1% (FY2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Yr)
1 Marathon Petroleum 104.11 Bn 96.34 Bn 9.27 Bn -
2 Valero Energy 102.17 Bn 94.30 Bn 5.47 Bn -
3 Phillips 66 96.58 Bn 92.48 Bn 8.38 Bn -
4 HF Sinclair 17.09 Bn 14.83 Bn 1.57 Bn -
5 PBF Energy 8.23 Bn 7.33 Bn 1.15 Bn -
6 Ultrapar Holdings 7.18 Bn 5.07 Bn 912.61 Mn -
7 Delek US Holdings 4.17 Bn 3.54 Bn 365.10 Mn -
8 Cvr Energy 3.84 Bn 3.10 Bn 117.00 Mn -
9 Par Pacific Holdings 3.63 Bn 3.44 Bn 852.68 Mn -
10 World Kinect 1.82 Bn 1.60 Bn 365.10 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 95.15%
Dec 31, 2024 10.68%
Dec 31, 2023 13.10%
Dec 31, 2022 96.41%
Dec 31, 2021 11.10%
Dec 31, 2020 10.01%
Dec 31, 2019 95.27%
Dec 31, 2018 14.26%
Dec 31, 2017 95.51%
Dec 31, 2016 94.93%
Dec 31, 2015 95.75%
Dec 31, 2014 97.25%
Dec 31, 2013 97.55%
Dec 31, 2012 97.75%
Dec 31, 2011 97.97%
Dec 31, 2010 97.14%