Phillips 66 (PSX) Net Margin (2011 - 2026)
Phillips 66's (PSX) quarterly Net Margin came in at 7.45% in Q2 2026, up 474.0% on a YoY basis from 1.3% in Q2 2025, and up 1023.17% quarter-over-quarter from 0.66% in Q1 2026.
Powered by 
Analysis
Phillips 66 (PSX) Net Margin (2011 - 2026) Analysis & Trends
Phillips 66 (PSX) has reported Net Margin for 16 consecutive years, with 7.45% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 474.0% year-over-year to 7.45%; the trailing twelve-month figure through Jun 2026 stood at 4.6% (up 325.0% YoY), and the FY2025 full-year result was 3.32%, up 182.0% from the prior year.
- Net Margin climbed to 7.45% in Q2 2026 per PSX's latest filing, from 0.66% in the prior quarter.
- Across five years, Net Margin topped out at 11.36% in Q3 2022 and bottomed at 0.07% in Q4 2024.
- Historically, Net Margin has averaged 3.93% across 5 years, with a median of 3.01% in 2023.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 981 bps in 2022, then sank 605 bps in 2023.
- Over 5 years, Net Margin stood at 4.92% in 2022, then slumped by 33 bps to 3.32% in 2023, then sank by 98 bps to 0.07% in 2024, then surged by 10852 bps to 8.06% in 2025, then slipped by 7 bps to 7.45% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 7.45%, 0.66%, and 8.06% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 406.10 Bn | 403.25 Bn | 33.45 Bn | 17.41% |
| 2 | Shell | 256.90 Bn | 217.03 Bn | 30.13 Bn | 11.43% |
| 3 | TotalEnergies SE | 202.32 Bn | 173.15 Bn | 23.46 Bn | 8.80% |
| 4 | Eni Spa | 172.63 Bn | 162.79 Bn | - | 14.64% |
| 5 | Conocophillips | 153.88 Bn | 146.19 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 107.31 Bn | 98.05 Bn | - | 9.17% |
| 7 | Phillips 66 | 102.33 Bn | 99.43 Bn | 8.38 Bn | 7.45% |
| 8 | Canadian Natural Resources | 99.17 Bn | 97.27 Bn | 8.84 Bn | 32.66% |
| 9 | Suncor Energy | 81.11 Bn | 75.74 Bn | 17.50 Bn | 19.26% |
| 10 | Eog Resources | 74.44 Bn | 69.53 Bn | - | 31.60% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.45% |
| Mar 31, 2026 | 0.66% |
| Dec 31, 2025 | 8.06% |
| Sep 30, 2025 | 0.48% |
| Jun 30, 2025 | 2.71% |
| Mar 31, 2025 | 1.66% |
| Dec 31, 2024 | 0.07% |
| Sep 30, 2024 | 1.02% |
| Jun 30, 2024 | 2.62% |
| Mar 31, 2024 | 2.09% |
| Dec 31, 2023 | 3.32% |
| Sep 30, 2023 | 5.31% |
| Jun 30, 2023 | 4.85% |
| Mar 31, 2023 | 5.92% |
| Dec 31, 2022 | 4.92% |
| Sep 30, 2022 | 11.36% |
| Jun 30, 2022 | 6.45% |
| Mar 31, 2022 | 1.79% |
| Dec 31, 2021 | 4.08% |
| Sep 30, 2021 | 1.55% |
API Access
Phillips 66 Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=PSX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "PSX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=PSX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();