TTM
$9.56B
YoY change
+33.4%
5Y CAGR
+104.8%
Peak year (2011)
$18.72B
Cumulative gross profit
$133.86B
Gross Profit history chart for Phillips 66 (PSX) from 2009 to 2025
Latest: $6.49B
Gross Profit growth chart for Phillips 66 (PSX) from 2009 to 2025
Latest: +33.4%
Gross Profit history table for Phillips 66 (PSX) from 2009 to 2025
| 2025 | $6.49B | +33.4% | +$1.62B | ||
| 2024 | $4.86B | -56.9% | −$6.42B | ||
| 2023 | $11.29B | -11.6% | −$1.49B | ||
| 2022 | $12.77B | +278.0% | +$9.39B | ||
| 2021 | $3.38B | +1777.2% | +$3.20B | ||
| 2020 | $180.00M | -96.6% | −$5.13B | ||
| 2019 | $5.32B | -25.6% | −$1.83B | ||
| 2018 | $7.14B | +73.5% | +$3.03B | ||
| 2017 | $4.12B | +18.3% | +$638.00M | ||
| 2016 | $3.48B | -43.2% | −$2.64B | ||
| 2015 | $6.12B | +35.5% | +$1.60B | ||
| 2014 | $4.52B | +7.7% | +$322.00M | ||
| 2013 | $4.20B | -36.4% | −$2.40B | ||
| 2012 | $6.60B | -64.7% | −$12.12B | ||
| 2011 | $18.72B | +13.4% | +$2.21B | ||
| 2010 | $16.51B | +13.4% | +$1.95B | ||
| 2009 | $14.56B | — | — |
- 2025$6.49B+33.4%
- 2024$4.86B-56.9%
- 2023$11.29B-11.6%
- 2022$12.77B+278.0%
- 2021$3.38B+1777.2%
- 2020$180.00M-96.6%
- 2019$5.32B-25.6%
- 2018$7.14B+73.5%
- 2017$4.12B+18.3%
- 2016$3.48B-43.2%
- 2015$6.12B+35.5%
- 2014$4.52B+7.7%
- 2013$4.20B-36.4%
- 2012$6.60B-64.7%
- 2011$18.72B+13.4%
- 2010$16.51B+13.4%
- 2009$14.56B—
Gross Profit values are taken from Phillips 66's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Profit at Phillips 66 (PSX)
According to Phillips 66's latest reported financial statements, the company's current gross profit (TTM) is $9.56B. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
In 2025, Phillips 66 (PSX) gross profit totalled $6.49B – surged 33.4% year-over-year.
Over 2020–2025 (5 years), Phillips 66 gross profit expanded at a +104.8% compound annual rate, with mixed annual results across the window.
Between 2011 and 2025, Phillips 66 gross profit plunged 65.3%, falling from $18.72B to $6.49B.
The record annual gross profit stands at $18.72B, reached in 2011; the historical low of $180.00M was recorded in 2020.
Phillips 66 Gross Profit by Year
Phillips 66 Gross Profit 2025: $6.49B
2025's gross profit for Phillips 66 came in at $6.49B, surged 33.4% from 2024.
Phillips 66 Gross Profit 2024: $4.86B
Phillips 66 posted gross profit of $4.86B in 2024, plunged 56.9% below 2023.
Phillips 66 Gross Profit 2023: $11.29B
In 2023, Phillips 66 reported gross profit of $11.29B, declined 11.6% below 2022.
Phillips 66 Gross Profit 2022: $12.77B
Phillips 66 gross profit in 2022 was $12.77B, surged 278.0% from 2021.
Phillips 66 Gross Profit 2021: $3.38B
Phillips 66 gross profit in 2021 was $3.38B.
See more financial history for Phillips 66 (PSX).
Sector peers by Gross Profit
Energy peers of Phillips 66 (PSX), ranked by their latest gross profit
| $70.23B | |
| $56.09B | |
| $15.42B | |
| $14.46B | |
| $10.00B | |
| $6.50B | |
| $5.37B | |
| $5.12B |
- $70.23B
- $56.09B
- $15.42B
- $14.46B
- $10.00B
- $6.50B
- $5.37B
- $5.12B
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