TTM
3.0%
YoY change
+1.85pp
Trough year (2020)
-6.3%
Peak year (2022)
6.5%
Latest annual
3.3%
Net Profit Margin history chart for Phillips 66 (PSX) from 2009 to 2025
Latest: 3.3%
Net Profit Margin change chart for Phillips 66 (PSX) from 2009 to 2025
Latest: +1.85pp
Net Profit Margin history table for Phillips 66 (PSX) from 2009 to 2025
| 2025 | 3.3% | +1.85pp | ||
| 2024 | 1.5% | -3.28pp | ||
| 2023 | 4.8% | -1.72pp | ||
| 2022 | 6.5% | +5.31pp | ||
| 2021 | 1.2% | +7.43pp | ||
| 2020 | -6.3% | -9.12pp | ||
| 2019 | 2.9% | -2.17pp | ||
| 2018 | 5.0% | -0.67pp | ||
| 2017 | 5.7% | +3.52pp | ||
| 2016 | 2.2% | -2.79pp | ||
| 2015 | 5.0% | +1.71pp | ||
| 2014 | 3.3% | +0.90pp | ||
| 2013 | 2.4% | -0.12pp | ||
| 2012 | 2.5% | +0.06pp | ||
| 2011 | 2.4% | +1.93pp | ||
| 2010 | 0.5% | +0.08pp | ||
| 2009 | 0.4% | — |
- 20253.3%+1.85pp
- 20241.5%-3.28pp
- 20234.8%-1.72pp
- 20226.5%+5.31pp
- 20211.2%+7.43pp
- 2020-6.3%-9.12pp
- 20192.9%-2.17pp
- 20185.0%-0.67pp
- 20175.7%+3.52pp
- 20162.2%-2.79pp
- 20155.0%+1.71pp
- 20143.3%+0.90pp
- 20132.4%-0.12pp
- 20122.5%+0.06pp
- 20112.4%+1.93pp
- 20100.5%+0.08pp
- 20090.4%—
Net Profit Margin 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 Net Profit Margin at Phillips 66 (PSX)
According to Phillips 66's latest reported financial statements, the company's latest reported net margin is 3.0%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2025, Phillips 66 (PSX) net margin totalled 3.33% – expanded 1.9 percentage points year-over-year.
6.48% stands as the all-time-high annual net margin, posted in 2022, against a low of -6.25% during 2020.
Phillips 66 Net Profit Margin by Year
Phillips 66 Net Profit Margin 2025: 3.3%
Phillips 66 net margin in 2025 was 3.33%, expanded 1.9 percentage points from 2024.
Phillips 66 Net Profit Margin 2024: 1.5%
2024's net margin for Phillips 66 came in at 1.48%, contracted 3.3 percentage points from 2023.
Phillips 66 Net Profit Margin 2023: 4.8%
Phillips 66 posted net margin of 4.76% in 2023, contracted 1.7 percentage points from 2022.
Phillips 66 Net Profit Margin 2022: 6.5%
In 2022, Phillips 66 reported net margin of 6.48%, expanded 5.3 percentage points from 2021. This figure represents the highest annual value in the available history.
Phillips 66 Net Profit Margin 2021: 1.2%
Phillips 66 net margin in 2021 was 1.17%.
See more financial history for Phillips 66 (PSX).
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