Phillips 66
PSX
#267
Rank
$65.71 B
Marketcap
$154.71
Share price
0.91%
Change (1 day)
50.12%
Change (1 year)

Operating Margin for Phillips 66 (PSX)

Operating Margin as of April 2024 (TTM): 9.97%

According to Phillips 66's latest financial reports and stock price the company's current Operating Margin is 9.97%. At the end of 2022 the company had an Operating Margin of 8.61%.

Operating Margin history for Phillips 66 from 2011 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20228.61%451.72%
20211.56%-120.16%
2020-7.74%-298.78%
20193.89%-41.7%
20186.68%92.31%
20173.47%33.6%
20162.60%-57.43%
20156.11%71.36%
20143.56%10.66%
20133.22%-12.84%
20123.69%10.32%
20113.35%272.89%
20100.90%19.68%
20090.75%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
11.40% 14.34%๐Ÿ‡บ๐Ÿ‡ธ USA
19.97% 100.30%๐Ÿ‡บ๐Ÿ‡ธ USA
19.83% 98.90%๐Ÿ‡บ๐Ÿ‡ธ USA
4.98%-50.10%๐Ÿ‡บ๐Ÿ‡ธ USA
8.67%-13.04%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.21%-182.35%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.