Phillips 66
PSX
$125.90
Share price
0.58%
Change (1 day)
-8.57%
Change (1 year)
Operating Margin for Phillips 66 (PSX)
Operating Margin as of July 2025 (TTM): 2.39%
According to Phillips 66's latest financial reports and stock price the company's current Operating Margin is 2.39%. At the end of 2024 the company had an Operating Margin of 1.87%.
Operating Margin history for Phillips 66 from 2011 to 2025
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2024 | 1.87% | -70.91% |
| 2023 | 6.42% | -25.4% |
| 2022 | 8.61% | 451.72% |
| 2021 | 1.56% | -120.16% |
| 2020 | -7.74% | -298.78% |
| 2019 | 3.89% | -41.7% |
| 2018 | 6.68% | 92.31% |
| 2017 | 3.47% | 33.6% |
| 2016 | 2.60% | -57.43% |
| 2015 | 6.11% | 71.36% |
| 2014 | 3.56% | 10.66% |
| 2013 | 3.22% | -11.93% |
| 2012 | 3.66% | 9.23% |
| 2011 | 3.35% | 271.97% |
| 2010 | 0.90% | 19.92% |
| 2009 | 0.75% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Marathon Petroleum MPC | 4.40% | 84.10% | 🇺🇸 USA |
 HollyFrontier HFC | 4.98% | 108.18% | 🇺🇸 USA |
 Valero Energy VLO | 2.84% | 18.83% | 🇺🇸 USA |
 Exxon Mobil XOM | 14.15% | 492.05% | 🇺🇸 USA |
 Chevron CVX | 13.40% | 460.67% | 🇺🇸 USA |
 Calumet Specialty Products Partners CLMT | -5.27% | -320.50% | 🇺🇸 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.