Phillips 66
PSX
#375
Rank
$44.52 B
Marketcap
$97.03
Share price
4.28%
Change (1 day)
-5.80%
Change (1 year)

Operating Margin for Phillips 66 (PSX)

Operating Margin as of June 2023 (TTM): 10.20%

According to Phillips 66's latest financial reports and stock price the company's current Operating Margin is 10.20%. At the end of 2021 the company had an Operating Margin of 1.56%.

Operating Margin history for Phillips 66 from 2011 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
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
13.16% 29.02%๐Ÿ‡บ๐Ÿ‡ธ USA
21.79% 113.63%๐Ÿ‡บ๐Ÿ‡ธ USA
21.80% 113.73%๐Ÿ‡บ๐Ÿ‡ธ USA
4.98%-51.22%๐Ÿ‡บ๐Ÿ‡ธ USA
1.35%-86.76%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.21%-180.49%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.