Phillips 66
PSX
Rank in Stocks
#189
Phillips 66 operates as a diversified energy company, specializing in both... Phillips 66 operates as a diversified energy company, specializing in both manufacturing and logistics. Its comprehensive business model is structured across four primary segments: Midstream, Chemicals, Refining, and Marketing & Specialties (M&S). The Midstream division manages the vital infrastructure for transporting and processing various energy commodities. This includes moving crude oil and other feedstocks, delivering refined petroleum products to market, offering terminaling and storage solutions, and handling natural gas liquids (NGLs) through processes like transportation, storage, fractionation, export, and marketing. It also provides fee-based processing services and oversees the gathering, processing, transportation, and marketing of natural gas. The Chemicals segment is dedicated to the production and distribution of a broad spectrum of chemical products. This encompasses olefins like ethylene, aromatics and styrenics such as benzene, cyclohexane, styrene, and polystyrene, alongside various specialty chemicals. These specialty products include organosulfur compounds, solvents, catalysts, and chemicals utilized in drilling and mining operations. Through its Refining segment, Phillips 66 transforms crude oil and other feedstocks into essential petroleum products. These include different grades of gasoline, distillates, aviation fuels, and renewable fuels, processed at its network of 12 refineries located in the United States and Europe. The Marketing & Specialties (M&S) segment focuses on the procurement, resale, and marketing of refined petroleum products like gasolines, distillates, and aviation fuels, primarily serving markets in the United States and Europe. This segment also manufactures and distributes specialized products, including base oils and lubricants. Phillips 66, founded in 1875, is headquartered in Houston, Texas.
Share Price
$293.28
Last synced: 2026-10-16
Market Cap
$117.59B
Change (1 day)
1.41%
Change (1 year)
126.87%
Country
US
Trade Phillips 66 (PSX)
Category
Energy
Operating Margin for Phillips 66 (PSX)
Operating Margin as of October 2026 TTM: 6.67%
According to Phillips 66 latest financial reports and stock price the company's current Operating Margin (TTM) is 6.67%. At the end of 2024 the company had an Operating Margin of 1.62%.
Operating Margin history for Phillips 66 from 2009 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 6.67% | 164.68% |
| 2025 | 2.52% | 55.56% |
| 2024 | 1.62% | -71.12% |
| 2023 | 5.61% | -5.24% |
| 2022 | 5.92% | 443.12% |
| 2021 | 1.09% | -137.98% |
| 2020 | -2.87% | -195.67% |
| 2019 | 3.00% | -33.77% |
| 2018 | 4.53% | 101.33% |
| 2017 | 2.25% | 4.65% |
| 2016 | 2.15% | -55.94% |
| 2015 | 4.88% | 183.72% |
| 2014 | 1.72% | 10.26% |
| 2013 | 1.56% | -42.44% |
| 2012 | 2.71% | 191.40% |
| 2011 | 0.93% | 22.37% |
| 2010 | 0.76% | -317.14% |
| 2009 | -0.35% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 0.00% | - |
IN
|
|
| 7.95% | -98.81% |
US
|
|
| 7.53% | -98.87% |
US
|
|
| 9.50% | -98.58% |
TW
|
|
| 0.00% | - |
FI
|
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.