What is the current annual gross margin of PSX?

As of today, PSX annual gross margin is 4.96%

What is 1-year change in PSX annual gross margin?

PSX annual gross margin is up +45.88% year-over-year

What is 3-year change in PSX annual gross margin?

PSX annual gross margin is down -33.95% over the past 3 years

How far is PSX annual gross margin from its all-time high?

PSX annual gross margin is currently -61.61% below its historical high of 12.92% set on December 31, 2009

How does PSX annual gross margin rank versus sector peers?

PSX annual gross margin is higher than 14.88% of companies in Energy sector

When is PSX next annual earnings release?

The next annual earnings release for PSX is on February 3, 2027

What is the current quarterly gross margin of PSX?

As of today, PSX quarterly gross margin is 17.62%

What is PSX quarterly gross margin most recent change?

PSX quarterly gross margin was up +100.46% on September 30, 2026

What is 1-year change in PSX quarterly gross margin?

PSX quarterly gross margin is up +217.48% year-over-year

How far is PSX quarterly gross margin from its all-time high?

PSX quarterly gross margin is currently at its all-time high

How does PSX quarterly gross margin rank versus sector peers?

PSX quarterly gross margin is higher than 29.49% of companies in Energy sector

When is PSX next earnings release?

The next earnings release for PSX is on February 3, 2027

Phillips 66 (PSX) Gross Margin History & Chart Since 2009

Annual Gross Margin

4.96%1.56%+45.88%

December 31, 2025

Summary

Current Value: As of today, PSX annual gross margin is 4.96%, up +45.88% on December 31, 2025
Historical Performance: PSX annual gross margin is down -33.95% over the past 3 years, up +1671.43% over the past 5 years
All-Time High Comparison: PSX annual gross margin is currently -61.61% below its historical high of 12.92% set on December 31, 2009
3-Year Low Comparison: PSX annual gross margin is +45.88% above its 3-year low of 3.40% reached on December 31, 2024
Sector Comparison: PSX annual gross margin is higher than 14.88% of companies in Energy sector

Gross Margin Chart

beforeafter

Performance

PSX Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 25	4.96%	+45.9%	-34.0%	+1671.4%	-55.9%
Quarterly Gross Margin	Sep 30, 26	17.62%	+217.5%	+75.3%	+304.1%	+62.3%
Price	Nov 10, 26	$250.70	+80.8%	+121.0%	+223.4%	–
PE Ratio	Nov 10, 26	8.00	-78.9%	+17.0%	–	–
Annual Revenue	Dec 31, 25	$132.19B	-7.6%	-22.3%	+107.5%	-10.0%
Annual Gross Profit	Dec 31, 25	$0.00	-100.0%	-100.0%	-100.0%	-100.0%
Annual Operating Margin	Dec 31, 25	2.52%	+55.6%	-57.4%	+187.8%	+231.6%
Annual Net Margin	Dec 31, 25	3.42%	+126.5%	-48.9%	+158.6%	+584.0%

Gross Margin Highs

PSX Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	7.66%	Dec 31, 23	-35.3%
5Y	7.66%	Dec 31, 23	-35.3%
All	12.92%	Dec 31, 09	-61.6%

Gross Margin Lows

PSX Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	3.40%	Dec 31, 24	+45.9%
5Y	0.28%	N/A	+1671.4%
All	0.28%	Dec 31, 20	+1671.4%

Gross Margin History

Year	Value	Change
2025	4.96%	+45.9%
2024	3.40%	-55.6%
2023	7.66%	+2.0%
2022	7.51%	+148.7%
2021	3.02%	+978.6%
2020	0.28%	-94.3%
2019	4.95%	-22.9%
2018	6.42%	+39.6%
2017	4.60%	-5.7%

Year	Value	Change
2016	4.88%	-32.2%
2015	7.20%	+132.3%
2014	3.10%	+16.5%
2013	2.66%	-33.0%
2012	3.97%	-58.3%
2011	9.52%	-15.3%
2010	11.24%	-13.0%
2009	12.92%	-

FAQ

What is the current annual gross margin of PSX?: As of today, PSX annual gross margin is 4.96%
What is 1-year change in PSX annual gross margin?: PSX annual gross margin is up +45.88% year-over-year
What is 3-year change in PSX annual gross margin?: PSX annual gross margin is down -33.95% over the past 3 years
How far is PSX annual gross margin from its all-time high?: PSX annual gross margin is currently -61.61% below its historical high of 12.92% set on December 31, 2009
How does PSX annual gross margin rank versus sector peers?: PSX annual gross margin is higher than 14.88% of companies in Energy sector
When is PSX next annual earnings release?: The next annual earnings release for PSX is on February 3, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Quarterly Gross Margin

17.62%8.83%+100.46%

September 30, 2026

Summary

Current Value: As of today, PSX quarterly gross margin is 17.62%, up +100.46% on September 30, 2026
Historical Performance: PSX quarterly gross margin is up +217.48% year-over-year, up +75.32% over the past 3 years
All-Time High Comparison: PSX quarterly gross margin is currently at its all-time high
3-Year Low Comparison: PSX quarterly gross margin is +868.13% above its 3-year low of 1.82% reached on December 31, 2024
Sector Comparison: PSX quarterly gross margin is higher than 29.49% of companies in Energy sector

Performance

PSX Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 30, 26	17.62%	+100.5%	+217.5%	+75.3%	+304.1%
Annual Gross Margin	Dec 31, 25	4.96%	–	+45.9%	-34.0%	+1671.4%
Price	Nov 10, 26	$250.70	+16.3%	+80.8%	+121.0%	+223.4%
PE Ratio	Nov 10, 26	8.00	-34.8%	-78.9%	+17.0%	–
Quarterly Revenue	Sep 30, 26	$51.45B	+1.3%	+49.1%	+28.7%	+68.9%
Quarterly Gross Profit	Sep 30, 26	$9.07B	+103.1%	+373.7%	+125.5%	+582.2%
Quarterly Operating Margin	Sep 30, 26	16.02%	+114.2%	+513.8%	+98.0%	+495.5%
Quarterly Net Margin	Sep 30, 26	10.96%	+43.6%	+2183.3%	+104.9%	+585.0%

Quarterly Gross Margin Highs

PSX Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	17.62%	Sep 30, 26	at high
3Y	17.62%	Sep 30, 26	at high
5Y	17.62%	Sep 30, 26	at high
All	17.62%	Sep 30, 26	at high

Quarterly Gross Margin Lows

PSX Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	5.55%	N/A	+217.5%
3Y	1.82%	Dec 31, 24	+868.1%
5Y	1.82%	Dec 31, 24	+868.1%
All	-1.84%	Mar 31, 20	+1057.6%

Quarterly Gross Margin History

Month	Value	Change
Sep 2026	17.62%	+100.5%
Jun 2026	8.79%	-17.4%
Mar 2026	10.64%	+69.2%
Dec 2025	6.29%	+13.3%
Sep 2025	5.55%	-2.3%
Jun 2025	5.68%	+195.8%
Mar 2025	1.92%	+5.5%
Dec 2024	1.82%	-20.9%
Sep 2024	2.30%	-42.4%
Jun 2024	3.99%	-25.1%
Mar 2024	5.33%	+1.3%
Dec 2023	5.26%	-47.7%
Sep 2023	10.05%	+42.8%
Jun 2023	7.04%	-13.9%
Mar 2023	8.18%	+12.2%
Dec 2022	7.29%	-11.4%
Sep 2022	8.23%	-11.4%
Jun 2022	9.29%	+106.4%
Mar 2022	4.50%	+10.3%
Dec 2021	4.08%	-6.4%
Sep 2021	4.36%	+84.0%
Jun 2021	2.37%	+403.8%
Mar 2021	-0.78%	-147.0%
Dec 2020	1.66%	+538.5%
Sep 2020	0.26%	-87.7%
Jun 2020	2.12%	+215.2%
Mar 2020	-1.84%	-147.7%
Dec 2019	3.86%	-39.5%
Sep 2019	6.38%	+3.4%
Jun 2019	6.17%	+95.3%
Mar 2019	3.16%	-57.8%
Dec 2018	7.48%	+7.3%

Month	Value	Change
Sep 2018	6.97%	+0.3%
Jun 2018	6.95%	+83.4%
Mar 2018	3.79%	-7.1%
Dec 2017	4.08%	-5.1%
Sep 2017	4.30%	+4.9%
Jun 2017	4.10%	+70.1%
Mar 2017	2.41%	-2.4%
Dec 2016	2.47%	-50.8%
Sep 2016	5.02%	-17.3%
Jun 2016	6.07%	-8.0%
Mar 2016	6.60%	+18.1%
Dec 2015	5.59%	-39.2%
Sep 2015	9.19%	+37.2%
Jun 2015	6.70%	-5.6%
Mar 2015	7.10%	+154.5%
Dec 2014	2.79%	-28.6%
Sep 2014	3.91%	+31.6%
Jun 2014	2.97%	+10.0%
Mar 2014	2.70%	+6.3%
Dec 2013	2.54%	+32.3%
Sep 2013	1.92%	-28.6%
Jun 2013	2.69%	-28.5%
Mar 2013	3.76%	-13.4%
Dec 2012	4.34%	-34.5%
Sep 2012	6.63%	+112.5%
Jun 2012	3.12%	+37.4%
Mar 2012	2.27%	+114.2%
Dec 2011	1.06%	-90.2%
Sep 2011	10.86%	+13.7%
Jun 2011	9.55%	-2.7%
Mar 2011	9.81%	-43.7%
Dec 2010	17.42%	-

FAQ

What is the current quarterly gross margin of PSX?: As of today, PSX quarterly gross margin is 17.62%
What is PSX quarterly gross margin most recent change?: PSX quarterly gross margin was up +100.46% on September 30, 2026
What is 1-year change in PSX quarterly gross margin?: PSX quarterly gross margin is up +217.48% year-over-year
How far is PSX quarterly gross margin from its all-time high?: PSX quarterly gross margin is currently at its all-time high
How does PSX quarterly gross margin rank versus sector peers?: PSX quarterly gross margin is higher than 29.49% of companies in Energy sector
When is PSX next earnings release?: The next earnings release for PSX is on February 3, 2027

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

PSX Official Website www.phillips66.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1534701/000153470126000006/0001534701-26-000006-index.htm
PSX Profile on Yahoo Finance finance.yahoo.com/quote/PSX
PSX Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/psx