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Phillips 66 PSX Net margin

Net margin at other companies

American Homes 4 Rent logo
American Homes 4 RentAMH
$148.84M+15.6%
American Homes 4 Rent logo
American Homes 4 RentAMH
$257.65M+10.5%
ACR
ACRES Commercial RealtyACR
-$12.78M-396%
W.P. Carey Inc. logo
W.P. Carey Inc.WPC
$142.75M-32.1%
NRZ
New Residential Investment Corp.NRZ
NRZ
New Residential Investment Corp.NRZ

Other financials

Income statement

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Revenue$32.5B+6.9%
Gross profit$3.3B+20.0%
Net income$207.0M-57.5%
EPS (diluted)$0.51-56.8%

Balance sheet

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Cash & equivalents$5.2B+246%
Total debt$21.7B+0.7%
Total equity$28.5B+4.6%
Total assets$84.1B+17.0%

Cash flow

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Operating cash flow-$2.3B-1,311%

Valuation

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Market cap$66.61B+45.0%
P/E16.2×-8.6×
P/S0.5×+0.2×

Profitability

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Gross margin12.5%+3.4pp

Returns & leverage

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Return on equity14.8%+8.3pp
Debt / equity0.7×0.0×
Current ratio1.1×-0.1×

Where this comes from

Calculated from Phillips 66’s reported figures.

Based on trailing twelve months.

The official record: Phillips 66’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Phillips 66's net margin?
Phillips 66 (PSX) reported net margin of 3.1% in Q1 2026.
How has Phillips 66's net margin changed year-over-year?
Phillips 66's net margin increased by 127.6% year-over-year, from 1.3% to 3.1%.
What is the long-term trend for Phillips 66's net margin?
Over 5 years (2020 to 2025), Phillips 66's net margin has grown at a -11.7% compound annual growth rate (CAGR), from -6.2% to 3.3%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.