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Phillips 66 Gross Profit 2016-2026 | PSX

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What is gross profit?

Gross profit can be defined as revenue minus the cost of goods sold, representing the profit a company makes before deducting operating expenses.

What is Phillips 66's current gross profit?

Phillips 66 (PSX) annual gross profit for 2025 was $16.28B, a 23.44% increase from 2024. Phillips 66 gross profit for the quarter ending March 31, 2026 was $3.32B.

What was Phillips 66's gross profit in 2024?

Phillips 66 annual gross profit for 2024 was $13.19B, a 31.70% decline from 2023.

What was Phillips 66's gross profit in 2023?

Phillips 66 annual gross profit for 2023 was $19.31B, a 3.71% decline from 2022.

What is Phillips 66's 5-year gross profit CAGR?

Phillips 66 gross profit grew at a compound annual growth rate (CAGR) of 20.45% from FY2020 to FY2025, going from $6.42B to $16.28B over 5 years.

Gross Profit History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR+20.5%
FY2020
$6.42B
FY2025
$16.28B
16171819202122232425
5 years selected
Gross Profit History
PeriodValueChangeSource
FY2025$16.28B+23.4%10-K
FY2024$13.19B-31.7%10-K
FY2023$19.31B-3.7%10-K
FY2022$20.06B+114.0%10-K
FY2021$9.37B+46.0%10-K
FY2020$6.42B-45.4%10-K
FY2019$11.76B-13.1%10-K
FY2018$13.53B-41.0%10-K
FY2017$22.95B+5.2%10-K
FY2016$21.81B-10-K
Company: Phillips 66Ticker: PSXSector: EnergyIndustry: Petroleum RefiningView company profile →