Mplx Lp annual operating margin
2020
2021
2022
2023
2024
2025
Mplx Lp Operating Margin Growth & History (MPLX)
Mplx Lp's operating margin was 61.10% for fiscal 2025.
View full Mplx Lp company overviewMplx Lp annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 61.10% | +3.56 pp |
| 2024 | 2024-12-31 | 57.55% | +1.44 pp |
| 2023 | 2023-12-31 | 56.11% | +1.08 pp |
| 2022 | 2022-12-31 | 55.03% | +5.26 pp |
| 2021 | 2021-12-31 | 49.77% | +46.71 pp |
| 2020 | 2020-12-31 | 3.06% | — |
Mplx Lp quarterly operating margin
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 52.70% | −2.19 pp |
| Q1 2026 | 2026-03-31 | 51.68% | −3.85 pp |
| Q4 2025 | 2025-12-31 | 60.51% | +4.94 pp |
| Q3 2025 | 2025-09-30 | 73.24% | +18.87 pp |
| Q2 2025 | 2025-06-30 | 54.88% | −8.05 pp |
| Q1 2025 | 2025-03-31 | 55.53% | −2.07 pp |
| Q4 2024 | 2024-12-31 | 55.56% | −5.63 pp |
| Q3 2024 | 2024-09-30 | 54.37% | +3.82 pp |
| Q2 2024 | 2024-06-30 | 62.93% | +6.33 pp |
| Q1 2024 | 2024-03-31 | 57.60% | +1.37 pp |
| Q4 2023 | 2023-12-31 | 61.19% | −4.60 pp |
| Q3 2023 | 2023-09-30 | 50.55% | −21.58 pp |
| Q2 2023 | 2023-06-30 | 56.60% | +9.71 pp |
| Q1 2023 | 2023-03-31 | 56.23% | +15.62 pp |
| Q4 2022 | 2022-12-31 | 65.80% | — |
| Q3 2022 | 2022-09-30 | 72.12% | — |
| Q2 2022 | 2022-06-30 | 46.89% | — |
| Q1 2022 | 2022-03-31 | 40.61% | — |
Mplx Lp operating margin trends
Over the last five reported fiscal years, Mplx Lp's operating margin increased from 3.06% to 61.10%, a change of +58.04 percentage points. The latest reported quarter, Q2 2026, shows 52.70%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Mplx Lp filings at SEC.gov ↗