Mplx (MPLX) EBITDA Margin (2011 - 2026)
Mplx's EBITDA Margin was 51.65% in Q3 2026, down 7.87 percentage points from 59.52% a year earlier and down 1.22 percentage points from the prior quarter.
Mplx (MPLX) EBITDA Margin (2011 - 2026) Analysis & Trends
On a trailing twelve-month basis, Mplx's EBITDA Margin was 53.28% through Sep 30, 2026, down 2.61 percentage points year-over-year; for FY2025, it was 56.35%, up 0.83 percentage points from FY2024.
- EBITDA Margin has now increased for six consecutive years, with a five-year change of +34.56 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 55.52% in FY2024 (+0.84 pp), 54.68% in FY2023 (+1.17 pp), 53.51% in FY2022 (+0.16 pp) and 53.35% in FY2021 (+31.56 pp).
- The Q3 2026 figure marks the lowest quarterly EBITDA Margin since Q3 2023.
- Compared with a year earlier, EBITDA Margin has declined for three straight quarters, with an average year-over-year change of -1.39 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q3 2022 (a gain of 33.10 percentage points); the worst was Q4 2021 (a drop of 18.23 percentage points).
- Per Business Quant data, MPLX's EBITDA Margin in the three quarters before Q3 2026 was 52.87% (Q2 2026), 51.97% (Q1 2026) and 56.73% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.21 Bn | 99.81 Bn | 4.84 Bn | 14.80% |
| 2 | Williams Companies | 83.97 Bn | 81.00 Bn | 2.59 Bn | 54.48% |
| 3 | Enterprise Products Partners | 79.65 Bn | 78.01 Bn | - | 14.64% |
| 4 | Kinder Morgan | 69.38 Bn | 68.24 Bn | 2.97 Bn | 39.46% |
| 5 | Energy Transfer | 66.22 Bn | 62.05 Bn | 6.57 Bn | 11.80% |
| 6 | Tc Energy | 66.00 Bn | 62.09 Bn | - | - |
| 7 | Targa Resources | 60.20 Bn | 59.65 Bn | 2.02 Bn | 27.89% |
| 8 | Cheniere Energy | 59.73 Bn | 53.88 Bn | 2.97 Bn | 37.39% |
| 9 | Mplx | 57.64 Bn | 51.66 Bn | 3.19 Bn | 51.65% |
| 10 | Oneok | 54.55 Bn | 53.95 Bn | 2.84 Bn | 15.76% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 51.65% |
| Jun 30, 2026 | 52.87% |
| Mar 31, 2026 | 51.97% |
| Dec 31, 2025 | 56.73% |
| Sep 30, 2025 | 59.52% |
| Jun 30, 2025 | 54.05% |
| Mar 31, 2025 | 54.48% |
| Dec 31, 2024 | 54.85% |
| Sep 30, 2024 | 54.21% |
| Jun 30, 2024 | 57.44% |
| Mar 31, 2024 | 55.55% |
| Dec 31, 2023 | 57.11% |
| Sep 30, 2023 | 50.41% |
| Jun 30, 2023 | 55.65% |
| Mar 31, 2023 | 55.62% |
| Dec 31, 2022 | 51.95% |
| Sep 30, 2022 | 58.66% |
| Jun 30, 2022 | 49.15% |
| Mar 31, 2022 | 53.30% |
| Dec 31, 2021 | 18.98% |
Mplx EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=MPLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "MPLX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();