Mplx (MPLX) EBT Margin (2011 - 2026)
Mplx (MPLX) recorded EBT Margin of 32.88% in Q2 2026, down 2.38 percentage points from 35.26% a year earlier but up 2.50 percentage points from the prior quarter.
Mplx (MPLX) EBT Margin (2011 - 2026) Analysis & Trends
On a TTM basis, Mplx's EBT Margin came in at 36.12% as of Jun 30, 2026, up 0.28 percentage points year-over-year; for FY2025, it came in at 38.16%, up 1.56 percentage points from FY2024.
- Annual EBT Margin has increased for five straight years, with a five-year change of +47.21 percentage points (FY2020 to FY2025).
- Across earlier years, EBT Margin came in at 36.60% in FY2024 (+1.34 pp), 35.25% in FY2023 (+0.93 pp), 34.32% in FY2022 (+3.28 pp) and 31.05% in FY2021 (+40.10 pp).
- Quarterly EBT Margin has ranged from 30.07% in Q2 2022 to 43.05% in Q3 2025 over the past five years.
- On a year-over-year basis, EBT Margin rose in four of the last eight quarters, with an average year-over-year change of -0.25 percentage points.
- Peak year-over-year performance for EBT Margin in the last five years was a gain of 10.59 percentage points in Q3 2022, against a drop of 10.38 percentage points in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 30.38% (Q1 2026), 37.08% (Q4 2025) and 43.05% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 6.86% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 10.22% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 7.93% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 26.04% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 36.72% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 22.63% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 32.88% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 10.51% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 69.92% |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 38.29% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.88% |
| Mar 31, 2026 | 30.38% |
| Dec 31, 2025 | 37.08% |
| Sep 30, 2025 | 43.05% |
| Jun 30, 2025 | 35.26% |
| Mar 31, 2025 | 36.40% |
| Dec 31, 2024 | 36.37% |
| Sep 30, 2024 | 35.30% |
| Jun 30, 2024 | 38.93% |
| Mar 31, 2024 | 35.70% |
| Dec 31, 2023 | 38.87% |
| Sep 30, 2023 | 31.90% |
| Jun 30, 2023 | 35.02% |
| Mar 31, 2023 | 35.13% |
| Dec 31, 2022 | 31.03% |
| Sep 30, 2022 | 42.28% |
| Jun 30, 2022 | 30.07% |
| Mar 31, 2022 | 32.11% |
| Dec 31, 2021 | 30.65% |
| Sep 30, 2021 | 31.69% |
Mplx EBT 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=ebt-margin&ticker=MPLX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=MPLX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();