Mplx MPLX
NYSE MPLX
$59.68 +0.33 (+0.56%)
At close: Sep 4, 2026 · 4:00 PM EDT

Mplx (MPLX) Net Margin (2011 - 2026)

Mplx's (MPLX) quarterly Net Margin came in at 32.82% in Q2 2026, down 208.0% year-over-year from 30.39% in Q2 2025, and up 8.14% quarter-over-quarter from 30.35% in Q1 2026.

Analysis

Mplx (MPLX) Net Margin (2011 - 2026) Analysis & Trends

Mplx (MPLX) has reported Net Margin for 16 consecutive years, with 32.82% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Net Margin fell 208.0% year-over-year to 32.82% in Q2 2026; TTM through Jun 2026 was 35.9%, a 57.0% increase from a year earlier, with the FY2025 full-year figure at 37.79%, up 184.0% from the prior year.
  • Net Margin was 32.82% for Q2 2026 at Mplx, up from 30.35% in the prior quarter.
  • Over five years, Net Margin peaked at 42.69% in Q3 2025 and troughed at 28.71% in Q2 2022.
  • A 5-year average of 34.58% and a median of 34.79% in 2024 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin jumped 1155 bps in 2022 and tumbled 1035 bps in 2023, its largest moves.
  • Over 5 years, Net Margin stood at 29.41% in 2022, then advanced by 27 bps to 37.46% in 2023, then declined by 5 bps to 35.68% in 2024, then gained by 3 bps to 36.69% in 2025, then slipped by 11 bps to 32.82% in 2026.
  • The last three Net Margin figures came in at 32.82% (Q2 2026), 30.35% (Q1 2026), and 36.69% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 19.97%
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 10.16%
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 5.90%
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 24.94%
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 17.22%
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 32.82%
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 8.03%
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 4.76%
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 23.70%
10 Gas Transporter Of The South 21.92 Bn -3,019.13 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 32.82%
Mar 31, 2026 30.35%
Dec 31, 2025 36.69%
Sep 30, 2025 42.69%
Jun 30, 2025 34.90%
Mar 31, 2025 36.04%
Dec 31, 2024 35.68%
Sep 30, 2024 34.69%
Jun 30, 2024 38.37%
Mar 31, 2024 34.96%
Dec 31, 2023 37.46%
Sep 30, 2023 30.67%
Jun 30, 2023 33.83%
Mar 31, 2023 33.73%
Dec 31, 2022 29.41%
Sep 30, 2022 41.02%
Jun 30, 2022 28.71%
Mar 31, 2022 30.38%
Dec 31, 2021 29.22%
Sep 30, 2021 29.46%