Mplx (MPLX) Net Margin (2011 - 2026)
Mplx (MPLX) reported Net Margin of 30.35% for Q1 2026, down 1542.0% year-over-year from 2.1% in Q1 2025, and up 100.51% quarter-over-quarter from 5965.0% in Q4 2025.
Mplx (MPLX) Net Margin (2011 - 2026) Analysis & Trends
Mplx (MPLX) has 16 years of Net Margin data on file, last reported at 30.35% in Q1 2026.
- Net Margin for Q1 2026 came in at 30.35%, down 1542.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 52.35% (up 860.0% YoY), and the FY2025 annual result was 50.5%, up 382.0% from the prior year.
- Net Margin grew to 30.35% in Q1 2026 per MPLX's latest filing, from 5965.0% in the prior quarter.
- Over five years, Net Margin peaked at 60.1% in Q3 2022 and troughed at 5965.0% in Q4 2025.
- A 5-year average of 484.28% and a median of 42.69% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2025: Net Margin soared 294944 bps in 2023, then slumped 601022 bps in 2025.
- A 5-year view of Net Margin shows it stood at 2900.0% in 2022, then surged by 102 bps to 49.44% in 2023, then slipped by 9 bps to 45.22% in 2024, then tumbled by 13291 bps to 5965.0% in 2025, then jumped by 101 bps to 30.35% in 2026.
- Business Quant data shows MPLX's Net Margin at 30.35% in Q1 2026, 5965.0% in Q4 2025, and 42.69% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.15 Bn | 88.85 Bn | 6.70 Bn | 7.47% |
| 2 | Enterprise Products Partners | 81.41 Bn | 80.26 Bn | - | 10.39% |
| 3 | Kinder Morgan | 69.70 Bn | 70.78 Bn | 3.08 Bn | 20.73% |
| 4 | Energy Transfer | 66.51 Bn | 65.79 Bn | 6.62 Bn | 4.30% |
| 5 | Scorpio Tankers | 59.31 Bn | 58.33 Bn | - | - |
| 6 | Mplx | 57.21 Bn | 55.70 Bn | 2.54 Bn | 30.35% |
| 7 | Targa Resources | 56.78 Bn | 56.82 Bn | 1.70 Bn | 11.71% |
| 8 | Oneok | 55.57 Bn | 55.44 Bn | 2.57 Bn | 8.07% |
| 9 | Tc Energy | 50.90 Bn | 52.09 Bn | 2.95 Bn | 23.51% |
| 10 | Cheniere Energy | 49.81 Bn | 52.01 Bn | 5.86 Bn | -58.15% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.35% |
| Dec 31, 2025 | -5,965.00% |
| Sep 30, 2025 | 42.69% |
| Jun 30, 2025 | 44.48% |
| Mar 31, 2025 | 45.77% |
| Dec 31, 2024 | 45.22% |
| Sep 30, 2024 | 34.69% |
| Jun 30, 2024 | 51.93% |
| Mar 31, 2024 | 45.81% |
| Dec 31, 2023 | 49.44% |
| Sep 30, 2023 | 39.12% |
| Jun 30, 2023 | 33.83% |
| Mar 31, 2023 | 43.02% |
| Dec 31, 2022 | -2,900.00% |
| Sep 30, 2022 | 60.10% |
| Jun 30, 2022 | 35.43% |
| Mar 31, 2022 | 30.38% |
| Dec 31, 2021 | 109.75% |
| Sep 30, 2021 | 29.46% |
| Jun 30, 2021 | 28.18% |