KPIs & Operating Metrics(New)
Growth Metrics

Mplx (MPLX) Operating Margin (2016 - 2026)

Mplx has reported Operating Margin over the past 16 years, most recently at 39.96% for Q1 2026.

  • Quarterly Operating Margin fell 1557.0% to 39.96% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 64.39% through Mar 2026, up 1092.0% year-over-year, with the annual reading at 61.1% for FY2025, 356.0% up from the prior year.
  • Operating Margin was 39.96% for Q1 2026 at Mplx, up from 7415.0% in the prior quarter.
  • Over five years, Operating Margin peaked at 72.12% in Q3 2022 and troughed at 7415.0% in Q4 2025.
  • The 5-year median for Operating Margin is 50.55% (2023), against an average of 620.62%.
  • Year-over-year, Operating Margin surged 398712bps in 2023 and then crashed -747056bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 3925.93% in 2022, then skyrocketed by 102bps to 61.19% in 2023, then dropped by -9bps to 55.56% in 2024, then tumbled by -13445bps to 7415.0% in 2025, then surged by 101bps to 39.96% in 2026.
  • Per Business Quant, the three most recent readings for MPLX's Operating Margin are 39.96% (Q1 2026), 7415.0% (Q4 2025), and 49.77% (Q3 2025).