Mplx (MPLX) Operating Margin (2011 - 2026)

Mplx (MPLX) has 16 years of Operating Margin data on file, last reported at 51.68% in Q1 2026.

• On a quarterly basis, Operating Margin fell 385.0% year-over-year to 51.68% in Q1 2026; TTM through Mar 2026 was 47.38%, a 963.0% decrease from a year earlier, with the FY2025 full-year figure at 45.72%, down 1182.0% from the prior year.
• Operating Margin for Q1 2026 stood at 51.68%, up from 45.6% in the prior quarter.
• Over the last five years, Operating Margin for MPLX reached as high as 72.12% in Q3 2022 and fell as low as 3925.93% in Q4 2022.
• Historically, Operating Margin has averaged 181.66% across 5 years, with a median of 51.68% in 2026.
• Across the five-year window, Operating Margin plunged 394443 bps in 2022 and soared 398712 bps in 2023, its largest moves.
• Year by year, Operating Margin stood at 3925.93% in 2022, then jumped by 102 bps to 61.19% in 2023, then dropped by 9 bps to 55.56% in 2024, then decreased by 18 bps to 45.6% in 2025, then grew by 13 bps to 51.68% in 2026.
• Per Business Quant data, the three most recent Operating Margin figures were 51.68% in Q1 2026, 45.6% in Q4 2025, and 49.77% in Q3 2025.