Mplx (MPLX) Tax Rate (2012 - 2026)

Mplx's (MPLX) quarterly Tax Rate came in at 0.11% in Q1 2026, up 2.0% year-on-year from 0.11% in Q1 2025, and down 56.45% on a QoQ basis from 0.25% in Q4 2025.

Mplx (MPLX) Tax Rate (2012 - 2026) Analysis & Trends

Mplx (MPLX) has 15 years of Tax Rate data on file, last reported at 0.11% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 2.0% year-over-year to 0.11% in Q1 2026; TTM through Mar 2026 was 0.17%, a 5.0% decrease from a year earlier, with the FY2025 full-year figure at 0.16%, down 7.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 0.11%, down from 0.25% in the prior quarter.
  • Over the last five years, Tax Rate for MPLX reached as high as 0.78% in Q4 2023 and fell as low as 0.07% in Q3 2022.
  • Historically, Tax Rate has averaged 0.24% across 5 years, with a median of 0.17% in 2024.
  • On a YoY basis, Tax Rate climbed as much as 54 bps in 2023 and fell as far as 49 bps in 2023.
  • Year by year, Tax Rate stood at 0.24% in 2022, then surged by 222 bps to 0.78% in 2023, then plunged by 42 bps to 0.45% in 2024, then sank by 45 bps to 0.25% in 2025, then plunged by 56 bps to 0.11% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 0.11% in Q1 2026, 0.25% in Q4 2025, and 0.19% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -0.08%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -0.12%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 23.33%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 24.82%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.45%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 10.04%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 6.40%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 20.27%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 24.00%
10 Mplx 58.39 Bn 56.89 Bn 1.95 Bn 0.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.11%
Mar 31, 2026 0.11%
Mar 31, 2026 0.11%
Dec 31, 2025 0.25%
Dec 31, 2025 0.25%
Dec 31, 2025 0.25%
Sep 30, 2025 0.19%
Sep 30, 2025 0.19%
Sep 30, 2025 0.19%
Jun 30, 2025 0.09%
Jun 30, 2025 0.09%
Jun 30, 2025 0.09%
Mar 31, 2025 0.09%
Mar 31, 2025 0.09%
Mar 31, 2025 0.09%
Dec 31, 2024 0.45%
Dec 31, 2024 0.45%
Dec 31, 2024 0.45%
Sep 30, 2024 0.19%
Sep 30, 2024 0.19%