Mplx Lp MPLX
NYSE MPLX
$58.19 -0.19 (-0.33%)
As of: Oct 21, 2026 · 11:41 AM EDT

Mplx (MPLX) Tax Rate (2012 - 2026)

Updated

Mplx's Tax Rate came in at 0.18% for Q2 2026, up 0.09 percentage points from 0.09% a year earlier and up 0.08 percentage points from the prior quarter.

Analysis

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

Over the trailing twelve months to Jun 30, 2026, Mplx reported Tax Rate of 0.15%, down 0.06 percentage points year-over-year; for FY2024, it was 0.23%, down 0.05 percentage points from FY2023.

  • Tax Rate carries a four-year change of +0.52 percentage points (FY2020 to FY2024).
  • Going back by year, Tax Rate was 0.28% in FY2023 (+0.08 pp), 0.20% in FY2022 (+0.17 pp), 0.03% in FY2021 (+0.32 pp) and -0.29% in FY2020.
  • The five-year range for quarterly Tax Rate is 0.07% (Q3 2022) to 0.78% (Q4 2023).
  • Year-over-year, Tax Rate increased in three of the last seven quarters, with an average year-over-year change of -0.03 percentage points.
  • The fastest year-over-year change in Tax Rate over five years came in Q4 2023 (a gain of 0.54 percentage points), and the weakest in Q1 2023 (a drop of 0.49 percentage points).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 104.88 Bn 100.48 Bn 4.84 Bn 21.97%
2 Williams Companies 88.86 Bn 87.57 Bn 2.54 Bn -
3 Enterprise Products Partners 79.38 Bn 77.77 Bn - 0.64%
4 Kinder Morgan 75.47 Bn 75.18 Bn 3.07 Bn 23.33%
5 Energy Transfer 69.38 Bn 62.56 Bn 7.40 Bn 7.12%
6 Tc Energy 64.92 Bn 61.01 Bn 2.81 Bn 15.28%
7 Targa Resources 63.61 Bn 63.08 Bn 2.14 Bn 22.61%
8 Cheniere Energy 59.20 Bn 54.02 Bn 5.29 Bn 9.13%
9 Mplx 58.98 Bn 52.54 Bn 2.91 Bn 0.18%
10 Oneok 58.56 Bn 56.95 Bn 2.81 Bn 23.62%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.18%
Mar 31, 2026 0.11%
Sep 30, 2025 0.19%
Jun 30, 2025 0.09%
Mar 31, 2025 0.09%
Dec 31, 2024 0.45%
Sep 30, 2024 0.19%
Jun 30, 2024 0.17%
Mar 31, 2024 0.10%
Dec 31, 2023 0.78%
Sep 30, 2023 0.11%
Mar 31, 2023 0.10%
Dec 31, 2022 0.24%
Sep 30, 2022 0.07%
Mar 31, 2022 0.60%
Mar 31, 2021 0.13%
Dec 31, 2020 0.14%
Sep 30, 2020 0.15%
Sep 30, 2019 0.58%
Sep 30, 2018 0.58%
API Access

Mplx Tax Rate API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=tax-rate&ticker=MPLX&period=max&api_key=YOUR_API_KEY