Mplx (MPLX) Tax Rate (2012 - 2026)
Mplx's (MPLX) quarterly Tax Rate came in at 0.18% in Q2 2026, up 9.0% year-over-year from 0.17% in Q2 2025, and up 69.51% quarter-over-quarter from 0.11% in Q1 2026.
Analysis
Mplx (MPLX) Tax Rate (2012 - 2026) Analysis & Trends
Mplx (MPLX) has reported Tax Rate for 15 consecutive years, with 0.18% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 9.0% year-over-year to 0.18% in Q2 2026; TTM through Jun 2026 was 0.19%, a 2.0% decrease from a year earlier, with the FY2025 full-year figure at 0.16%, down 7.0% from the prior year.
- Tax Rate was 0.18% for Q2 2026 at Mplx, up from 0.11% in the prior quarter.
- Over five years, Tax Rate peaked at 0.78% in Q4 2023 and troughed at 0.07% in Q3 2022.
- A 5-year average of 0.23% and a median of 0.18% in 2024 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 54 bps in 2023, down 49 bps in 2023.
- Over 5 years, Tax Rate stood at 0.24% in 2022, then jumped 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 dropped by 26 bps to 0.18% in 2026.
- The last three Tax Rate figures came in at 0.18% (Q2 2026), 0.11% (Q1 2026), and 0.25% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 23.33% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.64% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.12% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 5.85% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.61% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 0.18% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 23.62% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 21.97% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 21.47% |
| 10 | Gas Transporter Of The South | 21.92 Bn | -3,019.13 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.18% |
| Mar 31, 2026 | 0.11% |
| Dec 31, 2025 | 0.25% |
| 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% |
| Dec 31, 2019 | 0.35% |