Mplx Lp MPLX
NYSE MPLX
$56.78 +0.07 (+0.11%)
As of: Nov 11, 2026 · 1:56 PM EST

Mplx (MPLX) Tax Rate (2012 - 2026)

Updated

Mplx's Tax Rate came in at 0.17% for Q3 2026, down 0.02 percentage points from 0.19% a year earlier and down 0.01 percentage points from the prior quarter.

Analysis

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

Over the trailing twelve months to Sep 30, 2026, Mplx reported Tax Rate of 0.18%, down 0.02 percentage points year-over-year; for FY2024, it was 0.23%, down 0.05 percentage points from FY2023.

  • Tax Rate carries a three-year change of +0.20 percentage points (FY2021 to FY2024).
  • Going back by year, Tax Rate was 0.28% in FY2023 (+0.08 pp), 0.20% in FY2022 (+0.17 pp) and 0.03% in FY2021.
  • 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 two of the last seven quarters, with an average year-over-year change of -0.05 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 106.46 Bn 104.34 Bn 4.35 Bn 23.31%
2 Williams Companies 84.36 Bn 87.15 Bn 2.59 Bn 22.37%
3 Enterprise Products Partners 80.12 Bn 78.52 Bn 14.00 Mn 1.03%
4 Kinder Morgan 69.50 Bn 69.59 Bn 2.97 Bn 19.39%
5 Energy Transfer 66.92 Bn 63.02 Bn 6.57 Bn 9.35%
6 Tc Energy 66.06 Bn 69.71 Bn - 11.44%
7 Targa Resources 60.35 Bn 59.56 Bn 2.02 Bn 20.53%
8 Cheniere Energy 59.93 Bn 59.50 Bn 2.97 Bn 10.16%
9 Mplx 57.44 Bn 51.69 Bn 3.19 Bn 0.17%
10 Oneok 55.08 Bn 63.62 Bn 2.84 Bn -
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 0.17%
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%
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