Mplx (MPLXP) Net Margin (2011 - 2026)
Mplx's (MPLXP) quarterly Net Margin came in at 30.35% in Q1 2026, down 1542.0% year-on-year from 2.1% in Q1 2025, and up 100.51% sequentially from 5965.0% in Q4 2025.
Mplx (MPLXP) Net Margin (2011 - 2026) Analysis & Trends
Mplx's Net Margin history runs 16 years deep, the most recent figure standing at 30.35% for Q1 2026.
- In Q1 2026, Net Margin fell 1542.0% year-over-year to 30.35%; the TTM figure through Mar 2026 stood at 52.35% (up 860.0% YoY), while the FY2025 annual figure was 50.5%, up 382.0% from the prior year.
- Net Margin came in at 30.35% for Q1 2026 at Mplx, up from 5965.0% in the prior quarter.
- Over five years, Net Margin peaked at 60.1% in Q3 2022 and troughed at 5965.0% in Q4 2025.
- The 5-year median for Net Margin is 42.69% (2025), against an average of 484.28%.
- The widest annual swing landed in 2023, when Net Margin jumped 294944 bps; it then tumbled 601022 bps in 2025.
- A 5-year view of Net Margin shows it stood at 2900.0% in 2022, then soared by 102 bps to 49.44% in 2023, then dropped by 9 bps to 45.22% in 2024, then plunged by 13291 bps to 5965.0% in 2025, then surged by 101 bps to 30.35% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 30.35% in Q1 2026, 5965.0% in Q4 2025, and 42.69% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 7.47% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 20.73% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 10.39% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 4.30% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 11.71% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 30.35% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 8.07% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 5.08% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 10.61% |
| 10 | Mplx | - | - | 2.54 Bn | 30.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.35% |
| Dec 31, 2025 | -5,965.00% |
| Sep 30, 2025 | 42.69% |
| Jun 30, 2025 | 44.48% |
| Mar 31, 2025 | 45.77% |
| Dec 31, 2024 | 45.22% |
| Sep 30, 2024 | 34.69% |
| Jun 30, 2024 | 51.93% |
| Mar 31, 2024 | 45.81% |
| Dec 31, 2023 | 49.44% |
| Sep 30, 2023 | 39.12% |
| Jun 30, 2023 | 33.83% |
| Mar 31, 2023 | 43.02% |
| Dec 31, 2022 | -2,900.00% |
| Sep 30, 2022 | 60.10% |
| Jun 30, 2022 | 35.43% |
| Mar 31, 2022 | 30.38% |
| Dec 31, 2021 | 109.75% |
| Sep 30, 2021 | 29.46% |
| Jun 30, 2021 | 28.18% |